Final FY 2009 Fair Market Rent Documentation System

The Final FY 2009 Uintah County FMRs for All Bedroom Sizes

The following table shows the Final FY 2009 FMRs by unit bedrooms.

Final FY 2009 FMRs By Unit Bedrooms
	Efficiency	One-Bedroom	Two-Bedroom	Three-Bedroom	Four-Bedroom
Final FY 2009 FMR	$550	$598	$663	$871	$979

The remainder of this page provides complete documentation of the development of the Final FY 2009 Fair Market Rents (FMRs) for Uintah County, Utah. This page provides a summary of how the Final FY 2009 FMRs were developed and updated starting with the formation of the FY 2009 FMR Areas from the metropolitan Core-Based Statistical Areas (CBSAs) as established by the Office of Management and Budget and incorporating newly available 2006 American Community Survey (ACS) Data. FY 2009 FMRs include information from local Random Digit Dialing (RDD) surveys conducted during the first quarter of 2008. Aspects of the derivation of Final FY 2009 rents exlusive to FY 2009 are made explicit in the following text. Aspects unchanged from FY 2008 can be reviewed by clicking on the associated link.

Uintah County FMR Area Derivation (RECAP)

Uintah County, UT is a non-metropolitan county under the new metropolitan area definitions used for the Final FY 2009 FMRs.

Final FY 2009 FMRs

A Random Digit Dialing (RDD) Survey was conducted in March, 2008 for Uintah County, UT in response to notice of increased rental housing market pressure as a result of increased oil and gas drilling activity in the area. In order to be as responsive as possible, the survey result was made effective with the publication of Proposed FY 2009 FMRs and constitutes a revision of FY 2008 FMRs (Uintah County FY 2008 FMR Documentation system).

Final FY 2009 2-Bedroom FMR

Uintah County, Utah was included in a two county group survey in March, 2008 that also included Duchesne County, Utah because each county individually would have been too small to survey independently. Because a county-group was surveyed, the results of the RDD cannot be directly applied to an individual county. Therefore, a rental unit weighted average FY 2008 rent was constructed for the county-group. The rental unit counts are taken from the 2000 Decennial Census. The following table summarizes the data used to calculate the FY 2008 40^th Percentile weighted rent of $498.

County Group Weighted Average FY 2008 Rent
County	2000 Decennial Census Rental Units	FY 2008 Non-State Minimum Adjusted Rent
Duchesne County, Colorado	876	$550
Uintah County, Utah	1,887	$474
County Group Weighted Average Rent		$498

2008 RDD Evaluation for Uintah County, UT
FY 2008 Weighted FMR	April 2008 Trended County-Group RDD Result	2008 County-Group RDD Error	Decision
$498	$676	±$34	Is ABS($498-$676)>$34 Is $178>$34 YES RDD Result Used

Following application of the RDD result, the Final FY 2009 2-Bedroom FMR is simply the FY 2008 RDD-adjusted FMR trended forward from April 2008 to April 2009. Specifically, the Final FY 2009 FMR is:

$643 x 1.03

$663

The Final FY 2009 Rents for All Bedroom Sizes

The following table shows the Final FY 2009 FMRs by unit bedrooms. The FMRs for units with different numbers of bedrooms are computed from the ratio of the 2005 Revised Final FMRs (based on 2000 Decennial Census Data) for the different unit sizes to the 2005 2-Bedroom Revised Final FMRs. These Rent Ratios are applied to the Final FY 2009 2-Bedroom FMR to determine the Final FY 2009 FMRs for the different size units.

Click on the links in the table to see how the bedroom rents were derived.

Final FY 2009 FMRs By Unit Bedrooms
	Efficiency	One-Bedroom	Two-Bedroom	Three-Bedroom	Four-Bedroom
Final FY 2009 FMR	$550	$598	$663	$871	$979

The FMRs for unit sizes larger than four bedrooms are calculated by adding 15 percent to the four bedroom FMR, for each extra bedroom. For example, the FMR for a five bedroom unit is 1.15 times the four bedroom FMR, and the FMR for a six bedroom unit is 1.30 times the four bedroom FMR. FMRs for single-room occupancy units are 0.75 times the zero bedroom (efficiency) FMR.

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