Household Income in the Past 12 Months (in 2010 Inflation-Adjusted Dollars) -- $1,500 to $1,999 - B25122118 - Household Income in the Past 12 Months (In 2010 Inflation-Adjusted Dollars) by Gross Rent - American Community Survey Tables: 2006 -- 2010 (5-Year Estimates) (ACS10_5yr) - Survey ACS 2010 (5-Year Estimates)

Data Dictionary:

ACS 2010 (5-Year Estimates)

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Survey: ACS 2010 (5-Year Estimates)

Data Source:

U.S. Census Bureau

Data set: American Community Survey Tables: 2006 -- 2010 (5-Year Estimates) (ACS10_5yr)

Table:

B25122. Household Income in the Past 12 Months (In 2010 Inflation-Adjusted Dollars) by Gross Rent [120]

Universe: Renter-occupied housing units

Variable Details

B25122.	Household Income in the Past 12 Months (In 2010 Inflation-Adjusted Dollars) by Gross Rent
	Universe: Renter-occupied housing units
	B25122001Renter-occupied housing units B25122104 Household Income in the Past 12 Months (in 2010 Inflation-Adjusted Dollars) -- $100,000 or More B25122105 Household Income in the Past 12 Months (in 2010 Inflation-Adjusted Dollars) -- with Cash Rent B25122118 Household Income in the Past 12 Months (in 2010 Inflation-Adjusted Dollars) -- $1,500 to $1,999 Percent base: Renter-Occupied Housing Units (ACS10_5yr:B25122001) Aggregation method: Addition

Relevant Documentation:

Excerpt from:	Social Explorer; U.S. Census Bureau; American Community Survey 2006-2010 Summary File: Technical Documentation.
	ACS 2010 5-Year Summary File: Technical Documentation -> Appendix A. Supplemental Documentation -> Subject Definitions -> Population Variables -> Income Type in the Past 12 Months -> Income of Households

Income of Households

This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one person, average household income is usually less than average family income. Although the household income statistics cover the past 12 months, the characteristics of individuals and the composition of households refer to the time of interview. Thus, the income of the household does not include amounts received by individuals who were members of the household during all or part of the past 12 months if these individuals no longer resided in the household at the time of interview. Similarly, income amounts reported by individuals who did not reside in the household during the past 12 months but who were members of the household at the time of interview are included. However, the composition of most households was the same during the past 12 months as at the time of interview.

Excerpt from:	Social Explorer; U.S. Census Bureau; American Community Survey 2006-2010 Summary File: Technical Documentation.
	ACS 2010 5-Year Summary File: Technical Documentation -> Appendix A. Supplemental Documentation -> Subject Definitions -> Housing Variables -> Gross Rent

Gross Rent

The data on gross rent were obtained from answers to Housing Questions 11a-d and 15a in the 2010 American Community Survey. Gross rent is the contract rent plus the estimated average monthly cost of utilities (electricity, gas, and water and sewer) and fuels (oil, coal, kerosene, wood, etc.) if these are paid by the renter (or paid for the renter by someone else). Gross rent is intended to eliminate differentials that result from varying practices with respect to the inclusion of utilities and fuels as part of the rental payment. The estimated costs of water and sewer, and fuels are reported on a 12-month basis but are converted to monthly figures for the tabulations. Renter units occupied without payment of rent are shown separately as "No rent paid" in the tabulations.

Gross rent provides information on the monthly housing cost expenses for renters. When the data is used in conjunction with income data, 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.

Adjusting Gross Rent for Inflation

To inflate gross rent amounts from previous years, the dollar values are inflated to the latest year's dollar values by multiplying by a factor equal to the average annual Consumer Price Index (CPI-U-RS) factor for the current year, divided by the average annual CPI-U-RS factor for the earlier/earliest year.

Median Gross Rent

Median gross rent divides the gross rent distribution into two equal parts: one-half of the cases falling below the median gross rent and one-half above the median. Median gross rent is computed on the basis of a standard distribution. (See the "Standard Distributions" section under "Appendix A") Median gross rent is rounded to the nearest whole dollar. (For more information on medians, see "Derived Measures.")

Aggregate Gross Rent

Aggregate gross rent is calculated by adding together all the gross rents for all specified housing units in an area. Aggregate gross rent is rounded to the nearest hundred dollars. (For more information, see "Aggregate" under "Derived Measures.")

Question/Concept History

Since 1996, the American Community Survey questions have remained the same.

Comparability

Data on gross rent in the American Community Survey should not be compared to Census 2000 gross rent data. For Census 2000, tables were not released for total renter-occupied units. The universe in Census 2000 was "specified renter-occupied housing units" whereas the universe in the ACS is "renter occupied housing units," thus comparisons cannot be made between these two data sets.