Data Dictionary: ACS 2007 (1-Year Estimates)
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Data Source: U.S. Census Bureau
Table: B25107. Median Value By Year Structure Built [10]
Universe: Owner-occupied housing units
Table Details
B25107. Median Value By Year Structure Built
Universe: Owner-occupied housing units
Variable Label
B25107001
B25107002
B25107003
B25107004
B25107005
B25107006
B25107007
B25107008
B25107009
B25107010
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; American Community Survey 2007 Summary File: Technical Documentation.
 
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 under "Derived Measures.") 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.")
Excerpt from: Social Explorer; U.S. Census Bureau; American Community Survey 2007 Summary File: Technical Documentation.
 
Year Structure Built
The data on year structure built were obtained from Housing Question 2 in the 2007 American Community Survey. The question was asked at both occupied and vacant housing units. Year structure built refers to when the building was first constructed, not when it was remodeled, added to, or converted. Housing units under construction are included as vacant housing if they meet the housing unit definition, that is, all exterior windows, doors, and final usable floors are in place. For mobile homes, houseboats, RVs, etc., the manufacturer's model year was assumed to be the year built. The data relate to the number of units built during the specified periods that were still in existence at the time of interview.
Median Year Structure Built
Median year structure built divides the distribution into two equal parts: one-half of the cases falling below the median year structure built and one-half above the median. Median year structure built is computed on the basis of a standard distribution (See the "Standard Distributions" section under "Derived Measures.") The median is rounded to the nearest calendar year. Median age of housing can be obtained by subtracting median year structure built from survey year. For example, if the median year structure built is 1968, the median age of housing in that area is 40 years (2007 minus 1968). (For more information on medians, see "Derived Measures.")
Limitation of the Data
Data on year structure built are more susceptible to errors of response and non-reporting than data for many other questions because respondents must rely on their memory or on estimates by people who have lived in the neighborhood a long time.
Question/Concept History
The 1996-1998 American Community Survey question provided a write-in space for the respondent to enter a year the structure was built. From 1999-2007 the question provided 9 pre-coded response categories, which showed ranges of years, and from 2003-2007 the response categories were updated to provide detail for recently built structures. Starting in 2007, the response category 2000 or later and the instruction Specify year with a write-in box replaced the two categories 2000 to 2004 and 2005 or later.