Data Dictionary: ACS 2008 -- 2010 (3-Year Estimates)
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Data Source: U.S. Census Bureau
Universe: Renter-occupied housing units paying cash rent
Variable Details
B25057. Lower Contract Rent Quartile (Dollars)
Universe: Renter-occupied housing units paying cash rent
B25057001Lower Contract Rent Quartile
Percent base:
None - percentages not computed (variable is table universe)
Aggregation method:
Addition
Relevant Documentation:
Median and Quartile Contract Rent
The median divides the rent distribution into two equal parts: one-half of the cases falling below the median contract rent and one-half above the median. Quartiles divide the rent distribution into four equal parts. Median and quartile contract rent are computed on the basis of a standard distribution. (See the "Standard Distributions" section under "Appendix A.") In computing median and quartile contract rent, units reported as "No rent paid" are excluded. Median and quartile rent calculations are rounded to the nearest whole dollar. Upper and lower quartiles can be used to note large rent differences among various geographic areas. (For more information on medians and quartiles, see "Derived Measures.")