Skip Main Navigation Skip To Navigation Content

Residential Finance Survey

Skip top of page navigation
You are here: Census.govPeople and HouseholdsResidential Finance Survey MainData › ›

Residential Finance Survey: 2001 - United States
Table 9-1a. Mortgage Status, Mobile Home Properties
^Number of 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.
@3Permanent (closed end) mortgages - excludes properties with home equity lines of credit or installment loans as only mortgage.
@7Properties with installment loan only or in combination with other loans.
Monthly Rental Receipts, Rental Receipts as Percent of Value, Rental Vacancy Losses as Percent of Potential Receipts, and Real Estate Tax as Percent of Rental Receipts acquired before 2000 exclude properties with less than half of units in rental market during all of year preceding survey and cooperatively owned apartments.
Columns may not add to total because installment loans are included in total^^

Properties with debt
Total properties Properties
without debt
Total properties
with debt
Properties with traditional
first mortgage@3
Properties with home equity
line of credit only
Properties with
installment debt@7

Homeowner mobile homes
5741 3153 2588 916 42 2096

PROPERTY CHARACTERISTICS


Property Location by Geographic Area

Inside MAs
3305 1864 1441 457 22 1217
In central cities 455 287 168 24 0 158
Not in central cities 2850 1577 1273 432 22 1059
Outside MAs 2436 1289 1147 460 20 879

Manner of Acquisition

By purchase
4875 2569 2306 791 42 1883
Placed one new mortgage 1453 424 1029 585 13 697
Placed two or more new mortgages 56 11 45 22 0 37
Assumed mortgage(s) already on property 79 22 56 27 0 40
Assumed mortgage(s) already on property
and placed new mortgage
14 0 14 7 0 10
Placed an installment loan or contract 1468 452 1016 105 6 997
Borrowed using assets other than this
property as collateral
85 76 9 3 0 6
Paid all cash-no borrowing 1657 1532 125 42 23 85
Other manner 63 52 11 0 0 11
By inheritance or gift 467 326 141 44 0 131
By divorce 30 28 2 0 0 2
By some other manner 245 146 99 66 0 44
Not reported 124 83 41 16 0 36

Source of Downpayment@1

Properties purchased
1995 to 2001 (part)
2809 1162 1647 549 4 1374
Sale of previous home 436 184 252 94 0 203
Sale of other real property or other
investments
75 30 44 20 0 33
Savings 1285 472 813 261 4 667
Borrowing from a retirement plan 44 17 28 0 0 28
Borrowing using assets other than this
property as collateral
76 13 64 22 0 52
Proceeds from an insurance policy 42 19 23 5 0 23
Payments in a lease-purchase agreement 57 21 35 4 0 31
From a state or local government source 22 4 17 3 0 17
From a non-profit organization 4 0 4 4 0 0
From parents or relatives 191 59 132 41 0 118
Other 22 5 17 8 0 11
No downpayment required 619 340 279 83 0 240
Not reported 100 51 49 24 0 45
Other properties 2855 1940 915 362 38 696
Not reported 77 50 27 6 0 27

Year Property Acquired

1999 to 2001 (part)
1513 658 855 265 0 706
1997 and 1998 960 430 531 198 4 431
1995 and 1996 807 363 444 172 0 367
1990 to 1994 946 549 396 145 9 323
1985 to 1989 609 409 200 86 2 160
1980 to 1984 333 256 77 26 8 56
1975 to 1979 274 223 51 16 11 33
1970 to 1974 162 146 16 4 3 8
1969 or earlier 137 119 18 3 6 12

Building and Land Acquisition

Acquired at same time
1566 792 774 385 16 531
Not acquired at same time 1668 911 758 329 26 587
Land not owned by building owner 2426 1398 1028 192 0 955
Not reported 81 52 29 10 0 24

