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Data Dictionary: ACS 2023 (1-Year Estimates)
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Data Source: Social Explorer; U.S. Census Bureau
Universe: Universe: Renter-occupied housing units paying cash rent
Variable Details
A18008. Median Gross Rent by Year Structure Built
Universe: Universe: Renter-occupied housing units paying cash rent
A18008_009 Built 1950 to 1959
Percent base:
None - percentages not computed
Aggregation method:
None -- No totals are displayed for this variable when multiple geographies are selected
Formula used to compute this variable:
#ReturnType oretval = new #ReturnType(); oretval = ACS23:B25111009; return oretval;
Variables used in the formula:
ACS23:B25111009
Median Gross Rent -- Total: Built 1950 To 1959
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; 2023 ACS 1-year and 2019-2023 ACS 5-year Data Releases : Technical Documentation.
  2023 ACS 1-year and 2019-2023 ACS 5-year Data Releases: Technical Documentation -> 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 "Median Standard Distributions" section in Appendix A.) Median gross rent is rounded to the nearest whole dollar. The median gross rent explanation is comparable to the description used for Median and Quartile Contract Rent. (For more information on medians, see "Derived Measures.")