Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Milam County, TX
Series ID MHICIUBTX48331A052NCEN
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 1:51 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 22186
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25068
1994-01-01 .
1995-01-01 27317
1996-01-01 .
1997-01-01 29643
1998-01-01 31073
1999-01-01 33675
2000-01-01 36505
2001-01-01 35195
2002-01-01 34697
2003-01-01 34512
2004-01-01 35657
2005-01-01 36708
2006-01-01 36768
2007-01-01 43001
2008-01-01 45367
2009-01-01 40175
2010-01-01 39516
2011-01-01 42040
2012-01-01 42388
2013-01-01 43632
2014-01-01 45798
2015-01-01 49867
2016-01-01 46325
2017-01-01 48922
2018-01-01 51314
2019-01-01 54582
2020-01-01 55369
2021-01-01 59031
2022-01-01 61173

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