|Data Dictionary:||ACS 2006 -- 2008 (3-Year Estimates)|
|Data Source:||U.S. Census Bureau|
Universe: Universe: Renter-occupied housing units
|Universe: Universe: Renter-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 -> Gross Rent|
The data on gross rent were obtained from answers to Housing Questions 11a-d and 15a in the 2008 American Community Survey. Gross rent is the contract rent plus the estimated average monthly cost of utilities (electricity, gas, and water and sewer) and fuels (oil, coal, kerosene, wood, etc.) if these are paid by the renter (or paid for the renter by someone else). Gross rent is intended to eliminate differentials that result from varying practices with respect to the inclusion of utilities and fuels as part of the rental payment. The estimated costs of water and sewer, and fuels are reported on a 12-month basis but are converted to monthly figures for the tabulations. Renter units occupied without payment of rent are shown separately as "No rent paid" in the tabulations.
Adjusting Gross Rent for Inflation
To inflate gross rent amounts from previous year's, the dollar values are inflated to the latest years dollar values by multiplying by a factor equal to the average annual Consumer Price Index (CPI-U-RS) factor for the current year, divided by the average annual CPI-U-RS factor for the earlier/earliest year.
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 "Standard Distributions" section under "Derived Measures.") Median gross rent is rounded to the nearest whole dollar. (For more information on medians, see "Derived Measures.")
Aggregate Gross Rent
Aggregate gross rent is calculated by adding together all the gross rents for all specified housing units in an area. Aggregate gross rent is rounded to the nearest hundred dollars. (For more information, see "Aggregate" under "Derived Measures.")
Since 1996, the American Community Survey questions have remained the same.