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Residential Finance Survey: 2001 - West
Table 9-1e. 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
1261 804 458 194 12 339

PROPERTY CHARACTERISTICS


Property Location by Geographic Area

Inside MAs
855 562 294 127 3 213
In central cities 209 171 38 7 0 38
Not in central cities 646 390 255 121 3 175
Outside MAs 406 242 164 67 9 125

Manner of Acquisition

By purchase
1135 692 443 185 12 329
Placed one new mortgage 308 101 207 135 5 112
Placed two or more new mortgages 21 3 18 13 0 10
Assumed mortgage(s) already on property 8 0 8 5 0 8
Assumed mortgage(s) already on property
and placed new mortgage
3 0 3 3 0 3
Placed an installment loan or contract 331 145 185 19 3 183
Borrowed using assets other than this
property as collateral
23 20 3 3 0 0
Paid all cash-no borrowing 437 422 14 8 4 9
Other manner 4 0 4 0 0 4
By inheritance or gift 63 59 4 4 0 4
By divorce 10 10 0 0 0 0
By some other manner 30 28 2 0 0 2
Not reported 24 15 9 5 0 4

Source of Downpayment@1

Properties purchased
1995 to 2001 (part)
649 294 355 151 4 271
Sale of previous home 131 62 69 31 0 49
Sale of other real property or other
investments
19 5 14 6 0 9
Savings 333 130 203 78 4 160
Borrowing from a retirement plan 11 0 11 0 0 11
Borrowing using assets other than this
property as collateral
12 4 8 0 0 8
Proceeds from an insurance policy 6 3 3 0 0 3
Payments in a lease-purchase agreement 12 8 4 0 0 4
From a state or local government source 7 0 7 3 0 7
From a non-profit organization 0 0 0 0 0 0
From parents or relatives 50 14 35 16 0 29
Other 5 5 0 0 0 0
No downpayment required 120 72 47 25 0 32
Not reported 19 19 0 0 0 0
Other properties 608 505 103 43 8 67
Not reported 5 5 0 0 0 0

Year Property Acquired

1999 to 2001 (part)
345 177 167 60 0 140
1997 and 1998 226 114 112 58 4 77
1995 and 1996 132 55 78 33 0 56
1990 to 1994 224 160 63 25 5 45
1985 to 1989 119 99 21 8 0 13
1980 to 1984 90 84 7 2 0 4
1975 to 1979 59 54 5 3 3 3
1970 to 1974 44 40 4 4 0 0
1969 or earlier 22 22 0 0 0 0

Building and Land Acquisition

Acquired at same time
379 201 178 107 5 109
Not acquired at same time 296 207 88 40 6 60
Land not owned by building owner 567 385 182 43 0 165
Not reported 19 10 9 5 0 4

Property New or Previously Occupied When
Acquired

Acquired by purchase
1135 692 443 185 12 329
New 416 238 178 77 12 118
Previously occupied by someone else 705 449 256 105 0 203
Converted from non-residential use 4 0 4 4 0 4
Other 3 3 0 0 0 0
Not reported 7 3 4 0 0 4
Other properties 102 97 6 4 0 6
Not reported 24 15 9 5 0 4

Year Structure Built

1999 to March 2000
37 16 21 2 0 21
1997 and 1998 79 33 46 18 0 37
1995 and 1996 83 13 70 20 4 57
1990 to 1994 124 74 51 28 5 36
1980 to 1989 286 185 101 60 0 69
1970 to 1979 485 358 127 50 3 93
1969 or earlier 166 125 41 16 0 26

Purchase Price

Properties acquired by
purchase 1997 to 2001 (part)
524 244 279 118 4 217
Less than $5,000 52 41 11 7 0 4
$5,000 to $9,999 54 33 21 5 0 16
$10,000 to $14,999 57 42 15 4 0 15
$15,000 to $19,999 42 17 24 14 0 19
$20,000 to $29,999 41 21 20 10 0 15
$30,000 to $39,999 74 28 46 10 0 39
$40,000 to $49,999 43 13 30 15 0 28
$50,000 to $59,999 39 10 29 9 0 26
$60,000 to $79,999 59 22 37 18 0 24
$80,000 to $99,999 23 8 14 14 0 8
$100,000 or more 39 8 31 13 4 23
Median 32106 16736 40708 47009 100000+ 40251
Mean 39092 28381 48446 53521 125000 47192
Other properties 738 560 178 76 8 121

