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Extra Census Bulletin. 



No. 73. AVASHINGTON, D. C. August 13, 1894. 

STATISTICS OF FARMS, HOMES, AND MORTGAGES. 

OWNERSHIP AND DEBT IN MISSOURI. 



DEPAETMENT OF THE INTERIOE, 

Census Office, 
Washington, D. C, July 2, 1894. 
SiE : 

The leading results of the investigation of farm and home proprietorship in Missouri are contained in this 
bulletin. In regard to farms the conclusion is that 31.0.5 per cent of the farm families hire and 68.9.5 per cent own 
the farms cultivated by them ; that .36.4.3 per cent of the farm owning families own subject to incumbrance and 
63. .57 per cent own free of incumbrance. Among 100 farm families, 31 hire their farms, 25 own with incumbrance, 
and 44 without incumbrance. On the owned farms there are liens amounting to 153,753,011, which is 32.28 per 
cent of their value, and this debt bears interest at the average rate of 7.93 per cent, making the average annual 
interest charge $68 to each family. Each owned and incumbered farm, on the average, is worth 62,643, and is 
subject to a debt of $853. 

The corresponding facts for homes are that 63.74 per cent of the home families hire and 36.26 per cent own 
their homes ; that of the home owning families, 72.08 per cent own free of incumbrance, and 27.92 per cent with 
incumbrance. In 100 home families, on the avei-age, 64 hire their homes, 10 own with incumbrance, and 26 without 
incumbrance. The debt on owned homes aggregates $29,232,658, or 39.78 per cent of their value, and bears 
interest at the average rate of 7.30 per cent, so that the annual amount of interest to each home averages $76. An 
average debt of $1,041 incumbers each home, which has the average value of $2,616. 

There are 6 cities in the class of those having a population of 8,000 to 100,000, and in these cities 59.72 per 
cent of the home families hire and 40.28 per cent own their homes; and of the home owning families, 31.27 per 
cent own with incumbrance and 68.73 per cent own free of incumbrance. In 100 home families, on the average, 
are found 60 that hire their homes, 12 that own with incumbrance, and 28 that own without incumbrance. The 
liens on the owned homes are 38.48 per cent of the value of those subject to lien. Several averages show that the 
rate of interest is 8.05 per cent ; value of each owned and incumbered home, $2,399 ; lien on the same, $923, and 
yearly interest charge on each home, S74. 

Kansas city and St. Louis are the only cities in the state having a population of more than 100,000. In Kansas 
city 76.87 per cent of the home families hire and 23.13 per cent own their homes; 46.22 per cent of the home 
owning families have incumbrance on their homes, and 53.78 per cent own and occupy homes free of incumbrance. 
Among 100 home families, on the average, 77 hire, 11 own with incumbrance, and 12 without incumbrance. 
Averages for each owned and incumbered home : incumbrance, $2,289 ; value, $5,826 ; interest charge for one year, 
$168 ; rate of interest, 7.33 per cent. Homes are incumbered for 39.28 per cent of their value. 

In St. Louis 79.53 per cent of the home families hire and 20.47 per cent own their homes; 26.54 per cent of 
the home owning families have incumbrance on their homes and 73.46 per cent own and occupy homes free of 
incumbrance. Among 100 home families, on the average, 80 hire, 5 own with incumbrance, and 15 without 
incumbrance. Averages for each owned and incumbered home: incumbrance, $1,983; value, $4,323; interest 
charge for one year, S122 ; rate of interest, 6.15 per cent. Homes are incumbered for 45.86 per cent of their value. 

Real estate purchase and improvements, when not associated with other objects, caused 72.26 per cent of the 
farm debtor families to incur 72.74 per cent of the farm debt and 79.74 per cent of the home debtor families ta 
incur 79.89 per cent of the home debt. 

Very respectfully, 

CARROLL D. WRIGHT, 

Commissioner of Labor in charge. 

The Secretary of the Interior. 

C. O. p.— 4ni 



2 FARMS, HOMES, AND MORTGAGES. 

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

FARMS AND HOxMES. 



CIVIL DIVISIOXS. 


Aggre- 
gate. 


FAMILIES OWNING. 


Families 
hiring. 


FAMILIES OWNING 
AND HIKING. 


PERCENTAGE OF 
FAMILIES OWN- 
ING FKEE AND 
INCUMBERED OF 
TOTAL OWNING 

i FAMILIES. 

1 


PERCENTAGE OF 
FAMILIES OWN- 
ING FREE AND 
INCnMBERED OF 
TOTAL OWNING 
AND HIRING FAM- 




Total. 


Free. 


Incum- 
bered. 


Owning. 


Hiring. 


Free. 


Incum- 
bered. 


Free. 


bered. 




