The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1894-08-31
STATISTICS ON HOMES.
An Interesting Report from the
Census Bureau,
THE METROPOLIS IN THE LEAD


Citizens Owning Their own Homes Than
Any other City IN the Country-Boston
Second, Philadelphia Eighth.
WASHINGTON, Aug. 91.-The census Of
flee gives TO the public the principal re-
suits Of the investigation Of farm and
home proprietorship in all the states and
territories This is the first investigation
Of the kind ever conducted in any country.
OF the 12 $50, 1852 families in the whole
country almost 40 per cent own their
farms and homes, and the rest rented
OF the families owning farms and homes
almost 2S per cent. have membranes,
and over " per cent have no iucumbrance.
The number of resident owners of land in
the United States is 6,066 Az, to which
must be added any landowners who may
be living in tenant families.
The farm families number 4,767, 179, of
which 66 per cent. own their farms and
the others rent. OF the owning families
over % per cent. have incumbrances on
their farms. In 1880 25. SO per cent. of the
farms were rented.
In the cities that contain over 100000
population there are ], ,94S, 1874 home fam
lilies, of which almost % per cent. own
and n per cent. rent, while Of the owning
families 3S per cent own subject to in
cumbrance. Among the cities having
100, 900 population and over New York has
the highest percentage of home tenancy,
namely, 93.67; Boston is next, with 81. 81 per
cent; Brooklyn third, with 81. "A per cent;
Jersey City fourth, with 81 20 per cent,
and Cincinnati fifth with SOS2 per cent.
The percentage for st. Louis is 79 SO; New
Orleans, 1851; Philadelphia, 1924; Wash
ington Cd. C), 74.S0; Baltimore, T3 "a; Chi
cago, 7l.27; Denver, 7O.s9, San Francisco.
70.46; Minneapolis, IS. s6 Cleveland, 6O9O;
Buffalo, 60 03; ST. Paul, $3.50. The small
est percentage, So, represents Rochester,
N. Y.
Bringing the urban population into
contrast with the non-urban population,
almost A per cent, or 4 ,224 $50 home fam
lies living outside of cities and towns of
5000 people and over own their homes,
and 30 per cent rent OF the owning fam
lilies n per cent. own without incum-
brance.
The value of the ,696, $50 incumbered
farms and homes is $685.. 29s, ,O69, and the
membranes aggregate S2, 1872 949. sos, or
$3.50 per cent. Of the value. The $50. 957
farms subject to incumbrance are worth
S3,054, 928, l65, and the incumbrance is
81, ,0S5, 995, $50, OF 35.55 per cent. Of the
value. The S09933 homes subject to in
cum mbrance are valued at g, $50 374, 904,
and the incumLrance is 81 ,046, 1858. .6O3, or
39. n per cent. OF The value.
The cities of 8 600 to 100, 600 population
have 4,6l3 incumbered homes, occupied
by owners, worth ST39, SAG 0s7, with an in
cumbrance amounting to 1892, Gil, ,974,
which is 39.55 per cent of the value.
In the cities of 100000 population and
over the value of the 16S, 159 incumbered
homes occupied by owners is 1894. 191 ,S1I.
and these homes are incumbered for S3g3,-
| 029, S33, or for 4205 per cent. of their value.
In the country, outside of cities and
towns of 5000 people and over, the value
of the 427 1Gl incumbered homes occupied
| by owners is S95S, 337 OO6, and the iucum-
brance is S361, 81, ,795, or 3770 per cent of
| the value.
OF the iucumbrauce on farms and
homes over % per cent. bears interest at
rates less than 6 per cent; "a per cent. at
| the rate of & per cent; 43 per cent. at rates
| greater than 6 per cent, and II per cent.
at rates greater thans per cent
The average value of each owned and
! incumbered farm in the United States is
! 81, 444; of each incumbered home, S., $50;
| and the average ncumbrance on each of
the farms is 81 PA on each incumb bered
home, 81 ,293
In the cities having at least 100 600 pop
ulation 1855 represents the average value
of each owned and incumbered home.
| New York has the highest average value,
$40, 200; San Francisco, 1898; Brooklyn,
S7,349; Omaha, $7,179 Washington, ST ,O54
The annual interest charge on each owned
and incumbered home in these cities is
$l34, the highest amount being Si9s in
| New York and the lowest, S33, in Louis
vile Denver has the highest average rate
of interest on the incumbrance on owned
and incumbered homes, namely, 7S7 per
cent. New Orleans is second, with 7.s6
per cent. New York has the lowest rate,
4,95 per cent. and Boston stands next,
with D IA per cent.
Over "A per cent of the incumbrance on
owned farms was incurred in buying real
estate and making improvements, and
over s3 per cent, of the incumbrauce was
for the purpose of buying and improving
real estate, investing in business, etc
Over 81 per cent. of the incumbrance on
homes was incurred to secure purchase
money and Co make improvements.