Dictionary, Census of Population, 2021
Monthly mortgage payment

Release date: November 17, 2021

Definition

Refers to regular monthly mortgage or loan payments for the dwelling.

Statistical unit(s)

Classification(s)

Reported in

2021 and 2016 (25% sample); 2011Footnote 1 (30% sample); 2006, 2001, 1996, 1991, 1986 and 1981 (20% sample).

Reported for

Owner households in non-farm private dwellings

Question number(s)

Direct variable: Question E9a)

Responses

None; Dollar value

Remarks

In cases where mortgage payments are made in increments other than monthly (e.g., biweekly), all payments made in that year are added and then divided by 12, to obtain the average monthly amount paid.

See also the shelter cost definition.

Note(s)

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