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Full text of "Extra census bulletin"

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Aug. 1^94 
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Digitized by the Internet Archive 

in 2010 with funding from 

Boston Public Library 



http://www.archive.org/details/extracensusbulle85unit 



Extra Census Bulletin. 



No. 85. WASHINGTON, D. c. September 29, 1894. 

STATISTICS OF FARMS, HOMES, AND MORTGAGES. 

OWNERSHIP AND DEBT IN WASHINGTON. 



DEPARTMENT OF THE INTERIOR, 

Census Office, 
Washington, D. O, September 14, 1894. 
Sir: 

The leading results of the investigation of farm and home proprietorship in Washington for 1890, conducted 
by Special Agents George K. Holmes and John S. Lord, are contained in this bulletin. In regard to farms, the 
conclusion is that 18.41 per cent of the farm families hire and 81.59 per cent own the farms cultivated by them ; 
that 26.76 per cent of the farm owning families own subject to incumbrance and 73.24 per cent own free of incumbrance. 
Among 100 farm families, 18 hire their farms, 22 own with incumbrance, and 60 without incumbrance. On the owned 
farms there are liens amounting to $6,966,100, which is 28.64 per cent of their value, and this debt bears interest 
at the average rate of 9.87 per cent, making the average annual interest charge $131 to each family. Each owned 
and incumbered farm, on the average, is worth $4,632, and is subject to a debt of $1,327. 

The corresponding facts for homes are that 59.73 per cent of the home families hire and 40.27 per cent own 
their homes; that of the home owning families 79.99 per cent own free of incumbrance and 20.01 per cent with 
incumbrance. In 100 home families, on the average, 60 hire their homes, 8 own with incumbrance, and 32 without 
incumbrance. The debt on owned homes aggregates $5,225,270, or 2S.86 per cent of their value, and bears interest 
atthe average rate of 9.31 per cent, so that the annual amount of interest to each home averages $129. An average 
debt of $1,382 incumbers each home, which has the average value of $4,788. 

There are 3 cities in the state in the class of those having a population of 8,000 to 100,000, and in these cities 
72.14 per cent of the home families hire and 27.86 per cent own their homes, and of the home owning families 26.74 
per cent own with incumbrance and 73.26 per cent own free of incumbrance. In 100 home families, on the average, 
are found 72 that hire their homes, 8 that own with incumbrance, and 20 that own without incumbrance. The liens 
on the owned homes are 28.56 per cent of the value of those subject to lien. Several averages show that the rate 
of interest is 8.81 per cent; value of each owned and incumbered home, $7,562 ; lien on same, $2,160, and yearly 
interest charged on each home, $190. 

Real estate purchase and improvements, when not associated with other objects, caused 57.16 per cent of the 
farm families to incur 62.43 per cent of the farm debt and 74.04 per cent of the home families to incur 72.72 per 
cent of the home debt. 

Very respectfully, 

CARROLL D. WRIGHT, 

Commissioner of Labor in charge. 

The Secretary of the Interior. 
c. o. P.— 4m 



FARMS, HOMES, AND MORTGAGES. 



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

FARMS AND HOMES: 1890. 



CIVIL DIVISIONS. 


Aggre- 
gate. 


FAMILIES OWNING. 


Families 
hiring. 


PERCENTAGE OP 

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 HIR- 
ING FAMILIES. 




Total. 


Free. 


Incum- 
bered. 


Owning. 


Hiring. 


Free. 


Incum- 
bered. 


Free. 


Incum- 
bered. 




