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Full text of "Extra census bulletin"

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chfo ..; ; 



Apr. 1392- 
Auq. 1 394 




Digitized by the Internet Archive 

in 2010 with funding from 

Boston Public Library 



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Extra Census Bulletin. 



No. 31. WASHINGTON, D. c. February 25, 1893. 

STATISTICS OF FARMS, HOMES, AND MORTGAGES. 

OWNERSHIP AND DEBT IN MASSACHUSETTS. 



DEPAETMENT OF THE INTERIOR. 

Census Office, 

Washington, D. O, February 17, 1893. 
Sir: 

The leading results of the investigation of farm and home proprietorship in Massachusetts are contained in 
this bulletin. In regard to farms, the conclusion is that 15.06 per cent of the farm families hire and 84.94 per cent 
own the farms cultivated by them ; that 30.46 per cent of the farm owning families own subject to incumbrance and 
69.54 per cent own free of incumbrance. Among 100 farm families, 15 hire their farms, 26 own with incumbrance 
and 59 without incumbrance. On the owned farms of this state there are liens amounting to $11,831,941, which is 
41.88 per cent of their value, and this debt bears interest at the average rate of 5.58 per cent, making the average 
annual interest charge $74 to each family. Each owned and incumbered farm, on the average, is worth $3,158 and 
is subject to a debt of $1,323. 

The corresponding facts for homes are that 67.28 per cent of the home families hire and 32.72 per cent own 
their homes ; that, of the home owning families, 60.67 per cent own free of incumbrance and 39.33 per cent with 
incumbrance. In 100 home families, on the average, 67 hire their homes, 13 own with incumbrance and 20 without 
incumbrance. The debt on owned homes aggregates $102,948,196, or 45.03 per cent of their value, and bears 
interest at the average rate of 5.48 per cent, so that the annual amount of interest to each home averages $98. An 
average debt of $1,797 incumbers each home, which has the average value of $3,990. 

There are 46 cities and towns in the state having a population of 8,000 to 100,000, and in them 68.75 per cent of 
the home families hire and 31.25 per cent own their homes, and of the home owning families 44.29 per cent own with 
incumbrance and 55.71 per cent own free of incumbrance. In 100 home families, on the average, are found 69 that 
hire their homes, 14 that own with incumbrance and 17 that own without incumbrance. The liens on the owned 
homes are 44.52 per cent of the value of those subject to lien. Several averages show that the rate of interest is 
5.52 per cent; value of each owned and incumbered home, $4,167; lien on the same, $1,855, and yearly interest 
charge on each home, $102. 

In Boston, which is the only city in the state having a population of more than 100,000 people, 81.57 per cent 
of the home families hire and 18.43 per cent own their homes ; 38.82 per cent of the home owning families 
have incumbrance on their homes and 61.18 per cent own and occupy homes free of incumbrance. Among 100 
home families, on the average, 82 hire, 7 own with incumbrance and 11 without incumbrance. Averages for each 
owned and incumbered home: incumbrance, $3,386; value, $7,026; interest charge for one year, $174; rate of 
interest, 5.14 per cent. Homes are incumbered for 48.18 per cent of their value. 

Real estate purchase and improvements, when not associated with other objects, caused 78.40 per cent of the 
farm families to incur 79.07 per cent of the farm debt, and 82.81 per cent of the home families to incur 81.50 per 
cent of the home debt. 

Very respectfully. 

ROBERT P. PORTER, 

Superintendent of Census. 
The Secretary of the Interior. 

c. o. P.— 3,500 



STATISTICS OF FARMS, HOMES, AND MORTGAGES. 

OWNERSHIP AND DEBT IN MASSACHUSETTS. 



BY GEORGE K. HOLMES AND .IDIIK S. I.OED. 



Selections from the results of the investigation of farm and home proprietorship and indebtedness in 
Massachusetts are presented in this bulletin. Every family in the state is regarded as occupying a farm or a home 
not on a farm, and as hiring such farm or home, or owning it free of incumbrance, or owning it subject to 
incumbrance. In the class last named, and in no other, account has been taken of the incumbrance, its rate of 
interest and object, and the value of the farm or home. 

No state in the union could be selected that would be more interesting than this one in regard to the ownership 
of land. With 278 people to the square mile of land surface, it has a denser population than any other state, except 
Rhode Island, and in this respect exceeds most of the countries of the world. It stands high in the development of 
trade and industry, and it is one of the older and wealthier states of the union. Entails were practically abolished 
about 100 years ago, and for more than a generation married women have been permitted to own land as freely as 
men have been. 

Habitation proprietorship. — Among the 479,790 families of the state there are 304,737, or 63.51 per cent of 
the total, which hire their farms and homes, and 175,053, or 36.49 per cent, which own them. Of the families 
which own, 66,249, or 37.85 per cent, have farm or home incumbrance, and 108,804, or 62.15 per cent, are free of 
incumbrance. In 100 families, on the average, 63.51 hire their farms and homes, 13.81 own with incumbrance and 
22.68 own without incumbrance. 

Farm proprietorship. — There are 34,576 farm families in Massachusetts, which is 7.21 per cent of the total 
number of families. Of these, 29,370, or 84.94 per cent, own and 5,206, or 15.06 per cent, hire the farms cultivated 
by them ; while of the owning families, 8,945, or 30.46 per cent, have incumbrance on their farms and 20,425, or 
69.54 per cent, have no incumbrance. The average 100 farm families are composed of 15.06 that hire, 25.87 that 
own with incumbrance and 59.07 that own without incumbrance. Details for the counties are in Table 1. 

The following table shows an apparent increase in farm tenancy from 8.18 per cent in 1880 to 15.06 per cent in 
1890. The sources of the statistics for 1880 and 1890 are not the same, since the figures for 1880 represent farms 
and those for 1890 farm families, and any conclusions drawn from a comparison of these 2 years in this table may 
be somewhat erroneous. 

In the Massachusetts census of 1885 the farms numbered 45,010, of which 91.28 per cent was cultivated by 
owners (including 972 farms whose proprietorship was not reported) and 8.72 was hired. The Massachusetts 
bureau of statistics of labor, by which that census was conducted, treated the 972 farms as owned ; but in the 
experience of this office these farms, having no reports, would be almost entirely hired farms, and, if these 972 
farms are considered to have been hired farms, the percentages of farm tenancy in Massachusetts at 3 dates stand 
thus : 

PER CENT. 

1880 8.18 

1885 10.88 

1890 (farm hiring families) 15-06 

The total farm acreage was distributed in the proportion of 92.34 per cent to owned farms and 7.66 per cent to 
hired farms ; 90.45 per cent of the total value of farm land is included in the owned farms and 9.55 per cent in the 
hired farms. 

In 1885 the state census found that the average owned farm had 87.62 acres and was worth $2,437 ; hired 

farm, 76.07 acres and was worth $2,692. 

3 



FARMS, HOMES, AND MORTGAGES. 

FARM PROPRIETORSHIP, 1880 AND 1890, BY COUNTIES. 



Number „ , ! Number i Percentage „ Percentage 

Number of farm Number j Qf farm Percentage of farm Percentage of farm 
ot owned „„.„,-„„ of hired ; , • - „ of owned „ m „,-„„ of hired 



countjes. 7"" M owning »'"'«" hiring ,»'»»«™ owning »;"'«=«; hiring 

families, f »™ s ' families, f *™ S ' families, f "™ s ' families. 



1880. 



1890. loou - 1890. JCOU - 1890. JOOU ' 1890. 



