Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 2-14. Household Income, 1-Unit Homeowner Nonmortgaged Properties
^Number of nonmortgaged properties in thousands. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see text.
For minimum base for derived figures (percent, median, etc.) and meaning of symbols, see text^^

		Income
	Total	Less than $10,000	$10,000 to $19,999	$20,000 to $29,999	$30,000 to $39,999	$40,000 to $49,999	$50,000 to $59,999	$60,000 to $79,999	$80,000 to $99,999	$100,000 or more	Median (dollars)
1-housing-unit nonmortgaged properties	18992	3676	2864	2767	2319	1774	1278	1649	873	1792	30816
PROPERTY CHARACTERISTICS Source of Downpayment@1 Properties purchased 1995 to 2001 (part)	2788	542	303	389	383	196	204	284	116	372	34182
Sale of previous home	1150	141	141	178	178	85	128	135	39	125	36485
Sale of other real property or other investments	218	44	17	16	16	12	21	27	11	54	51962
Savings	1069	206	93	106	137	73	75	122	37	219	39434
Borrowing from a retirement plan	31	3	7	0	10	6	0	1	0	4	35477
Borrowing using assets other than this property as collateral	49	0	4	10	4	9	5	4	5	9	48288
Proceeds from an insurance policy	33	10	6	5	9	3	0	0	0	0	22502
Payments in a lease-purchase agreement	34	4	4	0	10	4	0	4	5	3	38756
From a state or local government source	12	9	0	4	0	0	0	0	0	0	-275114
From a non-profit organization	0	0	0	0	0	0	0	0	0	0	0
From parents or relatives	122	21	8	19	13	15	0	25	11	11	40279
Other	12	3	0	0	0	0	4	0	0	4	56240
No downpayment required	334	111	42	66	38	13	8	8	17	32	22277
Not reported	158	36	13	28	23	22	8	10	10	9	30885
Other properties	16112	3107	2550	2370	1930	1574	1070	1351	752	1406	30147
Not reported	92	26	11	8	5	4	3	14	5	15	31167
Year Property Acquired 1999 to 2001 (part)	1568	338	173	264	185	126	71	168	60	182	30442
1997 and 1998	1051	220	143	155	122	86	66	102	52	106	30614
1995 and 1996	980	214	119	131	157	37	91	66	28	135	31588
1990 to 1994	1854	325	292	272	207	210	92	165	90	201	31833
1985 to 1989	1846	315	191	206	255	197	170	178	105	228	38253
1980 to 1984	1528	218	163	218	216	164	113	155	114	166	37593
1975 to 1979	1986	349	261	273	205	185	126	212	125	251	35385
1970 to 1974	1950	420	269	282	156	211	166	203	109	133	30204
1969 or earlier	6230	1275	1252	965	817	558	383	401	191	388	26092
Value-Income Ratio Less than 1.0	2254	36	212	236	252	232	202	316	162	606	57868
1.0 to 1.4	1930	30	172	175	235	264	134	357	191	373	56661
1.5 to 1.9	1965	38	180	256	281	268	265	226	147	304	48507
2.0 to 2.4	1725	62	217	215	343	240	146	218	128	156	41085
2.5 to 2.9	1369	29	154	295	233	190	116	120	82	151	38886
3.0 to 3.4	1083	50	186	243	161	143	126	82	51	42	33886
3.5 to 3.9	761	42	108	194	111	95	45	102	47	15	33195
4.0 or more	5614	1098	1634	1154	702	343	245	228	65	145	20648
Not reported or not computed	2292	2292	0	0	0	0	0	0	0	0	-495000
Median	2.7	372.4	127.3	3.4	2.6	2.3	2.1	1.8	1.8	1.4	...
OWNER CHARACTERISTICS Age of Owner Under 25	54	16	10	13	12	0	0	4	0	0	21406
25 to 34	234	35	21	47	28	35	9	17	6	35	34675
35 to 44	950	206	75	83	137	89	85	115	41	119	38108
45 to 54	2296	350	166	246	249	284	150	289	176	386	44865
55 to 64	3609	526	390	425	377	342	265	483	235	566	42523
65 to 74	4866	890	768	867	620	478	355	319	220	350	28942
75 and over	5336	1206	1256	839	675	408	302	300	136	216	22461
Not reported	1647	448	179	247	221	138	111	122	60	121	27971
Median	68	70	74	70	69	66	67	62	63	60	...
