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FHA HOMES I N METROPOLITAN DISTRICTS CHARACTERISTICS OF • MORTGAGES • HOMES • BORROWERS UNDER T H E FHA PLAN 1934-1940 FEDERAL HOUSING ADMINISTRATION WASHINGTON, D. C. FHA HOMES IN METROPOLITAN DISTRICTS CHARACTERISTICS OF MORTGAGES • HOMES • BORROWERS UNDER THE FHA PLAN 1934-1940 Federal Housing Administration Division of Research and Statistics United States Government Printing Office Washington : 1942 + FHA Form No. 2387 For sale by the Superintendent of Documents, Washington, D. C., Price 50 cents SEPTEMBER 30, Honorable ABNER H. 1941. FERGUSON, Federal Housing Administrator, Washington, D. C. DEAR MR. FERGUSON: The attached study covers the insuring activities of the Federal Housing Administration for the years 1934 through 1940 in the 140 areas designated as metropolitan districts by the Bureau of the Census in the 1940 census of population. The growing volume of insured mortgages in each of these communities makes the insuring activities of FHA increasingly representative of the total home financing business in the area: Since the inception of insuring operations FHA's business has been concentrated within the boundaries of metropolitan districts, partly as a result of the fact that during the 1930-1940 decade the increase in occupant nonfarm dwellings within these areas was 19 percent as compared with 12 percent in nonfarm areas outside metropolitan districts. The arrangement of the data presented in this study will, it is believed, enable builders and mortgagees to evaluate their own programs in the light of FHA's home mortgage insurance experience in areas in which they are operating. I n transmitting this report, I wish to express my appreciation for the cooperation received from the State and District Insuring Offices and the staffs of the Mortgage Insurance and Underwriting Divisions in Washington in furnishing the necessary statistics on individual insured cases and from the Comptroller's Division in making the extensive machine tabulations summarized in this study. Special acknowledgment also is due the Bureau of the Census for its cooperation in furnishing a considerable amount of unpublished data without which it would have been impossible to prepare numerous population and dwelling unit estimates. This monograph, which I recommend for publication, was prepared under the direction of Mr. William K . Wittausch, chief of the Operating Statistics Section. M r . Paul F. Coe, with analytical assistance by M r . James E. Victory and statistical and general assistance by M r . Julian J. Joyce, Mr. Herbert Shapiro, and others in the Division, carried a considerable part of the load in the preparation of the monograph. Advice and assistance were given by M r . I . Lee Amann in processing and adapting Bureau of the Census data to the needs of the study. The large number of items and the detailed calculations necessary in the compilation of the tables and in the preparation of illustrations used in this report represent unstinted labors on the part of the calculating, typing, and drafting personnel of the Division. Many hours of overtime were contributed in order to complete this assignment and at the same time carry forward an increasing volume of projects connected with the defense effort. Very truly yours, Directory of Research and Statistics. SHIRLEY K . HART, Division n TABLE OF CONTENTS L e t t e r of T r a n s m i t t a l T a b l e of C o n t e n t s Foreword Introduction Chapter I : M e t r o p o l i t a n H o u s i n g M a r k e t s i n C o n t i n e n t a l U n i t e d States Chapter I I : R e g i o n a l C o m p a r i s o n of F H A Homes I n s i d e a n d Outside M e t r o politan Districts Chapter I I I : Statistics o n I n d i v i d u a l M e t r o p o l i t a n D i s t r i c t s ^ D e s c r i p t i o n of Tables H o w T o Use t h e D a t a T h e 12 D i s t r i c t s i n t h e N e w E n g l a n d D i v i s i o n T h e 20 D i s t r i c t s i n t h e M i d d l e A t l a n t i c D i v i s i o n T h e 24 D i s t r i c t s i n t h e S o u t h A t l a n t i c D i v i s i o n T h e 29 D i s t r i c t s i n t h e E a s t N o r t h C e n t r a l D i v i s i o n T h e 9 D i s t r i c t s i n t h e East S o u t h C e n t r a l D i v i s i o n T h e 15 D i s t r i c t s i n t h e West N o r t h C e n t r a l D i v i s i o n T h e 16 D i s t r i c t s i n t h e West S o u t h C e n t r a l D i v i s i o n The 4 Districts in the Mountain Division T h e 11 D i s t r i c t s i n t h e Pacific D i v i s i o n Chapter I V : C o m p a r i s o n of M e t r o p o l i t a n D i s t r i c t s b y P o p u l a t i o n Size Groups Appendix: P o p u l a t i o n R a n k i n g of M e t r o p o l i t a n D i s t r i c t s Building Permits and F H A A c t i v i t y Glossary A l p h a b e t i c a l L i s t i n g of M e t r o p o l i t a n D i s t r i c t s W i t h Page L o c a t i o n . _ Page H HI iv v 1 9 29 30 31 33 49 73 102 136 148 167 187 194 209 224 225 229 238 H I FOREWORD The National Housing Act imposes on the Federal Housing Administrator the obligation to u* * * cause to be made such statistical surveys and legal and economic studies as he shall deem useful to guide the development of housing and the creation of a sound mortgage market in the United States * * * " The lack of information on the characteristics of residential construction and home mortgage financing in individual housing markets has been of grave concern to lending institutions, home builders, and planners of local housing programs. Recognizing the usefulness of even fragmentary data wherever they are available, the Administration has presented in its past annual reports to Congress an increasing amount of statistical information on its insuring operations each year for the States and the areas designated as metropolitan districts by the Bureau of the Census, as well as for the country as a whole. The uniform procedure established by the Federal Housing Administration has made possible for the first time the compilation of certain homefinancing statistics on a comparable basis for all parts of the country, especially in the nonfarm areas, which comprise FHA's principal field of activity. The increasing volume of F H A insurance in most communities makes analyses of F H A operations fairly representative of the entire home financing business i n the individual areas. I n A p r i l 1940 the Bureau of the Census, as part of its usual decennial census of population, initiated for the first time in the history of the United States a fairly complete census of housing, including certain basic dwelling unit data for an enlarged number of individual metropolitan districts. As a consequence, the F H A undertook to present for this same year detailed statistics available on its own insuring activities in the 140 delineated metropolitan centers in which 62 percent of the total nonfarm population of the United States make their homes. The attached monograph prepared by the Division of Research and Statistics, therefore, anticipates the publication by the Bureau of the Census of extensive data covering all housing in the United States. IV Our entrance into the war since the compilation of the data presented in this monograph may have altered to some extent the needs which this material may serve. Because of the increase of defense activities in almost all metropolitan districts, and the consequent change in local housing requirements, data representing conditions as of 1940 may be considered somewhat out of date. Nevertheless, the very fact that these data cover a period just prior to the beginning of the current, all-out war effort should facilitate the measurement of dislocations resulting from the war. Moreover, the need for uniform housing statistics during the present emergency is as great, i f not greater than in more normal times; and the availability of these data should prove of value in formulating present as well as post-emergency housing programs in the individual localities analyzed. Both as a quantitative and a qualitative record of the housing supply in individual metropolitan districts and in each of the geographic regions of the United States, the data presented in this monograph substitute facts—limited though they may be—for guesswork which otherwise would be the prime basis for judgment. As an examination of the subsequent pages will show, the purpose of this publication is not to draw conclusions and make« recommendations, or to present plans for dealing with various housing problems; rather it places at the disposal of those vitally concerned with the housing problem—the lender, the home builder, the home purchaser, the municipal planner—as much of the basic statistical information as is available at the present time on a uniform basis for each of the major housing markets in the United States. Administrator. JANUARY 26, 1942, Washington^ D. C. INTRODUCTION I n the course of its insuring operations the Federal Housing Administration has accumulated an increasingly important body of information regarding the characteristics of both new and existing dwellings and the insured mortgages they secure, the income and housing outlays of borrowers financing their homes under the F H A Plan, and trends in the volume of newT home construction and property improvement operations. The national and State totals of these data have been widely used as indicators of home building and financing trends, and State totals have proved of considerable value to builders and mortgagees in analyzing real estate and home building markets and in discovering significant trends in these markets. Fundamentally, however, the local character of a housing market differentiates dwellings from other consumer's durable goods. They are produced where they are used. I t is the purpose of this publication, therefore, to present for a number of such local housing markets, data which heretofore have been available only on a national and State basis. Metropolitan district markets. The 140 metropolitan districts, which include all cities of 50,000 or more inhabitants, provide a satisfactory approximation of the most important individual local housing markets. Within each of these districts housing requirements and demands have common characteristics of geographic and climatic locale, their boundaries are specifically delineated by the Bureau of the Census definition, and quantitatively the combined 140 areas comprise the bulk of the housing business in the United States. These 140 metropolitan districts contain within their boundaries 63,000,000 of the 102,000,000 nonfarm population and over three-fourths of all new nonfarm homes built during FHA's sixyear history. Almost all subdivision development has taken place in these areas. I n fact, fourfifths of FHA's business has been secured by properties located within these metropolitan districts. Organization of the material in this monograph. I n order to meet the anticipated use of the data contained in this monograph, the material has been divided into four separate parts. National, regional, individual district, and population size statistics are presented in order. Chapter I.—Metropolitan housing markets. Although the national statistics presented in this chapter are limited to mortgage and home building transactions financed by means of F H A insured mortgages, they nonetheless are believed to give a representative picture of the home financing and building field. Single-family dwellings have constituted 81.4 percent of the total new nonfarm privately financed residential construction in the past two years, and i t is estimated that approximately half of the new single-family nonfarm homes are constructed under F H A inspection. Since F H A data are typical of a large part of the housing market in the United States, this sample is large enough to constitute a fairly accurate cross section of the mortgage and home building operations of the country. Variations between the characteristics of insured and uninsured mortgages and homes are mainly qualitative in character, and trends in the characteristics of insured mortgages may be assumed to mirror trends taking place or which may be expected to take place in the home financing field in general. Chapter I I . — F H A regional comparison of homes. Sectional differences are significant in housing as in other fields. Between one section of the country and another, variations in housing characteristics are sufficiently well recognized to make the qualitative and quantitative comparisons presented in Chapter I I of this publication particularly important. Nine geographic divisions, each consisting of several contiguous States, have been established v VI by the Census Bureau for purposes of differentiating the various local regions of the United States. The data presented in this part of the report highlight the basic variations in property and mortgage characteristics in these nine geographic regions. Chapter III.—Data for individual metropolitan districts. While the data in Chapters I , I I , and I V of this monograph will, it is anticipated, prove of particular interest to students of housing in general, this study has been organized to meet the local needs of builders and mortgagees. To aid the reader interested in only one specific area, therefore, the factual data for each metropolitan district are contained in tabular form on a single page, and the 140 individual areas are grouped according to their geographic division location. I n this way, the reader is able to find not only the particular city in which he is interested but also to make comparisons with other cities located in the same region. Chapter I I I , containing these detailed statistics, is, consequently, the main part of this monograph. Chapter IV.—Comparisons by population INTRODUCTION size groups. To supplement the data presented in the first three parts a recapitulation of the material according to population size of district is presented in Chapter I V . I n this section variations in the volume of dwelling construction, financial institution activity, and property and borrower characteristics are shown for metropolitan districts of different sizes regardless of their location. Variations in housing requirements and outlays depending upon population size of areas are clearly indicated. Limitations of the data. I n attempting to present the mass of statistical data contained in this monograph the very real limitations of this study have not been overlooked. Not only are errors expected to come to light as attention is focused on specific items, but also improvements in arrangement of the data, to say nothing of their coverage, will suggest themselves as they are applied to various uses. The purpose of these tabulations is, however, to indicate a pattern within which common statistics on housing may be analyzed, and to serve as a basis for decisions which in many cases are simplified when such elementary facts as these are available. CHAPTER I METROPOLITAN HOUSING MARKETS I N CONTINENTAL UNITED STATES The market for housing differs fundamentally from the markets for other commodities since it is, by its very nature, completely local in character. The supply of dwellings within the boundaries of a local housing market is not affected by the supply in other areas. The demand for dwellings i n one area can be satisfied only by houses within that area. I t is readily apparent that the housing market for the nation as a whole is composed of several hundred such individual local housing markets, the larger ones usually comprising at least one principal central city immediately surrounded by a number of smaller suburban places which together represent a self-contained housing market area. For the purposes of this monograph in which is presented FHA's initial analysis of its program in local areas, one hundred forty such individual housing markets, corresponding to the 140 metropolitan districts designated by the Census Bureau in 1940, have been selected. This selection includes all cities of 50,000 or more inhabitants, which, as will be shown later, account for the bulk of the nonfarm housing business of the country. The inclusion in this monograph of experience in these areas only, was dictated also by the very practical requirement that its contents be kept within limits convenient for publication. How metropolitan districts developed. Cities may be defined as concentrations of people who have grouped together to facilitate the common exchange necessary to the maintenance of individual livelihood. The tremendous growth of cities in the United States during the last century and a half parallels the constantly increasing complexity of our social order, and relies on a highly developed agriculture for its food supply and on a closely integrated industrial economy for the many material foods and services that go to make up our modern standard of living. Today, a majority of the American people are city dwellers, pursuing an essentially urban way of life. Metropolitan districts are not delineated according to the political boundaries of a city, but include all the surrounding territory which partakes of the urban character of that center. This is purposely so. I t is a matter of personal knowledge to many readers that the growth of a city today occurs most frequently in the outskirts rather than inside the central city itself. I n fact, these suburbs and surrounding areas outside the central city are in every sense other than a legal one a part of the larger "central" city. The Census Bureau, therefore, recognizes the existence of these clusterings of population which in a socio-economic sense form one single, large community, by publishing in addition to the statistics for corporately separate cities, data for the suburbs and surrounding areas in which the population density warrants its inclusion in the metropolitan district boundaries. As was stated by the Bureau of the Census, "The suburbs are from many standpoints as much a part of the (central) city as is the area under the municipal government. The suburban residents share in the economic and social activities of the city; many of them have their business or employment in the city, and to a less extent persons residing in the city are employed in the suburbs."a Thus, while from a nose-counting standpoint the census must necessarily deal with political units within legally established limits of a city or a town, the combination of these separate units for purposes of presenting the relative importance of the areas inside and outside the central city within a metropolitan district allows many significant analyses, several of which are especially pertinent to the study of local housing standards. The 140 metropolitan districts for which the population and land area are shown in the map on the following page, comprise a major portion of the nonfarm housing business in the United States. a Metropolitan Districts 1930, Department of Commerce, Bureau of the Census, p. 5. 1 AREA AND POPULATION OF IS IN UNITEI METROPOLITAN DISTRICTS* TATES i K . N S . S C.TY ^ OECATOH M » EVANSVlLLEp •-E3 ^ NASHVIUUE SPRINGFIELD } I \ cHARUESTQNt ) » M ^ ^ CHATTANOOGA i MEMPHIS \ ATLANTA \ L I T T L E ROCKF* ! MON" wm l^VEPOBT ) »MCKSON | m ^ ^ ~ C Q v ^ S A Q . TJS j US™. ir ^ JACKSONVILLE R MORE .ESTO^ •CHARL' W ,VANNAH 4 FEDERAL H O U S I N G ADMINISTRATION PERCENT OF TOTAL LAND AREA, POPULATION, DWELLING UNITS AND FHA MORTGAGES FOR THE UNITED STATES IN THE 1940 METROPOLITAN DISTRICTS TOTAL LAND AREA OF U.S. TOTAL NONFARM DWELLINGS IN U.S. TOTAL POPULATION IN US. TOTAL FHA MORTGAGES In Metropolitan Districts IN U.S. HOMES I N METROPOLITAN The preceding chart illustrates progressively the increasing percentage of the total land area, population, nonfarm dwellings, and F H A home financing in the United States which occurs within the 140 metropolitan districts. The metropolitan districts comprise only 2 percent of the total land area in the United States, contain 48 percent of the total population, and 64 percent of all nonfarm dwellings in the United States. These figures indicate the extent to which the urban housing market is concentrated within the metropolitan districts, foreshadowing the 77 percent of F H A insured home mortgages which have been secured by properties located in these areas. FHA's function in the urban housing field. The Federal Housing Administration was established under the National Housing Act in June 1934 to encourage the investment of private funds in long-term amortized home mortgages secured by new or existing one- to four-family dwellings and multi-family rental projects, and in shortterm character loans for the repair and improvement of residential properties I n carrying out its program, the F H A has, in the relatively short period since its inception, assumed an increasingly important position in the private home financing business throughout the country. Today, the F H A is associated in the public's mind with the monthly payment plan which i t sponsors and which has become the accepted mode of financing home repairs and home purchases in most communities. Although the statistics contained in the tables which follow are mainly descriptive of the mortHOUSING STATISTICS PR Statistics dealing with the nonfarm housing market for the country as a whole which form the basis of discussion for Chapter I are summarized on page 8. Chapter I I includes corresponding data for each geographic region. The national statistics shown here illustrate the part metropolitan districts play in the total nonfarm housing picture for the United States and how FHA's business in these areas compares with that in places outside the metropolitan districts. The six tables included in the summary contain certain basic housing statistics from the 1940 Census, data on the volume of various types of F H A insurance, and data on the characteristics of F H A mortgages, properties, and borrowers. 5 DISTRICTS gages, the properties, and the borrowers under the F H A Plan, and therefore, for the most part are qualitative in character, FHA's record from a purely quantitative point of view is significant. Of the occupied nonfarm dwelling units of all types added to the national inventory during the 1930-40 decade, one in every eight represents a newly built home financed with an F H A insured mortgage. I f F H A new home activity is related to the number of nonfarm dwelling units added 1935-40, as estimated by the Bureau of Labor Statistics, the proportion is one in every four. Also, one in every nine existing properties was repaired or modernized with the proceeds of a short-term property improvement loan insured under FHA's Title I provisions, and one in every forty nonfarm dwelling units standing today is financed with a long-term amortized mortgage insured under FHA's Title I I provisions. These accomplishments are especially noteworthy inasmuch as they reflect the progress of the F H A during a span of but six years. These ratios do not take into account the large number of uninsured monthly payment loans which have been made as a result of F H A ' s efforts to popularize this type of lending in the housing field, nor do they illustrate the record in some local communities in which F H A financing represents the bulk of the home mortgage business in the area. F H A homes have become so nearly typical of the housing market in many areas that the data in this metropolitan district monograph should prove helpful in evaluating the market in each of the areas analyzed. N T E D I N T H I S CHAPTER Table 1.—Nonfarm population and dwellings in the United States. The number of persons to be housed and the number of dwelling units available for them are basic data in any discussion of housing. I n 1940 the United States nonfarm population of almost 102,000,000 lived in over 27,000,000 dwelling units, or an average of 3.7 persons per family. The 27,000,000 occupied nonfarm dwelling units plus the 2,000,000 enumerated as vacant represent the entire nonfarm housing inventory consisting of some 29,000,000 units in continental United States, as reported by the Census of A p r i l 1940. (See Table 1.) Of these nonfarm totals, 62.0 percent of the population and 63.5 percent of the occupied dwelling 6 units are within the 140 metropolitan districts, with the remainder in smaller cities, towns, or rural areas. I t is obvious therefore, that metropolitan districts represent the bulk of the nonfarm population and of the nonfarm dwelling units in the United States. I n these nonfarm areas, vacant housing units for sale or rent represented 4.9 percent of the total for the entire country, but only 4.7 percent inside metropolitan districts compared with 5.4 percent outside. Vacancies inside the metropolitan districts were slightly higher for the central cities, with 4.8 percent, while outside these cities, in the suburban cities and towns around the metropolitan central city, vacancies represented 4.5 percent. Also indicated i n Table 1 is the fact that nonfarm population for the continental United States increased by 8,900,666 persons, or 9.6 percent in the ten-year period 1930-40. During the ten years, the number of occupied nonfarm dwelling units increased by 3,800,599, or 16.3 percent, over the 1930 total. This increase of 16.3 percent is based on the difference between the number of nonfarm private families as enumerated by the Census Bureau in 1930 and the number of occupied nonfarm dwelling units enumerated in 1940. The number of new nonfarm dwelling units provided 1930-40, exclusive of demolitions and conversion adjustments, is estimated at 2,199,000 by the Bureau of Labor Statistics. I f the BLS estimate is used, the percentage increase of occupied nonfarm dwelling units 1930-40 would probably be less than 10 percent. Nonfarm population increased within metropolitan districts by 8.1 percent compared with 12.1 percent outside of metropolitan districts. The suburban areas of these metropolitan districts increased by 15.1 percent, whereas the central cities of the areas increased by only 5.1 percent. This more than average increase in nonfarm population in suburban areas resulted in active residential building and as a consequence the major portion of home mortgage financing under the F H A has been in these areas. Table 2.—Volume of F H A insurance, 193540. Table 2 shows that from August 1934 through December 1940, the F H A reported a total of over $4,400,000,000 of privately made loans insured under the various Titles of the National Housing Act. This includes 3,000,000 property improve- FEDERAL H O U S I N G ADMINISTRATION ment loans amounting to $1,250,000,000 financed under Title I ; mortgages accepted for Title I I insurance on 700,000 individual home properties for $3,000,000,000 under Section 203; and $125,000,000 of rental housing mortgages financing 33,000 dwelling units insured under Section 207 and the now repealed Section 210. By far the largest proportion of FHA's total dollar volume of insurance activities covered properties located inside the 140 metropolitan districts, which account for 81.2 percent of its home mortgage volume, 68.5 percent of its property improvement volume, and 93.4 percent of its rental housing volume. Table 3.—Financial institutions originating F H A insured mortgages. Table 3 shows the types of lending institutions active in making F H A mortgage loans. Since F H A insured mortgages represent funds advanced to individual borrowers by private lending institutions, the types of institutions originating F H A mortgages correspond more or less to established institutional sources of long term funds in the community. The percentage distribution of mortgages on new homes and on existing homes by type of institution shown in Table 3 compares the proportion accounted for by each type of lender on properties inside and outside of metropolitan districts. While the percentages are quite similar for both groups, savings banks, reporting 4.6 percent of new home mortgages on properties inside metropolitan districts, accounted for only 0.9 percent of the mortgages insured on new homes located in areas outside metropolitan districts. National and state banks, mortgage companies, and insurance companies are types of lenders which have invested sizeable amounts of money in long term amortized home mortgages insured by the F H A . While these institutions are the primary source of funds as far as the individual borrower is concerned, a great many mortgages are constantly being transferred to institutional investors who are not in a position to service these loans as conveniently as some of the financial institutions operating through branch offices in various localities. Thus, either directly or indirectly, abundant long term mortgage credit has been made available to individual families in all parts of the United States through F H A approved local lending institutions. This is evidenced by the fact that on December 31,1940, F H A HOMES I N METROPOLITAN DISTRICTS mortgages covered properties located in 2,849 of the 3,098 counties of the United States. The distribution by ratio of loan to value also shown in this table compares the proportion of mortgages on new and existing homes inside and outside metropolitan districts, and shows the proportion for amounts representing close to the 90 percent and the 80 percent loan limits, respectively. Table 4.—Structural characteristics of F H A homes. Since homes with F H A insured mortgages represent a sizeable proportion of the entire new small home construction volume in the United States, some facts about the type of house financed under the F H A Plan, such as the exterior material used in its construction and the number of rooms such a house contains are of general interest. Data on structural characteristics of single-family F H A homes financed in 1940 are presented in Table 4. Brick exteriors are found more frequently on new homes than on existing homes, especially inside metropolitan districts, whereas wood is used more often as an exterior material on existing properties financed under the F H A Plan, particularly in places outside metropolitan districts. The size of the house, expressed in terms of the number tff rooms it contains gives an indication of the trend in home design for the metropolitan housing market. Thus, the fact that smaller new homes predominate both inside and outside metropolitan districts, while larger homes are more often found among existing properties, points to the frequently noted trend toward smaller homes built for the typical suburban family purchasing its home under the F H A Plan. Table 5.—Property and land valuation of F H A homes. The trend toward lower initial cost homes seems indicated by the fact that half of the new home properties financed with insured mortgages are valued at less than $5,000. Land as a percent of valuation of the entire property represents an increasing proportion of the total valuation for the higher priced new homes both inside and outside metropolitan areas, and an even higher proportion for existing homes. The latter results in part from the depreciation of the structure i n comparison with the property as a whole, but is undoubtedly due mainly to the fact that 7 existing homes are located in the more established, older neighborhoods of a city where lot values tend to be higher than do those in suburban areas. Table 6.—Incomes and payments of F H A borrowers. Of considerable importance is the analysis of the annual incomes of families financing their home purchase with an F H A insured mortgage. Table 6 shows the distribution by income groups of borrowers purchasing new homes and existing homes inside and outside metropolitan districts. That home ownership under FHA's monthly payment plan has been made feasible for families of moderate and low incomes is substantiated by the fact that fully half of FHA's borrowers reported incomes of less than $2,500 a year. Both inside and outside metropolitan districts a greater proportion of lower income families purchased new homes than existing homes, again demonstrating the popularity of small new homes in the eyes of this large segment of the home buying market. The monthly payment made by these borrowers averaged around $37 a month, ranging from $40.68 for existing homes inside metropolitan districts to $29.75 for existing homes located outside metropolitan districts. Inasmuch as the gross F H A payment includes interest on the mortgage, mortgage insurance premium, and hazard insurance, as well as the monthly cost of the local real estate tax on the property, and land rent, i f land is leased, this figure corresponds most nearly to the shelter rent paid by these families in the various income brackets. This payment, exclusive of heating and repairs, gives an indication of the costs of owning typical homes financed under the F H A Plan. Conclusions. The facts described summarize on a national basis the more important data presented in this monograph. As mentioned at the beginning of this chapter, the local character of the housing business makes data published for individual regions, and especially individual cities, of even more significance. The tables in Chapter I I , therefore, which contain the same information on a geographical division basis, and the tables for each of the 140 metropolitan districts in Chapter I I I provide more nearly definite answers to the questions a builder or a mortgagee institution may have regarding F H A homes in his particular region or city. 8 FEDERAL HOUSING ADMINISTRATION CONTINENTAL UNITED STATES, INSIDE-OUTSIDE METROPOLITAN DISTRICTS Table 1.—Census nonfarm data on population and number of dwelling units Nonfarm population Number of nonfarm dwelling units Occupied Increase Area 1940 Inside metropolitan districts: I n central cities Outside central cities .. . 1930 Number For sale or rent Not for sale or Percent rent 10,239,480 4,237.010 1,664,030 1,080,311 Number 42,796.170 20,169.603 40,713,656 17.527.889 Total inside districts? 62.965.773 58,241,545 4,724,228 8.1 17.220,831 14,476,490 2.744,341 38.552.426 3^.375.988 4,176,438 12.1 9.879.794 8.823,536 1.056,258 92.617.533 8,900,666 9.6 27,100,625 23,300,026 3.800.599 16.3 459.249 1,430,016 Outside metropolitan districtsGrand total 101,518,199 2,082,514 2,641,714 Number 1940 Percent Vacant, 1940 Increase 1930, estimated by FHA 5»1 H.903.510 15.1 5.317.321 Total Percent of total 38.995 79.277 596.935 254.420 4.8 4.5 12.539.440 5,651,018 19.0 118.272 851.355 4.7 18,190,458 12.0 3**0.977 578,661 5.* 10.799.432 M 28,989.890 16.3 25.5 Table 2.—Net volume of FHA activity, cumulative from beginning of operations in 1934 through December 1940 All places Item Number Home mortgages accepted for insurance under Title I I : On new homes On existing homes. . Total Number Amount Inside as a percent of all places Amount Number Amount $2,087,621,124 949.655.762 358.587 188.255 $ 1,702,233.203 763.190,803 99.086 62,944 *181$S!959 78.4 74.9 81.5 80.4 708,872 3.037.276.886 546,842 2,465,424,006 162,030 571.852.880 77.1 81.2 2.054.318 850,819.725 945.690 391.604,204 68.5® 68.5° 92.4 93.4 70.3 C 77-9® 3,008,045* Rental housing units insured under Title I I : TotaL Grand total Number 457,673 251.199 . Property improvement loans insured under Title I: TotaL Outside metropolitan districts Inside metropolitan districts Amount • 1,242,123,541* 126.952.675 33.204 4.406.353,102® 3.750.121° 30.674 118.597.775 2.530 8,35*.900 2.631.834 3,434,841,506 1.110,250 971.811.984 Table 3.—Mortgages on 1- to 4-family homes distributed by type of mortgagee and by ratio of loan to FHA valuation, 1940 Percent distribution Type of institution originating mortgages New homes Inside National banks State banks Savings and loan assns....... Mortgage companies Insurance companies Savings banks All others Total Outside 22.8 19.1 9.0.... 25.5 12.4 4.6.... 6.6 100.0 Percent distribution Mortgage as a percent of property valuation Existing homes 33.6 26.0 7.3 14.8 11.8 4.7 4.4 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60. 50 or less 100*0 100.0 Total 26.5 23.8 7.5.... 20.1 12.6 7 T 100.0 Inside Outside Inside 26.2 21.6 8.7.... 21.2 14.0 New homes Existing homes Outside Inside Outside 69.O 62.3 13.5 12.7 ....10.8.... ....14.8.... ....65.6.... ....57.0 16.0 16.7 4.2 3.2 12.6 15.2 3.9 4.0.... 7.1 .4 1.8 4.0 M.... 100.0 t - 100.0 100.0 100.0 Table 4.—Structural characteristics of 1-family homes, 1940 Percent distribution Material of exterior construction New homes Inside Percent distribution Existing homes Outside Inside Outside Inside 65.O 46.0 69.9 39.1 27.0 13.6 12.0 30.3 . . . . 2 2.6.... ....12.4 . . . . 1 0 . 1 . . . . ,...19.9.... 4.4 11.3 10.7 5.7 Wood Brick Stucco Other Total 100.0 100.0 100.0 New homes Number of rooms 4 rooms or less 5 rooms 6 rooms 7 rooms or more Total 100.0 Existing homes Outside Inside Outside 21.4 6.2 27.4 11.9 47.4 45.4 32.1 33.6 ....27.1.... ....21.2.... ....37.1.... ....29.0 4.1 6.0 24.6 25.5 100.0 100.0 100.0 100.0 Table 5.—Property valuation and land valuation characteristics of 1-family homes, 1940 Percent distribution FHA valuation of property New homes All groups Existing homes Inside Outside Inside Outside 5 2 4.1 2.0 7.7 28.8 30.0 17.6 12.6 2.2 1.1 6.9 19.2 22.9 18.9 19.6 6.4 6.1 24.4 30.6 20.7 11.9 8.6 2.1 1.7 11.1 11.4 11.8 12.7 14.0 15.4 17.5 10.0 9.9 10.1 10.7 11.7 100.0 100.0 100.0 100.0 13.1 10.7 9 1 New homes Outside Inside $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more Land value as a percent of property value Existing homes I' 16.2 25.9.. • • • • , l Inside Outside 2.5 17.2 18.3 19.2 20.8 24.4 14.2 14.0 14.1 14.5 15.6 17.5 19.0 19.2 14.8 Table 6.—Borrower income distribution and monthly payment by income groups for 1-family homes, 1940 Percent distribution Annual family income of borrower $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more New homes Average gross monthly payment Existing homes Inside Outside Inside Outside 4.4 25.8 11.4 3.6 19.9 24.7 13.2 20.1 7*6 10.9 10.1 27-5 25.2 10.6 16.7 4.7 5.2 i?!o 17.5 4.6 3.9 8'* 10^7 13.6 2.9 New homes Inside $24.24 30.13 35.63 39.78 45.51 !£:£ Outside Existing homes Inside $ 21.93 27.16 ....31.89 $23.26 28.39 ....33.11 & 3 ....47.62 59.80 44!^ ....53.24 74.00 Outside $19.39 23.74 ....28.01 31.69 35.70 ....42.75 55-5* All groups 100.0 100.0 100.0 100.0 38.06 40.68 32.13 29-75 l e t * : A flossarjr of t e n s o u i l a Included l a the Appendix. Vhe 1930 data for 35 metropolitan d i s t r i c t ! ««rt estimated on a basis approxinati a * the 19^0 Metropolitan d i s t r i c t boundaries, aad for 18 metropolitan districts the 1930 data were baeed on the metropolitan d i s t r i c t boundaries as established i n the 1930 Census, "isolates adjustaents of f8,037 aad -$300,388; for explanation, see "Title I notes Insured" on p. 236. Percentages based on unadjusted totals. CHAPTER I I REGIONAL COMPARISON OF FHA HOMES INSIDE AND OUTSIDE METROPOLITAN DISTRICTS I n this chapter is discussed the quantitative distribution of FHA's mortgage insurance business by the nine geographic divisions into which the continental United States is divided by the Bureau of the Census, as well as the qualitative differences in the character of F H A homes inside and outside metropolitan district areas in each of these divisions. Housing data for the nine geographic divisions. A discussion of F H A housing statistics by regions is presented because: First, in a country as large as the United States the climatic and physical differences among geographic regions influence the type of housing prevalent in the various sections of the country. Second, the natural resources and topography which typify a region, influence its social and commercial character, and thereby determine where and how its population is housed. Third, a segregation by geographic divisions brings into closer perspective, specific land areas which are similar enough in character, compared with that of the entire continental United States, to make it possible for a private or public organization operating in one of several phases of the housing business in that area to plan and adopt policies particularly suited to the one region which might not be applicable elsewhere. Fourth, the boundaries of several geographical divisions delineate almost exactly, and to some extent even chronologically, the westward movement of the settlers of the country during the last 150 years of its history. Although focusing attention on the housing problem in one region at a time seems advantageous in several respects, i t is debatable whether the particular system of dividing the country into the geographic regions defined by the Census Bureau also corresponds to a regional division of the housing business in the United States. However, since housing depends first of all on the size and location of the population in an area, and since the Bureau of the Census deals largely with these very same statistics, these geographic divisions were used in grouping the data on F H A homes in metropolitan districts. Distribution of dwellings and F H A mortgages. The chart on the following page, and the table on page 12 show the regional distribution of occupied dwelling units and the regional distribution of Title I I home mortgages accepted for F H A insurance in the United States. The bars within each region illustrate graphically how the proportions of each compare for the various parts of the country. I n the Pacific Division, for instance, were located houses secured by 21.7 percent of the total number of F H A insured mortgages, whereas only 9.6 percent of the dwelling unit inventory of the country is located there. I n the New England Division, F H A insurance accounted for only 2.7 percent of the national total compared with 7.5 percent of the national dwelling unit supply in that geographic division. Similar comparisons can be made for each of the other geographic divisions, and for the distribution of F H A new home mortgages and new dwelling units added during the last decade. The two maps illustrate a comparative record of F H A activity in the various geographical divisions of the country, and the table shows those differences for the areas inside and outside of the metropolitan districts in each division. F H A activity among the regions. F H A activity varies among the nine geographic divisions. As estimated from Bureau of the Census data there was an addition of 3,800,599 occupied nonfarm dwelling units of all types in the United States during the decade 1930-40, while in the six years 1935-40 the F H A accepted mortgages for insurance on 457,673 new small homes. The total nonfarm addition includes conversion of larger dwellings and nonresidential structures into apartments as well as existing vacant dwelling units brought into use for dwelling purposes, but not enumerated in the 1930 Census inasmuch as the latter was confined to occupied family units only. Demolitions, on the other hand, have been deducted. Of this total occupied nonfarm dwelling unit addition, F H A mortgage acceptances on new, small 9 17 FEDERAL H O U S I N G ADMINISTRATION REGIONAL DISTRIBUTION OF DWELLINGS AND FHA MORTGAGES IN 1940 TOTAL OCCUPIED NONFARM DWELLINGS AND TOTAL F H A MORTGAGES"7' (0) PERCENTAGE DISTRIBUTION OF 27,100,000 OCCUPIED NONFARM DWELLING UNITSy ENUMERATED IN THE 1940 CENSUS AND 709,000 MORTGAGES ACCEPTED FOR FHA INSURANCE FROM JANUARY 1935 TO DECEMBER 1940 NEW OCCUPIED NONFARM DWELLINGS AND F H A (b) PERCENTAGE DISTRIBUTION OF 3,801,000 NEW OCCUPIED NONFARM DWELLING UNITS ADDED DURING THE 1930-1940 DECADE AND 458,000 NEW HOME MORTGAGES ACCEPTED FOR FHA INSURANCE FROM JANUARY 1935 TO DECEMBER 1940 MORTGAGES ON NEW HOMES'(b) HOMES I N METROPOLITAN DISTRICTS homes accounted for 12.0 percent. I n the New England Geographic Division, FHA's share of the occupied nonfarm dwelling unit additions was only 5.3 percent. On the other hand, in the West South Central Division FHA's mortgage acceptances on new small homes were 13.4 percent of the occupied nonfarm dwelling unit addition, and in the Pacific Division 17.6 percent. A rapid rate of occupied nonfarm dwelling unit increase is conducive to large F H A operations. Thus, the Pacific Division had the greatest occupied nonfarm dwelling unit increase of any Division, 28.3 percent, and FHA's share of the additions was 17.6 percent, the largest for any geographic division. Conversely, in the New England Division an occupied nonfarm dwelling unit increase of only 9.9 percent gave the F H A but 5.3 percent. A n occupied nonfarm dwelling unit increase of only 12.3 percent in the West North Central Division resulted in a share for the F H A of but 10.6 percent as measured by new, small home mortgage insurance acceptances. The proportion which F H A business is of the total occupied nonfarm dwelling unit addition within the metropolitan districts of any particular geographic division likewise is influenced by the rate at which occupied ilon farm dwelling units are being added. Thus, a 31.0 percent increase in the occupied nonfarm dwelling units of the metropolitan districts of the Pacific Division was accompanied by F H A new small home mortgage acceptances equivalent to 18.6 percent of the additions, while a dwelling unit increase of but 11.3 percent in the New England Division resulted in a share for the F H A of but 5.2 percent. I n line with this tendency for the F H A to accept for mortgage insurance the greatest proportion of the occupied nonfarm dwelling unit addition in places in which the rate of addition is the most rapid, it is interesting to note that in most geographic divisions FHA's share of the occupied nonfarm dwelling units added inside the metropolitan districts is Larger than its share of those added outside. The rate of occupied nonfarm dwelling unit addition is also greater inside the metropolitan districts than outside. Thus, in the West South Central Division, the proportion of the occupied nonfarm dwelling units added inside the metropolitan districts accounted for by F H A small home mortgage acceptances was 15.3 per463560 O - 42 - 2 11 cent of the total addition, while outside the metropolitan districts FHA's share was but 10.7 percent. The rate of occupied dwelling unit increase inside the metropolitan districts wras 31.3 percent, and outside them, 14.2 percent. I n the South Atlantic Division, FHA's share of the nonfarm dwelling unit addition inside the metropolitan districts was 12.2 percent as compared with 7.9 percent of those added outside. The number of nonfarm dwelling units increased 31.0 percent inside the metropolitan districts and but 18.5 percent outside them. Similar trends exist within most geographic divisions. FHA's share of all existing homes. As estimated from the 1940 Census, there were 27,100,625 occupied nonfarm dwelling units of all types within the continental United States. Of these the F H A had accepted for insurance a total of 2.6 percent or 708,872 one- to four-family home mortgages through the end of 1940. I n the New England Geographic Division, however, F H A s share was only 0.9 percent, in the Middle Atlantic Division 1.8 percent, and in the West North Central Division 2.1 percent. Conversely, of the total occupied nonfarm dwelling units enumerated in the Pacific Geographic Division the F H A mortgage insurance acceptances on small homes represented 5.9 percent of the total, while in the Mountain Division FHA's share was 3.7 percent. The share which all F H A small home mortgage acceptances is of the total number of occupied nonfarm dwelling units in the metropolitan districts of each geographic division also varies considerably. I n the metropolitan districts of the Pacific Geographic Division, the acceptances of small home mortgages for insurance by the F H A through December 31,1940, were 6.8 percent of the occupied nonfarm dwelling units of all types enumerated therein by the 1940 Census, in the Mountain Division 5.4 percent, in the West South Central Division 4.3 percent, in the South Atlantic Division 3.7 percent, and in the East North Central Division 3.6 percent. I n the metropolitan districts of all of these divisions, the proportion of the occupied nonfarm dwelling units of all types accounted for by F H A small home mortgage acceptances was above the average for the metropolitan districts of the nation, or 3.2 percent. I n the metropolitan districts of the East South Central Geographic Division FHA's share equalled the 12 FEDERAL H O U S I N G national average, or 3.2 percent. I n the metropolitan districts of the West North Central Division FHA's share was below the national average with but 2.9 percent. A similar situation obtained ADMINISTRATION in the Middle Atlantic Division with 1.9 percent, and in the New England Division with 0.9 percent. For most geographic divisions, the proportion of the occupied nonfarm dwelling units inside the Nonfarm Population, Occupied Nonfarm Dwelling Units, and FHA Activity Under Section 203 Inside and Outside the Metropolitan Districts of Each Geographic Division a N o n f a r m populat i o n , 1940 Occupied n o n f a r m d w e l l i n g u n i t s of all t y p e s E s t i m a t e d increase, 1930-40 T o t a l i n 1940 Geographic d i v i s i o n Number N e w England: Inside m e t r o p o l i t a n districts. _. Outside m e t r o p o l i t a n districts. Total Middle Atlantic: Inside m e t r o p o l i t a n d i s t r i c t s . Outside m e t r o p o l i t a n districts Total South Atlantic: Inside m e t r o p o l i t a n d i s t r i c t s . . . Outside m e t r o p o l i t a n districts Total East N o r t h C e n t r a l : Inside metropolitan districts... Outside m e t r o p o l i t a n districts. Total East South C e n t r a l : Inside metropolitan districts... Outside m e t r o p o l i t a n districts Total West N o r t h Central: I n s i d e m e t r o p o l i t a n districts Outside m e t r o p o l i t a n d i s t r i c t s . Total W e s t South C e n t r a l : Inside m e t r o p o l i t a n districts.... Outside m e t r o p o l i t a n districts Total. Mountain: Inside m e t r o p o l i t a n d i s t r i c t s . . Outside m e t r o p o l i t a n districts Total Pacific: Inside m e t r o p o l i t a n d i s t r i c t s . . Outside m e t r o p o l i t a n districts Total U n i t e d States t o t a l : Inside m e t r o p o l i t a n d i s t r i c t s . . Outside m e t r o p o l i t a n districts Grand total Percent of U.S. total Number 1- to 4-«family home mortgages accepted for F H A insurance 1935-40 Percent of U . S. total Number Percent of U . S. total A l l homes Percent increase 1930-40 N e w homes Number Percent of U . S. total Percent of 1940 occupied nonfarm dwelling units Number Percent of U . S. total Percent of 1930-40 increase i n nonfarm dwellings 5,882,826 2,026,092 5.8 2.0 1,528,071 522,576 5.6 1.9 154, 763 30,663 4.1 .8 11.3 6.2 13,058 5,753 1.9 .8 0.9 1.1 8,031 1,844 1.8 .4 5.2 6.0 7,908,918 7.8 2,050, 647 7.5 185, 426 4.9 9.9 18,811 2.7 .9 9,875 2.2 5.3 21,032,676 4, 777,620 20.7 4.7 5,580,167 1,192,920 20.6 4.4 740, 815 43,009 19.5 1.1 15.3 107,405 3.7 11,593 15.2 1.6 1.9 1.0 73,650 5,386 16.1 1.2 9.9 12.5 25,810, 296 25.4 6,773,087 25.0 783,824 20.6 13.1 118,998 16.8 1.8 79,036 17.3 10.1 5, 257, 241 6, 589,109 5.2 6.5 1,374,191 1, 547, 549 5. 