Value

Less than $5,000
126 114 12 8 0 4
$5,000 to $9,999 176 129 47 19 0 34
$10,000 to $14,999 124 83 41 7 0 38
$15,000 to $19,999 68 53 15 2 0 13
$20,000 to $29,999 150 91 59 35 5 39
$30,000 to $39,999 136 80 56 17 3 42
$40,000 to $49,999 91 63 28 11 0 26
$50,000 to $59,999 58 31 27 7 0 27
$60,000 to $79,999 136 75 61 11 4 49
$80,000 to $99,999 81 42 39 21 0 32
$100,000 or more 115 42 74 56 0 35
Median 29134 22464 39844 49194 31805 39975
Mean 40994 34358 52645 63999 34878 48480

Value of Capital Improvements

Properties with capital
improvements between 1998
and 2000
513 328 186 82 12 129
Less than $500 25 21 4 0 0 4
$500 to $999 81 63 17 6 3 11
$1,000 to $2,499 160 100 60 26 0 47
$2,500 to $4,999 104 66 38 18 4 23
$5,000 to $7,499 68 43 25 15 0 14
$7,500 to $9,999 27 14 13 4 0 13
$10,000 to $14,999 27 11 16 12 0 13
$15,000 to $19,999 9 6 3 3 0 0
$20,000 to $29,999 7 3 4 0 0 4
$30,000 or more 5 0 5 0 5 0
Median 2415 2196 3233 3838 4678 2779
Mean 6113 3122 11391 4547 116171 4331
Properties with no capital
improvements between 1998 and 2000
598 375 223 86 0 175
Capital improvements not
reported
151 101 49 26 0 34

Land Ownership

Yes
491 276 215 131 12 124
No 633 438 195 40 0 178
Not reported 138 91 47 24 0 37

Land Rent

Land not owned
633 438 195 40 0 178
Less than $500 39 28 10 4 0 6
$500 to $999 22 8 14 4 0 14
$1,000 to $1,499 3 0 3 0 0 3
$1,500 to $1,999 29 25 4 0 0 4
$2,000 to $2,499 54 41 13 2 0 11
$2,500 to $2,999 43 28 15 0 0 15
$3,000 or more 310 200 110 23 0 101
No cash rent 78 59 19 2 0 17
Not reported 55 49 7 4 0 7
Median 3000+ 3000+ 3000+ 3000+ 500- 3000+
Other properties 629 366 263 154 12 161

Purchase Price as Percent of Value@8

Acquired by purchase
1135 692 443 185 12 329
Purchased 1997 to 2001 (part) 524 244 279 118 4 217
Less than 60 percent 44 12 32 11 0 29
60 to 69 percent 59 22 37 23 0 18
70 to 79 percent 38 19 19 11 0 15
80 to 99 percent 67 17 50 28 0 37
100 percent or more 308 166 141 45 4 119
Median 100+ 100+ 100+ 90 100+ 100+
Purchased 1990 to 1996 (part) 318 187 131 55 5 91
Less than 40 percent 0 0 0 0 0 0
40 to 59 percent 42 31 11 3 0 8
60 to 79 percent 46 21 25 18 0 13
80 to 99 percent 45 27 19 10 0 16
100 percent or more 185 108 77 24 5 55
Median 100+ 100+ 100+ 93 100+ 100+
Purchased 1989 or earlier 293 261 32 12 3 20
Less than 20 percent 22 19 3 3 0 0
20 to 39 percent 18 13 4 4 0 0
40 to 59 percent 39 36 4 0 0 4
60 to 79 percent 40 37 3 0 0 3
80 to 99 percent 33 26 7 3 0 7
100 percent or more 141 130 11 2 3 6
Median 96 99 85 33 100+ 89
Not acquired by purchase 126 111 15 9 0 10

