Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Young County, TX
Series ID MHICIUBTX48503A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:31 AM 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 25090
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26995
1994-01-01 .
1995-01-01 29127
1996-01-01 .
1997-01-01 31588
1998-01-01 32446
1999-01-01 31640
2000-01-01 33760
2001-01-01 32822
2002-01-01 32337
2003-01-01 33194
2004-01-01 34951
2005-01-01 37243
2006-01-01 37885
2007-01-01 42775
2008-01-01 43250
2009-01-01 44726
2010-01-01 44286
2011-01-01 44269
2012-01-01 46979
2013-01-01 48514
2014-01-01 46026
2015-01-01 53283
2016-01-01 55834
2017-01-01 48015
2018-01-01 54063
2019-01-01 58901
2020-01-01 62441
2021-01-01 59548
2022-01-01 64723
2023-01-01 70017

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