1 5.7 325, 259 241, 379 8.6 6.4 31.0 18.5 51, 373 26, 384 7.3 3.7 3.7 1.7 39, 655 19,117 8.7 4.1 12.2 7.9 11,846, 350 11.7 2,921, 740 10.8 566, 638 15.0 24.1 77, 757 11.0 2.7 58, 772 12.8 10.4 14, 368,609 7,673,914 14.1 7.6 3,925,640 2,112,657 14.5 7.8 525, 509 193, 521 13.8 5.1 15.5 139, 449 10.1 28, 241 19.6 4.0 3.6 1.3 78,851 14, 354 17.2 3.2 15.0 7.4 22,042, 523 21.7 6,038, 297 22.3 719,030 18.9 13.5 167, 690 23.6 2.8 93, 205 20.4 13.0 2, 218, 287 3, 286,989 2.2 3.2 588,803 794,007 2.2 2.9 94, 518 103,645 2.5 2.7 19.1 15.0 18, 549 12,183 2.6 1.7 3.2 1.5 13,058 8, 326 2.9 1.8 13.8 8.0 5, 505, 276 5.4 1,382,810 5.1 198,163 5.2 16.7 30, 732 4.3 2.2 21, 384 4.7 10.8 3,987,057 4,851,042 3.9 4.8 1,140, 728 1, 306, 342 4.2 4.8 174, 589 92,735 4.6 2.5 18.1 7.6 33, 554 18,647 4.7 2.7 2.9 1.4 18,854 9, 539 4.1 2.1 10.8 10.3 8,838,099 8.7 2,447,070 . 9.0 267, 324 7.1 12.3 52, 201 7.4 2.1 28, 393 6.2 10.6 3, 235, 221 4,778,348 3.2 4.7 884, 203 1,199, 331 3.2 4.5 210, 722 149,061 5.5 3.9 31.3 14.2 37,676 20,978 5.3 3.0 4.3 1.7 32, 220 15,947 7.0 3.5 15.3 10.7 8,013, 569 7.9 2,083, 534 7.7 359, 783 9.4 20.9 58, 654 8.3 2.8 48,167 10.5 13.4 772, 727 2, 275,632 .8 2.2 219, 513 590,181 .8 2.2 49, 341 98,874 1.3 2.6 29.0 20.1 11, 750 18,044 1.6 2.6 5.4 3.1 7,275 10,808 1.6 2.3 14.7 10.9 3,048, 359 3.0 809,694 3.0 148,215 3.9 22.4 29,794 4.2 3.7 18,083 3.9 12.2 6, 211,129 2, 293,680 6.1 2.3 1,979,515 614, 231 7.3 2.3 468,825 103, 371 12.3 2.7 31.0 134,028 20.2 20, 207 18.9 2.8 6.8 3.3 86,993 13, 765 19.0 3.0 18.6 13.3 8,504,809 8.4 2, 593, 746 9.6 572,196 15.0 28.3 154, 235 21.7 5.9 100,758 22.0 17.6 3.2 358, 587 1.6 99,086 78.4 21.6 13.1 9.4 100.0 12.0 62,965,773 38,552,426 62.0 17, 220,831 38.0 9,879,794 63.5 2, 744, 341 36.5 1,056,258 72.2 27.8 19.0 546,842 12.0 162,030 77.1 22.9 101, 518,199 100.0 27,100,625 100.0 3,800, 599 100.0 16.3 708,872 100.0 2.6 457,673 | NOTE.—A glossary of terms used is i n c l u d e d i n A p p e n d i x . ® I n a s m u c h as n o n f a r m p o p u l a t i o n a n d occupied n o n f a r m d w e l l i n g u n i t s on a m e t r o p o l i t a n d i s t r i c t basis were n o t available f r o m t h e B u r e a u of t h e Census at the t i m e this monograph was prepared, approximations were made b y t h e F H A i n the f o l l o w i n g m a n n e r : T o t a l u r b a n a n d r u r a l p o p u l a t i o n located inside m e t r o p o l i t a n districts whether f a r m or n o n f a r m was considered " n o n f a r m p o p u l a t i o n inside m e t r o p o l i t a n d i s t r i c t s , " since o n l y a s m a l l p r o p o r t i o n of t h e p o p u l a t i o n located inside m e t r o p o l i t a n districts is f a r m p o p u l a t i o n . " N o n f a r m p o p u l a t i o n outside m e t r o p o l i t a n d i s t r i c t s " a n d " t o t a l n o n f a r m p o p u l a t i o n i n c o n t i n e n t a l U n i t e d States" were d e r i v e d b y s u b t r a c t i n g the t o t a l r u r a l f a r m p o p u l a t i o n f r o m the t o t a l p o p u l a t i o n outside m e t r o p o l i t a n districts a n d f r o m the t o t a l p o p u l a t i o n for t h e U n i t e d States, respectively. A s i m i l a r procedure was e m p l o y e d i n t h e d e r i v a t i o n of occupied n o n f a r m d w e l l i n g u n i t s . T h e n u m b e r of r u r a l f a r m d w e l l i n g u n i t s was estimated b y t h e F H A . 13 H O M E S I N M E T R O P O L I T A N DISTRICTS metropolitan districts which secure F H A insured mortgages is approximately two times that for the area outside these districts. For example, of the total occupied nonfarm dwelling units of all types enumerated by the 1940 Census inside the metropolitan districts of the Pacific Geographic Division, the F H A had accepted for insurance through December 31, 1940, small home mortgages equivalent to 6.8 percent of the total, while outside the metropolitan districts the proportion accounted for by F H A was only 3.3 percent. I n the East North Central Division FHA's share was 3.6 percent inside the metropolitan districts and 1.3 percent outside them. I n the South Atlantic Division the F H A accounted for 3.7 percent inside the metropolitan districts and 1.7 percent outside. The New England Division was unique in that FHA's share outside the metropolitan districts was greater than inside, 1.1 and 0.9 percent, respectively. INSIDE AND OUTSIDE T H E M E T R O P O L I T A N D I S T R I C T S A t the end of this chapter data are presented on the nonfarm dwelling units and nonfarm population inside and outside the metropolitan districts of each geographic division. For each division there is a page containing six tables which together set forth, in addition to the previously mentioned items, an inside-outside comparison of the volume of F H A mortgage insurance, and certain characteristics of the mortgagees, of the properties, and of the borrowers. Analysis of these data reveals significant differences between the two types of areas. Similar information on a national basis is presented on page 8, chapter I . Table 1.—Census nonfarm data on population and dwelling units. During the decade 1930-40 the greatest relative addition of occupied dwelling units in the metropolitan districts of the nine geographic divisions occurred in the West South Central Division, 31.3 percent. That Division was followed by the South Atlantic and Pacific Divisions, each with an occupied nonfarm dwelling unit increase of 31.0 percent. The metropolitan districts of the New England Geographic Division underwent the smallest nonfarm dwelling unit addition of any division with only an 11.3 percent increase, while the Middle Atlantic Division was only slightly more active with an increase of 15.3 percent. I n all the metropolitan districts of the nation the occupied nonfarm dwelling units increased by 19.0 percent. During this period there was a greater relative addition of occupied dwelling units inside than outside the metropolitan districts in each of the nine geographic divisions. Occupied nonfarm dwelling units in the metropolitan districts of the West South Central Division underwent a. numerical increase of 31.3 percent between 1930 and 1940, while those outside the metropolitan districts increased by only 14.2 percent. I n the South Atlantic Division the occupied nonfarm dwelling unit increase was 31.0 percent inside the metropolitan districts and but 18.5 percent outside them. There was a nonfarm dwelling unit increase of 19.0 percent inside all the metropolitan districts of the United States as against an increase of 12.0 percent outside. I n each geographic division the occupied nonfarm dwelling unit addition outside the central cities of the metropolitan districts was proportionally much greater than that inside the central cities. I n other words, the less thickly settled suburbs outstripped the more intensively developed central city in their nonfarm dwelling unit relative increase. I n the West South Central Division, for example, the occupied nonfarm dwelling unit increase of the central cities was 25.1 percent as compared with a growth of 72.4 percent outside them. Again, in the South Atlantic Division, the dwelling unit addition of the central cities was only 24.4 percent, while outside these central cities the expansion was 57.1 percent. I n the nation as a whole the central cities underwent an occupied nonfarm dwelling unit expansion of 16.3 percent while outside the central city the increase was 25.5 percent. Nevertheless, for all of the geographic divisions the percentage increase in occupied nonfarm dwelling units for the central cities was greater than 14 the increase outside the metropolitan districts themselves. The occupied nonfarm dwelling unit increase of the Middle Atlantic Division outside the metropolitan districts was but 3.7 percent, while inside the metropolitan districts the increase amounted to 14.3 percent for the central cities and 17.4 percent for the area outsiele the central cities. A similar situation obtains in all the other geographic divisions. I n its entirety, the Pacific Geographic Division underwent the greatest relative increase in occupied nonfarm dwelling units of any division, 28.3 percent. The South Atlantic Division was second with an increase of 24.1 percent, and the Mountain Division third with 22.4 percent. The New England Division had the smallest increase, or 9.9 percent, while the West North Central Division increased by 12.3 percent, and the Middle Atlantic Division by 13.1 percent. Occupied nonfarm dwelling units increased by 16.3 percent in the nation as a whole. Vacant nonfarm dwelling units for sale or rent at the time of the 1940 Census were relatively more numerous outside than inside the metropolitan districts of five geographic divisions. I n the Mountain Division these dwelling units constituted 7.5 percent of the total nonfarm units outside the metropolitan districts and 3.9 percent of those inside, while in the West North Central Division 4.0 percent of those outside and 4.9 percent of those inside were vacant anel for sale or rent. Inside the metropolitan districts of six of the nine geographic divisions, vacant nonfarm dwelling units for sale or rent inside the central cities were relatively more numerous than those outside them. Thus, in the Mountain Division these dwelling units constituted 4.1 percent of the total nonfarm dwelling units inside^ the central cities of the metropolitan districts as compared with 3.3 percent outside them. I n the New England, South Atlantic, and East South Central Geographic Divisions, however, vacant nonfarm dwelling units in the area outside the central cities comprised a larger percentage of the total than did those inside. Among the geographic divisions themselves the Mountain Division had the largest proportion of its total nonfarm dwelling units vacant and for sale or rent, namely 6.6 percent, and the East South Central Division the smallest proportign, 3.0 percent. I n the nation as a whole, 4.9 percent were vacant and for sale or rent. FEDERAL H O U S I N G ADMINISTRATION Nonfarm population data for each of the areas discussed previously are also set forth in Table I . I n general, these data reflect the trends and conditions discussed earlier in connection with dwelling units. The geographic division with the greatest occupied nonfarm dwelling unit percentage increase between 1930 and 1940, the Pacific, also experienced the largest increase in nonfarm population, namely, 19.9 percent. I n every geographic division the nonfarm population increase of the area outside the central city in the metropolitan districts was relatively greater than that in the central cities. I n the East North Central Division the nonfarm population increase of the central cities was but 1.0 percent, while for the area outside the central cities i t was 15.3 percent. I n the New England Division the nonfarm population of the central cities declined by 0.5 percent, wrhile the nonfarm population of the area outside increased 5.1 percent. I n the entire continental United States the central cities of the metropolitan districts grew in nonfarm population by 5.1 percent, and in the area outside the growth was 15.1 percent. While i n every geographic division the occupied nonfarm dwelling unit increase of the metropolitan districts was relatively greater than the increase for the area outside the metropolitan districts, the nonfarm population increase in seven of the nine geographic divisions was greater outside the metropolitan districts than in them. For example, in the New England Division the nonfarm population outside the metropolitan districts increased by 5.2 percent and inside the metropolitan districts by only 2.5 percent. Again, in the East North Central Division the nonfarm population growth outside the metropolitan districts was 7.9 percent, and inside the metropolitan districts 4.6 percent. I n the country as a whole, the nonfarm population outside metropolitan districts increased by 12,1 percent between 1930 and 1940, while inside the metropolitan districts the increase was but 8.1 percent. Table 2.—Net volume of F H A activity. On table 2 of each geographical division page there is set forth the number and amount of small home mortgages accepted for insurance by the F H A from beginning of operations through December 1940, as well as the number and amount of rental housing mortgages and property improvement notes actually insured. Operations inside and HOMES IN METROPOLITAN DISTRICTS outside the metropolitan districts are distinguished. Thus, these data depict the actual magnitude of F H A operations in the various places. The number of small home mortgages accepted for'insurance by the F H A inside the metropolitan districts of the various geographic divisions do not constitute a uniform percentage of the total number of mortgages accepted in the entire division. Thus, in the Mountain Division the mortgages accepted for insurance inside the metropolitan districts were only 39.4 percent of the total, while in the Middle Atlantic Division they amcWited to 90.3 percent. Obviously, this factor is influenced in large degree by the relative importance of the metropolitan districts in the various divisions, as well as by the rate of dwelling unit and population expansion inside and outside the metropolitan districts. I n general F H A receives its largest share in those areas in which the growth is the most rapid. For the nation as a whole the small home mortgages accepted for insurance inside the metropolitan districts constituted 77.1 percent of the total number. I n general, the number of F H A insured property improvement notes which were originated inside the metropolitan districts constituted a smaller proportion of the division total than did the small home mortgages originated there, while the F H A insured rental housing mortgages were originated in major degree inside the metropolitan districts. Thus, although 86.9 percent of the small home mortgages accepted for insurance by the F H A in the Pacific Division originated inside the metropolitan districts, only 68.5 percent of the property improvement notes insured came from there, and 99.4 percent of the insured rental housing units were on properties located inside the metropolitan districts. A somewhat similar situation obtained in every geographic division except New England, where small home mortgages originated inside the metropolitan districts constituted 69.4 percent of the division total, while 77.4 percent of the property improvement notes and 68.8 percent of the rental housing units were in the metropolitan districts. I n the Mountain Division, only 31.9 percent of the F H A insurance on small home mortgages, property improvement notes, and rental housing mortgages was originated in the metropolitan districts. But in the New England Division 76.7 15 percent comes from the metropolitan districts. I n the entire continental United States 70.2 percent was originated inside the metropolitan districts. Table 3.—Type of originating mortgagee. Mortgages are distributed according to type of originating institution and according to ratio of loan to F H A valuation in table 3 of each geographical division page. The data are for both new and existing homes located inside or outside the metropolitan districts. A considerable variety exists within and among the nine geographic divisions as to the institutional source from which new and existing small home purchasers derive their mortgage funds under the F H A Plan. By way of example, national banks originated 54.2 percent of the new, small home mortgages accepted for insurance by the F H A inside the metropolitan districts of the Pacific Division during 1940. State banks accounted for only 20.0 percent, mortgage companies 7.6 percent, insurance companies 3.8 percent, savings and loan associations 3.6 percent, savings banks 2.1 percent, and all other types of mortgage lending institutions 8.7 percent. The relative domination of the field by the national banks in this division is not typical of all divisions, however. Against the 54.2 percent of the new, small home mortgages originated by the national banks inside the metropolitan districts of the Pacific Division is the West South Central Division where national banks accounted for but 4.7 percent of the total. I n the East South Central Division national banks accounted for 7.2 percent, in the Mountain Division 9.6 percent, and in the South Atlantic Division 11.8 percent. I n many geographic divisions the mortgage companies have in recent years become increasingly important as originators of F H A insured mortgages. I n the East South Central Division 36.9 percent of the new, small home mortgages originated inside the metropolitan districts during 1940 were accounted for by the mortgage companies, in the West South Central Division 34.3 percent, in the Middle Atlantic Division 33.0 percent, in the South Atlantic Division 31.0 percent, in the East North Central Division 30.9 percent, and in the Mountain Division 29.5 percent. Savings banks were important originators of new, small home F H A insured mortgages inside the metropolitan districts of the New England 16 Division, for during 1940 tliey accounted for 18.4 percent of the total. I n the Middle Atlantic Division they accounted for 15.6 percent. I n the other geographic divisions the savings banks were a negligible factor in originations. Comparisons similar to the preceding ones for mortgages on new, small homes may also be made for existing homes upon the basis of data presented in table 3. Table 3.—Ratio of loan to F H A valuation. During 1940, a majority of the purchasers of new, small homes inside the metropolitan districts of every geographic division availed themselves of a loan of 86 to 90 percent of the property valuation. The highest ratio permitted by the F H A is 90 percent. I n the East South Central Division 77.6 percent of the new home mortgages accepted for insurance by the F H A represented between 86 and 90 percent of the value of the residential property. I n the South Atlantic Division 76.9 percent of the mortgage acceptances were for 86 to 90 percent of property valuation, and in the West South Central Division 76.6 percent. I n the New England Division, however, only 61.4 percent of the new home mortgages accepted for insurance represented a loan to value ratio of from 86 to 90 percent, and in the East North Central Division only 65.5 percent. I n most geographic divisions the proportion of the new home mortgages which represented from 81 to 85 percent of the value of the property and that which represented from 76 to 80 percent were approximately the same. Mortgages representing a smaller proportion of the value of the property were a small factor in all geographic divisions. I t is noteworthy that in every geographic division the purchasers of new, small homes located outside the metropolitan districts obtained insured mortgages of a lower loan to property value ratio than did the purchasers of homes located inside the metropolitan districts. Viewed differently, purchasers of homes located outside metropolitan districts made the relatively larger down payments on their homes. For example, in the New England Division only 43.9 percent of the mortgages accepted for insurance by the F H A during 1940 on new, small homes located outside the metropolitan districts represented from 86' to 90 percent of the total property valuation, compared with 61.4 percent for those inside the met- FEDERAL H O U S I N G ADMINISTRATION ropolitan districts. Again, in the West North Central Division only 62.4 percent of the new, small homes outside the metropolitan districts were covered by mortgages which represented from 86 to 90 percent of the property valuation, while 74.2 percent of those inside the metropolitan districts had 86 to 90 percent loans. Tendencies similar to those described for new, small home mortgages hold also for existing home mortgages. I n the case of existing homes, however, an insured mortgage is limited by law to 80 percent of the valuation of the residential property, while in the case of new homes i t may be as much as 90 percent. Table 4.—Material of exterior construction. Wood was the most popular exterior material used in the construction of the new, single-family homes underlying mortgages accepted for insurance by the F H A inside the metropolitan districts of six of the nine geographic divisions during 1940, while brick was the leading material in two divisions, and stucco in one. I n the East South Central Division, 56.1 percent of the new homes were built of wood, 28.6 percent of brick, 0.6 percent of stucco, and 14.7 percent of other materials, principally asbestos shingles and stone. I n the Middle Atlantic and South Atlantic Divisions, however, brick was the exterior material most used by new home purchasers inside the metropolitan districts, 50.4 and 38.3 percent of the homes respectively, while stucco led in the Pacific Division with 72.8 percent. These data are shown in Table 4 of each geographic division page. Inside the metropolitan districts of most of the geographic divisions wood was used less commonly as the exterior material for existing homes than for new homes. Thus, in the West South Central Division only 49.1 percent of the existing homes had wood exteriors, while 69.1 percent of the new homes were built of wood. This disparity was most notable inside the metropolitan districts of the Mountain Division where only 14.5 percent of the existing homes securing mortgage acceptances by the F H A during 1940 had wood as the exterior material, while 50.1 percent of the new homes were constructed of that material. I n most of the geographic divisions a larger proportion of both the new and existing homes located outside the metropolitan districts were built with wood as the exterior material than was HOMES I N METROPOLITAN DISTRICTS true of homes located inside the metropolitan districts. The South Atlantic Division is an example of this tendency, for 48.2' percent of the new homes securing mortgages accepted for insurance by the F H A outside the metropolitan districts were of wood as against but 30.6 percent inside the metropolitan districts. I n the case of existing homes the percentages were 61.7 percent outside and 44.4 percent inside. Table 4.—Number of rooms. Both inside and outside metropolitan districts of most geographic divisions, the existing single-family homes accepted for mortgage insurance by the F H A during 1940 had a larger number of rooms than did the new homes. I n the New England Division 40.3 percent of the existing homes inside the metropolitan districts had seven or more rooms compared with only 4.2 percent for new homes, and 54.9 percent of the existing homes outside metropolitan districts had seven rooms compared with only 11.4 percent for new homes. Again, in the West North Central Division 22.1 percent of the existing homes inside the metropolitan districts had seven rooms or more compared with only 2.5 percent for new homes, and 25.6 percent of the existing homes outside the metropolitan districts had seven rooms compared with only 4.1 percent for new homes. Conversely, a larger proportion of the new homes had four rooms or less; 30.3 percent of the new homes compared with 7.9 percent of the existing homes inside the metropolitan districts and 38.7 percent of new homes compared with 11.4 percent of the existing homes outside metropolitan districts had four rooms or less. There is a tendency for the new single-family homes located outside the metropolitan districts to contain a smaller number of rooms than do those located inside the metropolitan districts. Thus, in the Middle Atlantic Division 23.0 percent of the new homes outside the metropolitan districts compared with 17.2 percent inside the districts had four rooms or less. Obversely, only 8.5 percent of the new homes located outside the metropolitan districts had seven or more rooms, while 10.2 percent of the new homes inside the metropolitan districts had seven or more rooms. Table 5.—FHA valuation of property. I n every geographic division there is a tendency for the new and existing single-family homes located outside the metropolitan districts to have a lower property valuation than is true of those prop- 17 erties located inside the districts. This is revealed in an analysis of the property valuation of the single-family homes underlying mortgages accepted for insurance by the F H A during 1940, as set forth in Table 5 on each geographical division page. For the East South Central Division, 16.4 percent of the new single-family homes located outside the metropolitan districts were valued at $2,999 or less, compared with only 7.3 percent inside the districts. Of the existing homes, 23.7 percent of tho^e outside the metropolitan districts were valued below $3,000, whereas inside only 9.3 percent were. I n the Pacific Division 38.0 percent of the new homes outside the metropolitan districts compared with 25.4 percent of those inside were valued at $3,999 or less, and 60.1 percent of the existing homes outside compared with 33.7 percent of those inside the metropolitan districts were $3,999 or less. Contrariwise, homes valued at from $6,000 to $7,999 constituted 16.9 percent of the new homes inside the metropolitan districts compared with 8.4 percent of those outside, and for existing homes 16.5 percent of those inside and 6.3 percent of those outside metropolitan districts were valued from $6,000 to $7,999. Also, both inside and outside the metropolitan districts of most geographic divisions, there is a tendency toward a greater concentration of existing single-family homes in the lower property valuation groups than is true for new homes similarly located. I n the Middle Atlantic Division, by way of example, 9.5 percent of the existing homes inside the metropolitan districts were valued at $2,999 or less, and 18.0 percent of them at from $3,000 to $3,999, compared with only 0.4 and 4.1 percent, respectively, for the new homes. Somewhat similar relationships exist in most of the geographical divisions. Table 5.—Land value as a percent of property value. When the value of the land upon which the single-family homes are situated is expressed as a percentage of the total property valuation, it is found that both inside and outside the metropolitan districts land bears a larger proportion of value of the existing homes than is the case with new homes. Data showing this are set forth in Table 5. Inside the metropolitan districts of the Pacific Division, the land valuation represented 17.0 percent of the total property valuation of the exist- 18 ing homes of $2,999 or less, and 17.1 percent of those homes of between $3,000 and $3,999 property valuation, while in the case of the new homes the land represented but 11.8 percent of the total property valuation in both instances. Outside the metropolitan districts land valuation amounted to 15.3 percent of the total property valuation of the existing single-family homes in the $5,000 to $5,999 group, and to 17.2 percent of these homes in the $6,000 to $7,999 group, while in the case of the new homes the comparable percentages were 10.7 percent and 11.8 percent, respectively. I n the case of the new homes in most of the geographic divisions the value of the land of those homes located outside the metropolitan districts constitutes a smaller proportion of the total property valuation than is true inside the metropolitan districts. Moreover, as the property valuation increases, the land valuation as a percent of total property valuation increases relatively less for new homes located outside than for new homes located inside the metropolitan districts. I n the instance of those new homes of the East North Central Division with a property valuation between $3,000 and $3,999, the value of the land secured by properties located outside metropolitan districts represented only 9.3 percent of the total valuation, while inside the metropolitan districts the land accounted for 10.4 percent. This disparity increased as the property valuation increased. Land represented only 14.2 percent of the value of the homes over $10,000 outside the metropolitan districts and 16.3 percent inside them. I n the Mountain Division, land valuation accounted for 8.4 percent of the total property valuation of the new homes worth less than $2,999 and located outside the metropolitan districts, while inside the metropolitan districts the comparable percentage was 8.9 percent. The spread was greater for new homes worth more than $10,000, for outside the metropolitan districts the land represented but 9.3 percent of the total property valuation as compared with 11.1 percent inside the metropolitan districts for comparably valued homes. A similar situation obtains in the case of existing homes. Table 6.—Annual income of borrower. I n general, the purchasers of existing single-family homes under the F H A Plan have larger incomes than do the purchasers of new homes. This is FEDERAL H O U S I N G ADMINISTRATION apparent from a study of the percentage distribution of borrower income groups as set forth in Table 6 for the purchasers of new and existing homes both inside and outside the metropolitan districts. Inside the metropolitan districts of the West North Central Division, only 4.9 percent of the purchasers of existing single-family homes have incomes of $1,499 or less, while 7.7 percent of the new home purchasers fell into that class. On the other end of the income distribution, 17.9 percent of the existing home purchasers had incomes of from $3,000 to $3,999, some 7.0 percent from $4,000 to $4,999, and 9.0 percent had incomes of $5,000 or more. The comparable distribution for the new home purchasers was only 13.7 percent, 3.8 percent, and 2.8 percent, respectively. Outside the metropolitan districts in the same geographic division, 13.5 percent of the existing home purchasers had incomes of $1,499 or less, while 15.7 percent of the new home purchasers were in that group. I n the higher income groups, 15.0 percent of the existing home purchasers had incomes of from $3,000 to $3,999 as compared with 12.0 percent of those purchasing new homes. Moreover, 3.8 percent of the existing home purchasers had incomes of $5,000 or more, while only 2.4 percent of the new home purchasers earned $5,000 or more. Somewhat comparable distributions exist in all the geographic divisions, except New England outside metropolitan districts. When the incomes of the purchasers of new, single-family homes only are analyzed it is found that in most of the geographic divisions, those whose residential properties are located inside the metropolitan districts enjoy higher incomes than do those whose homes are located outside. As an example, in the Middle Atlantic Division only 1.4 percent of the purchasers of new homes located inside the metropolitan districts had incomes of $1,499 or less, and but 17.2 percent of from $1,500 to $1,999 compared with 8.0 and 25.0 percent, respectively, for the home purchasers located outside the metropolitan districts. I n the higher income levels, 24.0 percent of the new home buyers inside the metropolitan districts had incomes of from $3,000 to $3,999 as against only 15.7 percent outside the metropolitan districts, and 6.9 percent of the new home purchasers inside the metropolitan districts had incomes of from $4,000 to $4,999 and 5.5 percent had incomes HOMES I N METROPOLITAN DISTRICTS of $5,000 or more, as against only 4.7 percent and 5.2 percent for purchasers outside the metropolitan districts. Substantially this same situation prevails in most of the geographic divisions with respect to the purchasers of existing singlefamily homes. Table 6.—Average gross monthly payment. I n every geographic division the purchasers of both new and existing single-family homes located inside the metropolitan districts make larger monthly payments, inclusive of real estate taxes and hazard insurance, than do those persons located outside the metropolitan districts. This is revealed by a study of the payments made by the small home purchasers in various income groups as set forth in Table 6. I n the New England Division purchasers of new homes located inside the metropolitan districts and having an annual income of from $2,000 to $2,499 paid $37.15 per month, while purchasers outside the districts paid $35.11. I n the $4,000 to $4,999 annual income group those inside the metropolitan districts paid $54.17 monthly, while those outside paid $52.57. I n the Pacific Division purchasers of existing single-family homes located inside the metropolitan districts and with an annual income of $1,499 19 or less paid $22,52, while those outside the metropolitan districts paid $21.24. Those persons having an annual income of $5,000 or more and living inside the metropolitan districts paid $70.71 monthly, and outside the districts, $59.18. Persons in the lower income groups purchasing existing houses located solely inside the metropolitan districts generally make smaller monthly payments, inclusive of taxes and fire insurance, than do new home buyers, while in the higher income groups they make as large, or even a larger monthly payment. Inside the metropolitan districts of the South Atlantic Division, for example, those existing home purchasers having an annual income from $1,500 to $1,999 paid $25.87 monthly, while the purchasers of new homes in that income bracket paid $27.11. When persons having an income of $5,000 or more are considered, however, it is found that the purchasers of existing homes located inside the metropolitan districts paid $66.05 monthly, as against only $58.15 monthly paid by the new home purchasers inside the metropolitan districts. I n the lower income groups, the same general observations apply when the monthly payments of the purchasers of existing homes located outside the metropolitan districts are compared with new home purchasers similarly located. 20 FEDERAL HOUSING ADMINISTRATION NEW ENGLAND DIVISION, INSIDE-OUTSIDE METROPOLITAN DISTRICTS Table 1.—Census nonfarm data on population and number of dwelling units Nonfarm population Number of nonfarm dwelling units Occupied Increase Area 1940 Inside metropolitan districts: I n central cities Outside central cities 1930 Number 1940 Number For sale or rent N o t for sale or Percent rent Number -0.5 5-1 698,513 829,558 640,704 732.604 57.809 96.954 9.0 13.2 141,380 2.5 1,528,071 1.373.308 154.763 11.3 18,050 100,280 5.2 522.576 491.913 30,663 6.2 65,786 241,660 3.2 2,050,647 1,865,221 185,426 9.9 83,836 127.172 2,672,871 3.209,955 2,686,917 3.05U.529 -14,046 155.426 Total inside districts® 5,882,826 5,71*1,446 Outside metropolitan districts.. 2,026,092 1,925,812 7,908,918 7,667,258 Grand total Percent Vacant, 1940 Increase 1930, estimated by F H A 2,188 15,862 Total Percent of total 29,258 46,386 4.0 5.2 729.959 891.806 75.644 4.7 1,621,765 51.528 8.1 639.890 5.6 2,261,655 Table 2.—Net volume of FHA activity, cumulative from beginning of operations in 1934 through December 1940 A l l places Item Amount 9.875 8.936 $48,389,325 35.598,645 18,811 201,882 Home mortgages accepted for insurance under Title I I : On new homes On existing homes... Total Property improvement loans insured under Title I : Total.. Rental housing units insured under Title I I : Total Grand total Outside metropolitan districts Inside metropolitan districts Number Number Inside as a percent of all places Amount Number Amount Number 8,031 5,027 $ 40,505,065 23.327,602 1,844 3.909 $ 7.884,260 12,271.043 81.3 56.3 83.7 65.5 83.987.970 13,058 63,832,667 5.753 20,155.303 69.4 76.0 81.635.932 156,282 62.599.950 45,600 19.035.982 77.4 76.7 Amount 596 1,807,000 410 1,617,000 186 190,000 68.8 89-5 221,289 167,430,902 169.750 128,049,617 51.539 39.381,285 76.7 76.5 Table 3.—Mortgages on 1- to 4-family homes distributed by type of mortgagee and by ratio of loan to FHA valuation, 1940 Percent distribution Type of institution originating mortgages New homes Inside National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others Total Percent distribution Mortgage as a percent of property valuation Existing homes Outside Outside Inside/ Inside 16.0 16.5 31.1 36.9 19.8 19.2 30.0 35.3 ....16.8.... 4.0.... 8.9.... 1.6 6.1 .4 5.5 16.2 6~0 l.l 7.6 . . . . 1 8 . 4 . . . . ....23.2.... ....45.6.... ,...24.6 6.2 .8 .1 2.1 100.0 100.0 New homes 100.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60. 50 or less Inside Outside 61.4 43.9 11.8 11.4 . . . . 1 9 . 0 . . . . . . . . 2 6 . 9 . . . . ....72.4.... ....54.3 3.8 20.9 6.6 14.7 14.6 3.4 8.8 8.7 6.1 2.8.... 5.-. 1.7.... .1 4.1 1.4 .7 Total 100.0 Existing homes Outside 100.0 100.0 100.0 100.0 Table 4.—Structural characteristics of 1-family homes, 1940 Percent distribution Material of exterior construction Wood Brick New homes Inside Outside Inside Outside 89.5 3.6 91.5 1.2 84.3 8.8 91.1 3.6 Other Total Percent distribution Existing homes 6.7 7.1 100.0 100.0 ' 3.4 4.5 100.0 100.0 New homes Number of rooms Inside 4 rooms or less 5 rooms 6 rooms 7 rooms or more Total 30.0 37.8 ....28.0 4.2 100.0 Existing homes Outside Inside Outside 29.0 4.2 4.1 33.2 13.4 15.7 ....26.4.... ....42.1.... h...250 40.3 11.4 54.9 100.0 100.0 100.0 Table 5.—Property valuation and land valuation characteristics of 1-family homes, 1940 Percent distribution F H A valuation of property New homes Inside $2,999 3,000 4,000 5,000 6,000 8,000 10,000 or less to $3,999 to 4,999 to 5,999 to 7,999 to 9>999 or more All groups Land value as a percent of property value Existing homes New homes Existing homes Outside Inside Outside Inside Outside Inside Outside 33.7 29.7 4.0 1.6 19.6 312 22.0 15.3 3.9 4.1 4.9 8.2 17.3 21.6 34.6 7.7 5.7 37.4 23.0 16.6 11.7 6.1 2.6 2.6 11.1 8.8 9.9. 10.3 12.0 14.8. 17.2 12.8 9.4 9-2 9.8 11.1 14.2 13.5 16.3 14.5 13.8 13.7 14.1 16.6 19.8 14.8 14.0 13.9 13.9 13.2 15.7 17.5 100.0 100.0 100.0 100.0 11.3 10.5 15.O 14.5 0.9 7.8 Table 6.—Borrower income distribution and monthly payment by income groups for 1-family homes, 1940 Average gross monthly payment Percent distribution Annual family income of borrower $1,499 1,500 2,000 2,500 3,000 4,000 5.000 or to to to to to or less $1,999 2,499 2,999 3,999 4,999 more New homes Existing homes Inside Outside 2.4 18.9 34.9 19.4 16.4 3.9 4.1 8.0 28.1 28.1 12.4 12.6 5.7 5.1 Inside , 1. 3.0 12.3 21.0 15.5 23.9 96 14.7 Outside 13.2 28.1 27.1 9.2 12.4 4.3 5.7 New homes Inside $ 28.13 31.96 37.15 40.76 45.75 54.17 63.57 Outside $ 24.10 30.17 35.11 38.86 46.14 52-57 72.48 Existing homes Inside $19.68 29.74 ...35.85 43.82 46.01 54.02 71.11 Outside $ 16.63 22.13 26.12 31.79 38.89 39.50 61.24 All groups 100.0 100.0 100.0 28.44 100.0 37.60 45.20 39.82 Notej A glossary oi terms used Is Included i n the A p p e n d i x . » T h e 1930 data f o r 2 m e t r o p o l i t a n d i s t r i c t s were estimated on a "basis approximating the1940m e t r o p o l i t a n d i s t r i c t boundaries, and f o r 2 m e t r o p o l i t a n d i s t r i c t s the 1930 data were based on the m e t r o p o l i t a n d i s t r i c t boundaries as established HOMES IN METROPOLITAN DISTRICTS 21 MIDDLE ATLANTIC DIVISION, INSIDE - OUTSIDE METROPOLITAN DISTRICTS Table 1.—Census nonfarm data on population and number of dwelling units Nonfarm population Number of nonfarm dwelling units Area 1940 1930 Number Vacant, 1940 Occupied Increase N o t for sale or Percent rent Percent 1940 3.5 7-3 3,754,187 1,825,980 3,283,706 1,555,646 470,481 270,33^ 1U.3 17.4 12,466 26,088 233,210 95.730 Number Inside metropolitan districts: I n central cities Outside central cities _. 13,905,601 7,127,075 13.432,242 6,642,468 ^73.359 484,607 Total inside districts® 21,032,676 20,074,710 957,966 4.8 5,580,167 M39.352 740,815 15.3 38.55^ Outside metropolitan districts.. 4,777,620 4,512,346 265.274 5.9 1,192.920 1,149,911 43,009 3-7 74,267 25,810,296 24,587,056 1,223,240 5.0 6.773.087 5.989.263 783,824 13.1 112,821 Grand total For sale or rent Increase 1930, estimated by F H A Total Percent of total Number 5.8 3.999.863 1.9^7.798 328,940 5.5 5,947.661 92,3b3 6.8 1.359.550 421.303 5.8 7.307.211 Table. 2.—Net volume of FHA activity, cumulative from beginning of operations in 1934 through December 1940 A l l places Item Number Home mortgages accepted for insurance under Title I I : On new homes. On existing homes . . . Total Property improvement loans insured under Title I : Total... .... Number Amount Number Inside as a percent of all places Amount Number Amount 79.036 39.962 $402,521,619 161,558,969 73.650 33.755 $ 377.303.1+59 139.798.386 5.386 6,207 $ 25,218,160 21,760,583 93.2 84.5 93.7 86.5 118,998 564,080,588 107,405 517.101.845 11.593 46,978,743 90.3 91-7 760,932 370,869,687 628,183 310,645.445 132.749 60,224,242 82.6 83.8 Rental housing units insured under Title I I : Total . .. Grand total Outside metropolitan districts Inside metropolitan districts Amount 11.975 48,563,000 11.265 45,787.000 710 2.776.000 94.1 9^.3 891,905 983,513.275 746,853 873.53^.290 145.052 109,978,985 83.7 88.8 Table 3.—Mortgages on 1- to 4-family homes distributed by type of mortgagee and by ratio of loan to FHA valuation, 1940 Percent distribution Percent distribution Type of institution originating mortgages New homes Inside National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others Total 46.6 23.4 5.0.... 12.0 4.4 2.3... 6.3 100.0 100.0 New homes Inside Outside Inside Outside 15.6 20.7 9.0.... 