Property New or Previously Occupied When
Acquired

Acquired by purchase
4875 2569 2306 791 42 1883
New 2097 885 1212 437 31 986
Previously occupied by someone else 2716 1644 1073 342 11 880
Converted from non-residential use 12 3 9 4 0 9
Other 4 4 0 0 0 0
Not reported 45 33 11 7 0 8
Other properties 742 500 242 110 0 177
Not reported 124 83 41 16 0 36

Year Structure Built

1999 to March 2000
381 87 293 87 0 251
1997 and 1998 438 100 338 134 0 256
1995 and 1996 507 106 401 130 4 342
1990 to 1994 686 236 450 154 5 397
1980 to 1989 1580 891 689 262 7 550
1970 to 1979 1547 1232 315 110 14 237
1969 or earlier 603 501 102 40 11 64

Purchase Price

Properties acquired by
purchase 1997 to 2001 (part)
2132 852 1280 413 4 1061
Less than $5,000 228 200 28 7 0 22
$5,000 to $9,999 256 160 96 21 0 91
$10,000 to $14,999 266 158 108 11 0 100
$15,000 to $19,999 175 60 115 42 0 87
$20,000 to $29,999 269 84 185 57 0 144
$30,000 to $39,999 256 70 186 51 0 163
$40,000 to $49,999 187 39 149 33 0 135
$50,000 to $59,999 137 19 118 27 0 110
$60,000 to $79,999 195 35 160 72 0 128
$80,000 to $99,999 91 12 79 63 0 39
$100,000 or more 73 16 57 30 4 43
Median 25269 12093 35846 45385 100000+ 35365
Mean 32707 19543 41465 51063 125000 39833
Other properties 3609 2301 1308 503 38 1035

Value

Less than $5,000
760 695 65 14 3 49
$5,000 to $9,999 897 660 237 66 3 196
$10,000 to $14,999 545 335 210 44 0 199
$15,000 to $19,999 467 246 220 51 6 191
$20,000 to $29,999 751 325 426 149 5 355
$30,000 to $39,999 579 239 341 93 16 273
$40,000 to $49,999 450 200 249 103 0 192
$50,000 to $59,999 337 120 217 77 3 178
$60,000 to $79,999 487 166 321 108 5 268
$80,000 to $99,999 222 77 145 95 0 89
$100,000 or more 246 90 156 117 0 106
Median 22686 13299 33993 44021 32029 32137
Mean 31463 24000 40555 51231 30719 38444

Value of Capital Improvements

Properties with capital
improvements between 1998
and 2000
2331 1302 1029 400 25 828
Less than $500 216 130 86 28 0 75
$500 to $999 294 202 91 24 3 80
$1,000 to $2,499 722 444 278 116 0 228
$2,500 to $4,999 499 261 238 89 10 191
$5,000 to $7,499 314 157 157 65 7 120
$7,500 to $9,999 68 24 45 11 0 41
$10,000 to $14,999 122 55 67 27 0 51
$15,000 to $19,999 41 13 28 18 0 19
$20,000 to $29,999 22 12 10 6 0 10
$30,000 or more 32 3 29 15 5 14
Median 2362 2076 3120 3395 4947 2906
Mean 4330 3027 5979 5847 58092 4279
Properties with no capital
improvements between 1998 and 2000
2836 1530 1306 430 14 1054
Capital improvements not
reported
574 321 253 86 3 214

Land Ownership

Yes
2472 1241 1232 590 36 878
No 2754 1651 1104 224 0 1010
Not reported 514 261 253 102 6 209

Land Rent

Land not owned
2754 1651 1104 224 0 1010
Less than $500 139 66 72 10 0 63
$500 to $999 134 74 60 14 0 54
$1,000 to $1,499 175 109 67 11 0 56
$1,500 to $1,999 282 192 90 17 0 87
$2,000 to $2,499 298 187 111 14 0 102
$2,500 to $2,999 189 121 68 0 0 68
$3,000 or more 757 433 324 63 0 310
No cash rent 595 348 247 79 0 211
Not reported 184 119 65 17 0 60
Median 2430 2400 2481 2459 500- 2563
Other properties 2987 1502 1485 693 42 1086