528,295 


273,577 


182,472 


91,105 


254,718 


51.78 


48.22 


66.70 


33.30 


34.54 










250,832 
277,463 


172,957 
100,620 


109,946 
72,526 


63,011 
28,094 


77,875 
176,843 


68.95 
36.26 


31.05 
63.74 


63.57 
72.08 


36.43 
27.92 


43.83 
26.14 




For homes 


10.12 


Kansas city and St, Louis (for homes) 


117,883 


24,838 


17,039 


7,799 


93,045 


21.07 


78.93 


68.60 


31.40 


14.45 


6.62 


Kansas city, Jackson county 


26,519 
91,364 


6,134 
18,704 


3,299 
13,740 


2,835 
4,964 


20,385 
72,660 


23.13 
20.47 


76.87 
79.53 


; 53.78 
73.46 


46.22 
26.54 


12.44 
15.04 


10.69 








23,722 


9,556 


6,568 


2,988 


14,166 


40.28 


59.72 


68.73 


31.27 


27.69 


12.59 




Hannibal, Hai-ion county 


2,848 
1,984 
1,722 
9,856 
2,872 
4,440 


1,154 
938 
848 
3,329 
1,294 
1,993 


923 

787 
561 

2,291 
828 

1,178 


231 

151 
287 
1,038 
466 
815 


1,694 
1,046 
874 
6,527 
1,578 
2,447 


40.52 
47.28 
49.25 
33.78 
45.06 
44.89 


59.48 
52.72 
50.75 
66.22 
54.94 
55.11 


79.98 
83.90 
66.16 
68.82 
63.99 
59.11 


20.02 
16.10 
33,84 
31.18 
36.01 
40.89 


32.41 
39.67 
32.58 
23.25 


8.11 
7.61 
16.67 
10.53 




St. Joseph, Buchanan county 




26.53 18.36 




Rest of state (for homes) 


135,858 


66,226 


48,919 


17,307 


69,632 


48.75 


51.25 


73.87 


26.13 


36.01 12.74 



Table 2.— VALUE OF FARMS AND HOMES OCCUPIED BY OWNERS AND INCUJIBERED 
AND AMOUNT AND PERCENTAGE OF INCUMBRANCE THEREON. 



CIVIL DIVISIONS. 



Incumbrance. 



brance of 
value. 



The State 

For farms 

For homes 

Kansas city and St. Louis (for homes)... 

Kansas city, Jackson county 

St. Louis 

Six cities (for homes) 

Hannibal, Marion county 

Joplin, Jasper county j 

Moberly, Randolph county ; 

St. Joseph, Buchanan county 

Sedalia, Pettis county 

Springfield, Greene county 

Rest of state (for homes) 



63,011 
28,094 



2,835 
4,964 



166,539,160 
73,488,920 



16,517,764 
21,461,062 

7,167,801 

430,236 
261,980 
420,954 

3,220,117 
895,950 

1,938,-564 

28,342,293 



53,753,011 
29,232,658 



6,487,982 
9.812,384 

2,758,468 

176,864 
73,095 
165,191 
1,247,701 
315,883 
749,734 

10,143,824 



32.28 
39.78 



39.28 
45.86 



41,11 
27,90 
39.24 
38.75 
38.61 
38.67 



OWNERSHIP AND DEBT IN MISSOURI. 

TABLE 3.— AMOU.VT 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. 



CIVIL DIVISIONS, 



The State 

For farms 

For homes 

Kansas city and St. Louis (for homes), 

Kansas city, Jaokson county 

St. Louis 

Si.x cities (for homes) 

Hannibal, Marion county 

Joplin, Jasper county 

Moberly, Randolph county 

St Joseph, Buchanan county 

Sedalia, Pettis county 

Springfield, Greene county 

Eest of state (for homes) 



Average 

value of 

each 



farm or 
home. 



Average a 1 

ncum- i Total annual in"tere°st Average 
ual 



' brance 
on each 
farm or 

[ home. 



interest 
charge. 



2,643 
2,616 



2,399 



1,862 
1,735 
1,467 
3,102 
1,923 



charge 
on each 
farm or 

home. 



rate of 
interest. 



Table 4.— PERCENTAGE OF FAMILIES OCCUPYING OWNED AND INCUMBERED FARMS AND HOMES AND AMOUNT OF 

INCUMBRANCE THEREON, BY RATES OF INTEREST. 



RATES OF INTEREST. 



THE STATE. 



For num- 
ber of 
families. 



For num- 
ber of 
families. 



Under 6 per cent 1.04 | 1.41 

6percent [ 9.65 | 13.32 

7 per cent : 9.12 ; 11.30 

Spercent 37.15 ' 41.05 

6 to 8 per cent, inclusive ' 59.22 { 72.66 

Over 6 per cent [ 89.31 ; 85.27 

OverSpercent i 39.74 j 25.93 

Over 10 per cent I 0.44 j 0.22 

Over 12 per cent i 0.23 0.09 



20.77 
6.41 
30.35 
60.40 
76.23 
36.60 
0.75 
0.38 



FOR HOMES IN CITIES 

OF 8,000 TO 100,000 

PEOPLE. 



For num- 
ber of 
families. 



4.70 
35.63 

9.13 
27.69 
78.23 
59.67 
17.07 

0.45 

0.20 



0.70 
10.24 

5.39 
41.83 
62.48 
89.06 
36.82 

0.71 

0.47 



0.44 
14.39 



For num- 
ber of 
families. 



0.78 
14.14 
15.41 
49.07 
85.39 



85.17 


85.08 


27.44 


13.83 


0.53 


0,46 


0.16 


O.U 



For 
amount. 



0.68 
22.81 
16.89 
40.62 
92.09 
76.51 
7.23 
0.25 
0.05 



For num- 
ber of 
families. 



11.71 
69.90 
6.33 
7.96 
86.48 
18.39 
1.81 
0.58 
0.44 



11.72 
71.51 
5.05 
6.62 
87.02 
16.77 
1.26 
0.45 
0.32 



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