$75,000 or More - B25101041 - Mortgage Status by Monthly Housing Costs as a Percentage of Household Income in the Past 12 Months - 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:

B25101. Mortgage Status by Monthly Housing Costs as a Percentage of Household Income in the Past 12 Months [45]

Universe: Owner-occupied housing units

Variable Details

B25101.	Mortgage Status by Monthly Housing Costs as a Percentage of Household Income in the Past 12 Months
	Universe: Owner-occupied housing units
	B25101001Owner-occupied housing units B25101024 Not Mortgaged B25101041 $75,000 or More Percent base: Owner-Occupied Housing Units (ACS2010_3yr:B25101001) Aggregation method: Addition

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 -> Monthly Housing Costs as a Percentage of Household Income

Monthly Housing Costs as a Percentage of Household Income

The data for monthly housing costs as a percentage of household income are developed from a distribution of "Selected Monthly Owner Costs as a Percentage of Household Income" for owner-occupied and "Gross Rent as a Percentage of Household Income" for renter-occupied units. The owner-occupied categories are further separated into those with a mortgage and those without a mortgage. See sections on "Selected Monthly Owner Costs as a Percentage of Household Income" and "Gross Rent as a Percentage of Household Income" for more details on what characteristics are included in each measure and how these data are comparable to previous ACS and Census 2000 data.

Monthly housing costs as a percentage of household income provide information on the cost of monthly housing expenses for owners and 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.