Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 5-7. Value Per Housing Unit, Rental and Vacant 2- to 4-Housing-Unit 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.
Monthly Rental Receipts Per Housing Unit, Rental Receipts as Percent of Value, and Rental Vacancy Losses as Percent of Potential Receipts acquired before 2000 exclude properties with less than half of units in rental market during all of the year preceding the survey and cooperatively owned apartments^^

		Value per housing unit
	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	Not reported	Median (dollars)
2- to 4-housing-unit nonmortgaged properties	891	154	247	188	118	40	36	41	34	9	9	7	5	1	0	44734
PROPERTY CHARACTERISTICS Year Structure Built 1999 to March 2000	14	1	0	3	10	0	0	0	0	0	0	0	0	0	0	66373
1997 and 1998	9	1	5	3	0	0	0	0	0	0	0	0	0	0	0	34741
1995 and 1996	13	0	0	5	5	0	0	0	0	0	0	0	2	0	0	65008
1990 to 1994	17	2	5	2	8	0	0	0	0	0	0	0	0	0	0	59812
1980 to 1989	76	7	25	12	13	4	2	3	7	0	3	0	0	0	0	49137
1970 to 1979	130	9	36	33	36	8	6	0	0	0	0	2	0	0	0	52014
1960 to 1969	110	10	36	23	14	12	2	3	11	0	0	0	0	0	0	47880
1950 to 1959	69	15	18	14	5	3	3	9	2	0	0	0	0	0	0	42130
1940 to 1949	84	18	17	14	6	11	8	4	3	0	0	2	0	0	0	48848
1939 or earlier	371	92	104	80	21	3	17	22	11	9	6	3	3	1	0	37958
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	90	32	10	24	17	0	1	6	0	0	0	0	0	0	0	42468
Less than $20,000	32	32	0	0	0	0	0	0	0	0	0	0	0	0	0	10001
$20,000 to $39,999	17	0	10	5	2	0	0	0	0	0	0	0	0	0	0	36333
$40,000 to $59,999	19	0	0	19	0	0	0	0	0	0	0	0	0	0	0	50000
$60,000 to $79,999	19	0	0	0	16	0	0	3	0	0	0	0	0	0	0	72057
$80,000 to $99,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$100,000 to $124,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$125,000 to $149,999	4	0	0	0	0	0	1	2	0	0	0	0	0	0	0	131700
$150,000 to $174,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$175,000 to $199,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$200,000 to $249,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$250,000 to $299,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$300,000 to $499,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$500,000 or more	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Median	35678	10000	30000	47436	68875	0	137500	77461	0	0	0	0	0	0	0	...
Mean	39049	9991	29816	46678	65146	0	125000	89206	0	0	0	0	0	0	0	106258
Other properties	801	122	236	165	100	40	35	36	34	9	9	7	5	1	0	45059
Monthly Rental Receipts Per Housing Unit Acquired before 2000	847	136	244	179	106	40	35	41	34	9	9	7	5	0	0	44830
Less than $100	50	32	9	7	1	0	0	0	0	0	0	0	0	0	0	15342
$100 to $199	124	50	52	20	0	0	2	0	0	0	0	0	0	0	0	24661
$200 to $299	125	19	73	19	7	0	0	3	3	0	0	0	0	0	0	31820
$300 to $399	165	13	68	49	20	5	7	3	0	0	0	0	0	0	0	40395
$400 to $499	90	7	22	46	12	0	2	1	1	0	0	0	0	0	0	47212
$500 to $599	82	0	5	13	39	1	5	7	6	0	6	0	0	0	0	71789
$600 to $799	37	2	3	8	12	6	4	0	2	0	0	0	0	0	0	70016
$800 to $999	68	0	4	0	10	20	13	6	4	4	3	5	0	0	0	99880
$1000 or more	61	0	0	6	1	8	3	16	14	6	0	2	5	0	0	145009
No rental receipts	44	13	7	11	4	0	0	6	3	0	0	0	0	0	0	44075
Median	363	159	278	376	528	883	711	936	929	203753	580	939	500500	0	0	...
