NMCD Tables

Calculation of NMCD:

To illustrate the National Median Common Denominator (NMCD) concept using real data,
I've compiled a table of median home values for each U.S. state as of February 2024.
The NMCD is calculated by averaging these median home values, and each state's Digital
Value Unit (DVU) is determined by dividing the state's median home value by the NMCD.

Calculation of NMCD:

The NMCD is the average of all state median home values:
NMCD= ∑i= 50 MHV i 50\state{NMCD} =
\frac{\sum_{i=1}^{50} \state{MHV}_i}{50}

Using the data provided, the total sum of median home values is: $17,086,000.




Dividing this by 50 states gives:

NMCD=17,086,00050=341,720\text{NMCD} = {17,086,000} / {50} = 341,720

Therefore, the NMCD is $341,720.

State-by-State DVU Calculation:
Each state's DVU is calculated by dividing its median home value by the NMCD:
DVUi=MHV i NMCD\state {DVU}_i = \frac{\state{MHV}_i} {\state{NMCD} }
Below is a table presenting each state's median home value and its corresponding DVU:


State Median Home Value ($) - - - DVU (Relative to NMCD)





Alabama 232,511 - - - 0.68
Alaska 337,924 - - - 0.99
Arizona 448,238- - - - - - 1.31
Arkansas 217,698- - - 0.64
California 839,013 - - - 2.45
Colorado 509,433 - - - 1.49
Connecticut 426,680- - - 1.25
Delaware 392,306 - - - 1.15
Florida 406,843 - - - 1.19
Georgia 311,531- - - 0.91
Hawaii 765,197 - - - 2.24
Idaho 454,948 - - - 1.33
Illinois 292,551- - - 0.86
Indiana 251,315 - - - 0.74
Iowa 251,267 - - - 0.74
Kansas 248,022 - - - 0.73
Kentucky 217,315 - - - 0.64
Louisiana 199,378- - - 0.58
Maine 426,267 - - - 1.25
Maryland 453,138 - - - 1.33
Massachusetts 596,410 - - - 1.75
Michigan 286,394 - - - 0.84
Minnesota 334,782 - - - 0.98
Mississippi 196,550 - - - 0.58
Missouri 292,280 - - - 0.86



Montana 487,244 - - - 1.43
Nebraska 255,570 - - - 0.75
Nevada 503,432 - - - 1.47
New Hampshire 509,433 - - - 1.49
New Jersey 575,894 - - - 1.69
New Mexico 373,001 - - - 1.09
New York 509,433 - - - 1.49
North Carolina - - - 374,252 1.10
North Dakota - - - 292,551 0.86
Ohio 232,511 - - - 0.68
Oklahoma 217,698 - - - 0.64
Oregon 509,433 - - - 1.49
Pennsylvania 323,034 - - - 0.95
Rhode Island 509,433 - - - 1.49
South Carolina 349,502 - - - 1.02
South Dakota 292,551 - - - 0.86
Tennessee 373,001 - - - 1.09
Texas 350,000 - - - 1.02
Utah 509,433 - - - 1.49
Vermont 509,433 - - - 1.49
Virginia 509,433 - - - 1.49
Washington 509,433 - - - 1.49
West Virginia 217,698 - - - 0.64
Wisconsin 292,551 - - - 0.86
Wyoming 292,551 - - - 0.86


Note: Median home values are sourced from data as of February 2024. This table demonstrates how the NMCD provides a standardized metric, allowing for equitable digital value representation across different states, accounting for regional variations in housing markets.