The State 35,260 



Barnstable 929 677 

Berkshire 3,205 2,775 

Bristol 2,495 2,706 

Dukes 239 227 

Essex 2,561 2,059 

Franklin 3,016 2,685 

Hampden 2,805 2,232 

Hampshire 2,936 2,625 

Middlesex 4,702 3,862 

Nantucket 85 35 

Norfolk 1,744 1,528 

Plymouth 2,874 1,851 

Suffolk 78 56 

Worcester 7,567 6,052 



94.89 


92.36 


5.11 


7.64 


85.44 


81.07 


14.56 


18.93 


91.39 


79.75 


8.61 


20.25 


88.52 


90.08 


11.48 


9.92 


89.95 


82.76 


10.05 


17.24 


92.75 


89.17 


7.25 


10.83 


91.70 


85.68 


8.30 


14.32 


94.31 


87.44 


5.69 


12.56 


92.34 


85.07 


7.66 


14.93 


97.70 


76.09 


2.30 


23.91 


92.72 


84.05 


7.28 


15.95 


95.42 


89.81 


4.58 


10.19 


80.41 


45.90 


19.59 


54.10 


92.24 


85.46 


7.76 


14.54 



Home proprietorship. — The 445,214 home families are 92.79 per cent of the families of the state, and are 
divided into the several classes as follows : hiring families, 299,531. or 67.28 per cent of the total number of home 
families; owning families, 145,683, or 32.72 per cent; families owning free of incumbrance, 88,379, or 60.67 per cent 
of the total number owning ; families owning subject to incumbrance, 57,304, or 39.33 per cent of the owning 
families. Of 100 home families, on the average, 67.28 hire their homes, 12.87 own with incumbrance and 19.85 
own without incumbrance. Table 2 shows details for the counties. 

City homes are both hired and incumbered in a greater degree than is found outside of cities. In the 46 cities 
and towns of the state having a population of 8,000 to 100,000 there are 231,213 home families, of which 15S,960, 
or 68.75 per cent, hire and 72,253, or 31.25 per cent, own their homes. Homes subject to incumbrance are occupied 
by 32,002 owning families, or 44.29 per cent of the total owning families, and 40,251 families, or 55.71 per cent of 
the owning families, have no home incumbrance. In 100 of these city home families, on the average, 68.75 hire 
their homes, 13.84 own with incumbrance and 17.41 own without incumbrance. The home proprietorship of these 
cities and towns will be fouud in Table 3. In Holyoke 83.84 per cent of the home families hire their homes, and 
this is the largest percentage found among the 46 cities and towns. Fall River comes next, with 82.95 per cent. The 
smallest percentage is 48.25 for Weymouth, and next to this is 48.85 for Melrose. 

In Table 4 the home proprietorship of Boston is exhibited by wards. This city has a population of 448,477 
and is the only one having a population greater than 100,000. Of the 89,613 home families of this city, 73,101, or 
81.57 per cent, hire their homes and 16,512, or 18.43 per cent, own their homes. Of the owning families, 10,102, or 
61.18 per cent, have no incumbrance on their homes and 6,410, or 38.82 per cent, own subject to incumbrance. 
Among 100 families, on the average, 81.57 hire their homes, 11.27 own free of incumbrance and 7.16 own with 
incumbrance. The smallest degree of home owning is found in ward 12, where 3.02 families in 100 own their 
homes, and the highest is found in ward 23, where the owning families are 37.10 in 100. In 1845, in a census 
ordered by the city council of Boston, it was ascertained that 4,465 families of the 19,175 families of the city owned 
their homes and that 14,710 families hired them. This permits the following comparison : percentage of home 
hiring families in Boston in 1845. 76.71 ; in 1890, 81.57. 

In the state, outside of the 47 cities and towns referred to, 54.24 per cent of the home families hire and 45.76 
per cent own their homes, 33.19 per cent of the home owning families own with incumbrance and 66.81 per cent 
without incumbrance ; while among 100 home families, on the average, 54.24 hire their homes, 15.19 own subject to 
incumbrance and 30.57 own free of incumbrance. 

Value and incumbrance. — Liens amounting to §114,780,137 incumber the 66,249 owned farms and homes of 
the state that are subject to incumbrance, $11,831,941 of which is on 8,945 farms-and $102,94S,196 on 57,304 homes. 
The value of the incumbered farms and homes is §256,894,465 ; farms, $28,249,173 ; homes, $228,645,292. Ratios of 
debt to value : farms and homes, 44.68 per cent ; farms, 41.88 per cent ; homes, 45.03 per cent. The county figures 
for value and incumbrance are in Table 5, the figures for the homes of the 46 cities and towns in Table 6, and for 
Boston in Table 7. 

A debt of $59,367,910 incumbers 32,002 owned homes of the 46 cities and towns containing a population of 
8,000 to 100,000, and these incumbered homes are worth $133,344,973, so that the debt is 44.52 per cent of the value. 
The 6,410 owned and incumbered homes of Boston are worth $45,039,557 and are incumbered with a debt of 



OWNERSHIP AND DEBT IN MASSACHUSETTS. 5 

$21,701,505, or to the extent of -18.18 per cent of their value. The debt incumbering the owned homes in the state 
outside of the 47 cities and towns is 43.53 per cent of the value of the homes subject to the incumbrance. 

Classification of amounts of value and incumbrance. — In the two following tables percentages represent 
various classes of farm and home values and incumbrances, and the numbers from which these percentages are 
derived are in Tables 8 and 9. It is to be remembered that these tables are confined to farms and homes occupied 
by owners and incumbered and to the occupying families. 



PERCENTAGE OF FAMILIES OCCUPYING OWNED AND INCUMBERED FARMS AND HOMES, AND 
OF THE VALUE THEREOF AND OF THE INCUMBRANCE THEREON, BY CLASSIFICATION OF 
AMOUNTS, OF VALUE AND OF INCUMBRANCE, FOR THE STATE. 



FOR FARMS. 



SSIFICATION Ol AMUl'MS. 



For 
lumber 



For incumbra 



Under$500 1.82 0.20 25.19 5.37 

UnderSl.OOO 11.70 2.42 52.92 19.60 

$500 and under $1,000 9.88 2.22 ,: 27.73 i 14.23 

51,000 and under 82,500 39.36 19.45 33.68 38.01 

82,500 and under $5,000 31.57 32.49 10.42 25.52 

$5,000 and under $10,000 13.38 : 26.13 2.55 11.74 

$5,000 and over 17.37 : 45.64 : 2.98 16.84 

$10,000 and over 3.99 19.51 0.43 5.10 

$25,000 and over 0.35 4.72 0.04 1.09 



FOR HOMES. 



For 
number For 



For incumbrance. 



1.18 
7.82 
6.64 
35.22 
33.66 
16.44 
23.30 
6.86 
1.05 



0.10 
1.29 
1.19 
14.27 
27.97 
26.34 
56.47 
30.13 
10.77 



17.24 
40.50 
23.26 
38.31 
14.97 
4.91 
6.22 
1.31 
0.13 



11.59 
8.93 
32.53 
27.11 
17.09 
28.77 
11.68 
2.82 



PERCENTAGE OF FAMILIES OCCUPYING OWNED AND INCUMBERED HOMES, AND OF THE VALUE 
THEREOF AND OF THE INCUMBRANCE THEREON, BY CLASSIFICATION OF AMOUNTS OF VALUE 
AND OF INCUMBRANCE, FOR CITIES AND TOWNS OF 8,000 TO 100,000 PEOPLE AND FOR BOSTON. 



CLASSIFICATION OF AMOUNTS. 



FOR CITIES AND TOWNS OF 8,000 TO 
100,000 PEOPLE, 



For incumbrance. 



For 



For 

number For num 

of amount. | of 

families. h famil 



Under $500 0.45 0.04 13.06 

Under$l,000 4.12 0.69 34.78 

$500 and under $1,000 3.67 0.65 21.72 

$1,000 and under $2,500 33.04 13.23 42.55 

$2,500 and under $5,000 ] 37.57 30.00 16.74 

$5,000 and under $10,000 18.36 28.12 4.88 

$5,000 and over 25.27 56.08 5.93 

$10,000 and over 6.91 27.96 1.05 

$25,000 and over 0.94 8.92 0.09 



2.02 
10.20 

8.18 
35.37 
29.34 
16.42 
25.09 

8.67 



FOR BOSTON. 



