Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Austin County, TX
Series ID MHICILBTX48015A052NCEN
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 1:11 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 21524
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26766
1994-01-01 .
1995-01-01 28604
1996-01-01 .
1997-01-01 30868
1998-01-01 32297
1999-01-01 35119
2000-01-01 37168
2001-01-01 37459
2002-01-01 38334
2003-01-01 39415
2004-01-01 40272
2005-01-01 39836
2006-01-01 42557
2007-01-01 45759
2008-01-01 45039
2009-01-01 47590
2010-01-01 45691
2011-01-01 44895
2012-01-01 47003
2013-01-01 47018
2014-01-01 53813
2015-01-01 52448
2016-01-01 50440
2017-01-01 56119
2018-01-01 55485
2019-01-01 62391
2020-01-01 51374
2021-01-01 63293
2022-01-01 61152

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