PolicyMap & the Federal Reserve Bank of Philadelphia
| Details | Housing Quality |
|---|---|
| Topics | estimated housing repair costs |
| Source | PolicyMap, the Federal Reserve Bank of Philadelphia, Census, Gordian |
| Years Available | 2018 |
| Geographies | metro area |
| Public Edition or Subscriber-only | Public Edition |
| Download Available | yes |
| For more information | policymap.com/solutions/housing-quality |
| Last updated on PolicyMap | September 2019 |
Description:
PolicyMap and the Federal Reserve Bank of Philadelphia developed estimates of housing repair costs for each occupied housing unit surveyed in the 2017 American Housing Survey, then aggregated them to the MSA level. The researchers developed a set of repair scenarios based on responses to questions about housing problems and structural characteristics and worked with construction experts at Gordian to arrive at estimated repair costs using their RSMeans database. This dataset was used to inform a national housing quality analysis. Estimated repair needs for the largest 15 Metropolitan Statistical Areas were calculated using this dataset and scaled based on local differences in construction costs. Cost estimates are provided in 2018 dollars. See policymap.com/issues/housing-quality for more information on this dataset.