Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wise County, TX
Series ID MHICIUBTX48497A052NCEN
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 28925
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31993
1994-01-01 .
1995-01-01 36362
1996-01-01 .
1997-01-01 39145
1998-01-01 41669
1999-01-01 43542
2000-01-01 46638
2001-01-01 45839
2002-01-01 46501
2003-01-01 47736
2004-01-01 49202
2005-01-01 52060
2006-01-01 54565
2007-01-01 59007
2008-01-01 59783
2009-01-01 57337
2010-01-01 55180
2011-01-01 59834
2012-01-01 57828
2013-01-01 62990
2014-01-01 64455
2015-01-01 63274
2016-01-01 61917
2017-01-01 65895
2018-01-01 72109
2019-01-01 76879
2020-01-01 81080
2021-01-01 83952
2022-01-01 85440

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