For incumbrance. 



0.09 
1.29 
1.20 
14.00 
36.05 
30.28 
48.66 
18.38 
3.46 



0.13 
0.13 
3.48 
17.98 
28.43 
78.41 



4.99 
16.08 
11.09 
36.19 
28.38 
14.20 
19.35 
5.15 
0.64 



0.44 
2.64 
2.20 
17.28 
27.77 
26.56 
52.31 
25.75 






In looking for the most prominent class in each column in the state table, it appears that 39. 30 per cent of tlie 
farm debtor families own incumbered farms worth $1,000 and under $2,500, and that 45.(34 per cent of the total 
farm values is in farms worth $5,000 and over. The farms having an incumbrance of less than $1,000 each are 
owned by 52.92 per cent of the farm debtor families; while farms worth $1,000 and under $2,500 carry 38.04 per 
cent of the total farm debt. 

Home values are more prominent iu the class of those worth $ 1 ,000 and less than $2,500, which are owned by 
35.22 per cent of the home debtor families, and in the class of $5,000 and over, whose homes are worth 56.47 per 
cent of the value of all owned and incumbered homes. Upon turning to incumbrance, it will be noticed that 40.50 
per cent of the home debtor families own homes each with an incumbrance of less than $1,000, and that 32.53 per 
cent of the total home debt rests on homes each of which is incumbered for $1,000 and less than $2,500. 
31—2 



6 



FARMS, HOMES, AND MORTGAGES. 



The owned and incumbered homes of the 46 cities and towns that are worth $2,500 and under $5,000 are 
owned by 37.57 per cent of the home debtor families, and the homes worth $5,000 and over constitute 56.08 per 
cent of the value of all homes; incumbrances of $1,000 and less than $2,500 are carried by 42.55 per cent of the 
home debtor families and the total amount of the incumbrances in the same class is 35.37 per cent of the total 
amount. 

In Boston incumbered homes worth $5,000 and over are owned by 48.66 per cent of the home debtor families, 
and the homes in this class are worth 78.41 per cent of the value of all owned and incumbered homes. 
Incumbrances of $1,000 and under $2,500 are on homes owned by 36.19 per cent of the home debtor families, and 
52.31 per cent of the home debt is on homes that are each incumbered for $5,000 and over. 

Average values and incumbrances. — Tables 11, 12, and 13 show that the average owned and incumbered 
farm of the state is worth $3,158; home, $3,990; of each home in the 46 cities and towns, $4,167; of each owned 
and incumbered home in Boston, $7,026. 

The average farm incumbrance for the state is $1,323; home, $1,797; home incumbrance in the 46 cities 
and towns, $1,855 ; in Boston, $3,386. 

Suffolk county has homes of the highest average value, nauiety, $6,586 ; and the least average value, $1,568, 
is in Barnstable county. In the state outside of the 47 cities and towns the average home value is $2,660 ; 
incumbrance, $1,158. As before stated, all values are confined to incumbered farms and homes occupied by 
owners. 

Interest rates. — The chief rate of interest in this state is 6 per cent ; this rate is paid on 48.98 per cent of 
the farm incumbrance by 56.09 per cent of the farm debtor families ; on 38.88 per cent of the home incumbrance 
by 55.17 per cent of the home debtor families ; in the 46 cities and towns, on 38.33 per cent of the home 
incumbrance by 51.91 per cent of the families occupying owned and incumbered homes, and in Boston on 20.35 per 
cent of the home debt by 34.41 per cent of the home debtor families. These percentages are contained in the 
following table and the facts from which they were computed are exhibited in Table 10. 



PERCENTAGE OF FAMILIES OCCUPYING OWNED AND INCUMBERED FARMS AND HOMES 
AND OF AMOUNT OF INCUMBRANCE THEREON, BY RATES OF INTEREST. 







THE STATE. 




FOE HOMES IN 
















CITIES AND TOWNS 
OF 8,000 TO 100,000 


FOR HOMES IN 
BOSTON. 












For farms. 


For h 


omes. 


PEOPLE. 






RATES OF INTEREST. 












For 




For 




For 




| For 






number 


For 


number 


For 


number 


For 


number 


For 




of 


amount. 


of 


amount. 


of 


amount. 


of 


aniount. 




families. 




families. 




families. 




families. 






39.03 


47.63 


37.97 


56. S7 


41.32 


57.29 


60.83 


76.86 




56.09 
2.76 


48.98 
1.43 


55.17 
3.30 


38.88 
1.51 


51.91 
2.88 


38.33 
1.52 


34.41 
1.78 


20.35 
0.68 






0.31 
60.82 


0.17 
52.18 


0.47 
61.79 


0.17 
43.00 


0.48 
58.46 


0.19 
42.60 


0.19 
39.03 


0.07 
23.02 


6 to 8 per cent, inclusive.. 




4.88 


3.39 


6.86 


4.25 


6.77 


4.38 


4.76 


2.79 




0.15 


0.19 


0.24 


0.13 


0.22 


0.11 


0.14 


0.12 




0.06 


0.05 


0.07 


0.04 


0.07 


0.03 


0.03 


0.05 




0.02 




0.04 


0.02 


0.03 


0.01 













Bates that are less than the principal state rate of 6 per cent are paid by 39.03 per cent of the farm debtor 
families on 47.63 per cent of the farm debt ; by 37.97 per cent of the home debtor families on 56.87 per cent of 
the home debt; in the 46 cities and towns by 41.32 per cent of the home debtor families on 57.29 per cent of the 
home debt, and in Boston by 60.83 per cent of the home debtor families on 76. S6 per cent of the home debt. 

In the state, rates higher than 6 per cent are paid by 4.88 per cent of the farm debtor families on 3.39 per cent 
of the farm debt ; by 6.86 per cent of the home debtor families on 4.25 per cent of the home debt ; in the 46 cities 
and towns by 6.77 per cent of the home debtor families on 4.38 per cent of the home debt, and in Boston by 4.76 
per cent of the home debtor families on 2.79 per cent of the home debt. The highest rate reported is 36 per cent, 
which is paid by one family on a debt of $100. 

Since 1867 Massachusetts has been practically without a usury law. The legislature has limited the rate of 
interest as follows in the years named: 1641, 8 per cent; 1693, 6 per cent; 1867, no limit; 1870, bonds issued by 
corporations, 7 per cent ; 1888, 18 per cent on loans of less than $1,000. 



OWNERSHIP AND DEBT EST MASSACHUSETTS. 7 

Interest charge and average rates of interest. — Table 11 contains a statement of the interest charge on 
the farms and homes of Massachusetts that are occupied by owners and incumbered. Table 12 contains the 
corresponding facts for the homes of the 46 cities and towns, and Table 13 for the homes of Boston. The total 
interest charge for one year on the debt incumbering the owned farms of the state is $659,865 ; on the homes 
$5,640,785; total, $6,300,650. 

The average interest charge for one year on each farm is $74 ; home, $98 ; on each home in the 46 cities and 
towns, $102; on each home in Boston, $174. 

On farm loans the average rate of interest is 5.58 per cent; on' home loans, 5.48 per cent; on home loans in 
the 46 cities and towns, 5.52 per cent ; on home loans in Boston, 5.14 per cent. Hence the average annual interest 
value of each owned and incumbered farm in this state is $176 ; of each home, $219 ; of each home in the 46 cities 
and towns, $230; of each home in Boston, $361. 

Outside of the 47 cities and towns the average annual interest charge on each home is $66 ; average rate, 5.72 
per cent; average annual interest value, $152. 

