Median Gross Rent - T046_001 - Median Gross Rent - Social Explorer Tables (SE) - Survey ACS 2018 Supplemental Estimates

Data Dictionary:

ACS 2018 Supplemental Estimates

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Survey: ACS 2018 Supplemental Estimates

Data Source:

Social Explorer; U.S. Census Bureau

Data set: Social Explorer Tables (SE)

Table:

T46. Median Gross Rent [1]

Universe: Median Gross Rent

Variable Details

T46.

Median Gross Rent

Universe: Median Gross Rent

T046_001Median Gross Rent

Percent base:

None - percentages not computed

Aggregation method:

Median, using bracket table: K202507, interpolation method: Linear

Formula used to compute this variable:

#ReturnType oretval = new #ReturnType(); oretval = ORG:K202511001; return oretval;

Variables used in the formula:
ORG:K202511001	Median Gross Rent

Relevant Documentation:

Excerpt from:	Social Explorer; U.S. Census Bureau; 2018 ACS 1-year and 2014-2018 ACS 5-year Data Releases : Technical Documentation.
	2018 ACS 1-year and 2014-2018 ACS 5-year Data Releases: Technical Documentation -> Subject Definitions -> Housing Variables -> Gross Rent -> Median Gross Rent

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 "Median Standard Distributions" section in Appendix A.) Median gross rent is rounded to the nearest whole dollar. The median gross rent explanation is comparable to the description used for Median and Quartile Contract Rent. (For more information on medians, see "Derived Measures.")