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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

Source: U.S. Census Bureau | Residential Finance Survey |  Last Revised: 2012-08-02T15:15:13.203-04:00