Value-Income Ratio

Less than 1.0
576 402 174 60 5 130
1.0 to 1.4 164 76 87 35 6 63
1.5 to 1.9 97 55 42 10 0 42
2.0 to 2.4 72 45 28 17 0 19
2.5 to 2.9 59 35 23 19 0 10
3.0 to 3.4 26 13 13 7 0 10
3.5 to 3.9 19 13 6 6 0 0
4.0 or more 133 81 52 31 0 37
Not reported or not computed 115 84 32 9 0 27
Median 1.0 0.9 1.2 1.5 1.0 1.2

Age Restrictions

Mobile home restricted to people
age 55 or older
271 221 50 21 0 35
Mobile home not restricted to people
age 55 or older
914 526 388 163 12 287
Not reported 76 57 19 10 0 16

Type of Property Benefits@1

Government-sponsored below-market
interest rate mortgage loan
0 0 0 0 0 0
Other government grant or subsidy 4 0 4 0 0 4
Property tax relief 14 9 5 0 5 0
Subsidy from a non-profit corporation 0 0 0 0 0 0
None of the above benefits 932 612 321 135 6 224
Not reported 311 183 127 59 0 110

Source of Property Benefits@1

With property benefits
18 9 10 0 5 4
Federal government 5 0 5 0 5 0
State government 10 6 4 0 0 4
Local government 5 5 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 932 612 321 135 6 224
Not reported 311 183 127 59 0 110

Reason for Benefits@1

With property benefits
18 9 10 0 5 4
Occupied by low- or moderate-income
individuals
13 9 4 0 0 4
Occupied by elderly or disabled
individuals
7 7 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 0 0 0 0 0 0
Covered by a Community Land Trust 0 0 0 0 0 0
Covered by disaster relief 0 0 0 0 0 0
Other reason 5 0 5 0 5 0
Not reported 0 0 0 0 0 0
With no property benefits 932 612 321 135 6 224
Not reported 311 183 127 59 0 110

OWNER CHARACTERISTICS


Owner Status

1 owner
629 428 201 99 0 153
2 owners 616 368 248 92 12 181
3 or more owners 16 8 8 3 0 5

Age of Owner

Under 25
26 12 14 0 0 14
25 to 34 114 36 78 30 0 62
35 to 44 169 74 95 50 0 74
45 to 54 236 129 108 41 5 81
55 to 64 201 129 72 33 6 37
65 to 74 208 173 34 12 0 25
75 and over 185 163 22 12 0 19
Not reported 122 88 34 15 0 26
Median 56 63 47 47 55 45

Race of Owner

White alone
1143 746 397 172 12 285
Black or African American alone 25 8 16 0 0 16
American Indian or Alaska Native alone 57 32 25 6 0 25
Asian alone 18 10 7 7 0 0
Native Hawaiian or Other Pacific
Islander alone
0 0 0 0 0 0
Two or more races 19 6 12 9 0 12

Sex of Owner

Male/Male and female co-owners
911 567 344 141 12 246
Female 350 236 114 53 0 92

Hispanic/Latino Origin

Hispanic/Latino owner(s) only
109 41 67 12 0 59
No Hispanic/Latino owner(s) 1153 762 390 182 12 280

Veteran Status@1

Veteran
359 264 95 45 9 60
Active member of Reserves or National
Guard for at least 6 years
33 19 14 7 0 10
Persian Gulf War or after
(August 1990 to present)
19 4 14 6 5 9
Vietnam or after
(August 1964 to July 1990)
144 103 41 25 5 21
Korean conflict or after
(July 1950 to July 1964)
112 76 35 12 4 22
World War II or after
(September 1940 to June 1950)
101 92 9 4 0 4
Nonveteran 793 463 330 136 3 252
Not reported 109 77 32 13 0 26

Income

Less than $5,000
147 110 38 12 0 33
$5,000 to $9,999 72 65 8 5 0 5
$10,000 to $14,999 122 94 28 16 0 14
$15,000 to $19,999 115 67 47 36 0 36
$20,000 to $24,999 129 87 42 10 3 33
$25,000 to $29,999 133 88 45 27 0 27
$30,000 to $34,999 84 38 46 15 0 34
$35,000 to $39,999 78 43 35 10 0 25
$40,000 to $49,999 120 72 47 12 4 41
$50,000 to $59,999 60 25 35 17 5 16
$60,000 to $79,999 130 57 73 29 0 67
$80,000 to $99,999 47 41 5 0 0 5
$100,000 to $119,999 15 11 4 0 0 4
$120,000 or more 11 5 5 5 0 0
Median 26707 23761 32363 28463 48714 33186
Mean 33165 29435 39714 43437 43421 36333

