Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 6-7. Value Per Housing Unit, Rental and Vacant 5- to 49-Housing-Unit Nonmortgaged Properties
^Number of nonmortgaged properties.
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)
5- to 49-housing-unit nonmortgaged properties	180409	44277	57861	29613	15987	9457	7552	3329	2937	1032	1463	1269	2059	3573	0	35875
PROPERTY CHARACTERISTICS Year Structure Built 1999 to March 2000	2802	134	390	584	107	106	402	0	281	87	0	0	320	390	0	104932
1997 and 1998	2083	153	379	921	16	127	38	0	273	0	0	0	176	0	0	51067
1995 and 1996	2328	774	156	575	322	73	169	57	0	202	0	0	0	0	0	48143
1990 to 1994	5040	356	2241	639	82	322	225	0	186	161	35	0	58	736	0	39313
1980 to 1989	17488	2849	7111	2167	2221	1059	30	404	177	0	71	311	342	745	0	36580
1970 to 1979	31859	6848	12269	6011	2281	1475	813	419	67	93	133	385	517	547	0	34803
1960 to 1969	35203	8144	9383	5762	4255	2460	1717	1523	110	347	805	267	0	431	0	40258
1950 to 1959	19004	5531	4869	3551	968	1085	1217	295	858	25	8	0	242	356	0	36313
1940 to 1949	11542	4556	3136	1049	1674	41	547	113	0	118	146	161	0	0	0	27746
1939 or earlier	53060	14932	17927	8355	4060	2708	2393	519	984	0	265	145	405	367	0	32940
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	16109	4387	5729	2522	636	510	553	538	281	0	0	0	496	457	0	32801
Less than $20,000	4789	4387	203	135	64	0	0	0	0	0	0	0	0	0	0	10916
$20,000 to $39,999	5837	0	5488	349	0	0	0	0	0	0	0	0	0	0	0	30635
$40,000 to $59,999	1894	0	0	1861	0	0	33	0	0	0	0	0	0	0	0	50178
$60,000 to $79,999	794	0	38	0	557	81	118	0	0	0	0	0	0	0	0	72884
$80,000 to $99,999	445	0	0	0	16	429	0	0	0	0	0	0	0	0	0	89628
$100,000 to $124,999	594	0	0	0	0	0	402	192	0	0	0	0	0	0	0	118474
$125,000 to $149,999	249	0	0	0	0	0	0	249	0	0	0	0	0	0	0	137500
$150,000 to $174,999	378	0	0	0	0	0	0	97	281	0	0	0	0	0	0	158187
$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	320	0	0	0	0	0	0	0	0	0	0	0	320	0	0	400000
$500,000 or more	632	0	0	0	0	0	0	0	0	0	0	0	176	457	0	31129088
Median	30885	10000	29700	47401	69145	88110	107810	132713	162500	0	0	0	454776	5250000	0	...
Mean	65208	11858	27232	44134	59674	81823	88392	126753	160036	0	0	0	454506	569985	0	393418
Other properties	164301	39890	52131	27091	15350	8948	6999	2792	2656	1032	1463	1269	1563	3116	0	36213
Monthly Rental Receipts Per Housing Unit Acquired before 2000	172254	41380	56693	27247	15464	9064	7435	3081	2656	1032	1463	1176	2059	3504	0	35786
Less than $100	23321	18460	3584	663	95	0	0	0	0	161	0	0	0	359	0	12634
$100 to $199	17282	2934	10612	3334	0	81	124	197	0	0	0	0	0	0	0	30756
$200 to $299	21186	7020	8215	3913	1668	98	154	117	0	0	0	0	0	0	0	28699
$300 to $399	31671	6117	16722	2474	3252	2075	669	192	68	0	0	0	102	0	0	31624
$400 to $499	23813	2073	10053	5148	3088	1362	1687	166	0	0	0	0	0	237	0	39564
$500 to $599	16866	2384	4497	4267	2045	684	527	1104	861	25	71	0	183	217	0	47275
$600 to $799	8491	314	392	3030	1454	1735	563	354	503	0	0	145	0	0	0	67003
$800 to $999	16116	958	1223	2766	2952	2542	2504	642	533	686	262	614	205	229	0	81254
$1000 or more	12450	892	1134	1600	723	362	1154	308	691	160	1075	417	1569	2367	0	151903
No rental receipts	1058	229	261	53	187	124	52	0	0	0	55	0	0	96	0	54368
Median	375	172	335	462	485	619	788	579	759	896	345705	944	344592	280553	0	...
