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Full text of "Extra census bulletin"

jyb »HA20'1 . 189Q.A2 
Aug. 1 89 
Ian. 18 




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3 1 



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Digitized by the Internet Archive 

in 2010 with funding from 

Boston Public Library 



http://www.archive.org/details/extracensusbulle95unit 



Extra Census Bulletin. 



No. 95. WASHINGTON, D. c. October 13, 1894. 



STATISTICS OF FARMS, HOMES, AND MORTGAGES. 

OWNERSHIP AND DEBT IN WEST VIRGINIA. 



DEPARTMENT OF THE INTERIOR, 

Census Office, 
Washington, D. C, September 28, 1894. 
Sir: 

The leading results of the investigation of farm and home proprietorship in West Virginia 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 26.42 per cent of the farm families hire and 73.58 per cent own the farms cultivated by them ; 
that 12.98 per cent of the farm owning families own subject to incumbrance and 87.02 per cent own free of 
incumbrance. Among 100 farm families, 26 hire their farms, 10 own with incumbrance, and 64 without incumbrance. 
On the owned farms there are liens amounting to $4,825,337, which is 32.22 per cent of their value, and this debt 
bears interest at the average rate of 6.19 per cent, making the average annual interest charge $41 to each family. 
Each owned and incumbered farm, on the average, is worth $2,060. and is subject to a debt of $664. 

The corresponding facts for homes are that 63.66 per cent of the home families hire and 36.34 per cent own 
their homes ; that of the home owning families SI. 06 per cent own free of incumbrance and 18.94 per cent with 
incumbrance. In 100 home families, on the average, 64 hire their homes, 7 own with incumbrance, and 29 without 
incumbrance. The debt on owned homes aggregates $2,788,623, or 34.89 per cent of their value, and bears interest 
at the average rate of 6.34 per cent, so that the annual amount of interest to each home averages $40. An 
average debt of $631 incumbers each home, which has the average value of $1,809. 

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 
66.37 per cent of the home families hire and 33.63 per cent own their homes, and of the home owning families 
22.19 per cent own with incumbrance and 77.81 per cent own free of incumbrance. In 100 home families, on the 
average, are found 66 that hire their homes, 8 that own with incumbrance, and 26 that own without incumbrance. 
The liens on the owned homes are 35.07 per cent of the value of those subject to lien. Several averages show that 
the rate of interest is 6.25 per cent ; value of each owned and incumbered home, $2,818 ; lien on the same, $988, 
and yearly interest charge on each home, $62. 

Real estate purchase and improvements, when not associated with other objects, caused 77.97 per cent of the 
farm families to incur 72.66 per cent of the farm debt and 81.44 per cent of the home families to incur 74.67 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 OF 

FAMILIES OWNING 

AND HIRING. 


PERCENTAGE OF 
FAMILIES OWNING 
FRF.E AND INCUM- 
BERED OF TOTAL 
OWNING FAMILIES. 


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






Total. 


Free. 


bered. 


Owning. 


Hiring. 


Free. 


Incum- 
bered. 


Free. 


bered. 


The State 


140,359 


79,369 


67,678 


11,691 


60,990 


56.55 


43.45 


85.27 


14.73 


48.22 


8.33 








48,763 
18,915 


7,272 
4,419 


20,122 
40,868 


73.58 
36.31 


26.42 
63.66 


87.02 
81.06 


12.98 
18.94 


64.03 
29.46 


9.55 




64,202 23,334 


6.88 








10,571 






789 


7,016 


33.63 


66.37 


77.81 


22.19 


26.17 


7.46 










1,793 
1,698 
7,080 




100 
139 
550 


1 ,325 
1,040 
4,651 


26.10 

38.75 
34.31 


73.90 
61.25 
65.69 


78.63 
78.88 
77.36 


21.37 
21.12 
22.64 


20.52 
30.56 
26.54 


5.58 




658 
2,429 


519 
1,879 


8.19 




7,77 


Rest of state (for homes) 


53,631 ! 19,779 


16,149 


3,630 


33,852 


36.88 


63.12 


81.05 


18.35 


30.11 


6.77 



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

OF INCUMBRANCE THEREON: 1890. 




OWNERSHIP AND DEBT IN WEST VIRGINIA. 



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 DIVISIONS. 


Average 
value of 
each 
Dcum- 
jered farm 
or home. 


Average 

each farm 
or home. 


Total 
annual 
interest 
charge. 


Average 
annual 
interest 
charge on 
each farm 
or home. 


Average 
annual 

interest. 


The State 


81,965 


8651 


8175,631 


841 


6.25 


2,060 
1,809 


661 
631 


298,884 
176.717 


41 
40 


6.19 
6.34 




Three cities (for homes) 


2,818 


988 


48,709 


62 


6.25 


2,907 
2,388 
2.911 


884 

711 

1,077 


6,411 
6,557 
35,801 


6t 

47 
65 


7.25 
6.61 
6.05 








1,589 


553 


127,978 


35 


6.37 





Table 4:.— 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 percent 

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





THE STATE. 
















FOR HO 


MES IN 










CITIES OF 


8,000 TO 










100,000 PEOPLE. 


For ft 


rms. 


For homes. 






For 




For 




For 




number 


For 


number 


For 


number 


For 


of 


amount. 


of 


amount. 


of 


amount. 


families. 




families. 




families. 




3.40 


3.66 


3.85 


3.97 


6.08 


5.58 


80.12 


81.11 


74.29 


70.77 


72.62 


73.78 


2.38 


3.14 


4.14 


5.84 


4.56 


1.49 


5.83 


4.89 


6.22 


7.06 


5.96 


6.84 


89.72 


92.35 


90.29 


91.91 


88.34 


91.15 


16.48 


14.93 


21.86 


25.26 


21.30 


20.61 


6.88 


3.99 


5.86 


4.12 


5.58 


3.27 


0.93 


0.50 


0.88 


0.64 


0.89 


0.22 


0.18 


0.24 


0.43 


0.18 


0.64 


0.19 



BOSTON PUBLIC LIBRARY 



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