(navigation image)
Home American Libraries | Canadian Libraries | Universal Library | Community Texts | Project Gutenberg | Children's Library | Biodiversity Heritage Library | Additional Collections
Search: Advanced Search
Anonymous User (login or join us)
Upload
See other formats

Full text of "Extra census bulletin"

jyo *HA20I . I890.A2 

Aug. 1894- 
lan. IB 





n 



. ■ <■■&&$ 




V 



Digitized by the Internet Archive 

in 2010 with funding from 

Boston Public Library 






http://www.archive.org/details/extr^censusbulle89u / nit 



Extra Census Bullet! 



No. 89, WASHINGTON, D. C. October 4, 1894. 



STATISTICS OF FARMS, HOMES, AND MORTGAGES. 

OWNERSHIP AND DEBT IN INDIANA. 



DEPARTMENT OF THE INTERIOR, 

Census Office, 
Washington, D. C, September 20, 1894. 
Sib: 

The leading results of the investigation of farm and home proprietorship in Indiana 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 29.25 per cent of the farm families hire and 70.75 per cent own the farms cultivated by them ; 
that 33.10 per cent of the farm owning families own subject to incumbrance and 66.90 per cent own free of 
incumbrance. Among 100 farm families, 29 hire their farms, 2-4 own with incumbrance, and 47 without 
incumbrance. On the owned farms there are liens amounting to $46,751,153, which is 30.30 per cent of their value, 
and this debt bears interest at the average rate of 6.89 per cent, making the average annual interest charge $67 to 
each family. Each owned and incumbered farm, on the average, is worth .$3,209, and is subject to a debt of $972. 

The corresponding facts for homes are that 52.85 per cent of the home families hire and 47.15 per cent own 
their homes; that of the home owning families 74.26 per cent own free of incumbrance and 25.74 per cent with 
incumbrance. In 100 home families, on the average, 53 hire their homes, 12 own with incumbrance, and 35 without 
incumbrance. The debt on owned homes aggregates $19,967,087, or 33.77 per cent of their value, and bears interest 
at the average rate of 6.89 per cent, so that the annual amount of interest to each home averages $43. An average 
debt of $628 incumbers each home, which has the average value of $1,861. 

There are 17 cities in the state in the class of those having a population of 8,000 to 100,000, and in these cities 
59.57 per cent of the home families hire and 40.43 per cent own their homes, and of the home owning families 29.09 
per cent own with incumbrance and 70.91 per cent own free of incumbrance. In 100 home families, on the average, 
are found 59 that hire their homes, 12 that own with incumbrance, and 29 that own without incumbrance. The 
liens on the owned homes are 34.87 per cent of the value of those subject to lien. Several averages show that the 
rate of interest is 6.95 per cent; value of each owned and incumbered home, $2,117; lien on the same, $738, and 
yearly interest charge on each home, $51. 

Indianapolis is the only city in the state having a population of more than 100,000. In this city 66.90 per 
cent of the home families hire and 33.10 per cent own their homes; 36.14 per cent of the home owning families 
have incumbrance on their homes and 63.86 per cent own and occupy homes free of incumbrance. Among 100 
families, on the average, 67 hire, 12 own with incumbrance, and 21 without incumbrance. Averages for each owned 
and incumbered home: incumbrance, $1,084; value, $2,951; interest charge for one year, $69 ; rate of interest, 
6.34 per cent. Homes are incumbered for 36.75 per cent of their value. 

Real estate purchase and improvements, when not associated with other objects, caused 77.56 per cent of the 
farm families to incur 79.13 per cent of the farm debt and 81.55 per cent of the home families to incur 81.13 per 
cent of the home debt. 

Very respectfully, 

CARROLL D. WEIGHT, 

Commissioner of Labor in charge. 

The Secretary of the Interior. 

C. O. P.-4m 



2 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 OF 

FAMILIES OWNING 

AND HIRING. 


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


PERCENTAGE OF 
FAMILIES OWNING 
FREE AND INCU3I- 
BBRED OF TOTAL 
OWNING AND HIRING 
FAMILIES. 




Total. 


Free. 


Incum- 
bered. 


Owning. 


Hiring. 


Free. 


Incum- 
bered. 


Free. 


Incum- 
bered. 




467,146 


26S,724 


188,871 


79,853 


198,422 


57.52 


42.48 


70.28 


29.72 


40.43 


17.09 






205,331 
261,815 


145,275 
123,449 


97,196 
91,675 


48,079 
31,774 


60,056 
138,366 


70.75 
47.15 


29.25 
52,85 


66.90 
74.26 


33.10 
25.74 


47.34 
35.01 


23.41 
12.14 








22,979 


7,606 


4,857 


2,749 


15,373 
36,918 


33.10 
40.43 


66.90 


63.86 


36.14 


21.14 


11.96 




Seventeen cities (for homes) 


61,970 


25,052 


17,765 


7,287 


59.57 


70.91 


29.09 


28.67 


11.76 






625 

798 

2,361 

2,15S 

687 

470 

1,141 

906 

748 


228 
488 
602 
896 
169 








73.27 
62.05 
79.68 
70.66 
80.26 
58.97 
78.80 
70.73 
78.99 
65.91 
60.59 
65.46 
75.18 
73.20 
65.36 
61.56 
83.57 




