The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-09-30
'HENR|CO VALUES
INCREASED HALF u
Growth, in Realty Keeps Pace
With Ricllnond's Gain
in Population.
SUBURBS ARE RESPONSIBLE
Many Richmond People Living
Outside Limits Add to
County Values.

Paralleling the population growth OF
Richmond the real estate valuation
of Henrico county shows an increase
CT practically 30 per cent. Coming at
the same time with the announcement
of the census returns, this showing is
extremely significant in establishing
the correctness of The Times-p ispatch's
position, that with the area properly
belonging to the city the population
would be much greater.
Henrico courty's values depend IN
overwhelming measure on Richmond
growth and extension. Most of the
value lies in suburbs of this city, where
the people of the capital have built
their :,onles and have taken up their
residences. Without Richp1ond's prox-
tmity the county assessment would be
very much smaller.
The land assessment books for Hen
rico were filed yesterday in the office
az the state Auditor of Public Ac-
counts. The assessors have been at
work on them for months. and were
much gratifed to learn how favorably
thor returns compare with those OF
other counties in the State
Perhaps Best In State.
While all IT the books have not, been
audited, and while In fact many OF
them are yet to be received pS the
| Auditor, it is probable that Henrco
will show an increase In values srea'e1
in percentage than that of any other
county in the State Besides this, In
total taxable values 1t may make the
best showing, unless two or three other
| counties look to their laurels. In. the
| last assessment, made in 1905, Hen
| rico was fourth among the counties
| of the state, being exceeded IN tiA-
| able realty values by Norfolk, Az :
| gusta and Rockingham.
The accuracy of the position regard
ing the growth of the suburbs OF Rlch :
mond outside of the city limits, Is
shown by an analysis of the Henrlco
assessment. The really big increase
| is shown in what is called the upper
| district, which Is all that portion OF
| the county lying west of the Chesa-
peake and Ohio Railway tracks. IN
this territory Is embraced the populous
End prosperous suburbs oil Barton
Heights. Ginter Park and Ghesthu'
Hill. -
4 Only one suburb of Importance hes
east of the Chesapeake and Ohio, ms
being Chelsea Hill.
Increase is 4O.S1 Fer Cent
The upper district shows an Increase
in valuation of about 81 1-2 per cent
4 the smaller percentage in the lower
4 district pulling this down to the figure
4 of 4s.s1 per cent. increase for the
entire county.
Henrico now shows m assessment
for 1911, and which will also DC ,he
!. basis of Valuations for the next tive
i years, of s12.2s6.s6s. For 1909. based
on tho land values of 1905, and the
buildings of 1909, the total was sS,'
2oS,2S1. The gain Is s4.oSS.6S7. or
1881 per cent
BY districts the figures are as fol
a lows: Upper, 1909, s5.317.00o; 1910, sS,-
37o.5s4: gain. ss,O53,535 Lower. 1908
s2,ss1,2s1: 1910. s3.a2s,4s3; gain. ST.;
e35,152,
In addition to the fact that the SUI
burbs OF Richmond are responsible II
the main for this growth in values
the showing is satisfactory to State
officials. all around, indicating thai
the land assessors have done theil
duty faithfully and conscientiously.