Data Dictionary: ACS 2007 (1-Year Estimates)
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Data Source: Social Explorer; U.S. Census Bureau
Table: T108. Selected Monthly Owner Costs As A Percentage Of Household Income In The Past 12 Months For Housing Units without a mortgage [5]
Universe: Housing units without a mortgage
Table Details
T108. Selected Monthly Owner Costs As A Percentage Of Household Income In The Past 12 Months For Housing Units without a mortgage
Universe: Housing units without a mortgage
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; American Community Survey 2007 Summary File: Technical Documentation.
 
Selected Monthly Owner Costs as a Percentage of Household Income
The information on selected monthly owner costs as a percentage of household income is the computed ratio of selected monthly owner costs to monthly household income. The ratio was computed separately for each unit and rounded to the nearest whole percentage. The data are tabulated only for owner-occupied units.
Separate distributions are often shown for units "with a mortgage" and for units "not mortgaged." Units occupied by households reporting no income or a net loss are included in the "not computed" category. (For more information, see the discussion under "Selected Monthly Owner Costs.")
Median Selected Monthly Owner Costs as a Percentage of Household Income
This measure divides the selected monthly owner costs as a percentage of household income distribution into two equal parts: one-half of the cases falling below the median selected monthly owner costs as a percentage of household income and one-half above the median. Median selected monthly owner costs as a percentage of household income is computed on the basis of a standard distribution. (See the "Standard Distributions" section under "Derived Measures.") Median selected monthly owner costs as a percentage of household income is rounded to the nearest tenth. (For more information on medians, see "Derived Measures.")
Excerpt from: Social Explorer; U.S. Census Bureau; American Community Survey 2007 Summary File: Technical Documentation.
 
Housing Unit
A housing unit may be a house, an apartment, a mobile home, a group of rooms or a single room that is occupied (or, if vacant, intended for occupancy) as separate living quarters. Separate living quarters are those in which the occupants live separately from any other individuals in the building and which have direct access from outside the building or through a common hall. For vacant units, the criteria of separateness and direct access are applied to the intended occupants whenever possible. If that information cannot be obtained, the criteria are applied to the previous occupants.
Both occupied and vacant housing units are included in the housing unit inventory. Boats, recreational vehicles (RVs), vans, tents, railroad cars, and the like are included only if they are occupied as someone's current place of residence. Vacant mobile homes are included provided they are intended for occupancy on the site where they stand. Vacant mobile homes on dealers' sales lots, at the factory, or in storage yards are excluded from the housing inventory. Also excluded from the housing inventory are quarters being used entirely for nonresidential purposes, such as a store or an office, or quarters used for the storage of business supplies or inventory, machinery, or agricultural products.
Occupied Housing Unit
A housing unit is classified as occupied if it is the current place of residence of the person or group of people living in it at the time of interview, or if the occupants are only temporarily absent from the residence for two months or less, that is, away on vacation or a business trip. If all the people staying in the unit at the time of the interview are staying there for two months or less, the unit is considered to be temporarily occupied and classified as "vacant." The occupants may be a single family, one person living alone, two or more families living together, or any other group of related or unrelated people who share living quarters. The living quarters occupied by staff personnel within any group quarters are separate housing units if they satisfy the housing unit criteria of separateness and direct access; otherwise, they are considered group quarters.
Occupied rooms or suites of rooms in hotels, motels, and similar places are classified as housing units only when occupied by permanent residents, that is, people who consider the hotel as their current place of residence or have no current place of residence elsewhere. If any of the occupants in rooming or boarding houses, congregate housing, or continuing care facilities live separately from others in the building and have direct access, their quarters are classified as separate housing units.
Vacant Housing Unit
A housing unit is vacant if no one is living in it at the time of interview. Units occupied at the time of interview entirely by persons who are staying two months or less and who have a more permanent residence elsewhere are considered to be temporarily occupied, and are classified as "vacant."
New units not yet occupied are classified as vacant housing units if construction has reached a point where all exterior windows and doors are installed and final usable floors are in place. Vacant units are excluded from the housing inventory if they are open to the elements, that is, the roof, walls, windows, and/or doors no longer protect the interior from the elements. Also, excluded are vacant units with a sign that they are condemned or they are to be demolished.
Excerpt from: Social Explorer; U.S. Census Bureau; American Community Survey 2007 Summary File: Technical Documentation.
 
Mortgage Status
The data on mortgage status were obtained from Housing Questions 22a and 33a in the 2007 American Community Survey. The questions were asked at owner-occupied units. "Mortgage" refers to all forms of debt where the property is pledged as security for repayment of the debt, including deeds of trust; trust deeds; contracts to purchase; land contracts; junior mortgages; and home equity loans.
A mortgage is considered a first mortgage if it has prior claim over any other mortgage or if it is the only mortgage on the property. All other mortgages (second, third, etc.) are considered junior mortgages. A home equity loan is generally a junior mortgage. If no first mortgage is reported, but a junior mortgage or home equity loan is reported, then the loan is considered a first mortgage.
In most data products, the tabulations for "Selected Monthly Owner Costs" and "Selected Monthly Owner Costs as a Percentage of Household Income" usually are shown separately for units "with a mortgage" and for units "not mortgaged." The category "not mortgaged" is comprised of housing units owned free and clear of debt.
Question/Concept History
Since 1996, the American Community Survey questions have been the same.