Owned Home Previously

Previously owned home
777 542 235 114 9 162
Never owned home before 394 196 198 70 3 155
Not reported 91 66 25 10 0 22

RECURRING EXPENSES


Real Estate Tax

Acquired before 2000
1011 693 319 140 12 227
Less than $100 403 306 97 30 0 75
$100 to $199 90 60 30 13 0 20
$200 to $299 88 60 27 19 0 18
$300 to $399 102 79 24 14 0 10
$400 to $499 40 16 24 11 0 21
$500 to $599 38 25 13 7 0 13
$600 to $699 40 27 13 4 0 8
$700 to $799 21 10 10 5 0 9
$800 to $899 26 5 21 9 0 21
$900 to $999 8 5 3 0 3 0
$1,000 to $1,249 48 26 22 8 9 5
$1,250 to $1,499 14 9 4 4 0 0
$1,500 to $1,999 7 5 3 0 0 3
$2,000 to $2,499 23 10 13 9 0 13
$2,500 or more 29 14 15 7 0 12
Not reported 35 35 0 0 0 0
Median 194 138 320 366 1088 303
Mean 507 465 594 710 1028 590
Acquired 2000 and 2001 (part) 250 111 139 54 0 112

Real Estate Tax Per $1,000 Value

Acquired before 2000
1011 693 319 140 12 227
Less than $5 418 303 115 35 0 87
$5 to $9 185 124 61 39 0 37
$10 to $14 130 76 54 21 0 45
$15 to $19 64 35 29 9 4 26
$20 to $24 24 21 3 3 0 3
$25 to $29 15 13 2 2 0 0
$30 to $39 23 16 7 0 3 4
$40 to $49 13 6 6 6 0 0
$50 to $59 36 5 30 25 5 13
$60 or more 69 57 12 0 0 12
Not reported or not computed 35 35 0 0 0 0
Median 6 6 8 9 38 8
Acquired 2000 and 2001 (part) 250 111 139 54 0 112

Rental and vacant mobile homes
331 248 83 30 0 62

PROPERTY CHARACTERISTICS


Property Location by Geographic Area

Inside MAs
183 140 43 22 0 21
In central cities 38 32 7 7 0 0
Not in central cities 145 108 36 15 0 21
Outside MAs 149 108 40 8 0 40

Manner of Acquisition

By purchase
258 175 83 30 0 62
Placed one new mortgage 68 25 43 22 0 30
Placed two or more new mortgages 0 0 0 0 0 0
Assumed mortgage(s) already on property 17 8 8 8 0 0
Assumed mortgage(s) already on property
and placed new mortgage
0 0 0 0 0 0
Placed an installment loan or contract 56 32 24 0 0 24
Borrowed using assets other than this
property as collateral
0 0 0 0 0 0
Paid all cash-no borrowing 109 109 0 0 0 0
Other manner 8 0 8 0 0 8
Through a tax free exchange of
other rental property
0 0 0 0 0 0
Through foreclosure or
assignment
7 7 0 0 0 0
By inheritance or gift 19 19 0 0 0 0
By divorce 0 0 0 0 0 0
By some other manner 36 36 0 0 0 0
Not reported 12 12 0 0 0 0

Source of Downpayment@1

Properties purchased
1995 to 2001 (part)
96 66 29 0 0 29
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
4 4 0 0 0 0
Sale of land or other real estate 5 5 0 0 0 0
Owner's cash, bank deposits,
share accounts, or bonds
56 44 13 0 0 13
Borrowing from a retirement plan 0 0 0 0 0 0
Borrowing using assets other than this
property as collateral
3 3 0 0 0 0
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 0 0 0 0 0 0
Other cash source 8 0 8 0 0 8
Non-cash source 4 4 0 0 0 0
No downpayment required 12 12 0 0 0 0
Not reported 0 0 0 0 0 0
Other properties 236 182 54 30 0 32
Not reported 0 0 0 0 0 0

