Data Dictionary: | ACS 2022 (1-Year Estimates) |
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Survey: ACS 2022 (1-Year Estimates)
Data Source: | U.S. Census Bureau |
Data set: American Community Survey 2022 (ACS22)
Table: | B25081. Mortgage Status [9] |
Universe: Universe: Owner-occupied housing units
Table Details
B25081. | Mortgage Status | ||||||||||||||||||||
Universe: Universe: Owner-occupied housing units | |||||||||||||||||||||
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Relevant Documentation:
Excerpt from: | Social Explorer; U.S. Census Bureau; 2022 ACS 1-year and 2018-2022 ACS 5-year Data Releases : Technical Documentation. |
2022 ACS 1-year and 2018-2022 ACS 5-year Data Releases: Technical 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 "Median Standard Distributions" section in 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.")