Objects op indebtedness. — Investigation of the reasons why farm and home indebtedness was incurred 
discloses the fact that 78.40 per cent of the farm debtor families of the state incurred 79.07 per cent of the farm 
debt for the purpose of buying real estate and making real estate improvements, when these objects were not 
associated with other objects ; and that for the same objects, in the case of homes, 82.81 per cent of the home debtor 
families incurred 81.50 per cent of the home debt ; in the 46 cities and towns that 83.94 per cent of the home debtor 
families incurred 82.08 per cent of the home debt, and in Boston that 81.94 per cent of the home debtor families 
incurred 80.90 per cent of the home debt. 

The objects of real estate purchase and improvements, business aud the purchase of personal property, when 
not complicated with other objects, led 85.02 per cent of the farm debtor families of the state to incur 86.75 per 
cent of the farm debt; 89.14 per cent of the home debtor families to incur 91.48 per cent of the home debt ; 89.60 
per cent of the home debtor families in the 46 cities and towns to incur 90.78 per cent of the home debt, and 91.60 
per cent of the home debtor families in Boston to incur 94.53 per cent of the home debt. 

Farm and family expenses, standing alone, are represented by 5.14 per cent of the farm debtor families of the 
state and 2.90 per cent of the farm debt; family expenses by 5.00 per cent of the home debtor families and 2.01 per 
cent of the home debt ; family expenses in the 46 cities and towns by 4.31 per cent of the home debtor families and 
1.81 per cent of the home debt, and in Boston by 3.50 per cent of the home debtor families and 1.49 per cent of the 
home debt. 

Table 1.— NUMBER AND PERCENTAGE OF FAMILIES OCCUPYING OWNED AND HIRED AND FREE AND INCUMBERED 

FARMS, BY COUNTIES. 



Barnstable... 
Berkshire.... 

Bristol 

Dukes 

Essex 

Franklin 

Hampden .... 
Hampshire . 
Middlesex... 
Nantucket. . 

Norfolk 

Plymouth... 

Suffolk 

Worcester... 



2,775 
2,706 
227 
2,059 
2,685 
2,232 
2,625 
3,862 
35 
1,528 
1,851 



1,881 
2,264 
215 
1,438 
1,592 
1,473 
1,581 
2,560 
29 
1,057 
1,614 



Incum- 
bered. 



8,945 



PERCENTAGE OF 
FAMILIES 

AND HIRING. 



92.36 
81.07 
79.75 
90.08 
82.76 
89.17 
85.68 
87.44 
85.07 
76.09 
84.05 
89.81 
45.90 
85.46 



PERCENTAGE OF 
FAMILIES OWNING 
FREE AND INCUM- 
BERED OF TOTAL 
OWNING FA: 



69.54 



90.40 
67.78 
83.67 
94.71 
69.84 
59.29 
65.99 
60.23 
66.29 
82.86 
69.18 
87.20 
71.43 
67.23 



32.22 
16.33 
5.29 
30.16 
40.71 
31.01 
39.77 
33.71 
17.14 
30.82 
12.80 
28.57 
32.77 



PERCENTAGE OF 
FAMILIES OWNING 
FREE AND INCUM- 
BERED OF TOTAL 

OWNING AND 
HIRING FAMILIES. 



59.07 

83.49 

54.95 
66.72 
85.32 
57.80 
52.87 
56.54 
52.66 
56.39 
63.05 
58.14 
78.31 
32.79 
57.46 



25.87 

8.87 
26.12 
13.03 

4.76 
24.96 
36.30 
29.14 
34.78 
28.68 
13.04 
25.91 
11.50 
13.11 
28.00 






8 FARMS, HOMES, AND MORTGAGES. 

Table 2.— NUMBER AND PERCENTAGE OF FAMILIES OCCUPYING OWNED AND HIRED AND FREE AND INCUMBERED 

HOMES, BY COUNTIES. 



COUNTIES. 


Aggregate. 




OWNING. 




Hiring. 


PFRCENTAGE OF 

FAMILIES OWNING 

AND HIRING. 


PERCENTAGE OF 
FAMILIES OWNING 
FREE AND INCUM- 
BERED OF TOTAL 
OWNING FAMILIES. 


PERCENTAGE OF 
FAMILIES OWNING 
FREE AND INCUM- 
BERED OF TOTAL 

OWNING AND 
HIRING FAMILIES. 




Total. 


Free. 


Incum- 
bered. 


Owning. Hiring. 


Free - bered!" 


Free. 


Incum- 
bered. 




445,214 


145,683 


88,379 


57,304 


299,531 


32.72 67.28 


60.67 39.33 


19.85 


12.87 






Barnstable 


7,432 
13,603 
36,556 

1,029 
63,196 

6,053 
25,986 

8,164 
86,048 
927 
24,165 
20,344 
97,614 
54,097 


5,221 
4,216 
10,785 
712 
22,604 
2.667 
7,410 
3,490 
30,416 
646 
10,882 
10,164 
18,896 
17,574 


4,520 

2,587 

7,290 

642 

14,297 
1,596 
3,987 
1,993 

17,104 

596 

6,203 

6,681 

11,476 
9,407 


701 
1,629 
"3,495 
70 
8,307 
1,071 
3,423 
1,497 
13,312 
50 
4,679 
3,483 
7,420 
8,167 


2,211 

9,387 

25,771 

317 

40,592 

3,386 
18,576 

4,674 
55,632 
281 
13,283 
10,180 
78,718 
36,523 


70.25 29.75 
30.99 69.01 
29.50 70.50 
69.19 30.81 
35.77 64.23 
44.06 55.94 
28.52 71.48 
42.75 57.25 

35.35 64.65 
69.69 30.31 
45.03 54.97 
49.96 50.04 

19.36 80.64 
32.49 67.51 


86.57 13.43 
61.36 38.64 
67.59 32.41 
90.17 9.83 

63.25 36.75 
59.84 40.16 
53.81 46.19 
57.11 42.89 
56.23 43.77 

92.26 ' 7.74 
57.00 43.00 
65.73 34.27 
60.73 39.27 
53.53 \ 46.47 


60.82 
19.02 
19.94 


9.43 




11.97 








62.39 6.80 


Essex 


22.62 13.15 


Franklin 






15.35 13.17 































OWNERSHIP AND DEBT IN MASSACHUSETTS. 9 

Table 3.— NUMBEK AND PERCENTAGE OF FAMILIES OCCUPYING OWNED AND HIKED AND FREE AND INCUMBERED 
HOMES, BY CITIES AND TOWNS OF 8,000 TO 100,000 PEOPLE. 



SI> TOWNS. 



