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Residential Finance Survey - Detailed Regional Tables: 2001

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Residential Finance Survey: 2001 - United States
Table 4-6. Value, Rental and Vacant 1-Housing-Unit Mortgaged Properties
^Number of mortgaged properties in thousands.
For information on confidentiality protection, sampling error, nonsampling error, and definitions, see text.
For minimum base of derived figures (percent, median, etc.) and meaning of symbols, see text.
Monthly Rental Receipts, Rental Receipts as Percent of Value, Rental Vacancy Losses as Percent of Potential Receipts, and Interest and Principal Payments on Total Mortgages as Percent of Rental Receipts acquired before 2000 exclude properties with less than half of units in rental market during all of the year preceding survey and cooperatively owned apartments^^

Value
Total Less
than
$20,000		 $20,000
to
$39,999		 $40,000
to
$59,999		 $60,000
to
$79,999		 $80,000
to
$99,999		 $100,000
to
$124,999		 $125,000
to
$149,999		 $150,000
to
$174,999		 $175,000
to
$199,999		 $200,000
to
$249,999		 $250,000
to
$299,999		 $300,000
to
$499,999		 $500,000
or more		 Median
(dollars)

1-housing-unit properties with
a traditional first mortgage		 4129 120 322 510 633 542 469 284 268 196 286 147 248 106 97746

PROPERTY CHARACTERISTICS


Year Structure Built

1999 to March 2000		 138 8 0 18 0 15 7 12 17 0 27 15 3 15 161683
1997 and 1998 152 7 7 26 27 23 12 14 0 8 5 7 7 10 88603
1995 and 1996 124 10 0 9 27 9 21 0 8 13 10 14 5 0 110364
1990 to 1994 265 7 0 19 28 27 52 41 19 8 32 10 14 8 124335
1980 to 1989 554 6 13 24 90 111 78 25 46 31 50 16 44 20 110977
1970 to 1979 676 18 37 87 69 75 127 52 54 26 41 12 49 29 110329
1960 to 1969 472 14 38 38 83 66 54 37 19 33 31 19 40 0 99261
1950 to 1959 695 28 87 73 106 105 72 57 53 35 19 19 42 1 90310
1940 to 1949 415 4 66 86 75 26 34 21 13 27 11 12 30 8 73700
1939 or earlier 637 17 74 130 129 86 12 24 38 15 59 22 14 15 74920

Purchase Price

Properties acquired by
purchase 1997 to 2001 (part)		 1560 59 105 191 216 245 127 130 89 112 100 44 86 58 97189
Less than $20,000 115 59 40 16 0 0 0 0 0 0 0 0 0 0 19575
$20,000 to $39,999 226 0 65 93 48 9 7 4 0 0 0 0 0 0 50312
$40,000 to $59,999 204 0 0 82 53 58 0 12 0 0 0 0 0 0 67811
$60,000 to $79,999 228 0 0 0 108 79 32 0 4 0 0 0 4 0 81393
$80,000 to $99,999 163 0 0 0 7 99 42 9 0 0 0 0 6 0 95058
$100,000 to $124,999 125 0 0 0 0 0 45 47 0 19 7 0 6 0 134103
$125,000 to $149,999 169 0 0 0 0 0 0 58 66 28 12 6 0 0 160176
$150,000 to $174,999 48 0 0 0 0 0 0 0 19 23 0 6 0 0 180758
$175,000 to $199,999 96 0 0 0 0 0 0 0 0 36 26 21 13 0 223715
$200,000 to $249,999 88 0 0 0 0 0 0 0 0 0 56 5 19 8 239461
$250,000 to $299,999 44 0 0 0 0 0 0 0 0 6 0 5 25 7 382583
$300,000 to $499,999 27 0 0 0 0 0 0 0 0 0 0 0 12 15 86945118
$500,000 or more 27 0 0 0 0 0 0 0 0 0 0 0 0 27 500250000
Median 80933 10000 23892 37033 61365 74126 91221 121106 140196 159615 205039 185829 236586 478740 ...
Mean 106508 11144 22568 37057 56146 71129 89132 113257 133984 160950 187705 188751 223406 422668 243574
Other properties 2569 62 217 319 417 297 342 153 179 84 185 103 163 48 98205

