Data Dictionary: | ACS 2008 (3-Year Estimates) |
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Survey: ACS 2008 (3-Year Estimates)
Data Source: | Social Explorer; U.S. Census Bureau |
Table: | T103. Average Gross Rent [1] |
Universe: Renter-occupied housing units
Table Details
T103. | Average Gross Rent | ||||
Universe: Renter-occupied housing units | |||||
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Relevant Documentation:
Excerpt from: | Social Explorer; U.S. Census Bureau; American Community Survey 2006-2008 Summary File: Technical Documentation. |
ACS 2008-3yr Summary File: Technical Documentation -> Appendix B: Subject Definitions -> Derived Measures -> Mean |
This measure represents an arithmetic average of a set of values. It is derived by dividing the sum (or aggregate) of a group of numerical questions by the total number of questions in that group. For example, 'mean household earnings' is obtained by dividing the aggregate of all earnings reported by individuals with earnings living in households by the total number of households with earnings. (Additional information on means and aggregates is included in the separate explanations of many population and housing variables.)
Excerpt from: | Social Explorer; U.S. Census Bureau; American Community Survey 2006-2008 Summary File: Technical Documentation. |
ACS 2008-3yr Summary File: Technical Documentation -> Appendix B: Subject Definitions -> Housing Variables -> Gross Rent |
The data on gross rent were obtained from answers to Housing Questions 11a-d and 15a in the 2008 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.
To inflate gross rent amounts from previous year's, the dollar values are inflated to the latest years 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 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 under "Derived Measures.") Median gross rent is rounded to the nearest whole dollar. (For more information on medians, see "Derived Measures.")
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.")