Median Gross Rent as a Percentage of Household Income - B25071001 - Median Gross Rent as a Percentage of Household Income in the Past 12 Months (Dollars) - American Community Survey Tables: 2008 -- 2010 (3-Year Estimates) (ACS2010_3yr) - Survey ACS 2010 (3-Year Estimates)

Data Dictionary:

ACS 2010 (3-Year Estimates)

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Survey: ACS 2010 (3-Year Estimates)

Data Source:

U.S. Census Bureau

Data set: American Community Survey Tables: 2008 -- 2010 (3-Year Estimates) (ACS2010_3yr)

Table:

B25071. Median Gross Rent as a Percentage of Household Income in the Past 12 Months (Dollars) [1]

Universe: Renter-occupied housing units paying cash rent

Variable Details

B25071.	Median Gross Rent as a Percentage of Household Income in the Past 12 Months (Dollars)
	Universe: Renter-occupied housing units paying cash rent
	B25071001Median Gross Rent as a Percentage of Household Income Percent base: None - percentages not computed Aggregation method: Median, using bracket table: B25070, interpolation method: Pareto

Relevant Documentation:

Excerpt from:	Social Explorer; U.S. Census Bureau; American Community Survey 2008-2010 Summary File: Technical Documentation.
	ACS 2010 3-Year Summary File: Technical Documentation -> Appendix A. Supplemental Documentation -> 2010 Subject Definitions -> Living Quarters -> Housing Variables -> Gross Rent -> Gross Rent as a Percentage of Household Income

Gross Rent as a Percentage of Household Income

Gross rent as a percentage of household income is a computed ratio of monthly gross rent to monthly household income (total household income divided by 12). The ratio is computed separately for each unit and is rounded to the nearest tenth. Units for which no rent is paid and units occupied by households that reported no income or a net loss comprise the category, "Not computed."

Gross rent as a percentage of household income provides information on the monthly housing cost expenses for renters. The information offers an excellent measure of housing affordability and excessive shelter costs. The data also serve to aid in the development of housing programs to meet the needs of people at different economic levels, and to provide assistance to agencies in determining policies on fair rent.