. Author manuscript; available in PMC: 2014 Jul 7.

Published in final edited form as: AJS. 2014;119(5):1221–1278. doi: 10.1086/675411

Table Bl. Hedonic Pricing Equations.

	Atlanta			Los Angeles			Chicago
	Beta	Std. Error	P-value	Beta	Std. Error	P-value	Beta	Std. Error	P-value

% black	0.336	0.015	0.000	−0.533	0.002	0.000	−0.437	0.005	0.000
% Asian	−0.005	0.031	0.876	−0.554	0.003	0.000	−0.628	0.007	0.000
% Hispanic	−0.367	0.014	0.000	−0.037	0.003	0.000	−0.223	0.006	0.000
% black²	−0.475	0.008	0.000	0.426	0.002	0.000	0.156	0.003	0.000
% white²	−0.246	0.009	0.000	−0.456	0.002	0.000	−0.127	0.004	0.000
% Hispanic²	0.327	0.020	0.000	−0.238	0.002	0.000	−0.144	0.004	0.000
% Asian²	−1.887	0.192	0.000	0.504	0.003	0.000	0.387	0.010	0.000
Median Income (in 1000s)	0.022	0.000	0.000	0.027	0.021	0.000	0.020	0.000	0.000
Median Income²	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Constant	5.815	0.008	0.000	6.128	0.001	0.000	6.028	0.003	0.000
N =		251,445			2,445,250			1,319,150
R² =		0.914			0.882			0.772

Note: Estimated from 2000 Census STF3A data. Outcome is logged median neighborhood monthly housing costs. Units are neighborhoods ( Census tracts), weighted by the total number of households living in the area.