|Data Dictionary:||ACS 2008 (3-Year Estimates)|
|Data Source:||U.S. Census Bureau|
Universe: Universe: Occupied housing units
|Excerpt from:||Social Explorer; U.S. Census Bureau; American Community Survey 2006-2008 Summary File: Technical Documentation.|
|ACS 2008-3yr Summary File: Technical Documentation -> Appendix B: Subject Definitions -> Housing Variables -> Monthly Housing Costs|
The data for monthly housing costs are developed from a distribution of "Selected Monthly Owner Costs" for owner-occupied units and "Gross Rent" for renter-occupied units. The owner-occupied categories are further separated into those with a mortgage and those without a mortgage. See the sections on "Selected Monthly Owner Costs" and "Gross Rent" for more details.
Median Monthly Housing Costs
This measure divides the monthly housing costs distribution into two equal parts: one-half of the cases falling below the median monthly housing costs and one-half above the median. Medians are shown separately for units "with a mortgage" and for units "not mortgaged." Median monthly housing costs are computed on the basis of a standard distribution. (See the "Standard Distributions" section under "Derived Measures.") Median monthly housing costs are rounded to the nearest whole dollar.