33.0 5.0 ....15.6.... 1.1 Mortgage as a percent of property valuation Existing homes 28.1 27.3 3.H.... 29.0 5.2 5.7.... 1.3 86 81 76 71 61 51 50 52.9 32.2 5.3 5.0 1.5 9 2.2 100.0 100.0 Existing homes Outside Inside Outside 67.2 16.8 13.7 10.3... . . . . 1 8 . 7 . . . . . . . . 5 7 . 3 . . . . ....52.7 6.5 20.1 20.0 4.0 5.0 15.6 15.4 3-2 2.2.... 4.5.... 7.6 l.l... •5 •9 2.5 fc.3 to 90 to 80 to 80 to 75 to 70 to 60. or less 100.0 Total 100.0 100.0 100.0 Table 4.—Structural characteristics of 1-family homes, 1940 Percent distribution Material of exterior construction New homes Inside Outside 24.1 50.4 3-6-.21.9 Wood Brick Stucco Other 100.0 Total Percent distribution Existing homes Inside Outside Inside 70.8 16.6 5.9 6.7 37.7 69.3 38.2 14.4 5.... ....14.3.... 15-8 9.8 100.0 New homes Number of rooms 100.0 Inside Outside 4.8 4.1 17.2 23.0 41.0 16.0 29.2 34.4 . . . . 4 1 .1 . . . . 4 0 . 0 . . . . . . . . 3 4 . 1 . . . . 31.6... 10.2 38.1 8.5 26.7 4 rooms or less 5 rooms 6 rooms 7 rooms or more 100.0 Existing homes Outside 100.0 Total 100.0 100.0 100.0 Table 5.—Property valuation and land valuation characteristics of 1-family homes, 1940 Percent distribution F H A valuation of property Inside $2,999 3,000 4,000 5,000 6,000 8,000 10,000 or to to to to to or less $3,999 4,999 5,999 7,999 9,999 more A l l groups Land value as a percent of property value Existing homes New homes Outside Inside Outside 0.4 4.1 19.7 30.6 37.8 5.5 1.9 0.9 10.6 29.4 29.7 23.1 U.5 1.8 9.5 18.0 21.0 17.6 20.5 6.9 6.5 16,3 26.8 21.4 16.7 13.3 3.2 2.3 100.0 100.0 100.0 100.0 New homes Existing homes Outside Inside Outside 12.5 11.1 11.7. . . . . . 13.2 15.2 16.4. 18.1 10.9 10.4 10.0 10.1 11.5 13.5 17.3 18.9 17.2 17.2 18.1 19.6 21.7 24.3 17-9 16.7 16.0 16.1 19.2 23.2 20.3 14.2 11.0 19.6 17.7 Inside Table 6—Borrower income distribution and monthly payment by income groups for 1-family homes, 1940 Average gross monthly payment Percent distribution Annual family income of borrower $1,499 1,500 2,000 2,500 3,000 4,000 5,000 or to to to to to or less $1,999 2,499 2,999 3,999 4,999 more A l l groups Existing homes New homes Inside Outside 1.4 17.2 28.0 17.0 24.0 6.9 5-5 8.0 25.0 28.9 12.5 15-7 5.2 3-7 17.8 21.3 13.& 21.8 8.6 13.^ Outside 6.7 25.1 22.6 11.6 20.4 5.3 8.3 Inside $ 26.89 33.00 38.61 42.87 49.08 55.88 65.33 Outside $25.50 31.05 35.5^ 38.70 ^5.57 5U.63 60.25 Existing homes Inside $ 23.85 29.42 34.11 39.50 46.63 55.06 78.63 Outside $ 21.83 25.5^ 31.55 35.04 38.63 45.17 62.73 100.0 100.0 43.40 37.78 44.13 3U.55 Notej A glossary oi terms used Is Included in the A p p e n d i x . » T h e 1930 data f o r 2 m e t r o p o l i t a n d i s t r i c t s were estimated on a "basis approximating the 1940 m e t r o p o l i t a n d i s t r i c t boundaries, and f o r 2 m e t r o p o l i t a n d i s t r i c t s the 1930 data were based on the m e t r o p o l i t a n d i s t r i c t boundaries as e s t a b l i s h e d i n the 1930 Census.bLessthan0.05percent. 100.0 100.0 Inside New homes 22 FEDERAL HOUSING ADMINISTRATION SOUTH ATLANTIC DIVISION, INSIDE - OUTSIDE METROPOLITAN DISTRICTS Table 1.—Census nonfarm data on population and number of dwelling units Nonfarm population Number of nonfarm dwelling units Occupied Increase 1940 Inside metropolitan districts: I n central cities Outside central cities 1930 Number 1940 Percent Vacant, 1940 Increase 1930, estimated by F H A Number For sale or rent N o t for sale or Percent rent Number Total Percent of total 3.912.01U 1,31+5,227 3,385,600 939.103 526,414 406,124 15.5 1+3.2 1.039,996 33M95 836,158 212,774 203,838 121,421 24.4 57.1 7,469 10,007 46,551 20,453 5.6 1,094,016 364,655 Total inside districts.' 5,257,2*11 4,324,703 932,538 21.6 1,37^,191 1,048,932 325.259 31.0 17.U76 67,004 4.6 1,458,671 Outside metropolitan districts. 6,589,109 5,589.930 999.179 17.9 1.5^7.5^9 1,306,170 241,379 I8.5 25,611 73.020 4.4 1,646,180 ! 9,914,633 | 1,931,717 19.5 2,9a,740 2,355.102 566,638 24.1 43,087 140,024 U.5 3,104,851 i ! il.8U6.350 Grand total Table 2.—Net volume of FHA activity, cumulative from beginning of operations in 1934 through December 1940 | Item All places Number Home mortgages accepted for insurance under Title I I : On new homes On existing homes Total Outside metropolitan districts Inside metropolitan districts Number Amount Amount Inside as a percent of all places Number Amount Number Amount 58,772 18,985 $ 255,225,963 73.550.411 39.655 11,718 $ 179,649,906 48,623,071 19.U7 7.267 $ 75.576,057 24,927,340 67.5 61.7 70.4 66.1 77,757 328,776,374 51.373 228,272,977 » 26,384 IOO.5O3.397 66.1 69.4 Property improvement loans insured under Title I : Total. 259.253 109.426,360 155,980 66,077,485 103,273 43,3^.875 60.2 60.4 Rental housing units insured under Title I I : Total 10,182 36,236,600 9.3M 33,220,900 841 3,015,700 91.7 91.7 3^7,192 U74,439,334 216,694 327.571.362 130,498 146.867,972 62.4 69.O Grand total Table 3.—Mortgages on 1- to 4-family homes distributed by type of mortgagee and by ratio of loan to FHA valuation, 1940 Percent distribution Type of institution originating mortgages New homes Inside Outside 11.8 10.9 ....13.7.... 31.0 18.7 Percent distribution Mortgage as a percent of property valuation Existing homes Inside Outside Inside 20.8 19.8 9-7 8 . 4 . . . . r..Vz 24.1 17.2 24.8 25.9 A l l others 13.5 10.8 10.2 14.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Total 100.0 100.0 100.0 100.0 Total National banks State banks Savings and loan assnsMortgage companies Insurance companies 13.5 19.5 8.5.... 23.6 24.0 New homes Existing homes Outside Inside Outside 67.2 12.0 9.6.... ....13.9.... ....71.3.... ....59.5 4.1 13.6 1.8 15.7 2.2 14.4 1.9 9.3 4.... 3.7.... 6.9 3... .1 .2 2.1 3-5 76.9 100.0 100.0 100.0 100.0 Table 4.—Structural characteristics of 1-family homes, 1940 Percent distribution Material of exterior construction Wood Brick Stucco Other Total New homes Percent distribution Existing homes Inside Outside 30.6 38.3 ....10.6.... 20.5 48.2 31-3 3.8 16.7 44.4 38.4 .. ....10.2.... 7.0 61.7 24.0 8.2 6.1 100.0 100.0 100.0 100.0 Inside New homes Number of rooms Inside Outside 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes Outside Inside Outside 11.1 5-2 2.7 7-5 >+9.3 25.8 48.4 28.5 . . . . 3 4 . 4 . . . . ....33.8.... ....39-2.... ....35.0 5.2 10.3 29.8 33.8 Total 100.0 100.0 100.0 100.0 Table 5.—Property valuation and land valuation characteristics of 1-family homes, 1940 Land value as a percent of property value Percent distribution F H A valuation of property New homes Inside $2,999 3,000 4,000 5,000 6,000 8,000 10,000 or to to to to to or less $3,999 4,999 5,999 7,999 9,999 more A l l groups New homes Existing homes Outside Inside 3.8 23.9 24.9 19.9 21.2 4.6 1.7 8.9 28.1 24.2 17.1 17.2 3.0 1.5 19.6 19.8 7.1 7.0 100.0 100.0 100.0 Inside Outside 7.0 20.0 r 17.8 25.0 22.0 14.7 -14.4 2.7 3.* 100.0 10.2 10.8 k Existing homes Outside Inside Outside 13.0 13.8 15.U 17.3 10.2 10.8 11.6 12.0 12.9 13.5 17.0 14.2 15.0 15.2 15.8 17.6 18.5 22.1 15.6 I5.3 15.4 15.4 16.6 16.0 I8.3 12.8 12.1 17.3 15.9 Table 6.—Borrower income distribution and monthly payment by income groups for 1-family homes, 1940 Average gross monthly payment Percent distribution Annual family income of borrower Inside $1,499 1,500 2,000 2,500 3,000 4,000 5,000 or to to to to to or less $1,999 2,499. 2,999 3,999 4,999. more A l l groups 5.7 25.9 27.4 13.8 18.2 4.8 4.2 100.0 1 i New homes Existing homes New homes Outside 8.8 27.9 25.6 12.5 17.6 4.4 3.2 100.0 r Existing homes Outside Inside 3.1 17.8 24.0 12.7 22.5 9.1 10.8 7.9 24.0 25.2 11.7 19.3 5.8 6.1 $21.73 27.11 32.02 35.99 41.71 49.66 58.15 $ 20.24 25.30 30.86 34.47 39.82 46.17 55.90 $ 22.11 25.87 29.63 34.43 41.53 52.35 66.05 $18.39 22.69 28.60 31.03 36.69 ....43.61 56.82 100.0 IX.0 34.40 31.87 38.02 30.82 Inside Outside Inside Outside Vote: A glossary o f terms used i s included i n the Appendix. a The I93O data f o r 9 m e t r o p o l i t a n d i s t r i c t s were estimated on a basis approximating the 19U0 m e t r o p o l i t a n d i s t r i c t boundaries,and f o r 2 m e t r o p o l i t a n d i s t r i c t s the 1930 data were based on the m e t r o p o l i t a n d i s t r i c t boundaries as established i n the I93O Census. HOMES IN METROPOLITAN DISTRICTS 23 EAST NORTH CENTRAL DIVISION, INSIDE - OUTSIDE METROPOLITAN DISTRICTS Table 1.—Census nonfarm data on population and number of dwelling units Number of nonfarm dwelling units Nonfarm population Occupied Increase Area 1940 Inside metropolitan districts: I n central cities Outside central cities.. 1930 Percent 2,878,500 1.0U7.1U0 2.566.U70 833,661 312,030 213.U79 12.2 25.6 1.0 15.3 13.73U.2U9 63U.360 U.6 3.925.6UO 3,1*00,131 525.509 7.109,822 56U.092 7.9 2,112,657 1.919.136 193.521 20.8UU.071 1,198,1+52 5.7 6.038,297 5.319.267 719.030 10,274.969 3.U59.2SO Total inside districts' 1^,368,609 Outside metropolitan districts- 7.673.91^ 22,01*2,523 For sale or rent N o t for sale or Percent rent Number 1940 105.5U7 528.813 10,380,516 3.9*8.093 Grand total Number Vacant, 1940 Increase 1930, estimated by F H A Total Percent of total Number 3.3 2.U 2,983,866 l , 081,61*5 125.800 3.1 u.065,511 109,098 U.7 2.306.69U 23U,898 3.7 6,372.205 5.U28 8.6U3 99.938 25,862 15.5 1U.071 10.1 8U.939 13.5 99,010 Table 2.—Net volume of FHA activity, cumulative from beginning of operations in 1934 through December 1940 A l l places. Item Number Home mortgages accepted for insurance under Title I I : On new homes On existing homes...., Total Property improvement loans insured under Title I : Total Amount Number Number Inside as a percent of all places Amount Number Amount 93.205 7U.U85 $ U77,23U,UU2 302,U07,U37 78,851 60,598 $ UlU,592,917 261,027,U37 1U.35U 13.887 $ 62,6Ul,525 Ul,380,000 8U.6 81.U 86.9 86.3 167.690 779.6U1.879 139,UU9 675.620.35U 28.2U1 10U,021,525 83.2 86.7 629,038 229.030,822 U37.928 161,065,350 191,110 67.965.U72 69.6 70.3 97.5 97.6 72.6 83.2 Rental housing units insured under Title I I : Total Grand total Outside metropolitan districts Inside metropolitan districts Amount 3.UU2 1U.520,250 3.355 1U.172.850 87 3U7.U00 800,170 1.023,192,951 580,732 850,858,55U 219,U38 172.33U.397 ' Table 3—Mortgages on 1- to 4-family homes distributed by type of mortgagee and by ratio of loan to FHA valuation, 1940 Percent distribution Type of institution originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others Total New homes Inside Outside 15.7 23.7 ....10.1.... 30.9 1U.2 1.9.... 3.5 15.8 100.0 Percent distribution Mortgage as a percent of property valuation Existing homes Outside Inside 17.9 27.7 ....10.6.... 22.9 16.U 13.8 17.1 3.2.... u.... 5.6 3.9 ...Ji... 100.0 New homes 100.0 Inside 21.9 37.6 9.9 13.6 1U.5 u 2.1 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 Total Existing homes Outside Inside Outside 58.3 65.5 15.2 15.U ....11.8..., ....16.1.... ....62.1.... ....59.2 17.6 3-6 U.9 17.7 1U.U 2 1U.9 U.3 1 .2 •3 1.7 2.5 100.0 100.0 100.0 100.0 Table 4 — Structural characteristics of 1-family homes, 1940 Percent distribution Percent distribution Material of exterior construction Wood Brick New homes Inside Outside Inside Outside U6.8 UU.U 80.8 10.6 5U.6 33.6 80.6 9.2 1*..,. 8.U 8.2 3.9 5.2 100.0 100.0 100.0 New homes Number of rooms Inside 4 5 6 7 1*.... 100.0 Other Total Existing homes rooms or less rooms rooms. rooms or more Total Existing homes Outside Inside Outside 29.8 6.2 37.6 3-5 U6.5 3U.1 39.1 3U.8 ....20.2.... ....18.7.... .•...38.3.... .,..32.1 U.6 23.U 27.6 3.5 100.0 100.0 i 100.0 100.0 Table 5.—Property valuation and land valuation characteristics of 1-family homes, 1940 Land value as a percent of property value Percent distribution F H A valuation of property $2,999 3,000 4,000 5,000 6,000 8,000 10,000 or to to to to to or New homes less $3,999 4,999 5,999 7,999 9,999........ more A l l groups Existing homes New homes Existing homes Inside Outside Inside Outside Inside Outside Inside Outside 0.2 6.6 .2U.2 29.2 30. U 5.8 3.6 1.5 16.5 35.U 2U.9 16.U 3.5 1.8 2.0 1U.8 2U.6 21.5 22.3 7.U 7.U 16.3 31.U 23.8 1U.2 9.2 36 1.5 11.7 10. U 10. u 10.7 11.9 13.9 16.3 12.U 9-3 9.8 10.3 11.1 13.3 1U.2 18.8 16.6 17.U 17.8 18.8 20.5 2U.8 16.2 15.0 15*2 ISO 16.1 19.1 23.1 100.0 100.0 100.0 100.0 11.9 10.6 19.3 16.0 Table 6—Borrower income distribution and monthly payment by income groups for 1-family homes, 1940 Average gross monthly payment Percent distribution Annual family income of borrower $1,499 1,500 2,000 2,500 3,000 4,000 5,000 or to to to to to or less $1,999 2,499 2,999 3,999 4,999 more A l l groups Existing homes New homes ; New homes Inside ~ Outside Existing homes Inside Outside Inside Outside 3.3 27.7 31.8 13.7 15.8 U.O 3.7 11.5 35.5 26.8 9.8 10.6 2.8 3.0 2.7 19.7 25.5 1U.6 20.0 7.3 10.2 U.7 30.9 2U.3 10.2 1U.5 3.5 U.9 $ 26.06 32.38 38.53 U3.16 1*9.38 59-18 77.52 $23-5U 29.52 3U.37 38.80 U5.OO 51.59 69.8U $ 24.20 29.89 35.10 39-51* U5.96 55.9U 76.7U $ 19.UU 2U.80 29.31 33.33 36.77 U6.9I 55.22 100.0 100.0 100.0 100.0 Ul.05 3U.U9 U2.39 30.13 Inside Outside Notej A g l o s s a r y oi terms used Is Included i n the A p p e n d i x . » T h e 1930 data f o r 2 m e t r o p o l i t a n d i s t r i c t s were estimated on a "basis approximating the 1940 m e t r o p o l i t a n d i s t r i c t b o u n d a r i e s , and f o r 2 m e t r o p o l i t a n d i s t r i c t s the 1930 data were based on the m e t r o p o l i t a n d i s t r i c t boundaries as e s t a b l i s h e d i n the 1930 Census.bLessthan0.05percent. 24 FEDERAL HOUSING ADMINISTRATION EAST SOUTH CENTRAL DIVISION, INSIDE - OUTSIDE METROPOLITAN DISTRICTS Table 1.—Census nonfarm data on population and number of dwelling units Nonfarm population Number of nonfarm dwelling units Occupied Increase Area 1940 Inside metropolitan districts: I n central cities Outside central cities 1930 Number 1940 Number 608,405 19.1 1,484 18,118 3.0 15.0 4,622 25.102 3.0 823.731 1,184,647 198.163 16.7 6,106 43,220 3.0 1,432,136 11.5 588,803 474,053 16.9 794,007 4,802,779 702,1*97 14.6 1,382,810 5.505.276 430.209 178.196 94,518 228,1*1*1* 2.812,936 3,286,989 2.9 3.1 103,645 1.989,81*3 2,218,287 12.605 5.513 690,362 356.996 137.289 Total inside districts^ Percent of total 1*94,285 1*17.026 171.777 Outside metropolitan districts.. Total Number 16.8 25.1 8.8 18.1 1,1*11,669 578,174 For sale or rent N o t for sale or Percent rent 60,030 34,488 123,526 104,918 1.535.195 683,092 Grand total Percent Vacant, 1940 Increase 1930, estimated by F H A 578 906 Table 2.—Net volume of FHA activity, cumulative from beginning of operations in 1934 through December 1940 A l l places Item Number Home mortgages accepted for insurance under Title I I : On new homes On existing homes Inside as a percent of all places Number Amount Number Amount • 84,153.592 32,166,889 13.058 5.491 $54,660,587 21,347.853 8,326 3.857 $ 29.493.005 10,819,036 61.1 58.7 65.O 66.4 30.732 116,320,1*81 18,549 76,008,440 12,183 40,312,041 60.4 65.3 131.972 46.886,155 73.845 25,235,168 58.127 21,650,987 56.O 53.8 Rental housing units insured under Title I I : Total Grand total Amount Number 21,384 9.348 Total Property improvement loans insured under Title I : Total... Outside metropolitan districts Inside metropolitan districts Amount 1.132 4,322,550 1,031 3.957.550 101 365,000 91.1 91.6 163,836 167.529.186 93.»«5 105,201,158 70.411 62,328,028 57.O 62.8 Table 3.—Mortgages on 1- to 4-family homes distributed by type of mortgagee and by ratio of loan to FHA valuation, 1940 Percent distribution Type of institution originating mortgages New homes Inside National banks State banks Savings and loan assns.. Mortgage companies Insurance companies Inside Outside 18.2 18.2 7.2.... 35.4 18.2 7.2 13.4 6.8.... 36.9 28.3 Percent distribution Mortgage as a percent of property valuation Existing homes New homes Outside Inside 27.4 16.4 4.2 31.4 18.4 9.2 9.2 6.5.... 29.2 39-5 A l l others 7.4 2.8 6.1 2.2 Total 100.0 100.0 100.0 100.0 86 81 76 71 61 51 50 to 90 to 85 to 80 to 75 to 70 to 60 or less Existing homes Outside Inside Outside 77.6 67.2 10.6 11.6 7.6.... . . . . 1 3 . 3 . . . ....73.7.... ....61.9 13.2 1.7 3.1 13.1 9.5 2.2 3.8 14.2 8.... 2.7.... 8.0 3..b .2 2.8 •9 100.0 Total 100.0 100.0 100.0 Table 4.—Structural characteristics of 1-family homes, 1940 Percent distribution Material of exterior construction New homes Inside Outside 56.1 28.6 6.... 14.7 Wood Brick Stucco Other 55.1 20.2 1.3.... 23.4 100.0 100.0 Total Percent distribution Existing homes Inside New homes Number of rooms Outside Inside 64.4 27.0 3.9 4.7 45.1 41.3 6.9.... 6.7 100.0 4 5 6 7 100.0 Existing homes Outside Inside Outside 15.6 11.6 3-1 32.8 60.3 55.7 ....20.0.... ....24.5.... ....42.7.... 4.1 8.2 21.4 rooms or less rooms rooms rooms or more 100.0 Total 100.0 2.9 38.5 42.8 15.8 100.0 100.0 Table 5.—Property valuation and land valuation characteristics of 1-family homes, 1940 Percent distribution F H A valuation of property New homes Inside $2,999 3,000 4,000 5,000 6,000 8 000 10,000 or to to to to to or less $3,999 4,999 5,999 7,999 9,999 more All groups Land value as a percent of property value Existing homes New homes Existing homes Outside Inside Outside 16.4 37.0 23.8 11.8 9.3 9.3 23-3 21.7 20.0 16.4 23.7 32.4 20.1 12.6 9.0 1.1 17.9 14.8 19.7 17.2 100.0 100.0 12.6 11.8 17.3 16.0 7.3 31.3 29.4...... 16.7 12.1 .8 .6 100.0 100.0 Inside Outside Inside Outside 11.3 10.9 11.8 12.5 12.9 18.0 17.0 15.9 17.3 17.1 15.7 15.9 15.6 16.2 15.6 10.8 11.2 12.2. 13.3 13.8 Table 6.—Borrower income distribution and monthly payment by income groups for 1-family homes, 1940 Percent distribution Annual family income of borrower New 1lomes Inside $1,499 1,500 2,000 2,500 3,000 4,000 5,000 or to to to to to or less $1,999 2,499 2,999 3,999 4,999 more 7.5 28.3 29.2 12.2 16.5 3-7 2.6 Average gross monthly payment Existing homes Outside 13.5 31.5 25.6 9.4 14.4 3.0 2.6 Inside 2 16.3 22.1 8.9 24.0 11.1 12.4 Outside 8.1 27.7 21.2 9.6 23.1 4.6 5.7 New homes Inside $ 22.22 26.68 30.20 32.84 38.47 ^7.99 57.23 Outside $ 19.92 24.74 29.41 32.38 37.82 U5.51 54.33 Existing homes Inside $ 22.10 26.30 31.30 31.39 39.58 45.29 66.50 Outside $ 17.95 23.60 28.24 31.56 34.87 35.67 49.00 All groups 100.0 100.0 100.0 100.0 31.64 29.26 37.92 29.51 Notej A glossary oi terms used I s Included i n the Appendix.»The 1930 data f o r 2 m e t r o p o l i t a n d i s t r i c t s were estimated on a "basis approximating the 1940 m e t r o p o l i t a n d i s t r i c t boundaries, and f o r 2 m e t r o p o l i t a n d i s t r i c t s the 1930 data were based on the m e t r o p o l i t a n d i s t r i c t boundaries as e s t a b l i s h e d i n the 1930 Census. bLess than 0.05 p e r c e n t . " HOMES IN METROPOLITAN DISTRICTS 25 WEST NORTH CENTRAL DIVISION, INSIDE - OUTSIDE METROPOLITAN DISTRICTS Table 1.—Census nonfarm data on population and number of dwelling units Number of nonfarm dwelling units Nonfarm population Area 1940 Inside metropolitan districts: I n central cities Outside central cities. 1930 3.306,955 680,102 3.215.107 530,801 91,848 149,301 2.9 28.1 958,641 182,087 6.4 Total inside districts.® 3.987.057 3.7*5.908 241,149 4,851,042 4,515.^6 335.596 8,838,099 8,261,354 576,745 Grand total. .. 1940 Percent 7.0 For sale or rent Increase 1930, estimated by F H A Number Outside metropolitan districts.. Vacant, 1940 Occupied Increase Number N o t for sale or Percent rent 836.330 129,809 122,311 52,278 14.6 40.3 1,140,728 966,139 174,589 1.306,342 1,213,607 92.735 2,447,070 2.179.7*6 267,324 Number Total Percent of total 2,272 4,064 *9.555 9.136 *.9 4.7 1,010,468 195.287 18.1 6.336 58,691 M 1.205,755 7.6 23.236 5*.706 4.0 1,384,284 12.3 29.572 113.397 4.4 2.590,039 Table 2.—Net volume of FHA activity, cumulative from beginning of operations in 1934 through December 1940 A l l places Item Number Amount $ 35.985.227 23,140,711 66.4 61.7 71.0 69.7 18,647 59.125.938 64.3 70.5 83.971 3l.995.26l 64.0 60.6 Amount 28.393 23,808 $ 123,989.971 76,246,890 18,854 14,700 $88,004,744 53.106,179 9.539 9,108 52,201 200,236,861 33.55* 141,110,923 233.517 81,152,290 149.5*6 U9.157.029 Rental housing units insured under Title I I : Total. Inside as a percent of all places Amount Number Total.. Grand total.. Number Amount Home mortgages accepted for insurance under Title I I : On new homes On existing homes Property improvement loans insured under Title I : Total Outside metropolitan districts Inside metropolitan districts Number 2.323 9,762,700 2,089 8,947,800 234 814,900 89.9 91.7 288,041 291,151,851 185.189 199.215.752 102,852 91.936,099 64.3 68.4 Table 3.—Mortgages on 1- to 4-family homes distributed by type of mortgagee and by ratio of loan to FHA valuation, 1940 Percent distribution Percent distribution Type of institution originating mortgages New homes Inside National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks • • • • • • • . . . . • • • A l l others Total Inside Outside 1... 6.2 100.0 100.0 New homes Inside Outside 20.6 14.2 28.3 22.8 8.2.... 25.9 26.5 14.1 7.... ..... .5.... 2.2 4.0 13.8 18.9 9.9». 25.9 25.2 Mortgage as a percent of property valuation Existing homes 1.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 Total 27.6 25.4 6.0 25.1 14.27 100.0 Existing homes Outside Inside Outside 74.2 62.4 11.2 13.6 . . . . 1 4.3.... ....68.1.... ....52.6 9.0.... *-3 14.4 2.9 15.3 4.4 11.6 2.1 17.4 6.... 4.6.... 4.... 8.0 .4 .2 1.3 6.7 100.0 100.0 100.0 100.0 Table 4.—Structural characteristics of 1-family homes, 1940 Percent distribution Percent distribution Material of exterior construction New homes Inside Wood Brick Stucco Other Outside 100.0 Inside 100.0 New homes Number of rooms Inside Outside 80.2 6.1 9.5 4.2 48.0 78.7 24.0 5.6 3.6.... ....23.4.... 12.1 4.6 51.7 33.0 2.8... 12.5 Total Existing homes 4 5 6 7 100.0 100.0 rooms or less rooms rooms rooms or more Existing homes Outside Inside Outside 11.4 30.3 38.7 7.9 42.5 42.9 35.8 5*-3 ....12.9.... ....14.7.... ....27.1.... ....27.2 4.1 22.1 25.6 2.5 Total 100.0 100.0 100.0 100.0 Table 5.—Property valuation and land valuation characteristics of 1-family homes, 1940 Percent distribution F H A valuation of property $2,999 3,000 4,000 5,000 6,000 8,000 10,000 or to to to to to or less .$3,999 4,999. 5,999 7,999 9,999. more All groups New homes h Land value as a percent of property value Existing homes Inside Outside 1.0 15.5 29.6 26.9 22.3 3.2 1.5 5.8 29.0 33.7 19.6 10.1 1.5 •3 12.1 26.1 22.6 16.7 15.2 4.2 3.1 100.0 100.0 100.0 Inside " l New homes Existing homes Outside Inside Outside Inside Outside 37.3 3*«3 16.6 6.5 4.6 3 .4 9.8 12.9 11.6. 12.0 13.* 14.5. 16.7 8.4 8.6 8.8 9.3 10.2 11.8 11.3 20.2 16.6 16.4 16.0 17.6 19.3 21.9 12.8 12.7 12.5 13.1 15.0 20.3 14.8 9.2 17.5 13.0 100.0 ..... 12.6 Table 6.—Borrower income distribution and monthly payment by income groups for 1-family homes, 1940 Percent distribution Annual family income of borrower $1,499 1,500 2,000 2,500 3,000 4,000 5,000 or to to to to to or less $1,999 2,499. 2,999 3,999 4,999. more New ) somes Inside Outside 7.7 29.3 29.4 13.3 13.7 3-8 2.8 15.7 32.6 24.0 IO.9 12.0 2.4 2.4 . Average gross monthly payment Existing homes Inside L 4.9 24.4 24.6 12.2 17.9 7.0 9.0 Outside 1. 13.5 29.3 23.6 10.9 15.0 3.9 3.8 New homes Inside $ 24.90 30.98 35.59 39.67 45.66 53.5f 66.06 Existing homes Outside Inside $ 23.32 28.29 33.01 35.73 39-86 48.28 55.67 $ 23.47 27.73 31.35 35.M 42.32 49.28 65.75 1 Outside $19.35 23.51 26.72 29.13 32.95 35-*8 U9-36 All groups 100.0 100.0 100.0 100.0 36.86 36.90 31.71 27.19 Note: A glossary o f terms used i s included i n the Appendix. a The I93O data f o r 4 m e t r o p o l i t a n d i s t r i c t s were estimated on a basis approximating the I9UO m e t r o p o l i t a n d i s t r i c t boundaries,and f o r 1 m e t r o p o l i t a n d i s t r i c t the 1930 data were based on the m e t r o p o l i t a n d i s t r i c t boundaries as established i n the I93O Census. 26 FEDERAL HOUSING ADMINISTRATION WEST SOUTH CENTRAL DIVISION, INSIDE-OUTSIDE METROPOLITAN DISTRICTS Table 1.—Census nonfarm data on population and number of dwelling units Nonfarm population Number of nonfarm dwelling units Occupied Increase Area 1940 Inside metropolitan districts: I n central cities... Outside central cities 1930 2,653,860 581.361 Number 2.332.393 381,076 Percent 321,467 200,285 13.8 52.6 Vacant, 1940 1940 732.921 151,282 For sale or rent Increase 1930, estimated by F H A N o t for sale or Percent rent Number 585.710 87.771 147.211 63,511 1,960 1.659 25.1 72.4 Total Percent of total Number 5.0 4.8 38.394 7.715 773.275 160,656 Total inside districts.® 3,235,221 2.713.U69 521.752 19.2 884,203 673,481 210,722 31.3 3.619 46,109 4.9 933.931 Outside metropolitan districts.. 4,778,348 4,155,422 622,926 15.0 1.199.331 1.050,270 149,061 14.2 9.322 61,376 4.8 1,270,029 8,013,569 6,868,891 1,144,678 16.7 2.083.534 1.723.751 359.783 20.9 12,941 107.485 4.9 2,203,960 Grand total ... Table 2 — N e t volume of FHA activity, cumulative from beginning of operations in 1934 through December 1940 A l l places Item Amount Number 48,167 10,487 $ 188,280,774 33.951.395 32,220 5.456 58,654 222,232,169 191.996 69,006,514 Home mortgages accepted for insurance under Title I I : On new homes On existing homes. Total Property improvement loans insured under Title I : Total Rental housing units insured under Title I I : Total Grand total Inside metropolitan districts Number Outside metropolitan districts Amount Inside as a percent of all places Number Amount Number Amount $ 133.088,695 21,097,814 15.9*7 5.031 $ 55.192.079 12,853,581 66.9 52.0 70.7 62.1 37.676 154,186,509 20,978 68.045,660 64.2 69.4 85.760 28,552.401 106,236 40,454,113 44.7 41.4 1.495 5.285.975 1,205 4,651.575 290 634,400 80.6 88.0 252,145 296,524,658 124,641 187.390,485 127,504 109,134,173 49.4 63.2 Table 3.—Mortgages on 1- to 4-family homes distributed by type of mortgagee and by ratio of loan to FHA valuation, 1940 Percent distribution Type of institution originating mortgages New homes Inside National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks . . . . . . . . . . . . . . A l l others Total Percent distribution Mortgage as a percent of property valuation Existing homes Outside Outside Inside Inside 16.6 12.6 22.3 13.8 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 100.0 100.0 100.0 Total 16.0 4.7 7.8 6.7 9.7.... ....11.4.... 37.2 3^.3 28.0 15.0 New homes 19.4 9.9 13.8 5.7 8.8.... ....12.5 28.7 23.7 24.6 16.8 76.6 11.9 6.9...J 1 2.6 1.5 3... .2 100.0 Existing homes Outside Inside Outside 71.3 13.0 9.9.... ....74.0.... ....56.0 2.9 13<7 13.1 2.0 14 JO 8.9 6.... 9^8 2.6.... 6.5 1.4 •3 100.0 100.0 100.0 Table 4.—Structural characteristics of 1-family homes, 1940 Percent distribution Percent distribution Material of exterior construction New homes Existing homes Inside Outside Inside Outside Wood Brick 69.1 82.0 7.2 49.1 38.0 S3 Other 9.0 9.0 Total 100.0 100.0 1:1"" Inside 4 5 6 7 4.4 100.0 New homes Number of rooms rooms or less rooms rooms. rooms or more Total 100.0 Existing homes Outside Inside Outside 10.8 25.2 5.9 51.9 66.1 41.1 ....19.9.... ....17.9.... ....32.3.... ....32.1 5.0 20.9 18.3 3.2 a:? 100.0 100.0 100.0 100.0 Table 5.—Property valuation and land valuation characteristics of 1-family homes, 1940 Land value as a percent of property value Percent distribution F H A valuation of property $2,999 3,000 4,000 5,000 6,000 8,000 10,000 or to to to to to or less $3,999 4,999. 5,999 7,999 9,999 more All groups New homes Existing homes New homes Existing homes Inside Outside Inside Outside Inside Outside Inside Outside 6.3 31.1 27.6 17.5 14.5 2.1 •9 15.9 40.3 25.0 9.9 7.2 1.0 .7 12.4 24.9 I8.5 17.2 13.4 6.4 7.2 34.2 30.1 15.1 10.2 6.6 2.0 1.8 11.8 12.6 ifc.3 15.7 16.4 16.7 17.5 9.8 10.4 H.3 12.2 13.4 13.0 12.6 17.8 17.7 20.7 18.5 19.8 19.6 20.7 16.1 15*6 15.5 17.6 16.2 15.* 19.8 100.0 100.0 100.0 100.0 14.7 11.3 19.4 1 16.3 Table 6.—Borrower income distribution and monthly payment by income groups for 1-family homes, 1940 Average gross monthly payment Percent distribution Annual family income of borrower Inside $1,499 1,500 2,000 2,500 3,000 4,000 5,000 or to to to to to or less $1,999 2,499 2,999 3,999 4,999 more A l l groups 7.9 30.9 26.8 11.7 15.3 4.5 2.9 100.0 h 1. ! New homes Existing homes New homes Inside Existing homes Outside Outside Inside Outside 15.8 30.9 25.7 9.1 13.2 3.1 2.2 5.2 18.2 20.9 10.2 21.1 10.7 13.7 10.3 23.1 25.3 8.1 20.2 5.9 7.1 $ 22.12 26.66 31.85 34.85 40.99 ^9.23 62.98 $20.23 24.^5 28.46 31.55 35.U5 42.96 57.U5 100.0 100.0 100.0 32.91 28.18 Inside . Outside $ 21.81 25.00 30.05 31.20 40.75 H7.67 74.46 $ 16.85 20.77 24.20 26.23 31.57 38.60 48.69 39.10 27.06 Note: A glossary o f t e r n s used i s included i n the Appendix. a The 1930 data f o r 4 Metropolitan d i s t r i c t s were estimated on a basis approximating the I9I4O m e t r o p o l i t a n d i s t r i c t boundaries, and f o r 4 m e t r o p o l i t a n d i s t r i c t s the I93O data were based on the m e t r o p o l i t a n d i s t r i c t boundaries as established i n the I93O Census. HOMES IN METROPOLITAN DISTRICTS 27 MOUNTAIN DIVISION, INSIDE-OUTSIDE METROPOLITAN DISTRICTS Table 1.—Census nonfarm data on population and number of dwelling units Number of nonfarm dwelling units Nonfarm population Occupied Increase Area 1940 Inside metropolitan districts: I n central cities . Outside central cities 1930 Number 1940 12.1 39.0 171.380 U8.133 138,640 31.532 63,580 51.294 526,342 131.511 589.922 182,805 Percent 1930, estimated by F H A Vacant, 1940 Increase Number 32,740 16,601 N o t for sale or Percent rent 23.6 52.6 For sale or rent Total Number Percent of total 456 508 7,374 1,650 4.1 3.3 179.210 50.291 229,501 Total inside districts? 772,727 657,853 114,874 17.5 219.513 170,172 49,341 29.0 964 9,024 3.9 Outside metropolitan districts.. 2,275,632 1,920,243 355.389 18.5 590,181 491.307 98,874 20.1 16,879 ,33* 7.5 656.39* 3.048,359 2,578,096 470,263 18.2 8O9.694 661,479 148,215 22.4 17,843 58,358 6.6 885,895 Grand total Table 2.—Net volume of FHA activity, cumulative from beginning of operations in 1934 through December 1940 All places Item Number Home mortgages accepted f<^r insurance under Title I I : On new homes On existing homes Number Inside as a percent of all places Amount Number Amount $ 71,827,952 35.351.601 7.275 4,475 $ 30,308,649 i4.65i.254 10,808 7,236 $41,519,303 20.700.347 40.2 38.2 42.2 41.4 29.79* 107,179.553 11.750 44,959.903 18,044 62,219,650 39-* 41.9 98,082 41,540,177 28,881 10,529,518 69,201 31,010,659 29.4 25.3 Rental housing units insured under Title I I : Total... Grand total Amount Number 18,083 11.711 Total Property improvement loans insured under Title I : Total. Outside metropolitan districts Inside metropolitan districts Amount 284 1.133.500 213 939.000 71 194,500 75.0 82.8 128.160 149,853.230 40,844 56,428,421 87.316 93,424,809 31.9 37.7 Table 3—Mortgages on 1- to 4-family homes distributed by type of mortgagee and by ratio of loan to FHA valuation, 1940 Percent distribution Percent distribution Type of institution originating mortgages New homes Inside Outside Inside 49.6 24.3 9-1 11.6 3.0 A l l others 5.8 8.1 •9 2.2 Total 100.0 100.0 100.0 100.0 86 81 76 71 61 51 50 Existing homes New homes Outside Inside 22.5 42.2 9.6 22.0 21.0 28.5 ....22.5.... ....13.7.... ....17.2.... 29.0 11.7 29.5 8.3 3.2 4.1 National banks State banks Savings and loan assnsMortgage companies Insurance companies Mortgage as u percent of property valuation Existing homes Outside 68.5 57.0 12.4 13.* . . . . 1 2 . 9 . . . . ...18.3 2.5 *.3 2.7 *.9 . . . . . .8 ...1.3 .8 .2 to 90 to 85 to 80 to 75 to 70 to 60 or less Total 100.0 Inside Outside . . . . 7 3 . 5 . . . . ...53.9 11.8 17.4 8.6 16.6 ....8.1 4.0 1.6 100.0 100.0 100.0 Table 4.—Structural characteristics of 1-family homes, 1940 Percent distribution Percent distribution Material of exterior construction New homes Inside Existing homes Outside 50.1 54.6 11.0 34.8 8.6.... ....27.2 7.2 6.5 Wood Brick Stucco Other 100.0 Total 100.0 Inside Outside Inside 58.2 l*-5 63.5 13.* ....19.3.... ....22.5 2.7 5.9 100.0 New homes Number of rooms 4 5 6 7 100.0 rooms or less rooms rooms rooms or more 46.8 46.2 42.5 40.5 8.6.... ....9.8 2.9 2.7 100.0 Total Existing homes Outside Inside Outside 16.5 27.1 47.6 39.9 ....22.7.... ...20.1 12.9 13.2 100.0 100.0 100.0 Table 5.—Property valuation and land valuation characteristics of 1-family homes, 1940 Land value as a percent of property value Percent distribution F H A valuation of property $2,999 3,000 4,000 5,000 6,000 or less to $3,999 to 4,999 to 5,999 to 7,999 New homes Existing homes New homes Inside Outside Inside Outside 4.8 30.7 3*« 7 15.1 11.7 6.6 29.3 32.5 18.0 11.4 10.9 29.9 28.1 12.7 11.5 22.0 30.5 23.9 12.1 9.2 Inside Existing homes Outside Inside Outside 8.9 8.5 8.6 8.9 9.* 8.4 8.4 8.7 8.8 8.7 12.2 11.5 U.5 11.2 13.5 11.6 11.3 11.3 10.2 11.4 10,000 or more •9 .6 2.3 1.0 11.1 9.3 13.0 12.1 A l l groups 100.0 100.0 100.0 100.0 9.0 8.6 12.0 11.2 Table 6—Borrower income distribution and monthly payment by income groups for 1-family homes, 1940 Average gross monthly payment Percent distribution Annual family income of borrower Inside $1,499 1,500 2,000 2,500 3,000 4,000 5,000 or to to to to to or less $1,999 2,499 2,999 -3,999 4,999 more Outside Inside 8.7 32.1 28.4 10.8 13.2 .......3.* 3.* 10.8 30.9 26.4 11.4 13.0 4.6 2.9 5.2 25.1 .....29.5 9.9 16.3 5.2 8.8 100.0 100.0 100.0 A l l groups Outside Existing homes New homes Existing homes New homes Inside Outside Inside Outside 7.7 25.5 26.8 13.3 16.2 6.2 *.3 $ 25.31 30.06 35.29 39.23 44.44 53.3? 65.84 $ 23.01 28.88 33.70 37-78 41.44 48.89 58.20 $ 22.43 29.19 32.33 36.26 42.97 5 * . 03 67.79 $ 21.82 24.96 29.36 32.80 37.00 - .....45.30 55.88 100.0 36.03 33-92 37.U1 31.*7 Note: A. glossary o f terms used i s included i n the Appendix. ftThe I93O data f o r 3 m e t r o p o l i t a n d i s t r i c t s were estimated on a basis approximating the 19M0 m e t r o p o l i t a n d i s t r i c t boundaries,and f o r 1 m e t r o p o l i t a n d i s t r i c t the 193O data were based on the m e t r o p o l i t a n d i s t r i c t boundaries as established i n the I93O Census. 463560 O - 42 - 3 28 FEDERAL HOUSING ADMINISTRATION PACIFIC DIVISION, INSIDE-OUTSIDE METROPOLITAN DISTRICTS Table 1.—Census nonfarm data on population and number of dwelling units Number of nonfarm dwelling units Nonfarm population Occupied Increase Area 1940 Inside metropolitan districts: I n central cities..... Outside central cities 1930 Number Percent 1940 Vacant, 1940 Increase 1930, estimated by F H A Number 3,839.236 2.371.893 3,448,W17 1,810,91*7 390,819 560,946 11.3 31.0 1,252,346 727,169 994.766 515.924 257.580 211,245 Total inside districts.® 6,211,129 5,259,364 951.765 18.1 1.979.515 1.510,690 Outside metropolitan districts.. 2,293,680 1,834,031 459.649 25.1 614,231 510,860 8,504,809 7.093,395 1,411,414 19.9 2,593.746 2,021,550 Grand total For sale or rent N o t for sale or Percent rent Number Total Percent of total 25.9 40.9 6,178 11,540 80,050 41.975 6.0 5.4 1.338.574 780,684 468,825 31.0 17.718 122,025 5.8 2,119,258 103.371 20.2 36.315 62,134 8.7 712,680 572,196 28.3 54.033 184,159 6.5 2,831,938 Table 2.—Net volume of FHA activity, cumulative from beginning of operations in 1934 through December 1940 A l l places Item Number Home mortgages accepted for insurance under Title I I : On new homes On existing homes Total. Property improvement loans insured under Title I : Total... Number Amount Number Inside as a percent of all places Amount Number Amount 100,758 53.477 $ 435.997.486 198,823,525 86,993 47.035 $ 384,119,181 180,211,207 13.765 6,442 $ 51,878,305 18,612,318 86.3 88.0 88.1 90.6 154,235 634,821,011 134,028 564,330,388 20,207 70,490,623 86.9 88.9 493.336 212,875.992 337.913 136.957.379 155.423 75.918,613 68.5 64.3 Rental housing units insured under Title I I : Total Grand total Outside metropolitan districts Inside metropolitan districts Amount 1.775 5,321,100 1.765 5,304,100 10 17,000 99-4 99.7 649.346 853,018,103 473.706 706,591,867 175.640 146,426,236 73.0 82.8 Table 3.—Mortgages on 1- to 4-family homes distributed by type of mortgagee and by ratio of loan to FHA valuation, 1940 Percent distribution Type of institution originating mortgages New homes Inside National banks State banks Savings and loan a s s n s . . . . . . . . Mortgage companies Insurance companies A l l others 100.0 Total Inside Outside 54.2 20.0 3.6.... 7.6 3.8 2.1.... 8.7 Percent distribution Mortgage as a percent of property valuation Existing homes 58.7 16.1 3.6.... 10.7 4.1 1.0.... 5.8 Inside Outside 50.4 20.4 4.1.... 5.7 7.5 5.4.... 1:5 58.6 14.8 6.7 10.1 5.9 1.5 2.4 100.0 100.0 New homes' 86 81 76 71 61 51 50 100.0 to 90 to 85 to 80 to 75 to 70 to 60 or less Existing homes Outside 57.2 65.9 14.3 11.8 ....12.1.... ...16.2 4.8 3.2 5.8 5-3 .7.... 1.0 Total 100.0 Inside Outside ....72.2.... ....62.4 12.6 16.3 9.8 13.4 3-7.... 5.9 2.0 1.7 100.0 100.0 100.0 Table 4.—Structural characteristics of 1-family homes, 1940 Percent distribution Material of exterior construction New homes Inside Outside 25.0 59.8 1.7 1.3 ....72.8.... ....37.1.... 1.8 •5 Wood Brick Stucco Other 100.0 Total Percent distribution Existing homes 100.0 Inside Inside Outside 38.1 3.4 57-5 1.0 66.2 l.l ....30.5 2.2 100.0 100.0 New homes Number of rooms 4 5 6 7 rooms or less rooms rooms........ rooms or more Total 21.0 33-2 46.6 51.9 ....23.4.... ...16.6 3.6 3.7 100.0 Existing homes Outside Inside Outside 12.5 27.9 38.8 36.3 ....28.7...- ....20.7 21.9 12.6 100.0 100.0 100.0 Table 5.—Property valuation and land valuation characteristics of 1-family homes, 1940 Land value as a percent of property value Percent distribution F H A valuation of property Inside $2,999 3,000 4,000 5,000 6,000 8,000 10,000 or to to to to to or less $3,999 4,999 5,999 7,999 9,999 more All groups Existing homes New homes Outside Inside Outside 1.4 24.0 30.5 23.5 16.9 2.4 1.3 4.4 33.6 35.9 15.3 8.4 1.6 .8 10.3 23.4 22.7 16.9 16.5 5.4 4.8 24.5 35-6 20.6 10.0 6.3 1.2 1.8 100.0 100.0 100.0 100.0 New homes Existing homes Outside Inside Outside 11.8 11.8 12.8. 14.4 16.1 17.8. 20.4 9-5 9.4 9.8 10.7 11.8 13.6 17.3 17.0 17.1 18.8 21.7 21.8 22.9 26.0 13.7 13.6 14.2 15.3 17.2 17.9 19.4 14.2 10.4 20.9 14.8 Inside Table 6.—Borrower income distribution and monthly payment by income groups for 1-family homes, 1940 Average gross monthly payment Percent distribution Annual family income of borrower Inside $1,499 or 1,500 to 2,000 to 2,500 to 3,000 to 4,000 to 5,000 or less $1,999 2,499 2,999 3,999 4,999 more A l l groups Existing homes New homes 4.8 27.7 31.3 12.9 15.9 3.9 3.5 100.0 Outside 8.1 33.5 30.0 10.4 12.3 3.0...... 2.7 100.0 Inside Outside 4.2 21.2 26.4 12.1 18.9 6.9 10.3 9.0 28.6 28.0 9.1 16.9 38 4.6 100.0 100.0 New homes Inside J $ 24.81 29.26 33.66 37.14 41.80 49.19 64.94 35.45 Existing homes Outside $23.31 27.50 31.79 34.94 39.52 46.98...... 58.92 32.13 Inside Outside $ 22.52 26.42 30.80 35.02 41.36 50.08 70.71 $ 21.24 23.09 26.E3 30.82 3W4 44.97 59.18 37.47 29.15 Notej A glossary oi terms used Is Included in the A p p e n d i x . » T h e 1930 data f o r 2 m e t r o p o l i t a n d i s t r i c t s were estimated on a "basis approximating the 1940 m e t r o p o l i t a n d i s t r i c t boundaries, and f o r 2 m e t r o p o l i t a n d i s t r i c t s the 1930 data were based on the m e t r o p o l i t a n d i s t r i c t boundaries as e s t a b l i s h e d i n the 1930 Census.bLessthan0.05percent. CHAPTER I I I STATISTICS ON INDIVIDUAL METROPOLITAN DISTRICTS I n this chapter of the monograph are presented F H A and Bureau of the Census data for each of the 140 metropolitan districts of the United States as delineated by the 1940 Census. The metropolitan districts have been grouped according to the nine geographical divisions of the continental United States as determined by the Census Bureau. I n those cases in which a metropolitan district is located in two or more geographical divisions, it has been placed for the purposes of this study in that geographical division in which the largest central city is located. The nine divisions, the States comprising them, and the number of metropolitan districts predominantly located in each, are as follows: New England Division. Connecticut, Maine, Massachusetts, New Hampshire, Khode Island, and Vermont. These six States include twelve metropolitan districts. Middle Atlantic Division. New Jersey, New York, and Pennsylvania. These three States include twenty metropolitan districts. South Atlantic Division. Delaware, the District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and West Virginia. These nine States include twenty-four metropolitan districts. East North Central Division. Illinois, Indiana, Michigan, Ohio, and Wisconsin. These five States include twenty-nine metropolitan districts. East South Central Division. Alabama, Kentucky, Mississippi, and Tennessee, These four States include nine metropolitan districts. West North Central Division. Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota. These seven States include fifteen metropolitan districts. West South Central Division. Arkansas, Louisiana, Oklahoma, and Texas. These four States include sixteen metropolitan districts. Mountain Division. Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming. These eight States include four metropolitan districts. Pacific Division. California, Oregon, and Washington. These three States include eleven metropolitan districts. I n the following sections, the preceding geographical divisions are listed in order. I n each divisional section, there appears a map showing the States forming the division and the metropolitan districts located in them. I n addition, there is presented an analysis portraying the relative importance of the metropolitan district population of the division to the total population of the division, as well as the relation of the population of the division to the total United States population. By way of introduction to the metropolitan districts themselves, there is presented in the introductory passages of every section a brief description of the economic background of each metropolitan district. This is followed by an analysis, together with a summary table, of the share which F H A small homes were of the total number of occupied dwelling units in each metropolitan district as reported by the 1940 Census, and the share which new F H A homes were of the dwelling unit addition in each metropolitan district during the decade 1930-40. The data for the individual metropolitan districts of each geographical division follow, a single district to a page. 29 30 FEDERAL H O U S I N G ADMINISTRATION D E S C R I P T I O N OF TABLES What is the nature of the data gathered by the F H A and the Bureau of the Census for each metropolitan district? To what uses may these data be put? I n order to familiarize the reader with the statistical information set forth herein, there follows a description of the contents of each of the tables appearing on every metropolitan district page as well as a review of some of the uses which the data may serve. For an explanation of the terms used in the tables, the reader is referred to the Glossary. The title and the contents of each of the tables are as follows: Table 1.—Census data on population and number of dwelling units. This table shows (1) the population of the metropolitan district, the population of the component areas inside and outside the central city, in 1930 and 1940, and the increase between those dates; (2) the number of occupied dwelling units in each area for 1930 and 1940, and the increase between them, as well as the number of vacant dwelling units in 1940 for sale or rent, and not for sale or rent. Table 2.—Net volume of mortgages accepted for F H A insurance under Section 203 of Title I I . Shown here are, for each year since the beginning of operations, the number and amount of new and existing small-home mortgages accepted for insurance by the F H A . Table 3.—Volume of Title I notes insured. This table shows for each year since the beginning of operations the number and amount of property improvement, home modernization notes which were insured by the F H A . Title I Was not in operation from A p r i l 1, 1937, to February 3, 1938. Table 4.—Rental projects. I n this table there are shown on a cumulative basis from the beginning of operations through the close of 1940, the number and amount of mortgages which were insured by the F H A on large-scale rental housing projects, as well as the total number of projects involved and the total number of dwelling units provided. Table 5.—Type of originating mortgagee, 1940. This table distributes on a percentage basis the total amount of the new and existing 1- to 4-family home mortgages accepted for insurance by the F H A during 1940 by the type of home financing institution w h x h originated them. Table 6.—Mortgage as a percent of value, 1940. I n this table are distributed on a percentage basis the number of new and existing, 1- to 4-family home mortgages accepted for insurance by the F H A during 1940, according to amount of the mortgage as a percent of the total property valuation. Table 7.—Capacity of garage, 1940. I n this table is shown the garage capacity of 1- to 4family homes securing mortgages accepted for insurance by the F H A during 1940. Table 8.—Material of construction, 1940. Here are distributed on a percentage basis, the new and existing, single-family homes securing mortgages accepted for insurance by the F H A during 1940 according to the type of exterior material of which the homes were constructed. Table 9.—Size of home, 1940. This table distributes on a percentage basis, the new and existing, single-family homes securing mortgages accepted for F H A insurance during 1940 according to the number of rooms the homes contained. Table 10. — Averages by property value groups for 1-family homes, 1940. This table distributes on a percentage basis the property valuation of new and existing single-family homes securing mortgages accepted for insurance by the F H A during 1940, and shows for each valuation group, the average value of the property, the average value of the land, and the land valuation expressed as a percent of the property valuation. Table 11.