Total 231,213 

Adams, Berkshire county . 1,738 

Amesbury, Essex county 2,092 

Beverly, Essex county 2,523 

Brookline, Norfolk county 2,360 

Brockton, Plymouth county 6,155 

Cambridge, Middlesex county 14.151 

Chelsea, Suffolk county 6,206 

Chicopee, Hampden county 2,494 

Clinton, Worcester county 1,991 

Everett, Middlesex county 2,541 

Fall River, Bristol county 14,287 

Fitchburg, Worcester county .. 4,571 

Framinghara, Middlesex county 1,847 

Gardner, Worcester county 1 ,862 

Gloucester, Essex county 4,531 

Haverhill, Essex county 5,782 

Holyoke, Hampden county 6,647 

Hyde Park, Norfolk county 2,132 

Lawrence, Essex county 9,036 

Lowell, Middlesex county 14,836 

Lynn, Essex county 12,174 

Marblehead, Essex county 2,001 

Maiden, Middlesex county 5,129 

Marlboro, Middlesex county 2,654 

Medford, Middlesex county 2,382 

Melrose, Middlesex county 1,912 

Milford, Worcester county 1,975 

Natick, Middlesex county 1,998 

Newton, Middlesex county 4,683 

New Bedford, Bristol county.. 8,752 

Newburyport, Essex eounty I . 3,244 

Northampton, Hampshire county 2,859 

North Adams, Berkshire eounty 3,079 

Pittsfield, Berkshire county 3,373 

Peabody, Essex county 2,100 

Quiney, Norfolk county 3,440 

Salem, Essex county 6,985 

Spencer, Worcester county 1,687 

Springfield, Hampden county 9,838 

Somerville, Middlesex county 8,934 

Taunton, Bristol county 5,349 

Waltham, Middlesex county 3,748 

Westfield, Hampden county 2,158 

Weymouth, Norfolk eounty 2,520 

Woburn, Middlesex eounty 2,794 

Worcester, Worcester county 17,663 



1,477 
2,076 

601 
3,052 
2,767 
2,028 
1,151 

901 
1,304 
1,100 
4,653 



2.137 

3,400 
1,602 



1 ,055 
2,436 
1,513 



1,742 

1,595 
1,074 

884 
2,383 
3,368 
3,763 

942 
2,199 
1,151 
1,021 



2,134 
1,004 



1,344 

2,154 
1,950 



2,187 


1,291 


2,772 


2,154 


1,350 


1,016 


1,230 


620 



1,465 
1,394 



1,214 
1,813 



1,587 
1,373 



1,243 

1,450 
1,612 
4,018 

10,751 
4,604 
1,834 
1,327 
1,486 

11,851 
3,058 
1,094 
1,003 
2,789 
4,187 
5,573 
1,248 
6,653 

11,468 
8,411 
1,059 
2,930 
1,503 
1,361 
934 
1,200 
1,012 
2,496 
5,980 
1,894 
1,629 



1,329 
1,963 
4,909 
1,086 
6,786 
6,167 
3,321 
2,597 
1,257 
1,216 
1,694 



PERCENTAGE OF 

FAMILIES OWNING 

AND HIRING. 



Owning. Hiring. 



2,818 : 13,010 



23.36 


76.64 


40.58 


59.42 


42.53 


57.47 


31.69 


68.31 


34.72 


65.28 


24.03 


75.97 


25.81 


74.19 


26.46 


73.54 


33.35 


66.65 


41 .52 


58.48 


17.05 


82.95 


33.10 


66.90 


40.77 


59.23 


46.13 


53.87 


38.45 


61.55 


27.59 


72.41 


16.16 


83.84 


41.46 


58.54 


26.37 


73.63 


22.70 


77.30 


30.91 


69.09 



47.08 
42.87 
43.37 
42.86 
51.15 
39.24 
49.35 
46.70 
31.67 
41.62 
43.02 
26.40 
29.77 
36.71 
42.94 
29.72 
35.63 
31.02 
30.97 
37.91 
30.71 
41.75 
51.75 
39.37 
26.34 



PERCENTAGE OF 
FAMILIES OWNING 
FREE AND INCUM- 
BERED OF TOTAL 
OWNING FAMILIES 



55.71 



52.92 
57.13 
56.63 
57.14 
48.85 
60.76 
50.65 
53.30 
68.33 
58.38 
56.98 
73.60 
70.23 
63.29 
57.06 
70.28 
64.37 



69.29 
58.25 
48.25 
60.63 
73.66 



50.99 
66.08 
64.86 
65.11 
44.88 
62.76 



44.29 



49.01 
33.92 
35.14 
34.89 
55.12 
37.24 
37.33 



PERCENTAGE OF 
FAMILIES OWNING 
FREE AND INCUM- 
BERED OF TOTAL 

OWNING AND 
HIRING FAMILIES. 



Incum- 
bered. 



17.41 



|, 56.97 
52.41 


43.03 j 
47.59 


34.50 


65.50 


52.87 


47.13 


48.71 


51.29 


51.53 


48.47 


50.99 


19.01 


66.88 


33.12 


58.31 


41.69 


41.25 


58.75 


46.38 


53.62 


56.40 


43.60 


63.95 


36.05 


51.82 


48.18 


76.33 


23.67 


48.66 


51.34 


49.78 


50.22 


54.65 


45.35 


42.23 


57.77 


68.13 


31.87 


47.77 


52.23 


59.03 


40.97 


77.71 


22.29 


75.26 


24.74 


50.41 


49.59 


57.20 


42.80 


60.26 


39.74 


65.76 


34.24 


48.68 


51.32 


69.08 


30.92 


43.59 


56.41 


48.00 


52.00 


50.38 


49.62 


60.55 


39.45 


57.34 


42.66 


56.94 


43.06 


58.13 


41.87 


55.45 


44.55 


39.44 


60.56 



11.91 
26.81 
27.59 
20.63 
15. 58 
15.08 
16.18 
15.07 
17.48 
14.33 

9.01 
16.12 
21.01 
23.52 
25.71 
16.09 

6.67 
19.23 
14.87 
14.52 
16.02 
35.93 
20.86 
21.59 
23.42 
21.60 
26.73 
23.57 
27.57 
24.61 
31.32 
21.68 
15.10 
17.94 
24.14 
20.90 
20.53 
15.53 
14.89 
15.60 
22.96 
17.61 
23.77 
30.08 
21.83 
10.39 



13.84 



11.45 

13.77 
14.94 
11.06 
19.14 

8.95 

9.63 
11.39 
15.87 
27.19 

8.04 
16.98 
19.76 
22.61 
12.74 
11.50 

9.49 
22.23 
11.50 

8.18 
14.89 
11.15 
22.01 
21.78 
19.44 
29.55 
12.51 
25.78 
19.13 

7.06 
10.30 
21.34 
11.30 
11.83 
12.57 
22.04 

9.19 
20.10 
16.13 
15.37 
14.95 
13.10 
17.98 
21.67 
17.54 
15.95 



10 



FARMS, HOMES, AND MORTGAGES. 



Table 4.— NUMBER AND PERCENTAGE OF FAMILIES OCCUPYING OWNED AND HIRED AND FREE AND INCUMBERED 

HOMES IN BOSTON, BY WARDS. 



Itoston, Suffolk county.. 



Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 
Ward 



1,013 
1,052 



2,647 
2,462 
2,330 
2,160 
3,260 
2,011 
2,378 
2,252 
991 
2,978 
2,373 
4,178 
4,413 
3,143 
3,049 
2,392 
1,916 
4,465 
4,408 
3,531 
3,496 
3,269 
3,909 
1,820 



PERCENTAGE OF 

PERCENTAGE OF : FAMILIES OWNING 

FAMILIES OWNING | FREE AND INCUM- 

AND HIRING. BERED OF TOTAL 

OWNING FAMILIES. 



Owning. Hiring. 



18.43 



25.14 
19.32 
17.10 
18.98 
14.08 

4.87 

5.19 
10.87 
10.92 

8.49 
25.62 

3.02 
10.71 
17.22 
18.91 

5.92 



9.25 
15.89 
26.02 
14.77 
37.10 
36.57 
24.70 



Incum- 
bered. 



PERCENTAGE OF 
FAMILIES OWNING 
FREE AND INCUM- 
BERED OF TOTAL 

OWNING AND 
HIRING FAMILIES. 



38.82 



82.90 
81.02 
85.92 
95.13 
94.81 
89.13 
89.08 
91.51 
74.38 
96.98 
89.29 
82.78 
81.09 
94.08 
84.46 
75.02 
90.75 
84.11 
73.98 
85.23 
62.90 
63.43 
75.30 



60.93 
73.19 



70.06 
75.45 
54.55 
77.59 
80.80 
77.17 
61.01 
79.73 
75.25 
64.27 
63.71 
70.83 
61.36 
67.24 
64.40 
66.39 
59.66 
57.10 
52.54 
46.67 
52.09 



39.07 
26.81 
30.31 
26.92 
29.94 
24.55 
45.45 
22.41 
19.20 
22.83 
38.99 
20.27 
24.75 
35.73 
36.29 
29.17 
38.64 
32.76 
35.60 
33.61 
40.34 
42.90 
47.46 



11.27 



Incum- 
bered. 



