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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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