—Averages by borrower income groups for 1-family homes, 1940. This table distributes on a percentage basis the income of buyers of new and existing single-family homes securing mortgages accepted for insurance by the F H A during 1940, and shows for each borrower income group, the average gross monthly payment, the ratio of the property value to the borrower's annual income, and the gross payment as a percent of income. HOMES I N METROPOLITAN 31 DISTRICTS HOW TO USE T H E DATA How may the preceding information be used? I t is not possible, obviously, to anticipate all of the possible uses to which the readers of this monograph may put the data. A l l that is attempted here is to consider the information which may well be of general interest, and then to consider the data from the point of view of three general groups of persons—the official of a home financing institution, a home builder, and a prospective home purchaser. The analytical possibilities suggested in this review may well bring many others to the reader's mind. General use. Of general interest is the growth in population and number of dwelling units in a particular metropolitan district as set forth in Table 1. Between 1930 and 1940, did the metropolitan district increase in population, or decline, or merely hold its own? How did its population movement compare with the other metropolitan districts of the same geographical division, particularly with those nearest to it? And how does the trend compare with the population increase of all the 140 metropolitan districts of the nation as set forth in Chapter I V of this monograph? The same questions apply to the data for occupied dwelling units which appear in Table 1. I t is, perhaps, of even greater pertinence to determine w^here the population and dwelling unit increase of the metropolitan districts occurred between 1930 and 1940. I f it occurred primarily in the area outside the central city of the metropolitan district, then the construction of small homes inside the central city would need to be carefully considered lest the market for them be limited. Conversely, a smaller increase in the area outside the central city than inside would suggest the careful selection of a suburban site for a small home, if a suburb of slow development would be avoided. Also, of general interest in this regard is the number of dwelling units provided between 193040 in large-scale, rental housing projects secured by F H A insured mortgages, as indicated in Table 4. By comparing this figure with the total number of dwelling units provided in F H A small homes as set forth in the summary table of the introduction to each geographical division section, it is possible to gauge the relative importance of these large scale projects in each metropolitan district. Lender's point of view. Which of the data presented in this monograph would be of particular service to the official of a home financing institution? By reference to Table 5 he may ascertain what percent of all the new and existing 1- to 4-family homes represented by F H A mortgage acceptances during 1940 in his metropolitan district were originated by his type of lending institution. He may compare this ratio with that for his particular type of lending institution in the other metropolitan districts of his geographical division, and also with that for all the metropolitan districts of the nation as presented in Chapter I V of the monograph. The lending institution official may go further. By reference to Table 2, he may find the number and amount of the new and existing 1- to 4family home mortgages accepted for insurance by the F H A in his district during each year since 1935, and, knowing the volume accounted for by his own particular institution, he may readily compute the share of the total which his institution originated during any particular period. A similar computation may be made for Title I property improvement notes insured from the data in Table 3. Further items of interest to the lending official are presented in Table 11. I n that table he may learn what average gross monthly mortgage payment is incurred by persons in various income groups purchasing new and existing homes and compare that with the terms provided in his own mortgage payment contracts. He may learn what percent of the borrower's income is represented by this payment, and what ratio of property value to income obtained for each income group. Builder's point of view. Of what use is this information to the builder? The census data inform him of the extent to which home building has adjusted itself to population changes in the metropolitan district in which he is active. Of especial significance to him is the percent of vacant homes for sale or rent in 1910 which is one measure of the need for additional housing units. Knowing his own volume of business, the presentation on an annual basis of the total volume of F H A insured mortgages and property improve- 32 ment notes in his metropolitan district permits him to calculate quickly the percentage of business accounted for by his activity. W i t h regard to homes of a particular value in which he may be interested, comparison of the expenditures for land, and for building and land improvements in the homes he has built with the averages for that value group enables him to see how his activity conforms to the average. Moreover, by utilizing the ratio of property value to income the builder can determine what income groups buy homes of the value that he erects. The amount of the monthly payments that buyers make indicates the amount of income required to finance the home. Of particular interest to him in gauging home buyers' tastes are the tables on construction characteristics giving the room size of the homes built, the exterior materials of which they are constructed, and the proportion of homes having garages of from 1- to 3-car capacity. To assist home purchasers in learning the types of institutions financing building, there is a table showing a distribution of types of originating mortgagees most active in the F H A insured mortgage field. Following it is a table showing how great a percentage of the property value they lend. Buyer's point of view. The purchaser is interested in much the same type of information, but from a somewhat different point of view. He wants to know what type and valuation of house FEDERAL H O U S I N G ADMINISTRATION it is reasonable for him to buy wTith his income. The ratio of property value to income gives the average value relationship for his district. I n addition, the average gross monthly payment for persons in his income group, the item most nearly comparable to rent, shows the cost of financing the home exclusive of maintenance costs. By multiplying his income by the ratio of property value to income for his income group, he approximates the property value of homes which persons of similar income purchase under the F H A Plan. I n checking this value against its value group in Table 10 he jean approximate the amount that is usually invested in land. The home purchaser, as w^ell as the builder, may ascertain what types of financial institutions are active in originating F H A mortgage business and how great a percentage of property value they lend to borrowers. I n addition, he may see how his ideas conform to general F H A property characteristics with respect to the number of rooms, the material of construction, and garage capacity. But the anaylsis is not limited to the single metropolitan district. I t is possible to draw comparisons between it and others of the same size or of different size. This logically leads to comparisons between it and the geographic division as a whole which in turn leads to divisional comparisons of the data previously mentioned. NEW ENGLAND G The six New England States, Maine, New Hampshire, Vermont, Massachusetts, Connecticut, and Rhode Island comprise the New England Geographic Division, and together contain 8,437,290 persons or 6.4 percent of the total United States population. The nonfarm population of this division numbers 7,908,918, of whom 5,882,826 live within metropolitan districts. New England Division P o p u l a t i o i j i n 1940 Percent of U n i t e d States . . - Total Nonfarm M e t r o p o l i t a n districts P o p u l a t i o n d e n s i t y per square m i l e . --- 8,437, 290 7,908,918 5, 882,826 136.1 United States Percent 6.4 Percent 100.0 100.0 93.7 69.7 100.0 77.1 47.8 44.3 There are twelve metropolitan districts located principally or entirely within this Division. The population of that portion of the metropolitan districts located inside the boundaries of the Division embraces 69.7 percent of the total population of the Division. This is a share substantially above the average of 47.8 percent for all the metropolitan districts in the United States, and a share exceeded only by the Middle Atlantic Geographic Division with 76.4 percent. The Division and the metropolitan districts it contains are shown on the map on the following page. The population of this Division is almost entirely nonfarm. Metropolitan districts and the smaller cities and towns together contain 93.7 percent of the total, in contrast to but 77.1 percent for these places in the nation as a whole. The metropolitan districts themselves contain 74.4 percent of this nonfarm population, whereas in the entire nation only 62.0 percent is in metropolitan districts. Only in the Middle Atlantic Division do the metropolitan districts constitute a larger share of the nonfarm population, 81.5 percent. W i t h but 2.1 percent of the land area of the United States and approximately three times that GRAPHIC D I V I S I O N proportion of its population, the New England population density of 136.1 persons per square mile is more than three times the national square mile population density of 44.3 persons. Economic characteristics. The New England Geographic Division formed a considerable part of the nation's early commercial and industrial area. A t present, manufacturing produces approximately one-third of the income generated—a larger share than in any other geographic division—and a volume about six times that of agriculture. Trade is the second largest source of income, and transportation is third. The metropolitan districts produce a wide range of manufactures. The Boston Metropolitan District acts as a trading and shipping center for all New England. I t embraces considerable manufacturing, and, in normal times, carries on a substantial foreign commerce. The principal products are wool and hair manufactures, leather manufactures, newspapers, periodicals, and books. I t is the nucleus for a large number of educational and scientific institutions. The principal economic activities of the other metropolitan districts in the New England Geographic Division are as follows: The Bridgeport Metropolitan District is a highly industrialized area. Its activities include the smelting of copper and brass, the manufacture of electrical products, machinery and machine tools, ammunition, steel products, copper, aluminum, brass goods, and drugs. I n the Hartford-New Britain Metropolitan District is the capital of Connecticut, where many persons are employed in State and Federal Government service. The district contains the head offices of several large insurance companies, and is a manufacturing area of considerable importance as well. The principal manufactured products, which require a skilled or semiskilled labor force, include airplanes, electrical equipment, typewriters, and telephone equipment. New Haven contains the headquarters of a major railway system and is the site of a large university. The principal manufactures are guns, 33 41 F E D E R A L H O U S I N G 1940 METROPOLITAN ADMINISTRATION DISTRICTS IN THE NEW ENGLAND DIVISION WATERBURY I BRIDGEPORT NEW HAVEN P i NEW YORK - AREA OF M E T R O P O L I T A N DISTRICTS W I T H AN AGGREGATE POPULATION OF 5 0 , 0 0 0 OR MORE IN T H E C E N T R A L CITIES HOMES I N METROPOLITAN 35 DISTRICTS ammunition, clocks and watches, machine tools, and assorted hardware products. The Springfield-Holyoke Metropolitan District contains a large United States Government arsenal and serves a large airplane base. Manufactured products include cotton textiles, woolens, electrical machinery, and paper. The Waterbury Metropolitan District has great brass and copper smelters and plants manufacturing industrial and consumer goods using smelted products as a base. Also it is the home of famous clocks and watches. I n the Lowell-Lawrence-Haverhill Metropolitan District are manufactured shoes and other leather goods and cotton textiles. I n Providence are manufactured cotton textile and woolen products. I t is a major jewelry manufacturing center. Worcester's principal products are boots and shoes, textile machinery, worsted and woven goods, machine tools, and metal ware. The Manchester Metropolitan District is one where paper and textiles are manufactured. From Portland there come shoes, cotton textiles, and ships. Fall River produces cotton goods, textile machinery, and pianos. While the preceding discussion by no means completely accounts for the industrial activity of the metropolitan districts mentioned, it should serve to indicate the general type of industry prevalent. F H A activity. As enumerated by the 1940 Census there were 1,488,667 occupied dwelling units of all types in the twelve metropolitan districts located principally or entirely within the New England Geographic Division. Of these, small home mortgages accepted for insurance by the F H A accounted for 12,094, or 0.8 percent. This was the smallest share for the F H A of any geographic division and only one-fourth as much relatively as in the 140 metropolitan districts of the nation in which the F H A accounted for 3.2 percent. The degree of F H A activity varies considerably among the metropolitan districts in this Division. For example, F H A small home mortgage acceptances represented only 0.2 percent of the occupied dwelling units of all types enumerated in the Fall River-New Bedford Metropolitan District, 0.3 percent in both the LowellLawrence-Haverhill and Worcester Metropolitan Districts, and 0.6 percent in the Boston and Waterbury Metropolitan Districts. I n the Providence Metropolitan District, on the other hand, FHA's share was 1.3 percent, in the Hartford-New Britain Metropolitan District 1.6 percent, and in the Bridgeport Metropolitan District 2.1 percent. No metropolitan district in the New England Division, however, had as large a proportion of its occupied dwelling units in 1940 Population, Occupied Dwelling Units, and F H A Activity in New England Metropolitan Districts Occupied d w e l l i n g u n i t s enumerated i n the 1940 Census Metropolitan district E s t i m a t e d increase 1930-40 Population i n 1940 Number in 1940 Number Portland, Maine. Manchester, N . H . Boston, Mass.® F a l l R i v e r , Mass. L o w e l l , Mass. Springfield, M a s s A . . Worcester. Mass. Providence, R . I . Bridgeport, Conn.._. H a r t f o r d , Conn. N e w Haven, Conn. Waterbury, Conn... Division total1 140 d i s t r i c t total.. 106,566 81,932 .2,350, 514. 272,648 334,969 ...394,623 306,194 711,500 ...216,621. 502,193 308, 228 144, 822. 28,170 22,055 ..606,382. 72,184 86,583 ..102,933. 77, 313 186,440 ...57,487. 129,938 81, 795 ...37,387. 3,445 2,431 55,061. 6,380 6, 421 .7,333. 5,689 21,378 .7, 928. 17,283 10, 305 .4, 758. Percentage increase, 1940 over 1930 13.9 12.4 .10.0. 9.7 8.0 . . 7 . 7. 7.9 13.0 .16.0. 15.3 14.4 .14.6. 1- to 4-family home mortgages accepted for F H A insurance, 1935-40 O n new homes O n all homes Number 230 134 ..3,533. 166 234 ....795. 213 2, 512 ..1, 225. 2,035 228. 5, 730,810 1, 488,667 148, 412 11.1 12,094 62,965, 773 17,220,831 2, 744,341 19.0 546,842 A s a % of a l l occupied dwellings i n 1940 0.8 .6 .2 .3 ...8. .3 1.3 Number 152 62 -.1,610. 69 82 460. 158 1,503 .2.1. ...6. 1.6 1.0 1, 581 526 ...199. 3.2 358, 587 » Occupied d w e l l i n g u n i t data for 1930 were estimated on a basis a p p r o x i m a t i n g the boundaries of the m e t r o p o l i t a n district as established i n the 1940 Census. b Occupied d w e l l i n g u n i t data for 1930 were estimated on the basis of the boundaries of the m e t r o p o l i t a n d i s t r i c t as established i n the 1930 Census, o E a c h c o l u m n t o t a l is based u p o n the s u m m a t i o n of the figures of the m e t r o p o l i t a n districts i n their e n t i r e t y , i n c l u d i n g m i n o r d i s t r i c t parts w h i c h s p i l l over i n t o adjacent geographic divisions. 36 accounted for by F H A small home mortgage acceptances as the average of 3.2 percent in all the 140 metropolitan districts of the nation. Moreover, the FHA's share of the new dwelling unit additions inside the twelve metropolitan districts during the decade 1930-40 also was a smaller share than for any other geographic division. Of the 148,412 occupied dwelling units of all types added inside the twelve metropolitan districts, mortgage acceptances by the F H A amounted to only 7,291 ne\y homes or 4.9 percent. I n the 140 metropolitan districts of the nation, FHA's share, 13.1 percent, was nearly three times as great. The metropolitan districts having the highest rate of F H A activity in the New England Division include the Bridgeport Metropolitan District, in which F H A acceptances of new home mortgages during the years 1935-40 represented 11.2 percent of the occupied dwelling unit addi- FEDERAL H O U S I N G ADMINISTRATION tion between the years 1930-40, the HartfordNew Britain Metropolitan District where FHA's share was 9.1 percent, and the Providence Metropolitan District where FHA's share was 7.0 percent. Those metropolitan districts having little F H A activity include the Manchester Metropolitan District where F H A acceptances of new, small home mortgages represented only 2.6 percent of the dwelling unit addition, the LowellLawrence-Haverhill with 1.3 percent, and Fall River-New Bedford with 1.1 per cent. Individual metropolitan districts. There are presented on the following pages, F H A and the Bureau of the Census data for each of the twelve metropolitan districts located mainly within the New England Geographic Division. A consideration of some uses to which these data may be put appears at the beginning of this section, while an explanation of the data appears in the Appendix Glossary. 37 HOMES IN METROPOLITAN DISTRICTS PORTLAND, MAINE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 Increase 1930, estimated by F H A Number For sale or rent N o t for sale or rent Percent Number Percent of total 73,643 32,923 70, 810 29,064 2,833 3,859 4.0 13.3 19.643 8,527 17,478 7.247 2,165 1,280 12.4 17.7 877 286 1,812 519 8.1 5.6 22,332 9,332 106.566 99.874 6.692 6.7 28,170 24,725 3,^5 13.9 1,163 2,331 7.4 31,664 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes New homes Year Number 1935^0 10 21 16.... 5 12 . . . . J.4.... 78 597.750 152 Table 7—Capacity of garage, 1940 New homes 100.0 Wood Brick Stucco Other Table 10.—Averages by property value groups for 1-family homes, 1940 1U.5 A l l groups: 1940 1939 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more .18.6. 10.2 15.3 16~3 29.1 Amount of mortgage as a percent of F H A valuation of property 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Percent distribution 1- to 4family homes New homes Average FHA value of land $294 334 ...430.. Land as a percent of property value $2,750 3,417 ..4,435... 5,390 6,417 ..8,300*.. .1,800" 4,328 b b 446 b b 10.3 b b $360 417 ....564. 550 1,011 16.7 12.8 .13.3 10.3 15.1 $2,157 3.269 ..4,255... 5.333 6,700 10.7 9.S ..9.7 9.7 11.0 .21.7a 3,790 b b Existing homes All homes 36.1 63.3 16.7 9.5 ....13.3... 1...51.5... ....29.7 26.5 12.7 2.2 11.8 7.6 M 2.5 1.9 If- Total 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 91.5 1.7 6.7 6.8 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more 51.1 23.3 22.2... 3.4 Total 100.0 Existing homes 5.1 10.2 32.2 52.5 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income 18.6 2.50 $23.31 29.1 2.18 28.36 ....27.9.. ....35.46... ,....2.07... 1.89 16.3 36.79 7.0 1.75 43.17 1.1 100.0 18.2 27.2 ,...25.5.. 9.1 12.7 ....5.5.. 1.8 37.00a 1.10* 31.91 b b 2.05 b h $ 15.80 24.53 ...26.21... 44.go a 39.43 33.00^. 48.00* 1.93 1.87 ....1.79... 2.10* 1.5* 90 a.. • 75* A l l groups: 1940 100.0 28.00 13.9 527 1939 b b b 1938 b b b A glossary o f terms used i s included i n the Appendix. * Computation based on fewer than 6 cases. ^ Data not a v a i l a b l e . A l l groups: 1940 1939 Bote: 35-6 20.3 Average FHA value of property 713,144 •A 100.0 91.1 2.2 Total 13.3 27.7 26.9 New homes 56.3 ..1.1. All homes 7.0 8.1 $153,161 102,764 ....37,337 111,476 138,213 ...170,193 Table 6—Mortgage as a percent of value, 1940 Exterior material 29.8 13.3 32.2 .25.6. J»44.< Percent distribution 1-family homes Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more 282 ..70., 333 194ft. Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Percent distribution Existing homes 100.0 459 1934-35 1936 1937..... 1938 $51,550 106,320 78,300 153,450 202,200 279 100 870,920 230 16.6 16~I 7.0... ....68.3... Total F H A valuation of property Amount 14 32 20.... 33 55 76.... Percent distribution of amount of 1- to 4-family home mortgages 39.4 37.5 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others N o garage 1-car garage 2-car g 3-car q $33,850 72,520 54,100.... 23,150 37,700 51 K50 . . . j 273,170 Type of institution originating mortgages None Garage and car capacity A l l homes Number Amount Table 5—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Number $17,700 33.800 24,200.... 130,300 164,500 Table 4.—Rental projects Total 1935-40 Existing homes Amount 4 11 4.... 28 43 . . . . .62 . . . . 1935 1936 1937. 1938 1939 1940 Total 1.66 b b Gross payment as a percent of income 21.9 19.4 18.8 16.9 15.7 8.5* I8.3 •b 1U.5 17.2 14.4 20.3a 14.4 9 pa 7.9* 1U.7 b b FEDERAL 38 MANCHESTER METROPOLITAN HOUSING ADMINISTRATION DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district 77.685 4.247 76,834 3,839 851 408 81,932 80,673 1.259 Percent 1940 1.1 10.6 21,043 1,012 1.6 22,055 | [ For sale or rent Increase 1930, estimated by F H A Number 18,7*18 876 2,295 136 12.2 15.5 19,624 2,431 12.4 N o t for sale or Percent rent Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Percent of total 149 1,031 121 4.6 9-U 22,206 1,282 281 lrl52 M 23,488 Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number 1935 1936 193 7 1938 1939 194 0 Amount 1 15 13 ....28.... 1 1935-40 280,200 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number ... Amount ... Projects: Number Dwelling units Amount 72 13U 535.105 New homes 8-7 10.5 49.0 - - - - A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more Percent distribution all 1- to 4-family homes Wood Brick Other 7.U 40.8 ..3.7.. 3-7 33-3 33.3 ..6-7.. 2C1 Average FHA value of land Land as a percent of property value $2,800 * $300* 338 * ...379... 450 * 500 .1,000*.. 1,800* 10.7$ 10.6* .11.1* 15-3 * 500 9-2 . 400* . $340* 44015 14.2 5 825° 12.3® 3,200 * ..4,293-• 5,000° 6.430^ ...9,000*. 11,800b $2,520 J 3,100® ..4,000 \ 6,688 100.0 1 3.923 ° ..8.8 9.0* 507 Vote; A glossary of t e n s used I s included i n the Appendix. c Data not a v a i l a b l e . - 12.9 * a 77.573 90,839 632,278 Percent distribution 1- to 4family homes New homes ...52.6.... 21.1 5.3 . . . I 5.7.... 3.5.. 5-3 U 100.0 Total All homes 29.2 44.8 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 Existing homes 100.0* 10.4 6.3 8.3 2.1 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Number of rooms New homes Existing homes 85.7 1U-3 85.2 14.8 - Average FHA value of property 5*51 100.0 _ - 100.0 Total 100.0 3-7 14. S .25.9.. Amount of mortgage as a percent of F H A valuation of property Exterior material 33-3 54.2 .10.4 2.1 $170,406 162,317 28,884 1,572 Percent distribution l - f a m i l y homes a A l l groups: 1940 1939 1934-40 Table 8—Material of construction, 1940 Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more 450 33 1 64... 217 239 1934-35 1936 1937. 1938 1939 All homes ....76.4 100.0a Amount Table 6.—Mortgage as a percent of value, 1940 3-1 20.5 - 100.0 Table 7—Capacity of garage, 1940 Percent distribution Existing homes ....91.3.-. ...40.5 Total F H A valuation of property Number Percent distribution of amount of 1- to 4-family home mortgages _ Mortgage companies Insurance companies Savings banks A l l others None Total Year Amount $44,850 51.255 58.900 87,900 107,600 184,600 National banks State banks No garage 1-car garage 2-car garage... 3-car garage Number $44,850 12 U8.755 14 38,200.... . . . . 1 7 21,600 18 46,400 26 47 55,100.... 25M05 Type of institution originating mortgages • Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number 12 $2,500 13 20,700.... . . . . 1 2 66,300 3 61,200 13 ....129,500.... ....19 62 Property improvement notes Existing homes New homes Total Number " New homes 4 5 6 7 rooms or less rooms rooms rooms or more 100.0a Existing homes 18.*, 33-U 26" 7 ....29.6.... ....33.3 I8.5 40.0 Total 100.0» 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Percent distribution Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more .27.3. 4.5 9.1 ..9.1. 9.1 100.0® 46.7 •33.3. ...6T7. 13.3 A l l groups: 1940 D i s t r i b u t i o n based on fewer than 26 cases. Average gross monthly payment $27.00* 29.88 ..41.00... 48.00* 53-50* ..73.00 *.. 6§.00b 3-33* 2.17 .2.19... 2.26* 1.89* .1.91*.. 1.58* $23.00 ..25.80*.. • 54.00^. 59.00b Gross payment as a percent of income 27-0° 21.2 .21.3 21.7* 1 9 . 5 b* .18.8 15.8* 19.8 43.23 30.80 b Ratio of property value to income 1.71 v • 1.63*. .1.63?.. 1-37 b 1.58 •14.3* .i6:2* 13.6* 14.9 Computation based on fewer than 6 cases. HOMES IN METROPOLITAN 39 DISTRICTS BOSTON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1930 1940 a Number I n central city Outside central city . Metropolitan district 770,816 1.579,698 781,188 1.531.957 2,350,51^ 2,313, Percent 1940 Increase 1930, a estimated by F H A Number For sale or rent Number Percent of total -10,372 47,7^1 -1.3 3-1 197.407 408,975 179,200 372,121 18,207 36,85^ 10.2 9.9 kiS 5,994 13,618 24,?07 6.4 5.6 211,451 *39.676 37.369 1.6 606,382 551.321 55.061 10.0 6,420 38,325 5.9 651,127 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Number 1935 1936 1937. 1938 1939 194a 1935-40 1,610 8.901,400 1.923 9.818.550 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others $ 193,000 1 46 New homes 18.8 70.8 10.3 .1 Total 100.0 100.0 Percent distribution 100.0 Total Average FHA value of property Average FHA value of land $3,578 100.0 5.2UO 6* I3U 5.383 6,421 ..8,661... 10,825* 6.437 $2,800b 3,621 ..4,451... 5,401 6,851 ..8,59**... 12,100 We ..1,306... 1,725 * Land as a percent of property value 8.7 ..9.6 9.6 11.5 .15.1 15.9* 54l 10.3 705 789 12.3 $250* U.5 8.9b 12.4 .12.6 715 948 13.2 13.8 .14.9 16.5 $ 5,835,082 537.132 ,..1,125,291 3,264,068 3,694,825 ..4,417,556 60.389 22.874.00U Table 6.—Mortgage as a percent of value, 1940 All homes Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 New homes Existing homes 76.3 7.6 .....9.5... ...78.9... 2.1 10.4 8.4 4.1 4..., ....1.9... .k Total 100.0 100.0 All homes 51.6 ...31.7 4.8 5.5 .9 .1 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 78.2 3 . 03 . . . Wood Brick Stucco Other .1,278... 2,000 6,537 915 997 6,255 1,098 6,599 l o t e : A glossary of terms used i s included, i n the Appendix, d i s t r i c t . b Computation based on fewer than 6 cases. Existing homes New homes ...f.565... 100.0 12,0?3 I8.7i9.950 3.533 Exterior material 17.5 .22.4. 32.5 25.2 ..1.7. .7 0.4 2.9 .15.6.. 20.6 44.5 .10.5.. 5.5 16,503 ..2.537. «. 765 9,378 .11,183. Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 1934-35 1936 1937 1938 1939 1940 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage . 3-car garage A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more Amount, $ 2,743,450 82^ 4,539.200 524... ....2,821,600 3,220,500 594 405 2,079,000 14.4 9.7 12.7 10.2 3.3 5-7 4.4... .....35.7 ...52.9... .4 3.6 2.5 11.4 9.3 ...14.4... ,...68.6... 33.6 •5 1.3 Total Table 7—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999., 5,000 to 5,999 6,000 to 7,999 8,000 to 9,899.. 10,000 or more Number Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 1 F H A valuation of property All homes Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity Amount 418 $2,321,400 2.598,350 539 397... ...1,964,800... 1,oU5,ioo 199 155 775.900 215... $ 422,050 1,940,850 856,800... 2,175,'•00 1,303.100 Table 4.—Cental projects Mortgages: Number Amount. Projects: Number. Dwelling units Number Amount 65 285 127... 395 250 Total 1935-40 Existing homes New homes Total Not for salp or Percent rent 18.5 78.1 16.4 1.7 3-8 100.0 100.0 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 32.3 32.1 2.8 1.3 9.2 41.6 47.9 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3.999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more distrf bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 2.86 $30.00 26.7 2.3 2.43 17.0 33-35 22.5 2.24.... ....20.5 ...35.1.. ...38.14..., 2.06 21.0 19.2 42.33 18.6 16.4 45.27 1.77 . . . . 3 . 3 . . ...52-^7 ....1.51...J ....14.5 1.24 61.36 2.7 11.5 100.0 - 3.4 ...18.3.. 17.0 31.3 ...10.0.. 20.0 40.44 47.00 47.86 - 2.01 2.05 1.97 - 18.6 18.8 17.8 - 24.1 $35.38 2.50 ...41.14.... 2.34... 21.9 20.6 46.59 2.19 49.42 1.88 17.8 ...53-78..., ....1.64..., ....15.0 11.6 1.21 68.91 100.0 14.0 16.1 A l l groups: 1940 1.70 51-27 51.42 1939 1.66 16.3 15.9 1938 __ 16.6 1.70 53.49 16.3 * intimated f o r 1930 by the FHA on the basis of the boundaries of the 1940 m e t r o p o l i t a n 40 FEDERAL HOUSING ADMINISTRATION FALL RIVER - NEW BEDFORD METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district 225.769 46,879 227,871 45,184 -2,102 1.695 272,648 273.055 -407 Percent -0.9 3.8 -.1 1 1930, estimated by F H A 1940 60,057 12,127 54,921 10,883 72,184 65,804 Increase For sale or rent Not for sale or Percent rent Number 6,380 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I 11.4 9.4 123 819 1,349 857 2.2 6.2 61.529 13,803 9.7 942 2,206 2.9 75,332 Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes 1 1935 1936 1937 1938 1939 20 19 1935-40 Number $4,100 19 18,800 30 ,....57 900.... ,...32 10 86,500 4 85,700 296,100 69 Number $65,200 102,800 ,....95 500.... 40,200 15,000 20 30 23 $69,300 121,600 153,400 126,700 100,700 325,300 166 621,400 Type of institution originating mortgages Existing homes New homes Table 7.—Capacity of garage, 1940 Total Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of - $3,780* 8.3 ...25.0... . ..4,467* 5.367J 25.0 6,200* 41.7 - - 100.0a 5,357 c c A l l groups: 1940 1939 1938 100.0a Average FHA value of land 50.0 100.0a $650* 17.2* ....517?..., ...11.6* 10.6* Lo* 10.0* - 10.9 c c 100.0... . $4,500*... . . $400* 8 > - 4,500* c c 6 - 400* c c Hote: A glossary o f terms used i s included i n the Appendix. c Data not a v a i l a b l e . 8.9* c c a 100.0a 100.0a Table 9 — Size of home, 1940 Percent distribution 1-family homes 100.0 - New homes 4 5 6 7 rooms or less rooms rooms rooms or more 100.0a 33.3 33.3 ...25.0 8.4 100.0a Total Existing homes 100.0 - 100.0a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Land as a percent of property value 583® c c 50.0 7.2 14.2 7.2 7.2 l6~7 ,....8.3... Total All homes 64.2 75.0 Existing homes 100.0a 6 Existing homes New homes Pr°Perty 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0a 100.0 Total Average FHA value of property 2,473,126 5,527 Number of rooms Wood Brick Stucco Other 100.0 a - 16.1 New homes A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4 000 to 4 999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more 1934-40 Exterior material - Percent distribution 1,011 $371,983 823 302,304 . . . . 2 3 8 . . . ....104,775 418,929 913 595.004 1,162 ....680,131 Percent distribution 1-family homes 28.6 71.4 Amount Table 6.—Mortgage as a percent of value, 1940 33-1 20.9 29.9 100.0a a 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 1934-35 1936 1937 1938 1939 1940 Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage Number homes National banks 37.3 48.5 State banks 17.5 Savings and loan assns. . . . . . . 2 7 . 2 . . . . . . . . 5 1 . 5 . . . Mortgage companies Insurance companies Savings banks A l l others 18.0 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 11 Percent distribution of amount of 1- to 4-family home mortgages None Garage and car capacity Year Amount Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units A l l homes Amount 97 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes Amount Number Total Percent of total Number Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment $29.00* 16~7 ...41.7... ..36.60* 39.25* 33.3 39.00* 8.3 - - A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more I00.0a A l l groups: 1940 1939 1938 100.0® 100.0 Ratio of property value to income Gross payment as a percent of income 2.55* 22.0* . ...2.30*.., ...19.1* 2.31* 17.7* 1.63* 13.8* ~ 36.42 * c c 2.2kb $26.00* 2.10* c c - 18.3* c c 14?6* - - based on fewer than 26 eases. - - - - 26.00* c c 2.10* c c - 14.6* c c * Computation based on fewer than 6 cases. HOMES I N METROPOLITAN DISTRICTS LOWELL-LAWRENCE-HAVERHILL METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 Number Metropolitan district Percent 1940 For sale or rent Not for sale or Percent rent Number Number 234,012 98,016 -1,548 4,489 -0.7 4.6 60,118 26,465 56,481 23,681 3.637 2.784 6.4 11.8 87 1.599 2.007 1.901 6.3 I'2 62.212 29.965 33M69 332,028 2,941 •9 86,583 80,162 6.421 8.0 1.686 3,908 4.2 92.177 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Number Amount 1 7 Mortgages insured under Section 207 or 210 of Title I I 515.950 152 Type of institution originating mortgages New homes 100.0 All groups: 1940 1939 Wood Brick 21.0 63.2 I5.8 Other Percent distribution .14.8... 40.7 44.5 Average FHA value of property $ 4.313b.< 5.491 6.167 5.617 5.908 5.720 22.2 .11.1., 33.3 33.* 100.0® .*.i+!ooov 5.500* 6.767 5.256 5.550 Average FHA value of land Land as a percent of property value 613 .9.0* 8.9 9.9 530 523 537 9.* 8.9 9.4 $ 300* 9.2® ...800*. .20.0* 13.3? 733* 1,000* 14.8* 13.9 15.7 15»0 733 871 a • • "639.228 3.137.738 All homes 85.0 3.0 - Amount of mortgage as a percent of FHA valuation of property 86 81 76 71 61 Percent distribution 1- to 4family homes New homes All homes 63.0 47.4 14.8 10.5 ....7.4..., ...54.5..., ...18.4 3.7 9.1 5.3 11.1 13.1 18.2 to 90 to 85 to 80 to 75 to 70 50 or less 100.0 Existing homes - Total 100.0 100.0" 100.0 Table 9—Size of home, 1940 Percent distribution l-family homes Number of rooms New homes Existing homes 100.0 100.0 100.0 .$ 388*. 491 670 A glossary of terns used i s Included In the Appendix. 100.0a Total 100.0 4.460 Bote: Existing homes $ 772,547 579.058 ...146,894 460,436 539.575 Table 6.—Mortgage as a percent of value, 1940 Exterior material Table 10—Averages by property value groups for l-family homes, 1940 FHA valuation of property ,.1,652. Percent distribution l-family homes 3-car garage Total 1,610 ...357. 1,267 1.375 8,501 Table 8— Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2,240 1934-35 1936 1937" •• 1938 1939 1940 921,250 234 _ Table 7.—Capacity of garage, 1940 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,99a..., 5,000 to 5,999 6,000 to 7,999 8,000 to 9,99a..., 10,000 or more $ 133.250 220,500 132,200 120,000 168,900 Percent distribution of amount of 1- to 4-family home mortgages Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999...., 10,000 or more g 82.0 National banks 95.1 State banks 3.9 Savings and loan assns.. • • • ....4.9.... Mortgage companies Insurance companies Savings banks . . . • • * . . . . . . . . . 1 4 . 1 . . . , All others - Kone Garage and car capacity Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Mortgages: Number. Amount Projects: Number Dwelling units 187,300 7 405,300 82 1935-40 Number ....114,100 ....41..... 24.500 28 29.700 35 34.300... ....31..... 8 rl r-t - All homes $ 126,050 36 55 ....36 id "SKSf 20 28 1938 1939 1940 Amount Number $7,200 33.200 Iff.100 .....5 Total 1935-40 Existing homes New homes 1935 1936 Total Percent of total 102,505 232,464 I n central city Outside central city 1930, estimated by FHA 1930 Increase 100.0 a New homes 4 rooms or less 5 rooms 6 rooms.... 7 rooms or more Existing homes 11.1 11.1 33.3 11.1 ....48.2.... ....33.3 7.4 44.5 Total 100.0 100.0 a Table 11 .—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4 000 to 4 999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2 000 to 2 499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more All groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 17~4 3.04* 26? 7 * $ 38.25* ..34.8.... ...41.25..., ...2.51,.... ...22.9. 17.4 2.20* 20.5* 45.50* 17.4 15.9* 1.75 45.75* 13.O 100.0® 55.33* 1.01* 10.3* 44.09 43.23 1.94 1.70 1.96 17.9 15.5 17.7 $ 24.00* 54.00* 2.47* 4.20* 22.2* 40.0* 1.88* 1.28* 16.0* 12.9* 11.9* 6.7* 43.88 11.1 11.1 11.1 39.00* 22.2 37.00* ..22.2..., ...45.50*.i 22.3 53.50* 100.0® 43.22 49.43 39-78 ...1.03* .71* 1.15 1.27 U.4 1.31 13.7 13.6 Distribution based on fewer than 26 eases. ® Couputation based on fewer than 6 cases. 42 FEDERAL SPRINGFIELD - HOL?OKE METROPOLITAN HOUSING ADMINISTRATION DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 a Number I n central city.. Outside central city Metropolitan district 203,304 191.319 206,437 192.554 394.623 398.991 Increase a Percent -3.133 -1.235 1940 1930, estimated by F H A Number For sale or rent Not for sale or Percent rent Number -1.5 -.6 55.028 47.905 52.033 43,567 2.995 4.338 5.8 10.0 75 624 2,407 1,460 4.2 2.9 • -1.1 102.933 95.600 7.333 7.7 699 3,867 3.6 -4,368 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 ©f Title I I Number 1935 1936 Amount 11 47 ......65... 86 134 1938 1939 460 1935-40 Number $ 44,650 205,310 410,000 573.800 512,400... 2,045,860 71 92 48.... 62 42 20.... Tction U 20 d 7 er or 210 of Title I I of " - t i t u d o n originating mortgages 82 139 ,...113.... 148 266,600 176 172,200 . . . . 1 37.... 85,200... 795 Newhomes Existing homes 1934-35 1936 1937 1938 1939 1940 $ 331,400 548,287 492,800 676,600 746,000 597.600 3.392,687 f.s 2~e No garage 1-car garage 2-car garage 3-car garage Total 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60. 50 or less Wood Brick Stucco Other 83.8 5.9 Total Average FHA value of property Average FHA value of land Land as a percent of property value 4.995 5,220 5.679 465 507 651 9.3 9.7 11.5 000c , . $ 4 , 3 8 1 . . . ,'..$475, •, 650 5.195 12.5 900 6,708 13.U 1,100 c . . . ,....12.9° Existing homes 100.0 All homes 63.4 10.6 80.0... ....18.0 12.0 5.0 4.0 1.8 .6 4.0 .6 100.0b 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms New homes 12.2 c $ 350° 3.7 $ 2,880° 11.0 3*7 9.7 3.595 ....38.3.. ,520 8.6 467 27.9 . . . . 45.412 9.9 18.47 . . 642 6,492 c ,....20.0C ,..l,600 ... c 8,000 .. 100.0 New homes 72.1 11.8 ....10.3... 3.6 1.5 Total Exterior material 100.0 Percent distribution Percent distribution 1- to 4family homes Percent distribution 1-family homes 10.0 83.2 6.8 $ 1,138,328 824,125 2 21,605 584,468 537.404 9.505 Amount of mortgage as a percent of F H A valuation of property Table 8—Material of construction, 1940 Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 2,868 1.959 1.544 .....521... 1,211 1934-40 100.0 Percent distribution all 1- to 4-family homes Amount 3,888,699 Table 6.—Mortgage as a percent of value, 1940 All homes S~6 Table 7.—Capacity of garage, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7.999 8,000 to 9,999 10,000 or more Number Amount National banks State banks 7.5 Savings and loan assns. . . . . . . . . 1 5 . 6 . . . ....15.7 Mortgage companies ....16.5... Insurance companies 3.0 Savings banks .. . . . 7 3 . 9 . . . ....74.1 A l l others . . . . 7 4 . 9 .b. . Total 100.0 100.0 Mortgages: Number Amount ... Projects: Number Dwelling units New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Year Percent distribution of amount of 1- to 4-family home mortgages Mortgages Garage and car capacity Number $286,750 342,977 193,100 1,346,827 335 A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4—Rental projects Total 1935-40 Amount 107,499 Property improvement notes Existing homes New homes 57.510 49,989 Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Total Percent of total Existing homes 72.0 8.0 10.3 4.0 100.0 100.0b New homes 4 5 6 7 rooms or less rooms rooms rooms or more 36.O 44.9 15.4... 3.7 Total 100.0 Existing homes 8.0 20.0 1&.0 28.0 100.0 b Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . , 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more Percent distribution 3.0 24.6 .31.3.. 18.7 16.4 ..3.0, 3.0 100.0 Average monthly payment $ 29.50c 33.94 ...37.57.. 40.08 2.73° 2.44 .2.13.. 1.93 ...48.25c. 55.00c .1.49 c, 1.07 c 39.00 39.33 1.96 45.23 43.85 8.7 .17.4 Ratio of property value to income $ 34.50 38.75°.. 1.95 1.95 2^66° .2.28 c.. 1.81 37.83 l.75c 46.60 ,.1.52 c . . .52.33 1.21c 50.33 A l l groups: 1940 1 100.0* A l l groups: 1940 5,430 12.4 672 ioo.ob 43.13 1.71 1939 1939 5,246 13.4 704 40.14 1.63 1938 1938 5.548 15.6 867 „ 42.49 1.92 a Note: A glossary o f terms used i s included i n the Appendix. Based on the m e t r o p o l i t a n d i s t r i c t as e s t a b l i s h e d i n the I93O Census. ° D i s t r i b u t i o n based on fewer than 26 cases. c Computation based on fewer than 6 cases. 26.1 j . 121.8 3.0. 13.0 HOMES IN METROPOLITAN DISTRICTS 43 PORTLAND,MAINEMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Area 1940 1930 Number I n central city Outside central city ... Metropolitan district 193.694 112,500 195.311 109,982 -1,617 2.518 306,194 305.293 901 Percent 1940 -0.8 2.3 48,847 28,466 .3 77.313 i 1 For sale or rent Increase N o t for sale or rent Percent 1930, estimated by F H A Number 45.853 25.771 2,994 2,695 6.5 10.5 71.624 5.689 7.9 Number 90 527 1,040 962 2.1 3.2 49,977 29.955 617 2,002 2.5 79.932 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Existing homes New homes Amount Number $4,100 1 18,800 5 3.... 18,000.... 247,300 51 145,700 28 70.... ....328,400.... 1935 1936 1937 1938 1939 1940 1935-40 762,300 158 Total 1935-40 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units A l l homes Number Amount 15 22 2 6 3 7 $61,800 90,200 L....18,200.... 31,400 14,800 28,300.... 55 244,700 Type of institution originating mortgages New homes t?amSly t0 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Note: 1.3 100.0 - 556 8.7 8.9 10,000^ 1,600* 16.0* 5.276 5,880 5.930 451 18 8.5 11.4 10.9 11.8* 6.1* 9.6* - - - 5.033 6,188 7.267 422 1.075 833 8.4 17.4 11.5 A glossary of terms used I s Included in the Appendix. 463560 0 - 42 - 4 8.6* 7.8* ffi"" 22.2 $450* $3,800* ...22.2... ,...4,400*.. ^....350*... 5.467* 33.4 6,250 b 22.2 600* 100.0a Existing homes a •••••a - - 100.0 a New homes 7 rooms or more $250? 290 b 68.2 5.9 100.0 Percent distribution 1-family homes 11.1 Land as a percent of property value AH homes Number of rooms 1.3 Average FHA value of land Existing homes Table 9.—Size of home, 1940 Other Average FHA value of property 2.787.947 - 100.0 4 rooms or less 5 rooms 5.2 $ 2,9005 6.6 3.740* ...21.1... ....4,488... 5.500 42.1 6.272 23.7 100.0 New homes Total 77.8 11.1 Table 10.—Averages by property value groups for 1-family homes, 1940 6,816 IS 98.7 Total 444,209 543.676 . . .670,414 ...17.1.... ...88.9.... 11.1 1.3 Wood Brick 100.0 Percent distribution 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 New homes 25.9 69.4 1,285 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property Exterior material homes F H A valuation of property 100.0a .1,621. Table 6.—Mortgage as a percent of value, 1940 All homes Existing homes ...128,012 1,134 1938 1939 1940.. 1,007,000 213 $ 525.938 475.698 1.351 Percent distribution 1-family homes Percent distribU Total 1934^35 1936 $ 65.900 109,000 36,200 278.700 160,500 Table 8—Material of construction, 1940 Table 7—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9 999 10,000 or more 16 27 5.... 57 31 Percent distribution of amount of 1- to 4-family home mortgages 100.0 Total No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage Number Amount National banks 8.6 8.5 8.3 State banks 2.8 2.6 Savings and loan a s s n s . . . . . . . . . 3 6 . 5 . . . . . . 1 5 . 6 . * . . . . . . 3 4 . 5 Mortgage companies Insurance companies Savings banks . . . . 5 2 . 1 . . . ...7611.... ....5414 A l l others None Garage and car capacity Number Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total Percent of total . 17.1 38.2 22.2 6.5 Total 100.0» Existing homes 100.0 100.0® Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2 000 to 2 499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income $26.00* 2.6 2.74* 30.78 11.8 2.26 34.2... ...39.42.... ....2.28 47.40 2.21 19.7 1.67. 44.39 V ...50.00*... ....1.32*... 1.19* 4.0 66.33b 100.0 42.28 47.90 47.15 ...55.6... •$37.20* 47.50* 22.2 46.50* 22.2 " 100.0a - 41.56 55.00 64.00 Gross payment as a percent of income 24.5* 20.5 21.7 21.6 16.0^ 13.3J 12.6* 1.93 1.99 2.11 18.6 18.9 20.3 2.16* 1.80* 19~4* 22.1* 17.6* - 1.97 1.30 1.38 " 19.5 13.8 13.5 based on fever than 26 cases. * Computation based on fewer than 6 cases. 44 FEDERAL PROVIDENCE METROPOLITAN HOUSING ADMINISTRATION DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number 253.504 I n central city Outside central city 252.981 437.650 457,996 20.34? 690,631 711.500 Metropolitan district Percent 1940 Increase .1930, estimated by F H A Number For sale or rent N o t for sale or Percent rent Percent of total 0.2 4.6 67.506 118,934 61,371 103,691 6.135 15.243 10.0 14.7 110 2.949 2.130 6.381 3.1 5.0 3-0 186,440 165,062 a , 378 13.0 3.059 8.511 4.3 20,869 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I New homes Number 1935 1936 1937. 1938 1939 194& 35 118 88... 3 1935-40 Number 114 $ 158,250 532.480 450,300... 1.535.600 2,030.500 ...2,492,000... 1.009 7.199.130 1.503 Mortgages: Number: Amount Projects: Number Dwelling units SonU20d7er or 210 of Title I I 723.100 579.800 417,100... S t a t i o n originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others 1 30.9 27.6 ....19.1... ...M... 2.7 Existing homes A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 , . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 Hote: 9.231.699 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Wood Brick Stucco Other Total 100.0 Percent distribution Average FHA value of property Average FHA value of land Land as a percent of property value 0.8 $2,750* $360* 13.1* 10.1 ..9.9 .24.2.. 100.0 3.1 15.5 2:8 ,..8.658., 15.458 2.167 5,722 5,849 19.6 1.0 100.0 591 802 .1.214., 2.625 11.0 12.4 .14.0 a.6 634 11.6 12.1 12.7 695 744 14.6 » 17.8 $ 2,567* .28.9 24.7 ..7.2.. 