Mean	610	238	523	1021	521	604	705	662	941	911	1065	1239	1541	2102	0	197535
Acquired 2000 and 2001 (part)	8155	2897	1168	2366	523	393	118	249	281	0	0	93	0	68	0	40106
Rental Receipts as Percent of Value@8 Acquired before 2000	172254	41380	56693	27247	15464	9064	7435	3081	2656	1032	1463	1176	2059	3504	0	35786
Less than 5 percent	7040	377	1227	893	161	439	947	575	796	186	71	0	325	1042	0	111175
5 to 9 percent	65110	15097	13541	8756	8942	5025	3928	2245	1205	728	1220	649	1665	2111	0	48948
10 to 14 percent	37620	2650	15220	8499	4729	3192	2016	147	411	0	116	385	0	256	0	42212
15 to 19 percent	25134	2937	14146	5895	1044	67	434	113	169	118	0	142	69	0	0	33615
20 to 24 percent	14148	3672	8352	1426	402	172	57	0	67	0	0	0	0	0	0	28148
25 to 29 percent	4237	1647	1902	680	0	0	0	0	9	0	0	0	0	0	0	24956
30 to 39 percent	5699	4999	397	257	0	46	0	0	0	0	0	0	0	0	0	11401
40 percent or more	10620	8184	1646	790	0	0	0	0	0	0	0	0	0	0	0	12977
Median	12	18	14	12	9	9	8	7	7	7	8	10	7	7	0	...
Acquired 2000 and 2001 (part)	8155	2897	1168	2366	523	393	118	249	281	0	0	93	0	68	0	40106
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	172254	41380	56693	27247	15464	9064	7435	3081	2656	1032	1463	1176	2059	3504	0	35786
Less than 1.0 percent	35365	6629	9216	6718	3386	3359	2923	464	692	25	114	614	223	1002	0	45471
1.0 to 2.9 percent	14823	1175	4888	2959	2294	850	834	255	731	118	275	145	45	256	0	49112
3.0 to 4.9 percent	17019	3219	5657	4208	2133	876	525	365	36	0	0	0	0	0	0	38702
5.0 to 6.9 percent	9222	1323	5673	523	340	711	380	0	0	202	0	0	69	0	0	31590
7.0 to 8.9 percent	6991	1693	2735	732	769	744	38	58	0	0	81	142	0	0	0	33185
9.0 to 10.9 percent	6900	1673	2280	2293	56	197	344	0	0	0	0	0	57	0	0	35583
11.0 to 12.9 percent	1592	423	605	187	185	0	0	192	0	0	0	0	0	0	0	32319
13.0 to 14.9 percent	4715	821	2635	259	64	533	402	0	0	0	0	0	0	0	0	31657
15.0 percent or more	16119	5293	6683	1828	1172	161	487	258	0	0	0	0	0	237	0	28278
Not reported or not computed	59508	19129	16319	7542	5066	1634	1502	1489	1198	687	993	275	1665	2010	0	33021
Median	3.7	5.2	5.1	3.1	2.6	1.8	1.1	3.4	1.1	5.3	1.9	0.7	0.9	0.7	0.0	...