Purchase Price as Percent of Value@8

Acquired by purchase
4875 2569 2306 791 42 1883
Purchased 1997 to 2001 (part) 2132 852 1280 413 4 1061
Less than 60 percent 171 88 83 29 0 80
60 to 69 percent 214 48 166 82 0 111
70 to 79 percent 139 77 61 29 0 47
80 to 99 percent 333 108 225 78 0 184
100 percent or more 1258 517 741 195 4 635
Median 100+ 100+ 100+ 97 100+ 100+
Purchased 1990 to 1996 (part) 1493 769 724 265 9 603
Less than 40 percent 106 59 46 27 3 27
40 to 59 percent 120 63 57 25 0 54
60 to 79 percent 199 86 113 50 0 75
80 to 99 percent 165 94 71 49 0 50
100 percent or more 878 445 434 115 5 394
Median 100+ 100+ 100+ 92 100+ 100+
Purchased 1989 or earlier 1250 949 301 112 30 219
Less than 20 percent 69 38 31 9 5 23
20 to 39 percent 109 64 45 30 9 23
40 to 59 percent 117 107 10 0 0 10
60 to 79 percent 155 94 61 30 0 57
80 to 99 percent 122 79 43 11 0 34
100 percent or more 668 562 106 33 11 71
Median 100+ 100+ 80 71 36 78
Not acquired by purchase 866 583 283 126 0 213

Value-Income Ratio

Less than 1.0
2915 1809 1107 315 9 972
1.0 to 1.4 786 322 464 143 16 384
1.5 to 1.9 391 164 226 100 7 179
2.0 to 2.4 255 96 158 94 0 103
2.5 to 2.9 192 82 110 71 0 66
3.0 to 3.4 152 86 65 25 0 53
3.5 to 3.9 83 32 51 30 0 21
4.0 or more 343 169 174 81 4 142
Not reported or not computed 625 393 232 57 7 176
Median 0.9 0.8 1.1 1.4 1.3 1.0

Age Restrictions

Mobile home restricted to people
age 55 or older
635 479 156 64 0 133
Mobile home not restricted to people
age 55 or older
4821 2491 2330 815 39 1879
Not reported 285 182 103 38 3 85

Type of Property Benefits@1

Government-sponsored below-market
interest rate mortgage loan
4 0 4 0 0 4
Other government grant or subsidy 22 9 13 0 0 13
Property tax relief 255 164 90 25 12 61
Subsidy from a non-profit corporation 4 0 4 0 0 4
None of the above benefits 4309 2369 1940 693 23 1548
Not reported 1163 614 549 198 7 479

Source of Property Benefits@1

With property benefits
269 170 99 25 12 70
Federal government 21 9 13 6 7 6
State government 141 85 56 14 2 44
Local government 79 59 21 3 5 15
Non-profit corporation 4 0 4 0 0 4
Not reported 40 31 9 6 0 4
With no property benefits 4309 2369 1940 693 23 1548
Not reported 1163 614 549 198 7 479

Reason for Benefits@1

With property benefits
269 170 99 25 12 70
Occupied by low- or moderate-income
individuals
38 26 12 4 0 9
Occupied by elderly or disabled
individuals
85 57 29 12 2 23
A historic structure 0 0 0 0 0 0
Located in a community development or
economic development area
0 0 0 0 0 0
Covered by a Homestead Exemption 143 93 51 16 2 39
Covered by a Community Land Trust 0 0 0 0 0 0
Covered by disaster relief 6 6 0 0 0 0
Other reason 28 12 16 3 12 0
Not reported 14 6 8 0 0 8
With no property benefits 4309 2369 1940 693 23 1548
Not reported 1163 614 549 198 7 479

OWNER CHARACTERISTICS


Owner Status

1 owner
2956 1844 1112 386 10 902
2 owners 2683 1241 1442 524 32 1167
3 or more owners 102 68 34 7 0 27

