| Variable | Description | Parameter estimate | Standard error | T-value | P-value > |t| |
|---|---|---|---|---|---|
|
Intercept |
Intercept | 6.5624 | 0.0635 | 103.30 | <.0001 |
|
Age |
Current year less the year a unit was built (whether known or imputed) | -0.0165 | 0.0012 | -14.22 | <.0001 |
|
Age2 |
Age squared | 0.0002 | 0.0000 | 7.52 | <.0001 |
|
Age3 |
Age cubed | 0.0000 | 0.0000 | -5.04 | <.0001 |
|
AGE65PLS |
The percentage of the block group’s population that are ages 65 years and older | -0.1868 | 0.0371 | -5.03 | <.0001 |
|
Ageallrm |
Age times the total number of rooms | 0.0005 | 0.0001 | 6.83 | <.0001 |
|
Agedtchd |
Age for single, detached structures (0 otherwise) | -0.0006 | 0.0003 | -1.64 | 0.101 |
|
Ageold |
Age of structures built between 1900 and 1919 (0 otherwise) | 0.0005 | 0.0005 | 0.86 | 0.392 |
|
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 | 0.0876 | 0.0058 | 15.07 | <.0001 |
|
Bath |
Total number of full and half bathrooms | 0.1165 | 0.0180 | 6.48 | <.0001 |
|
Bathsq |
Bath squared | -0.0017 | 0.0042 | -0.42 | 0.678 |
|
Bedn |
Number of bedrooms | 0.0697 | 0.0130 | 5.39 | <.0001 |
|
Bedsq |
Bedn squared | 0.0005 | 0.0026 | 0.21 | 0.836 |
|
Cntrlair |
To indicate if a unit has central air-conditioning | 0.1600 | 0.0402 | 3.98 | <.0001 |
|
Detached |
To indicate if a structure is single family, detached | 0.0998 | 0.0171 | 5.83 | <.0001 |
|
Elecheat |
To indicate if a unit’s heating is electric | -0.0634 | 0.0329 | -1.93 | 0.054 |
|
Elecincl |
To indicate if electricity is included in the rent | 0.1154 | 0.0225 | 5.12 | <.0001 |
|
Gasheat |
To indicate if a unit’s heating fuel is natural gas | -0.0341 | 0.0327 | -1.04 | 0.298 |
|
Heatincl |
To indicate if heating is included in the rent | 0.0292 | 0.0200 | 1.46 | 0.144 |
|
LARGBLDG |
The percentage of the block group’s housing units in structures with 50 or more units | 0.1225 | 0.0263 | 4.66 | <.0001 |
|
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 | -0.0011 | 0.0000 | -21.55 | <.0001 |
|
MOBLHOME |
The percentage of the block group’s housing units that are mobile homes or trailer units | -0.0312 | 0.0381 | -0.82 | 0.413 |
|
Otherair |
To indicate if a unit’s air-conditioning is swamp cooler, heat pump, or through-the-wall air conditioner | 0.0474 | 0.0438 | 1.08 | 0.280 |
|
Othrmn |
Number of other rooms, such as living rooms, kitchens, and finished basements | 0.0071 | 0.0046 | 1.56 | 0.119 |
|
RENTOCCP |
The percentage of the block group’s households that are renter households | 0.0727 | 0.0162 | 4.48 | <.0001 |
|
SCHOLAGE |
The percentage of the block group’s population that are ages 6 to 18 | -0.0531 | 0.0441 | -1.21 | 0.228 |
|
SOMCOLLG |
The percentage of the block group’s population ages 25 years and older with at least some college attendance or completion | 0.4113 | 0.0228 | 18.06 | <.0001 |
|
UNDRPVTY |
The percentage of the block group’s population for whom poverty status is determined as under the poverty line | -0.1908 | 0.0327 | -5.84 | <.0001 |
|
Wndowair |
To indicate if a unit’s air-conditioning is window air-conditioning units | -0.0052 | 0.0411 | -0.13 | 0.900 |
|
EXTRACHARGES |
To indicate that a unit’s rent includes any extra charges | 0.0713 | 0.0112 | 6.37 | <.0001 |
|
NEW_TENANT |
To indicate that the occupant(s) moved into the unit since the last time rent was collected | 0.0755 | 0.0067 | 11.20 | <.0001 |
|
ELEVATOR |
To indicate if the structure has an elevator | 0.0214 | 0.0115 | 1.86 | 0.064 |
|
MOBILEHOME |
To indicate if a structure is a mobile home | -0.2550 | 0.0171 | -14.92 | <.0001 |
|
IN_SENIOR_CMMTY |
To indicate that a unit is part of a senior-living residential community | 0.8683 | 0.0289 | 30.02 | <.0001 |
|
PCT_COLLEGE |