Acquired 2000 and 2001 (part)	8155	2897	1168	2366	523	393	118	249	281	0	0	93	0	68	0	40106
Age Restrictions Property restricted to people age 55 or older	47092	8691	15219	7693	5181	3337	1977	1210	1606	118	346	360	456	899	0	39521
Property not restricted to people age 55 or older	124006	33090	40378	20554	9864	5923	5136	2120	908	827	1117	833	1425	1832	0	34321
Not reported	9311	2496	2264	1366	942	198	439	0	424	87	0	76	179	841	0	39079
Age Composition Over one-half the residents of the building age 55 or older	9686	2069	4107	518	1272	502	237	623	9	161	0	93	0	96	0	33507
Over one-half the residents of the building not age 55 or older	108271	27129	36683	18717	8586	5422	4623	1352	899	666	1062	739	1027	1367	0	34725
Not reported	62452	15079	17071	10378	6128	3534	2692	1355	2029	205	401	436	1033	2110	0	38918
Meal Service Provided by Properties Exclusively or Predominantly Occupied by People Age 55 or Older Property provides meal service	30277	5532	9763	5398	2758	1688	1766	827	808	0	217	360	411	750	0	39679
Charge included in rent	21107	3572	7036	4372	1819	1046	1404	377	323	0	217	360	222	359	0	39846
Charge not included in rent	139	0	0	70	0	0	0	0	0	0	0	0	69	0	0	59958
Not reported	9030	1960	2727	956	939	642	362	450	485	0	0	0	120	390	0	38737
Property does not provide meal service	12291	3149	4141	1100	1408	499	216	565	76	161	55	93	320	507	0	34470
Not reported	137842	35595	43957	23116	11821	7270	5570	1938	2053	871	1191	816	1328	2316	0	35163
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	116514	32075	35261	17736	11589	6318	5797	1814	2144	827	398	560	515	1479	0	34850
Limited partnership	23995	4878	7190	4595	2209	1589	763	557	266	87	840	286	210	526	0	39805
Joint venture	1655	0	903	649	0	103	0	0	0	0	0	0	0	0	0	38323
General partnership	7304	1531	2874	926	711	659	289	113	0	118	0	0	40	41	0	34758
Life insurance company	313	34	279	0	0	0	0	0	0	0	0	0	0	0	0	28786
Depository institution	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Public real estate investment trust	1238	0	63	243	0	106	96	0	42	0	0	0	232	457	0	359897
Private real estate investment trust	451	0	353	0	0	0	0	0	0	0	0	0	0	97	0	32757
Corporation - other than real estate investment trust	18100	2678	7925	4343	509	443	319	380	108	0	0	38	873	483	0	36081
Housing cooperative organization	1794	326	886	84	30	81	0	50	0	0	0	0	120	217	0	32893
Non-profit or church-related institution	5046	1317	1157	720	473	157	235	223	209	0	225	0	69	260	0	41345
Pension fund	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Fraternal organization	38	0	0	38	0	0	0	0	0	0	0	0	0	0	0	50000
Other	3961	1438	969	279	466	0	52	193	169	0	0	385	0	12	0	31211
RECURRING EXPENSES Real Estate Tax Per Housing Unit Acquired before 2000	172254	41380	56693	27247	15464	9064	7435	3081	2656	1032	1463	1176	2059	3504	0	35786
Less than $100	23068	15324	4483	798	377	532	436	243	0	0	71	0	277	528	0	15054
$100 to $199	18994	4767	9633	3643	95	594	0	0	169	93	0	0	0	0	0	29820
$200 to $299	21898	8512	5587	3900	2176	431	383	200	709	0	0	0	0	0	0	28725
$300 to $399	20565	4808	8932	2543	1403	614	898	95	0	0	805	0	468	0	0	32259
$400 to $499	20037	3179	7343	4026	2247	1119	1463	190	187	0	8	0	57	217	0	38629
$500 to $599	15856	3111	6213	1717	2116	1222	527	603	0	202	0	145	0	0	0	35505
$600 to $699	8360	0	4490	1643	288	429	910	192	133	0	275	0	0	0	0	38620
$700 to $799	6437	0	3808	1245	215	350	380	0	415	25	0	0	0	0	0	36904
$800 to $899	5794	0	1915	1314	883	1196	124	0	290	0	0	0	0	72	0	54946
$900 to $999	2497	0	1126	695	0	0	133	355	0	0	188	0	0	0	0	43536
$1,000 to $1,249	7376	0	1087	2409	2332	580	694	197	0	0	0	76	0	0	0	61641
$1,250 to $1,499	3837	0	49	1518	1080	829	0	0	0	0	0	0	362	0	0	66514
$1,500 to $1,999	2974	0	0	755	1299	439	0	0	93	0	0	230	69	89	0	71271
$2,000 to $2,499	1585	0	0	0	364	195	298	161	0	0	35	142	0	390	0	119610
$2,500 or more	2270	150	0	0	0	206	670	320	236	160	81	385	0	62	0	133466
Not reported	10704	1528	2028	1041	589	330	517	525	424	553	0	198	826	2146	0	90082
Median	382	197	385	455	554	588	553	591	639	573	382	2133	373	470	0	...