100.0 °Perty Percent distribution 1- to 4family homes New homes 5.582 6.465 . . . 8 , 7 6 4 .a . 10,500 ...757.. 1.014 .17.0 1.011 .1.543.. 1.500* 934 5.352 965 5,237 1,048 5,485 A glossary of terns used i s included i n the Appendix. * 18.2 15.6 .22.2 14.3* Existing homes 50.3 13.5 ....a.3 59.9 15.8 ....12.8... 6.0 4.0 1.4... .1 Total 100.0 All homes . . . . 6 8 . 1 . . . 19.5 8.0 2.7... 1.7 100.0 8.2 H 1.6 .4 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes New homes .4 32.1 .,, Exterior material 28.7 28.4 ..3.4.. 1.0 Amount of mortgage as a percent of F H A valuation Percent distribution 1-family homes Percent distribution all 1- to 4-family homes 10.1 Table 6.—Mortgage as a percent of value, 1940 28.6 15.9 28.5 33.4 9.4... ....17.6 . 2 1.0 13.7 16.7 g.9 ....22.3... 2.5 1.3 Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 2,002,631 ..573.9% 1.348,581 1,662,897 1.751.384 11.385.520 o f pr 100.0 $ 1,892,260 1934-35 1936 1937.. 1938 1939 1940.. Table 8 — Material of construction, 1940 Table 7.—Capacity of garage, 1940 F H A valuation of property $ 682,900 1,878,920 1,045,600 2.258,700 2.610,300 homes 100.0 Total Total 149 455 235... 482 556 2,512 New homes 36 N o garage 1-car garage 2-car garage . . 3-car garage Amount Percent distribution of amount of 1- to 4-family home mortgages of 1 $ 114,000 Garage and car capacity Number 4,186.390 Mortgages ln Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 A l l homes $ 524,650 1,346,440 ft 169 143 99... 198,010 Property improvement notes Existing homes Amount 69.746 128.264 Table 3—Volume of Title'I Notes insured Mortgages on 1- to 4-family homes Year Total Number 92.6 4.1 95.8 2.8 2.1 100.0 100.0 New homes 4 5 6 7 28.2 32.6 33.7... 5-5 rooms or less rooms rooms rooms or more 100.0 Total Existing homes 14.4 43.3 37.1 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 17.5 1939 18.4 19.1 Computation based on f e v e r than 6 cases. Percent distribution 4.8 24.? .33.6., 16.0 13.7 Average monthly payment $25-52 Gross payment as a percent of income 2.91 23.3 a.7 .19.7 17.7 15.2 .15.1 2.72 .2.43.. ..54.55.. 57.82 37.31 39.46 41.29 7.4 20.0 ..29.5.. 10.5 Ratio of property value to income .1.71.. 1.18 2.16 2.12 2.03 2.65 2.78 .2.23.. 2.09 ...6.3., 5.3 $ 23.71 32.05 ..33.68... 39-80 38.05 ..49.50... 68.00* 100.0 36.99 2.00 21.0 35.71 38.08 1.68 .1.70. 1.4i* 1.84 10.2 17.7 17.5 17.1 a.5 22.0 .18.8 17.9 14.0 ..14.3 12.7* 16.8 15.0 15.8 45 HOMES IN METROPOLITAN DISTRICTS ALBANYS -CHENECTADYT -ROY METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number In central city Outside central city Metropolitan district.. Percent 1940 For sale or rent Increase 1930, estimated by FHA Number Not for sale, or Percent rent Number 147,ia 69,500 146,716 57.253 405 12.247 0.3 a.4 39.341 18,146 35.807 13.752 3.534 4,394 9.9 32.0 45 489 854 1,440 2.1 7.2 4o,24O 20,075 a6,6a 203.969 12.652 6.2 57.487 49.559 7.928 16.0 534 2,294 3.8 60,315 Table 2—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured M<jrtgages on 1- to 4-family honles Year Number Amount 24 105 ....143.... 166 198 ....253... $131,850 513.475 747.900... 910,600 1,019.700 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Number 24 $136,150 48 243.950 75.... 34),500 374,800 71 278.400 51 . . . . . 6 7 . . . , .....372.400... 1.749.200 336 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks All others 3-car garage Total 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1.225 6,310,025 100.0 tLmily homes Percent distribution 96.2 1.9 Total Average FHA value of property $ 3,8506 .23.6.. ...4,625. 26.2 ..6.5.. 3.8 ...8,424. 14,475 38.4 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 100.0 All groups: 1940 1939 1938 100.0 2.9 7.4 .11.8. 22.1 39.7 ..2.9. 13.2 Average FHA value of land $413 a ...492... 598 778 .1,200... 2,220 & 6,050 6,704 6.966 718 $ 2,775 aa 3,440 ...4,4o6.. $ 725 a 50c & ...694.., 710 930 .1,600 3.022 ...8,250 8. 14,028 6,840 7.097 6,621 1.113 1,168 1.259 10.7 a .10.6 11.1 11.7 .14.2 15.3 12.4 26.1a 14.5 » .15.8 13-2 13.7 16.3 16.5 19.0 Amount of mortgage as a percent of FHA valuation of property All homes 13.5 23.8 ,.6 19.6 2.0 38.6 1.9 3.240,155 Percent distribution 1- to 4family homes New homes Existing homes All homes 34.6 27.5 9.1 7.2 ...46.4... ....77.8... ....52.8 18.1 5.3 8.0 86 to 90 81 to 85 76 to 80. 71 to 75 61 to 70 51 to 60 50 or less 1.4... 3 .4 Total 100.0 100.0 :t •3 100.0 Table 9.—Size of home, 1940 Percent distribution l-family homes Existing homes 86.8 1.9 f:2 2.9 100.0 100.0 a Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more All groups: 1940 1939 1938 Note; A glossary of terms used is included in the Appendix. * Computation based on fewer than 6 cases. 7.415 New homes 4 rooms or less 5 rooms Existing homes 10.3 39-9 19.1 .24.7... . . . . . 4 i . p 29.4 3.8 7 rooms or more 100.0 Total 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Land as a percent of property value .19.4 a.5 $ 627.671 742.396 236.364 514.590 585.259 533.875 Table 6—Mortgage as a percent of value, 1940 100.0 New homes Wood Brick Stucco Other 100.0 1,643 1.676 471 1.119 1.311 Number of rooms Exterior material 9.6 73.1 I0.7 .6 Amount 1934-40 Percent distribution l-family homes 10 Number 1934r-35 1936 1937 1938 1939 Table 8—Material of construction, 1940 Table 10.—Averages by property value groups for l-family homes, 1940 FHA valuation of property & $ 268,000 757.425 1,091,4oo 1,285,400 1,298,100 7.9 32-1 24.6 a.2 8... 20.9 1.1 . . . A y . . . ....26.3... Percent distri- No garage 1-car garage 48 153 aa... Existing homes New homes Total Table 7—Capacity of garage, 1940 Garage and car capacity Amount Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 2 $900,000 2 226 bU Year Table 5—Type of originating mortgagee, 1940 Table 4— Rental projects Total 1935-40 All homes Amount Number 4,560,825 889 1935-40 Property improvement Existing homes New homes 1935 1936 193 7 1938 1939 1940 Total Percent of total Percent distribution Average gross monthly payment Ratio of property value to income 0.8 17.6 ...35.9. $ 26.50 a >..35.86.. 4O.71 45.53 ...57.47.. 74.74 2.84a 2.62 .2.39... 2.25 1.91 .1.87... 1.23 41.62 45.26 47.18 1.94 18.3 13.0 ....7.2. 7.2 100.0 31.89 $ a6.oo a 28.44 ...35.14... 45.00 46.14 . . . 53.75 20.9 81.43 48.81 50.53 48.10 2.03 2.12 2.4l a 2.40 .2.18... 2-39 1.97 .1.70 a .. 1.26 1.72 1.80 1.90 Gross payment as a percent of income 22.6 a 20.9 • 19.5 18.6 15.9 .16.0 10.4 16.7 17.3 15.8 a.5a 19.2 ..18.3 20.0 16.9 ,.l4.2a 10.9 14.5 15.4 16.0 FEDERAL HOUSING ADMINISTRATION 46 HARTFORD - NEW BRITAIN METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1930 1940 Number I n central city Outside central city Metropolitan district Percent Increase 1930, estimated by F H A 1940 For sale or rent Not for sale or Percent rent Number Number 234,952 267.241 232,200 238.985 2.752 28,256 1.2 11.8 61,640 68,298 56,180 56,475 5,460 11,823 9.7 20.9 62 608 905 1,462 1.4 2.1 62,607 70.368 502,193 471.185 31,008 6.6 129.938 112.655 17.283 15.3 670 2.367 1.8 132.975 Table 3.—Volume of Title I Notes insured Table 2 — N e t volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year Number 1938 1939 1935-40 $ 283.250 1,102,850 8,187,300 1,581 Mortgages: Number Amount ... Projects: Number Dwelling units Amount Number 2,069,810 454 nating mortgages New horned 3 100.0 Total F H A valuation of property All homes 86 81 76 71 61 51 50 to 90 to 85 to 80 to 75 to 70 to 60 or less Wood Brick Stucco Other .4 100.0 Total average FHA value of property Average FHA value of land Land as a percent of property value 2.0 $3,888 12.9 40.0 ...4,572. 5.376 6.467 ...8^58. 12,453 $500 ...471. 577 812 Percent distribution i t 100.0 100.0 Percent distribution 1- to 4family homes New homes 5.966 6,442 6,244 .10.3 10.7 12.6 .1,306., 2,078 .15.3 16.7 12.1 722 821 811 5.5 .10.9. 32.7 29.1 .16.3. 5.5 $ 3.733a ...4,429.. ...8,311.. 16,333» .1,411.. 3.667 a 100.0 i5.166 :8f 1,049 1.033 1*055 12.7 13.0 16.1* $600* .12.8 ...567.. 750 956 A glossary of terms used I s included i n the Appendix. 13.8 13.8 .17.0 22.5 a 15.6 15*6 20.4 a Existing homes All homes 61.8 56.8 14.5 13.5 ....17.4..J ...71.4...^ ....21.6 4.1 3.7 8.9 3.4 16.1 2.3 J 3.6.... •3 .3 100.0 Total 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 Note: Amount of mortgage as a percent of F H A valuation of property Percent distribution 1-family homes Exterior material 18.0 77.0 4,954,694 Table 6.—Mortgage as a percent of value, 1940 Table 8.—Material of coo ^ruction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage 100.0 • 1.033.798 901.631 ....252.888 846.595 946,681 .....973.101 12,162 102 Table 7.—Capacity of garage, 1940 A l l groups: 1940 1939 1938 Existing homes 2,219 ....587. 2.099 2,240 .-2.392- 10,257,110 National banks 18.1 17.2 27.5 State banks 16.1 ' 22.6 16.6 Savings and loan assns. . . . , Mortgage companies 6.0 6.1 9.4 Insurance companies 16.1 26.8 27.7 Savings banks ....11.8... ....17.4... ....12.3 A l l others 21.1 20.0 7.0 Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Ml. 2.035 ' 2,625 1934-35 1936 193 7 1938 1939 1940 $ 537.050 95 303 1,517,660 267... ...1,282,300 1.797.100 371 1,727.600 ..•3.395.400 Perct,:i distribution of amount of 1- tc 4-family home mortgages 3 $ 410,000 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more Number Amount Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity A l l homes $ 253.800 414,810 351.700... 462,400 339.500 247.600... 86 ....96 1.334,700 112 1,388,100 67 ...3,147,800... ....48 Table 4.—Rental projects Total 1935-40 Number Amount 50 217 171... 259 265 Property improvement notes Existing homes New homes 1935 1936 Total Percent of total Number of rooms New homes Existing homes 89.4 5.3 81.8 10.9 5.3 3.6 100.0 100.0 New homes * 4 5 6 7 rooms or less rooms rooms rooms or more Total Existing homes 31.9 42.9 . . .22 4 2.8 1.8 10.9 56 4 30.9 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 1938 Conputation based on f e v e r than 6 cases. Average gross monthly payment Ratio of property value to 14.2 .39.7.. $32.62 ..38.12.. 2.67 .2.46., 19.3 41.34 49.27 ..51.56.. 64.24 2.07 .1.63., 1.48 Percent distribution 19.6 ..3.9.. 3.3 100.0 13.2 .18.9.. 22.7 24.5 ..9.4.. 41.52 44.66 42.42 $29.71 ..37.80.. 42.00 48.08 ..63.00^ 11.3 90.67 100.0 48.57 47.55 38.08 2.20 2.21 2.25 2.22 2.51 .2.40... 2.15 2.08 .1.97*.. 1.34 1.95 1.91 2.02 Gross payment as a percent of income 21.6 .20.4 18.5 17.7 .14.0 12.0 18.4 18.7 18.5 19.7 .20.0 18.2 17.4 .17.1* 13.2 16.9 16.3 17.4 47 HOMES IN METROPOLITAN DISTRICTS ALBANY-SCHENECTADY-TROY METROPOLITAN Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city 160,605 11+7.623 162.655 131.069 -2,050 16,551+ 308,228 293.721+ 11+.50U ! Metropolitan district ! U.9 N o t for sale or rent Percent 1930, estimated by F H A Number 1+2,1+88 39.307 39.55^ 31.936 2.93^ 7.371 7-U 23-1 81.795 71.1+90 10.305 ll+.U Percent 1940 For sale or rent Increase Number 1.532 U.396 3-5 9-9 128 812 Property improvement Mortgages 011 1 - to 4-family homes Existing homes New homes Number 1935 1936 193 7 1938 1939 1940 17 7»+ l+l.... 2,501,000 526 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units $125,150 260,700 268,000. 203,900 188,300 263 1.193.950 Type of institution originating mortgages Mortgage companies Insurance companies None " A l l others Table 7.—Capacity of garage, 1940 11.8 79.^ 8.1+ .1+ Total 100.0 A l l groups: 1940 1939 1938 Note; 128 129 ....253.... Number 1934-35 1936 3.69U.950 789 7.U 22.8 32.3 12.0 10.8 21.1+ 1.7 1+9.7 20.0 2.8 1+.2 1+3.2 100.0 100.0 Percent distribution Average FHA value of property 97.3 1.8 1.3 100.0 2.8 .20.0., 25-7 1+2.9 ..8.6.. Percent distribution 1- to 4family homes New homes 100.0 5.296 6,602 ...8,329-•• 10,167 & 5.^75 6,11+8 6,366 $3.800® 5.UU2 ...M86.. 6.595 . . . 8 . 7 3 3 R. 5.980 6,1+06 5.592 Land as a percent of property value $300 3 ...502.. 537 708 8.6s .1,250.a i,6oo 592 750 751 $1+00 a 500... 772 985 ...1,500 .11.3 10.1 10.7 .15.0 15.7a 10.8 12.2 11.8 10. a .11.i lU.2 lU.Q .17.2a l+.U 18.1 15.2 Existing homes 86 to 90 59-7 10.2 81 to 85 76 to 80 . . . . . . . . . . . . .• ». . . 7 1» » •. . . . 7 7 . 8 . . . 71 to 75 3.1 8.3 61 to 70 1.3 13.9 51 to 60 50 or less Total 100.0 100.0 All homes 51.5 8.8 X? a 3-8 3-1 - 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 88.6 8.6 .0 Average FHA value of land U,387.580 Number of rooms New homes .27.k.. ..3.1.. .1+ Amount of mortgage as a percent of F H A valuation of property Percent distribution 1-family homes o.p 1+7.8 19.9 10,881 1934-40 Exterior material Total $862,1+88 825,392 702,385 759.206 Table 6.—Mortgage as a percent of value, 1940 All homes Wood Brick Stucco Other Amount 2,11+8 2,061 5I+I+... 1.728 1.901 1938 1939 616,000 61+0,200 Existing homes 100.0 861 1,160 852 A glossary o f terms used i s included i n the Appendix. $212,1+00 600,350 New homes Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 135 Year Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes N o garage 1-car garage 2-car garage. 3-car garage New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999* 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more Amount .1+ Total F H A valuation of property Number Percent distribution of amount of 1- to 4-fuinily home mortgages National banks State banks Garage and car capacity All homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Amount 26 61 60.... 1+6 38 32.... $87,250 339.650 187,100... 1+12,100 1+51,900 82 91 1935-40 Number Amount 1+1+.11+8 Ui+,515 91+0 5.928 6.7 88,663 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Year Total Percent of total New homes 4 rooms or less 5 rooms 23-9 50.1+ 1+.0 2.9 20.0 1+8.6 28.5 100.0 100.0 .....21.7... 7 rooms or more 100.0 Existing homes Total Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 • • • • 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 • •«• 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . « 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999...« 5,000 or more A l l groups: 1940 1939 * Computation based on fewer than 6 cases. Percent distribution Average gross monthly payment $ 21+C .0a 31. 08 ..35.^9... 38.18 U3.79 1M ..3.6. 0.1+ 21.8 •37.3. 19.5 ..52.00... 2.7 100.0 57.67 37.UO 12. S 18.7 21.9 •.2I.9. 9.* 100.0 $ 31.00 2.86® .2.38. .1.71. .1U.1+ 2.08 1.88 15.8 1.30 10.7 17.6 17.8 2.11+ a 1+0.57 ..52.29..1+6.00 a 8 20.6 20.7 .19.1+ 17.1 2.58 2.16 ..3U.80*. U3.67 1+2.13 1+7.86 1+1.00 Gross payment as a percent of income 2.16 1+2.1+7 1+5.25 ..15.6. Ratio of property value to income 17.7 2.3I+ * •2.12 2.19 1.78 a . .1.66... 1.11» 20.0® .18.2a 18.9 H+.6 •ll+.U •9a 1.77 15.0 1.89 16.3 2.OU I8.3 DISTRIC FEDERAL HOUSING ADMINISTRATION 48 WATERBURY METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city 99.314 45.508 144,822 Metropolitan district 140,575 Percent 1930, estimated by F H A 1940 Increase For sale or rent Not for sale or Percent rent Number -588 4.835 -0.6 11.9 25.395 11.992 23.078 9.551 2.317 2,441 10.0 25.6 4,247 3.0 37.387 32.629 4,758 14.6 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Percent of total 573 380 2.2 3.0 26,001 12,728 953 2.5 38.729 389 Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number 1935 1936 193 7 1938 1939 1940 $ 34,100 132.700 . . . . . 3 7 . . . . ....159,000*... 246,600 53 173.100 37 27.... ....129,800.... 1935-40 875.300 199 Mortgages: Number Amount Projects: Number Dwelling units Number Amount 6 13 $27,150 40,400 A l l homes Number Amount Mortgages insured under Section 207 or 210 of Title I I 5 3 2 19.300 13,600 3 265,900 186,700 29 108,050 228 983.350 Type of institution originating mortgages 1937.< 1938 1939 1940.. National banks State banks Savings and loan assns. . Mortgage companies Insurance companies Savings banks A l l others Hone ..7.9. 49.1 31.7 .11.3. Existing homes Garage and car capacity F H A valuation of property All homes 6O.5 ..7.5 49.7 .39.5. .12.7 30.1 86 81 76 71 61 to to to to to No garage 1-car garage 2-car garage . . . . . . . . . . . . 3-car garage Total Exterior material Wood Brick Other New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999., 10,000 or more Percent distribution 3.5 .31.0. 17.2 44.8 ..3.5. A l l groups: 1940 1939 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more A l l groups: 1940 1939 1938 lots: 50.0 50.0 Average FHA value of property $3,900 . . . 4 , ;3 9 2 . . . 5.550* 6,812 v $400* ...411... 700* 5.784 5.849 5.782 650 714 627 $3,800* $600* Land as a percent of property value -XV 12.6* 11.0 750 h 8,000*.. .1,500*.. .18.8* 11.2 12.2 10.8 15.8° 5,800° 4,800* 5.625* 5.782* New homes Existing homes 100.0 100.0 - Average FHA value of land 10.3° 12.5® 600* 725* 627* • glossary of teras used I s Included I n the Appendix. a Existing homes All homes - - 100.0* - 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms 100.0 Total 100.0 2,005,074 100.0 Total Percent distribution 1-family homes 12.9 80.6 6.5 ...^44^409 4,919 48.4 51.7 6.5 6.8 ....34.5... ...100.0... ....38.7 3.2 3.5 3.5 3-2 50 or less Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property New homes 90 85 80 75 70 Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes .1.128. Percent distribution 1- to 4family homes Amount of mortgage Total Table 7—Capacity of garage, 1940 • 391.450 376.661 ...119.514 318,922 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes 961 925 ...257. 781 867 $ 61,250 173.100 49 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes Amount Total Number - 4 rooms or less 5 rooms New homes Existing homes 34.5 20.7 ....44.8.... 50.0 100.0 100. 0 a 7 rooms or more 100.0a Total Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment $31.00* ..28.6... 25.0 32 . 2 100.0 44.44 41.00 41.81 41.76 50.0 $30.00* . . 5 0 . 0 . . . ,..41.00® - 100.0* - 35.50* 41.75 J 41.00* Ratio of property value to income Gross payment as a percent of income 20? 6 * 2^45* ....2.38.... ....20.7 18.6 2.11 16.1 ....12.9* 2.04 2.17 2.12 17.6 18. 5 18.3 2T44* ....2.74*.., 23T1* 23.2 - - 2.61* 2.10* 1.24* 23.2* 12.9* 18.8* 10.8* 9.9* Distribution based on fever than 26 cases. * Computation based on fewer than 6 cases. M I D D L E A T L A N T I C GEOGRAPHIC The Middle Atlantic Geographic Division is composed of the States of New York, New Jersey, and Pennsylvania, which, as a group, contain 27,539,487 persons or 20.9 percent of the total United States population. The nonfarm population of this division numbers 25,810,296, of whom 21,032,676 live within the metropolitan districts. P o p u l a t i o n i n 1940 Middle Atlantic Division Percent 20.9 Percent of U n i t e d States Total Nonfarm . M e t r o p o l i t a n destricts P o p u l a t i o n d e n s i t y per square m i l e 27, 539,487 25,810, 296 21,032, 676 275.0 100.0 93.7 76.4 United States Percent 100.0 100.0 77.1 47.8 44.3 There are twenty metropolitan districts located principally or entirely within the Division. The population of that portion of the metropolitan districts located inside the boundaries of the Division represents 76.4 percent of the total population of the Division, a larger share for these metropolitan districts than in any other geographic division, and a share far above the average of 47.8 percent for all the metropolitan districts of the United States. The Division, and the metropolitan districts it contains, are shown on the map on the following page. Characterized by place of residence, 93.7 percent of the total population of the Middle Atlantic Division lives in the metropolitan districts and the smaller cities and towns. The proportion is identical to that of the New England Geographic Division, but substantially above the 77.1 percent for the nation as a whole. Metropolitan districts inside the boundaries of the Division contained 81.5 percent of this nonfarm population, the largest share for the districts of any geographic division and much greater than the 62.0 percent for all the metropolitan districts of the nation. W i t h but 3.4 percent of the land area of the United States and with more than one-fifth of DIVISION the population, the Division has the greatest population density of any geographic division, 275.0, as compared with but 44.3 persons per square mile for the entire United States. Economic characteristics. Manufacturing is the principal economic activity of the Middle Atlantic Geographic Division, accounting for nearly three-tenths of the private income generated as compared with but one-twentieth for agriculture. Trade is second in importance, followed by the service occupations and transportation. Although the variety of manufactures in the various metropolitan districts is extremely wide, the following observations will serve to indicate the general type of activity for which each district is noted. The industries of the New York-N. E. New Jersey Metropolitan District, the nation's largest, produce almost everything that is manufactured. Of major importance, however, is the manufacture of clothing, newspapers, periodicals and books, electrical machinery, shipbuilding, and a myriad of consumers' products such as boots and shoes, jewelry, fur goods, and tobacco products. This metropolitan district is the nation's largest port and through it passes from one-fifth to onethird of the nation's foreign commerce. I t contains the home offices of many large corporations, and its financial community is the nation's largest. I t is the terminus of several railway systems and steamship lines. I n the Albany-Schenectady-Troy Metropolitan District the activities of the State government employ many people in Albany. The city also acts as a trading and servicing center for upState New York. Its position near the head of navigation on the Hudson Kiver has made it one of the most important inland ports. The principal manufactures of the Schenectady segment of this District are electrical products and railway equipment, while in Troy the manufacture of shirts and underwear is of major importance. I n the Binghamton Metropolitan District the principal manufactures are cameras, camera film, shoes, and business machines. The Buffalo49 50 FEDERAL HOUSING ADMINISTRATION 1940 METROPOLITAN DISTRICTS IN THE MIDDLE ATLANTIC DIVISION - AREA OF M E T R O P O L I T A N D I S T R I C T S J h W I T H AN AGGREGATE P O P U L A T I O N OF 5 0 , 0 0 0 OR MORE IN T H E C E N T R A L CITIES ATLANTIC CITY HOMES I N METROPOLITAN 51 DISTRICTS Niagara Metropolitan District numbers among its principal products steel, aircraft, metal alloys, breakfast food, and electric power. I n addition, it is a large distributing point for western products, especially grain, and is an important center of transportation and communication and wholesale and retail trade. Cameras, camera film, optical goods, surgical instruments, and clothing are the main manufactures of the Rochester District. The Syracuse Metropolitan District contains Syracuse University and the New York State School of Forestry. Its principal industrial products include salt, shoes, pottery, soda, typewriters, and air-conditioning appliances. Copper production is a major activity in the Utica-Rome Metropolitan District. Other important industrial products are textiles, heating and ventilating equipment, air-conditioning and commercial refrigeration equipment, firearms, and clothing. The metropolitan district of Trenton is the largest district located principally in New Jersey. I t is the capital of the State and the seat of numerous State institutions. Its principal manufactures are pottery and wire. The Atlantic City Metropolitan District is one of the most popular resort centers in the United States with its main source of employment in the service trades catering to tourists. Of the metropolitan districts located principally or entirely in Pennsylvania, that of Philadelphia is the largest. The site of many of the nation's first industrial plants, it today produces a great variety of manufactured articles. Among these are textiles, ships, radios, street cars, locomotives, railway equipment, surgical instruments, magazines, and refined sugar. Its port is one of the largest in the United States. I n the metropolitan district of Pittsburgh, second largest in Pennsylvania, steel, pig iron, aluminum, and glass are the principal manufactures. The manufacturing of electrical equipment and cork, and the pickling and preserving of foods follow in importance. I n the Allentown-Bethlehem-Easton Metropolitan District, the principal manufactures are steel, hosiery, mining machinery, zinc, and graphite. The metropolitan district of Altoona is principally a railroad center. Great railroad shops, a large car wheel foundry, a plant for the manufacture of railway rolling stock and loco- Population, Occupied Dwelling Units, and FHA Activity in Middle Atlantic Metropolitan Districts Occupied dwelling units enumerated i n the 1940 Census Estimated increase 1930-40 Population i n 1940 Metropolitan district Number in 1940 Number Albany, N . Y . Binghamton, N . Y . Buffalo, N . Y New York, N . Y.» Rochester, N . Y . Syracuse, N . Y . a Utica, N . Y.a A t l a n t i c C i t y . N . J. Trenton, N . J . . Allentown. Pa. Altoona, Pa. Erie, Pa Harrisburg, Pa. Johnstown. Pa. Lancaster, P a . Philadelphia, Pa. a Pittsburgh, Pa. b Reading, Pa Scranton, Pa. Y o r k , Pa. D i v i s i o n total . __ _ .. __ .. c 140 district total a Occupied dwelling Occupied dwelling o Each column total into adjacent geographic b . _ _ .. . ... Percentage increase, 1940 over 1930 431, 575 145,156 857, 719. 11, 690, 520 411, 970 258, 352. 197,128 100,096 200,128. 325,142 114, 094 134,039. 173, 367 151, 781 132,027. 2, 898, 644 1, 994,060 175, 355 629, 581 92, 627 122, 313 38,055 224, 975. 3,160, 946 113,899 .70, 339. 50,862 28,195 49,124. 83, 648 29,004 .35, 237. 46,411 35, 734 .35, 341754, 722 502,180 46,758. 148,314 25, 605 10.7 11,838 20.2 6, 383 13.8. 27, 233. 17.8 477. 235 13.7 13, 698 9.4. 6,050. 8.4 3,930 5.9 1,572 __ 13.1. 5,6938.5 6, 564 8.4 2,254 . . . 11.3. 3, 566. 5,291 12.9 4, 273 13.6 4, 488- ___-.__14.511.9 80, 380 15.0 65. 410 10.9 4,595 8.2 11,227 3,091 1.3.7 21,113, 361 5, 601, 662 744, 771 15.3 62, 965, 773 17, 220, 831 2, 744, 341 19.0 1- to 4-family home mortgages accepted for F H A insurance, 1935-40 On new homes On all homes Number As a % of all occupied dwellings i n 1940 Number As a % of the 1930-40 increase i n dwellings 0.9 2.7 1.3. 2.0 2.0 4. .6 1.4 1. 7. 1.3 .5 __2. 6. 1.1 1.7 3. 2.9 2.0 8. .4 .5 781 594 2,186. 47, 928 1,828 236. 95 120 514. 311 51 302. 348 315 70. 12,190 6,089 115. 128 44 6.6 9.3 8.0 10.0 13.3 3.9 2.4 7.6 9.0 4.7 2.3 ..8.5 6.6 7.4 1.6 15.2 9.3 2.5 1.1 1.4 108,054 1.9 74, 245 10.0 546, 842 3.2 358, 587 13.1 1,099 1,027 2, 836. 62, 682 2, 246 ..311. 307 402 842_ 1,055 143 924. 509 605 112. 21.879 9, 970 - 359 630 116 u n i t data for 1930 were estimated on a basis approximating the boundaries of the metropolitan district as established i n the 1940 Census. u n i t data for 1930 were estimated on the basis of the boundaries of the metropolitan district as established i n the 1930 Census, is based upon the summation of the figures of the metropolitan districts i n their entirety, including minor district parts w h i c h spill over divisions. 52 motives, and a test shop for locomotives are the principal industries. From the metropolitan district of Erie there come electric locomotives, electric power equipment and appliances, boilers, engines, and gas meters. The port of Erie conducts a large trade in coal and iron ores. The Harrisburg Metropolitan District includes the capital of Pennsylvania and has many persons employed in the State and Federal government service. Its principal product is steel, the raw materials for which are found in the extensive coal and iron mines in the vicinity. The principal product of the Johnstown Metropolitan District also is steel. The Lancaster Metropolitan District produces cork and watches. There are large stockyards, and the city acts as a collection and shipping center for tobacco, grain, and other farm products. The industries of the Reading Metropolitan District produce machinery for the manufacture of full-fashioned hosiery, single-thread lace machinery, glove silk underwear, hosiery, window shades, and alloy steel. The Scranton-Wilkes Barre Metropolitan District is in the heart of the anthracite region in the United States. Its manufactured goods include silk and lace. From the York Metropolitan District come ice-making and air-conditioning machinery, bank safes and vaults, water turbines, auto tire chains, and bakers' machinery. F H A activity. There were 5,601,662 occupied dwelling units of all types enumerated by the 1940 Census in the twenty metropolitan districts located predominantly within the Middle Atlantic Geographic Division. Of these, 108,054, or 1.9 percent, represent small home mortgages accepted for insurance by the F H A through December 31, 1940. This share for the F H A is substantially less than the average of 3.2 percent in all the 140 metropolitan districts of the United States. F H A activity varies among the metropolitan districts of this geographic division. For example, of the occupied dwelling units of all types enumerated within the Lancaster Metropolitan District by the 1940 Census, only 0.3 percent were represented by small home mortgages accepted for insurance by the F H A . I n the Syracuse and Scranton Metropolitan Districts FHA's share was only 0.4 percent, and i t was only 0.5 percent in the Altoona and York Metropolitan Districts. FEDERAL H O U S I N G ADMINISTRATION I n contrast, F H A small home mortgage acceptances represented 2.0 percent of the occupied dwelling units in the metropolitan districts of New York-Northeastern New Jersey, Rochester, and Pittsburgh. I n the Erie Metropolitan District FHA's share was 2.6 percent; in the Binghamton Metropolitan District it was 2.7 percent; and in the Philadelphia Metropolitan District it was 2.9 percent. I n no single metropolitan district in the Middle Atlantic Division, however, did F H A small home mortgage acceptances constitute as large a share of the occupied dwelling units as the average share which F H A has received in all the 140 metropolitan districts of the Nation. Of the 744,771 occupied dwelling units of all types added inside the twenty metropolitan districts of the Middle Atlantic Division during the decade 1930-40 the F H A accounted for 10.0 percent, with 74,245 new home mortgages accepted for insurance during the five years 1935-40. This share for the F H A was smaller than its share of 13.1 percent in all the 140 metropolitan districts of the Nation as a whole. F H A activity reached its highest level among the metropolitan districts of the Middle Atlantic Division in the Philadelphia Metropolitan District in which F H A small home mortgage acceptances accented for 15.2 percent of the dwelling unit addition. F H A activity was at its lowest level in the Scranton-Wilkes Barre Metropolitan District with but 1.1 percent of the dwelling unit addition. Other metropolitan districts in which F H A activity was at a relatively high level include the Rochester Metropolitan District in which F H A acceptances of mortgages on new homes represented 13.3 percent of the occupied dwelling unit additions, the New York-N. E. New Jersey Metropolitan District where FHA's share was 10.0 percent, and the Binghamton and Pittsburgh Metropolitan Districts where F H A accounted for 9.3 percent. Individual metropolitan districts. F H A and Bureau of the Census data are set forth on the following pages for each of the twenty metropolitan districts which are principally or entirely located inside the Middle Atlantic Geographic Division. Some analytical purposes which these data may serve are presented at the beginning of this section. I n the Appendix Glossary there is an explanation of the terms used. 53 HOMES IN METROPOLITAN DISTRICTS ALBANY-SCHENECTADY-TROY METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Area 1940 1930 Number Percent 1940 For sale or rent Increase 1930, estimated by F H A Number N o t for sale or Percent rent Number 1 I n central city Outside central city Metropolitan district Total Percent of total 288,430 143,145 295.867 129.392 -7.437 13.753 -2.5 10.6 82,909 39,404 77.245 33.230 5.664 6.174 18.6 230 572 4.691 I.65O 4.0 431.575 425.259 6,316 1.5 122,313 110,475 11,838 10.7 802 6,341 M 87,830 41,626 129.456 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Number 1935 1936 193 7 1938 1939 1940.. Amount Number 42 120 69.... 22 $230,500 44 1,142,550 215 766,200.. ...126.... 712,300 120 637.260 106 . . . . . . . . . . . . ...170.... .....968,300.. 1935-40 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount ... Projects: Number... Dwelling units $192,150 506.530 337,300•. 103,200 148,232 169,100.. National banks State banks 142 137 1,099 5.913.622 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages Existing homes New homes All homes 24.3 23.3 35.5 19.6 , Mortgage companies Insurance companies Savings banks . . . . . . . . . . . . A l l others 2 J'2 33.8 20.2 .6 12.1 8.0 ....40.3... ....36.9 •5 86 81 76 71 61 to to to to to New homes Existing homes 41.7 23.4 ....25.2... 90 85 80 75 70 5 'J 6... 50 or less Total All homes 19.3 73-7.-H . . . . 3 3 . 8 15.8 7.5 2.6 3.3 2.6... .9 5.3 100.0 Total Average FHA value of property Average FHA value of land $367 $3,275 3.5 5-2. . . . 4 , 3 6 7 . . . . . . . . 4 o 6 502 5.389 17.3 768 6,683 48.6 ....994...., ....18. 5 .J . . . 8 , 5 5 2 1.530 6.9 12.333 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 100.0 A l l groups: 1940 1939 1938 100.0 19.5 38.8 6.3 6.958 7.175 7.389 5.371 6,689 11,500a 6,500 6,571 6.959 784 859 911 New homes Existing homes 52.6 3*. 7 66.7 19.4 12.7 5.6 100.0 100.0 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 11.2 9.3 11.5 11.6 12.4 A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 11.3 12.0 12.3 15.3 13.8 15.2 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes New homes 4 5 6 7 rooms or less rooms rooms. rooms or more Existing homes 22.0 8.3 27.2 11.1 ....37.0.... ....36.1 13.8 44.5 Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Land as a percent of property value 10.7 a $375a ....492..... ....11.1 12.8 686 16;3 1,088 11.1 a ....963a... a 2 4.1» 2.767 997 908 1.058 100.0 Number of rooms Wood Brick Stucco Other 17.4 70.4 12,2 Percent distribution 100.0 Total Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 100.0 100.0 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage 100.0 Table 8—Material of construction, 1940 Table 7—Capacity of garage, 1940 _ A l l groups: 1940 1939 1938 Note; A glossary o f terms used i s included i n the Appendix. * Computation based on fewer than 6 cases. Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property 361 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Amount $422,650 1,649,080 ...1,103,500 815,500 785.492 86 335 1,456,512 318 Type of institution originating mortgages 2 $1,460,000 Garage and car capacity Number Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 8 4,457,110 781 A l l homes Existing homes New homes Year Percent bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 22.4* 1.7 2.57a $ 23.33a 9.4 2.80 22.7 33.69 . . . 1 7 . 0 . . . . . -59.00... i . . . . 2 . 4 6 . . . . . . . . 2 0 . 6 2.30 46.27 20.3 12.9 38.0 54.65 2.17 19.3 ...IO.5.. ,...59.72... ....16.2 10.5 73.61 11.5 1.31 100.0 - 50.94 53.52 5&-S7 2.00 2.11 2.04 - _ 17.5 18.9 18.1 _ 21.0 a 2.49 a 8.3 $ 33.00» ...11.1.. ....31.00*. I....2.06a . . . . . I 7 . 5 a 25.0 2.12 18.0 41.89 1.87 5^.67 18.9 33-* 17.5 a 1.46* ....8.3.. ,...65.00*. 1 . 5 4 a 14.8 a 83.OOa 13.9 100.0 51.83 53.21 53.80 1.83 1.7* 1.75 17.5 16.8 16.1 FEDERAL 54 BINGHAMTON METROPOLITAN HOUSING ADMINISTRATION DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city.. Outside central city Metropolitan district Percent 1940 78.309 66.847 76,662 53.343 1,647 13.504 2.1 25-3 20,548 17.507 145,156 130,005 15.151 11.7 38.055 | For sale or rent Increase Not for sale or Percent rent Number 18,819 12.853 1.729 4.654 9-2 36.2 58 173 l,l6l 864 5-3 4.7 21,767 18,544 31.672 6,383 20.2 231 2,025 5.0 40,311 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I New homes Number Table 3—Volume of Title I Notes insured 1935 1936 193 7 1938 1939 1935-40 Mortgages: Number Amount Projects: Number Dwelling units Number Amount $ 250,500 977,440 1934-35 1936 1,039,487 798,721 1938 1939 594 2,785.538 1.714.590 4,500,128 433 Type of institution originating mortgages All homes 62.2 25.4 39.2 37-9 56.O 28.8 _ _ Wood Brick Other Total Table 10.—Averages by property value groups for 1-family homes, 1940 1.0 .26.3. 33-3 3f-3 ..6.1. 1.0 100.0 7-6 30.8 .28.2. 10.3 15.4 ..2.6, 5.1 to to to to to Average FHA value of land Average FHA value of property a $ 3.500 ...4,536.. 5,3*5 6,418 . . . 8 , 4 1 3 .a. 12,000 5.714 7.175 5.674 Land as a percent of property value 10.0 a $ 350* ...429.. 552 733 .1,175.2,500a ..9.5 10.3 11.4 .14.0 20.8 a 11.1 633 859 713 a $ 2.517 3.338 ...4,389.. 5.313a 6.392 ...9.500a 10,250 a 12.0 12.6 17.2 a $433* ..650 750a | 13.0 14.8 .14.8 14.1a 1,025 ! 16.0 ..2,200*. 2,200a 23.2a 21.5a 100.0 New homes 50 or less Existing homes 2.0 100.0 Total All homes 1.3 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 71.7 14.1 76.9 5.1 7.1 5.1 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms . . . . . . . • . • • . . • • . rooms or more 15.2 35.3 39-4... 10.1 100.0 Total Existing homes 25.6 38.5 30.8 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . , 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 754 4,756 15.9 1939 908 6,571 13.8 1938 872 5.038 17.3 Hote: A glossary o f t e r n s used i s included i n the Appendix. * Computation based on fever than 6 cases. A l l groups: 1940 1939 1938 2.203.771 21.4 31.0 11.0 16.0 ....23.0... ....62.2... ....35.2 13.0 20.0 15-2 10.0 4.5 8.3 90 85 80 75 70 100.0 New homes 100.0 Percent distribution 7.2 6.8 1.2 86 81 76 71 61 Exterior material 66.2 17.2 •7 $ 641,861 513,810 159.811 304,453 293,662 Percent distribution 1- to 4family homes Percent distribution 1-family homes Percent distribution all 1- to 4-family homes F H A valuation of property _ 100.0 4,822 Amount of mortgage as a percent of F H A valuation of property Table 8—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Total Existing homes 100.0 663 685 743... Amount Table 6.—Mortgage as a percent of value, 1940 New homes 7.1 7.5 4.4... ....13.3... 2.1 •9 1,344 1,137 1934-40 Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns . . . . Mortgage companies Insurance companies Savings banks A l l others No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage 1,027 Table 5.—Type of originating mortgagee, 1940 Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . , 10,000 or more Number Amount $148,850 58 473,750 228 4l4,4oo... L . . . . I 9 6 . . . 234 320.390 183 215.700 Hone New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more Number Year $ 101,650 36 503.690 121 456,180... . . . . I O 5 . . . . 80 719.097 583.021 55 36.... Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity A l l homes 22 107 91.... 154 128 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes Amount Percent of total Number Mortgages on 1- to 4-family homes Year Total 1930, estimated by F H A Percent distribution 3.0 18.2 .37.4. 17.1 14.1 ..5.1. 5.1 100.0 IO.3 25.7 .17.9. 5.1 23.1 ..5.1. 12.8 100.0 Average gross monthly payment $ 27.67a 31.72 ..38.22... 40.71 46.00 ..59.20^ 61.40a 40.47 41.17 42.94 Ratio of property value to income 3.44 a 2.70 .2.36.. 2.21 1.92 .1.76^ 1.34 a Gross payment as a percent of income 23.9* 21.9 ,.20.3 18.0 16.9 .16.2* 12.1 a 2.15 2.20 18.3 2.08 18.6 $20.75* 28.20 ..31.57... 45.00 a 45.44 . . 4 8 . 0 0 a., 70.20 a 2.2ia 2.20 ,.1.91.. ,.17.2 1.36» l4.9a 39-28 40.29 41.30 1.68 16.6 1.60 15.5 1.80 a 1.50 . . 1 . 4 4 a. 1.86 18.8 a 19.2 19.8® 16.1 ..14.4 a 18.1 55 HOMES I N METROPOLITAN DISTRICTS MAN I EMETROPOLITANDISTRICT PORTLAND, Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 653.930 203,789 648,536 172,037 5.39* 31.752 0.8 18.5 172,260 52.715 857.719 820,573 37.1*6 *-5 224.975 1 For sale or rent Increase N o t for sale or Percent rent 1930, estimated by F H A Number 157.451 40,291 14,809 12,424 9-* 30. 8 197.7*2 27.233 13.8 Percent of total 536 1,020 5.928 1.5*7 3.3 2.8 178,724 55.282 1.556 7.*75 3.2 234,006 Table 3—Volume of Title I Notes insured Table 2 — N e t volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year 1935 1936 193 7 1938 1939 1940.... $ 184,650 55 915.299 179 1,113,686.. , . . . 1 1 0 2,148,940 143 2,680,296 115 ....3.^75.300.. 2,186 1935-40 10,518,171 $ 231,400 $ 416,050 92 707.904 1,623,203 357 ,....513,226... ,....315... 1,626,912 581 648,777 2.797.717 680 3,114,991 434,695 8 1 1 . . . ....3.675.500 2,736,202 650 Type of institution originating mortgages $ 1,048,000 3 240 New homes Total 100.0 Wood Brick Stucco Other 19.7 71.U ..8.9 A l l groups: 1940 1939 1938 Hote: Average FHA value of property 100.0 Average FHA value of land • 120® 0.3 $ 2,758® 3*1 3.*78 6.8 ...32.8... ....4,528... ....427 506 5.376 34.6 6.55* 22.3 655 . . . . 2 . 6 . . . . . . . 8 , 6 5 1 . . . ..1,040 2,190® 14.000® .6 5.363 5.687 5.806 Land as a percent of property value 4.4® 9.8 9.4 9.4 10.0 ...12.0 15.6® 22.2® $ 517 a • 2,333® 14.0 18.8 498 3.5*5 ...15-2 ...24.5... . . . . * , * 5 * . . . ....675 15.3 20.8 836 5,460 10.9 22.6 706 6.473 ..1,250®.... ...13.6® 18.3® 13.625® 2,500® 3.8 5.353 U.987 5.333 764 799 880 A glossary of term* used i s Included In the Appendix. 9.8 11.2 12.4 525 638 718 5.7 100.0 Percent distribution 1- to 4family homes New homes 14.3 16.0 I6.5 a Existing homes All homes 62.3 58.7 16.6 15.5 ,...12.4... ...71.2... ...15.8 11.9 5.2 5.7 3.0 13.5 2.2 Total •3 1.7 •3 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 55.3 33-* 2.2..., 9.1 Total 100.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 6 0 . . . 50 or less 100.0 New homes Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,99^ 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Amount of mortgage as a percent of F H A valuation of property Exterior material Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more 100.0 6.868,562 Table 6—Mortgage as a percent of value, 1940 .,, homes Existing homes $ 1.199.375 1.211,773 ....300,291 1,163,200 1.390.072 ..1,603,851 16,632 13.25U.373 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Percent distribution 3.086 2.883 ...609. 2.961 3.379 •3.71W. 1934r-35 1936 1937.... 1938 1939 1940.... Table 8—Material of construction, 1940 Table 7—Capacity of garage, 1940 F H A valuation of property 2.836 1.9 National banks 2.0 17.5 State banks 16.4 33.2 Savings and loan assns..... . . . 3 8 . 1 . . . , . . . 1 8 . 4 . . . , . . . 3 6 . 8 4.4 Mortgage companies 14.6 I3.9 Insurance companies 7.0 7.2 10.3 Savings banks ,...21.1... ,...27.8... ...21.6 A l l others 1.1 .8 5.9 3 No garage 1-car garage 2-car garage . . 3-car garage Amount Percent distribution of amount of 1- to 4-family home mortgages Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity A l l homes Number Table 5—Type of originating mortgagee, 1940 Table 4.—Rental projects Mortgages: NumberAmount Projects: Number Dwelling units Amount Number Amount 37 178 205... 438 5f5 Total 1935-40 Existing homes New homes Number Total Number 77.3 15.1 1.9 5.7 New homes 4 5 6 7 100.0 rooms or less rooms rooms rooms or more Existing homes 23.3 1.9 39.6 18.9 ....32.6.... ....47.2 32.0 *.5 Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more Percent distribution 1.8 27.9 .34.8. 16.1 12.8 ..4.1. 2.5 A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more 100.0 A l l groups: 1940 1939 100.0 Computation based on fever than 6 cases. Average gross monthly payment Ratio of property value to $ 25-21 31.67 ..37.64., 68.25 2.74 2.55 .2.37.. 2.11 1.89 .1.54.. 1.41 38.81 39.63 41.72 2.19 2.10 to. 41 47.41 ..51.9^. $ 28.00» 31.11 17.0 .26.4.. . . . 3 5 . 1 * . . . 40.50 15.1 48.11 17.0 . . 7 . 5 . . ...52.00®. 70.50 15.1 1.9 43.9U 40.24 40.71 2.16 2.43® 2.10 .1.97... 1.90 1.83 .1.47a.. 1.24 1.68 1.85 1.72 Gross payment as a percent of income 22.4 21.4 .20.5 I8.3 16.8 .14.4 13.2 18.8 18.6 18.3 23.3 20.4 .19.3 a 18.1 17.0 .i5.oa 13.0 16.5 18.0 16.3 FEDERAL HOUSING ADMINISTRATION 56 NEW YORK - NORTHEASTERN NEW JERSEY* METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 Number Percent 1940 For sale or rent Not for sale or Percent rent Number 7.942.600 2.963.732 492,896 291.292 6.2 9-8 2.306,635 854,311 1.966.537 717.174 340.098 137,137 17-3 19.1 8.743 17.163 174,210 64,418 7.0 6.9 2,489,588 935.892 ll.690.520 10,906,332 784,188 7.2 3.160.946 2,683,711 477,235 17.8 25.906 238,628 7.0 3,425,480 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year Number Property improvement notes Existing homes New homes Number Amount Amount A l l homes Number Year Number Amount $9,610,700 $7,772,450 $17,383,150 1.763 8,824 17.582.671 28.065.924 45,648,595 3.542 . . . 2 8 . 7 1 8 . 4 5 5 . . . . . 2 . 6 3 9 . . . . . 1 3 , 1 8 2 , 4 7 9 . . . . . . 8 , 2 0 2 . . . ..41,900,934 13.668 "lO " 55.996.269 14.972.237 70.968,506 3,122 13.370 59.805.657 8.824,269 68.629.926 I.865 11.505 . . 1 3 . 5 9 6 . . . . . . 6 9 . 6 2 9 . 2 p 0 . . . . . 1 , 8 2 3 . . . • . . 8 , 7 6 9 . 9 5 3 - • • . . 1 5 , 4 1 9 . . • .•78,399.153 1.436 5.282 1935 1936 193 7 1938 1939 1940 1935-40 47.928 249.987.955 Mortgages: Number Amount Projects: Number Dwelling units 14.754 72.942,309 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages , $35,826,500 50 New homes 8.768 Total 100.0 Table 7—Capacity of garage, 1940 Total Existing homes 16.7 18.1 8.6 30.2 5.4 6.4... ,...20.2 .8 2.5 27.2 3*8... % 25.2 48.1 Other Total 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . . 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . 10,000 or more A l l groups: 1940 1939 1938 Percent distribution Average FHA value of property Average FHA value of land Land as a percent of property value 0.2 2.6 $2,831 $346 432 ...587.. 758 1.057 12.2 12.1 .13-9. 29.9 46.8 ..5.1. 1.5 100.0 1.9 9.0 .18.1. 22.6 ..SI 9.7 ...I'JW., ...8,551. 12,021 6.033 6,187 6.403 $2,443 3.475 ...4,389. 5.364 6.713 ...8,611. 12.824 100.0 6,581 .1,521.. 8.0 100.0 .17.8 19.6 929 1,030 1.166 15.4 16.6 18.2 ...802.. 15.2 17.4 .18.3 1,341 .1.892*. ..22.0 $372 603 1,000 3.006 1.296 1.405 1,566 51.6 20.1 21.2 18.6 20.0 23.4 20.3 21.9 g 3.8 l f t t « ! A C10SMI7 o f U r n » M d &• i t t l o t o d l a Xhm J p p m d l z . ' l a s t e d * K«v Jmt Igr tha IHA oa t t o b u l l o f tkm b o u i i r l n o f U » 19*0 M t r o p o l i t a a d i s t r i c t . Total 100.