Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Newton County, TX
Series ID MHICILBTX48351A052NCEN
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 16365
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17699
1994-01-01 .
1995-01-01 21014
1996-01-01 .
1997-01-01 22176
1998-01-01 24072
1999-01-01 25866
2000-01-01 26442
2001-01-01 25863
2002-01-01 25929
2003-01-01 26497
2004-01-01 26449
2005-01-01 30014
2006-01-01 27854
2007-01-01 30784
2008-01-01 32195
2009-01-01 34362
2010-01-01 33088
2011-01-01 33048
2012-01-01 32698
2013-01-01 34897
2014-01-01 34973
2015-01-01 36370
2016-01-01 36938
2017-01-01 37340
2018-01-01 38632
2019-01-01 40283
2020-01-01 38549
2021-01-01 38619
2022-01-01 42410

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