St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-08-31
ST.PAUL SECOND ON THE LIST
OF Cities Over TOO, 600 Inhabi.
tants, as Given in the
Census. Bulletin.
BUT LIGHTLY INCUMBERED.
Even Better Showing Made by
Statistics Of Ownership
of Farms.

WASHINGTON, Aug. 30.-The census
ONCE gave to the public today the prin-
clpal results of the investigation or
farm and home proprietorship 10 all of
the states and territories. This is the
hrst Investigation of the kind ever COLI.
Quoted in any country. Ofthe IL, 500, So
families in the whele country almost As
per cent own their own farms and
homes, and the rest hire. or
the Families owning farms and homes
aiuieSe 70 per cent have ineum-
ORANGES, and over q per cent have no
incumbrance. The number of resident
owners in the United States is 6.O66. 147.
10 which must be added auy land own
ers who may be living in tenant fam
lies. The farm families number
4.676, l79, Of which 66 per cent own their
Farms ana others hire. OF the owning
families Is per cent have membranes
on their farms. In 1880 1856 per cent of
the farms were hired.
In the cities that contain over 100, 900
popuIatlon there are l. 94S, 1874 home fam.
HES, OF which almost % per cent own
and n per cent hire, while of the own
Ing families SO per cent own subject to
Ihcumbrance. Among the cities having
lUo,0o0 population and over, New York
has the highest percentage of home
tenancy, nearly 1857; Boston is next,
with Sl.57 per cent; Brooklyn
third with sl.44 per cent. Jersey City
fourth with Sl.20 per cent, and Cinein
natl fifth with S0.82 per cent. The per-
centage for Baltimore is 70 "a; Buffalo,
600s; Chicago, 7l.27; cleveland, 60. 90:
Denver, 1883; Minneapolis. $3.50: New
Orleans. 1851; Philadelphia, II 81: st.
Louis, 1888; st. Paul. $3.50; San Fran
cisco, 1916, and Washington. D. G.,
74.0O. The smallest percentage, Sc, rep
resents Rochester. N. Y.
Bringing the urban population into
contrast with the nom urban population.
almost a per cent of 1924, $50 home
families living outside of cities and
towns of 5000 people own their homes.
and ST per cent hire. OF the owning
families n per cent own without incum-
brance.
The value of the 1896. 800 incumbere
farms and homes is s., 1857. 296, 1853. and
the membranes aggregate 81, l32, &c.
563, or $3.50 per cent of the value.
VI the lncumbrance on farms and
homes over % per cent bears interest at
rates less than per cent, 81 per cent at
the rate or per cent, SO per cent at
rates greater than 6 per cent, and IL per
cent at rates greater than per cent.
The average of value Of each owned
ana fl1cunlbered farm in the United
States is S3,444. oil each incumbered
home $3.50, and the average incum.
brance on each of the farms is S1,224, ON
each lncumbered home 81 ,293.
Ihe $50, 957 farms subject to incum.
oranee are worth s., 054, 923. 1865, and the
lncumbrance is $1.0S5. 995, $50, or 1856
per cent OF tile value. The 500. 93s33
homes subject to ineumbrance are
valued at 81, 632. 574 S04, and the incum-
orange is Sl.o4o, 953. GUS, OF 80. n per cent
OF the value.
The cities of 5000 to 100000 pepula.
ton have 214,613 incumbered homes
occupied by owners, worth S739. SIT, o47.
with an lncumbranee amounting to
S292,6ll.974. which is 1886 per cent of
the value.
Ill the cities of 100000 popula ion or
over the value of the 16S. 1853 incumbered
homes occupied 10y owners is 1914. 1871
Sll, and these homes are Incumbered
for $685., 029, 1858, or for 1901 per cent of
their value.
In the country, outside of cities and
towns OF 5000 people and over. the value
OF the 427, 16f iHcumbered homes oecu-
pied by owners is 1895. 337, oO6, and tile
iheumeranee Is $50, 3IT, 796, or 81. 10 per
cent OF the value.
In the cities having at least 100000
popuiatlon,S5,5 800 represents the average
value OF each owned and ineumbereu
nome. New York has the highesr
values, $4,000: San Francisco SECONDS
with 1888. Brooklyn third with S7.S49.
omaha fourth with 81, 179. aud Washing
ton NTH with S1,045. .Fhe annual inter
est charge Oh each owned and fncum
Dered home IN these cities is 1854. the
highest amount being S43e in New York.
and the lowest amounting to S33 i'm
Louisville. Denver has the highest
average rate of interest on the lucufu-
brance on owned and ineumbered
homes, namely 7.S7 per cent, and New
orleans Is second, with 7.65 per cent.
New York has the lowest rate. 4.95 per
per cent, and Boston stands next, with
5. Ia per cent.
Over "a per cent of the incumbrance
On owned farms was incurred in buying
real estate and making improvements.
and over So Der cent of the lncunbranee
was for the purpose of buying and inn
proving real estate, investing in BUSH
hess, etc. Over 81 per cent of the in
cumbfahce on homes was incurred 10
secure purchase money and to make
improvements.