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Existing homes 100.0 .13.0 14.0 16.1 2.358 All homes Number of rooms New homes Wood Brick Existing homes 66.2 58.1 12.2 13.9 ....10.2... ,...57.1... ,...15.8 6.1 4.2 19.2 5.3 3.7 16.1 1.2... .....4.7... ....1.6 .6 •9 2.9 to 90 to 85 to 80 to 75 to 70 to 60 or less 100.0 New homes Percent distribution l-family homes Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property 86 81 76 71 61 51 50 Exterior material 13.3 79.6 6.9 .2 224,454.291 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property All homes 28.4 100.0 414.745 Table 6.—Mortgage as a percent of value, 1940 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes N o garage 1-car garage 2-car garage . . . . • . . . • • . 3-car garage 1934-40 Percent distribution of amount of 1- to 4-family home mortgages National banks 15.1 State banks 16.8 Savings and loan assns..... . . . . . 9 . 3 . . . Mortgage companies 30.8 Insurance companies 5.2 Savings banks. ,...22.1... A l l others •7 51 Garage and car capacity 322,930,264 62,682 Amount 126,532 $55,183,793 105,111 55.465.587 ..23.107... ...14,808.970 46.103 28.914.952 51.731 32,821.644 . . 6 2 , 1 6 1 . . . ...37,239.345 1934-35 1936 1937 1938 1939 1940 Table 5.—Type of originating mortgagee, 1940 Table 4—Rental projects Total 1935-40 Total Percent of total Number 8.435,496 3,255,024 I n central city Outside central city Metropolitan district 1930, a estimated by F H A 1930* Increase New homes 4 5 6 7 22.4 35-1 37.3... 5.2 rooms or less rooms rooms rooms or more Total 100.0 Existing homes 4.7 16.2 48.7 30.4 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499...., 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . , 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Percent distribution 0.5 11.5 ....24.5. 18.9 8.6. 7.1 100.0 0.8 8.4 ..15.0. 14.2 28.8 ..12.5. 20.3 100.0 Average gross monthly payment Ratio of property value to income $28.30 33-78 ..39.87.. 3.17 2.63 .2.43.. 2.17 1.91 43.50 49.20 ,..55.58.. 64.19 45.57 47.00 49.25 .1.61.. 1.26 1.96 1.93 1.91 $24.80 2.33 32.27 2.32 ,..36.49... ....2.10.. 41.26 1.94 47.71 1.77 ...56.73... ....1.61., 80.15 1.19 51.36 51.69 52.72 0i%7, I L l a a t o U , J f f M j r C i t y . K w k , mt i:S 1.57 Pattarsoa. Gross payment as a percent of income 24.8 22. S ....21.4 19.4 17.6 ....15.2 12.0 17.8 17.6 17.7 22.5 21.6 .19.7 18.3 16.8 ..15.4 11.8 15.2 15.7 15.1 *l«tiaat«d for MJ0 57 HOMES IN METROPOLITAN DISTRICTS ALBANY-SCHENECTADY-TROY METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 324.975 86,995 328,132 70,459 -3.157 16.536 -1.0 23.5 90,032 23.867 411,970 398.591 13.379 3.4 113.899 ! For sale or rent Increase 1930, estimated by F H A Not for sale or Percent rent Number 82,033 18,168 7.999 5.699 9.8 31.4 100,201 13.698 13.7 Percent of total 274 328 3.574 1,803 3.8 6.9 602 5.577 M<)rtgages on 1- to 4-family homes Number Amount 46 223 1935 1936 326 447 1938 1939 1940. Number $ 217,600 1,078,342 1,127,240... 1,599,000 2.144.699 43 122 q6.... 8,818,081 418 P 61 Amount $ 181,450 478,657 3I19 000 173.100 226,050 51... 1,828 1935-40 Mortgages: Number Amount Projects: Number. Dwelling units Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages Total New homes 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 Or more A l l groups: 1940 1939 R... 2,246 Existing homes Wood Brick Amount of mortgage as a percent of F H A valuation of property * All homes 86 81 76 71 61 to to to to to Percent distribution Average FHA value of property 3.0 .25.5. 40.0 27.1 ..3.3. 1.1 $ 3.721 ...4,560., 5.496 6,447 ...7,637.. 13.409 100.0 5,616 5.568 5.801 12.1 27.6 .25.9. 10.3 17.2 ..5.2. 1.7 100.0 New homes $ 2,186 3.456 ...4,333... 5.158 7.160 ...8,858*., 10,000* Average FHA value of land $384 ...438., 505 651 Land as a percent of property value 10.3 ..9.6 9.2 10.1 .17.1 18.4 571 615 710 $3lU 525 ,...548., 550 890 ...967*. 3,ooo* 10.2 11.0 12.2 14.4 15.2 .12.6 10.7 12.4 .10.9* 30.0* Existing homes All homes 66.4 60.7 18.4 16.7 9 . 3 . . . .."..73.8... . . . . 1 4 . 7 3.8 13.1 2.8 13.1 3.5 2.4 90 85 8tt 75 70 .2 Total 100.0 .1 - 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Existing homes 71.2 7.3 72.4 6.9 100.0 100.0 New homes 4 5 6 7 Existing homes 20.6 3.4 40.9 13.8 ....34.6... ....56.9 3.9 25.9 rooms or less rooms rooms rooms or more Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 4.737 637 1939 5.100 853 1.208 5,603 Note; A glossary o f terms used i s included i n the Appendix. * Computation based on fewer than 6 cases. Percent distribution 1- to 4family homes 50 or less 12.1 Total M43.655 Number of rooms Other .2 11.430 Table 6.—Mortgage as a percent of value, 1940 _Q_ "I 100.0 $ 593.163 559.663 ...159.320 877.161 856.197 .1,096,151 194a. 100.0 New homes 5.4 85.I ...398. 2.272 2,390 .3,144. 1.568 10,408,738 11.6 9.6 22.6 33.0 7.4... ....21.7 24.1 18.5 12.0 1.9 22.3... ....15.3 100.0 Amount 1.658 1934-35 1936 193 7 1938 $ 399.050 1.556.999 1 476 240 1,772.100 2.370,749 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 89 345 m0. . . 371 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Total Number Amount Table 8—Material of construction, 1940 Table 7—Capacity of garage, 1940 N o garage 1-car garage 2-car garage . . . . . . . . . . . 3-car garage Number Year Percent distribution of amount of 1- to 4-family home mortgages National banks 9.4 State banks 33.9 Savings and loan assns ....22.9... Mortgage companies 18.0 Insurance companies 1.1 Savings b a n k s . . . • « . . . • • • • . . . . 1 4 . 7 . . . A l l others Hone Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 1.590.657 119.878 Property improvement notes Existing homes New homes 93,880 25,998 Table 3.—Volume of Title I Notes insured Table 2 — N e t volume of mortgages accepted for FHA insurance under Section 203 of Title I I Year Total Number Percent distribution 1.6 25.9 ..34.6.. 19.5 13.2 ...2.6.. 2.6 100.0 3.6 27.3 ,.32.7.. 10.9 16.4 ...7.3.. 1.8 100.0 Average gross monthly payment $ 28.22 34.50 ..38.07.. 41.44 46.11 Ratio of property valiiG to income 2.93 2.6§ 72.73 .2.45.. 2.14 1.89 .1.77.. 1.36 40.07 39.12 41.44 2.19 2.09 ..55.13- $26.00* 28.93 ...34.11.., 40.00 46.22 ...55.50*., 87.00* 37.55 40.93 51.14 2.22 2.42* 1.77 .1.87., I.65 1.96 Gross payment as a percent of income 24.7 23.O ..20.8 18.4 16.5 ..15.5 11.9 19.1 18.5 17.8 21.6* 19.0 ,.19.1 17.8 17.0 .1.69* .14.8* 10.4* 1.77 1.69 17.4 16.5 1.00* 1.88 20.7 58 FEDERAL HOUSING ADMINISTRATION SYRACUSE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1930 a 1940 Number I n central city Outside central city Metropolitan district Percent 1940 205.967 52.385 209.326 *7.375 -3.359 5,010 -1.6 10.6 57.009 13.330 258,352 256.701 1.651 .6 70.339 i Increase 1930,a estimated by FHA Number 53.034 11.255 2.075 64,289 6,050 For sale or rent Not for sale or Percent rent 3.975 I K 9.* Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Number 137 58 2.458 350 4.1 2-5 59.604 13.738 195 2,808 3.8 73.3^ Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes New homes Year 1935 1936 4 21 1938 1939 46 69 1935-40 Number 1,308,700 385.500 75 Mortgages T y P e o f institution originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks All others * New homes 2.2 1.7... 3.9 36.4 -•1:1100.0 Percent distribution all 1- to 4-family homes 1934-35 1936 1,694,200 3U Wood Brick 7^5 .17.6 Other Total Percent distribution 1.4 .13.1.. 24.6 47.8 .10.2., 2.9 100.0 7-2 ..7.221.4 1^-3 .28.5. 21.4 Existing homes 17.0 6.4 2.4 3.7 34.3 1934—40 Average FHA value of property $3,700® ..4,450.. 5.256 6.889 ...8.679.. 11,500® 6.438 6,471 7.456 $3,500® ...4,500®. 5.350® 6,875 ...8,938®. 11,167® Average FHA value of land Land as a percent of property value 6.8® .10.5 *35 773 ...943., 1.250® 8.3 11.2 .10.9 10.9® 674 706 893 10.5 $6oo® 17.1® .16.7c 10.6® 11.6 c ,.18.0® 16.4C ...jjj. 800® .1.606®.. 1.833® 10.9 12.0 3.144,496 8.469 Amount of mortgage as a percent of FHA valuation of property 86 81 76 71 61 Percent distribution 1- to 4family homes New homes Existing homes All homes 42.4 52.2 U.6 9.4 ....23.2... ....68.8... ....31.8 8.2 I8.7 12.5 5.9 to 90 to 85 to 80 to 75 to 70 IS ....30.9 5.3 100.0 b $ 572.216 586,347 120,703 1.366 499.832 1.576 588,637 ...2,121... ..,..776,761 Table 6.—Mortgage as a percent of value, 1940 All homes 34.2 24.45-r... 2.9 25.2 8.0... Amount 1.667 1,411 1938 1939 194 0 50 or less 100.0 - Total 100.0 100.0 b 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999..., 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . , 10,000 or more $57,400 224,000 165,100 341.950 430,000 475,750 Percent distribution 1-family homes Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more Number Table 8—Material of construction, 1940 Table 7—Capacity of garage, 1940 F H A valuation of property ' Year Amount Percent distribution of amount of 1- to 4-family home mortgages 12.9 Total No garage 1-car garage 2-car garage - •« 3-car garage Number Table 5.—Type of originating mortgagee, 1940 ^ Z t ^ ? or 210 of Title I I Garage and car capacity Amount 6 10 $33,500 105,650 40 19 ....ll ....49,900 • — 30 68,450 273.500 14 60 62,700 367.300 82 13 450.. . . . . 1 2 . . . . . . . . 6 5 , 3 0 0 . . . . . . . . . 8 9 . . . . 236 Mortgages: Number Amount Projects: Number Dwelling units All homes $23,900 118,350 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes Amount Number Total Percent of total Number of rooms New homes Existing homes 82.6 7.3 71.4 14.3 10.1 1H.3 100.0 100.0® New homes 4 5 6 7 Existing homes 17.4 2lT4 30.4 ....47.8.... ....21.4 4.4 57.2 rooms or less rooms rooms rooms or more 100.0 Total 100.0* Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 2.64 c 22.3® 2.86 21.3 . . . . 2 . W . . . . ....20.2 ...26.1... 2.41 23.2 19.0 18.8 I8.5 51.15 2.09 ...13.0... ...62.00.... ....1.92.... ....16.6 60.50c 12.7® 1.34c 2.9 $ 26.00° 30.80 100.0 44*. 26 52.12 2.25 2.13 1.97 18. 5 17.5 16.9 . . . 1 4 T 3 . . . . $ 33.00 c . . . ....19%® l.94c 39.00 c 18.2® 49.75® l.99c 28.6 18.2 c ...14.3... . . . 5 6 . 5 0 * . , ....1.90c... ....16.1® 11.3 c 82.60 c 35.7 1.19® 100.0 * A l l groups: 1940 1,184 7.646 1.49 59.29 13.9 1.127 1939 o,871 50.57 16.9 1.92 856 1938 42.33 17.7 5.913 1.95 lote: • glossary of t e n s used l i included In the Appendix. * l s t i a a t « d for 1930 by the THi on the basis of the boundaries of the 1940 aetropolitai c district. Distribution based on fever than 26 cases. Computation bated on fever than 6 cases. A l l groups: 1940 1939 1938 100.0 * \tt HOMES IN METROPOLITAN DISTRICTS 59 JACKSONVILLEMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area Number I n central city Outside central city Metropolitan district 1930,a estimated by F H A 1930 a 1940 Percent 65* 1940 13*.732 62,396 13*.078 61.899 497 0.5 .8 3*.758 16,10* 31.592 15,3*0 197,128 195.977 1,151 .6 50,862 46,932 For sale or rent Increase Number 1 N o t for sale or Percent rent 3.166 764 10.0 127 160 1,300 5.0 638 3.6 3.8 36,185 16,902 3,930 8.4 287 1,938 3.7 53,087 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number 1935 1936 193 7 1938 1939 1935-40 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others Table 7.—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more A l l groups: 1940 1939 31 120 *3• • • • 48 3* 31*•• • $ 129,850 506,690 158,400 208,100 178,300 307 1,314,540 1934-35 1936 193 7 1938 1939 1940.... New homes Existing homes All homes 12.9 40.2 22.4 42.2 27*6 ...23.8.... ...29.9.... ....25.9 100.0 Wood Brick Stucco Other 5.1 ..9.1... 9.1 100.0 15 7.2 35.7 ..35.7.. Average FHA value of property Average FHA value of land . $ 4 , 4 0 0 C, 5.255 6,500° . . . 8,300 c, *86 650° ...850° 10,875C 1,350° 620 836 6,152 7,639 5.989 $ 2,800 697 c 3,4OOC ...4,360C. 7,800 c "i*.2** ii,ooo c 100.0* 5,100 7.2 • $ *33 • Land as a percent of property value ..9.8° 9.2 10.0° .10.2° 12.*° 10.1 10.9 11.6 $ 250 c 8.9° 59*° 17.5° .13.3° ...580° 1,500° 1,650° 19.2° 15.0° 780 15.3 5.2*4 78* 15.0 4,360 810 18.6 $*3S.3S 7 396,987 ...105,23* 350,5*7 Uoo.597 ..0195.79* 5,160 2,187.5*6 Percent distribution 1- to 4family homes New homes 40.9 27.3 ...18.2 9.1 *.5 Total 100.0 Existing homes All homes 23.1 15.* ...35.3.... ....25.6 17.6 12.8 41.2 20.5 - 5-9 100.0* 100.0 b 2.6 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms New homes Existing homes 59.1 9.1 85.7 4.5.... Total 100.0 50.0 18.2 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Exterior material 15.4 .13.6... Amount of mortgage as a percent of F H A valuation of property Percent distribution 1-family homes 20.5 59.0 Percent distribution 100.0* 1,05* 877 ,...183.. 83* 9*2 ..1,270. Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Number Amount Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total Number ...21.1.... ...29.9.... ....24.1 Total No garage 1-car garage 2-car garage 3-car garage $ 98,500 351.250 141,800 97,700 58,600 789,850 Type of institution originating mortgages None Garage and car capacity Amount A l l homes Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units 26 93 4o.... 26 15 212 52*,690 95 Table 4.—Rental projects Total 1935-40 Number $31,350 155,4*0 16,600... 110,*00 119,700 5 27 3 22 19 Property improvement notes Existing homes Amount Total Percent of total Number 27.3 1*.3 100. o b 100.0* New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 18.2 36.* 7-1 ....36.*.... ....50.0 9.0 *2.9 100.0B Total 100.0B Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . , 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . , 5,000 or more A l l groups: 1940 1939 1938 Percent distribution 36.4 .22.8... *.5 27.3 ..*.5... *.5 100.0* 21.5 •IttI*.3 ..7.1 7.1 100.0* Average gross monthly payment $33.88 ,..33.80°.. 39.00° *5.50 ..73.00°. 69.00° 4O.64 48.67 42.50 $32.33° ...32.00°. 35.50° *5.00° 58.00°.. 86.00° 4o.l4 37.2* 35.00 Ratio of property value to income 2.77 .2.36°.. 2.01° 2.05 .2.*5°.. 1.82° 2.29 2.26 2.21 2.00C .1.66° . 1.63° 1.78° .2.62 c. Gross payment as a percent of income 22.4 .18.2° 17.1° 16.2 .18.3° 15.1° 18.2 17.8 18.7 21.6 c .17.2° 16.9° 16.3° .16.6® 1.20° 11.2° 1.71 1.83 16.9 16.2 1.60 Note: A glossary of terns used I s Included In the Appendix. a Estimated for 1930 by the JHA on the basis of the boundaries of the 19*0 aetropolitan district. * Distribution based on fewer than 26 cases. c Computation based on fewer than 6 cases. 4 6 3 5 6 0 O - 42 - 5 FEDERAL HOUSING ADMINISTRATION 60 ATLANTIC CITY METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 Number I n central city.... Outside central city.... Metropolitan district 1930, estimated by F H A 1930 Percent 1940 64,094 36,002 66,198 35.826 -2,104 176 -3.2 •5 17.795 10.400 100,096 102,024 -1,928 -1.9 28,195 j Increase Number For sale or rent N o t for sale or Percent rent Number 16,851 9.772 944 628 5.6 6.4 442 1,404 3.911 7,300 17.7 38.2 22,148 19,104 26,623 1,572 5.9 1,846 11,211 27.2 41,252 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Property improvement notes Mortgages on 1- to 4-family homes Year Existing homes New homes Number Amount Number $ 20,650 4 54.350 11 , . . . . 1 8 . . . . ^....96,300.... 160,500 32 122.400 23 1935 1936 1938 1939 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages $ 136.550 279.890 ,....293,800 370.300 220,800 402 1.569,840 Existing homes 1 261 100.0 Garage and car capacity Total All homes New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 65.7 2.8 Other 32.3 8.6 100.0 100.0 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more A l l groups: 1940 1939 100.0 Average FHA value of property Average FHA value of land Land as a percent of property value $ 3,500* .4,525®.. 5.461 6,502 ..8,063*.. 11.525* $ 400* 11.4* .11.3* 13.3 13.1 ...510* . 729 855 .1,225*.. 2,000* .15.2* 17.4* 794 1,087 769 13.4 16.5 13.3 $342 435 ...525* 592 990 .12.8* 28.6 $2,158 3.250 ...4,100® 5,208 6,585 2.9 10,000* 2,500* 25.0* 17.1 28.6 ..5.7. 17.1 5.935 6.598 5.799 669 4,593 666 4.218 4,213 669 A gloaaary of t a r n s used i a Included, i n the Appendix. * 15.8 13.4 11.4 15.0 Existing homes All homes 30.1 62.8 1.4 2.9 ....17.1... ,...60.5... ....39.7 10.5 6.8 2.9 10.5 11.0 11.4 ....IO.5... 5.5 8.0 5.5 2.9 -.... 100.0 Total 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Existing homes 61.8 5.9 Total 1.715.079 Percent distribution 1- to 4family homes New homes to 90 to 85 to 80 to 75 to 70 to 60 or less 100.0 Wood Brick 100.0 $344,333 322,436 ....98,229 194,614 334,366 ...421,101 Number of rooms New homes 1:1 2.9 .14.7.. 41.2 32.4 ..5.9.. 2.9 86 81 76 71 61 51 50 Exterior material 13.7 72.6 i p . -i Percent distribution F H A valuation of property Percent distribution l - f a m i l y homes Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property UOO 593 .737. Amount of mortgage Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes N o garage 1-car garage 2-car ^rfligc 3-car garage 100.0 .188.. 3.542 Percent distribution of amount of 1- to 4-family home mortgages New homes 857 767 1934-35 1936 1937 - . . . 1938 1939 1940 . . . . Table 6.—Mortgage as a percent of value, 1940 Vs Table 7.—Capacity of garage, 1940 Amount 34 74 71 101 58 71.8 66.6 National banks 6.3 7.4 State banks Savings and loan assns..... , . . . 1 9 . 5 . . . . . . . 1 2 . 5 . . . . . . . 1 6 . 5 3.8 Mortgage companies 3-8 3.7 1.6 Insurance companies 2.7 Savings banks . . . . . . . . . . . A l l others - 1 $ 875.000 Total Iota: Number Amount $ 115.900 225,540 197,500.... L 209,800 98,400 958,240 282 All homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 35 611,600 120 1935-40 f 63 R!.... 53. Total Percent of total 4 5 6 7 rooms or less rooms rooms rooms or more Total New homes Existing homes 23.5 20.6 ....41.2... 14.7 20.0 37-1 42.9 100 .p 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 14.6 1939 15.8 1938 1?*9 Computation baaed on fewer than 6 caaea. Percent distribution 3.1 .25.0... 18.8 40.6 12.5 Average gross monthly payment Ratio of property value to $26.00* ...41.25... 40.67 46.69 1.76* .2.44., 2.05 1.87 58.50* 45.03 52.07 44.24 3.0 $ 17.00* 12.1 26.75a .27.3... ...25.56... 3 2.00* 6.1 46.67* 9.1 .24.2... ...42.88... 64.33 18.2 100.0 39.OO 36.18 38.37 .95* 1.73 1.31 1.46 1.60* 2.07* .1.42... 1.54* 1.88 * .1.10... 1.12 1.31 1.26 1.00 Gross payment as a percent of income 15.7 8 .21.6 19.0 16.7 9.1* 15.7 12.4 13.4 16.4* 18.8* .13.9 14.0* 17.5 a .11.6 12.5 13.4 12.9 10.7 61 HOMES IN METROPOLITAN DISTRICTS METROPOLITAN TRENTON DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Area 1940 Number I n central city Outside central city Metropolitan district 1930, estimated by F H A 1930 Percent 1940 124,697 75.^31 123.356 66,863 1,341 8,568 1.1 12.8 29.595 19,529 200,128 190, a 9 9,909 5.2 49,124 For sale or rent Increase N o t for sale or Percent rent Number 27,130 16.301 Number 2.465 3.228 9.1 19.8 4l 101 659 407 2.2 2.0 30,295 20,037 5.693 13.1 142 1.066 2.1 50.332 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Number 1935 1936 193 7 1938 1939 1935-40 4i $42,700 122,300 90 135,600... . . . . 6 1 66 367.800 576.700 4i ...•29 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number ... Dwelling units Number Amount $ 170,400 50 330.054 115 a 2 , 4 0 0 . . . ••••90 245,100 136 153.300 164 ...287 $ 213.100 452.354 348,000 612,900 730,000 842 3.565.654 1,227.354 1934-35 1936 193 7 1938 1939 1940-... Type of institution originating mortgages National banks State banks Savings and loan assns. Mortgage companies Insurance ^companies Savings banks , A l l others None Existing homes 24.0 7.0 63.3 15.7 42.0 4.7 13.3 7.7 ..2.1. All homes 27.9 7.8 ..1.9 39.2 5.0 18.2 20.2 Garage and car capacity F H A valuation of property Wood Brick Stucco • . . • • • . • • • • • • « • • , Other Total 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 - . . . 10,000 or more A l l groups: 1940 1939 1938 Not*: Average FHA value of property Average FHA value of land Land as a percent of property value 3-* $ 2.881 .21.5.. 27.2 ...4*, 524., 5.444 6,504 ...8,738.. ll,000ft $253 292 ...475.. 659 803 .1,225.. 2,400® 8.8 8.7 .10.5 12.1 12.3 .14.0 a.88 Percent distribution 22.3 a.9 ..3.O.. .7 100.0 18.8 а.9 .15.6.. б.3 25.0 ..6.2.. 6.2 100.0 5.067 5.756 6.457 $ 2,692 709 839 ...4,390 . 5.375a 6,281 ...8.750;. 12.750a $383 429 ...570*.. 650 a 881 . 1.200 & . . 2,000a 5.238 M63 5.197 716 891 93« A glossary of terns used i s included i n the Appendix. 11.6 12.3 13.0 14.2 11.8 • 1 3 . 0 aa 12.1 l4.o .13.7^ 15.7 a 13.7 18.0 18.0 All homes 100.0 100.0 100.0 Percent distribution 1-family homes Number of rooms New homes Existing homes *5.7 4.1 56.3 12.5 15.6 15.6 50.2 100.0 Total Existing homes Table 9—Size of home, 1940 Percent distribution 1-family homes 30.5 60.1 g.l 1.3 2.577.178 56.4 62.8 12.8 14.3 ...12.4...J ...53.1.... ...16.4 4.1 I 18.8 ft 15.6 3.0 ....1.9.... ...12.5.... 1.0 1.1 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Table 8—Material of construction, 1940 Exterior material No garage 1-car garage 2-car g a r a g e • . . • . . . . • • . . 3-car garage New homes Total Percent distribution all 1- to 4-family homes 335.602 485.236 ...616.195 Percent distribution 1- to 4family homes Amount of mortgage Total Table 7.—Capacity of garage, 1940 $536,321 501,6 a ...102,203 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes 1.291 1,028 ...187.. 594 956 , .1,145.. 5.201 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 328 2.338.300 514 Amount Number Amount 9 25 ....29 70 123 A l l homes Existing homes New homes Total Percent of total New homes 4 5 6 7 6.2 l4.0 18.8 40.0 ....42,6.... ....43.8 31.2 3.4 rooms or less rooms rooms rooms or more 100.0 Existing homes 100.0 Total 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999-... 5,000 or more A l l groups: 1940 1939 * Computation based on fewer than 6 cases. Percent distribution Average gross monthly payment 6.8 $ 25.50 25.8 30.3* .29.6.. .•34.35.. I6.3 35.51 15.5 . . 3 . 0 . . ..49.25.. 55.63 3.0 1*3.93 100.0 6.3 18.7 .25.0.. 28.1 "It100.0 35.48 38.66 44.29 $ 20.00* 28.00 .88... .00* 2-33 ..51.00*. 82.67* 38.41 8.60 O.36 J Ratio of property value to income 2.73 2.47 .2.22.. 1.94 1.83 .1.55.. 1.10 2.03 2.01 2.16 2.01* 1.86 .1.85., 2.01 a Gross payment as a percent of income 22.7 20.8 .18.6 15.9 15.5 .13.4 9-8 17.0 16.2 17.7 16.6* 19.1 .16.3 15.4* 15.6 .l.'S* 1.52a 1.77 1.62 1-37 .I3.3a 13.7s 15.6 15.2 12.8 62 FEDERAL HOUSING ADMINISTRATION ALLENTOWN - BETHLEHEM - EASTON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district 188,983 136,159 1&.923 137.2*9 *,o6o -1,090 325.1*2 322,172 2,970 Percent 1930, estimated by F H A 1940 2.2 .8 *?.6O9 3*.039 .9 83.6*8 ! | Increase Number For sale or rent N o t for sale or rent Percent Number *5.291 31.793 *.318 2.2*6 9.5 7.1 84 370 1.139 691 2.2 2.0 50,832 35.100 77.08* 6.56* 8.5 454 1.830 2.1 85.932 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number Amount 8 4i 30...J 6 T H 57 1935 1936 193 7 1938 1939 1935-40 311 Mortgages: Number Amount Projects: Number Dwelling units % 1.593.760 129 51 470, * ) 0 198,400 744 2,571.980 53 Total New homes m A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . , 10,000 or more A l l groups: 1940 1939 1938 Bote: 1934-35 1936 193 7 1938 1939 $ 368.750 1,112,440 669.850 813.100 4*5.200 * . 165,7*0 1.055 .16.8. 17.7 ..2.5. .8 100.0 2*.4 26.8 ,.22.0. 12.2 ..1:1 2.4 All homes .9 .7 5.* .6 3.7 100.0 100.0 100.0 Total 100.0 Average FHA value of property $ 2.814 3 MS ...4,453., 5.37* 6.433 . . . 8 , 3 3 3 *a 10,000 5.060 5.238 7.*5i $2,405 3»*20 ..X356.. 5.360 6.467 ...9»075 a . 10,250 Average FHA value of land Land as a percent of property value u.9 l4.i .12.9 13.5 ...573.728 965a a 15.0 .18.0* l,800 18.0* 1*.0 710 719 1.083 iH $450 5*7 I8.7 16.0 .15.6 18.4 19.5 .17.6* ...680., 988 1.258 .1,600®: 2.725 26.6 17.8 100.0 I8.7 a.2 a $3*9.897 % 291.20* *15.03« *,6a 2.213,035 Table 6.—Mortgage as a percent of value, 1940 56.0 2.7 Wood Brick Stucco Other 2.0 5-9 16.0 36.7 59.1 810 1934-40 Amount of mortgage as a percent of F H A valuation of property 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Percent distribution 1- to 4family homes New homes Existing homes All homes *0.4 68.9 4.4 7.6 ....18.5... ....70.2... ....39.9 13.1 5.9 .8 16.7 3.* 8.9 5 . 8... - Total 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms Exterior material 36.0 52.7 9.3 Percent distribution Existing homes Amount g Percent distribution 1-family homes Percent distribution all 1- to 4-family homes 4,280 763 5.107 _ l J l _ 5.350 A glossary of terms used i s included i n the Appendix. Number Amount 90 297 177... 191 108 1.0 Table 10—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more Year Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 F H A valuation of property Number Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns. . . . . Mortgage companies Insurance companies Savings banks . . . . . . . . . . . . A l l others 1 Total $ 317.200 819.330 Type of institution originating mortgages 1 $230,000 - No garage 1-car garage 2-car g a r a g e . . . . . • • • • . • • 3-car garage 82 A l l homes Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity Amount Number $ 51.550 293.110 170,300... 342,800 2*6,800 Table 4—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Total Percent of total New homes Existing homes & 12.2 71.9 20.2 *.9 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more 16.0 28.6 51.2... *.2 Total 100.0 Existing homes 6~1 5O!2 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Computation based on fewer than 6 cases. Percent distribution 7.5 12.5 n . .8 100.0 Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 22". 89 2.52 a.3 30.21 20.7 ....35.90... . . . . K L . ....19.7 2.28 *2.73 I8.9 49.83 2.12 ....*8.6o .. ....12.9* 81.00* 18.0a 1.85* 35.3* 36.79 *9.n 2.31 2.19 2.20 19.2 18.2 17.* 2.07 20.5 $ a.67 7.3 35.* 1.84 17.9 ....1.77.... ....18.3 ....23.2.. 1.80 12.2 " " S 0 . 7 0 " " 18.3 1.91 8.5 50.00 17.6 ....1.02*... ....10.5* 6.1.. 1.46 73.50 7.3 i*.7 100.0 35.5* *0.67 43.49 1.68 1.71 1.82 16.7 16.8 17.6 HOMES IN METROPOLITAN DISTRICTS 63 JACKSONVILLE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Area 1940 1930 Number 1940 1930, estimated by FHA For sale or rent Number Not for sale or Percent rent Percent of total 82,054 32.178 -1,840 1,702 -2.2 5-3 21.361 7.643 19.987 6.763 1.374 880 6.9 13.0 28 92 388 99 1.8 1.3 21,777 7.834 114,094 114,232 -138 -.1 29,004 26,750 2,254 8.4 120 487 1.6 29,611 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year New homes Number 1935-40 Number Amount 3 9 ....35.... 14,900 51.300 2 7 ....27 24 14 51 243,900 92 | Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Mortgage companies Insurance companies Existing homes All homes 37.0 63.0 65.5 34.5 46.7 53.3 100.0 Average FHA value of property . 4 4 . 1 . . . $4,423... 5,340 29.4 6.050 23.5 ..8,000®.. ..3.0, 8.3 12.5 .50.0... 12.5 16.7 Wood Brick 82.4 8.8 29.1 62.5 Other 8.8 4.2 Average FHA value of land 100.0 . $ 397... 555 663 v .1,100*.. 5.181 6,770 4,200* 526 825 350* $ 2,500* 3.433 ..4,317. 5.333> 6,700 b $ 475 b 717 b ....596 . 7i7 b 925* Land as a percent of property value ..9.0 10.4 11.0 .13.8* 10.2 12.2 8.3* 19.0* 20.9* 13-4* 13.8b 565.258 New homes Existing homes All homes - Total 100.0 100.0 a 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 100.0 a All groups: 1940 4.579 671 1939 5.960 1.093 1938 4,203 965 Note: A glossary of terms used is included in the Appendix. 100.0 New homes Total 1 Percent distribution 1- to 4family homes Percent distribution 1-family homes 52.5 32.2 11 fi 1.7 32.150 146,890 68.6 42.4 17.1 10.2 . . . . 8 . 5 . . . . . . . 6 6 . 7 . . . . ...30.5 16.7 2.9 8.5 8.3 2.9 5-1 ....8.3..., 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more - Amount of mortgage as a percent of FHA valuation of property Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes Percent distribution - 100.0 a 1,586 $ 44,371 93.000 Table 6.—Mortgage as a percent of value, 1940 New homes - Amount 158 256 70...„ 101 382 1934-40 Percent distribution of amount of 1- to 4-family home mortgages 100.0 Table 7—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more 1934-35 1936 193 7 1938 1939 549,400 - Total FHA valuation of property Number $5,450 16,650 99.400 90,300 113,900 143 - All others Total Year Amount 2 7 31.. 27 23 305.500 Type of institution originating mortgages Vone No garage 1-car garage 2-car garage 3-car garage Number Amount $ 5.450 16,650 82,200..., 75.400 62.600 National banks State banks Garage and car capacity All homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement Existing homes 1935 1936 1938 1939 Total Number 80,214 33.880 I n central city.. Outside central city Metropolitan district Percent Increase 100.0 a 4 rooms or less 5 rooms 7 rooms or more New homes Existing homes 14.7 32.4 12.5 5-9 Total 100.0 41.7 100.0* Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . , 5,000 or more Percent distribution Average monthly payment $ 29.50* 5.9 35.3 31.25 . 2 6 . 5 . . . ..35-56... 23.5 40.88 5.9 44.50 b ..2.9. ..63.OO b .. 36.26 48.40 b 27.00 $ 26.25* ..31.40*.. 12.5 30.67 b 33-3 37*00 b . 1 2 . 5 . . . ..43.67 b 35.oo 4.2 16.7 .20.8. Ratio of property value to 3.27* 2.74 .2.30... 1.99. 1.80* .1.98 b .. 2.31 2.09 3.11* 2.15 b .1.97*. 1.35 1.49 v .1.31 J.. • 70 100.0 a 34.00 All groups: 1940 1.52 1939 53.38 1.91 1938 31.65 1.50 23.0 a Distribution based on fever than 26 cases. * Computation based on fever than 6 cases. 14.7 18.3 FEDERAL HOUSING ADMINISTRATION 64 ERIE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city.— Outside central city Metropolitan district.. Percent 1940 Increase 1930, estimated by F H A Number For sale or rent N o t for sale or Percent rent Number Percent of total 116,955 17,084 115.967 13.850 988 3.234 0.9 23.4 30,735 4,502 28.197 3.474 2,538 1,028 9.0 29.6 100 292 639 85 2.0 1.7 31.474 4,879 134.039 129.817 4,222 3.3 35.237 31.671 3.566 11.3 392 724 2.0 36.353 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number Amount 302 1935-40 Mortgages: Number Amount Projects: Number Dwelling units 622 1,338,100 Mortgages insured under Section 207 or 210 of Title I I Amount $ 94,500 260,150 408,200 250,600 1.955.950 Type of institution originating mortgages National banks State banks Savings and loan assns. Mortgage companies Insurance companies Savings banks A l l others 1 $ 800,000 1 202 24.4 48.9 24.9 1.8 Total 100.0 $103,900 317.550 738,600 653.900 634,600 924 3,294,050 Existing homes New homes 1934-35 1936 1937 1938 1939 1*2 100.0 Percent distribution 2.2 86 to 90 81 to 85 76 to 80. 71 to 75 61 to 70 51 to 60. 50 or less 100.0 1.039.334 Percent distribution 1- to 4family homes New homes Total Average FHA value of property 5.333 5.572 5.191 $ 1,570* 3.418 ...4,295.. 5.388 6.533 ...8,833.. 10,250° Land as a percent of property value $294 ...368.. 504 676 .i,a7.. 1,700* 8.1 $250* 455 ...513... 763 983 .1,500... 1,900* ..8.3 9.5 10.5 .13.9 17.0* 9.9 10.8 12.6 15.9 13.3 .11.9 14.2 All homes fci 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution l - f a m i l y homes New homes Existing homes 80.6 10.9 54.3 43.5 8.5 1.1 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more 23-3 39.5 33.3... 3-9 Total 100.0 Existing homes 5.4 15.2 40.2 39.2 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Average FHA value of land 527 599 656 Existing homes 32.6 19.1 28.7 16.5 ....20.2... ....60.4... ....36.9 19.8 11.6 15.1 10.4 4.7 1.5... 7.3... 2.1 1.3 .7 Total a 15.0 .17.0 18.5* Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . , 5,000 or more 14.2 A l l groups: 1940 67s A l l groups: 1940 4.759 1939 18.5 1939 843 4,561 1938 17.5 4,4oo 771 Bote: A glossary of terms used i s included i n the Appendix. * Computation based on fewer than 6 cases. 2.870 Number of rooms Wood Brick Stucco Other $ 3.625 .37.9. ...4,422.. 28.7 5.284 20.9 6,452 ..4,7.. ...8,750.. 1.6 10,000* 5.4 33-7 .21.7. 17.4 Amount of mortgage as a percent of F H A valuation of property Exterior material 6.2 100.0 436 571 .....819... $124,917 195.968 42,703 158,057 219,540 298,149 1934-40 All homes .8 - 407 Amount Table 6.—Mortgage as a percent of value, 1940 29.0 30.8 29.6 57.8 4o.i 46.8 ....29.7... ....11.4... ....22.8 Table 10.—Averages by property value groups for l-family homes, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 26 89 ....266.... 180 155 Number Percent distribution l - f a m i l y homes Percent distribution all 1- to 4-family homes N o garage 1-car garage 2-car garage. 3-car garage New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Amount Table 8—Material of construction, 1940 Table 7.—Capacity of garage, 1940 F H A valuation of property Number year Percent distribution of amount of 1- to 4-family home mortgages 100.0 Total Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number 24 $ 9.400 57.4OO 74 110,200... . . . . 2 4 3 . . . . 245,700 125 384,000 69 531,400... 2 15 23.... 55 86 ....121.... Property improvement notes Existing homes New homes 1935 1936 193 7 1938 1939 194 0 Total Percent distribution 8.5 29.5 .27-9. 14.7 14.7 3.1. 1.6 100.0 ..22.5. 12.4 18.0 ...6.7. 6.7 100.0 Average gross monthly payment $27.91 31.05 ...37.11., 42. a 41.74 ...59.50^ 63.50* Ratio of property value to income Gross payment as a percent of income 2.98 24.1 a. 2 .19.5 18.7 15.3 .15.6* 13.7 a 2.66 •2.32... .1.89*. l.4i* 37.08 37.54 37.41 2.24 2.22 2.13 18.7 17.9 18.3 >uii 2.29 2.07 .2.02.. 1.67 1.60 .1.54.. 1.12 20.7 18.5 .16.7 15.2 14.0 .13.3 9.3 34.37 33.61 30.31 1.70 ...31.20., 34.00 U1.19 ...49.67. 54.67 1.62 1.51 14.7 14.1 12.7 65 HOMES IN METROPOLITAN DISTRICTS COLUMBUS,OHIOMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city. Metropolitan district Percent 1940 83.893 89,474 80,339 81.333 3.554 8,141 4.4 10.0 23.769 22,642 173.367 161,672 11.695 7.2 46,411 | For sale or rent Increase N o t for sale or rent Percent Number 21,620 19.500 2,149 3.142 9.9 16.1 61 243 640 446 2.6 1.9 24,470 23.331 41,120 5.291 12.9 304 1,086 2.3 47.801 Number Property improvement notes Mortgages on 1- to 4-family homes Existing homes New homes Number 1935 1936 1937 1938 1939 1940 Amount Number Amount $ 19,350 19 3 118,250 21 55 . . . . 4 4 . . . . . . . . . 239,300..., . . . . 2 1 284,700 22 53 565,300 113 13 ...•31 1935-40 1.797.'•00 348 Table 4.—Rental projects Total 1935-40 Type of institution originating mortgages $ 76,100 173.390 72,000 95.700 55,100 22 76 ....65 75 126 ...145 $ 95.450 291,640 584,290 509 2,381,690 New homes Mortgage companies Insurance companies 3.6 A l l others - 117 100.0 Total Total 1 Other Total 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Percent distribution ..8.5.. 53-5 36.4 . . .8.. .8 100.0 13.8 20.7 .24.1., 20.7 13.8 ..6.9., Average FHA value of property Average FHA value of land $ >1,568... 5,427 6.603 . . 8 , 8 5 0 a* . 10,000 . $ 523... 684 841 .1,500*.. 3.250* 5.844 5,881 6,365 754 738 769 $ 2,450a 3.533 ..4,314.., 5.158 6,325* ..9.025*. 4,672 5.488 6,469 .11.4 12.6 12.7 .16.9* 32.5* 12.9 12.5 12.1 16.5® 16.3 $404* 575 ...700... .16.2 746 1,113 * .1.75°*.. .19.4* 14.5 17.6* 16.5 77 2 922 1,225 N o t e : A glossary o f t e r s e used i s Included i n the Appendix. Land as a percent of property value 16.8 18.9 a $ 212,020 188,764 32.779 176.558 197.225 1,171,103 of homes pr0perty 86 to 90 81 to 85 1.7 3.2 3-3 1.2 71 to 75 61 to 70 51 to 60 50 or less - 100.0 Percent distribution 1- to 4family homes New homes Existing homes All homes 69.8 55.6 11.6 9.3 ...13.9.... ...66.7..., ...24.7 .8 21.2 4.9 2.3 9-1 3.7 . . . . .8.... ....3.O.. ....1.2 .8 .6 Total 100.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Wood Brick 530 431 77...^ 366 472 ....774.... 2,650 . Amount of mortgage as a percent of F H A valuation Percent distribution 1-family homes Exterior material 22.2 71.0 6,2 .6 Amount Table 6.—Mortgage as a percent of value, 1940 30.5 65.O 100.0 Number 1934-40 Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes N o garage 1-car garage 2-car g a r a g e . . • • • • * . . « • • 3-car garage 1934-35 1936 1937 1938 1939 380,400 620,400 1 Table 7.—Capacity of garage, 1940 A l l groups: 1940 1939 1938 Existing homes as 32.1 63.5 National banks State banks Garage and car capacity Year Amount Percent distribution of amount of 1- to 4-family home mortgages 1 $550,000 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . , 10,000 or more Number Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more A l l homes O r-t Mortgages: Number... Amount Projects: Number Dwelling units 161 Percent of total Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Year Total 1930, estimated by F H A Number of rooms New homes Existing homes 20.2 76.7 31.0 48.3 3.1 10.3 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 3.4 12.4 13.8 ....82.2.... ....48.3 5-4 34.5 Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,99a 5,000 or more A l l groups: 1940 1939 1938 Computation based on fewer than 6 cases. Percent distribution Average gross monthly payment 30.2 $ 33.08 ...38.O... ...38.88... 41.58 14.7 46.45 15.5 .8 100.0 59.OO* 38.93 38.26 43.60 Ratio of property value to income Gross payment as a percent of income 2.98 22.4 ...2.61 ...21.1 2.28 18.7 2.04 16.8 ...1.34®.... ...13.1® .31a 2.8® 2.33 2.17 2.35 18.6 17.0 19.3 $ 23.00* 2.20® 19.6® 7.1 30.33 21.5 2.45 42.9 . . . 1 8.8 . . . 3 4 . 1 3 . . . J . . . 2 . 1 2 ...28.6... 20.1® 44.00* 2.06® 10.7 11.7® 3.6 1.32® 37.00* 15.5 a ...1.94®.... 100.0 34.71 39.40 51.50 2.15 2.20 1.72 19.0 • 18.9 16.4 66 FEDERAL HOUSING ADMINISTRATION JOHNSTOWN METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city.. Outside central city Metropolitan district Percent 1940 Increase For sale or rent 1930, estimated by F H A Number Percent Not for sale or rent Number Percent of total 66,668 85.113 66,993 80,618 -325 4,495 -0.5 5.6 16.302 19,432 15,042 16,419 1,260 3,013 8.4 18.4 7 135 161 277 1.0 1.4 16,470 19,844 151.781 147,611 4,170 2.8 35.73* 31,461 4,273 13.6 142 438 1.2 36.31* Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes New homes Amount 1935 1936 1937. 1938 1939 1940. 9 ..30., 6o 80 .135. 418,600 .638,200. .39. 290 1,093,860 321,100 II Type of institution originating mortgages None Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . •5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . 10,000 or more 1934-40 New homes Existing homes All homes 51.8 20.7 83.2 10.8 ,....4.3... 1.7 57.5 I 8 . 9g 2.0 .8 24.7 27.0 100.0 10.3 New homes 82.5 13.9 Wood Brick Total Average FHA value of property $ 2,800® 3.567 ...4,427. 5,3*1 6,361 ...8,440s i*.333a 5.566 6,416 4,500a a $ 2,575 23.1 3.517 .33-3.. ...4,323... 7.7 5.367 20.5 6,988 . . 5 . 1 . . ...8,250a., Average FHA value of land $ 400 a 342 ...419.. 513 73* .l,400a. l.867a 603 777 450 a $ 363 a 583 ...638.. 900 1,069 .1.250* All homes 49.2 63.I I8.9 14.5 ...12.3... ,...58.5... ...22.3 •7 17.1 *«5 12.2 5.6 3.6 9-8... ....2.8 7... 1.1 2.4 .7 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Total 100.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 3.6 59.0 25.6 2.6 12.8 100.0 100.0 L New homes Existing homes 16.8 5.1 46.7 15.4 . . . . 3 2 . 1 . . . , ....59.O 4.4 20.5 4 rooms or less 5 rooms 7 rooms or more Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Land as a percent of property value 14.3 a 9.6 ..9.5 9.6 11.5 .l6.6a 13.0a 10.8 12.1 10.0 a 14. l Existing homes Number of rooms Other 29.9 ..3.7. 2.2 F H A valuation of property 100.0 New homes 100.0 0.7 4.4 .32.1. 2$.l 100.0 Percent distribution 1- to 4family homes Amount of mortgage Exterior material 30.7 57.6 Percent distribution 2.0 •7 - 100.0 718,265 1,923 Table 6.—Mortgage as a percent of value, 1940 a 16.6 .14.8 16.8 .15.2a Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 4.786 15.4 737 1939 1,017 5.055 20.1 1938 400 s 11.9 a 3,367* k glossary o f terns used I s Included I n the Appendix, a Computation based on fewer than 6 cases. A l l groups: 1940 1939 1938 Note: 2,630.860 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . 10,000 or more 605 Amount $85,928 279 116,444 279 64... 29,529 50,296 119 152,546 396 7 8 6 . . . ....283,522 1934-35 1936 1937 1938 1939 1940 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes F H A valuation of property 13 l 176 .174. $ 41,600 127,060 ..283,700 620,700 782,800 ..775.000 Table 8—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Total Number Amount Table 5.—Type of originating mortgagee, 1940 National banks State banks Savings and loan assns . • . . , Mortgage companies Insurance companies Savings b a n k s . . . . . . . . . . . . . A l l others N o garage 1-car garage 2-car garage 3-car garage 10 32 ..80.. $ 35.600 90,260 ..167,400.. 299,600 364,200 ..136,800. Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity Number 9 23 .50., Table 4.—Rental projects Mortgages: Number Amount Projects: Number... Dwelling units Year Amount $ 6,000 36.800 .116,300., 1.537.000 Total 1935-40 Total Percent distribution 4.4 41.9 .30.1., 11.8 5.9 ..1.5., 4.4 100.0 10.c 30.0 ,.25.0. 7.5 12.5 ,.15.0., Average gross monthly payment Ratio of property value to income $ 25.83 32.84 ..35.66., 39.69 42.88 ..72.50^ 72.67 2.87 2.87 .2.40... 2.15 37.12 44.07 26.50a $ 27.25a 27.25 ,..32.20.., 30.CO» 51.80a ,..45.00... 3*«*3 38.92 28.00a 1.92 Gross payment as a percent of income 21.7 22.7 .19.2 17.6 15.6 .2.11a.. 1.71 .18.8a 14.0 2.4C 2.12 2.65a 19.2 17.5 18.7 3-79 a 2.16 .2.15... l«53a l.75a .1.35... 1.89 1.81 1.36 a a a 29.5 18.1 .17.7 13.6 a 17.6a .12.1 16.5 16.7 12.3a 67 HOMES IN METROPOLITAN DISTRICTS JACKSONVILLE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city._ Outside central city Metropolitan district 61,3^5 70,682 59.9^9 63,207 1,396 7.*+75 132,027 123.156 8,871 Percent 1930, estimated by F H A 1940 2.3 11.8 16.958 18,383 7.2 35,3^1 i i For sale or rent Increase N o t for sale or Percent rent Number 15.407 15,446 1,551 2.937 10.1 .19-0 21 192 359 337 2.1 1.8 17.338 18,912 30,853 4,488 14.5 213 696 1-9 36,250 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number 1 4 8 32 17 1935 1936 193 7 1938 1939 194 0 L.....8.... 70 1935-40 Number $ 4,300 26,200 51,800..., 149,700 80,500 39,000... 5 15 5 7 7 351,500 42 Table 4.—Rental projects Amount $ 20,100 48,300 l4,400..., a,000 23,500 140,000 Mortgages: Number Amount Projects: Number__ Dwelling units Type of institution originatmg mortgages 210 of Title I I or A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Note: 491,500 86 to 90 81 to 85 63.8 14.2 71 to 75 61 to 70 100.0a 100.0& of homes Pr°Perty New homes Existing homes 55.6 22.2 . . 22 2 . 100 0 41.7 16.6 4l 7 100.0a 100.0a - - 100.0a Total Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes - Total Percent distribution Average FHA value of property Average FHA value of land 100.0 22.2 ...11.1.. $ 3,800b ...4,500b,. $ 4o0 b 6.617 979 10.5* 14.8 - - 100.0a 5.756 5.886 5.700 797 .878 743 33.4 33.3 $ 2,350 13 3»500 b $ 350 b 600* - Land as a percent of property value - 13.8 14.9 13.0 14.9* 17.1* 10,125* - 3,000 a b 29.6* 100.0a a New homes 33^ 4 rooms or less 5 rooms 33-3 7 rooms or more 100.0 a Existing homes 11.1 ....77.8... 11.1 100.0 Total 66*7 33.3 a 100.oa Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,500 to 3,000 to 2,999 3,999 11.1 100.0a 5,000 or more Ratio of property value to income $ 30.00 b 26.00 39.50*.. , . . . 36.OO* 48.00* 11.2 22.2 L...22.2.. 11.1 22.2 A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,999 3,999 Average gross monthly payment Percent distribution 5,000 or more 2,500 to 3,000 to - All homes Number of rooms 100.0 a 322,650 731 Percent distribution 1- to 4family homes 50 or less New homes Other 33-3 yi 66.9 18.9 Wood Brick 66? 7 Amount of mortgage as a percent of F H A valuation Exterior material 41.7 50.0 8.3 100.0 | Percent distribution 1-family homes Percent distribution all 1- to 4-family homes $ 57.067 74.193 14,798 ^3.73^ 57.365 Table 6.—Mortgage as a percent of value, 1940 36.2 - Amount 163 131 29..., 109 1934-40 Table 8.—Material of construction, 1940 5,325 b i.3l7b 664 4,407 b 658* 3.917 A glossary of terms used I s Included in the Appendix. A l l groups: 1940 1939 1938 112 1934-35 1936 1937 1938 1939 75.7 24.3 Table 10—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more g $ 24,400 74,500 66,200 170,700 104,000 - Table 7.—Capacity of garage, 1940 F H A valuation of property 6 19 • .13 Number Existing homes 100.0 a Total Total Amount New homes A l l others 58 No garage 1-car garage 2-car garage 3-car garage Year Number Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns. . . . Mortgage companies Insurance companies 1 $ 250,000 Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Mortgages Total 1935-40 Property improvement notes Existing homes Amount Total Percent of total Number 3.35 b 2.24* .2.90* 2.22* 2.13b 26.8* 18.4b .....21.1b 16.0 b I8.3 b 47.00* l.34b 10.4b 37-78 38.78 37.21 2.19 2.29 2.53 17.3 18.1 19.6 1.77* l6?7 $ 23.00b ee.i Gross payment as a percent of income - b - 33.3 ' 60.00* i.35b 24.7* A l l groups: 1940 100.oa 1.48b 35.33 ** 15.1 1939 2.31 31.00 16.8* 1938 2.4i* 29.00* Distribution based on fewer than 26 cases. * Computation based on fewer than 6 9.6* 11.8* !9.5 21.4* case*. FEDERAL HOUSING ADMINISTRATION 68 PHILADELPHIA METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 a Number I n central city Outside central city Metropolitan district Increase a Percent 1940 For sale or rent Number Percent Not for sale or rent Number Percent of total 1.931.334 967.310 1,950.961 906,362 -19,627 60,948 -1.0 6.7 507,124 247,598 458,627 215,715 48,497 31.883 10.6 14.8 1.114 2.751 25.250 9.328 4.7 3.6 533.488 259.677 2,898,644 2.857,323 4l,3a 1.4 754,722 674,342 80,380 11.9 3,865 34.578 4.4 793.165 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year Property improvement notes Existing homes New homes Number 1935 1936 193 7 1938 1939 194 0 Amount Number Amount All homes Number Year Number Amount 1934-35 1936 193 7 1938 1939 194 0 $ 2.781.250 805 $ 738.100 956 151 $ 3.519.350 6.072.912 4,169,020 2.112 3.010 918 10,241.932 801.., ...3.838.500.. ...2.067.., ...6,023.100.. ...2.868.., ...9.861,600 5.957.000 9.722.300 3.845 1.930 1.915 15.679.300 4,443,000 16,989,900 5.977 3.610 1.367 a,432,900 ....4,568,400.. . . . . 6 , 2 0 3 . . •..25.879.800 ,...4,780.. , . . a . 3 n , 4 o o . . 12,190 1935-40 56.769,220 Mortgages: Number. Amount Projects: Number Dwelling units nating mortgages $ 2.637.500 10 636 11.2 25.9 7.8... 47.5 2.6 4.4... .6 100.0 Total All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999..., 10,000 or more 1934-40 Wood Brick Stucco•••••.••••••••.., Other •3 Total 100.0 Percent distribution Average FHA value of property Average FHA value of land Land as a percent of property value 1.2 $2,804 $360 12.8 8.0 .37.6. IVs .2 13.1 24.4 6.8 48.0 2.5 4.7 .5 100.0 100.0 5.359 6,451 ...8,351. 11.787 5.144 5.451 5.909 $2,491 21.0 30.9 .23.7.. ...^',472. 10.5 8.3 . . 