Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Ward County, TX

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Ward County, TX
Series ID MHICIUBTX48475A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1989-01-01 to 2022-01-01
Last Updated 2023-12-14 1:09 PM CST
Notes The U.S. Census Bureau provides annual estimates of income and poverty statistics for all school districts, counties, and states through the Small Area Income and Poverty Estimates (SAIPE) program. The bureau's main objective with this program is to provide estimates of income and poverty for the administration of federal programs and the allocation of federal funds to local jurisdictions. In addition to these federal programs, state and local programs use the income and poverty estimates for distributing funds and managing programs.

Household income includes income of the householder and all other people 15 years and older in the household, whether or not they are related to the householder. Median is the point that divides the household income distributions into two halves: one-half with income above the median and the other with income below the median. The median is based on the income distribution of all households, including those with no income.

A confidence interval is a range of values, from the lower bound to the respective upper bound, that describes the uncertainty surrounding an estimate. A confidence interval is also itself an estimate. It is made using a model of how sampling, interviewing, measuring, and modeling contribute to uncertainty about the relation between the true value of the quantity we are estimating and our estimate of that value. The "90%" in the confidence interval listed above represents a level of certainty about our estimate. If we were to repeatedly make new estimates using exactly the same procedure (by drawing a new sample, conducting new interviews, calculating new estimates and new confidence intervals), the confidence intervals would contain the average of all the estimates 90% of the time. For more details about the confidence intervals and their interpretation, see this explanation.
DATE VALUE
1989-01-01 27492
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28728
1994-01-01 .
1995-01-01 29675
1996-01-01 .
1997-01-01 32695
1998-01-01 33605
1999-01-01 31311
2000-01-01 33155
2001-01-01 32994
2002-01-01 32916
2003-01-01 33629
2004-01-01 35672
2005-01-01 36610
2006-01-01 37761
2007-01-01 44014
2008-01-01 46530
2009-01-01 47127
2010-01-01 45324
2011-01-01 48338
2012-01-01 50605
2013-01-01 53202
2014-01-01 58667
2015-01-01 62920
2016-01-01 67258
2017-01-01 58257
2018-01-01 59314
2019-01-01 68303
2020-01-01 59774
2021-01-01 65547
2022-01-01 68347

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