Year Property Acquired

1999 to 2001 (part)
47 39 8 0 0 8
1997 and 1998 51 39 13 0 0 13
1995 and 1996 17 8 8 0 0 8
1990 to 1994 47 34 13 8 0 13
1985 to 1989 84 58 26 22 0 4
1980 to 1984 64 48 15 0 0 15
1975 to 1979 4 4 0 0 0 0
1970 to 1974 17 17 0 0 0 0
1969 or earlier 0 0 0 0 0 0

Building and Land Acquisition

Acquired at same time
149 89 60 30 0 38
Not acquired at same time 85 79 7 0 0 7
Land not owned by building owner 79 62 17 0 0 17
Not reported 19 19 0 0 0 0

Property New or Previously Owned When
Acquired

Acquired by purchase
258 175 83 30 0 62
New 106 65 40 8 0 40
Previously owned 153 109 43 22 0 21
As residential property 153 109 43 22 0 21
Converted from nonresidential use 0 0 0 0 0 0
Other 0 0 0 0 0 0
Not reported 0 0 0 0 0 0
Other properties 62 62 0 0 0 0
Not reported 12 12 0 0 0 0

Year Structure Built

1999 to March 2000
8 0 8 0 0 8
1997 and 1998 11 3 8 0 0 8
1995 and 1996 24 15 8 0 0 8
1990 to 1994 8 0 8 8 0 8
1980 to 1989 102 78 25 13 0 11
1970 to 1979 133 117 17 8 0 8
1969 or earlier 44 36 9 0 0 9

Purchase Price

Properties acquired by
purchase 1997 to 2001 (part)
82 61 21 0 0 21
Less than $5,000 18 18 0 0 0 0
$5,000 to $9,999 14 14 0 0 0 0
$10,000 to $14,999 7 7 0 0 0 0
$15,000 to $19,999 0 0 0 0 0 0
$20,000 to $29,999 7 7 0 0 0 0
$30,000 to $39,999 16 8 8 0 0 8
$40,000 to $49,999 14 6 8 0 0 8
$50,000 to $59,999 0 0 0 0 0 0
$60,000 to $79,999 0 0 0 0 0 0
$80,000 to $99,999 4 0 4 0 0 4
$100,000 or more 1 1 0 0 0 0
Median 23173 9510 42553 5000- 5000- 42553
Mean 26439 18193 50291 0 0 50291
Other properties 250 187 62 30 0 41

Value

Less than $5,000
57 53 4 0 0 4
$5,000 to $9,999 32 24 8 8 0 0
$10,000 to $14,999 27 20 7 7 0 0
$15,000 to $19,999 23 15 8 0 0 8
$20,000 to $29,999 23 23 0 0 0 0
$30,000 to $39,999 42 14 28 0 0 28
$40,000 to $49,999 35 16 19 7 0 13
$50,000 to $59,999 20 20 0 0 0 0
$60,000 to $79,999 26 26 0 0 0 0
$80,000 to $99,999 8 0 8 8 0 8
$100,000 or more 37 37 0 0 0 0
Median 30737 25248 35032 40046 5000- 36536
Mean 46060 50132 33948 40244 0 39194

Purchase Price as Percent of Value@8

Acquired by purchase
258 175 83 30 0 62
Purchased 1997 to 2001 (part) 82 61 21 0 0 21
Less than 60 percent 0 0 0 0 0 0
60 to 69 percent 6 6 0 0 0 0
70 to 79 percent 5 5 0 0 0 0
80 to 99 percent 20 11 8 0 0 8
100 percent or more 51 39 13 0 0 13
Median 100+ 100+ 100+ 60- 60- 100+
Purchased 1990 to 1996 (part) 53 32 21 8 0 21
Less than 40 percent 0 0 0 0 0 0
40 to 59 percent 8 0 8 8 0 8
60 to 79 percent 8 8 0 0 0 0
80 to 99 percent 12 7 4 0 0 4
100 percent or more 25 17 8 0 0 8
Median 97 100+ 89 50 40- 89
Purchased 1989 or earlier 123 82 41 22 0 20
Less than 20 percent 6 6 0 0 0 0
20 to 39 percent 0 0 0 0 0 0
40 to 59 percent 7 7 0 0 0 0
60 to 79 percent 4 4 0 0 0 0
80 to 99 percent 14 7 7 7 0 0
100 percent or more 92 58 35 15 0 20
Median 100+ 100+ 100+ 100+ 20- 100+
Not acquired by purchase 73 73 0 0 0 0