3 . 1 . . ...8,436. 12,384 2.5 10.6 ...5.. .11.1 730 988 .1.566.. 2,445 .18.8 13.6 15.3 20.7 684 789 849 $487 612 ...772.. 1.019 1.378 .2,079.. 3.313 19.6 17.8 .17.3 19.2 21.4 .24.6 26.8 36.994.367 Percent distribution 1- to 4family homes New homes 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Existing homes All homes 80.3 8.6 6.8... ....53.6.., 2.4 23.7 15.9 1.5 3... 4.3.., .1 2.5 100.0 Total 100.0 61.8 6.6 4.9 1.3 .7 100.0 Table 9—Size of home, 1940 Percent distribution l-family homes Number of rooms New homes 14.3 81.0 ..2.4. .9 93.319 Amount of mortgage as a percent of FHA valuation of property Exterior material Table 10.—Averages by property value groups for l-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more All homes a.7 17.7 2.1... 50.7 1.9 $ 7,265,624 23.169 7.901.956 21.472 1.800.824 ...3.659.. 5.206.125 11.887 6,682.014 15.076 ..18.056.. ...8,137.824 Percent distribution l-family homes Percent distribution all 1- to 4-family homes FHA valuation of property Existing homes Amount Table 6.—Mortgage as a percent of value, 1940 Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 Total New homes National banks State banks Savings and loan assns. . . . . Mortgage companies Insurance companies Savings banks All others 10 No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage 86.614,882 a . 879 Percent distribution of amount of 1- to 4-family home mortgages Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity 29.845,662 9.689 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Total 1930, estimated by FHA Existing homes 33.2 15.1 57.6 ....I3.3 14.0 100.0 100.0 3.9 62.7 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 4.1 10.3 ....77.8.... 7.8 0.9 7.5 58.7 32.9 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more PcrcBiit bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 24.1 2.96 3.0 $27.05 31.48 2.55 21.7 27.9 ...36.4... ...35.53.... ....2.26.... ....19.5 12.4 2.00 38.49 17.3 44.41 14.1 1.84 16.1 ....3.5... ...51.13.... ....1.58.... . . . . l 4 . 0 1.30 2.7 60.57 11.3 100.0 36.97 38.50 42.37 2.11 2.04 2.04 18.2 17.3 17.5 6.8 2.18 $23-59 21.7 19.4 27.90 28.5 1.92 ...27.7... ...31.94.... ....1.78.... ....17.6 11.8 1.61 35.54 15.? 15.4 42.17 15.4 1.59 ....4.2... ...50.89.... ....1.51.... ....14.1 1.26 5.6 72.67 11.9 4,306 All groups: 1940 843 19.6 1.66 100.0 16.3 35.31 1939 4.377 19.6 858 35.90 1.56 15.3 1938 20.0 4,322 863 1.62 35.52 15.9 Note: A glossary of teras used is included in the Appendix, aiatimated for I93O toy the FHA on the basis of the boundaries of the I9UO metropolitan district. All groups: 1940 1939 100.0 69 HOMES IN METROPOLITAN DISTRICTS TAMPA-ST.PETERSBURGMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Area 1940 1930 Metropolitan district.. Percent 1940 For sale or rent Increase a a Number I n central city Outside central city Vacant, 1940 Occupied 1930, estimated by FHA Number Number Percent of total 671.659 1,322,401 669,817 1.283.851 1.842 38.550 0.3 3.0 175.156 327.024 155.079 281,691 20.077 *5.333 12.9 16.1 3*7 773 4,366 4,992 2.4 1.5 179.869 332,789 1,994,060 1.953.668 40,392 2.1 502,180 436.770 65,4IO 15.0 1,120 9,358 1.8 512.658 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Existing homes New homes Number Amount Number $ 468,300 2,859,634 1935 1936 82 541 1938 1939 968 1,556 5,468,500 8,808,700 ...12,502,200.. 6,089 34,114,634 1935-40 Mortgages: Number Amount Projects: Number. Dwelling units Amount 3,881 17,414,900 1 New homes Existing homes Amount Number 6,101 6.596 ...1,100... 3.076 4,704 1934-35 1936 193 7 1938 1939 1934-40 51.529,53* $ 2.020,377 2,192,814 458,516 1.163,473 1.896.551 ....3.757.633 11.489.364 30.395 Table 6—Mortgage as a percent of value, 1940 Amount of mortgage as a percent of FHA valuation of property All homes 18.1 31.8 26.5 4o.4 19.7 33.4 Mortgage companies Insurance companies Savings banks All others 39.2 6.9 24.9 6.5 36.6 6.S 2.2 .2 1.8 100.0 100.0 100.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Percent distribution 1- to 4family homes New homes Existing homes No garage 1-car garage 2-car garage . . . . . . . . . . . 3-car garage Total Percent distribution 1-family homes Wood Brick 19.7 71.8 8.0 •5 Other 100.0 Percent distribution 1.4 .11.1. 20.6 44.6 .15.8. 6.5 100.0 2.0 7.7 •19.3. 22.0 27.1 .10.6. H.3 100.0 Total Average FHA value of property FHA value of land $ 3.614 ...4,473.. 5.391 6,690 ...8,640., ll.7a $388 ...509.. 590 795 .1.177.. 1.857 6,766 6,875 7.095 $2,332 3.560 ...4,333.. 5.328 6,700 ...8,613., 12.568 6.478 All groups: 1940 100.0 6.235 1939 6.408 1938 Bote: A glossary of terms used is included in the percent. Land as a percent of property value 10.7 .11.4 10.9 11.9 .13.6 15.8 Percent distribution 1-family homes 1,443 Appendix. 20.3 20.9 22.5 a a.9 70.5 26.8 62.1 7.3 7.8 100.0 100.0 New homes Existing homes 2.6 11.8 20.2 39.7 ....42.2.... .....48.8 28.4 6.3 4 rooms or less 5 rooms 6 rooms 7 rooms or more Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more Percent distribution Average gross monthly payment $ 28.47 1.7 36.04 18.2 ..42.11., .26.1.. 47.37 16.5 54.89 25.3 . . 6 . 5 . . ....63.77.. 76.88 5.7 100.0 26.1 1.302 Existing homes All groups: 1940 1939 1938 Based on the metropolitan district 1 19.8 .21.4 1.312 New homes 100.0 22.8 17.1 .16.2 16.5 $532 608 ...700., 881 1.328 .1.839.. 3.285 100.0 Number of rooms All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . , 5,000 or more 12.5 13.1 13.* 901 953 100.0 42.9 15.5 25.0 7.8 6.1 1.9 .8 Table 9.—Size of home, 1940 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property Total Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes All homes 53.2 19.3 ....16.2... ....62.0... 18.0 5.2 14.9 1.6... 3.3... .6 1.8 300 Table 7.—Capacity of garage, 1940 9,970 National banks State banks Total All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000.to 4,999..., 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999..., 10,000 or more Year Amount $ 1,877,200 $ 2.345.500 391 473 4,308,410 1.054 7.168,044 1,595 864... . . . . 3,725,100.j . . . 1 , 5 8 7 . . . ....7.7^2.400 2,524,200 7.992.700 536 1,504 2,376,000 11,184,700 505 2,061 531.. ....2,603,990.. . . . 2 , 7 5 0 . . . ...15,106,190 nating mortgages 1 $ 1.050,000 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999..., 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999..., 10,000 or more Number Percent distribution of amourit of 1- to 4-family home mortgages Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity All homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Total Not for sale or Percent rent 14.9 .20.7., 17.3 20.3 ..7.9.. 16.6 48.26 48.85 50.20 $27.08 34.62 ...38.31.. 42.96 50.88 ...60.64.. 82.67 Ratio of property value to income Gross payment as a percent of income 3.35 3.00 .2.6Q., 2.43 2.21 .1.99.. 1.49 25.3 24.2 .22.5 a.o 19.4 .17.5 13.1 2.32 2.30 2.16 19.8 19.6 18.4 3.01 2.56 ...2.21.. 2.09 1.97 ...1.77.. 1.42 26.0 23.1 .20.2 19.0 18.0 ....16.5 13.^ 1.86 ^9.99 17.1 1.74 48.85 16.1 48.94 1.73 15.9 b established in the 1930 Census. Less than 0.05 FEDERAL HOUSING ADMINISTRATION 70 DAYTON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city. Outside central city Metropolitan district Percent 1940 110,568 64,787 111,171 59.315 -603 5,*72 -0.5 9.2 29,802 16.956 175.355 170,486 4.869 1 2.9 46,758 | Increase For sale or rent Number Percent Not for sale or rent 27.659 14.504 2,143 2,452 7.7 16.9 28 33* 798 384 2.6 2.2 30,628 17.674 42,163 *.595 10.9 362 1,182 2.4 48,302 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Amount Number $14,600 3 89.000 17 31,800.... ......5.... 122,400 25 192,300 40 . . . . . 2 5 . . . . ....124,800.... 1935 1936 1938 1939 1935-40 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I 244 743.700 New homes 2.7 66.3 25.2 10.7 A l l others 14.4 ' :,« 100.0a 100.0 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property to to to to to New homes 90 85 80 75 70 20.9 10.1 50 or less >7 Wood Brick Stucco Other Percent distribution 3-2 ..9.7. 48.4 38.7 $ 3.750? • • * . * 3 3 •• 5.3*7 6,421 $ 800* ,..633*-. 713 950 21.3® .i4.3b 13.3 14.8 5.623 5.631 5.960 800 780 980 14.2 13.9 16.4 Average FHA value of land 10.5 68.4 15.8 5.3 100.0 100.0a Land as a percent of property value 21.9* 12.8® .14.0 18.5? 12.5® .25-5b $5*7? $ 2.500J I?-5 3.*30b 26.3 ..*.225v... ...592 .. .31.5... l,000b 5.*17b 15.8 7.200* 900 b 5.3 ,8,250?,.. .2,100*.. ..5.3... 100.0* Percent distribution 1-family homes 4,300 3.863 3.985 705 677 660 A glossary o f terms used i s Included i n the Appendix. 16.4 17.5 16.6 a Existing homes 61.3 ....12.9.... 16.1 Total Average FHA value of property 6.0 100.0 Number of rooms New homes 100.0 A l l groups: 1940 100.0a Table 9—Size of home, 1940 Exterior material 22.0 70.0 g.O All homes 5-2 6.5 100.0 Total Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 100.0 Existing homes 64.5 40.0 19.3 12.0 6.5... ...63.2.... ...28.0 10.5 4.0 21.1 10. 0 3-2 86 81 76 71 61 Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes 1.005,159 1.9*8 48 Total All homes Mortgage companies Insurance companies $ 199.642 2U5.818 ....56.798 121.479 162,114 •••219.308 Table 6.—Mortgage as a percent of value, 1940 Existing homes 9.0 80.3 3-car garage Vote: 1,318,600 424 462 ..96.. 202 320 .444.. 1934-35 1936 193 7 1938 1939 194 0 1 N o garage 1-car garage A l l groups: 1940 1939 1938 359 60T4 Table 7—Capacity of garage, 1940 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999., 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999., 10,000 or more 33 113 53««•• 67 53 National banks State banks • New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more Amount $ 121,900 372,600 174,400 243,800 228,900 Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 1 $ 179,000 Garage and car capacity $ 107.300 283,600 142,600.... 121,400 36,600 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 A l l homes Number Amount 5? 96 48.... 42 13 574,900 115 Property improvement notes Existing homes New homes Number Percent of total Number Mortgages on 1- to 4-family homes Year Total 1930, estimated by F H A New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 6.5 5.3 15.8 25.8 ....64.5.... ....52.6 26.3 3.2 Total 100.0 100.0a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Percent distribution Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Average gross monthly payment $ 25.00b 3.2 12.9 3*. 7 5 * > . . 3 8 . 7 . . . >««37«*2 22.6 38.71 22.6 37.29 - 100.0 Ratio of property value to income 2.6o b 2.82b ...2.53.... 2.28 1.81 - 36.9* 37.71 40.08 - 2.28 2.04 2.24 Gross payment as a percent of income 20.8b 22.5 b ...20.4 17.5 13.9 - 18.0 16.4 17.6 11.8 $ 20.00b 2.16 b 19.2b 27.60b 1.95? 18.lb 29.4 ,..17.6... , . . 3 1 . 6 7 * , ...1.59?..., ...16.5* 16.6 36.oo b 1.7*b 17.6 16.5? 48.00b 1.81? 11.8 b ., . . . 2 . 0 6 . . . . . . 2 1 . 9 * , . . . 5 . 9 . . . ..73»OO b b 10.0 b 50.00 •96 5-9 A l l groups: 1940 1939 1938 D i s t r i b u t i o n based on fever than 26 cases. 100.0a b 35.29 29.83 30.73 Computation based on 1.72 1.72 1.81 16.6 16.0 16.8 fewer than 6 cases. 71 HOMES IN METROPOLITAN DISTRICTS SCRANTON —WILKES-BARRE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number 226,640 402.941 I n central city.. Outside central city Metropolitan district 629.581 1 Percent 1940 For sale or rent Increase 1930, estimated by F H A Number Not for sale or rent Percent 230,059 422,253 -3.419 -19.312 -1.5 -4.6 55.990 92.324 51.645 85.442 4.3^5 6,882 8.4 8.1 59 330 652.312 -22.731 -3.5 148,314 137.087 11.227 8.2 389 1 I.169 1.332 2.0 1.4 57.218 93.986 2.501 1.7 151.204 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year Number Amount 4 23 6.... 15 1935 1936 193 7 1938 1939 1940 Number $ 23.100 141,100 25,200... 89,600 157.700 128 | 698,200 Mortgages: Number Amount.. Projects: Number__ Dwelling units Mortgages insured under Section 207 or 210 of Title I I $ 261,400 734,480 39 96,400 145,700 r | Type of institution originating mortgages National banks State banks Mortgage companies Insurance companies Savings banks A l l others Hone 1,772.580 38.1 4i.9 17.1 2.9 Total 100.0 Existing homes All homes 89.2 8.2 80.7 19.3 86.3 11.9 2?6 - - - 1.7 .3.4. Jl'.f .8.6. 3-5 86 81 76 71 61 51 50 - 100.0 100.0 Average FHA value of property Average FHA value of land Land as a percent of $ 3,500* ...4,275® 5.37^ 6,4io . ..8,790 a . 11,250 a $ 600 a ...6ooa. 749 881 .1.330®. 1.350® 17.1® .i4.oa 13.9 13.7 .15.1® 12.0a 873 881 725 & 13.9 14.1 12.6® $ 2,420® 3.406 ...4,263.. ...8,44o®. $ 510® 613 ...935... 1,088 1.357 .1,900®.. property 33-3 6.7 34.0... ....25.7 11.4 21.3 16.2 29.8 4.8 ....10.6... 1.9 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 87.8 2.4 4.9 New homes 4 5 6 7 100.0 rooms or less rooms rooms rooms or more 1.7 10.4 65.5... 22.4 Total 100.0 Existing homes 2?4 ^3-9 53.7 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower value 21.1® 18.0 .a.9 20.3 19.8 .22.5® All homes Number of rooms 79-3 8.6 1.7.... 10.4 Total Existing homes New homes 60.3 12.1 19.0... 3." 5.2 Total 100.0 New homes Wood Brick Stucco Other 1 3,992,271 Percent distribution 1- to 4family homes to 90 to 85 to 80 to 75 to 70 to 60 or less Exterior material 6,283 6,245 5.737a 12.2 19.5 .29.3. 19.5 17.1 ..2.4. Amount of mortgage as a percent of F H A valuation of property New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 t<5 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 4,630 20.4 A l l groups: 1940 4,672 1939 21.1 987 1938 3.920 765 19.5 A glossary of terns used i s included i n the Appendix. ® Computation based on fewer than 6 cases. A l l groups: 1940 1939 Note: Percent distribution 1.8 100.0 8.946 1934-40 Table 6.—Mortgage as a percent of value, 1940 New homes Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 2.470,780 Amount 2.237 $933,595 1.716 722.366 197... ...129,763 471.131 951 742,860 1,514 2 , 3 3 1 . . . ....992.556 Percent distribution 1-family homes Percent distribution all 1- to * 4-family homes No garage 1-car garage 2-car garage. 3-car garage New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more ! 1934-35 1936 193 7 1938 1939 1940 Table 8—Material of construction, 1940 Table 7—Capacity of garage, 1940 F H A valuation of property 74 ' 630 Number $ 286,500 875.580 419,700 186,000 303,400 67 228 ...116.... | Year Amount Percent distribution of amount of 1- to 4-family home mortgages 100.0 Total Garage and car capacity Number Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 63 205 502 A l l homes Amount lis 5 1935-40 Property improvement notes Existing homes New homes Total Percent of total Number Percent distribution Average gross monthly payment $35.50 19.0 25.9 47.80 8.6.. . . . . 5 5 . 8 0 a . 8.6 66.80a 100.0 45.50 44.23 43.00® $ 21.67® 7-3 29.14 17.1 ....36.6.. ....34.60... 9.8 i+^.oo • l4.6 M . . ....48.50® 58.25® 9.7 100.0 36.98 38.51 32.16 Ratio of property value to income Gross payment as a percent of income 23^6 2.85 2.53... ....21.6 2.29 19.9 1.99 17.4 1.77® 15.1® 1.23® 11.6* 2.03 2.10 2.25® 17.6 17.8 20.2® 19.0® 1.85® 2.27 21.9 1.95... ....18.5 1.4oa l4.2a 1.66 14.8 1.36® . 13.9® .84a 8.3® 1.53 1.63 1.70 14.7 16.1 17,1 72 FEDERAL HOUSING ADMINISTRATION YORK METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 56.712 35.915 55.25»» 31.941 1.458 3.974 2.6 12.4 15.840 9.765 92.627 87.195 5.432 6.2 25.605 S Increase 1930, estimated by F H A Number 14.460 8,054 1.380 1.7U 9.5 21.2 22.514 3.091 13.7 For sale or rent N o t for sale or Percent rent Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Number 29 57 409 148 2.5 1.5 16.278 9.970 86 557 2.1 26.248 Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Amount 1 6 $4,650 28.300 1935 1936 1938 1939 1935-40 12 9 60.800 44,550 44 208.800 Mortgages: Number Amount Projects: Number Dwelling units Number 11 33 .13 8 5 . Amount 72 209.250 New homes National banks State banks 40.3 46.6 Mortgage companies Insurance companies 13.1 A l l others 42 Total 418.050 Existing homes 51.9 38.5 9.6 - - - - 100.0a 100.0* 100.0* 1934r-40 Wood Brick Stucco Other JL.6 52.6 10.5 5.3 100.0a Total Percent distribution Average FHA value of property Average FHA value of land Land as a percent of property value $ ,3,400* $475 J 13.3 46o*... ....33.3.. ....4,320* 625 b 5.275* 26.7 950* 6.375* . . . 2.000*1 ....9.500*.. 10.500* 1.800* 6.7 5.483 c c $3,000* ....4,800* 5.500 13.9 c c 763 c c $ 850* ...1,000*... 1.750 28.3* 20.8* 31.8 , 000 999, 100.0* 14.0* 10.6* 11.8* 14.9 b 21.1* 17.1* 25.0 25,000* 2.500* A l l groups: 1940 100.0a 9.575* 1.525* c c 1939 c 1938 c Sot«t • glossary of t e r a s used i s included I n the Appendix. c Data not a v a i l a b l e . 10.0* a 329.712 977 Percent distribution 1- to 4family homes Amount of mortgage F H A valuation of property New homes 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Existing homes All homes 42.1 53.3 40.0... ....50.0... ....42.1 25.0 10.5 6.7 - 100.0a Total 100.0a 100.0* Table 9.—Size of home, 1940 Percent distribution l-family homes Exterior material Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property $68,698 88,148 9,681 68 29.685 38.917 97 . . . .238.... . . ....94,583 Table 6—Mortgage as a percent of value, 1940 All homes 83.3 16.7 Amount 255 Percent distribution l - f a m i l y homes Percent distribution all 1- to 4-family homes Total 116 1934-35 1936 1937 1938 1939 Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 No garage 1-car garage 2-car g a r a g e . . . . • • . . • • • • 3-car garage Number' $ 38,250 116,800 64.400 87.300 67.200 1 Garage and car capacity Year Amount 12 39 20.... 20 14 $ 33.600 88,500 31.350.... 26,500 22,850 6.450.... nating mortgages 1 $ 141.000 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9 999 10,000 or more Number Percent distribution of amount of 1- to 4-family home mortgages Mortgages insured under Section 207 or 210 of Title I I New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes Number Total Percent of total Number of rooms New homes Existing homes 46.6 26.7 25.0 50.0 26.7 25.0 100.0* 100.0* New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 13.J 25.0 &0... 13.3 Total 100.0* 75.0 100.0* Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 21.0* $ a.oo* 2.50* 6.7 2.72 30.63 53.3 ....20.0.. ....33.33*1. . . . . 2 . 3 0 * . . . . . . . 1 8 . 2 * 1.88* 52.00* f.l ....13.3.. ....62.50*.. ....2.20*... ....16.5* 100.0* 36.20 c 25.0 $24.00* 2.40 c 19.1 2.14* 20.6* g . . . . 2 5 . 0 . . ....30.00*.. L... 2.31^ 17.3b 25.0 47.00* l~4i* i4~5* 25.0 120.00* 1.67* 9.6* A l l groups: 1940 100.0a 11.9* 15.9* 55.25* 1.71* 1939 c 1938 c c c c D i s t r i b u t i o n based on f e v e r than { > cases. * Computation based on fewer than 6 cases. SOUTH A T L A N T I C GEOGRAPHIC D I V I S I O N The States of Delaware, Maryland, Virginia, West Virginia, North Carolina, Georgia, South Carolina, Florida, and the District of Columbia form the South Atlantic Geographic Division. The total population of this Division is 17,823,151, or 13.5 percent of the total population of the United States. Of these, 11,846,350 are nonfarm. Some 5,257,241 reside within metropolitan districts. Population i n 1940 South A t l a n t i c D i vision Percent of U n i t e d States Total Nonfarm _ _ . . . . Metropolitan districts Population density per square mile 17,823,151 11,846, 350 5, 257, 241 66.4 United States Percent 13.5 Percent 100.0 100.0 66.5 29.5 100.0 77.1 47.8 44.3 There are twenty-four metropolitan districts principally or entirety located within this Division. The population of that portion of the metropolitan districts located inside the boundaries of the Division constitutes only 29.5 percent of the Division total as compared with 47.8 percent in the metropolitan districts for the national scene. The Division and the metropolitan districts it contains are shown on the map on the following page. While nearly two-thirds of the total population, 66,5 percent, resides in the metropolitan districts and the smaller cities and towns and is therefore nonfarm in character, the South Atlantic Division does not approximate the United States as a whole in this respect, for nationally some 77.1 percent of the population is nonfarm. Only three other geographic divisions, the West North Central, the West South Central, and the East South Central, have a smaller percentage of their population classified as nonfarm, 65.4, 61.3, and 51.1 percent, respectively. Of the nonfarm population in this Division only 44.4 percent resides within metropolitan districts as compared with 62.0 in the United States as a whole. Possessed of 9.0 percent of the land area of the United States and 13.5 percent of the popula- tion, the population density is considerably greater than for the entire country, 66.4 as compared with 44.3 persons per square mile. Economic characteristics. The South Atlantic Geographic Division is well diversified economically. Its industrial activity is constantly increasing in importance. The largest single source of private income is manufacturing, closely followed by income from agriculture, with the trade and service occupations not far behind. The importance of trade as a source of income is partly derived from tourist expenditures in the many resort localities of this Division, particularly in the State of Florida. As might be expected, the metropolitan districts differ in their commercial and industrial activities. Some constitute trading and distributing centers, while others are primarily manufacturing areas. Some are inland, while others are seaports. The general nature of each metropolitan district is indicated in the following observations. The single metropolitan district in the State of Maryland is Baltimore, As measured by tonnage, both import and export, i t is the second largest port on the Atlantic Coast. The major industries of the Baltimore Metropolitan District are iron and steel production, aircraft, textiles, food items and kindred products such as liquors, other beverages, and confectionery. Of secondary importance are cane-sugar and petroleum refining, and the smelting and refining of copper. A t present, there is a large volume of shipbuilding. I n the metropolitan district of Washington, District of Columbia, the conduct of government is the major activity. Manufacturing within the District of Columbia, with the exception of a large Navy Yard, is discouraged. Such industry as exists is of a light variety serving the immediate satisfaction of consumer needs. Typical of Washington industries are laundries, bakeries, and automobile repair shops. The principal sources of employment outside the Government are service industries and trade and professional occupations. 73 81 FEDERAL H O U S I N G 1940 METROPOLITAN IN ADMINISTRATION DISTRICTS THE SOUTH ATLANTIC DIVISION • Wx ) WILMINGTON FW WHEELING BALTIMORE - - r - y - ^ - ' - ' C i ' R* DIST. OF COLUMBIA 3T0N HUNTINGTON ; CHARLESTON \ ROANOKE RICHMOND / ' GREENSBORO WINSTON-SALEM^* f DURHAM ASHEVILLE CHATTANOOGA F A = A R E A OF M E T R O P O L I T A N WITH OR 0 ' DISTRICTS AN AGGREGATE P O P U L A T I O N OF MORE IN T H E C E N T R A L CHARLOTTE CITIES 50,000 N0RFC-K HOMES I N METROPOLITAN 75 DISTRICTS The single metropolitan district in Delaware, Wilmington, is located principally within that State, but does spill over somewhat into the Middle Atlantic Division. The major industry of the district is the production of chemicals and dyes. There are also large railway shops. Secondary manufactures include vulcanized rubber, glazed kid, morocco leather, and dyed cotton textiles. The three metropolitan districts in Florida are located entirely within that State. Jacksonville is the most highly industrialized of the three, having a large trade in rough and finished lumber and in naval stores. Coffee is roasted and packed there. Other activities include the manufacture of cigars, chemical products and fertilizer, and canning of fruits and vegetables. This district has a large tourist trade during the winter season. The metropolitan district of Miami is the largest of the Florida resort cities. Its industries are of secondary importance and mainly concern fishing and the collection of fruits and vegetables for shipment. The Tampa-St. Petersburg Metropolitan District also is a resort center and a shipping point for fruits and vegetables. I t is an important producer of phosphate, cement, and cigars, and is the canned citrus center of the world. Atlanta, the capital of the State of Georgia, is the largest metropolitan district in that State. I t is the major distributing and trading center for the Middle South and the headquarters for many corporations operating in that region. Its manufactures include chemicals and fertilizers, furniture, paper and paper products, printing and publishing, and iron and steel products. Cotton textile manufacturing and silk throwing are the principal industries of Augusta, Other products include cottonseed oil, clay products, brick, and building and drain tile. The Columbus, Georgia, Metropolitan District is the trading and distributing center for a large agricultural region and has an extensive industrial development as well. The leading manufactures are cotton textiles and hosiery, cotton gins, and refined sugar. Population, Occupied Dwelling Units, and F H A Activity in South Atlantic Metropolitan Districts Occupied d w e l l i n g u n i t s enumerated i n the 1940 Census E s t i m a t e d increase 1930-40 Population i n 1940 Metropolitan district Number in 1940 Number W i l m i n g t o n , Del.a Baltimore, M d . » Washington, D . C.a N o r f o l k , Va.a Richmond, Va. Roanoke, V a _ . Charleston, W . V a > Huntington, W . Va. W h e e l i n g , W . Va.»„_ Asheville, N . C . Charlotte, N . C. Durham, N. C Greensboro, N . C . Winston-Salem, N . C . Charleston, S. C C o l u m b i a , S. C . A t l a n t a , Ga.a A u g u s t a , Ga Columbus, Ga.a M a c o n , Ga. Savannah, Ga._ ___ Jacksonville, Fla.» M i a m i . Fla.b T a m p a , Fla.® . .. _ _ _ __ __ 188,974 1, 046, 692 907, 816. 330, 396 245, 674 110, 593 136,332 170. 979 196, 340 76, 324 112, 986 69, 683 73, 055 109,833 . 98,711 89, 555 442, 294 87,809 .. 92, 478 74,830 117,970 195, 619 250, 537 209,693 48,583 271,952 237,879. 82,927 64,391 27, 696 34,104 43, 523 50,371. 18, 875 27, 855 17, 530 17, 735 27,114 26, 707 21, 817 117, 384 . . 22,959 23,912 21,021 31,720 51, 203 70, 960 61,644 9, m 46, 501 78,431. 14, 393 11,333 4, 589 9,947 5, 458 5.049. 3. 089 6, 788 4. 756 4,331 5, 452 5 831 o. 936 26, 466 3, 821 6. 793 3,950 4 29fi 13, 959 33, 855 16,330 Percentage increase, 1940 over 1930 23.2 20.6 49. 2_ 21. 0 21.4 19.9 41.2 14.3 11.1. 19.6 32.2 37.2 32.3 25. 2 27 9 37.3 29.1 20. 0 39.7 23. 1 15.7 37.5, 91.2 36.0. Division total « 5, 435.173 1, 419,892 330, 514 30.3 140 d i s t r i c t t o t a l 62,965, 773 17, 220, 831 2, 744, 341 19.0 » Occupied d w e l l i n g k Occupied d w e l l i n g c Each c o l u m n t o t a l i n t o adjacent geographic 463560 0 - 42 - 6 1- to 4-family home mortgages accepted for F H A insurance, 1935-40 O n all homes Number O n new homes As a % of a l l occupied dwellings i n 1940 1,150 6, 530 8,453. 2. 342 2, 532 910 1,667 1,245 2.4 2.4 3.6 2.8 3.9 3.34.9 2.9 242 2, 373 294 <893 427 1.3 8.5 1. 7 2.2 1.6 2 6 3.8 5. 2 2.5 1.3 1. 5 1.4. S.O 11.0 2.0 836 6,112 580 318 306 442 1,100 8, 225 1,231. Number 829 4rMl 6.949 1,595 1,649 538 1,277 624 295 110 1, 858 220 297 308 597 _ 663 4, 522 486. 231 244 315. 3, 612 7, 203 889 As a % of the 1930-40 increase i n dwellings 9.1 9.8 8.9 11. 1 14.6 11. 7 12.8 11 4 5.8 3.6 27.4 4. 6 6.9 5.6 10. 2 11.2 17.1 12. 7 3.4 6. 2 7. 3 25.9 21.3 5.4 51,912 3.7 39, 855 12. 1 546, 842 3.2 358, 587 13. 1 u n i t data for 1930 were estimated on a basis a p p r o x i m a t i n g the boundaries of the m e t r o p o l i t a n district as established i n the 1940 Census. u n i t data for 1930 were estimated on the basis of the boundaries of the m e t r o p o l i t a n district as established i n the 1930 Census, is based u p o n the s u m m a t i o n of the figures of the m e t r o p o l i t a n districts i n their e n t i r e t y , i n c l u d i n g m i n o r district parts w h i c h s p i l l over divisions. 76 The principal manufactures of the Macon Metropolitan District are cotton textiles, cottonseed oil, sewer pipe, tile, terra cotta, furniture, and barrels. I t is a large inland cotton market. Savannah is the largest cotton exporting port on the Atlantic Coast. I t also exports large quantities of lumber, fertilizer, tobacco, and naval stores. Manufactures include fertilizer products, cottonseed oil, cotton textiles, jute, and cotton bagging. A l l of the five North Carolina metropolitan districts are located entirely within the State. Asheville is a popular winter resort. I t is a tobacco and apple marketing center. Its industries include meat packing, hide tanning, cotton textile and furniture manufacture. Charlotte acts as a trade and distributing center for southwestern North Carolina and northwestern Georgia. Manufactured products include cottonseed oil, and cotton textiles. The Durham Metropolitan District is a major tobacco manufacturing center. Its other products include cotton textiles and hosiery. I t is also the site of a large university. Greensboro manufactures bobbins, cotton textiles, pipes for smoking, and furniture. Winston-Salem is a great smoking tobacco manufacturing center. I t also is a large producer of cotton textiles. Charleston is the larger of the two metropolitan districts located principally within the State of South Carolina. Charleston harbor contains a large United States Navy Yard. The commerce of the port involves the exportation of cotton and cotton products, tobacco, and coal, and the importation of fertilizer materials and mineral oils. The principal manufactured products are commercial fertilizer, woven asbestos, refined oil, railway ties, and cotton goods. The manufacture of cotton products* is the principal industry of the Columbia Metropolitan District; other manufactures include hardwood lumber products and pottery. The principal industry of the Norfolk-Portsmouth-Newport News Metropolitan District in the State of Virginia is the large United States Navy Yard located there. The Yard constructs naval vessels and has servicing facilities for the fleet. There are large exports of coal and tobacco products through the port. The metropolitan district of Richmond is the capital of FEDERAL HOUSING ADMINISTRATION the State and has many persons employed in governmental activity. I t is a distributing and trading center for Southern Virginia and Northern North Carolina. Manufactures include tobacco products, paper and paper products, books, newspapers, and periodicals. Roanoke manufactures rayon, structural steel, and furniture. Charleston is the capital of West Virginia. Its products include ammonia, lumber products, paper and paper products, and railway mine cars. The metropolitan district of Huntington-Ashland is located principally within the State of West Virginia and subordinately in Kentucky. I t is a highly industrialized community, the products of which include rolled steel, coke and fire brick, glass, pottery, railway cars, and leather products. The Wheeling Metropolitan District is similar. Its manufactures include iron and steel, tobacco products, pottery, and leather products. F H A activity. The F H A had accepted for insurance through December 31, 1940, mortgages on 51,912 small homes in the twenty-four metropolitan districts located primarily in the South Atlantic Geographic Division, 3.7 percent of the 1,419,892 occupied dwelling units of all types enumerated therein by the 1940 Census. This proportion for the F H A slightly exceeds the 3.2percent share for the 140 metropolitan districts of the United States. F H A activity has varied% considerably among the twenty-four metropolitan districts of the South Atlantic Division. I t was relatively greatest in the Miami Metropolitan District where small home mortgage acceptances by the F H A accounted for 11.6 percent of the total occupied dwelling units. For the Charlotte and Jacksonville Metropolitan Districts proportions are 8.5 and 8.0 percent, respectively. Of the metropolitan districts in which F H A activity was slight, the Wheeling Metropolitan District was notable. Small home mortgage acceptances by the F H A amounted to but 1.0 percent of the occupied dwelling units. I n the Asheville and Columbus Metropolitan Districts FHA's share was but 1.3 percent. Of the 330,514 occupied dwelling units added in the South Atlantic Division during the decade 1930-40, some 12.1 percent, or 39,855 new, small homes were financed under the F H A Plan. This proportion for the F H A was slightly less than HOMES I N METROPOLITAN DISTRICTS the average of 13.1 percent within all the 140 metropolitan districts of the United States. Among the metropolitan districts in which F H A activity was outstanding is Charlotte, where 27.4 percent or somewhat more than one of every four dwelling units added during the years 1930-40 represented an F H A mortgage acceptance on a new, small home. I n the Jacksonville Metropolitan District, 25.9 percent of the dwelling unit addition represented F H A small home mortgage acceptances. I n the Miami Metropolitan District FHA's share was 21.3 percent. The metropolitan districts in which FHA's proportion of the dwelling unit addition was 77 slight include Durham, where but 4.6 percent of the new dwelling units were financed under the F H A Plan; the Asheville Metropolitan District with 3.6 percent; and the Columbus Metropolitan District with 3.4 percent. Individual metropolitan districts. On the following pages are shown F H A and Bureau of the Census data for each of the twenty-four metropolitan districts located predominantly within the South Atlantic Geographic Division. Some purposes which the reader may make these data serve are considered at the beginning of this section. A n explanation of the terms used appears in the Appendix. FEDERAL HOUSING ADMINISTRATION 78 WILMINGTON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number 1930, estimated by F H A 1940 Number For sale or rent Not for sale or rent Percent Number 112,504 76,470 106.597 60,149 5.907 16,321 5.5 27.1 29.293 19,290 25.5*3 13,880 3.750 5,410 14.7 39.0 56 298 782 630 2.6 3.1 188,974 166.746 22,228 13.3 48,583 39.U23 9.160 23.2 35* 1,412 2.8 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Number 1935 1936 1937 1938 1939 1935-40 Amount Total 1935-40 Mortgages: Number Amount Projects: Number Dwelling units..— Number Amount 15 108 76..., 184 213 $ 66.850 78 88 655.350 383,600.., . . . . . 5 3 . . . . 937.600 42 1,019,200 31 29... $ 404.550 382,300 214,200..J 163,000 125,700 829 4,133,600 1,421,650 Table 4—Rental projects 321 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others $ 740,000 2 179 New homes 8.9 23.1 .....1.9... *3«5 22.2 Table 7—Capacity of garage, 1940 100.0 1.150 5.555.250 20.0 73.1 6.9 Wood Brick Stucco Other 100.0 Percent distribution Total Average FHA value of property 11.8 $3.^5 .24.7.. ...4,524.. 3*.i 5.385 6,328 24.3 ..3.9.. ...8,685.. 1.2 11.833* 100.0 2.9 .32*.L 26.5 17.6 ..5.9. 8.8 Existing homes 1934-35 1936 1937 1938 1939 3.5 41.1 Average FHA value of land Land as a percent of property value $*59 ...5U3... 651 863 13.* .12.0 12.1 13.6 .1,220... .14.0 16.6* 1.967* 5.376 5,637 6.13*+ 691 746 810 12.9 $ 2,800* 3.350* ...4,295.. 5.333 7,021 ...8,750*. 15,1*67* $400* 600* 3* 17.9 b .16.3 17.8 14.6 .14.3* 15.4* 13.2 13.2 ...700... 950 1,025 .1,250*.. 2.383* 16.0 15.8 1 Amount 1,482 1.365 1934-40 816 1,044 $ 596.932 616,311 197,202 421,826 53*.*25 6.226 2,940,777 Table 6.—Mortgage as a percent of value, 1940 Amount of mortgage as a percent of F H A valuation of property All homes 37-2 8.3 25.2 .....1.7 40.3 23.9 100.0 100.0 .4 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Percent distribution 1- to 4family homes New homes Existing homes All homes 78.5 69.3 5.5 4.8 ....10.9... ....76.5... ....18.6 2.0 17.7 3.8 2.9 2.7 2.7 .4 Total 100.0 .4 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms New homes A l l groups: 1940 100.0 990 6,199 1939 824 5,208 1938 944 5.285 Bote: A glossary o f terms used i s included i n the Appendix, d i s t r i c t . * Computation based on fewer than 6 cases. $ 471.400 1,037.650 597,800 1,100,600 1,144,900 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 93 196 129 226 244 Percent distribution 1-family homes 4 0 homes New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Number Table 8.—Material of construction, 1940 Percent distri" " M S - F H A valuation of property Year Amount .4 Total Total Number Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 2 No garage 1-car garage 2-car garage 3-car garage A l l homes Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity Property improvement notes Existing homes New homes 50.3*9 Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Total Percent of total r-l CO Metropolitan district Percent S3 I n central city Outside central city Increase a a Existing homes 16.5 4 3 .gI . . . 17.7 52.9 39.6 29.4 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more 5.1 32.6 Total Existing homes 11.8 8.6 29.4 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . , 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . , 5,000 or more Percent distribution 5.1 32.3 .31.5. 9.8 13.5 ..U.7. 3.1 100.0 25.0 .25.0. 12.5 21.9 ..9.4. 6.2 Average monthly payment $ 24.23 28.91 ...3U.25., 36.24 40.65 ...45.67., 46.88 34.00 34.64 40.34 $ 28.25 ...33.63... 36.00* 53.14 ...66.00*. 84.00* Ratio of property value to 2.91 Gross payment as a percent of income ...2.42., 21.9 20.2 .18.6 1.96 ...1.65., 1.14 16.3 1U.7 .12.4 8.4 2.69 2.11 2.20 2.23 2.34 2.29 16.7 16.4 18.6 19.2 .2.22... .18.9 2.04* 2.38 .2.09*.. 1.27b 16.6b 19.2 , . 1 6 . 9 b* 9.9 A l l groups: 1940 100.0 2.04 16.7 43.03 1939 36.74 16.1 1938 17.9 lip 36.92 16.2 Estimated f o r I93O by the FHA on the basis of the boundaries of the 1940 me i r o p o l i t a n 79 HOMES IN METROPOLITAN DISTRICTS TAMPA-ST.PETERSBURGMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Area 1940 1930 a Metropolitan district. Percent 1940 For sale or rent Increase a Number I n central city Outside central city Vacant, 1940 Occupied 1930, estimated by FHA Number Not for sale or Percent rent Number 859.100 187.592 804,874 146,715 5*.226 *0,877 6.7 27-9 227.811 44,i4l 193.991 31»*6o 33.820 12,681 17.* 40.3 396 4,630 8.531 3.870 3.6 7.* 236.738 52,641 1,046,692 951.589 95.103 10.0 271.952 225.*5i 146,501 20.6 5.026 12,401 4.3 289.379 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number Amount Number $ 204,800 1,004,890 a6 4o6.., ...1,871,305.., *.303,850 970 5.033.800 1.27* ...1.636.., ...6,100,800.. 332 ? 1935-40 *.5*1 3 f43*.. ! 287 182 117.. 18,519,445 1.989 Mortgages Type of institution origirating mortgages o r 21Q o f Title I I Mortgages: Number Amount Projects: Number Dwelling units National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks. All others 11 $ 5,565.900 11 1.530 Table 7.—Capacity of garage, 1940 3-car garage Total $1,459,600 2,993,0*0 1.133.600 788,200 510,500.. 1.257 1.456 5.*37.*50 5.822,000 ....6,611,300 7.047,050 6.530 25.566,495 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 • 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more All groups: 1940 1939 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more 1934-35 1936 1938 1939 .2 Other 100.0 .28.8. 32.7 25.9 ..3.5. .7 100.0 18.8 .21.4. 17.9 23.2 ..8.0. 10.7 b .3 Amount of mortgage as a percent of FHA valuation of property 86 to 90 81 to 85 76 to 8U 71 to 75 61 to 70 51 to 60 50 or less 100.0 Exterior material Wood Brick 8.4 All homes 0.6 5.8 1.0 6.8 7.0 9.* ....50.4... ....20.9... ....48.0 a.8 26.8 22.2 18.7 20.0 33.8 100.0 Total Average FHA value of property Average FHA value of land Land as a percent of property value $ £.644 -559.. 5.376 6,700 8.653.. io, 904 9< $522 742 1*.3 .12.9 13.8 2,100 .16.9 19.3 5.*92 5.95* 6,386 $ 3.*02 ...4,373.. 5.320 6,708 ...8,694.. 11.35* ...588., 76* 8*0 973 $593 ...79*.. 937 1.39* .2,208., 3.*08 1*.0 13.9 l*.l 15.2 17.* .18.2 17.6 20.8 .25.* 30.0 5.830 ' 7.116 ...1,650.., 5.020 6.457 $ 2.390,736 2.905.57* 672,349 2.047,256 2,508,689 3*.1*9 14,067,636 1934-40 Percent distribution 1- to 4family homes New homes Existing homes 85.2 6.6 2.9... ....72.1... 11.6 1.7 8.5 L....U.. 5.*... 2.* .3 Total 100.0 100.0 All homes 79.3 6.1 7.8 2.* 3.3 7 .4 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes 50.5 45.6 Percent distribution Existing homes Amount Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes Number Amount 371 Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property Number Year Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage $1,254,800 1.988.150 100.0 Total Garage and car capacity Amount All homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes 1935 1936 2937 1938 1939 194 0 Total Percent of total Percent distribution 1-family homes Number of rooms New homes Existing homes 63.3 39.3 33.9 32.3 7.2 100.0 100.0 New homes 10.0 13.9 4 rooms or less 5 rooms 7 rooms or more Total Existing homes 0.9 9.8 3.1 35.7 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more Percent distribution Average gross monthly payment $ 25.58 2.9 28.1 .30.*. 16.7 Si92 15.1 ..3.8. ...50.2*., 59.73 3.0 100.0 37.99 40.72 *3.85 $ 23.00 c 2.9 30.1* 13.3 .17.2.. ..32.39.. 36.19 15.2 *5.15 19.0 .12.4.. ...59.08.. 7*. 00 20.0 Ratio of property value to income Gross payment as a percent of income 2.98 22.9 2.73 22.2 .2.41... 19.8 2.12 17.6 1.92 16.1 .1.68.... ....14.0 11.1 1.23 2.19 2.15 2.19 18.1 17.7 18.2 2.99° 22.5 c 2.47 a.i .2.07.... ,...17.* 16.1 1.79 1.72 15.5 .1.73. ...16.0 1.27 12.* 100.0 All groups: 1940 All groups: 1940 5.997 a.9 1.315 100.0 46.46 1.65 15.1 1939 1939 6,208 18.* 1,1*1 1.80 46.00 16.0 1938 5.519 , 1938 23.2 1.279 1.68 *2.5Q 16.0 Not*: A glossary of terns vised is included in the ippendiz. a Sstiaated for 193O by the THA on the basis of the boundaries of the 1940 metropolitan b c district. Less than 0.05 percent. Computation based on fewer than 6 cases. FEDERAL HOUSING ADMINISTRATION WASHINGTON, D.C. METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 a Number I n central city Outside central city Metropolitan district Percent 1940 66^,091 244,725 486,869 137.341 176.222 107.384 36.2 78.2 173.709 64,170 907,816 624, a o 283.606 | 45.4 237.879 Increase For sale or rent Number Percent N o t for sale or rent Number 125.554 33.894 48,155 30.276 38.4 89.3 1.685 396 9.999 3.093 5.4 4.6 185.393 67.659 159.448 78.431 49.2 2.081 13.092 5.2 253.052 | Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Number Amount Number 144 $ 1,017.750 3.443,000 a . . . ...2,4a.45o... 6.898.300 1,218 9.829.850 1.852 . . . 2 , 7 8 3 . . ..14,863,100.. 1935 1936 193 7 1938 1939 1940 38.474,350 6,949 1935-40 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I 1.504 National banks State banks Savings and loan assns..... Mortgage companies Insurance companies Savings banks A l l others $19,351,500 12 5.502 Table 7—Capacity of garage, 1940 b New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 , 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . 10,000 or more New homes 12.5 20.7 8.0... ZL'X 1.4... . . . . S I . . 8.7 6.7 a; ...9.6.. 3-1 J 100.0 Wood Brick Stucco Other 2.6 26.8 a.5 1.6 New homes Average FHA value of property Average FHA value of land 100.0 $ 2.744 3.566 ..4.599.. 5.488 6,486 ..8,600., 12.095 $250 333 ...510.. 682 841 .1.2551.961 6.173 $ 2,500 c 3.550® , . . 4,680 c, 5.399 6.833 ..8.813.. 11.930 797 782 846 $ 250 c 567 c ...510c. 802 1.114 .1.616., 2.513 Land as a percent of property value 9.1 9.3 .11.1 12.4 13.0 .14.4 16.2 12.9 12.8 12.8 10.0 C 16.0 C .10.9° 14.9 16.3 .18.3 a.i Existing homes All homes 76.4 80.5 7.6 8.1 8.8... ....79.8... ....12.4 1.8 2.4 13.2 .6 .9 5.2 9... Total 100.0 .9 .1 100.0 100.0 Table 9.—Size of home, 1940 D Percent distribution l - f a m i l y homes Number of rooms Existing homes 12.5 71.9 5.0... 10.6 Total 6.598 ..4.4., 22.8 34.2 .14.0.. 21.1 .....7.9 Percent distribution 1- to 4family homes 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 New homes 6,098 o.q Amount of mortgage as a percent of F H A valuation of property Percent distribution l - f a m i l y homes 100.0 0.1* 10.7 ...7.1.. 13.1 20.5 8.6 100.0 13.494.653 Table 6—Mortgage as a percent of value, 1940 b Exterior material 70.7 27.5 Percent distribution 20.9 17.2 7.0... 20.4 28.544 1934-40 All homes Existing homes Amount $ 2.991.784 6.079 3.256.954 6.854 708.039 1.255..„ 4,as 1.854.028 4,544 2.0^7.013 . . . 5 . 5 9 4 . . . ...2,646.835 1934-35 1936 193 7 1938 1939 194 0 47,514,160 8.453 New homes 4 5 6 7 a.i 64.9 7.9 6.1 rooms or less rooms rooms rooms or more Existing homes 2.6 13.2 36.0 42.7 ....40.9.... ....33.3 28.1 3.2 Total 100.0 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940b Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: A l l groups: 1940 100.0 17.8 7.638 1.359 1939 18.8 8.340 1.571 i.4oo 1938 17.5 7.983 l o t e t A glossary of t e n s used Is included i n the Appendix. * Sstiaated f o r 1930 by the m d i s t r i c t . ° Because of c e r t a i n limitations i n the saaple selected for tabulation, s t a t i s t i c s c Coaputation based on fewer than 6 cases. Number Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 * F H A valuation of property Year Amount Table 8.—Material of construction, 1940* Percent distribution all 1- to 4-family homes Total 9.039.810 100.0 Total N o garage 1-car garage 2-car garage 3-car garage Number 458 602 $ 2.904.980 $ 3.922.730 420 958 2.392.830 5.836.730 996.600.., 172... 586... . . . . 3 , 4 1 8 . 0 5 0 1.160.200 8.058,500 194 1.412 811.600 10,641,450 130 1.982 773.600.. . . . . 2 . 9 1 3 - . ,...15.636,700 130.. • Type of institution originating mortgages a Garage and car capacity Amount A l l homes Table 5.—Type of originating mortgagee, 1940 b Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Percent of total Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Total 1930, a estimated by F H A Percent distribution 2.8 13.7 .23.4.. 18.3 29.1 ..8.2.. 4.5 100.0 2.8 .15.6.. Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 62.06 2.70 2.77 .2.50.. 2. a i.97 .1.75.. 2.73 41.19 40.14 44.63 2.11 2.05 2.19 16.9 16.2 $ 23.67° 2.97° 2.89 .2.51.. 2.47 2.14 .2.23.. a.6c a.4 .19.5 19.5 16.8 .17.9 13.5 $23-59 ST 45.74 ..52.26., ...f.il.. 44.27 10.1 47.12 31.2 .16.5.. ...65.17... 