CONTRACT RENT
The data on contract rent (also referred to as "rent asked" for vacant
units) were obtained from questionnaire item H7a, which was asked at all
occupied housing units that were rented for cash rent and all vacant
housing units that were for rent at the time of enumeration.
Housing units that are renter occupied without payment of cash rent are
shown separately as "No cash rent" in census data products. The
unit may be owned by friends or relatives who live elsewhere and who
allow occupancy without charge. Rent-free houses or apartments may be
provided to compensate caretakers, ministers, tenant farmers,
sharecroppers, or others.
Contract rent is the monthly rent agreed to or contracted for,
regardless of any furnishings, utilities, fees, meals, or services that
may be included. For vacant units, it is the monthly rent asked for the
rental unit at the time of enumeration.
If the contract rent includes rent for a business unit or for living
quarters occupied by another household, the respondent was instructed
to report that part of the rent estimated to be for his or her unit
only. Respondents were asked to report rent only for the housing unit
enumerated and to exclude any rent paid for additional units or for
business premises.
If a renter pays rent to the owner of a condominium or cooperative, and
the condominium fee or cooperative carrying charge is also paid by the
renter to the owner, the respondent was instructed to include the fee
or carrying charge.
If a renter receives payments from lodgers or roomers who are listed as
members of the household, the respondent was instructed to report the
rent without deduction for any payments received from the lodgers or
roomers. The respondent was instructed to report the rent agreed to or
contracted for even if paid by someone else such as friends or
relatives living elsewhere, or a church or welfare agency.
In some tabulations, contract rent is presented for all renter-occupied
housing units, as well as specified renter-occupied and vacant-for-rent
units. Specified renter-occupied and specified vacant-for-rent units
exclude one-family houses on 10 or more acres. (For more information on
rent, see the discussion under "Gross Rent.")
Median and Quartile Contract Rent--The median divides the rent distribution
into two equal parts.
Quartiles divide the rent distribution into four equal parts. In
computing median and quartile contract rent, units reported as "No
cash rent" are excluded. Median and quartile rent calculations are
rounded to the nearest whole dollar. (For more information on medians
and quartiles, see the discussion under "Derived Measures.")
Aggregate Contract Rent--To calculate aggregate contract rent, the amount
assigned for the category "Less than $80" is $50. The amount assigned to
the category "$1,000 or more" is $1,250. Mean contract rent is
rounded to the nearest whole dollar. (For more information on
aggregates and means, see the discussion under "Derived Measures.")
Limitation of the Data--In the 1970 and 1980 censuses, contract rent for
vacant units had high allocation rates, about 35 percent.
Comparability--Data on this item have been collected since 1930. For 1990,
quartiles were added because the range of rents and values in the United
States has increased in recent years. Upper and lower quartiles can be used
to note large rent and value differences among various geographic areas.
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