What median owner-occupied home value means

By Richard (Ryszard) Cieplechowicz

A median divides a value distribution into two halves. In the owner-occupied home value tables, the value comes from the respondent's estimate of what the property would sell for. It is not an observed sale, a current listing price or a property appraisal.

Two tables, different jobs

ACS B25077 provides the median owner-occupied value and its published margin of error. B25075 provides counts in value bands. The Tampa Bay study keeps those measures separate: the median describes a middle point, while band counts describe the distribution of the selected owner-occupied homes.

Do not average ZCTA medians and call the result a county or regional median. A range of ZCTA medians is also not a county median. Check the margin of error before reading a small difference as meaningful.

See the home-value study and the Census Bureau's 2024 ACS definitions, Value section.

These are ACS 2020-2024 five-year survey estimates, not current prices or listings. A ZCTA is not a USPS delivery ZIP and can cross county lines. The selected ZCTAs are assigned by largest land-area share; their grouped figures are not complete countywide estimates. Small bases and sampling error can make close comparisons misleading.

See the 132-ZCTA selection method, estimate limits and downloadable datasets.