Median Gross Rent: - A18007_001 - Median Gross Rent by Year Householder Moved Into Unit - Social Explorer Tables: ACS 2023 (1-Year Estimates) (SE) - Survey ACS 2023 (1-Year Estimates)

Data Dictionary:

ACS 2023 (1-Year Estimates)

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Survey: ACS 2023 (1-Year Estimates)

Data Source:

Social Explorer; U.S. Census Bureau

Data set: Social Explorer Tables: ACS 2023 (1-Year Estimates) (SE)

Table:

A18007. Median Gross Rent by Year Householder Moved Into Unit [7]

Universe: Universe: Renter-occupied housing units paying cash rent

Variable Details

A18007.

Median Gross Rent by Year Householder Moved Into Unit

Universe: Universe: Renter-occupied housing units paying cash rent

A18007_001Median Gross Rent:

Percent base:

None - percentages not computed

Aggregation method:

Median, using bracket table: B25063, interpolation method: Pareto

Formula used to compute this variable:

#ReturnType oretval = new #ReturnType(); oretval = ACS23:B25113001; return oretval;

Variables used in the formula:
ACS23:B25113001	Median Gross Rent -- Total

Relevant Documentation:

Excerpt from:	Social Explorer; U.S. Census Bureau; 2023 ACS 1-year and 2019-2023 ACS 5-year Data Releases : Technical Documentation.
	2023 ACS 1-year and 2019-2023 ACS 5-year Data Releases: Technical Documentation -> Subject Definitions -> Housing Variables -> Gross Rent as a Percentage of Household Income -> Median Gross Rent as a Percentage of Household Income

Median Gross Rent as a Percentage of Household Income

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

Comparability

Data on gross rent as a percentage of household income in the 2023 ACS should not be compared to Census 2000 gross rent as a percentage of household income 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 2023 ACS is "renter occupied housing units," thus comparisons cannot be made between these two data sets.