Democratic Sentinel, Volume 17, Number 27, Rensselaer, Jasper County, 28 July 1893 — Vermont Farms and Homes. [ARTICLE]

Vermont Farms and Homes.

The census bureau reports 32,673 farm families in Vermont, of which 20,835 own their farms and 5,738 hire them; 14,035 of the families owning farms have them free from encumbrance, and 11,900 have them encumbered, the encumbrance amounting to $11,052,490, or a little over SI,OOO each; 8,883 per cent, of this encumbrance is at the legal rate of six per cent.; 8,371 per cent, was incurred for the purpose of buying real estate, or making real estate improvements. The average value of the encumbered farm is $2,405, subject to an average debt of $!,004. The number of families not on farms aro 43,290, of which 23,517 hife their homes, and 19,749 own them, 12,4GI having them free of encumbrance, and 7,585 having them encumbered to the amount of $5,490,170 or $754 each. The average amount of interest paid .is on farms that are encumbered, 5.88 per cent., or sl4l each; on homes not farms, 5.04 per cent., or $l2O each, the average value of the latter being $3,026. —[Boston Cultivator.