| Variable | Description | Parameter estimate | Standard error | T-value | P-value > |t| |
|---|---|---|---|---|---|
|
Intercept |
Intercept | 7.006 | 0.070 | 100.61 | <.0001 |
|
Age |
Current year less the year a unit was built (whether known or imputed) | -0.015 | 0.002 | -8.52 | <.0001 |
|
Age2 |
Age squared | 0.000 | 0.000 | 5.05 | <.0001 |
|
Age3 |
Age cubed | 0.000 | 0.000 | -4.15 | <.0001 |
|
AGE65PLS |
The percentage of the block group’s population that are ages 65 years and older | 0.038 | 0.051 | 0.74 | 0.461 |
|
Ageallrm |
Age times the total number of rooms | 0.001 | 0.000 | 5.88 | <.0001 |
|
Agedtchd |
Age for single, detached structures (0 otherwise) | 0.001 | 0.000 | 1.12 | 0.264 |
|
Ageold |
Age of structures built between 1900 and 1919 (0 otherwise) | 0.001 | 0.001 | 1.93 | 0.054 |
|
Adjavgagi |
The average adjusted gross income for a zip code expressed as a ratio of the average adjusted gross income for the CPI pricing area | 0.100 | 0.008 | 12.30 | <.0001 |
|
Bath |
Total number of full and half bathrooms | 0.070 | 0.023 | 3.06 | 0.002 |
|
Bathsq |
Bath squared | 0.007 | 0.005 | 1.29 | 0.197 |
|
Bedn |
Number of bedrooms | 0.169 | 0.014 | 11.98 | <.0001 |
|
Bedsq |
Bedn squared | -0.017 | 0.003 | -6.66 | <.0001 |
|
Cntrlair |
To indicate if a unit has central air-conditioning | 0.019 | 0.012 | 1.61 | 0.108 |
|
Detached |
To indicate if a structure is single family, detached | 0.039 | 0.023 | 1.67 | 0.095 |
|
Elecheat |
To indicate if a unit’s heating is electric | 0.129 | 0.036 | 3.55 | 0.000 |
|
Elecincl |
To indicate if electricity is included in the rent | 0.008 | 0.025 | 0.34 | 0.734 |
|
Gasheat |
To indicate if a unit’s heating fuel is natural gas | 0.133 | 0.036 | 3.66 | 0.000 |
|
Heatincl |
To indicate if heating is included in the rent | -0.019 | 0.020 | -0.94 | 0.349 |
|
LARGBLDG |
The percentage of the block group’s housing units in structures with 50 or more units | 0.031 | 0.038 | 0.82 | 0.410 |
|
LGHOCC |
Length of occupancy, or the number of months between the month a tenant moved into a unit and the most recent month of CPI Housing Survey data collection | -0.001 | 0.000 | -21.75 | <.0001 |
|
MOBLHOME |
The percentage of the block group’s housing units that are mobile homes or trailer units | -0.138 | 0.043 | -3.25 | 0.001 |
|
Otherair |
To indicate if a unit’s air-conditioning is swamp cooler, heat pump, or through-the-wall air conditioner | -0.009 | 0.014 | -0.61 | 0.543 |
|
Othrmn |
Number of other rooms, such as living rooms, kitchens, and finished basements | -0.008 | 0.006 | -1.25 | 0.210 |
|
RENTOCCP |
The percentage of the block group’s households that are renter households | 0.018 | 0.024 | 0.76 | 0.449 |
|
SCHOLAGE |
The percentage of the block group’s population that are ages 6 to 18 | -0.047 | 0.063 | -0.75 | 0.452 |
|
SOMCOLLG |
The percentage of the block group’s population ages 25 years and older with at least some college attendance or completion | 0.321 | 0.031 | 10.35 | <.0001 |
|
UNDRPVTY |
The percentage of the block group’s population for whom poverty status is determined as under the poverty line | -0.195 | 0.052 | -3.75 | 0.000 |
|
Wndowair |
To indicate if a unit’s air-conditioning is window air-conditioning units | -0.039 | 0.017 | -2.29 | 0.022 |
|
EXTRACHARGES |
To indicate that a unit’s rent includes any extra charges | 0.046 | 0.016 | 2.94 | 0.003 |
|
NEW_TENANT |
To indicate that the occupant(s) moved into the unit since the last time rent was collected | 0.087 | 0.011 | 8.27 | <.0001 |
|
ELEVATOR |
To indicate if the structure has an elevator | 0.060 | 0.015 | 4.02 | <.0001 |
|
MOBILEHOME |
To indicate if a structure is a mobile home | -0.203 | 0.034 | -5.95 | <.0001 |
|
IN_SENIOR_CMMTY |
To indicate that a unit is part of a senior-living residential community | 0.953 | 0.051 | 18.69 | <.0001 |
|
PCT_COLLEGE |
The percentage of the block group’s population ages 3 and older enrolled in undergraduate, graduate, or professional school | 0.142 | 0.064 | 2.24 | 0.025 |
|
DENSITY |
The log of total block group population divided by land area | 0.026 | 0.004 | 6.82 | <.0001 |
|
N48C |
Unit is in the Las Vegas-Henderson-Paradise, NV, CPI pricing area | -0.603 | 0.033 | -18.37 | <.0001 |
|
N48D |
Unit is in the Provo-Orem, UT, CPI pricing area | -0.728 | 0.030 | -24.43 | <.0001 |
|
N48E |
Unit is in the Yuma, AZ, CPI pricing area | -0.952 | 0.028 | -34.41 | <.0001 |
|
N48F |
Unit is in the St. George, UT, CPI pricing area | -0.776 | 0.029 | -26.56 | <.0001 |
|
S48A |
Unit is in the Phoenix-Mesa-Scottsdale, AZ, CPI pricing area | -0.572 | 0.025 | -22.87 | <.0001 |
|
S48B |
Unit is in the Denver-Aurora-Lakewood, CO, CPI pricing area | -0.405 | 0.024 | -16.82 | <.0001 |
|
N49H |
Unit is in the Portland-Vancouver-Hillsboro, OR-WA, CPI pricing area | -0.507 | 0.022 | -22.99 | <.0001 |
|
N49I |
Unit is in the Santa Rosa, CA, CPI pricing area | -0.223 | 0.026 | -8.55 | <.0001 |
|
N49J |
Unit is in the Chico, CA, CPI pricing area | -0.714 | 0.028 | -25.26 | <.0001 |
|
N49K |
Unit is in the Moses Lake, WA, CPI pricing area | -0.900 | 0.027 | -32.85 | <.0001 |
|
S49A |
Unit is in the Los Angeles-Long Beach-Anaheim, CA, CPI pricing area | -0.130 | 0.020 | -6.61 | <.0001 |
|
S49C |
Unit is in the Riverside-San Bernardino-Ontario, CA, CPI pricing area | -0.420 | 0.028 | -15.22 | <.0001 |
|
S49D |
Unit is in the Seattle-Tacoma-Bellevue, WA, CPI pricing area | -0.349 | 0.022 | -16.12 | <.0001 |
|
S49E |
Unit is in the San Diego-Carlsbad, CA, CPI pricing area | -0.120 | 0.023 | -5.21 | <.0001 |
|
S49F |
Unit is in the Urban Honolulu, HI, CPI pricing area | -0.084 | 0.050 | -1.67 | 0.095 |
|
S49G |
Unit is in the Anchorage, AK, CPI pricing area | -0.629 | 0.029 | -21.95 | <.0001 |
|
Note: CPI = Consumer Price Index. Source: U.S. Bureau of Labor Statistics. |
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