70,977 


38,521 


29,488 


9,033 


32,456 


54.27 


45.73 


76.55 


23.45 


41.54 










24,047 
46,930 


19,620 
18,901 


14,369 
15,119 


5,251 
3,782 


4,427 
28,029 


81.59 
40.27 


18.41 
59.73 


73.24 
79.99 

73.26 


26.76 
20.01 


59.75 
32.21 

20.41 














17,652 


4,918 


3,603 


1,315 


12,734 


27.86 


72.14 


26.74 










7,857 
3,439 
6,356 


2,254 

900 

1,764 


1,723 

749 

1,131 


531 
151 
633 


5,603 
2,539 
4,592 


28.69 
26.17 
27.75 


71.31 
73.83 
72.25 


76.44 
83.22 
64.12 


23.56 
16.78 
35.88 


21.93 
21.78 
17.79 


















29,278 


13,983 


11,516 


2,467 


15,295 


47.76 


52.24 


82.36 


17.64 


39.33 


8.43 



Table 2.— VALUE OF FARMS AND HOMES OCCUPIED BY OWNERS AND INCUMBERED AND AMOUNT AND PERCENTAGE 

OF INCUMBRANCE THEREON: 1890. 



CIVIL DIVISIONS. 


Number 

of families 

owning 

with in- 

cumbrance 


Value. 


Incum- 
brance. 


1 
Percent- 
age of 

brance of 
value. 




9,033 


$42,427,919 


812,191,370 


28.73 




5,251 
3,782 


24,320,083 
18,107,836 


6,966,100 
5,225,270 


28.64 
28.86 






1,315 


9,944,214 


2,840,127 


28.56 




531 
151 
633 


3,869,717 
1,594,338 
4,480,159 


1,099,112 

429,580 

1,311,435 


28.40 
26.94 
29.27 








2,467 


8,163,622 


2,385,143 


29.22 



OWNERSHIP AND DEBT IN WASHINGTON. 3 

Table 3.— AMOUNT OF ANNUAL INTEREST CHARGE AND AVERAGE VALUE, INCUMBRANCE, ANNUAL INTEREST 
CHARGE, AND ANNUAL RATE OF INTEREST FOE FARMS AND HOMES OCCUPIED BY OWNERS AND INCUMBERED : 

1890. 



CIVIL DIVISIONS. 


Average 

value of 

each 

bered farm 
or home. 


Average 

brance on 
each farm 
or home. 


Total 
annual 
interest 
charge. 


Average 
annual 
interest 
charge on 
each farm 
or home. 


Average 
annual 
rate of 

interest. 




$4,697 


$1,350 


$1,173,923 


$130 


9.63 




4,632 

4,788 


1,327 
1,382 


687,378 
486,545 


131 
129 


9.87 
9.31 






7,562 


2,160 


250,221 


190 


8.81 


Seattle 


7,288 
10,559 
7,078 


2,070 
2,845 
2,072 


92,127 
40,484 
117.610 


173 
268 
186 


8.38 
9.42 
8.97 






3,309 


967 


236,324 


96 


9.91 





-PERCENTAGE OF FAMILIES OCCUPYING OWNED AND INCUMBERED FARMS AND HOMES AND OF AMOUNT 
OF INCUMBRANCE THEREON, BY RATES OF INTEREST : 1890. 



Under 6 per cent 

6 per cent 

7 per cent 

8 per cent 

6 to 8 percent, in 
Over 6 per cent... 
Over 8 per cent... 
Over 10 per cent.. 
Over 12 per cent 



THE STATE. 



0.29 

1.50 
5.87 
4.28 
12.32 
98.21 
87.39 
19.54 
2.57 



0.49 

1.19 
3.80 
5.63 
11.57 
98.32 
87.94 
17.02 
2.21 



1.06 
4.65 
5.05 
10.60 
21.23 
94.29 
77.71 
19.20 
4.44 



7.06 
5.64 
13.03 
30.35 
91.95 
68.66 
12.64 
2.67 



FOR HOMES IN 

CITIES OF 8,000 TO 

100,000 PEOPLE. 



6.24 
17.19 
31.79 
91.79 
67.53 
6.92 
1.29 



7.28 
15.04 
39.10 
89.87 
60.55 
3.89 
0.72 



BOSTON PUBLIC LIBRARY 



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