US CENSUS BUREAU: New Census Bureau Data Highlight Changes in Housing Values Through 2005 1

Among the nation's largest cities, some of the highest percent increases in real median home values between 2000 and 2005 were found in San Diego (127.2 percent), Los Angeles (110.2) and New York (79.1). In the smaller cities, with 65,000 population or more, some of the highest percentage incre...

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Bibliographic Details
Published inM2 Presswire p. 1
Format Newsletter
LanguageEnglish
Published Coventry Normans Media Ltd 03.10.2006
Subjects
Censuses
Costs
Housing
Population
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Summary:Among the nation's largest cities, some of the highest percent increases in real median home values between 2000 and 2005 were found in San Diego (127.2 percent), Los Angeles (110.2) and New York (79.1). In the smaller cities, with 65,000 population or more, some of the highest percentage increases in real median home values were found in Boynton Beach, Fla. (120.3 percent); Folsom, Calif. (99.5)1; and Redondo Beach, Calif. (91.7). Among the smallest cities covered in the 2005 ACS data release with populations of 65,000 or more, Newport Beach and Santa Barbara, Calif., were the only two cities with a median home value of a million dollars or more. The 2005 ACS estimates are based on an annual, nationwide household sample of about 250,000 addresses per month, or 2.5 percent of the population a year. Geographic areas for which data are available are based on total populations of 65,000 or more. The ACS estimates released are for the household population, which may be smaller than its total population. As is the case with all surveys, statistics from sample surveys are subject to sampling and nonsampling error. "Due to a technical correction of the 2005 ACS data, certain data tables covering income characteristics that were released on August 29, 2006 will be reissued on October 19, 2006. The ACS Public Use Microdata File (PUMS) will be reissued today (October 3, 2006). The technical correction affects a limited number of geographic areas and is within the standard error of all estimates. For more information on the tables and variables affected see http:// www.census.gov/acs/www/UseData/Errata.htm."