Data Dictionary: | ACS 2011 (5-Year Estimates) |
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Survey: ACS 2011 (5-Year Estimates)
Data Source: | U.S. Census Bureau |
Table: | B25058. Median Contract Rent (Dollars) [1] |
Universe: Universe: Renter-occupied housing units paying cash rent
Table Details
B25058. | Median Contract Rent (Dollars) | ||||
Universe: Universe: Renter-occupied housing units paying cash rent | |||||
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Relevant Documentation:
Excerpt from: | Social Explorer; U.S. Census Bureau; American Community Survey 2007-2011 Summary File: Technical Documentation. |
The 2007-2011 ACS 5-Year Summary File Technical Documentation -> Appendix A. Supplemental Documentation -> Subject Definitions -> Housing Variables -> Contract Rent -> Median and Quartile Contract Rent |
The median divides the rent distribution into two equal parts: one-half of the cases falling below the median contract rent and one-half above the median. Quartiles divide the rent distribution into four equal parts. Median and quartile contract rent are computed on the basis of a standard distribution. (See the "Standard Distributions" section under "Appendix A.") In computing median and quartile contract rent, units reported as "No rent paid" are excluded. Median and quartile rent calculations are rounded to the nearest whole dollar. Upper and lower quartiles can be used to note large rent differences among various geographic areas. (For more information on medians and quartiles, see "Derived Measures.")