Value of Capital Improvements

Properties with capital
improvements between 1998
and 2000
123 74 49 22 0 28
Less than $500 21 4 17 0 0 17
$500 to $999 6 6 0 0 0 0
$1,000 to $2,499 15 15 0 0 0 0
$2,500 to $4,999 30 23 7 0 0 7
$5,000 to $7,499 29 15 13 13 0 0
$7,500 to $9,999 0 0 0 0 0 0
$10,000 to $14,999 7 7 0 0 0 0
$15,000 to $19,999 7 3 4 0 0 4
$20,000 to $29,999 0 0 0 0 0 0
$30,000 or more 8 0 8 8 0 0
Median 4134 3742 5230 7042 500- 500-
Mean 7935 4293 13344 26333 0 3251
Properties with no capital
improvements between 1998 and 2000
170 145 25 0 0 25
Capital improvements not
reported
38 30 8 8 0 8

Monthly Rental Receipts

Acquired before 2000
301 218 83 30 0 62
Less than $100 0 0 0 0 0 0
$100 to $199 8 8 0 0 0 0
$200 to $299 34 26 8 0 0 8
$300 to $399 42 29 13 0 0 13
$400 to $499 32 25 7 7 0 0
$500 to $599 30 7 23 7 0 17
$600 to $799 15 15 0 0 0 0
$800 to $999 7 7 0 0 0 0
$1000 or more 79 57 21 17 0 13
No rental receipts 56 45 11 0 0 11
Median 525 497 535 1000+ 100- 525
Mean 4576 5890 1143 2182 0 973
Acquired 2000 and 2001 (part) 30 30 0 0 0 0

Rental Receipts as Percent of Value@8

Acquired before 2000
301 218 83 30 0 62
Less than 5 percent 1 1 0 0 0 0
5 to 9 percent 21 8 13 0 0 13
10 to 14 percent 23 14 8 0 0 8
15 to 19 percent 32 17 15 7 0 8
20 to 24 percent 7 7 0 0 0 0
25 to 29 percent 0 0 0 0 0 0
30 to 39 percent 6 6 0 0 0 0
40 percent or more 157 121 36 23 0 21
Median 40+ 40+ 40+ 40+ 5- 17
Acquired 2000 and 2001 (part) 30 30 0 0 0 0

Rental Vacancy Losses as Percent of
Potential Receipts

Acquired before 2000
301 218 83 30 0 62
Less than 1.0 percent 90 60 30 13 0 17
1.0 to 2.9 percent 7 7 0 0 0 0
3.0 to 4.9 percent 0 0 0 0 0 0
5.0 to 6.9 percent 0 0 0 0 0 0
7.0 to 8.9 percent 0 0 0 0 0 0
9.0 to 10.9 percent 8 0 8 8 0 0
11.0 to 12.9 percent 0 0 0 0 0 0
13.0 to 14.9 percent 0 0 0 0 0 0
15.0 percent or more 37 29 8 0 0 8
Not reported or not computed 159 123 36 8 0 36
Median 0.8 0.8 0.8 0.8 0.0 0.7
Acquired 2000 and 2001 (part) 30 30 0 0 0 0

Age Restrictions

Mobile home restricted to people
age 55 or older
51 51 0 0 0 0
Mobile home not restricted to people
age 55 or older
270 187 83 30 0 62
Not reported 10 10 0 0 0 0

Type of Property Benefits@1

Government-sponsored below-market
interest rate mortgage loan
0 0 0 0 0 0
Government rental subsidy 15 15 0 0 0 0
Government grant 0 0 0 0 0 0
Property tax relief 0 0 0 0 0 0
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 272 197 75 22 0 53
Not reported 37 28 8 8 0 8