Mean	505	215	405	560	764	760	902	1058	937	1839	870	2846	671	990	0	185979
Acquired 2000 and 2001 (part)	8155	2897	1168	2366	523	393	118	249	281	0	0	93	0	68	0	40106
Real Estate Tax Per $1,000 Value Acquired before 2000	172254	41380	56693	27247	15464	9064	7435	3081	2656	1032	1463	1176	2059	3504	0	35786
Less than $5	46504	13765	9653	7160	2957	2366	3181	1331	1612	320	1347	221	1233	1358	0	39657
$5 to $9	28590	761	11163	4757	5676	2896	2074	744	290	0	0	230	0	0	0	49970
$10 to $14	24647	3673	10804	5666	1736	1804	694	0	93	0	35	142	0	0	0	36014
$15 to $19	18637	3185	7897	3744	1949	977	298	161	0	41	0	385	0	0	0	35533
$20 to $24	12868	2379	6486	2226	1295	364	0	50	67	0	0	0	0	0	0	32503
$25 to $29	6867	1954	2990	1153	260	122	0	270	0	118	0	0	0	0	0	29899
$30 to $39	23094	13848	5616	1500	1002	206	670	0	169	0	81	0	0	0	0	16676
$40 to $49	192	136	57	0	0	0	0	0	0	0	0	0	0	0	0	14181
$50 to $59	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$60 or more	150	150	0	0	0	0	0	0	0	0	0	0	0	0	0	10001
Not reported or not computed	10704	1528	2028	1041	589	330	517	525	424	553	0	198	826	2146	0	90082
Median	11	18	13	11	9	8	6	5	3	4	3	11	3	3	0	...
Acquired 2000 and 2001 (part)	8155	2897	1168	2366	523	393	118	249	281	0	0	93	0	68	0	40106
Property Management Property managed by paid property management company	70444	13259	23526	12565	5155	4804	2934	2464	1363	438	316	1100	558	1961	0	38671
Property not managed by paid property management company	91263	23908	30568	15271	9675	3873	4477	581	1150	202	209	0	949	401	0	34213
Not reported	18702	7110	3767	1777	1157	781	141	285	424	392	938	169	552	1211	0	31900
Property Management and Administration Expenses Per Housing Unit Acquired before 2000	172254	41380	56693	27247	15464	9064	7435	3081	2656	1032	1463	1176	2059	3504	0	35786
Less than $100	2850	231	1797	192	568	62	0	0	0	0	0	0	0	0	0	33282
$100 to $199	5412	1004	2003	1742	248	214	139	37	0	25	0	0	0	0	0	36991
$200 to $299	8130	2919	2293	1715	721	0	375	0	0	0	0	0	0	108	0	30001
$300 to $399	8150	2355	3149	1350	694	333	200	69	0	0	0	0	0	0	0	30923
$400 to $499	7984	1300	2557	1235	681	1164	781	96	169	0	0	0	0	0	0	42178
$500 to $599	6442	1050	2829	1521	742	168	8	61	0	0	0	0	0	62	0	35346
$600 to $699	5840	393	1528	1043	840	1361	421	0	85	0	0	0	0	167	0	59131
$700 to $799	3021	204	187	1069	658	192	0	444	68	0	200	0	0	0	0	61560
$800 to $899	2566	434	1415	177	206	0	189	0	0	0	0	145	0	0	0	32000
$900 to $999	1449	0	737	181	29	152	140	0	168	41	0	0	0	0	0	39655
$1,000 to $1,249	1826	385	461	213	196	81	87	403	0	0	0	0	0	0	0	46378
$1,250 to $1,499	2419	0	1200	698	0	46	0	0	0	0	81	230	165	0	0	40277
$1,500 to $1,999	3464	792	336	510	330	551	392	0	169	0	0	385	0	0	0	65709
$2,000 to $2,499	1372	0	86	606	151	530	0	0	0	0	0	0	0	0	0	59826
$2,500 or more	2316	274	859	802	0	172	0	0	67	0	0	142	0	0	0	40622
No expenses	67249	19073	23198	8259	7186	2129	4059	674	905	320	244	0	397	805	0	32545
Not reported or not computed	41763	10965	12058	5934	2213	1910	643	1297	1025	645	938	275	1497	2362	0	36448
Median	489	364	458	519	516	642	484	766	925	919	770	1599	1375	598	0	...