Age of Owner

Under 25
157 77 79 7 0 76
25 to 34 703 203 500 155 0 432
35 to 44 1095 384 712 283 13 549
45 to 54 1126 587 540 180 14 451
55 to 64 829 511 318 137 12 238
65 to 74 736 530 206 71 0 167
75 and over 607 553 54 24 0 43
Not reported 487 307 179 59 3 141
Median 50 58 43 44 49 43

Race of Owner

White alone
5165 2916 2249 817 40 1816
Black or African American alone 371 138 234 63 0 194
American Indian or Alaska Native alone 101 46 55 16 0 45
Asian alone 43 28 16 7 0 8
Native Hawaiian or Other Pacific
Islander alone
4 0 4 0 0 4
Two or more races 56 25 31 14 2 29

Sex of Owner

Male/Male and female co-owners
4071 2111 1960 687 36 1602
Female 1670 1042 628 229 6 494

Hispanic/Latino Origin

Hispanic/Latino owner(s) only
367 182 184 29 0 166
No Hispanic/Latino owner(s) 5374 2970 2404 887 42 1930

Veteran Status@1

Veteran
1314 858 457 175 17 380
Active member of Reserves or National
Guard for at least 6 years
124 55 69 24 0 62
Persian Gulf War or after
(August 1990 to present)
79 20 59 20 5 47
Vietnam or after
(August 1964 to July 1990)
592 330 262 113 5 220
Korean conflict or after
(July 1950 to July 1964)
363 264 99 27 12 75
World War II or after
(September 1940 to June 1950)
318 289 29 12 0 25
Nonveteran 3974 2009 1965 690 22 1577
Not reported 453 287 166 51 3 140

Income

Less than $5,000
723 445 277 72 11 217
$5,000 to $9,999 400 310 90 30 0 67
$10,000 to $14,999 600 426 174 69 0 134
$15,000 to $19,999 522 308 214 101 6 147
$20,000 to $24,999 578 337 240 78 8 180
$25,000 to $29,999 450 269 182 72 0 150
$30,000 to $34,999 515 200 315 93 0 275
$35,000 to $39,999 384 197 187 69 0 155
$40,000 to $49,999 567 213 355 120 9 310
$50,000 to $59,999 345 114 231 91 5 182
$60,000 to $79,999 414 179 236 80 3 207
$80,000 to $99,999 148 87 61 28 0 52
$100,000 to $119,999 31 21 10 2 0 10
$120,000 or more 63 47 16 9 0 11
Median 25527 21291 31836 31903 22572 32779
Mean 31246 29059 33909 36802 27152 34150

Owned Home Previously

Previously owned home
3025 1760 1265 520 24 983
Never owned home before 2333 1160 1173 351 15 984
Not reported 383 233 150 45 3 129

RECURRING EXPENSES


Real Estate Tax

Acquired before 2000
4823 2735 2088 752 42 1686
Less than $100 2158 1372 786 267 3 645
$100 to $199 551 318 233 74 6 192
$200 to $299 344 206 138 48 0 112
$300 to $399 403 220 183 72 4 142
$400 to $499 229 89 140 58 3 104
$500 to $599 207 89 118 57 0 104
$600 to $699 147 69 79 37 0 50
$700 to $799 86 32 53 19 2 45
$800 to $899 119 65 54 25 4 46
$900 to $999 15 5 10 0 3 7
$1,000 to $1,249 128 45 82 50 9 51
$1,250 to $1,499 53 17 37 18 5 21
$1,500 to $1,999 52 19 33 4 0 29
$2,000 to $2,499 50 26 25 13 0 25
$2,500 or more 95 18 77 9 3 71
Not reported 186 144 42 0 0 42
Median 129 100- 202 273 879 191
Mean 423 278 605 426 1154 643
Acquired 2000 and 2001 (part) 918 418 500 164 0 410

