Built 1939 or Earlier - A18008_011 - Median Gross Rent by Year Structure Built - 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:

A18008. Median Gross Rent by Year Structure Built [11]

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

Variable Details

A18008.

Median Gross Rent by Year Structure Built

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

A18008_001Median Gross Rent:

A18008_011 Built 1939 or Earlier

Percent base:

None - percentages not computed

Aggregation method:

None -- No totals are displayed for this variable when multiple geographies are selected

Formula used to compute this variable:

#ReturnType oretval = new #ReturnType(); oretval = ACS23:B25111011; return oretval;

Variables used in the formula:
ACS23:B25111011	Median Gross Rent -- Total: Built 1939 Or Earlier

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 -> 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.")