15.32 
14.14 
11.92 
13.87 
9.86 
3.68 



6.55 J 
15.63 

2.41 

8.06 
11.07 
12.05 

4.19 

9.54 ) 
16.80 

5.96 
10.55 
15.52 J 

8.43 I 
19.49 
17.07 | 
12.87 



7.16 



9.82 
5.18 
5.18 
5.11 
4.22 
1.19 
2.36 
2.44 
2.10 
1.94 
9.99 
0.61 
2.65 



1.73 
6.00 
8.18 
3.29 
5.34 
10.50 
6.34 
17.61 
19.50 
11.83 



Table 5.— VALUE OF FARMS AND HOMES OCCUPIED BY OWNERS AND INCUMBERED, AND AMOUNT AND PERCENTAGE 

OF INCUMBRANCE THEREON, BY COUNTIES. 



COUNTIES. 



FOR FARMS. 



FOR HOMES. 



Number 
of fami- 
lies 



Incum 
brance 





Number 




• 




Percent- 


of fami- 






Percent- 


age of 


owning 


Value. 


Incum- 


age of 
incum- 




Number 








of fami- 






Percent- 


lies 
owning 


Value. 


Incum- 
brance. 




with in- 




brance of 


cum- 






value. 


brance. 








57,304 


$228,645,292 


$102,948,196 


45.03 


701 


1,098,962 


411,874 


37.48 


1,629 


6,087,645 


2,310,912 


37.96 


3,195 


12,747,975 


5,684,860 


44.59 


70 


119,336 


53,170 


44.55 


8,307 


26,302,792 


11,273,679 


42.86 


1,071 


2,612,121 


1,062,254 


40.67 


3,423 


16,385,668 


7,299,912 


44.55 


1,497 


4,119,292 


1,857,154 


45.08 


13,312 


54,888,338 


25,139,195 


45.80 


50 


100,519 


42,252 


42.03 


4,679 


16,795,686 


7,496,856 


44.64 


3,483 


9,371,438 


4,011,313 


43.12 


7,420 


48,871,772 


23,317,701 


47.71 


8,167 


29,143,748 


12,957,064 


44.46 



OWNERSHIP AND DEBT IN MASSACHUSETTS. 



11 



Table 6.— VALUE OF HOMES OCCUPIED BY OWNERS AND INCUMBERED, AND AMOUNT AND PERCENTAGE OF 
INCUMBRANCE THEREON, BY CITIES AND TOWNS OF 8,000 TO 100,000 PEOPLE. 





Number 
of families 






Per- 
centage 
ofin- 

brance 

of 
value. 




Number 
of families 




Per- 
centage 


CITIES AND TOWNS. 


owning 

with 
incum- 


Value. 


Incum- 
brance. 


CITIES AND TOWNS. 


owning 

with 
incum- 


Value. J 


Incum- 
brance. 


b ranee 




brance. 








brance. 






value. 


Total 


32,002 


8133,344,973 


S59.367.910 


44.52 


Marlboro, Middlesex county 

Mcdford, Middlesex county 


1,129 
578 
463 


84,251,795 
1,450,528 
1,802,471 


$2,043,005 
041,397 
837,388 


48.05 
44.22 
46.46 




199 


848,558 


338,264 


39.86 




288 


733,334 


318,923 


43.49 


Melrose, Middlesex county 


565 


2,340,768 


1,096,965 


46.86 


Beverly, Essex county 


377 


1,120,699 


483,792 


43.17 


Milford, Worcester county 


247 


528,033 


221,126 


41.88 


Bi-ookline, Norfolk county 


201 


3,521,212 


1,441,051 


40.92 




515 


1,302,636 


563,385 


43.25 


Brockton, Plymouth county 


1,178 


4,486,794 


1,933,225 


43.09 


Newton, Middlesex county 


896 


6,778,042 


3,217,999 


47.48 


Cambridge, Middlesex county 


1,266 


6,870.399 


3,181.208 


46.30 




618 


1,953,713 


846,430 


43.32 




598 


2,380,899 


949,109 


39.86 


Newburyport, Essex county 


334 


841,448 


340,227 


40.43 














610 


1,808,035 


844,758 


46.72 




316 


993,997 


410,860 


41.33 


North Adams, Berkshire county.. 


318 


1,359,860 


515,482 


37.91 




691 
1,148 


2,546,790 
5,596,694 


1,220,593 
2,483,335 


47.93 
44.37 


Pittsfield, Berkshire county 

Peabodv, Essex countv 


399 
264 


2,007,271 
702,963 


734,644 
314,285 


36.60 


Fall River, Bristol county 


44.71 


Fitchburg, Worcester county 


776 


2,982,529 


1,233,806 


41.37 


Quincy, Norfolk county 


758 


2,666,971 


1,237,039 


46.38 


Framinghnin, Middlesex county.. 


365 


1,151,540 


543,401 


47.19 


Salem, Essex county 


642 


2,020,239 


941,289 


46.59 


Gardner, Worcester county 
























696,661 






1,587 


8,716,164 


4,030,456 


46.24 






2,473,502 
4,072,888 






1,373 


6,252,796 


2,979,244 


47.65 




631 


1,829,025 


44.91 




800 


2,550,053 


1,202,968 


47.17 


Ilvde Park Norfolk countv 


474 


1,777,701 
3,916,761 


888,133 


49.96 




491 
388 


2,240,918 
1,347,410 


970,654 
521,241 


43.32 






38.68 












546 


1,190,365 


526,353 


44.22 




1,813 


6,588,428 


2,805,826 


42.59 


Woburn, Middlesex county 


490 


1,316,231 


576,301 


43.78 




223 


595,855 


245,363 


41.18 


Worcester, Worcester county 


2,818 


14,922,641 


6,798,011 


45.56 




_ 



Table 7.— VALUE OF HOMES OCCUPIED BY OWNERS AND INCUMBERED, AND AMOUNT AND PERCENTAGE OF 

INCUMBRANCE THEREON IN BOSTON, BY WARDS. 




Ward 12 .. 
Ward 13 .. 
Ward 14 .. 
Ward 15 .. 
Ward 16.. 
Ward 17.. 
Ward 18 .. 
Ward 19.. 
Ward 20 .. 
Ward 21 .. 
Ward 22 . 
Ward 23 .. 
Ward 24.. 
Ward 25.. 







Percent- 


Value. 


Incum- 
brance. 


age of 
incum- 
brance 
of value. 


$138,775 


$55,605 


40.07 


505,614 


199,340 


39.43 


1,432,411 


718,034 


50.13 


1,168,014 


504,386 


43.18 


399,080 


178,892 


44.83 


1,524,479 


809,986 


53.13 


2,343,941 


1,208,569 


51.56 


670,657 


339,835 


50.67 


1,559,632 


804,955 


51.61 


3,861,270 


1,943,601 


50.34 


2,848,066 


1,401,893 


49.22 


4,957,538 


2,331,422 


47.03 


6,494,044 


3,190,779 


49.13 


2,097,229 


889,723 


42.42 



12 



FARMS, HOMES, AND MORTGAGES. 



Table 8.— STATE SUMMARY OF NUMBER OF FAMILIES OCCUPYING OWNED AND INCUMBERED FARMS AND HOMES, 
AND THE VALUE THEREOF AND THE INCUMBRANCE THEREON, BY CLASSIFICATION OF AMOUNTS OF VALUE 
AND OF INCUMBRANCE. 







TOTAL. 


FOR FARMS. 


FOR HOMES. 


CLASSIFICATION OF 


For value. 


For incumbrance. 


For value. 


For incumbrance. 


For value. 


For incumbrance. 




OUNTS. 




























