The Fixed Basket
The Fixed Basket · Stratum shelter_property_tax

Shelter — property tax

US property tax per capita (Census T01 quarterly revenue / FRED POPTHM population, trailing-4Q). 58% of the former owned-operating weight (CEX-2000 50.4% property-tax share, water carried pro-rata). A cost-burden measure — embeds home-value growth; disclosed. No CPI.

Weight (National Average)
4.26%
Sources
1
precedence-ordered ladder
Archetypes published
10
Basket version
v1.0.14

Sources

Precedence ladder for shelter — property tax. Lower precedence wins where multiple sources cover the same period. The engine walks the ladder per period with chain-link rescale at source transitions.

PrecedenceSourceSeries IDCadenceGeography
0 Census Quarterly Summary of State & Local Tax Revenue (T01)
Census T01 quarterly property tax revenue / FRED POPTHM US population, trailing-4Q sum. 58% of the former shelter_owned_operating weight (CEX-2000 50.4% property tax, renormalized with the maintenance bundle; water pro-rata).
fred_us_property_tax_per_capita_quarterly national

Weight across archetypes

How shelter — property tax is weighted in each of the 10 published archetypes. Sorted by weight, highest first. National Average is the headline citation surface.

ArchetypeWeightAction
Retiree 7.2160% View archetype →
Homeowner 5.9978% View archetype →
Income — Highest Quintile 5.0651% View archetype →
National Average 4.2649% View archetype →
Income — Fourth Quintile 3.8823% View archetype →
Working Parent 3.7824% View archetype →
Income — Second Quintile 3.6200% View archetype →
Income — Middle Quintile 3.6021% View archetype →
Income — Lowest Quintile 3.3306% View archetype →
Renter 0.0988% View archetype →

Substitution history

Substitution log entries that touched this stratum. Each entry bumps the basket version and is reproducible from observations tagged with their basket_version.

2026-07-03 — Apparel deepened 1 → 4 SKUs; shelter-owned split into property tax + maintenance

Version: basket 1.0.13 → 1.0.14 · methodology 2.1.0 → 2.2.0

What changed. Two changes shipped together. (a) The apparel stratum went from a single SKU (Levi's 501 Shrink-to-Fit, 2010+) to a Carli mean of four fixed goods: Levi's 501 ORIGINAL FIT (pre-shrunk, wash 00501-0134 pinned), Converse Chuck Taylor All Star Core Ox, Dr. Martens 1460, and the newly-added Dickies Original 874 work pant. (b) The shelter_owned_operating stratum was split into two: shelter_property_tax (58%) and shelter_maintenance (42%, BLS PPI WPUIP2320001 via FRED). Strata count 16 → 17.

Why. Apparel: the 2000 JCPenney Big Book item is the pre-shrunk Original Fit, a different good from the rigid STF previously tracked. Rather than splice two goods with no overlap year, the series switches — which also anchors apparel AT the 2000 base (it previously began 2010) and broadens a one-item stratum to denim + sneaker + boot + workwear. Shelter: property tax alone stood in for the whole owned-operating line; the split prices the CEX-2000 maintenance bundle separately. Water/sewer (13.1% of the CEX line) has no free non-CPI price source and is carried pro-rata by the two priced legs — disclosed, not silently dropped. The maintenance leg is an INPUT-cost proxy (materials, not contractor prices); property tax per capita is a cost-burden measure that embeds home-value growth. Both disclosed.

Effect on headline. National Average headline 3.59 → 3.55%/yr. Apparel long-run +1.99%/yr over the full 2000-2025 window. Gap years within each apparel SKU are left as honest gaps (no interpolation); unverifiable provisional prices were dropped rather than shipped.

Methodology

See the basket page for all 17 strata and the per-stratum source map. The methodology page covers the load-bearing pillars including the rules around source-precedence ladders, chain-link splicing at source transitions, and the no-fabricated-data invariant.