Social Explorer Logo
Data Dictionary: ACS 2008 (3-Year Estimates)
you are here: choose a survey survey data set table variable details
Data Source: U.S. Census Bureau
Universe: Universe: Renter-occupied housing units paying cash rent
Variable Details
B25058. Median Contract Rent (Dollars)
Universe: Universe: Renter-occupied housing units paying cash rent
B25058001Median contract rent
Percent base:
None - percentages not computed
Aggregation method:
Median, using bracket table: B25056, interpolation method: Pareto
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; American Community Survey 2006-2008 Summary File: Technical Documentation.
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 "Derived Measures.") 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.)"