Acquired 2000 and 2001 (part)	8155	2897	1168	2366	523	393	118	249	281	0	0	93	0	68	0	40106
Maintenance and Repair Expenses Per Housing Unit Acquired before 2000	172254	41380	56693	27247	15464	9064	7435	3081	2656	1032	1463	1176	2059	3504	0	35786
Less than $100	6362	3348	1192	703	400	180	442	97	0	0	0	0	0	0	0	19002
$100 to $199	9791	4331	3110	905	619	378	124	61	0	0	8	0	183	72	0	23630
$200 to $299	8943	1710	3936	748	601	867	692	0	187	0	146	0	57	0	0	34034
$300 to $399	9136	1696	4049	1288	823	476	298	197	68	0	0	145	0	96	0	34185
$400 to $499	9424	1094	4320	1220	1345	572	778	94	0	0	0	0	0	0	0	36748
$500 to $599	13314	1880	6554	1575	1758	891	575	0	0	0	81	0	0	0	0	34577
$600 to $699	9916	2210	3513	1293	901	435	1007	69	169	25	129	0	165	0	0	35647
$700 to $799	6336	1057	1967	1029	1031	431	389	0	431	0	0	0	0	0	0	42790
$800 to $899	8591	1625	3000	1209	1036	855	174	399	187	0	106	0	0	0	0	37807
$900 to $999	3652	567	1226	1233	412	214	0	0	0	0	0	0	0	0	0	40535
$1,000 to $1,249	12832	2197	3918	3533	1656	329	608	58	9	294	0	230	0	0	0	41701
$1,250 to $1,499	5381	1036	1853	1296	0	258	152	303	169	0	0	0	0	315	0	37860
$1,500 to $1,999	5322	763	1719	1635	340	33	284	186	36	160	0	0	0	167	0	42186
$2,000 to $2,499	3793	498	841	1098	129	432	0	0	411	0	0	385	0	0	0	50152
$2,500 or more	8923	1172	1337	2251	1675	0	1264	675	340	0	0	210	0	0	0	57354
No expenses	6389	3211	1478	519	69	124	101	0	373	0	0	0	45	468	0	19895
Not reported or not computed	44150	12984	12681	5712	2671	2588	547	942	277	553	993	207	1610	2386	0	34338
Median	639	522	571	944	691	579	648	1328	879	1182	600	2143	234	1375	0	...
Acquired 2000 and 2001 (part)	8155	2897	1168	2366	523	393	118	249	281	0	0	93	0	68	0	40106
Utility and Fuel Expenses Per Housing Unit Acquired before 2000	172254	41380	56693	27247	15464	9064	7435	3081	2656	1032	1463	1176	2059	3504	0	35786
Less than $250	16767	3595	7598	1776	1438	1137	729	0	0	294	81	0	45	72	0	32603
$250 to $499	34769	7264	13531	7796	2307	1878	1280	0	356	0	35	230	57	36	0	34959
$500 to $749	26786	6951	9177	3989	2550	1357	1622	314	514	67	63	0	183	0	0	34041
$750 to $999	14745	1501	5662	2816	2044	431	958	699	298	0	129	145	0	62	0	41489
$1,000 to $1,249	8830	1457	2425	894	1842	531	611	467	460	0	0	142	0	0	0	51928
$1,250 to $1,499	5411	968	1609	1457	479	251	284	0	0	0	146	0	0	217	0	41758
$1,500 to $1,749	3670	722	1765	477	38	450	0	50	169	0	0	0	0	0	0	32613
$1,750 to $1,999	1574	180	879	238	0	145	0	0	133	0	0	0	0	0	0	33817
$2,000 to $2,499	2004	110	0	658	0	0	608	0	9	0	71	385	165	0	0	109641
$2,500 or more	1959	321	484	197	288	0	372	113	67	118	0	0	0	0	0	57772
No expenses	11538	3843	1515	1788	1874	1024	353	48	373	0	0	0	0	720	0	44596
Not reported or not computed	44200	14467	12049	5162	2604	1861	618	1390	277	553	938	275	1610	2398	0	32670
Median	563	524	512	536	671	514	688	931	862	204	911	1134	668	1277	0	...
Acquired 2000 and 2001 (part)	8155	2897	1168	2366	523	393	118	249	281	0	0	93	0	68	0	40106