Mean	443	163	275	423	500	826	641	696	903	1760	697	1036	2151	0	0	183644
Acquired 2000 and 2001 (part)	44	18	3	10	12	0	1	0	0	0	0	0	0	1	0	42930
Rental Receipts as Percent of Value@8 Acquired before 2000	847	136	244	179	106	40	35	41	34	9	9	7	5	0	0	44830
Less than 5 percent	73	0	4	26	4	3	4	9	9	0	6	5	3	0	0	101152
5 to 9 percent	218	10	58	44	45	8	24	13	7	4	3	2	0	0	0	58677
10 to 14 percent	360	44	118	90	52	21	8	12	10	3	0	0	2	0	0	43963
15 to 19 percent	67	22	27	5	1	8	0	0	4	0	0	0	0	0	0	28276
20 to 24 percent	35	8	24	0	0	0	0	0	0	3	0	0	0	0	0	28136
25 to 29 percent	12	8	3	0	1	0	0	0	0	0	0	0	0	0	0	14898
30 to 39 percent	13	9	4	0	0	0	0	0	0	0	0	0	0	0	0	15044
40 percent or more	25	19	0	6	0	0	0	0	0	0	0	0	0	0	0	12865
Median	12	16	12	11	10	12	8	8	9	12	4	3	5	0	0	...
Acquired 2000 and 2001 (part)	44	18	3	10	12	0	1	0	0	0	0	0	0	1	0	42930
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	847	136	244	179	106	40	35	41	34	9	9	7	5	0	0	44830
Less than 1.0 percent	226	31	60	55	32	11	14	6	9	0	4	2	3	0	0	47932
1.0 to 2.9 percent	14	0	2	8	2	0	0	2	0	0	0	0	0	0	0	52796
3.0 to 4.9 percent	42	8	7	5	7	0	2	4	9	0	0	0	0	0	0	63061
5.0 to 6.9 percent	16	0	5	2	4	0	0	0	5	0	0	0	0	0	0	62974
7.0 to 8.9 percent	33	4	13	8	0	8	0	0	0	0	0	0	0	0	0	39243
9.0 to 10.9 percent	18	0	14	2	3	0	0	0	0	0	0	0	0	0	0	33677
11.0 to 12.9 percent	19	2	6	5	3	0	0	0	0	0	3	0	0	0	0	45647
13.0 to 14.9 percent	12	0	8	2	1	0	1	0	0	0	0	0	0	0	0	35503
15.0 percent or more	113	24	43	24	6	0	3	4	0	4	3	3	0	0	0	35032
Not reported or not computed	354	66	87	68	48	21	15	25	12	6	0	2	2	0	0	47018
Median	3.3	3.9	7.6	1.1	0.9	0.8	0.7	3.0	3.5	57.5	11.6	24.4	0.5	0.0	0.0	...