The percentage of the block group’s population ages 3 and older enrolled in undergraduate, graduate, or professional school | -0.1346 | 0.0432 | -3.11 | 0.002 |
|
DENSITY |
The log of total block group population divided by land area | 0.0371 | 0.0030 | 12.51 | <.0001 |
|
N35F |
Unit is in the Charlotte-Concord-Gastonia, NC-SC, CPI pricing area | -0.3318 | 0.0194 | -17.13 | <.0001 |
|
N35G |
Unit is in the Orlando-Kissimmee-Sanford, FL, CPI pricing area | -0.1677 | 0.0247 | -6.78 | <.0001 |
|
N35H |
Unit is in the Richmond, VA, CPI pricing area | -0.2713 | 0.0171 | -15.86 | <.0001 |
|
N35I |
Unit is in the Raleigh, NC, CPI pricing area | -0.2795 | 0.0165 | -16.96 | <.0001 |
|
N35J |
Unit is in the Greenville-Anderson-Mauldin, SC, CPI pricing area | -0.4389 | 0.0176 | -24.92 | <.0001 |
|
N35K |
Unit is in the Winston-Salem, NC, CPI pricing area | -0.5515 | 0.0219 | -25.21 | <.0001 |
|
N35L |
Unit is in the Cape Coral-Fort Myers, FL, CPI pricing area | -0.0992 | 0.0213 | -4.65 | <.0001 |
|
N35M |
Unit is in the Ocala, FL, CPI pricing area | -0.3283 | 0.0307 | -10.70 | <.0001 |
|
N35N |
Unit is in the Gainesville, FL, CPI pricing area | -0.2896 | 0.0197 | -14.70 | <.0001 |
|
N35O |
Unit is in the Wilmington, NC, CPI pricing area | -0.2966 | 0.0211 | -14.08 | <.0001 |
|
N35P |
Unit is in the Jacksonville, NC, CPI pricing area | -0.5180 | 0.0204 | -25.41 | <.0001 |
|
N35Q |
Unit is in the Clarksburg, WV, CPI pricing area | -0.5760 | 0.0196 | -29.41 | <.0001 |
|
S35B |
Unit is in the Miami-Fort Lauderdale-West Palm Beach, FL, CPI pricing area | 0.1305 | 0.0144 | 9.06 | <.0001 |
|
S35C |
Unit is in the Atlanta-Sandy Springs-Roswell, GA, CPI pricing area | -0.2026 | 0.0138 | -14.67 | <.0001 |
|
S35D |
Unit is in the Tampa-St. Petersburg-Clearwater, FL, CPI pricing area | -0.0980 | 0.0186 | -5.28 | <.0001 |
|
S35E |
Unit is in the Baltimore-Columbia-Towson, MD, CPI pricing area | -0.1389 | 0.0144 | -9.63 | <.0001 |
|
N36A |
Unit is in the Louisville/Jefferson County, KY-IN, CPI pricing area | -0.4985 | 0.0193 | -25.85 | <.0001 |
|
N36B |
Unit is in the Birmingham-Hoover, AL, CPI pricing area | -0.5274 | 0.0227 | -23.24 | <.0001 |
|
N36C |
Unit is in the Chattanooga, TN-GA, CPI pricing area | -0.4697 | 0.0231 | -20.34 | <.0001 |
|
N36D |
Unit is in the Huntsville, AL, CPI pricing area | -0.4985 | 0.0211 | -23.64 | <.0001 |
|
N36E |
Unit is in the Florence-Muscle Shoals, AL, CPI pricing area | -0.8523 | 0.0190 | -44.92 | <.0001 |
|
N36F |
Unit is in the Meridian, MS, CPI pricing area | -0.6298 | 0.0348 | -18.09 | <.0001 |
|
N37C |
Unit is in the San Antonio-New Braunfels, TX, CPI pricing area | -0.3731 | 0.0202 | -18.47 | <.0001 |
|
N37D |
Unit is in the Oklahoma City, OK, CPI pricing area | -0.5433 | 0.0181 | -30.10 | <.0001 |
|
N37E |
Unit is in the Baton Rouge, LA, CPI pricing area | -0.5591 | 0.0238 | -23.48 | <.0001 |
|
N37F |
Unit is in the Lafayette, LA, CPI pricing area | -0.5574 | 0.0223 | -24.98 | <.0001 |
|
N37G |
Unit is in the Brownsville-Harlingen, TX, CPI pricing area | -0.6143 | 0.0230 | -26.67 | <.0001 |
|
N37H |
Unit is in the Amarillo, TX, CPI pricing area | -0.5541 | 0.0185 | -29.89 | <.0001 |
|
N37I |
Unit is in the Russellville, AR, CPI pricing area | -0.8356 | 0.0237 | -35.27 | <.0001 |
|
N37J |
Unit is in the Paris, TX, CPI pricing area | -0.6317 | 0.0220 | -28.68 | <.0001 |
|
S37A |
Unit is in the Dallas-Fort Worth-Arlington, TX, CPI pricing area | -0.2467 | 0.0134 | -18.42 | <.0001 |
|
S37B |
Unit is in the Houston-The Woodlands-Sugar Land, TX, CPI pricing area | -0.3404 | 0.0144 | -23.63 | <.0001 |
|
Note: CPI = Consumer Price Index. Source: U.S. Bureau of Labor Statistics. |
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