|
CONDOMINIUM FEE
The data on condominium fee were obtained from answers to long-form questionnaire Item 52,
which was asked on a sample basis at owner-occupied condominiums. A condominium fee
normally is charged monthly to the owners of individual condominium units by the condominium
owners association to cover operating, maintenance, administrative, and improvement costs of
the common property (grounds, halls, lobby, parking areas, laundry rooms, swimming pool, etc.).
The costs for utilities and/or fuels may be included in the condominium fee if the units do not
have separate meters.
The data from this item were added to payments for mortgages (both first, second, home equity
loans, and other junior mortgages); real estate taxes; fire, hazard, and flood insurance payments;
and utilities and fuels to derive Selected Monthly Owner Costs and Selected Monthly Owner
Costs as a Percentage of Household Income in 1999 for condominium owners.
B52
U.S. Census Bureau, Census 2000
Comparability. Data on condominium fees were collected for the first time in 1990. In previous
decennial censuses, a question on whether a unit was part of a condominium also was asked. The
question on condominium status was not asked in Census 2000.
|