LFP 2017 By Home Value

LFP MEASURES BY HOME VALUE

DescriptionTable DataCharts and Figures Data
CNMI Total

The home value median amount was $80,000 while the mean amount was $143,846 for all owner-occupied units in the CNMI in 2017. Units with a home value between $50,000 and $99,999 was the highest percentage (30.9%) of all owner-occupied units; units less than $50,000 was 24.3%; units between $100,000 and $149.999 was 18.5%; units between $150,000 and 299,999 was 17.8%; while units with $300,000 or more was 8.5%.

By Island

The home value median amount was highest in Tinian ($85,000), followed by Saipan ($80,000), then Tinian ($75,00). The mean amount was highest in Saipan ($167,276), followed by Tinian ($127,350), then Rota ($92,957). In other words, self-declared home value, in general was lower in Rota than in Saipan and Tinian. As shown, in Chart 31.1 and Table 31.1, percentage of units valued between $50,000 and $99,999 was 41.4% in Rota, 38.6% in Tinian and 29.7% in Saipan.

By Saipan Districts

Within Saipan, home value median was highest in District 5 ($100,00) and lowest in District 2 ($50,000) while the mean amount was highest in District 4 ($323,914) and lowest in District 2 ($61,500). The percentage of all units with home value less than $50,000 was highest District 2 (40.3%) and lowest in District 5 (19.5%). The percentage of all units with home values between $50,000 and $99,999 was highest District 2 (38.6%) and lowest in District 5 (20.0%). The percentage of all units with values between $100,000 and $149,999 was highest District 5 (31.4%) and lowest in District 2 (10.5%). The percentage of all units with values between $150,000 and $299,999 was highest in District 5 (24.5%) and lowest in District 2 (10.5%). The percentage of all units with values $300,000 or more was highest District 1 (12.8%) and lowest in District 2. See Chart 31.1 and Table 31.1 for more detail.

Housing Characteristics

LFS 2017 Table H31.1

Labor Force Participation Measures
Table H31.1 Occupied Housing Units by Dwelling Value, by Island, and by District: CNMI, 2017 4th Qtr.

    Saipan
District 1
Saipan
District 2
Saipan
District 3
Saipan
District 4
Saipan
District 5
Tinian
District 6
Rota
District 7
Source: Labor Force Survey CNMI, 2017 4th Qtr.
Dwelling Value Less than $50,000 292 80 202 243 211 39 89
Dwelling Value $50,000 to $99,999 383 77 209 241 198 69 125
Dwelling Value $100,000 to $149,999 116 42 161 82 310 24 51
Dwelling Value $150,000 to $299,999 213 42 135 68 261 31 56
Dwelling Value $300,000 + 119 112 54 45 17 12
Percent within Less than $50,000 26.0% 33.3% 24.6% 35.4% 20.6% 21.4% 26.7%
Percent within $50,000 to $99,999 34.1% 31.9% 25.5% 35.0% 19.3% 38.6% 37.6%
Percent within $100,000 to $149,999 10.3% 17.4% 19.7% 11.9% 30.2% 13.1% 15.4%
Percent within $150,000 to $299,999 19.0% 17.4% 16.5% 9.9% 25.5% 17.1% 16.8%
Percent within $300,000 + 10.6% 0.0% 13.7% 7.9% 4.4% 9.6% 3.6%
Percent by Less than $50,000 25.3% 6.9% 17.5% 21.0% 18.3% 3.3% 7.7%
Percent by $50,000 to $99,999 29.4% 5.9% 16.1% 18.5% 15.2% 5.3% 9.6%
Percent by $100,000 to $149,999 14.7% 5.3% 20.6% 10.4% 39.4% 3.0% 6.5%
Percent by $150,000 to $299,999 26.5% 5.2% 16.8% 8.4% 32.4% 3.8% 6.9%
Percent by $300,000 + 33.0% 0.0% 31.2% 15.1% 12.6% 4.8% 3.3%

Housing Characteristics

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LFP 2017 H31.1