Median Gross Rent - A18009_001 - Median 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:

A18009. Median Gross Rent [1]

Universe: Renter-occupied housing units paying cash rent

Variable Details

A18009.

Median Gross Rent

Universe: Renter-occupied housing units paying cash rent

A18009_001Median Gross Rent

Percent base:

None - percentages not computed

Aggregation method:

Median, using bracket table: B25063, interpolation method: Pareto

Formula used to compute this variable:

Return_Value = ACS08:B25064001

Variables used in the formula:
ACS08:B25064001	Renter-Occupied Housing Units Paying Cash Rent: Median 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.")