Race of Owner White alone	17161	3111	2552	2505	2114	1653	1203	1512	812	1699	31952
Black or African American alone	1395	506	256	182	155	77	44	86	48	42	17491
American Indian or Alaska Native alone	98	26	12	40	3	5	0	8	0	4	22801
Asian alone	246	23	34	12	37	24	27	40	14	36	47243
Native Hawaiian or Other Pacific Islander alone	15	0	0	7	4	5	0	0	0	0	32356
Two or more races	77	11	10	22	6	11	4	3	0	11	28328
Sex of Owner Male/Male and female co-owners	12736	2069	1430	1759	1609	1329	1005	1292	744	1499	36901
Female	6256	1607	1434	1008	710	445	273	357	129	293	20863
Hispanic/Latino Origin Hispanic/Latino owner(s) only	1093	301	218	140	149	70	80	85	22	27	21961
No Hispanic/Latino owner(s)	17899	3374	2646	2626	2169	1704	1198	1564	851	1765	31392
Veteran Status@1 Veteran	6300	845	766	925	840	674	574	669	361	646	37307
Active member of Reserves or National Guard for at least 6 years	623	76	55	42	68	68	45	109	45	117	50781
Persian Gulf War or after (August 1990 to present)	58	28	0	7	6	16	0	0	2	0	21712
Vietnam or after (August 1964 to July 1990)	1329	156	91	153	150	140	131	200	102	206	48211
Korean conflict or after (July 1950 to July 1964)	2378	269	215	357	389	304	245	247	156	194	38911
World War II or after (September 1940 to June 1950)	2837	420	450	467	413	298	242	193	128	226	31961
Nonveteran	10983	2447	1893	1581	1259	943	567	848	441	1003	27278
Not reported	1709	384	205	261	219	157	137	132	71	144	30249
Owned Home Previously Previously owned home	10176	1647	1385	1445	1275	965	747	912	512	1288	34792
Never owned home before	7462	1701	1321	1118	868	700	398	645	313	398	26346
Not reported	1353	328	159	204	175	109	133	92	48	107	29335
RECURRING EXPENSES Real Estate Tax Acquired before 2000	18038	3474	2771	2587	2215	1696	1223	1553	842	1678	30847
Less than $100	3873	1129	757	530	406	296	225	213	106	210	20944
$100 to $199	514	101	163	65	81	54	6	17	8	18	19584
$200 to $299	614	197	106	83	74	63	19	52	9	11	20484
$300 to $399	678	146	152	136	68	92	40	25	18	0	22993
$400 to $499	732	140	144	139	98	71	45	48	21	24	25835
$500 to $599	777	85	157	171	139	64	53	51	34	24	28587
$600 to $699	777	140	148	147	141	66	36	50	23	26	26864
$700 to $799	724	96	137	128	115	56	38	62	42	49	30002
$800 to $899	705	138	167	91	82	79	50	44	14	39	25163
$900 to $999	510	76	88	73	39	92	23	64	22	33	34819
$1,000 to $1,249	1382	249	177	199	179	150	114	125	86	103	33718
$1,250 to $1,499	837	120	121	163	116	72	59	92	24	68	31226
$1,500 to $1,999	1423	155	101	227	239	175	159	156	83	128	39561
$2,000 to $2,499	1195	139	111	156	132	160	96	153	96	153	43789
$2,500 or more	2463	220	152	191	230	173	209	340	221	727	63329
Not reported	834	343	90	87	75	31	52	58	32	66	18232
Median	788	394	511	686	754	887	1114	1239	1458	2241	...
Mean	1266	836	724	979	1090	1132	1396	1625	1881	3081	62644
Acquired 2000 and 2001 (part)	954	202	94	180	104	78	55	96	32	114	30161
Real Estate Tax as Percent of Income Acquired before 2000	18038	3474	2771	2587	2215	1696	1223	1553	842	1678	30847
Less than 1.0 percent	4651	390	850	631	580	519	340	423	271	647	37838
1.0 to 1.9 percent	2447	85	172	284	387	310	226	374	183	426	49532
2.0 to 2.9 percent	2082	103	220	401	316	247	174	253	146	220	40008
3.0 to 3.9 percent	1428	59	251	250	170	175	161	141	78	142	39011
4.0 to 4.9 percent	1137	45	179	180	207	163	103	143	39	78	37949
5.0 to 7.4 percent	1652	124	404	340	269	152	111	100	75	76	28745
7.5 to 9.9 percent	805	126	202	211	106	63	30	39	13	15	23524
10.0 percent or more	1151	348	401	203	104	36	25	21	4	8	15669
Not reported or computed	2684	2192	90	87	75	31	52	58	32	66	-381773
Median	2.3	4.1	3.4	2.8	2.3	2.0	2.1	1.9	1.7	1.4	...
Other properties	954	202	94	180	104	78	55	96	32	114	30161