Acquired 2000 and 2001 (part)	44	18	3	10	12	0	1	0	0	0	0	0	0	1	0	42930
Age Restrictions Property restricted to people age 55 or older	203	28	59	50	27	8	8	6	4	3	4	5	0	1	0	45823
Property not restricted to people age 55 or older	641	119	179	127	79	29	28	32	30	7	6	2	3	0	0	43554
Not reported	47	7	9	11	12	2	0	3	0	0	0	0	2	0	0	53049
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	749	139	207	151	102	32	26	39	34	7	3	7	3	0	0	43904
Limited partnership	41	6	14	9	1	8	0	1	0	0	0	0	2	0	0	41243
Joint venture	17	1	7	0	9	0	0	0	1	0	0	0	0	0	0	63012
General partnership	17	1	4	6	0	0	6	0	0	0	0	0	0	0	0	50992
Life insurance company	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depository institution	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Public real estate investment trust	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Private real estate investment trust	2	2	0	0	0	0	0	0	0	0	0	0	0	0	0	10001
Corporation - other than real estate investment trust	43	3	14	13	6	0	4	0	0	0	3	0	0	0	0	47092
Housing cooperative organization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non-profit or church-related institution	8	1	0	3	0	0	0	1	0	3	0	0	0	0	0	59637
Pension fund	0	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	0
Other	13	2	2	5	0	0	0	0	0	0	3	0	0	1	0	51331
RECURRING EXPENSES Real Estate Tax Per Housing Unit Acquired before 2000	847	136	244	179	106	40	35	41	34	9	9	7	5	0	0	44830
Less than $100	74	32	11	23	4	0	2	2	0	0	0	0	0	0	0	29636
$100 to $199	65	47	14	4	0	0	0	0	0	0	0	0	0	0	0	13909
$200 to $299	83	22	34	20	1	2	1	0	2	0	0	0	0	0	0	31123
$300 to $399	83	17	33	26	7	0	0	0	0	0	0	0	0	0	0	34738
$400 to $499	52	9	21	11	5	2	0	1	0	0	0	3	0	0	0	35782
$500 to $599	47	0	26	6	10	0	4	0	0	0	0	0	0	0	0	37580
$600 to $699	64	0	33	23	6	0	0	0	3	0	0	0	0	0	0	39771
$700 to $799	45	0	21	14	3	3	5	0	0	0	0	0	0	0	0	42961
$800 to $899	50	0	20	13	5	3	4	0	3	0	0	2	0	0	0	47552
$900 to $999	46	0	4	4	11	9	5	10	0	0	3	0	0	0	0	88168
$1,000 to $1,249	67	0	16	16	10	0	6	1	12	0	3	0	3	0	0	62821
$1,250 to $1,499	35	0	0	8	14	5	2	3	0	3	0	0	0	0	0	72977
$1,500 to $1,999	40	0	0	5	15	4	5	7	0	4	0	0	0	0	0	79584
$2,000 to $2,499	22	0	0	0	1	8	0	3	5	0	3	2	0	0	0	143573
$2,500 or more	14	2	0	0	0	3	0	4	3	0	0	0	2	0	0	140049
Not reported	59	6	10	6	13	2	2	10	6	3	0	0	0	0	0	69723
Median	580	171	514	540	941	1289	929	1335	1125	1519	1131	834	1230	0	0	...
Mean	712	307	510	563	969	1449	956	1525	1410	1523	1467	1051	1833	0	0	158919
Acquired 2000 and 2001 (part)	44	18	3	10	12	0	1	0	0	0	0	0	0	1	0	42930
Real Estate Tax Per $1,000 Value Acquired before 2000	847	136	244	179	106	40	35	41	34	9	9	7	5	0	0	44830
Less than $5	82	12	13	29	5	2	3	4	5	0	3	5	3	0	0	51452
$5 to $9	224	33	47	54	27	4	15	14	15	7	3	2	2	0	0	51820
$10 to $14	136	23	33	31	20	12	10	3	1	0	3	0	0	0	0	47577
$15 to $19	126	11	41	26	23	5	5	8	7	0	0	0	0	0	0	48454
$20 to $24	76	15	32	14	6	8	0	0	0	0	0	0	0	0	0	34256
$25 to $29	45	8	19	4	8	3	0	4	0	0	0	0	0	0	0	35885
$30 to $39	98	26	49	14	5	3	0	0	0	0	0	0	0	0	0	29112
$40 to $49	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$50 to $59	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$60 or more	2	2	0	0	0	0	0	0	0	0	0	0	0	0	0	10001
Not reported or not computed	59	6	10	6	13	2	2	10	6	3	0	0	0	0	0	69723
Median	13	14	18	11	14	16	10	9	8	8	8	4	5	0	0	...
Acquired 2000 and 2001 (part)	44	18	3	10	12	0	1	0	0	0	0	0	0	1	0	42930