Real Estate Tax Per $1,000 Value

Acquired before 2000
4823 2735 2088 752 42 1686
Less than $5 2027 1155 872 315 3 698
$5 to $9 785 377 408 176 10 328
$10 to $14 519 257 262 97 2 231
$15 to $19 280 159 121 38 4 103
$20 to $24 186 111 76 25 0 53
$25 to $29 117 71 45 19 4 28
$30 to $39 172 100 72 9 8 60
$40 to $49 80 63 18 18 0 0
$50 to $59 117 57 60 55 5 37
$60 or more 312 203 109 0 6 103
Not reported or not computed 227 182 45 0 0 45
Median 6 6 6 6 28 6
Acquired 2000 and 2001 (part) 918 418 500 164 0 410

Rental and vacant mobile homes
1741 1397 344 143 8 216

PROPERTY CHARACTERISTICS


Property Location by Geographic Area

Inside MAs
888 720 168 79 8 97
In central cities 126 109 17 12 0 5
Not in central cities 762 611 152 67 8 92
Outside MAs 852 677 176 64 0 120

Manner of Acquisition

By purchase
1200 908 293 115 8 186
Placed one new mortgage 290 91 199 101 0 115
Placed two or more new mortgages 0 0 0 0 0 0
Assumed mortgage(s) already on property 73 64 8 8 0 0
Assumed mortgage(s) already on property
and placed new mortgage
11 11 0 0 0 0
Placed an installment loan or contract 134 78 57 0 0 57
Borrowed using assets other than this
property as collateral
54 54 0 0 0 0
Paid all cash-no borrowing 578 578 0 0 0 0
Other manner 61 32 29 6 8 14
Through a tax free exchange of
other rental property
5 5 0 0 0 0
Through foreclosure or
assignment
21 21 0 0 0 0
By inheritance or gift 155 143 12 0 0 12
By divorce 5 5 0 0 0 0
By some other manner 209 196 13 13 0 7
Not reported 145 119 26 15 0 11

Source of Downpayment@1

Properties purchased
1995 to 2001 (part)
504 338 166 60 8 100
Sale of stock or other partnership
shares for this project
0 0 0 0 0 0
Sale of previously owned stocks,
shares, or other securities
11 4 7 7 0 0
Sale of land or other real estate 28 23 5 5 0 0
Owner's cash, bank deposits,
share accounts, or bonds
221 142 79 10 0 72
Borrowing from a retirement plan 0 0 0 0 0 0
Borrowing using assets other than this
property as collateral
41 35 6 0 0 6
Proceeds from an insurance policy 0 0 0 0 0 0
From a state or local government source 0 0 0 0 0 0
From a non-profit organization 8 0 8 0 0 8
Proceeds from sale of tax credits 0 0 0 0 0 0
From parents or relatives 11 11 0 0 0 0
Other cash source 23 14 8 0 0 8
Non-cash source 4 4 0 0 0 0
No downpayment required 139 85 54 40 8 6
Not reported 46 40 6 6 0 0
Other properties 1190 1018 172 83 0 110
Not reported 47 40 6 0 0 6

Year Property Acquired

1999 to 2001 (part)
289 192 97 37 8 52
1997 and 1998 266 231 36 17 0 19
1995 and 1996 168 122 46 12 0 36
1990 to 1994 412 336 75 27 0 63
1985 to 1989 251 200 51 35 0 22
1980 to 1984 174 144 30 15 0 15
1975 to 1979 60 51 9 0 0 9
1970 to 1974 66 66 0 0 0 0
1969 or earlier 54 54 0 0 0 0

Building and Land Acquisition

Acquired at same time
653 422 231 98 8 133
Not acquired at same time 658 599 59 32 0 42
Land not owned by building owner 358 309 49 13 0 36
Not reported 72 67 5 0 0 5

Property New or Previously Owned When
Acquired

Acquired by purchase
1200 908 293 115 8 186
New 499 391 109 22 0 104
Previously owned 689 505 184 93 8 82
As residential property 685 501 184 93 8 82
Converted from nonresidential use 4 4 0 0 0 0
Other 0 0 0 0 0 0
Not reported 12 12 0 0 0 0
Other properties 395 370 25 13 0 19
Not reported 145 119 26 15 0 11