Monthly Rental Receipts

Acquired before 2000		 3528 102 269 467 539 462 414 215 231 170 244 127 214 74 96777
Less than $100 86 34 12 28 0 7 4 0 0 0 0 0 0 0 34407
$100 to $199 112 23 32 21 0 20 5 5 0 0 0 0 7 0 41357
$200 to $299 122 5 75 17 25 0 0 0 0 0 0 0 0 0 34835
$300 to $399 295 15 92 97 22 26 14 8 9 6 0 0 0 7 48407
$400 to $499 364 6 18 155 110 32 12 13 9 7 0 0 0 0 60412
$500 to $599 365 0 10 71 138 64 23 11 16 8 19 6 0 0 74713
$600 to $799 624 0 10 35 183 190 108 50 10 12 13 8 6 0 88959
$800 to $999 360 0 0 0 8 75 143 36 23 11 28 20 16 0 116928
$1000 or more 928 7 0 8 21 16 91 75 140 109 146 85 164 66 199386
No rental receipts 272 12 20 34 33 33 13 17 25 17 38 9 21 1 108978
Median 691 147 306 434 570 669 847 868 2611418 2985645 2942203 2998310 4140787 4502249 ...
Mean 1708 235 278 495 561 990 779 832 12634 1074 1146 1519 1894 6156 170038
Acquired 2000 and 2001 (part) 602 19 53 43 94 79 55 69 37 26 42 19 35 32 106081

Rental Receipts as Percent of Value@8

Acquired before 2000		 3528 102 269 467 539 462 414 215 231 170 244 127 214 74 96777
Less than 5 percent 304 0 0 16 12 41 19 26 34 21 32 34 51 19 180557
5 to 9 percent 1161 0 33 88 193 189 186 112 54 82 91 64 70 0 110457
10 to 14 percent 1489 23 141 258 280 173 191 48 106 51 83 20 70 45 84905
15 to 19 percent 98 0 37 35 7 8 0 12 0 0 0 0 0 0 47165
20 to 24 percent 49 5 24 0 8 6 0 0 0 0 0 0 2 3 35832
25 to 29 percent 23 21 2 0 0 0 0 0 0 0 0 0 0 0 11115
30 to 39 percent 5 0 0 0 0 0 0 0 0 0 0 0 0 5 500250000
40 percent or more 41 7 0 8 6 6 0 0 13 0 0 1 0 0 76981
Median 10 25 13 12 11 10 10 8 11 8 9 7 8 12 ...
Acquired 2000 and 2001 (part) 602 19 53 43 94 79 55 69 37 26 42 19 35 32 106081

Rental Vacancy Losses as Percent of
Potential Receipts

Acquired before 2000		 3528 102 269 467 539 462 414 215 231 170 244 127 214 74 96777
Less than 1.0 percent 1291 11 88 162 237 199 203 81 51 45 70 57 76 10 94733
1.0 to 2.9 percent 12 0 0 0 0 0 0 0 0 0 0 7 0 5 292918
3.0 to 4.9 percent 15 0 0 0 0 2 4 5 0 0 0 0 0 3 130367
5.0 to 6.9 percent 24 0 0 7 0 7 0 0 4 0 6 0 0 0 94078
7.0 to 8.9 percent 96 6 0 0 6 21 26 10 7 0 5 8 7 0 113605
9.0 to 10.9 percent 26 0 0 0 7 0 0 0 0 0 10 8 0 0 225773
11.0 to 12.9 percent 34 0 0 0 15 0 0 9 0 6 0 0 4 0 130815
13.0 to 14.9 percent 25 0 0 1 7 0 12 0 0 5 0 0 0 0 108503
15.0 percent or more 282 7 51 81 44 39 12 7 3 6 17 0 15 0 60450
Not reported or not computed 1723 78 129 215 222 193 156 103 166 109 137 48 113 55 103973
Median 0.7 7.4 0.8 0.8 0.7 0.7 0.6 0.7 0.6 0.7 0.8 0.7 0.7 0.9 ...
Acquired 2000 and 2001 (part) 602 19 53 43 94 79 55 69 37 26 42 19 35 32 106081

Age Restrictions

Property restricted to people
age 55 or older		 403 5 20 33 64 20 97 35 53 5 26 5 18 20 115105
Property not restricted to people
age 55 or older		 3559 116 296 462 538 502 354 229 201 176 250 125 224 86 94635
Not reported 168 0 5 14 30 19 19 19 13 15 10 17 6 0 120338

