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Median and Average Square Feet of Floor Area
in Units in New Multifamily Buildings Completed1
(Medians and averages computed from unbounded figures)Armenian square feet
Units Built
All Units
for Rent1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
20131,041
1,039
1,104
1,070
1,092
1,105
1,143
1,172
1,197
1,122
1,113
1,110
1,124
1,098
1,0591,012
1,014
1,045
1,034
1,052
1,048
1,061
1,090
1,080
1,049
1,054
1,071
1,117
1,081
1,043RSE221999
2000
2001
2002
2003
2004
2005
2006...
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Start by determining the values: Collect all the relevant data points that you want to find the median and average of. This could be a set of numbers or any other measurable data.
02
Calculate the median: Arrange the values in ascending order. If there is an odd number of values, the median is the middle value. If there is an even number of values, the median is the average of the two middle values.
03
Calculate the average: Add up all the values and divide the sum by the number of values to find the average.
04
Fill out the median square: Write the calculated median value in the median square.
05
Fill out the average square: Write the calculated average value in the average square.
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What is median and average square?
Median and average square refers to a statistical measure that represents the middle point or the average of a set of values squared.
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What is the purpose of median and average square?
The purpose of median and average square is to analyze and understand the distribution and variability of data in a statistical set.
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