Year Structure Built

1999 to March 2000
37 10 27 0 0 27
1997 and 1998 34 21 13 5 0 8
1995 and 1996 131 97 34 3 0 34
1990 to 1994 134 76 58 29 0 44
1980 to 1989 528 447 81 45 8 33
1970 to 1979 613 514 99 56 0 43
1969 or earlier 264 232 32 5 0 27

Purchase Price

Properties acquired by
purchase 1997 to 2001 (part)
392 259 133 54 8 70
Less than $5,000 54 50 5 0 0 5
$5,000 to $9,999 99 81 18 18 0 0
$10,000 to $14,999 37 30 7 0 0 7
$15,000 to $19,999 37 6 31 17 8 6
$20,000 to $29,999 40 33 7 7 0 0
$30,000 to $39,999 56 42 14 0 0 14
$40,000 to $49,999 26 11 14 0 0 14
$50,000 to $59,999 0 0 0 0 0 0
$60,000 to $79,999 17 5 12 0 0 12
$80,000 to $99,999 9 0 9 5 0 4
$100,000 or more 16 1 15 7 0 8
Median 15692 9902 27739 17658 17500 42578
Mean 24860 16686 40759 35760 15000 47700
Other properties 1349 1138 211 89 0 146

Value

Less than $5,000
497 454 43 16 0 28
$5,000 to $9,999 315 281 34 15 0 19
$10,000 to $14,999 211 158 52 30 0 22
$15,000 to $19,999 101 67 34 18 8 8
$20,000 to $29,999 216 167 49 18 0 34
$30,000 to $39,999 107 70 37 0 0 37
$40,000 to $49,999 80 44 36 18 0 25
$50,000 to $59,999 100 76 23 6 0 17
$60,000 to $79,999 55 30 25 14 0 18
$80,000 to $99,999 8 0 8 8 0 8
$100,000 or more 50 50 0 0 0 0
Median 11387 9358 21562 17920 17500 29180
Mean 21997 20771 26976 28656 15000 30767

Purchase Price as Percent of Value@8

Acquired by purchase
1200 908 293 115 8 186
Purchased 1997 to 2001 (part) 392 259 133 54 8 70
Less than 60 percent 23 17 6 6 0 0
60 to 69 percent 19 12 7 0 0 7
70 to 79 percent 10 10 0 0 0 0
80 to 99 percent 41 28 13 0 0 13
100 percent or more 292 191 101 48 8 45
Median 100+ 100+ 100+ 100+ 100+ 100+
Purchased 1990 to 1996 (part) 406 330 77 19 0 69
Less than 40 percent 21 21 0 0 0 0
40 to 59 percent 19 10 8 8 0 8
60 to 79 percent 48 42 6 0 0 6
80 to 99 percent 50 45 4 0 0 4
100 percent or more 263 205 58 10 0 51
Median 100+ 100+ 100+ 100+ 40- 100+
Purchased 1989 or earlier 402 319 83 43 0 47
Less than 20 percent 10 10 0 0 0 0
20 to 39 percent 10 10 0 0 0 0
40 to 59 percent 29 20 9 0 0 9
60 to 79 percent 31 26 5 0 0 5
80 to 99 percent 31 17 14 7 0 7
100 percent or more 286 230 55 36 0 26
Median 100+ 100+ 100+ 100+ 20- 100+
Not acquired by purchase 540 489 51 28 0 30

Value of Capital Improvements

Properties with capital
improvements between 1998
and 2000
579 429 150 78 0 86
Less than $500 87 66 21 4 0 17
$500 to $999 77 71 6 6 0 0
$1,000 to $2,499 193 132 60 24 0 43
$2,500 to $4,999 112 88 24 8 0 16
$5,000 to $7,499 56 42 13 13 0 0
$7,500 to $9,999 0 0 0 0 0 0
$10,000 to $14,999 14 7 7 7 0 0
$15,000 to $19,999 25 15 10 6 0 10
$20,000 to $29,999 0 0 0 0 0 0
$30,000 or more 16 7 8 8 0 0
Median 1976 1875 2198 3759 500- 1921
Mean 4568 3773 6837 10845 0 3404
Properties with no capital
improvements between 1998 and 2000
901 757 143 48 0 95
Capital improvements not
reported
260 210 50 18 8 35

