This indicator provides the median value of owned homes in the average neighborhood in which each racial group lives. For instance, if the value is $200,000 for blacks, this statistic is interpreted as "The average black person in this metro area lives in a neighborhood where the median value of owned homes is $200,000."
Excludes multi-family homes, homes on 10+ acres, and homes with businesses on the property. Excludes metro areas with less than 5,000 population of the specified racial/ethnic group.
U.S. Census Bureau, 2000 Census, Summary File 3 accessed through the Neighborhood Change Database. U.S. Census Bureau, 2000 Census, Summary File 1.