Extra Census Bulletin No. 34

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Eatios of debt to value : farms and homes, 42.09 per cent ; farms, 40.13 per cent ; homes, 44.03 per cent.
A debt of $S52,763 incumbers 710 owned homes of the 5 cities containing a population of 8,000 to 100,000, and these incumbered homes are worth $1,805,595, so that the debt is 47.23 per cent of the value. The debt incumbering the owned homes in the state outside of the 5 cities is 42.83 per cent of the value of the homes subject to the incumbrance.
Average values and incumbrances. — -The av
...erage owned and incumbered farm of the state is worth $1,663 ; home, $1,847 ; of each home in the 5 cities, $2,543.
The average farm incumbrance for the state is $667 ; home, $S24 ; home incumbrance in the 5 cities, $1,201.
34—2 3 FARMS, HOMES, AND MORTGAGES.
In the state outside of the 5 cities the average home value is §1,553 ; incumbrance, $665. As before stated, all values are confined to incumbered farms and homes occupied by owners.
Interest bates. — The chief rate of interest in this state is 6 per cent.


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