Monthly Rental Receipts

Acquired before 2000
1549 1247 302 120 8 197
Less than $100 63 58 5 0 0 5
$100 to $199 129 110 19 3 0 16
$200 to $299 201 182 19 4 0 15
$300 to $399 160 138 22 9 0 13
$400 to $499 106 86 20 9 0 13
$500 to $599 104 57 47 18 0 36
$600 to $799 82 68 13 7 0 6
$800 to $999 65 51 14 8 0 6
$1000 or more 310 242 68 42 8 32
No rental receipts 328 255 73 18 0 56
Median 453 409 559 778 1000+ 523
Mean 1698 1884 930 1632 1875 610
Acquired 2000 and 2001 (part) 192 149 43 24 0 19

Rental Receipts as Percent of Value@8

Acquired before 2000
1549 1247 302 120 8 197
Less than 5 percent 15 15 0 0 0 0
5 to 9 percent 58 24 34 7 0 34
10 to 14 percent 67 39 28 0 0 28
15 to 19 percent 69 49 20 12 0 8
20 to 24 percent 21 21 0 0 0 0
25 to 29 percent 42 33 9 9 0 3
30 to 39 percent 100 100 0 0 0 0
40 percent or more 779 647 132 75 8 63
Median 40+ 40+ 40+ 40+ 40+ 18
Acquired 2000 and 2001 (part) 192 149 43 24 0 19

Rental Vacancy Losses as Percent of
Potential Receipts

Acquired before 2000
1549 1247 302 120 8 197
Less than 1.0 percent 322 260 62 13 0 49
1.0 to 2.9 percent 22 22 0 0 0 0
3.0 to 4.9 percent 0 0 0 0 0 0
5.0 to 6.9 percent 12 12 0 0 0 0
7.0 to 8.9 percent 25 25 0 0 0 0
9.0 to 10.9 percent 36 28 8 8 0 0
11.0 to 12.9 percent 0 0 0 0 0 0
13.0 to 14.9 percent 6 6 0 0 0 0
15.0 percent or more 209 173 37 19 0 30
Not reported or not computed 916 722 194 79 8 118
Median 1.0 1.3 0.9 10.7 0.0 0.8
Acquired 2000 and 2001 (part) 192 149 43 24 0 19

Age Restrictions

Mobile home restricted to people
age 55 or older
174 168 6 6 0 3
Mobile home not restricted to people
age 55 or older
1474 1141 333 137 8 209
Not reported 92 87 5 0 0 5

Type of Property Benefits@1

Government-sponsored below-market
interest rate mortgage loan
0 0 0 0 0 0
Government rental subsidy 30 30 0 0 0 0
Government grant 0 0 0 0 0 0
Property tax relief 17 6 12 6 0 6
Federal income tax credit for
low-income, old or historic properties
0 0 0 0 0 0
Accelerated federal income tax
depreciation for low- and
moderate-income properties
8 8 0 0 0 0
Subsidy from a non-profit corporation 0 0 0 0 0 0
None of the above benefits 1486 1180 307 129 8 185
Not reported 199 174 26 8 0 26

Source of Property Benefits@1

With property benefits
55 43 12 6 0 6
Federal government 24 24 0 0 0 0
State government 12 0 12 6 0 6
Local government 19 19 0 0 0 0
Non-profit corporation 0 0 0 0 0 0
Not reported 0 0 0 0 0 0
With no property benefits 1486 1180 307 129 8 185
Not reported 199 174 26 8 0 26