OWNER CHARACTERISTICS


Type of Owner

Individual investor(s)		 3491 99 264 449 524 477 410 209 236 164 233 120 207 98 97169
Limited partnership 236 16 11 14 30 30 32 7 16 18 22 10 30 0 113740
Joint venture 30 0 0 0 13 0 0 12 5 0 0 0 0 0 129509
General partnership 50 0 6 0 15 0 0 12 0 6 6 0 4 0 133379
Life insurance company 14 0 0 0 0 6 0 3 0 0 5 0 0 0 131167
Depository institution 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Public real estate investment trust 11 0 7 0 0 0 0 4 0 0 0 0 0 0 36311
Private real estate investment trust 5 0 0 5 0 0 0 0 0 0 0 0 0 0 50000
Corporation - other than real estate
investment trust		 177 6 10 31 43 20 21 14 4 8 14 6 0 0 79248
Housing cooperative organization 5 0 0 5 0 0 0 0 0 0 0 0 0 0 50000
Non-profit or church-related institution 54 0 11 6 8 8 7 0 6 0 0 7 0 0 84280
Pension fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Fraternal organization 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 57 0 13 0 0 0 0 22 0 0 5 3 7 8 143018

MORTGAGE CHARACTERISTICS


Number of Mortgages

1 mortgage		 3696 114 273 472 565 511 397 269 236 182 250 134 221 74 96619
2 mortgages 369 7 41 38 64 31 55 15 24 6 36 13 19 22 102323
3 or more mortgages 64 0 8 0 4 0 17 0 9 9 0 0 8 10 158249

Total Outstanding Debt as a Percent
of Value

Less than 20 percent		 260 13 11 27 20 52 27 18 6 0 7 32 18 29 106281
20 to 29 percent 276 0 10 26 34 34 33 18 13 16 23 13 52 5 127907
30 to 39 percent 314 13 15 15 52 30 26 38 17 27 33 0 36 15 129953
40 to 49 percent 526 0 31 40 87 38 52 18 58 21 70 35 50 25 144818
50 to 59 percent 758 6 56 77 96 151 73 44 42 48 49 49 58 8 99021
60 to 69 percent 416 10 33 66 71 41 57 48 38 13 25 7 0 6 93711
70 to 79 percent 621 9 57 91 86 108 88 64 27 42 34 5 7 2 92417
80 to 89 percent 387 5 24 67 68 52 54 12 49 16 22 0 18 0 91544
90 to 99 percent 211 21 31 23 30 22 18 22 13 0 17 5 0 8 80390
100 percent or more 269 38 47 48 75 6 25 0 5 8 0 0 9 8 60437
Not reported or not computed 90 7 7 30 13 7 14 0 0 6 5 0 0 0 61960
Median 58 91 70 68 63 57 63 61 60 57 51 48 44 42 ...

MORTGAGE PAYMENTS AND OTHER EXPENSES


Monthly Interest and Principal Payments
on Total Mortgages

Regular monthly payments of
interest and/or principal 		3889 115 305 466 554 515 462 277 262 174 272 139 241 106 99589
Less than $100 107 12 0 9 12 11 16 12 6 8 14 0 7 0 114866
$100 to $199 195 37 65 35 30 19 0 0 0 0 0 1 0 8 38596
$200 to $299 428 32 127 100 71 48 19 17 0 0 0 14 0 0 50956
$300 to $399 486 4 85 133 101 103 43 11 0 6 0 0 0 0 64046
$400 to $499 476 7 8 69 130 126 53 33 14 6 20 0 7 4 83863
$500 to $599 381 0 6 48 96 79 44 36 20 6 25 0 16 5 90433
$600 to $699 302 0 0 13 42 51 104 31 27 6 25 0 0 5 111117
$700 to $799 269 7 0 5 12 35 68 38 46 32 10 5 10 0 129977
$800 to $899 189 0 0 0 7 29 29 19 40 21 21 19 6 0 157254
$900 to $999 178 7 0 6 0 6 22 18 20 41 22 26 9 0 180582
$1,000 to $1,249 340 0 3 13 6 0 27 50 62 33 76 31 38 0 181563
$1,250 to $1,499 199 0 0 8 27 8 7 7 7 15 30 26 58 7 234349
$1,500 or more 340 9 12 28 22 0 30 6 20 0 29 19 91 76 292167
Median 567 226 269 367 450 461 653 696 844 906 997 1046 1372 3055432 ...
Mean 1429 412 317 500 541 490 747 3318 882 866 1187 1127 1654 19859 197248349
No regular monthly payments
required		 240 6 16 44 78 27 7 6 6 22 13 7 7 0 74013

