United States. Department of Housing and Urban Development
·
2020
Full Details
Full Details
Title
Low Transportation Cost Index, 2020
Description
Summary
The
Low Transportation Cost Index is based on estimates of transportation expenses
for a family that meets the following description: a 3-person single-parent
family with income at 50% of the median income for renters for the region (i.e.
CBSA). The estimates come from the Location Affordability Index (LAI). The data
correspond to those for household type 6 (hh_type6_) as noted in the LAI data
dictionary. More specifically, among this household type, we model
transportation costs as a percent of income for renters (t_rent). Neighborhoods
are defined as census tracts. The LAI data do not contain transportation cost
information for Puerto Rico.
Interpretation
Values are inverted
and percentile ranked nationally, with values ranging from 0 to 100. The higher
the transportation cost index, the lower the cost of transportation in that
neighborhood. Transportation costs may be low for a range of reasons, including
greater access to public transportation and the density of homes, services, and
jobs in the neighborhood and surrounding community.
Data Source: Location Affordability Index (LAI) data,
2008-2012.Related AFFH-T Local Government, PHA and State Tables/Maps: Table 12; Map 11.
References: www.locationaffordability.info https://lai.locationaffordability.info//lai_data_dictionary.pdf
To learn more about the Low Transportation Cost Index visit: https://www.hudexchange.info/resource/4868/affh-raw-data/Date of Coverage: 02/2020, The Low Transportation Cost Index is based on estimates of transportation expenses for a 3-person single-parent family earning 50% of the median income for renters in the surrounding region (i.e. CBSA).
Publisher
United States. Department of Housing and Urban Development
Subject
Transportation, Location, Boundaries, Economy, Society
Temporal Coverage
2020
Date Issued
2023
Rights
This item is in the public domain. There are no restrictions on use.
Rights Holder
This work is in the Public Domain, meaning that it is not subject to copyright.