|Data Dictionary:||ACS 2008 (3-Year Estimates)|
|Data Source:||Social Explorer; U.S. Census Bureau|
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 as a Percentage of Household Income|
Gross rent as a percentage of household income is a computed ratio of monthly gross rent to monthly household income (total household income divided by 12). The ratio is computed separately for each unit and is rounded to the nearest tenth. Units for which no rent is paid and units occupied by households that reported no income or a net loss comprise the category, "Not computed."
Median Gross Rent as a Percentage of Household Income
This measure divides the gross rent as a percentage of household income distribution into two equal parts: one-half of the cases falling below the median gross rent as a percentage of household income and one-half above the median. Median gross rent as a percentage of household income is computed on the basis of a standard distribution. (See the "Standard Distributions" section under "Derived Measures.") Median gross rent as a percentage of household income is rounded to the nearest tenth. (For more information on medians, see "Derived Measures.")