Median Home Value, 1990 and 2000
1990 Source: U.S. Bureau of the
Census, 1990 Census of Housing, Summary Tape File 1A, Table H-23B.
2000 Source: U.S. Bureau of the
Census, Census 2000; Profile of Selected Housing Characteristics:
2000, Table DP-4.
http://factfinder.census.gov, Summary
File 3, Quick Tables.
Updated
every 10 years.
Definition:
Median Home Value-- The median home value or sales
price is the amount which divides the series into two equal parts, one-half of
the units with values higher than the median and the other half with values
lower than the median.
Value-- The respondent’s estimate of
how much the property (house and lot) would sell if it were for
sale.
Important Note--
This
tabulation includes only “specified owner-occupied housing units,” defined as
one-family houses on less than ten acres without a business or medical office on
the property. Excluded from this
tabulation are mobile homes, houses with a business or medical office, houses on
10 or more acres and housing units in multi-unit structures. Certain tabulations elsewhere include the
value of all owner-occupied housing units and vacant-for-sale
units.
Comparability— Median Home Value
for 2000 is not directly comparable to 1990. In Census 2000, the question on home value
was asked on a sample basis (on average, 1 in every 6 households). In 1990 and
other previous decennial censuses, the question on value was asked on a
100-percent basis.
Definitions for 2000 Census
Terms:
Definitions for 1990 Census Terms: http://www.census.gov/td/stf3/append_b.html