10.88 
18.12 

6.34 
12.33 

7.57 
17.52 

8.42 
12.51 




2,694 1,286 
9,494 2,963 
7,267 3,054 
2,232 856 
1,866 797 
3,647 i 1,448 
2,997 1,281 
1,951 947 
1,889 784 
2,149 1,147 
2,198 857 
4,436 1,781 


1,408 
6,531 
4,213 
1,376 




37.95 
20.32 
29.34 
19.74 
41.03 
21.20 
29.27 
21.01 
34.06 
39.41 
34.54 
24.82 
26.80 
34.64 
38.44 
16.43 


29.62 
24.87 
29.70 
30.78 
25.19 
31.28 
30.23 
38.34 
27.37 
32.34 
22.46 
30.18 
31.03 
29.29 
23.60 
37.68 










42.03 
38.35 
42.71 
39.70 
42.74 
48.54 
41.50 
53.37 
34.31 
40.15 
42.39 
44.82 
38.33 
45.09 


57.97 
61.65 
57.29 
60.30 
57.26 
51.46 
58.50 
46.63 
65.69 
59.85 
57.61 
55.18 
61.67 
51.91 








307 j 2,199 
375 1,716 
199 || 1,004 








14.13 






. 


1,002 
1,641 
2,655 
2,206 
2,505 
4,022 
1,023 




561 
1,339 
1,188 
1,330 
1,539 

702 


296 
442 
435 
705 
961 
138 


11.85 
9.97 




Richmond 




4,510 
6,522 
1,863 


2,035 

2,500 

810 


















176,866 


90,791 


69,053 


21,738 


86,075 


51 33 


48.67 


76.06 


23.94 


39.04 


12.29 







OWNERSHIP AND DEBT IN INDIANA. 3 

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

OF INCUMBRANCE THEREON: 1890. 



Incumbrance. 



incum- 
brance of 
value. 



For farms.... 
For homes.. 



Indianapolis (for homes)., 



Seventeen cities (for homes).. 



Anderson- 
Elkhart.... 

Eva 



ille 



Fort Wayne.... 
Jeft'ersonville.. 

Kokomo 

Lafayette 

Logansport 

Madison 

Marion 

Michigan city 

Muncie 

New Albany... 

Richmond 

South Bend .... 
Terre Haute.... 
Vincennes 



Rest of state (for homes) . 



48,079 
31,774 



$66,718,240 



154,285,755 
59,130,289 



46,751,153 
19,967,087 



15,430,126 



424,589 

981,606 

1,213,448 

2,448,919 

276,827 

722,129 

724,779 

859,556 

261,015 

596,196 

738,960 

664,446 

868,054 

951,356 

1,184,529 

2,277,018 

236,699 



122,013 
367,528 
410,828 
825,930 
104,270 
207,416 
270,087 
260,341 
109,522 
170,861 
273,023 
213,490 
335,385 
326.150 
395,782 
889,101 
98,479 



35,588,311 



30.30 
33.77 



34.87 



28.74 
37.44 
33.86 
33.73 
37.67 
28.72 
37.26 
30,29 
41.96 
28.66 
36.95 
32.13 
38.64 
34.28 
33.41 
39.05 
41.61 



32.61 



TABLE 3,— 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 : 
1890. 



CIVIL DIVISION- 



The State 

For farms 

For homes 

Indianapolis (for homes) 

Seventeen cities (for homes).. 

Anderson 

Elkhart 

Evansville 

Fort Wayne 

Jefferson ville 

Kokomo 

Lafayette 

Logansport 

Madison 

Marion 

Michigan city 

Muncie 

New Albany 

Richmond 

South Bend 

Terre Haute 

Vincennes 

Rest of state (for homes) 



3,209 
1,861 



Total annual 
interest 
charge. 



3,219,213 
1,376,556 



374,029 

8,755 
25,062 
26,996 
56,104 

7,686 
14,630 
18,165 
18,715 

6,709 
12,239 
18,343 
15,454 
22,265 
22,475 
28,608 
65,457 



7.05 
6.73 



6.72 
7.24 
6.64 
6.89 
7.23 
7.36 
6.46 



FARMS, HOMES, AND MORTGAGES. 



Table 4. 



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



OF INTEREST. 



THE STATE. 



Under 6 per cent 

6 per cent 

7 per cent 

8 per cent 

6 to 8 per cent, inclusive 

Over 6 per cent ' 64.47 

Over 8 per cent 0,96 

Over 10 per cent ' 0.12 

Over 12 per cent I 0.02 



33.94 



'.17. IS 



27.75 
97.31 
64.04 
0.81 
0.07 

o.ot 



39.15 
13.45 
39.99 
96.14 
59.07 
2.08 
0.52 
0.15 



40.09 
18.09 
30.73 
96.44 
58.08 
1.73 
0.3S 
0.11 



FOR HOMES IN 

CITIES OF 8,000 TO 

100,000 PEOPLE. 



For 
number 

of 
families. 


For 
amount. 


2.68 


2.57 


36.97 


35.31 


16.17 


20.81 


3S.08 


32.09 


95.16 


95.68 


60.35 


62.12 


2.16 


1.75 


0.64 


0.54 


0.26 


0.23 

1 



For 
number For 

amount, 
families. 



1.56 
65.30 

16.70 
8.66 
96.37 
33.14 
2.07 
0.33 
0.11 



2.20 

65.73 
16.91 
5.30 
96.28 
32.07 
1.52 
0.19 
0.06 



BOSTON PUBLIC LIBRARY 



3 9999 06398 553 3 



L';:.U 14 Jbi>/