Considering these statistics one can conclude that the average American resides in his or her own home, pays roughly $1,000 per month in mortgage payments for a three or less bedroom house with no more than one occupant per room. US Census Bureau data from 2002 identified a series of housing characteristics for units owner-occupied units inhabited by households with average incomes, ranging from $40,000 to $60,000. The median square footage for homes occupied by middle income households was 1,700 with 52% of such homes having two or more bathrooms. The median value of these homes was $112,000 with the median year of construction being 1970. Middle income households tended to spend roughly 18% of their monthly income on housing. Considering these statistics it is likely that many average Americans reside in homes, priced slightly above $100,000 with two or more bathrooms that were built in the late 1960s and early 1970s. However, the taken income is slightly above average.