Interest and Principal Payment on Total
Mortgages as Percent of Rental Receipts

Acquired before 2000 and regular
payments of interest and/or
principal 		3323 96 252 428 481 435 407 215 225 148 234 120 208 74 98559
Less than 20 percent 132 0 0 12 18 17 16 4 19 8 9 1 9 19 140362
20 to 29 percent 104 6 0 0 22 22 0 12 0 0 20 14 7 3 131149
30 to 39 percent 151 0 18 7 16 11 19 3 7 11 0 6 28 25 155696
40 to 49 percent 301 6 6 26 33 49 55 44 13 18 10 0 36 4 113763
50 to 59 percent 278 0 31 39 58 27 40 0 36 22 17 0 7 0 88199
60 to 69 percent 350 7 11 23 46 73 67 11 32 9 41 19 13 0 105920
70 to 79 percent 258 0 28 30 50 31 39 32 5 6 6 6 24 0 93693
80 to 89 percent 286 0 43 56 29 33 31 29 26 10 16 7 6 0 88551
90 to 99 percent 235 0 6 43 28 54 12 7 27 8 21 13 16 0 94964
100 percent or more 882 37 78 129 149 77 110 56 35 46 55 45 42 23 92189
Not reported or not computed 345 40 32 62 33 40 17 17 25 9 38 9 21 1 82570
Median 77 24224 84 88 76 70 70 78 68 71 70 92 65 36 ...
Other properties 807 24 69 82 152 106 63 69 43 48 52 27 41 32 94420

Real Estate Tax

Acquired before 2000		 3528 102 269 467 539 462 414 215 231 170 244 127 214 74 96777
Less than $100 130 41 7 18 11 12 7 0 0 18 0 6 8 1 58625
$100 to $199 65 13 29 23 0 0 0 0 0 0 0 0 0 0 33612
$200 to $299 77 14 41 6 7 9 0 0 0 0 0 0 0 0 31603
$300 to $399 201 0 33 126 21 22 0 0 0 0 0 0 0 0 50739
$400 to $499 210 13 39 59 89 0 0 6 4 0 0 0 0 0 58016
$500 to $599 216 15 23 21 91 39 21 0 0 6 0 0 0 0 70659
$600 to $699 195 0 32 43 43 46 21 0 3 0 0 0 8 0 70826
$700 to $799 164 0 26 20 31 55 5 6 4 6 10 0 0 0 81677
$800 to $899 257 5 22 10 47 56 79 6 0 7 20 0 6 0 96271
$900 to $999 115 0 6 21 18 7 49 0 0 6 0 0 8 0 102846
$1,000 to $1,249 468 0 5 42 76 95 60 80 45 19 17 17 0 12 106677
$1,250 to $1,499 237 0 0 25 33 14 36 16 61 10 23 7 13 0 143032
$1,500 to $1,999 433 0 0 35 26 46 61 74 35 43 56 29 28 0 141235
$2,000 to $2,499 271 0 6 0 39 49 27 22 0 23 38 33 36 1 143257
$2,500 or more 449 0 0 0 0 13 42 4 80 32 75 36 107 60 235366
Not reported 40 0 0 19 9 0 7 0 0 0 5 0 0 0 62836
Median 1061 177 462 487 712 887 1091 1390 1497 1650 1944 2075 2496 38655595 ...
Mean 1391 249 504 649 864 1077 1334 1427 2018 1628 2109 2394 2770 6139 243415
Acquired 2000 and 2001 (part) 602 19 53 43 94 79 55 69 37 26 42 19 35 32 106081

Real Estate Tax Per $1,000 Value

Acquired before 2000		 3528 102 269 467 539 462 414 215 231 170 244 127 214 74 96777
Less than $5 297 12 12 35 25 36 13 6 7 38 30 18 49 17 177246
$5 to $9 1545 41 72 183 229 175 188 96 126 68 119 82 128 38 109649
$10 to $14 646 0 30 67 110 122 90 81 18 33 62 12 15 7 99027
$15 to $19 415 0 45 48 82 48 56 27 42 24 17 8 16 3 93630
$20 to $24 217 8 36 52 28 26 22 4 17 8 9 0 0 5 68765
$25 to $29 143 15 25 8 40 23 15 0 8 0 3 0 5 0 71455
$30 to $39 214 20 43 56 16 32 22 0 14 0 0 8 0 3 55826
$40 to $49 5 5 0 0 0 0 0 0 0 0 0 0 0 0 10001
$50 to $59 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
$60 or more 6 0 6 0 0 0 0 0 0 0 0 0 0 0 30000
Not reported or not computed 40 0 0 19 9 0 7 0 0 0 5 0 0 0 62836
Median 10 10 17 10 11 11 10 10 9 8 9 8 7 8 ...
Acquired 2000 and 2001 (part) 602 19 53 43 94 79 55 69 37 26 42 19 35 32 106081
@8May not add to total because not reported and not calculated are not included.


Go to Residential Finance Survey: 2001 Detailed Regional Tables
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Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: December 07, 2005