New HUD Research Tool Offers a Wealth of Housing Data


Writers, researchers, and those interested in housing market data have a great new tool to work (or play) with, courtesy of the U.S. Census
Bureau and the Department of Housing and Urban Development.  The American
data access tool, an interactive
source of information gathered from the 2011 American Housing Survey (AHS) has
a wealth of information on the nation’s homes and how their occupants live in,
finance, and feel about them.

wide range of specific topics is available in the database including the age of
the nation’s housing stock, home size and features including those for accessibility,
socio-economic characteristics of the householder, purchase price and type of
mortgage, housing problems, and recent home improvement activity.

tool is easy to use and to customize for specific searches.  For example, a visitor seeking information on
can quickly determine how many people over the age of 65 have reverse
mortgages (417,000) or the number of outstanding mortgages in the Northeast
region with interest rates exceeding 8 percent (389,000).  The number and type of first mortgages and home
equity loans outstanding (right down to whether they are the regular or lump
sum variety, credit limits, and the distribution of monthly payments); mortgage
balances, loan-to-value ratios, and dozens of other home financing facts.  Data is broken down by region, very broad
definitions of ethnicity, inside/outside MSAs, and is available for both
manufactured and conventional housing.      

and the Census provided us examples of other factoids that can be found using
the tool:   

  • The median year American homes were
    built was 1974, with owner-occupied units being slightly newer (1976 compared
    with 1972 for renter-occupied).
  • Single family homes and mobile homes
    have a median size of 1,800 square feet.
    Newer homes are larger (2,200) and owner occupied homes at 1,800 feet
    are larger than rented homes (1,300 square feet.)
  • Sixty-four percent of homes have at
    least three bedrooms as do 74 percent of homes built within the last four years.
    Fifty-two percent of all homes have two
    or more bathrooms and 83 percent of newer homes.
  • About two-thirds of homes have
    central air conditioning; eight in 10 units have a washing machine and clothes
  • Many homes have features to
    accommodate disabilities. Sixty-four
    percent had floors with no steps between rooms, 48 percent had entry level
    bathrooms, and 36 percent had first floor bedrooms.
  • Americans like their homes; 71
    percent give them at least an eight on a 10 point scale and 29 percent rate
    them at 10. Residents of new
    construction like their homes even better; 46 percent give their homes a 10.
  • On average, households pay $927 per
    month, or 24 percent of their household income, for housing. The cost is higher
    for residents of new construction, with median cost being $1,340 per month or
    24 percent of household income. Renters generally pay less in housing cost
    ($845 versus $1,008 for owners per month), but a higher percentage of their
    household income (31 percent versus 20 percent for owners).
  • More than a fifth (21 percent) of
    all primary mortgage holders reported a change in their monthly payment in the
    last 12 months. The main reason for their payment change was because of a
    change in property taxes or homeowners insurance (71 percent).
  • Of the 43,740 owned homes in which a
    home improvement had been made in the last two years, 35 percent replaced or
    added an appliance or some type of major equipment, 19 percent replaced or
    added plumbing fixtures and 17 percent replaced or added a heating and
    air-conditioning system.

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