Reason for Benefits@1

With property benefits
55 43 12 6 0 6
Occupied by low- or moderate-income
individuals
37 37 0 0 0 0
Occupied by elderly or disabled
individuals
10 10 0 0 0 0
A historic structure 0 0 0 0 0 0
Located in a community development or
economic development area
0 0 0 0 0 0
Covered by a Homestead Exemption 8 2 6 0 0 6
Covered by a Community Land Trust 0 0 0 0 0 0
Covered by disaster relief 0 0 0 0 0 0
Other reason 6 0 6 6 0 0
Not reported 0 0 0 0 0 0
With no property benefits 1486 1180 307 129 8 185
Not reported 199 174 26 8 0 26

OWNER CHARACTERISTICS


Type of Owner

Individual investor(s)
1522 1194 328 138 8 205
Limited partnership 88 83 5 5 0 0
Joint venture 6 0 6 0 0 6
General partnership 22 22 0 0 0 0
Life insurance company 10 10 0 0 0 0
Depository institution 0 0 0 0 0 0
Public real estate investment trust 4 4 0 0 0 0
Private real estate investment trust 0 0 0 0 0 0
Corporation - other than real estate
investment trust
40 40 0 0 0 0
Housing cooperative organization 4 4 0 0 0 0
Non-profit or church-related institution 21 16 5 0 0 5
Pension fund 0 0 0 0 0 0
Fraternal organization 0 0 0 0 0 0
Other 23 23 0 0 0 0

RECURRING EXPENSES


Real Estate Tax

Acquired before 2000
1549 1247 302 120 8 197
Less than $100 451 386 65 20 0 48
$100 to $199 205 186 18 11 0 7
$200 to $299 166 136 30 6 0 24
$300 to $399 114 91 23 8 0 14
$400 to $499 72 54 18 6 0 12
$500 to $599 37 8 29 18 0 11
$600 to $699 43 10 33 13 0 20
$700 to $799 23 15 8 8 0 8
$800 to $899 21 17 4 0 0 4
$900 to $999 8 8 0 0 0 0
$1,000 to $1,249 71 51 20 12 0 15
$1,250 to $1,499 0 0 0 0 0 0
$1,500 to $1,999 7 0 7 0 0 7
$2,000 to $2,499 22 10 13 13 0 6
$2,500 or more 24 20 3 3 0 0
Not reported 285 256 29 0 8 21
Median 188 158 402 543 100- 370
Mean 446 426 518 679 0 490
Acquired 2000 and 2001 (part) 192 149 43 24 0 19

Real Estate Tax Per $1,000 Value

Acquired before 2000
1549 1247 302 120 8 197
Less than $5 271 215 57 24 0 36
$5 to $9 224 164 60 15 0 54
$10 to $14 144 115 29 13 0 16
$15 to $19 67 48 19 7 0 19
$20 to $24 75 75 0 0 0 0
$25 to $29 74 57 17 5 0 12
$30 to $39 86 86 0 0 0 0
$40 to $49 62 42 20 11 0 8
$50 to $59 38 9 29 29 0 6
$60 or more 211 169 42 17 0 25
Not reported or not computed 297 267 29 0 8 21
Median 14 14 13 27 5- 9
Acquired 2000 and 2001 (part) 192 149 43 24 0 19

Real Estate Tax as Percent of Rental
Receipts

Acquired before 2000
1549 1247 302 120 8 197
Less than 5 percent 530 417 114 61 0 70
5 to 9 percent 220 171 49 20 0 30
10 to 14 percent 40 36 4 0 0 4
15 to 19 percent 44 23 21 12 0 16
20 to 24 percent 21 21 0 0 0 0
25 to 29 percent 13 13 0 0 0 0
30 to 34 percent 8 8 0 0 0 0
35 to 39 percent 10 10 0 0 0 0
40 percent or more 24 14 10 10 0 0
Not reported or not computed 638 535 103 18 8 77
Median 5- 5- 5- 5- 5- 5-
Acquired 2000 and 2001 (part) 192 149 43 24 0 19

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