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Report Number ACSBR/08-6
Ellen Wilson
Component ID: #ti356870230


This report is one of a series produced to highlight results from the 2008 American Community Survey (ACS), focusing on changes between the 2007 ACS and the 2008 ACS. The report series is designed to cover a variety of economic topics, such as poverty, occupation, home values, and labor force participation. This series provides information about the changing economic characteristics of the nation and states, the District of Columbia, and Puerto Rico. The ACS also provides detailed estimates of demographic, social, economic, and housing characteristics for congressional districts, counties, places, and other localities every year. A description of the ACS is provided in the text box “What Is the American Community Survey?”

This report presents data on property value at the national and state levels based on the 2007 ACS and 2008 ACS. On the ACS, the value of a home is the owner’s estimate of what the house and lot would sell for if it were on the market. Median value estimates for 2007 were inflation-adjusted to 2008 dollars. Comparisons between the 2007 ACS and 2008 ACS should be interpreted with caution because of a change to the 2008 ACS value question.

The data contained in this report are based on ACS samples that were selected for interview in 2007 and 2008 and are estimates of the actual figures that could have been obtained by interviewing the entire population using the same methodology. All comparisons presented in this report have taken sampling error into account and are significant at the 90 percent confidence level unless noted otherwise. Due to rounding, some details may not sum to totals. For information on sampling and estimation methods, confidentiality protection, and sampling and nonsampling errors, please see the “2008 ACS Accuracy of the Data” document located at <>.

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