Data Dictionary: ACS 2012 (1-Year Estimates)
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Data Source: U.S. Census Bureau
Table: C25122. Household Income In The Past 12 Months (In 2012 Inflation-Adjusted Dollars) By Gross Rent [31]
Universe: Universe: Renter-occupied housing units
Table Details
C25122. Household Income In The Past 12 Months (In 2012 Inflation-Adjusted Dollars) By Gross Rent
Universe: Universe: Renter-occupied housing units
Variable Label
C25122001
C25122002
C25122003
C25122004
C25122005
C25122006
C25122007
C25122008
C25122009
C25122010
C25122011
C25122012
C25122013
C25122014
C25122015
C25122016
C25122017
C25122018
C25122019
C25122020
C25122021
C25122022
C25122023
C25122024
C25122025
C25122026
C25122027
C25122028
C25122029
C25122030
C25122031
Relevant Documentation:
Income of Households
This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one person, average household income is usually less than average family income. Although the household income statistics cover the past 12 months, the characteristics of individuals and the composition of households refer to the time of interview. Thus, the income of the household does not include amounts received by individuals who were members of the household during all or part of the past 12 months if these individuals no longer resided in the household at the time of interview. Similarly, income amounts reported by individuals who did not reside in the household during the past 12 months but who were members of the household at the time of interview are included. However, the composition of most households was the same during the past 12 months as at the time of interview.

Excerpt from: Social Explorer; U.S. Census Bureau; American Community Survey 2012 Summary File: Technical Documentation.
 
Gross Rent
The data on gross rent were obtained from answers to Housing Questions 11a-d and 15a in the 2012 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.

Gross rent provides information on the monthly housing cost expenses for renters. When the data is used in conjunction with income data, the information offers an excellent measure of housing affordability and excessive shelter costs. The data also serve to aid in the development of housing programs to meet the needs of people at different economic levels, and to provide assistance to agencies in determining policies on fair rent.

Adjusting Gross Rent for Inflation
To inflate gross rent amounts from previous years, the dollar values are inflated to the latest year's 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 in Appendix A.) 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.")

Question/Concept History

Since 1996, the American Community Survey questions have remained the same.

Comparability

Data on gross rent in the 2012 American Community Survey should not be compared to Census 2000 gross rent data. For Census 2000, tables were not released for total renter-occupied units. The universe in Census 2000 was "specified renter-occupied housing units" whereas the universe in the ACS is "renter occupied housing units," thus comparisons cannot be made between these two data sets.