Average Gross Rent for Renter-Occupied Housing Units - A18005_001 - Average Gross Rent - Social Explorer Tables: ACS 2008 (1-Year Estimates) (SE) - Survey ACS 2008 (1-Year Estimates)

Data Dictionary:

ACS 2008 (1-Year Estimates)

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Survey: ACS 2008 (1-Year Estimates)

Data Source:

Social Explorer; U.S. Census Bureau

Data set: Social Explorer Tables: ACS 2008 (1-Year Estimates) (SE)

Table:

A18005. Average Gross Rent [1]

Universe: Renter-occupied housing units

Variable Details

A18005.

Average Gross Rent

Universe: Renter-occupied housing units

A18005_001Average Gross Rent for Renter-Occupied Housing Units

Percent base:

None - percentages not computed

Aggregation method:

Division of Sums: variables: Sum(A18004_001) / Sum(A18002_001)

Formula used to compute this variable:

if( ACS08:B25070001 == 0) Return_Value.IsNull = true; else Return_Value = ACS08:B25065001 / ACS08:B25070001;

Variables used in the formula:
ACS08:B25070001	Renter-Occupied Housing Units
ACS08:B25065001	Renter-Occupied Housing Units Paying Cash Rent: Aggregate Gross Rent

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 -> Median Gross Rent

Median Gross Rent

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.")