Data Dictionary: ACS 2010 -- 2012 (3-Year Estimates)
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Data Source: Social Explorer; U.S. Census Bureau
Table: T125. Selected Monthly Owner Costs As A Percentage Of Household Income In 2012 For Housing units with a mortgage [5]
Universe: Housing units with a mortgage
Table Details
T125. Selected Monthly Owner Costs As A Percentage Of Household Income In 2012 For Housing units with a mortgage
Universe: Housing units with a mortgage
Variable Label
T125_001
T125_002
T125_003
T125_004
T125_005
Relevant Documentation:
Monthly Housing Costs as a Percentage of Household Income
The data for monthly housing costs as a percentage of household income are developed from a distribution of "Selected Monthly Owner Costs as a Percentage of Household Income" for owner-occupied and "Gross Rent as a Percentage of Household Income" for renter-occupied units. The owner-occupied categories are further separated into those with a mortgage and those without a mortgage. See sections on "Selected Monthly Owner Costs as a Percentage of Household Income" and "Gross Rent as a Percentage of Household Income" for more details on what characteristics are included in each measure and how these data are comparable to previous ACS and Census 2000 data.

Monthly housing costs as a percentage of household income provide information on the cost of monthly housing expenses for owners and renters. 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.