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Data Dictionary: ACS 2022 (1-Year Estimates)
you are here: choose a survey survey data set table variable details
Data Source: U.S. Census Bureau
Universe: Universe: Owner-occupied housing units
Variable Details
B25077. Median Value (Dollars)
Universe: Universe: Owner-occupied housing units
B25077001Median Value (Dollars)
Percent base:
None - percentages not computed
Aggregation method:
Median, using bracket table: B25075, interpolation method: Pareto
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; 2022 ACS 1-year and 2018-2022 ACS 5-year Data Releases : Technical Documentation.
  2022 ACS 1-year and 2018-2022 ACS 5-year Data Releases: Technical Documentation -> Subject Definitions -> Population Variables -> Income Type in the Past 12 Months -> Income of Households
Income of Households
This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one person, average household income is usually less than average family income. Although the household income statistics cover the past 12 months, the characteristics of individuals and the composition of households refer to the time of interview. Thus, the income of the household does not include amounts received by individuals who were members of the household during all or part of the past 12 months if these individuals no longer resided in the household at the time of interview. Similarly, income amounts reported by individuals who did not reside in the household during the past 12 months but who were members of the household at the time of interview are included. However, the composition of most households was the same during the past 12 months as at the time of interview.

Excerpt from: Social Explorer; U.S. Census Bureau; 2022 ACS 1-year and 2018-2022 ACS 5-year Data Releases : Technical Documentation.
  2022 ACS 1-year and 2018-2022 ACS 5-year Data Releases: Technical Documentation -> 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."

Gross rent as a percentage of household income provides information on the monthly housing cost expenses for renters. The information offers an excellent measure of housing affordability and excessive shelter costs. The data also serve to aid in the development of housing programs to meet the needs of people at different economic levels, and to provide assistance to agencies in determining policies on fair rent.

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 "Median Standard Distributions" section in Appendix A.) Median gross rent as a percentage of household income is rounded to the nearest tenth. (For more information on medians, see "Derived Measures.")

Comparability

Data on gross rent as a percentage of household income in the 2022 ACS should not be compared to Census 2000 gross rent as a percentage of household income data. For Census 2000, tables were not released for total renter-occupied units. The universe in Census 2000 was "specified renter-occupied housing units" whereas the universe in the 2022 ACS is "renter occupied housing units," thus comparisons cannot be made between these two data sets.