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
Copyright Text: U.S. Department of Housing and Urban Development