Data Dictionary: | ACS 2011 (1-Year Estimates) |
you are here:
choose a survey
survey
data set
table
variable details
Survey: ACS 2011 (1-Year Estimates)
Data Source: | U.S. Census Bureau |
Data set: American Community Survey 2011 (ACS11)
Universe: Universe: Owner-occupied housing units
Variable Details
B25076. | Lower Value Quartile (Dollars) |
Universe: Universe: Owner-occupied housing units | |
B25076001Lower Value Quartile (Dollars)
Percent base:
None - percentages not computed (variable is table universe)
Aggregation method:
Addition
|
Relevant Documentation:
Excerpt from: | Social Explorer; U.S. Census Bureau; American Community Survey 2011 Summary File: Technical Documentation. |
ACS 2011-1yr Summary File: Technical Documentation -> Appendix A. Supplemental Documentation -> Subject Definitions -> Housing Variables -> Value -> Median and Quartile Value |
The median divides the value distribution into two equal parts: one-half of the cases falling below the median value of the property (house and lot, mobile home and lot, or condominium unit) and one-half above the median. Quartiles divide the value distribution into four equal parts. Median and quartile value are computed on the basis of a standard distribution. (See the "Standard Distributions" section under "Appendix A.") Median and quartile value calculations are rounded to the nearest hundred dollars. Upper and lower quartiles can be used to note large value differences among various geographic areas. (For more information on medians and quartiles, see "Derived Measures.")