$500 to $799 - A10038_004 - Monthly Housing Cost (Renter-Occupied Housing Units) - Social Explorer Tables: ACS 2019 (1-Year Estimates) (SE) - Survey ACS 2019 (1-Year Estimates)

Variables used in the formula:
ACS19:B25063012	Total: With Cash Rent: $500 To $549
ACS19:B25063013	Total: With Cash Rent: $550 To $599
ACS19:B25063014	Total: With Cash Rent: $600 To $649
ACS19:B25063015	Total: With Cash Rent: $650 To $699
ACS19:B25063016	Total: With Cash Rent: $700 To $749
ACS19:B25063017	Total: With Cash Rent: $750 To $799

Relevant Documentation:

Excerpt from:	Social Explorer; U.S. Census Bureau; 2019 ACS 1-year and 2015-2019 ACS 5-year Data Releases : Technical Documentation.
	2019 ACS 1-year and 2015-2019 ACS 5-year Data Releases: Technical Documentation -> Subject Definitions -> 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.