Table 4

Interval Tobit Regression Results

Model 1 FloodplainModel 2 AE and AH ZonesModel 3 Volume
In 100-year floodplain0.6897***
(0.1975)
AE zone1.0792***
(0.3212)
AH zone0.5963***
(0.2173)
In 500-year floodplain−0.2655
(0.2581)
−0.2623
(0.2579)
Volume of expected flooding0.1463**
(0.0386)
Experienced flood damage−0.1696
(0.2272)
−0.1546
(0.2284)
−0.1351
(0.2289)
1-2 times expected future flooding0.4426***
(0.1377)
0.4590***
(0.1376)
0.4503**
(0.1412)
3 or more times expected future flooding0.4300**
(0.1804)
0.4355**
(0.1809)
0.4082**
(0.1825)
Home’s risk much lower than neighborhood0.2195
(0.1915)
0.2306
(0.1910)
0.2773
(0.1906)
Home’s risk somewhat lower than neighborhood0.2953
(0.1894)
0.2947
(0.1879)
0.3065
(0.1930)
Home’s risk average for neighborhood0.3336
(0.2034)
0.3398*
(0.2034)
0.3664*
(0.1974)
Home’s risk somewhat higher than neighborhood0.3961*
(0.2195)
0.4052*
(0.2211)
0.4488*
(0.2326)
Home’s risk much higher than neighborhood1.2012***
(0.4632)
0.9923**
(0.4205)
1.6243**
(0.5588)
Mortgage0.1745
(0.1704)
0.1779
(0.1701)
0.1756
(0.1685)
Property has a basement and/or crawlspace−0.0957
(0.2155)
−0.0891
(0.2157)
−0.0592
(0.2255)
Property’s total value−0.0067
(0.0099)
−0.0070
(0.0099)
−0.0090
(0.0107)
In FEMA map error area−0.4284*
(0.2326)
−0.3138
(0.2602)
0.1312
(0.1869)
Log Euclidean distance to Johnson Creek−0.0455
(0.0743)
−0.0160
(0.0825)
−0.1208*
(0.0710)
Natural log of income0.3087**
(0.1203)
0.3107**
(0.1206)
0.3519**
(0.1240)
Education0.0648
(0.1405)
0.0559
(0.1406)
0.0225
(0.1399)
Asian−0.4576**
(0.2157)
−0.4664**
(0.2167)
−0.4969**
(0.2137)
Race is “prefer not to answer”−0.5869**
(0.2528)
−0.5937**
(0.2534)
−0.6078**
(0.2607)
Race is “other”0.0793
(0.3042)
0.0837
(0.3068)
0.0502
(0.3159)
Respondent’s age0.0025
(0.0055)
0.0031
(0.0055)
0.0026
(0.0055)
Female−0.0769
(0.1229)
−0.0779
(0.1225)
−0.0272
(0.1225)
Gender is nonbinary or prefer not to answer0.3435
(0.4846)
0.3764
(0.4853)
0.2816
(0.5087)
Tenancy of 1-3 years0.0844
(0.2213)
0.0810
(0.2228)
0.0082
(0.2255)
Tenancy of 4-7 years−0.1873
(0.2150)
−0.1965
(0.2162)
−0.2408
(0.2206)
Tenancy of 8-15 years−0.0665(0.2341)−0.0654(0.2348)−0.1473(0.2372)
Tenancy of more than 15 years−0.4664*
(0.2490)
−0.4857*
(0.2492)
−0.5136**
(0.2515)
Constant2.8613*
(1.5133)
2.6140*
(1.5511)
2.9759**
(1.5106)
Observations279279279
Log likelihood−572.21−571.66−575.64
AIC1,202.421,203.321,207.28
BIC1,307.731,312.261,308.96
  • Note: Robust standard errors in parentheses.

  • * p < 0.10;

  • ** p < 0.05;

  • *** p < 0.01.