Data Dictionary: ACS 2008 (1-Year Estimates)
you are here: choose a survey survey data set table details
Data Source: U.S. Census Bureau
Table: B25102. Mortgage Status By Real Estate Taxes Paid [11]
Universe: Owner-occupied housing units
Table Details
B25102. Mortgage Status By Real Estate Taxes Paid
Universe: Owner-occupied housing units
Variable Label
B25102001
B25102002
B25102003
B25102004
B25102005
B25102006
B25102007
B25102008
B25102009
B25102010
B25102011
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; American Community Survey 2008 Summary File: Technical Documentation.
 
Mortgage Status
The data on mortgage status were obtained from Housing Questions 19a and 20a in the 2008 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.
Excerpt from: Social Explorer; U.S. Census Bureau; American Community Survey 2008 Summary File: Technical Documentation.
 
Real Estate Taxes
The data on real estate taxes were obtained from Housing Question 17 in the 2008 American Community Survey. The question was asked at owner-occupied units. The statistics from this question refer to the total amount of all real estate taxes on the entire property (land and buildings) payable to all taxing jurisdictions, including special assessments, school taxes, county taxes, and so forth.
Real estate taxes include state, local, and all other real estate taxes even if delinquent, unpaid, or paid by someone who is not a member of the household. However, taxes due from prior years are not included. If taxes are paid on other than a yearly basis, the payments are converted to a yearly basis.

The payment for real estate taxes is added to payments for fire, hazard, and flood insurance; utilities and fuels; and mortgages (both first and second mortgages, home equity loans, and other junior mortgages) to derive "Selected Monthly Owner Costs" and "Selected Monthly Owner Costs as a Percentage of Household Income." A separate question (Question 19c in the 2008 American Community Survey) determines whether real estate taxes are included in the mortgage payment to the lender(s). This makes it possible to avoid counting taxes twice in the computations.
Question/Concept History
Since 1996, the American Community Survey questions have been the same.