Median Value (Dollars) - B25083001 - Median Value (Dollars) for Mobile Homes - American Community Survey 2014 (ACS14) - Survey ACS 2014 (1-Year Estimates)

Data Dictionary:

ACS 2014 (1-Year Estimates)

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Survey: ACS 2014 (1-Year Estimates)

Data Source:

U.S. Census Bureau

Data set: American Community Survey 2014 (ACS14)

Table:

B25083. Median Value (Dollars) for Mobile Homes [1]

Universe: Universe: Owner-occupied mobile homes

Variable Details

B25083.	Median Value (Dollars) for Mobile Homes
	Universe: Universe: Owner-occupied mobile homes
	B25083001Median Value (Dollars) Percent base: None - percentages not computed Aggregation method: Median, using bracket table: A10035, interpolation method: Pareto

Relevant Documentation:

Excerpt from:	Social Explorer; U.S. Census Bureau; American Community Survey 2014 Summary File: Technical Documentation.
	ACS 2014-1yr Summary File: Technical Documentation -> Appendix A: Supplemental Documentation -> 2014 Subject Definitions -> Housing Variables -> Mobile Home Costs

Mobile Home Costs

The data on mobile home costs were obtained from Housing Question 24 in the 2013 American Community Survey. The question was asked at owner-occupied mobile homes.
These data include the total yearly costs for personal property taxes, land or site rent, registration fees, and license fees on all owner-occupied mobile homes. The instructions are to exclude real estate taxes already reported in Question 20 in the 2013 American Community Survey.

Costs are estimated as closely as possible when exact costs are not known. Amounts are the total for an entire 12-month billing period, even if they are paid by someone outside the household or remain unpaid.

The data from this question are added to payments for mortgages; real estate taxes; fire, hazard, and flood insurance payments; utilities; and fuels to derive "Selected Monthly Owner Costs" and "Selected Monthly Owner Costs as a Percentage of Household Income" for mobile home owners. These data provide information on the cost of home ownership and offer an excellent measure of housing affordability and excessive shelter costs.

Question/Concept History

The 1996-1998 American Community Survey questions were the same. Between 1999 and 2002, the question had a lead-in question on whether the respondent had an installment loan or a contract on the mobile home. The question then asked for total costs including any installment loan.

Comparability

Data on mobile home costs in the 2013 American Community Survey can be compared to previous ACS and Census 2000 mobile home costs data.

Excerpt from:	Social Explorer; U.S. Census Bureau; American Community Survey 2014 Summary File: Technical Documentation.
	ACS 2014-1yr Summary File: Technical Documentation -> Appendix A: Supplemental Documentation -> 2014 Subject Definitions -> Housing Variables -> Value -> Median and Quartile Value

Median and Quartile Value

The median divides the value distribution into two equal parts: one-half of the cases falling below the median value of the property (house and lot, mobile home and lot, or condominium unit) and one-half above the median. Quartiles divide the value distribution into four equal parts. Median and quartile value are computed on the basis of a standard distribution. (See the "Standard Distributions" section in Appendix A.)

Median and quartile value calculations are rounded to the nearest hundred dollars. Upper and lower quartiles can be used to note large value differences among various geographic areas. (For more information on medians and quartiles, see "Derived Measures.")