| In
current dollars |
1993(b) |
1996(b) |
Percent
Change 1993-1996 |
| Median
gross rent |
$551 |
$630 |
+14.3% |
| Median
contract rent |
$501 |
$593 |
+18.4 |
| CPI(a) |
154.0 |
166.0 |
+
7.8 |
| In
April 1996 dollars |
|
|
|
| Median
gross rent |
$594 |
$630 |
+
6.1 |
| Median
contract rent |
$540 |
$593 |
+
9.8 |
Source:
U.S. Bureau of the Census, 1993 and 1996 New York City
Housing and Vacancy Surveys.
Notes:
(a)
Consumer Price Index for All Urban Consumers for New
York- Northeast New Jersey-Long Island (1982-84=100), April
of each year, Bureau of Labor Statistics, U.S. Department
of Labor.
(b) In both the 1993 and 1996 HVSs, contract rent and/or
utility costs were unreported for some units. For the purpose
of comparing 1993 and 1996 rents in this and other rent
tables, unreported rents and/or utility costs are excluded
from the medians and distributions, as has always been
done for the HVS. However, it should be noted that the
Census Bureau will impute unreported values and provide
comparable 1993 and 1996 rent data this summer, using imputed
data. The imputed rents may be slightly different from
the reported rents presented in this table.
