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Data Dictionary: ACS 2008 (1-Year Estimates)
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Data Source: Social Explorer; U.S. Census Bureau
Universe: Renter-occupied housing units
Variable Details
A18002. Gross Rent as a Percentage of Household Income in the Past 12 Months
Universe: Renter-occupied housing units
A18002_002 Less than 10 Percent
Percent base:
Renter-Occupied Housing Units: (SE:A18002_001)
Aggregation method:
Addition
Formula used to compute this variable:
Return_Value = ACS08:B25070002
Variables used in the formula:
ACS08:B25070002
Renter-Occupied Housing Units: Less than 10.0 Percent
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; American Community Survey 2008 Summary File: Technical Documentation.
  ACS 2008-1yr Summary File: Technical Documentation -> Appendix B. Subject Definitions -> Housing Variables -> Gross Rent as a Percentage of Household Income
Gross Rent as a Percentage of Household Income
Gross rent as a percentage of household income is a computed ratio of monthly gross rent to monthly household income (total household income divided by 12). The ratio is computed separately for each unit and is rounded to the nearest tenth. Units for which no rent is paid and units occupied by households that reported no income or a net loss comprise the category, "Not computed."
Median Gross Rent as a Percentage of Household Income
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This measure divides the gross rent as a percentage of household income distribution into two equal parts: one-half of the cases falling below the median gross rent as a percentage of household income and one-half above the median. Median gross rent as a percentage of household income is computed on the basis of a standard distribution. (See the "Standard Distributions" section under "Derived Measures.") Median gross rent as a percentage of household income is rounded to the nearest tenth. (For more information on medians, see "Derived Measures.")