Number 




Number 




Number 




Number 




Number 




Number 








Of 


Amount. 


of 


Amount. 


of 


Amount. 


of 


Amount. 


of 


Amount. 


of 


Amount. 






families. 




families. 




families. 




families. 




families. 




families. 






66,249 


3256.894,465 


66,249 


3114,780,137 


8,945 


328,249,173 


8,945 


311,831,941 


57,304 


3228,645,292 


57,304 














276,926 
3,342,165 
9,245,873 
















219,128 


9,878 








4,687 
8,041 


15,808 
11,997 


10,878,506 
13,928,597 




627,421 
1,506,456 














81,000 and l 


nder 31,500 


1,330 


1,565 


1,806,847 


6,705 


7,739,417 


10,432 


12,121,750 


31,500 and i 


nder 32,000 


8,373 


13,664,623 


7,382 


12,209,027 


1,128 


1,810,562 


825 


1,377,633 


7,245 


11,854,061 


6,557 


10,831,394 


32,000 and i 


nder 32,500 


7,290 


15,214,462 


5,588 


11,847,698 


1,057 


2,176,549 


623 


1,316,563 


6,233 


13,037,913 


4,965 


10,531,135 


32,500 and i 


nder 63,000 


6,438 


16,626,155 


3,312 


8,680,431 


840 


2,141,144 


324 


847,785 


5,598 


14,485,011 


2,988 


7,832,646 


33,000 and i 


nder 34,000 


10,017 


32,619,566 


4,184 


13,692,924 


1,252 


4,000,669 


430 


1,414,722 


8,765 


28,618,897 


3,754 


12,278,202 


34,000 and i 


nder 35,000 


5,659 


23,890,583 


2,016 


8,553,170 


732 


3,035,115 


178 


756,521 


4,927 


20,855,468 


1,838 


7,796,649 


35,000 and i 


nder 37,000 


6,947 


38,710,883 


2,119 


11,750,523 


854 


4,699,533 


173 


946,920 


6,093 


34,011,350 


1,916 


10,S03,603 


37,000 and i 


nder $10,000 


3,672 


28,905,405 


921 


7,234,098 


343 


2,681,730 


55 


442,174 


3,329 


26,223,675 


866 


6,791,924 


310,000 and 


under $25,000 ... 


3,652 


48,445,592 


711 


9,592,529 


325 


4,179,529 


35 


474,575 


3,327 


44,266,063 


676 


9,117,954 






634 


25,952,232 


80 


3,033,723 


31 


1,332,667 


4 


128,500 


603 


24,619,565 


76 


2,905,223 







Table 9.— SUMMARY OF NUMBER OF FAMILIES OCCUPYING OWNED AND INCUMBERED HOMES, AND THE VALUE 
THEREOF AND THE INCUMBRANCE THEREON, BY CLASSIFICATION OF AMOUNTS OF VALUE AND OF 
INCUMBRANCE ; TOTAL FOR CITIES AND TOWNS OF 8,000 TO 100,000 PEOPLE AND FOR BOSTON. 



CLASSIFICATION OF AMOUNTS. 



FOR CITIES AND TOWNS OF 8,000 TO 100,000 PEOPLE. 



Total 

Under 3500 

3500 and under $1,000 

31,000 and under $1,500... 
31,500 and under 32,000... 
32,000 and under 32,500.... 
32,500 and under 33,000.... 
33,000 and under 81,000.... 
31,000 and under 35.000... 
35,000 and under $7,000.... 
37,000 and under 310,000... 
310,000 and under $25,000 
325,000 and over 



32,002 3133,344,973 

144 ! 48,008 

1,173 j 865,176 

3,012 I 3,516,863 

3,973 6,550,076 

3,589 7,576,298 

3,434 8,926,083 

5,542 18,163,887 

3,046 12,913,670 

3,838 21,457,163 

2,039 16,038,600 

1,911 25,396,850 

301 11,892,299 



32,002 

4,179 
6,919 
6,281 
4,203 
3,1.34 
1,878 
2,383 
1,097 
1,109 
452 



1,197,108 
4,855,630 
7,346,634 
6,959,727 
6,690,146 
4,931,018 
7,835,453 
4,652,561 
6,179,281 
3,571,652 
4,035,877 
1,112.823 



6,410 ! $45,039,557 

6 ! 1,910 
77 ' 57,880 
197 228,829 
309 509,147 
391 828,151 
1,152,434 
3,431,352 
3,516,264 
,133 6,373,080 
808 6,431,564 
956 12,869,771 
222 9,639,175 



443 
1,043 



For incumbrance. 



6,410 ; 821,701,505 



478,283 
951,452 
1,132,939 
1,666,179 
1,434,967 
2,589,050 
2,003,334 
3,198,316 



2,565,403 
3,974,631 
1,611,700 



OWNERSHIP AND DEBT IN MASSACHUSETTS. 



13 



Table 10.— SUMMARY OF NUMBER OF FAMILIES OCCUPYING OWNED AND INCUMBERED FARMS AND HOMES, AND 
OF THE INCUMBRANCE THEREON, BY RATES OF INTEREST. 

[Rates of interest represented by mixed numbers are combined into groups ; for instance, rates represented by " 1-2 " per cent include all rates greater than 1 per 

cent and less than 2 per cent.) 



RATES OF INTEREST. 



FOR FARMS. 



Number Number ' Number 

of : Ineumbrauce. of Incumbrance. of ] Incumbranc 

families. families. I families. 



The State 66,249 



..do 520 

..do 799 

..do 17,635 

..do 6,064 

..do 36,632 

..do 1,482 



..do.. 



12-13 . 
13-14 . 



2,140 



§11,831,941 I 57,304 j 8102,948,196 



1,050 

2,400 

4,900 

28,435 

183,280 

103,195 

3,941,081 

1,335,939 

5,795,602 

162,929 

169,530 

25,684 

19,847 

750 

3,700 



4,000 
2,260 



158,256 

30 

3,600 

16,050 

13,375 

40,665 

62,781 

2,100,578 

5,538,768 

37,129,212 

13,487,234 

40,022,301 

2,141,281 

1,551,049 

369,959 

179,474 

31,124 

6,577 

16,250 

35,354 

5,300 

10,150 

3,400 

7,397 

1 ,600 

4,146 

1,000 

2,800 

5,160 

750 

1,275 

1,100 



FOR HOMES IN CITIES 
AND TOWNS OF 8,000 
TO 100,000 PEOPLE. 



Number Number ! 

of Incumbrance. of Incumbrance, 

families. ; families. 



9,110 
3,634 
16,613 



1,597,; 
22,860,1 



22,757, 
1,256, 



4,600 

14,130 

16,600 

1,572,406 

3,701,459 

9,070,209 

2,218,968 

4,417,104 

373,515 

146,791 

43,067 

14,231 



12,175 
4,500 
7,500 











1 1 300 













6 4,960 

























' 







14 



FARMS, HOMES, AND MORTGAGES. 



Table 11.— AMOUNT OF ANNUAL INTEREST CHARGE AND AVERAGE VALUE, INCUMBRANCE, ANNUAL INTEREST 
CHARGE, AND ANNUAL RATE OF INTEREST FOR FARMS AND HOMES OCCUPIED BY OWNERS AND INCUMBERED, 
BY COUNTIES. 



The State 83,378 

Barnstable 1,608 

Berkshire I 3,581 

Bristol | 3,540 



Dukes.. 



Franklin 

Hampden.... 
Hampshire. 
Middlesex... 
Nantucket. - 

Norfolk 

Plymouth. . 

Suffolk 

Worcester... 



