Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-08-31
WNERSHlP OF HOMES
The Census Investigation Into Farm and
Home Proprietorship.
The Percentage Of Home and Farm
Families That Are Owners Either
I'm Whole or In Part.

The census office has given out the prin-
cipal results OF the investigation OF farm
and home proprietorship which was made
in all of the states and territories. This is
the first investigation Of the kind ever
conducted for this or any other country.
OF the 12,690,1 52 families In the whole
country 47.S0 per cent own their farms and
homes and 500 per cent hire; and of the
families owning their farms and homes
27.97 per cent have incumbrance thereon
and 12O3 per cent no incumbrance. Among
100 families, the average, 81 hire their
farms and homes, IS own free OF incum-
brance and 13 own subject to incumbrance
The number of resident owners of land in
the United States is 6.066417 plus such q
number of landowners may be living In
tenant families.
The farm families number 4,767, 179. Of
which 65.92 per cent own their farms and
34.OS per cent hire, while of the owning
families 2s.22 per cent have incumbrance
on their farms and Ills per cent have
none. In 1880 1856 per cent Of the farms
were hired. Among 100 farm families, on
the average, "a hire their farms. Al own
free Of incumbrance and 10 own subject to
incumbrance.
are that $500 per cent own their homes
and 63. 10 per cent hire them, while Of the
owning families 27.70 per cent own their
homes subject to incumbrance and 1890
per cent free. One hundred home families,
on the average. contain 60 that hire their
homes, "a thar own free Of incumbrance
and 10 that own subject to incumbrance.
The cities and towns OF 5000 to 100000
population are aggregated for the 1. 749,579
home families that live In them, and Of
these families 1896 per cent own their
homes and 64.04 per cent hire, while Of the
owning families Bali per cent own subject
incumbrance. In 100 home families, on the
average "a hire their homes "A own free OF
incumbrance and IL own subject to in
cumbrance.
Percentage of Home Tenancy.
In the cities that contain over 10000 pop
ulation there are LAS s54 home families. Of
which Dbl So per cent own their homes, and
17.17 per cent hire. while Of the owning
families, $3.50 per cent own subject to in
cumbrance and CLIO per cent free OF in
cumbrance In 100 home families in these
cities On the average seventy-seven hire
their homes. fourteen own free OF incum-
brance, and nine own under incumbrance.
Among the cities having 10000 population
and over, New York has the highest per-
| centage Of home tenancy, namely. 1857:
| Ign third, with IA per cent: Jersey City
| fourth, with S120 per cent, and Cincinnati
| fifth, with S0.S2 per cent The percentage
for Baltimore is 1894; for Buffalo, 6OoS; for
| Chicago, 71.27; for Cleveland, 6O.9o; for
Denver, 10S9; for Minneapolis, $3.50; for
| New Orleans 1851; for Philadelphia, 77.24;
| for St Louis. 1888: for st. Paul, $3.50; for
| San Francisco, 1916; for Washington. ID. c..
14.SO. The smallest e-56.02-rep-
resents Rochester, n. Y.
To bring the urban population into con-
trast with the non-urban, totals have been
| obtained for 4.2l4, $50 home families living
outside of cities and towns of 5000 people
| and over, and OF these families 437s per
cent own their homes, 1922 per cent hire.
while of the owning families 800 per cent
own with incumbrance, and 1881 per cent
own without incun1brance. Among 100 of
these home families, on the average fifty
] six hire their homes. thirty-four own free
| of incumbrance. and ten subject to incum-
brance.
The value of the 16s6 $50 farms and
homes subject to incumbrance is $, 6s7. 29S. =
O69. and the incumbrance on them is s., 49, =
9i9. 563. or $3.50 per cent OF the value. The
SS6.957 farms subject to incumbrance are
worth $S,054. 923. 165, and the incumbrance
/ is LOSS 995, 96O, or 1855 per cent OF the
value. The Sy9, 953 homes subject to incum-
brance are valued at s.. 6S2, .sO4. and the
| inedmbrance is Sl.046, 95S. Gus, or 3e77 per
cent Of the value. - ..--.
Incumbered Homes and Farms.
The cities Of 5000 to 100000 population
| have 2l4.6l3 incumbered homes occupied by
| owners. worth s739 si6Os7. with an incum-
| brance amounting to 500. 81, 974. which is
1855 per cent OF the value.
In the cities Of 100000 population and
over the value Of the les. 159 incumbered
homes occupied by owners is 1894, 19l ,s1l.
and these homes are incumbered for $685.
029, $685. or for 4201 per cent OF their value.
In the country outside of cities and towns
of 500 people and over the value of the
| ers is s95S. 337 ,0O6. and the incumbrance Is
1851. 81. 796, or $40 per cent of the value.
OF the incumbrance on farms and homes.
20 per cent bears interest at rates less
/ Of per cent; 1896 per cent at rates greater
than per cent, and 10.9S per cent at rates
greater than per cent
The average value of each owned and In
numbered farm in the United States IL
s., "A: of each incumbered home. 3.2J0, and
the average incumbrance on each Of the
farms Is $1,224; on each incumbered home.
1,293 The interest charge for one year on
homes is Sal. 91O, 1O6; on the owned and in
| cumbei ed farms. SIC. 72sO77: on the owned
and incumbered homes, s65. lS2.O29. The
average interest charge for one year on
| each owned ard incumbered farm is SS1; on
| each home, $50. The average rate of in
terest on the incumbrance on the owned
farms is 7.07 per cent: on homes. 623 per
cent; total for farms and homes. 665 per
cent
In the cities Of 5000 to 100000 popula-
| ton, the average value OF each owned and
incumbered home is $3.447, average incum-
brance, H.363: average annual interest
charge, $50; average rate Of interest, a29
per cent.
Average Value of Homes.
In the cities having at least 10000 pop-
| ulation. $5,555 represents the average value
of each owned ana incumbered home. New
York has the highest value. namely, sle, 200;
San Francisco is second, with ST. 1898; Brook
Ign. third. with s7,349; Omaha, fourth. with
$,l19 and Washington, fifth, with S7,O54
The annual interest charge on each owned
and jncumbered home in these cities lie Sl3I
The highest amount being $685. in New
York, and the lowest amount $33 in Louis
Vile. Denver has the highest average rate
OF interest on the incumbrance on owned
and incumbered homes, namely, 7S7 per
cent and New Orleans is second, with 5SO
per cent. New York has the lowest rate.
49o per cent. and Boston stands next, with
5.14 per cent
1t was ascertained that 74.22 per cent
or the incumbrance on owned farms was
incurred for the purpose of buying real
estate and making improvements, and that
S3ol per cent OF the incumbrance was for
the purpose of buying and improving real
estate, investing in business and purchas-
Ing the more durable kinds of personal
property. In the case of homes. 81 "a per
i MANI