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Changes to Housing Cost Estimates
Beginning in 2020, the Census Bureau implemented changes to processing for several housing cost variables collected in the American Community Survey (ACS).
The maximum allowed value for several variables was increased for the 2020 data. The variables include contract rent (maximum $10,000 per month), property taxes ($99,999 annually), electric and gas costs ($9,999 monthly), water costs ($9,000 annually), mobile home fees ($99,999 annually) and condominium fees ($5,000 monthly). These processing changes were a result of research into high-cost areas, which found that some geographies were trending towards reported values that would exceed the existing cutoffs. By increasing the cutoff values, the ACS can accurately report on the costs incurred by respondents from all areas of the country. As a result of this change, for some geographic areas, the distribution of costs might appear higher than it has in years past.
Page Last Revised - November 3, 2021
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