1,661 
3,189 
2,370 
4,472 
2,737 
4,143 
1,989 



3,582 


3,502 


2,709 


2,976 


6,601 


13,525 


3,451 


2,969 



1,568 
3,737 
3,647 
1,705 
3,166 
2,439 
4,787 
2,752 
4,123 
2,010 
3,590 
2,691 
6,586 



1,379 
1,560 



1,364 1,452 



1,8 

1,226 
1,884 
841 
1,588 
1,153 
3,144 
1,534 



1,223 
1,206 
1,834 
808 
1,445 
1,053 
3,641 



1,419 
1,627 



2,133 
1,241 
1,888 
815 
1,602 
1,160 
3,143 
1,587 



86, 300, 650 



For 
farms. 



26,953 

191,519 ' 

352,220 

3,495 

702,124 

111,746 

432,221 

165,526 

1,534,955 

2,796 

464,048 

253,334 

1,210,873 

845.840 



For 
homes. 



,640,785 



2,165 
66.557 
26,558 
262 
50,938 
56,238 
50,756 



320 

39,898 

14,431 

3,176 

145,878 



24,788 

127,962 

325,662 

3,233 

651,186 

55,508 

381 ,465 

98,633 

1,399,160 

2,476 

424,150 

238,903 

1,207,697 

699,962 



AVERAGE ANNUAL 

INTEREST CHARGE ON 

EACH— 



5.59 
5.73 
5.98 
5.77 
5.21 
5.25 
5.31 
5.58 
5.94 
5.67 
5.90 
5.18 
5.43 



For 
farms. 



For 
homes. 



6.12 


6.02 


5.70 


5.54 


5.79 


5.73 


4.96 


6.08 


5.65 


5.78 


5.20 


5.23 


5.47 


5.23 


5.31 


5.31 


5.69 


5.57 



5.78 
5.45 
5.58 



5.66 
5.91 
5.18 
5.40 



OWNERSHIP AND DEBT IN MASSACHUSETTS. 



15 



Table 12.— AMOUNT OF ANNUAL INTEREST CHARGE AND AVERAGE VALUE, INCUMBRANCE, ANNUAL INTEREST 
CHARGE, AND ANNUAL RATE OF INTEREST FOR HOMES OCCUPIED BY OWNERS AND INCUMBERED, BY CITIES 
AND TOWNS OF 8,000 TO 100,000 PEOPLE. 



CITIES AND TOWNS. 



Total.. 



Adams, Berkshire county 

Amesbury, Essex county 

Beverly, Esses county 

Brookline, Norfolk county 

Brockton, Plymouth, county 

Cambridge, Middlesex county 

Chelsea, Suffolk county 

Chicopee, Hampden county 

Clinton, Worcester county 

Everett, Middlesex county 

Fall River, Bristol county 

Fitchburg, Worcester county 

Framinghani, Middlesex county.... 

Gardner, Worcester county 

Gloucester, Essex county 

Haverhill, Essex county 

Holyoke, Hampden county 

Hyde Park, Norfolk county 

Lawrence, Essex county 

Lowell, Middlesex county 

Lynn, Essex county 

Marblehead, Essex county 

Maiden, Middlesex county 

Marlboro, Middlesex county 

Medford, Middlesex county 

Melrose, Middlesex county 

Milford, Worcester county 

Natick, Middlesex county 

Newton, Middlesex county 

New Bedford, Bristol county 

Newburyport, Essex county 

Northampton, Hampshire county 
North Adams, Berkshire county ... 

Pittsfield, Berkshire county 

Peabody, Essex county 

Quincy, Norfolk county 

Salem, Essex county 

Spencer, Worcester county 

Springfield, Hampden county 

Somerville, Middlesex county 

Taunton, Bristol county 

Waltham, Middlesex county 

Westfield, Hampden county 

Weymouth, Norfolk county 

Woburn, Middlesex county 

Worcester, Worcester county 



Average 


Average 


value of each 


incumbrance 


incumbered 


on each 


home. 


home. 



Total an- 
nual interest 
charge. 



13,491 
3,809 
5,427 
3,981 
3,038 
3,146 
3,686 
4,875 
3,843 
3,155 
2,581 
3,013 
3,720 
6,455 
3,750 
3,770 
4,728 
3,634 
2,672 
3,766 
2,510 
3,893 
4,143 
2,138 
2,529 
7,565 
3,161 
2,519 
2,964 
3,908 
5.031 
2,663 
3,518 
3,147 
2,676 
5,492 
4,554 
3,188 
4,564 
3,473 
2,180 
2,686 
5,295 



1,700 


19,103 


1,107 


19,375 


1,283 


27,970 


5,521 


70,422 


1.641 


113,496 


2,513 


170,882 


1,587 


53,716 


1,201 


18,133 


1,300 


22,612 


1,766 


71,145 


2,163 


136,938 


1,590 


67,981 


1,489 


31,027 


1,112 


26,963 


1,207 


41,840 


1,690 


63,922 


2,899 


94,721 


1,874 


50,372 


1,487 


89,256 


2,005 


133,834 


1,548 


161,355 


1,100 


13,882 


1,810 


116,551 


1,110 


37,923 


1,809 


47,471 


1,942 


62,076 


895 


12,515 


1,094 


32,732 


3,592 


168,227 


1,370 


50,972 


1,019 


19,326 


1,385 


44,251 


1,481 


28,970 


1,841 


38,973 


1,190 


17,983 


1,632 


73,417 


1,466 


54,239 


1,335 


25,481 


2,510 


209,427 


2,170 


165,680 


1,504 


70,314 


1,977 


56,361 


1,343 


27,694 


964 


31,394 


1,176 


32,317 


2,412 


352,444 



Average an- 
nual interest 
charge on 
each home. 



Average an- 
nual rate of 
interest. 



5.65 


6.08 


5.78 


4.89 


5.87 


5.37 


5.66 


5.30 


5.50 


5.83 


5.51 


5.51 


5.71 


5.76 


6.01 


5.69 


5.18 


5.67 


5.78 


5.50 


5.75 



5.66 
5.81 
5.23 
6.02 
5.68 
5.24 
5.62 
5.31 
5.72 
5.93 
5.76 
5.63 
5.20 
5.56 
5.85 
5.81 
5.31 
5.96 
5.61 
5.18 






16 



FARMS, HOMES, AND MORTGAGES. 



Table 13.— AMOUNT OF ANNUAL INTEREST CHARGE AND AVERAGE VALUE, INCUMBRANCE, 
ANNUAL INTEREST CHARGE, AND ANNUAL RATE OF INTEREST FOR HOMES OCCUPIED 
BY OWNERS AND INCUMBERED IN BOSTON, BY WARDS. 



verage Average ir 

leofeach cumbranc* 

-imbered on each 

lome. home. 



a.\ emge an- Avera „ e an . 

Total annual nual interest nufl , rate of 
interest charge, charge on interest. 



Boston. Suffolk county 

Ward 1 

Ward 2 

Ward 3 

Ward 4 

Ward 5 

Ward 6 

Ward 7 

Ward 8 

Ward 9 

Ward 10 

Ward 11 

Ward 12 

Ward 13 

Ward 14 

Ward 15 

Ward 16 

Ward 17 

Ward 18 

Ward 19 

Ward 20 

Ward 21 

Ward 22 

Ward 23 

Ward 24 

Ward 25 



1,560 


37,768 


1,461 


13,751 


1,782 


14,536 


1,489 


11,982 


3,080 


17,321 


2,486 


5,274 


3,617 


9,531 


3,862 


13,515 


7,288 


18,211 


9,103 


8,850 


10,690 


196,749 


3,707 


2,919 


1,608 


10,891 


2,189 


38,408 


1,896 


27,385 


3,195 


8,979 


4,765 


42,077 


5,783 


60,848 


2,098 


18,466 


2,875 


42,458 


3,879 


99,088 


5,392 


68,418 


2,548 


124,992 


2,655 


172,270 


3,111 


49,915 



5.64 
5.54 
5.30 
5,47 
5.31 
5.17 



4.71 
4.63 
4.60 
5.25 



5.43 
5.02 
5.19 
5.03 
5.43 
5.27 



5.36 
5.40 
5.61