Source of Property Benefits@1

With property benefits
23 23 0 0 0 0
Federal government 15 15 0 0 0 0
State government 0 0 0 0 0 0
Local government 8 8 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 272 197 75 22 0 53
Not reported 37 28 8 8 0 8

Reason for Benefits@1

With property benefits
23 23 0 0 0 0
Occupied by low- or moderate-income
individuals
23 23 0 0 0 0
Occupied by elderly or disabled
individuals
7 7 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 0 0 0 0 0 0
Covered by a Community Land Trust 0 0 0 0 0 0
Covered by disaster relief 0 0 0 0 0 0
Other reason 0 0 0 0 0 0
Not reported 0 0 0 0 0 0
With no property benefits 272 197 75 22 0 53
Not reported 37 28 8 8 0 8

OWNER CHARACTERISTICS


Type of Owner

Individual investor(s)
296 213 83 30 0 62
Limited partnership 17 17 0 0 0 0
Joint venture 0 0 0 0 0 0
General partnership 0 0 0 0 0 0
Life insurance company 5 5 0 0 0 0
Depository institution 0 0 0 0 0 0
Public real estate investment trust 0 0 0 0 0 0
Private real estate investment trust 0 0 0 0 0 0
Corporation - other than real estate
investment trust
7 7 0 0 0 0
Housing cooperative organization 0 0 0 0 0 0
Non-profit or church-related institution 0 0 0 0 0 0
Pension fund 0 0 0 0 0 0
Fraternal organization 0 0 0 0 0 0
Other 6 6 0 0 0 0

RECURRING EXPENSES


Real Estate Tax

Acquired before 2000
301 218 83 30 0 62
Less than $100 79 70 8 0 0 8
$100 to $199 9 9 0 0 0 0
$200 to $299 41 17 24 0 0 24
$300 to $399 26 18 8 8 0 0
$400 to $499 13 13 0 0 0 0
$500 to $599 4 0 4 0 0 4
$600 to $699 22 7 15 7 0 8
$700 to $799 8 0 8 8 0 8
$800 to $899 4 0 4 0 0 4
$900 to $999 0 0 0 0 0 0
$1,000 to $1,249 31 31 0 0 0 0
$1,250 to $1,499 0 0 0 0 0 0
$1,500 to $1,999 0 0 0 0 0 0
$2,000 to $2,499 7 0 7 7 0 0
$2,500 or more 15 15 0 0 0 0
Not reported 43 38 4 0 0 4
Median 304 262 390 700 100- 286
Mean 1040 1256 550 901 0 401
Acquired 2000 and 2001 (part) 30 30 0 0 0 0

Real Estate Tax Per $1,000 Value

Acquired before 2000
301 218 83 30 0 62
Less than $5 63 55 8 0 0 8
$5 to $9 73 41 32 8 0 32
$10 to $14 32 21 11 7 0 4
$15 to $19 0 0 0 0 0 0
$20 to $24 8 8 0 0 0 0
$25 to $29 14 14 0 0 0 0
$30 to $39 0 0 0 0 0 0
$40 to $49 17 8 8 0 0 8
$50 to $59 8 0 8 8 0 0
$60 or more 44 33 11 7 0 4
Not reported or not computed 43 38 4 0 0 4
Median 9 9 9 14 5- 8
Acquired 2000 and 2001 (part) 30 30 0 0 0 0

Real Estate Tax as Percent of Rental
Receipts

Acquired before 2000
301 218 83 30 0 62
Less than 5 percent 104 67 38 17 0 29
5 to 9 percent 56 32 23 7 0 17
10 to 14 percent 10 6 4 0 0 4
15 to 19 percent 7 7 0 0 0 0
20 to 24 percent 15 15 0 0 0 0
25 to 29 percent 0 0 0 0 0 0
30 to 34 percent 8 8 0 0 0 0
35 to 39 percent 0 0 0 0 0 0
40 percent or more 8 1 7 7 0 0
Not reported or not computed 94 83 11 0 0 11
Median 5- 5 5- 5- 5- 5-
Acquired 2000 and 2001 (part) 30 30 0 0 0 0

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