15.5 71.82 1.66 20.5 21.1 .19.5 17.8 16.1 .14.4 U.9 17.8 1940 100.0 16.8 50.13 2.13 1939 54.61 15.8 2.00 1938 52. a 14.8 1.89 on the basis of the boundaries of the 1940 Metropolitan for t h i s d i s t r i c t say not be e n t i r e l y representative. HOMES IN METROPOLITAN DISTRICTS 81 NORFOLK - PORTSMOUTH - NEWPORT NEWS METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Occupied Increase Vacant, 1940 Area 1940 1930 a Number I n central city Outside central city Metropolitan district Percent 1930, • estimated by F H A 1940 Increase Number For sale or rent Percent N o t for sale or rent Number 232,144 98.252 209,831 74,163 22,313 24,089 10.6 32.5 60.362 22.565 51.679 16,855 8,683 5.710 16.8 33-9 239 576 1,780 1,026 2.9 4.2 62,381 24,167 330.396 283,994 46,402 16.3 82,927 68,534 14.393 21.0 815 2,806 3.2 86,548 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes 1935 1936 1937. 1938 1939 1940. 31 107 ..72.. 290 3 f§ .766. 6.637.520 747 2,61*3,108 Type of institution originating mortgages National banks State banks Savings and loan assns.* Mortgage companies Insurance companies Savings banks A l l others 4 435 22.7 7.0 .11.5.. 26.8 6.8 25.2 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Existing homes 58.1 All homes 25.6 7.0 Amount of mortgage as a percent of F H A valuation of property 7.5 ..8.1.. 15.2 .11.2 2.2 25.8 6.5 86 81 76 71 61 8.9 23.9 50 or less 8,175 3.587.872 to to to to to 90 85 80 75 70 Percent distribution 1- to 4family homes New homes Wood Brick Stucco . . . . . . . . . . . . . . . . Other Total Average FHA value of property Average FHA value of land Land as a percent of property value 5.203 5.120 5.259 $ 2,750® 3.9 15.4 3.375 ...34.6... ...4,375.... 5.348 25.0 6.667 11.5 . . . . 7 . 7 . . . ...8,563®.., 10,650® 1.9 635 631 669 $400® 469 723 1,008 2,000® 12.2 12.3 12.7 14.5® 13.9 ...14.0 13.5 15.1 ...14.0® 18.8® Existing homes All homes 49.7 59-3 13.1 15.3 ...14.9.... ...65.4...^ ...22.8 6.3 11.5 5.6 3.4 17.3 100.0 1.9 •3 100.0 100.0 Table 9.—Size of home, 1940* Percent distribution 1-family homes Number of rooms New homes 2.6 $236 8.9 $ 2.637 423 20.0 12.6 3.350 ...21.5..< ...4,333.. 467.. . . . 1 0 . 8 24.9 12.8 5.353 686 U.9 24.9 6.672 797 ....5.3..« ...8,636.... ...1,229..., ...14.2 .8 10,625® 11.8® 1.250c 100.0 ii244 1.194 - ..1,570.... $ 630,006 832.255 197,807 526.513 531.471 869,820 Table 6.—Mortgage as a percent of value, 1940* Exterior material 100.0 100.0 1.572 2,202 Percent distribution 1-family homes 31.3 61.2 7.5 Percent distribution Amount 1934^0 Total Table 10.—Averages by property value groups for 1-family homes, 1940* New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1938 1939 194 0 9,280,628 2.342 Percent distribution of amount of 1- to 4-family home mortgages New homes Number 1934-35 1936 Table 8—Material of construction, 1940* Percent distribution all 1- to 4-family homes F H A valuation of property $ 757.450 1.455.978 ...610,750 1,561,650 1,551,600 •3.343.200 Total Table 7—Capacity of garage, 1940* Total ...270,900. Year Amount Table 5.—Type of originating mortgagee, 1940 4 $ 1,519,000 No garage 1-car garage 2-car garage • • « . . . . . . . . 3-car garage 208 U08 ..154.. 366 370 . .836. $ 632.150 1,000,538 ...295.900.. 285.770 157.850 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity Number 177 301 ..82., 76 41 ..70. Table 4.—Rental projects Mortgages: Number Amount Projects: Number. Dwelling units A l l homes Amount $ 125.300 U55.U140 ...314.850. 1,275,880 1.393.750 .3,072.300. 1.595 Total 1935-40 Total Percent of total 72.8 12.5 Existing homes 14.7 73-1 23.1 1.9 1.9 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 4.9 1-9 53.2 44.3 ....3O.9.... ....26.9 11.0 26.9 100.0 Total 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940* Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 7.2 $21.58 2.55 27.03 25.7 2.32 ...3O.3.. ...33.34..., ...2.30 37.23 2.13 16.7 14.8 41.51 1.85 2.3-. ...59.33...1 ...1.94 52.13 1.28 . 3-0 19.1 17.9 ...18.0 16.6 15.0 ...16.3 9.5 2.10 2.11 1.98 16.4 16.8 16.3 100.0 33.88 33.94 36.06 $ 17.00® 2.08® 2.0 26.69 2.33 25-5 ...31.3... ...28.13.... ...2.03 30.50 1.82 15.7 1 73 ' e 3903 11.8 . . . . 9 . 8 . . . ...52.20®.., ...1.82® 51.50® 1.47® 3.9 15.5 C 18.1 ...15.0 13.4 11.4® 14.2 A l l groups: 1940 1.92 14.6 100.0 727 5.109 32.51 15.2 1939 1.89 14.6 4.875 741 31.67 15.4 1938 I.56 5.007 13.I 773 35-62 Hot*J A glossary of terms used I s included in the Appendix. * Estimated for I93O by the JHA on the basis of the boundaries of the I9UO Metropolitan d i s t r i c t . * Because of certain limitations i n the sample selected for tabulation, s t a t i s t i c * f o r t h i s d i s t r i c t may not be e n t i r e l y representatiye. ®Coqmtation based on fever than 6 cases. A l l groups: 1940 1939 1938 FEDERAL HOUSING ADMINISTRATION 82 RICHMOND METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number In central city Outside central city Metropolitan district Percent 1940 193.042 52.632 182,929 37.58* 10.113 15.0*8 5.5 40.0 50.93* 13,*67 245.674 220.513 25,161 j 11.4 6*.391 ! Increase 1930, estimated by FHA Number 44,774 8,284 6,150 5.183 53.058 n.333 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I For sale or rent Number Percent of total 8:2 98 88 l,*23 639 2-7 *»5 52,445 14,194 21.4 186 2,062 3.1 66,639 Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Amount Number 1935 • 1936 1937.... 1938 1939 8,307.050 1.649 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I National banks State banks Savings and loan assns. . • Mortgage companies Insurance companies Savings banks All others $1,310,000 7 327 a New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more All groups: 1940 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1934-35 1936 1937.... 1938 1939 1940.... ss 276... 1,237,200 2,570,900 532 2,578,200 516 659... ...3.192.300 New homes 2.6 11.0 .17.5.. *7«5 16.6 *.8 Existing homes Amount of mortgage as a percent of FHA valuation of property All homes 12.0 2U.5 31.8 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 8.6 5.2 50 or less 3.* Total Average FHA value of property $ 2,829 3.*56 ,.23.1.. ...4,379., 5.321 16.5 6,651 , . 23.1 .3.7.. ...8,65911.936 2.5 7-3 23.8 100.0 4.1 17.* 17.3 25.5 ,..9.2. 6.1 100.0 Average FHA value of land Land as a percent of property value $271 9-6 10.3 .10.5 625 846 .1.317. 1,804 11.7 12.7 .15.2 15.1 5.070 5.817 5.755 602 759 765 11-9 $2,450* 3.*35 $400 b 462 ...629... 718 1.038 .1,417.. 3.7*2 ...4,405.. 5.376 6,71* ...8,*72.. 12.317 13.0 13.3 16.3 * .14.3 13-4 15.5 .16.7 30.4 Existing homes All homes 100.0 100.0 Table 9.—Size of home, 1940® Percent distribution 1-family homes Existing homes 12.9 50.0 27.6 ....20.4 2.0 100.0 100.0 59.7 27.4 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 12.6 59.1 1.0 29.6 5.5 3*.7 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940a Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more Percent distribution 6.9 27.8 .28.8.. 16.2 13.7 ..3.I.. 3.5 Average gross monthly payment 2.59 2.35 ,.2.15.. 32.89 2.04 2.18 100.0 37-77 38.22 1.1 18.3 .23.7. 11.8 24.7 ..7.5. 12.9 Ratio of property value to income $21.49 26.19 ..30.5135-39 42.18 ..54.38.. 61.97 2.01 1.89 .1.80.. 1.39 2.25 $17.00* 1.67* 29.06 2.45 ...29.68... ...2.11... 30.64 1.73 *5.«3 1.89 ...48.29... ...1.65... 63.50 1.38 All groups: 1940 All groups: 1940 100.0 100.0 5.772 16.9 973 1939 1939 6.043 1.023 16.9 1938 1938 1,088 5.936 18. 3 Hotel A glossary of terms used Is included in tk 9 Appendix. aBecause of certain limitations in the sample selected this district may not he entirely representative. *Computation based on fewer than 6 cases. New homes Number of rooms New homes .2 Percent distribution 8 Exterior material 100.0 *.68*,325 73.* 67.3 12.5 11.5 9.9... . . . . 6 3 . 7 . . . . . . . 1 4 . 3 2.0 17.7 2:2 1.5 Total Wood Brick Stucco • • • • • • • . . • • • • • • • Other 9.*°i Percent distribution 1- to 4family homes Percent distribution 1-family homes 66.3 29.6 3.9 i.*79 ..2,072. • 853.859 707.767 ...2*3.930 778.910 7*0.559 •1.359.300 Table 6.—Mortgage as a percent of value, 1940a ....16.2 *5«7 17.5 9.8 19.9 2.075 1.778 12,043,618 2.532 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 a FHA valuation of property Number Amount Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total Number Total Table 7—Capacity of garage, 1940 No garage 1-car garage 2-car garage . . . . . . . . . . . . 3-car garage $676,400 1,014,068 644,400... 606,700 452,600 3.736.568 883 Type of institution originating mortgages 7 Garage and car capacity Amount All homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number 30 $167,150 155 104 607,400 260 112... . . . . . 5 9 2 , 8 0 0 . . . . . . . 1 6 4 . . . . 400 1,964,200 132 " 2,125,600 418 98 7*...« 1935-40 Property improvement notes Existing homes New homes Total Not for sale or rent Percent Gross payment as a percent of income 19.8 17.9 .16.5 15.7 15.1 .14.7 11.0 15.9 17.0 17.* 17.0 b 19.4 .16.0 13.8 15.7 ,.13.2 11.5 14.6 1.81 39.30 1.71 14.2 42.45 1.62 *l-37 13.3 for tabulation, statistics for HOMES IN METROPOLITAN DISTRICTS 83 ROANOKE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 1930 Number 1940 1930, estimated by F H A Number Percent Not for sale or rent For sale or rent 69,206 33.91* 81 7.392 0.1 21.8 17.951 9.7*5 15.898 7.209 2.053 2,536 12.9 35.2 21 119 468 257 2.5 2.5 18,440 10,121 110,593 103,120 7.473 7-2 27.696 23.107 4,589 19.9 140 725 2.5 28,561 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Existing homes New homes Amount Number 1938 1939 Table 4.—Rental projects Total 1935^0 A l l homes Amount Number $140,100 213,150 s 288,300 192,100 372 1,421,350 *9 • • • 1 Type of institution originating mortgages $295,000 1 910 New homes 851,200 947,000 17.5 63.1 Mortgage companies Insurance companies 17.1 18.2 - .8 100.0 Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . 10,000 or more 100.0 4.1 8.2 .24.5., 18.3 3*. 7 kl. 6.1 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 New homes 24.1 71.7 Wood Brick Percent distribution 1- to 4family homes New homes 100.0 Total Average FHA value of property Average FHA value of land $ 2.725a 3,402 ..4,493. • 5.370 6,476 ..8,638.. 12,299 $ 225 401 ...456.., 573 707 .1,241... 2,200 5.76* 5.825 5.730 $ 2,500 a 3.375a ...4,417... 5.389 6.537 a 677 708 748 ...8,250 . 11,417a 869 5.753 831 5.324 867 5.3*3 A glossary of terms used i s included i n the Appendix. a .10.1 10.7 10.9 .14.4 17.9 11.7 12.2 13.1 11.0 • 275 a 425 a ...558.. 911 971 .1,225 a. 2,i67a a 12.6 a .12.6 16.9 14.9 a .14.8a 19.0 15.1 A l l groups: 1940 1939 1938 15.6 16.2 a All homes • 100.0 Total 100.0 100.0 Table 9 — Size of home, 1940 Percent distribution 1-family homes 20.4 New homes 4 5 6 7 100.0 2.6 45.0 ....35.1... 17.3 rooms or less rooms rooms rooms or more 100.0 Total Existing homes 2.0 6.1 ....34.7 57.2 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Land as a percent of property value 8*3 11.8 Existing homes 59.9 *7«5 16.1 20.3 ....14.1... ....64.0... ....24.4 12.0 6.6 5.2 18.0 4.2 .5 2.0... 4 4.0 .8 Existing homes 4.2 Other 100.0 2.1 1.196,340 Amount of mortgage as a percent of F H A valuation of property Exterior material 32.2 11.0 .18.3.. 29.3 27.2 ..8.4.. 3.7 2,973 1934-40 Number of rooms Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . 10,000 or more 463 586 Percent distribution 1-family homes 57-5 ....9.9 .4 Percent distribution .6 100.0 1938 1939 $ 122,135 220,903 ....;.40,662 199.907 244,452 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes F H A valuation of property 17.3 - 696 Table 6.—Mortgage as a percent of value, 1940 All homes 21.4 60.4 VI Amount 1934-35 1936 4,024,350 Existing homes 16.6 63.7 82 Total 191 201 ...236.... National banks State banks Table 7—Capacity of garage, 1940 Note: $ 172.900 332,350 *5 88 Percent distribution of amount of 1- to 4-family home mortgages A l l others N o garage 1-car garage 2-car garage • • 3-car garage Number Amount 1 Garage and car capacity Year Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number........ Amount ... Projects: Number Dwelling units s 2,603,000 538 1935-40 Number $ 32,800 119,200 219,900... 562,900 75*,900 913.300.., 7 23 48.... 118 155 1935 1936 Total Percent of total Number 69.287 41,306 I n central city Outside central city Metropolitan district Percent Increase Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 Computation based on fewer than 6 cases. Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income .24.2. $ 21.21 28.39 ,..34.30., 2.23 19.5 19.5 .18.4 17.1 17.* ..3.7. 5.3 44.91 ..53.57.. 72.90 .1.75.. 1.54 .14.2 12.5 100.0 36.67 36.75 37.49 2.21 16.9 2.32 7.3 30.0 12.1 26.6 ..20.0. 20.0 20.0 ...2.3. 11.1 100.0 38.61 $ 27.50 ...29.89... 38.44 40.33 2.71 2.69 .2.45.. 2.03 2.25 2.49 .2.02., 2.29 1.81 a ...66.00 a .2.56 39.** 3 * . 73 33.08 1.52 1.98 1.83 80.20 .64* 16.0 17.0 18.0 19.1 .15.7 17.* l*.5 a .18.*a 6.8 12.5 15.7 13.8 84 FEDERAL HOUSING ADMINISTRATION CHARLESTON, WEST VIRGINIA METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930* Number I n central city.... Outside central city Metropolitan district.. Increase a Percent 1940 1930, estimated by FHA Number For sale or rent Not for sale or Percent rent Number 67.914 68,418 6o,4o8 47.752 7.506 20,666 12.4 43.3 17.950 16,154 14,067 10,090 3,883 6,o64 27.6 60.1 14 45 555 336 3.0 2.0 18.519 1S.535 136.332 108,160 28,172 26.0 34,104 24,157 9.947 41.2 59 891 2.5 35.054 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number Number Amount 6,733.700 1.277 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages 1 $ 650,000 1 New homes Existing homes 10... 100 344 544... $47,838 42,208 10,261 51,295 150,577 1.248 1934-40 532,6l4 Table 6.—Mortgage as a percent of value, 1940 All homes 62.2 3.3 61.6 1.4 Mortgage companies Insurance companies 12.1 24.1 10.3 24.2 11.8 24.1 1.1 1.3 137 113 1934-35 1936 193 7 1938 1939 8.553.150 Amount Percent distribution 1- to 4family homes Amount of mortgage as a percent of FHA valuation of property 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less New homes Existing homes All homes 68.9 57.1 13.0 10.9 ....13.0... ....79.8... ....24.3 2.2 3.3 2.2 2.9 7... 1.1 3.2... .4 2.1 1:1 174 100.0 4o.l 52.4 6.8 .7 Total 100.0 Percent distribution 1.1 15.7 .13.5. 25.9 24.7 .11.2. 7.9 100.0 100.0 Total Wood Brick Stucco Other Total Average FHA value of property Average FHA value of land Land as a percent of property value 12.5 .12.5 14.2 17.3 764 1.161 .16.0 • a s - 18.4 ttlt 6,068 902 930 904 15.5 15.1 14.9 $ 2.750 * 3.411 ...4,442.. 5.437 6,807 ...8,518.. 12.464 $ 350* 625 ...733... 904 1.291 .1,630... 3.464 12.7 b I8.3 .16.5 16.6 19.0 .19.1 6.191 6.052 5.652 Bote: A glossary of terms used is included in the based on fewer than 6 cases. 27.8 19.6 i,a4 1,108 1.069 Jppendix. a 100.0 100.0 Table 9—Size of home, 1940 Percent distribution l-family homes Number of rooms Exterior material 11.2 $3,516 . 2 4 . 5 . . ...4.330.. 18.7 5.369 34.4 6.715 . . 8 . 8 . . ...8.433.. 2.4 13.250 100.0 100.0 Percent distribution l-family homes Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property 100.0 Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage. 3-car garage 1.667 Percent distribution of amount of 1- to 4-family home mortgages All others Garage and car capacity A l l groups: 1940 1939 Number $ 135.650 692,900 951,100 2,074,300 2,070,900 61.4 1.1 Table 7.—Capacity of garage, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more 22 129 177... 408 409 National banks State banks Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more Year Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 1.819,450 390 Number $ 70.650 178.500 132,700... 568,200 469,000 400,400... 9 1935-40 All homes Amount 18 1938 1939 194 0 Property improvement notes Existing homes $65,000 13 514,400 38 818,400... . . . . . 3 1 . . . ilk 284 1,506,100 310 1,601,900 99 85...j 437... . . . 2 , 2 2 7 , 9 0 0 . . . 1935 1936 Total Percent of total New homes Existing homes 59.6 16.6 55-1 23.6 21.3 11.2 100.0 100.0 4 rooms or less 5 rooms 6 rooms 7 rooms or more Total New homes Existing homes 7.6 50.1 ....35.1.... 7.2 1.1 18.0 46.1 34.8 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more distrf bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 22.8 2.8 $ 25.08 3.07 29.02 19.8 21.3 2.59 ....34.8.. ....34.27... ....2.38.... 18.4 14.2 18.0 40.56 2.33 16.4 2.10 18.8 44.73 4.2.. ....53.78... . . . . 1 . 9 4 . . . . ....14.9 63.88 10.9 1.45 3.9 100.0 - 37.73 39.59 40i44 - 2.22 2.15 1.96 - 17.1 16.6 15.7 - I8.7 $ 27.67 2.25 7.5 28.7.. . . . . 3 1 . 4 8 . . . . . . . 2 . 2 3 . . . . . . . . 1 6 . 3 16.6 38.08 2.29 16.3 1.85 27.5 40.59 14.5 8.7.. ....41.29... . . . . 1 . 6 1 . . . . ....11.8 1.83 63.56 12.9 11.3 All groups: 1940 100.0 39.24 1.98 14.7 1939 14.9 39.84 18.3 1.94 1938 18.9 13.I 1.57 39.29 Based on the metropolitan d i s t r i c t as established in the I93O Census. * Computation HOMES IN METROPOLITAN DISTRICTS 85 HUNTINGTON - ASHLAND METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Area 1940 I n central city Outside central city Metropolitan district 1930, estimated by F H A 1930 Number Vacant, 1940 Occupied Percent 1940 For sale or rent Increase N o t for sale or rent Percent Number Number Percent of total Total 108,373 62,606 104,646 58.721 3.727 3.885 3-6 6.6 28,393 15.130 24,772 13.293 3.621 1.837 14.6 13.8 26 36 775 446 2.7 2.9 29.194 15.612 170,979 163.367 7.612 4.7 43.523 38.065 5.458 14.3 62 1,221 2.7 44,806 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes A l l homes Existing homes New homes Amount 1935 1936 1937.. 1938 1940.. 6 39 ..35.. 134 188 .222.. 624 .1,080,000., 66 176 -.77.. 102 112 ..88., $ 233,150 594.675 ...284,150.. 447,500 431,800 ...317.300.. 2.967.500 621 2.308.575 $ 35,250 204,350 ...178,900., 665,300 803,700 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Type of institution originating mortgages None Existing homes New homes Mortgage companies Insurance companies 16.8 39.9 5.0 52.9 14.0 43.O " - A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Vote: 2.7 Other Total Average FHA value of land New homes 5.604 5.239 6.059 8.6 $ 2,438 24.7 3.315 ...25.8.. ,..4.259...., 5.315 21.5 10.8 6.740 1.1 12,000 100.0 4.765 4.937 5.926 a a 14.0 14.0 15.3 784 736 928 $506 585 717 880 1.095 ,..1,829... 2,500a 20.8 17.6 16.8 16.6 16.2 21.5 20.8 845 888 1,106 17.7 18.0 I8.7 a Existing homes All homes 100.0 Total 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes New homes Existing homes 44.7 28.3 58.1 31.2 26.1 7.5 100.0 100.0 New homes 4 rooms or less 5 rooms 7 rooms or more Total 9.8 49.I 31.U... 9-7 100.0 Existing homes 1.1 24.7 21.5 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Land as a percent of property value $ 2,750a 12. 7 3.524 12.3 • s ' ...4,431.... .....573.... ....12.9 13.4 719 6^466 14.2 919 ...8,517.... ...1,367.... ,...16.1 12,042 17.3 2.083 A glossary o f t e r n s used i s included i n the Appendix. 100.0 Percent distribution 1- to 4family homes Number of rooms Wood Brick Average FHA value of property 757.348 75.0 53.4 10.5 7.5 ....11.1*... . . . . 7 2 . 3 . . . ...28.9 1.8 5.0 12.8 2.5 1.3 5.3 5.3... 1*5 1.2 4.3 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Exterior material "9:l 100.0 Amount of mortgage as a percent of F H A valuation of property Percent distribution 1-family homes 100.0 0.9 10.6 " 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 2.179 Table 8.—Material of construction, 1940 22.7 67.4 Percent distribution All homes 42.8 Percent distribution all 1- to 4-family homes F H A valuation of property 1940., $ 189.912 149,005 ....45,707 79.593 122,598 ...170,533 Table 6.—Mortgage as a percent of value, 1940 42.1 100.0 565 381 .111., 226 367 .529. 5.276.075 43.O Table 7—Capacity of garage, 1940 Total 1,245 Percent distribution of amount of 1- to 4-family home mortgages A l l others No garage 1-car garage 2-car garage... 3-car garage 1,112,800 1.235.500 •1.397.300 .310. National banks State banks Total Garage and car capacity 1934-35 1936 193 7 1938 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 $ 268,400 799.025 ...463,050 72 215 .112., 236 300 a Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Computation based on fever than 6 cases. Percent distribution 4.4 27.1 .35.6. 12.0 16.4 ..1.8., 2.7 100.0 Average gross monthly payment $ 22.00 27.84 ..32.29.. 39.70 43.73 . . 4 8 . 5 0 a. 73.33 2.86 2.68 .2.39.. 2.31 2.05 .1.703 1.94 34-78 32.45 37.31 2.32 2.22 13.8 ...5.8.. 3.5 $ 26.50» 22.55 ..27.52... 31.18 40.58 . . 51.20 a . 50.00a 100.0 30.13 35-6 ..26.4., 12.6 Ratio of property value to income 31.28 38.02 2.14 Gross payment as a percent of income 20.1 19.5 .17.4 17.8 15.9 .12.9a 14.8 17.3 16.5 16.2 1.02 23.6a 15.7 .14.6 13.6 14.6 .I4.4a 9»7a 2.04 1-99 1.94 15.3 15.1 14.9 4.54* 2.20 .1.90... 1.92 .1.97 a . . FEDERAL HOUSING ADMINISTRATION 86 WHEELING METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 1930* Number I n central city Outside central city Metropolitan district 6I.O99 135,241 61,659 130,401 -560 4,840 196,340 192,060 4,280 Percent 1940 -0.9 3.7 16,558 33,813 2.2 50,371 | | For sale or rent Increase 1930, • estimated by FHA Not for sale or Percent rent Number 15,55* 29,768 1,004 4,045 6.5 13.6 45,322 5,049 11.1 Percent of total 19 95 342 533 2.0 1.5 16.919 34.441 114 875 1.7 51.360 Table 3—Volume of Title I Notes insured Table 2—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year 1935 1936 1938 1939 Number Amount 5 32 ....57..... 57 72 $ 29,350 161,150 1935-40 Amount 31 83 ....42 20 12 ....Hi $ 115.250 300,076 ...148 000 85,000 43,100 202 739.726 1.397,300 295 All homes Number Amount 36 115 99.... 77 84 . . . . .86 . . . $ 144,600 461.226 l^lvX 500 3*5.900 363.700 497 2,137.026 Year Number 1934-35 1936 193 7 1938 1939 Type of institution originating mortgages National banks State banks Savings and loan assns • Mortgage companies Insurance companies Savings banks All others None New homes Existing homes All homes 36.9 66.5 26.6 ..6.9., .14.2 U6.2 40.8 1.6 Garage and car capacity 1.3 86 81 76 71 61 No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage Total New homes Existing homes Wood Brick 92.0 6.7 85-7 1U.3 Other 1.3 Total 100.0 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . , 10,000 or more Percent distribution 6.7 •25.3.. 49.3 14.7 ..2.7.. 1.3 100.0 35.8 .21.4., 21.4 21.4 Average FHA value of property Average FHA value of land Land as a percent of property value $3.^20® ..4,424... 5.322 6,600 ..6,750®.. 15,650® $440® ...589... 735 900 .l,375c.. 3,000® 12.9® .13.3 5.384 5.256 5.395 750 749 765 13.9 14.3 14.2 $3,160® ..4,250.®., 5,250® 6,750® $ 490® ...600.®.. 817® 1,417® 15.5 c .14.1® 15.6® 21.0® 13.8 13.6 .15.7° 19.2® 100.0* 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms 7 0 1.1 All homes - 100.0 Total Exterior material Existing homes 55.1 65.3 16.0 8.0... ...50.0.... . . . . f t l 21.4 4.0 6.7 21.4 6.7 9.0 50 or less Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property New homes Percent distribution 1-family homes 27.0 64.0 803,729 Percent distribution 1- to 4family homes to 90 to 85 to 80 to 75 to 70 Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes $ 201,664 192,406 39,740 79.H7 119,890 2.142 Amount of mortgage as a percent of FHA valuation of property Total Table 7—Capacity of garage, 1940 Amount Table 6—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages .15.3.. ....104.... 212 297 1934-40 Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Number 260,900 320,600 Table 4.—Rental projects Total 1935-40 Existing homes New homes Total Number " 100.0* 4 rooms or less 5 rooms 6 rooms. 7 rooms or more Total New homes Existing homes 21.3 36.0 ....38.7.... 4.0 35.7 50.0 100.0 100.0* Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4 000 to 4 999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4 000 to 4 999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 25.80® 3.88 c 6.8 24.7® 31.00 2.87 42.5 21.6 ...27.4... ...34.70.... ....2.37.... ....18.8 1.92 8.2 35.67 15.5 2.06 16.0 13.7 42.90 1.4 100.0 98.00 c 2.48® 18.7 c 34.59 3U.67 35.56 2.49 2.17 2.35 19.0 17.1 18.6 21.4 $19.67® 43.0 25.67 . . . 1 4 . 3 . . . ...24.50° 49.00® 7.1 39.00® 7.1 7.1 49.00® 2.87® 2.59 ....1.77®... 1.3T C 18.0® 19,1 « 13.0® 21.8® 13.0® 11.5® 28.50 16.2 100.0* All groups: 1940 4,611 782 17.0 35.67 t% 1939 20.2 12.7 1,047 5.176 37.80 1938 1.49 12.8 19.6 1.035 5.275 Hote: A glossary of terns used le included in the Appendix. * Estimated for I93O by the 1HA on the basis of the boundaries of the 1940 metropolitan district, b Distribution based on fever than 26 cases. c Computation based on fewer than 6 cases. All groups: 1940 1939 100.0* HOMES IN METROPOLITAN DISTRICTS 87 ASHEVILLE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1930, estimated by F H A 1940 For sale or rent Increase N o t for sale or Percent rent Number Percent of total 51.310 25.01* 20)3** 1.117 *.670 2.2 23.0 13.270 5.605 11.695 *.091 1.575 1.51* 13.5 37.0 *8 95 575 216 *.l 3.7 13.893 5.916 76.32* 70.537 5.7«7 8.2 18.875 15.786 3.089 19.6 1*3 791 *.o 19.809 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured M<jrtgages on 1- to 4-family homes Year New homes Number 1935 1936 193 7 1938 1939 1940 Amount 110 Number 5*2.100 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units $ 59.600 171.855 10 18 35.600 52.100 132 397.155 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Number 1934^35 1936 193 7 1938 1939 $89,150 25 321.505 85 3 9 . . . . ....170,200 7*. 200 21 13*,000 35 2*2 New homes *~7 - 39.* 51.1 81.6 18.* *.8 " 100.0 Wood Brick Other 100.0 Total Average FHA value of property 2*"l $3,521 ....20.7.. ....*,271. 17.2 27.6 3.5.. ....9,000* 10,875 b 100.0 5»*97 c c $ 2.500* 3.500* b ....16.7.. ....*,o63 5.000* 8.3 - All homes 3.8 *7.3 *5.o 3.9 100.0* - Average FHA value of land $357 383.... 520 b 800 900^.. i»375b 602 c c 1,000* - Land as a percent of property value 10.1 9.0 9.Sb 12.3 V 10.0* 12.6* 10.9 c c lU.0* 12.0* 12.9 b 20.0* - 1.125.080 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property New homes 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Existing homes 60.0 1:? All homes *2.8 9.5 ....75.0... ....33.3 16.7 7.2 8.3 7.2 - - Total 100.0 100. o a 100.0 - 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms New homes Existing homes 13.8 17.2 83.3 16.7 65.5 - 100.0 100.0a New homes 4 rooms or less 5 rooms 3-5 51.7 ....27.6 17*2 7 rooms or more 100.0 Total Existing homes 8.3 33.* 25.0 100.0a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Percent distribution Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 25.00b 3.8 2.73b 22.7 b 29.1* 25.9 19.5 ....25.9.. ....31.00... ....16.9 2.0** 1*.8 17.5b 1*.8 1.72* *2i25* 15. * b 17.6* 7.*.. ....68.00^ ....2.07*1.. 6*. 50* 1.*** 11.7* 7.* 100.0 38.78 c c 1.96 c c 16.* c c 18.2 2.01* $ 25.00* l6?7b ....72.7-. ....26.25... . . . . l . * 8 . . . . ....13.8 A l l groups: 1940 A l l groups: 1940 100.0a 3.385 13.7 *63 1939 c c 1939 c 1938 1938 c c c Note: • glossary of terms used i s included i n the Appendix. * D i s t r i b u t i o n based on fewer t h t o 26 cases. c Data not a v a i l a b l e . 3.081 Table 6.—Mortgage as a percent of value, 1940 Exterior material 16.7 61.9 21.* Percent distribution Existing homes Amount $ 125.201 223.067 152... . . . . . . 7 3 . 8 0 1 219.020 535 203.387 57? 1934HU) 939.255 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Year Amount Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Total Number Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 N o garage 1-car garage 2-car g a r a g e « . • • . . . • • • . « 3-car garage Amount 20 5 ? Type of institution originating mortgages Hone Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes $ 29,550 5 1*9.650 27 23.... ....114,700...* 38,600 11 81.900 17 1935-40 Total Number 9.1 - 100.0a 0 31.00* - 1.32b - 11.9b - 26.*5 1*.0 1.5* c c c c Computation based on fewer than 6 cases. FEDERAL HOUSING ADMINISTRATION CHARLOTTE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1930, estimated by F H A 1940 100,899 12,087 82,675 8,589 18,224 3.498 22.0 40.7 24,975 2,880 112,986 91,264 21,722 1 23.8 27.855 ! Increase Number For sale or rent Percent Not for sale or rent Number Percent of total Total 19.243 1,824 5.732 1.056 29-8 57.9 14 8 427 39 1.7 1.3 25,4l6 2,927 21.067 6,788 1 32.2 22 466 1.6 28.343 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes 1935 1936 1937., 1938 1939 1940., 30 162 .250.. 292 492 "632. 66 ..49. $252,350 678,900 ...450,100. 429,200 272,400 ...242,600. 8.53^.600 515 2.325.550 1.858 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages 4 $690,000 4 214 - Mortgage companies Insurance companies 6.4 27.5 15.0 29-9 7.1 27.8 86 81 76 71 61 50 or less 53-2 42.9 52.3 100.0 100.0 100.0 A l l groups: 1940 1939 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999., 10,000 or more A l l groups: 1940 1939 Votei 2.6 Exterior material 36.4 60.5 57.9 36.8 Other 2.8 1.8 100.0 100.0 Average FHA value of property Average FHA value of land $2,755 3.498 ...4,364., $281 ...8.79910,672 677 975 .1,289* Land as a percent of property value 10.2 10.5 .10.8 12.8 1,618 14.8 • 14.6 15.2 4,858 602 12.4 7-0 15.8 . 19.3. 17.5 $350* 910 14.0* 14.7 .15.1 16.9 . . .7.0 5-3 $2,500* 3.392 ...4,493... 5.370 7.078v ..8,250*. 12,083* .1,363*. 2,583* .16.5* 21.4* 100.0 5.714 1,023 17.9 20.0 Existing homes All homes 82.4 75.7 8.3 7.6 7.3... ...74.6.... ...12.7 11.9 2.0 1.1 10.1 1.5 .8 90 85 80 75 70 Total .1 1.7 •3 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution l-family homes Existing homes Wood Brick Total 689,709 Number of rooms New homes 100.0 28.1 New homes Percent distribution l - f a m i l y homes 100.0 4.1 30.3 .29.8. 14.0 14.6 ...4.6. to to to to to Table 8 — Material of construction, 1940 Table 10—Averages by property value groups for l-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . 10,000 or more F H A valuation of property All homes 11.0 9.0 71.4 • 18.9 •7 ...183,892 Percent distribution 1- to 4family homes Amount of mortgage - Percent distribution 221 366 .549. 2,049 10.2 Percent distribution all 1- to 4-family homes F H A valuation of property Existing homes $ 122,380 162,963 ....31,474 82,433 106,567 Table 6—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes 401 426 ..86. 10,860,150 2.373 - Table 7.—Capacity of garage, 1940 Total 1.829.100 2.458,300 .2,966,100 11.1 A l l others No garage 1-car garage 2-car garage • . 3-car garage 1934-35 1936 193 7 1938 1939 194 0 National banks State banks Total Garage and car capacity $411,050 1,482,000 .1,713.600 90 301 •355388 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 60 139 $158,700 803.100 .1,263.500., 1.399.900 2,185,900 ,.2.723.500. New homes 4 rooms or less 5 rooms 2.3 59.8 29.4... 8.5 7 rooms or more Total 100.0 Existing homes 260 36.9 36.8 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,49a 2,500 to 2,999 3,000 to 3,999 4,000 to 4,99a 5,000 or more Percent distribution Ratio of property value to income Gross payment as a percent of income 5.8 2.64 20.8 $21.89 29.1 2.23 17.9 25.49 ...30.3... ...29.82.... ....1.98.... ....16.0 11.1 15.6 1.93 35.23 16.4 15.9 1.89 ....4.6... ....1.82.... ....15.2 55*34 2.7 12.0 1.48 A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 100.0 A l l groups: 1940 1939 1938 IO0.0 A, glossary of t e n s used i s included i n the Appendix. * D a t a not a v a i l a b l e . Average gross monthly payment 13:! 5.8 33.02 a a 1.9« a a 16.1 a 2.41* 19.0* 2.24 15.9 . . .30.06.... . . . . 1 , 9 4 . . . . . . . . 1 6 , 3 15.7b 36.80 b 1.89* 45.50 2.00 16.9 •••53.38.... . . . . 1 . 7 0 . . . . ....14.6 70.67* 1.72* 13.9* 39.10 a a * Computation based on fewer than 6 eases. 1.90 a a 15.7 a a 89 HOMES IN METROPOLITAN DISTRICTS DURHAM METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 Number I n central city Outside central city Metropolitan district 1930, estimated by F H A 1930 Percent 1940 60,195 9,488 52.037 6,488 8,158 3,000 15.7 46.2 15.279 2.251 69,683 58,525 11,158 | 19.1 17.530 | For sale or rent Increase N o t for sale or rent Percent Number Number Percent of total 11.478 1.296 3.801 955 33.1 73.7 6 11 544 48 3.4 2.1 15.829 2.310 12.774 4,756 37.2 17 592 3.3 18.139 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Amount 4 24 1935 1936 193 7 1938 1939 117.600 191.000 463,000... Table 4.—Rental projects Total 1935-40 Mortgages: Number Amount Projects: Number Dwelling units 6 11 ....16..... 1 4 . , . . 217 0 1,022,500 220 1935-40 Number $ 24,900 126,100 J*'"1 38 Amount 294 $52,000 187.400 168.1KX) 135.000 261,500 $119,358 71.143 8.964 55.313 42.216 ....83.836 38O.830 961 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages Existing homes All homes National banks State banks 43.3 9.7 18.2 " 38.7 8.0 Mortgage companies Insurance companies 6.5 39.8 75.7 46^ .7 2.7 A l l others 270 213 ..29.. 147 131 .171- 1937., 1938 1939 1940.. 1.363.600 New homes 1.0 Amount of mortgage as a percent of F H A valuation of property 86 81 76 71 61 to to to to to Percent distribution 1- to 4family homes New homes Existing homes All homes 65.O 54.2 7.6 9.2 . . . . 1 6 . 7 . . . ."..766.7.".. . . . . 2 5 . 0 8.4 2.8 1.6 8.3 7.6 7.5 8.3... 1.4 1.4 8.3 90 85 80 75 70 50 or less 123 Total Table 7—Capacity of garage, 1940 Garage and car capacity Wood Brick Stucco•••••••••........ Other 100.0 Percent distribution 8.7 30.4 ....26.1.. 16.5 4.4 Total 100.0 Average FHA value of property Average FHA value of land Land as a percent of property value $2,854 $330 11.6 11.6 10.8 11.9 12.2 11.0* 15.5* ..J&1 5.310 6,642 L . . . 8,667* 11,650* Wi 633 812 .....950*... 1,800* 4,791 c c 577 c c 4.4 21.7 $2,500* 3.350* $300* 5.375* 6,813 14.133 12.0 c c 12.0* 11.6* 14.8* 650*... 1.025* 19.1 b 1.563 22.9 ...1,100.... ....13.8 3.833 27.1 6,104 A l l groups: 1940 100.0a 1.237 c c 1939 c c 1938 Hot*: A glossary of terms used i s included, i n the Appendix. c Data not a v a i l a b l e . 100.0* 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms New homes Existing homes 65.2 31.3 69.6 26.1 3.5 4.3 100.0 Total 100.0 17.4 17.4 4.4.. 13.0 100.0 Exterior material Table 10—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 100.0* Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Total 100.0 Table 8.—Material of construction, 1940 N o garage 46.5 1-car garage 38.9 2-car g a r a g e . . . • • * • • • . . . . . . . . . . l 4 . b 3-car garage Number Amount 10 35 35.... 28 55 $ 27.100 61,300 68,500 17.4OO 70,500 96,300.•.. 34I,IOO 74 Type of institution originating mortgages 1 $ 500,000 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l homes Number Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Property improvement notes Existing homes New homes Number Total 100.0* New homes 4 5 6 7 rooms or less rooms rooms rooms or more 19.1 52.2 15.7... 13.0 Total 100.0 Existing homes 26a *3.5 30.4 100.0* Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . , 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 , . . . 5,000 or more Percent distribution Average gross monthly payment $ 22.10 9.3 25.03 32.7 ..23.4.. ....31.36... 13.1 38.07 i4.o 43.47 ...1.9.. 5.6 77.50 100.0 26.3 .31.5. 5.3 21.1 ..5.3.. 10.5 34.08 $ 26.80 * ...31.83.. 18.00* Ratio of property value to income 2.55 2.09 .2.06... 1.92 1.84 .1.77*.. 1.47 1.92 2.46* .2.24... 1.08* 36.00* ...77.00*. 60.00* .2.60*. .98* Gross payment as a percent of income 20.8 17.6 .16.9 17.0 16.0 .15.5* 12.5 16.3 18.6* .17.6 7.8* 12.4* .19.3* 7.9* A l l groups: 1940 20.3 100.0* 36.00 1.72 13.3 c 1939 c 1938 D i s t r i b u t i o n bated on fewer than 26 caaee. * Computation based on fewer than 6 caeer 90 FEDERAL HOUSING ADMINISTRATION COLUMBUS,G E O R G I AMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930, estimated by F H A Number N o t for sale or Percent rent Number 59.319 13.736 53.569 9.900 5.750 3.836 10.7 38.7 14,602 3.133 11.474 1.930 3,128 1.203 27-3 62.3 8 8 378 76 73.055 63.>»69 9,586 15.1 17.735 13.404 ^.331 32.3 16 454 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Amount Number 1935 1936 $ 30,000 151.700 197.100 315,800 9 21 ....13 10 23 1,413,400 96 5 27 1938 1939 1 1935-40 297 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I 2 186 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1938 1934-35 1936 193 7 1938 1939 Existing 1.843,300 F H A valuation of property All homes .6 91-3 Percent distribution 13.0 21.2 .19.2.. 21.2 18.5 ..6.9.. Average FHA value of property $2,718 3,410 ...4,459., 5.262 6.519 ...8,658. 4,849 4.2 16.7 .20.8.. 20.8 20.8 .16.7.. Percent distribution 1- to 4 family homes Amount of mortgage 86 81 76 71 61 to to to to to New homes I 2.750* 3.59** ...4.350*. 5.325* 6,950* ...8,688 V 5.625 Average FHA value of land $ 211 365 ...490.. 566 687 .1,150.. Land as a percent of property value 7.8 10.7 .11.0 10.8 10.5 .13.3 525 $500* 525$ ...600*. 840* 870* .1,450*. 831 14.6* .13.8? 15.8* 12.5* .16.7* 14.8 Existing homes AH homes 70.4 60.8 11.2 9.7 ....17.8... ....91.6..H ....27.8 .6 4.2 1.1 '.S 4.2 90 85 80 75 70 - 100.0 Total Total 568,780 1.714 50 or less Other $ 122,090 125,102 21,866 63.336 119,242 159 324 371... 1934-40 - 100.0 R - 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms Exterior material 100.0 Amount Table 6.—Mortgage as a percent of value, 1940 6.7 7.7 Wood Brick 18,205 447 49... Percent distribution 1-family homes 30.1 61.9 6.3 1.7 2.5 Number $ 70,100 252.800 160,000 244,700 409,600 393 ..1.7. .7 89.9 Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 14 48 31.... 46 88 Percent distribution of amount of 1- to 4-family home mortgages New 14,988 3.217 Year Amount Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes F H A valuation of property Number Total Table 7.—Capacity of garage, 1940 Total 429,900 National banks State banks Savings and loan assns. • Mortgage companies Insurance companies Savings b a n k s . . . . . . . . . A l l others $ 661,000 N o garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage $40,100 101,100 60,400.... 47,600 93.800 Type of institution originating mortgages 2 Garage and car capacity Amount A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number 2.5 2.4 Property improvement notes Existing homes New homes ! Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Total Percent of total New homes Existing homes 37.7 50.0 37.5 45.8 12.3 4.2 100.0 100.0" New homes 4 5 6 7 Existing homes 24.0 rooms or less 46.6 25.0 rooms rooms • • . . • • . • • • . • • « . . . . . . 2 1 . 9 . . . . . . . . 3 7 . 5 rooms or more 7.5 37.5 Total 100.0 100.0* Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,490 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 19.8 6.4 $21.33 2.53 I8.9 31.2 2.38 27.05 ...24.8... ...32.29.... ....2.13.... ....17.1 14.2 12.8 1.69 32.28 16.0 17.7 1.93 42.60 14.0 ....5.0... ...52.71.... ....1.60 2.1 51.33* 100.0 33.20 c c 1.95 c c $ 28.00£ 13*6 2:36* ...22.7... ...28.60* . .....1.90* 1.23* -13.6 22.33* 27-3 U8.17 v ....4.6... ...50.00*... ....1.61* 1.23* 18.2 61.75* 100.0* 40.00 c c 1.62 c c 16.0 c c 18.7* 15.4* 9.8* 17.0. 14.3* 10.8* 13.7 c e l o t e t A, glossary o f terms ussd I s included i n the Appendix. * D i s t r i b u t i o n based on fewer than 26 eases. * Computation based on fewer than 6 cases. c Data n o t a T a i l a b l e . 91 HOMES IN METROPOLITAN DISTRICTS WINSTON - SALEM METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 Number I n central city Outside central city. 79.815 30,018 Metropolitan district 1930, estimated by F H A 1930 109.833 I Percent 1940 75.274 22,000 4,541 8,018 6.0 36.4 20,176 6,938 97.274 12.559 12.9 27,114 | Increase For sale or rent * N o t for sale or Percent rent Number Number 17.148 4,514 3.028 2,424 17.7 53.7 45 23 1.054 173 5.0 2.4 21.275 7.13* 21,662 5.452 25.2 68 1.227 4.3 28,409 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes New homes Year Number 1935 1936 1937 1938 1939 1940 1,318,650 308 Mortgages: Number ... Amount Projects: Number Dwelling units 10 20 17.... 15 ft Mortgages insured under Section 207 or 210 of Title I I 124 New homes Table 7.—Capacity of garage, 1940 .4 79-5 Wood Brick Stucco Other 100.0a 86 81 76 71 61 to to to to to 383.550 Percent distribution 1- to 4family homes New homes Average FHA value of property Average FHA value of land 100.0 Land as a percent of property value 4,705 c c $ 2.250* 3.750 b ...4,250 5.500* 6.430 b ...9.500b 12,500 b 5.845 c c 637 c c 13.5 c c 14.4 b $325b 8.0* 300* 633 . . . . . . . 1 4 . 9 12.1* 18.5* i.i90b b ..i,750b.... ...18.4 24.0b 3,ooo b 1.023 c c 17.5 c c a Existing homes All homes 67.4 59.3 10.6 . . . . 1 7 . 7 . . . . . . . 7 6 . 2 . . . ,...2?!7 19.0 2.9 4.9 4.8 1.4 l.K 90 85 80 75 70 - 100.0 Total - 100.0a - 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 55.0 40.0 13.6 Total Vote: A. glossary of terms used I s Included in the Appendix. c Dat& not available. 463560 O - 42 - 7 1,260 Amount of mortgage as a percent of F H A valuation of property 1 0 0 . 0 a 100.0 60.7 25-7 $376 $ 2,630 14.3 17.9 405 3.371 12.0 26.4 ..26.4..., ...4,524...^ ....526 ...11.6 621 5.218 13.6 u.9 1.017 6,806 6.4 14.9 b . . . 2 . 9 . . . . . . 8 , 5 0 0 b . . . . . 1,400 . . . . . . . l 6 . 5 b 2.083 6.4 11,822 17.6 £0 0 0 0 0 0 0 A l l groups: 1940 1939 1938 44,549 94,149 1934-40 All homes 81.9 New homes 100.0 100.0 150 340 50 or less Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more 1938 1939 Table 6.—Mortgage as a percent of value, 1940 .8 3.* 96.6 $ 67.518 53.668 Percent distribution 1-family homes 40.1 45.1 Percent distribution Existing homes 197 122 1.874,350 Exterior material 3-car garage New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 427 Amount 1934-35 1936 Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes F H A valuation of property Number $56,700 204,550 223.800 261,400 543,400 17.3 100.0 Total Total Year Amount Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns. • Mortgage companies Insurance companies Savings banks A l l others 1 N o garage 1-car garage Number $38,050 15 110,250 50 84,200.... 41.... 78,900 52 176,700 125 67,600.... . . . . 1 4 4 . . . . 555.700 119 Type of institution originating mortgages 1 $400,000 Garage and car capacity Amount A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4 — Rental projects Total 1935-40 Number $ 18,650 94,300 139,600.,. 182,500 366,700 516,900... 5 30 24.... 37 82 ....130.... 1935-40 Existing homes Amount Total Percent of total 100.0a New homes 4 5 6 7 rooms or less rooms rooms rooms or more Total Existing homes 8.6 5.0 56.4 10.0 ,....18.6... ,....50.0 16.4 35.0 100.0 100.0a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more A l l groups: 1940 1939 Percent distribution 23.8 26.6 .22.3.. 7.2 11.5 ..U.3.. Average gross monthly payment $ IS.9U 25.00 ..31.29.. 31.20 40.25 ..58.33.< 8O.17 Ratio of property value to 2.26 2.22 .2.14... 1.79 1.87 .2.00... 1.72 Gross payment as a percent of income 18.1 17.8 ..16.9 13.9 1U.9 ..15.6 14.0 100.0 30.99 2.03 16.2 11.7 5.9 .17.7.. 5.9 35.* .11.7.. 11.7 $ 27.50b 30.00* ..31.00^. 38.00* 39»23 ..59.50J. 2.64* 2.67* .2.00*.. 22.5* 24.0* 100.0» 2.13* 16.9* 60.00* i.6ob .15.9; 12.3 40.82 1.94 15.5 D i s t r i b u t i o n based on fewer than 26 cases. * Computation based on fewer than 6 cases. 92 FEDERAL HOUSING ADMINISTRATION CHARLESTON, SOUTH CAROLINA METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city. Outside central city Metropolitan district. Percent 1940 71.275 27.436 62.265 17.495 9,010 9.941 14.5 56.8 20,412 6,295 98.711 79.760 18,951 23.8 26,707 ! Increase For sale or rent N o t for sale or Percent rent Total 1930, estimated by F H A Number 16.698 4.178 3.714 2,117 22.2 50.7 65 349 615 653 2.9 8.9 21.092 7.297 20,876 5.831 27.9 414 1.268 4.5 28.389 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Percent of total Number Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes Amount 6 1935 1936 1937- • 1938 1939 1940- .252.. $ 20,950 218,200 ..284,300. 209,600 642,000 ..810,200. 597 2,185,250 ..68.. 49 164 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units 14 67 ..9. 53.600 ...23,600. 20 125 ..77.. 53 174 .258. $ 77.300 471,060 ..322,000 225,850 695.600 ..833,800 440.360 707 2.625.610 $ 56.350 252,860 ...37,700.. 16,250 4 10 ..6. Type of institution originating mortgages National banks State banks Savings and loan assns. < Mortgage companies Insurance companies Savings banks A l l others None Existing homes Amount 567 211 ..51.. 206 316 .408. • 278,923 114.079 ....28.360 109.550 139.581 ...193.116 863.609 1.759 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes Number 1937.. 1938 1939 1940- - Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Amount Amount All homes 3O.9 17.8 ..5.4.. 13.0 13.4 .15.9- 30.5 17.7 ..5.7 45.9 57-7 46ll Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property New homes Existing homes 64.4 5.5 ..7.2.. .7 22.2 86 to 90 81 to 85 76 to 80 . . 71 to 75 61 to 70 51 to 60 . . 50 or less .83.3. All homes 63.1 5.4 ..8.7 •7 21.8 16.7 Total Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 Garage and car capacity Percent distribution all 1- to 4-family homes N o garage 1-car garage Wood Brick Stucco................. Other 35.9 59.1 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9 999 10,000 or more A l l groups: 1940 1939 1938 Percent distribution Total Average FHA value of property 18.0 $2,780 3.416 42.6 I . . . 2 6 . 3 . . ....4.295 9.0 5 M 6.500 3.5 3 " I...9,500* •3 100.0 3.854 c c Average FHA value of land 100.0a 513 c c 13.3 c c ,17.7* 20.0* 27.7* - - - 5.417 c c 1.292 e e 23.8 c c Hote: A glossary o f teras used i s included i n the Appendix. c Data not a v a i l a b l e . Land as a percent of property value 11.6 $323 13.2 452 614... ....14.3 649 12.4 875 ,...1,400*. 2,000* 17.1* . . . 3 3 . 3 . . . $ 4,375*.. , . . . $ 7 7 5 * 1,000* 5.000* 16.7 6,250* 50.0 1.733* - Number of rooms Existing homes New homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Percent distribution l - f a m i l y homes Exterior material 3-car garage Total Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes 22.1 9.04 . . . . 66.7 16.7 68.5 16.6 100.0 100.0a New homes 4 5 6 7 rooms or less rooms rooms rooms or more 28.7 43.6 20.4... 7.3 Total 100.0 Existing homes 50.0 16.7 33.3 100.0a Table 11.—Averages by borrower income groups for l-family homes, 1940 Percent distribution Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4 000 to 4 999 5,000 or more A l l groups: 1940 1939 1938 Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 6.0 $ 22.92 21.1 2.51 36.1 26.63 2.05 ....34.7.. ....30.45... •...1.90.... ....11:1 11.6 33.72 1.68 15.0 8.8 37.68 1.56 13.8 . . . . . 1 . 4 . . u. . . 3 5 . 3 3 ? . . . . . . 1 . 1 5 * . . . . . . . 1 0 . 4 * 1.4 57.00* 1.31* 10.8* 100.0 ! 1G~7 50.0 30.07 c c 1.85 c c 15.5 c c $34.00* 2?64* 22.7* ....40.50*.. ,...2.08*... ...20.3* 37.00* - - 100.0» 37.67 c e 1.75* - 1.94 c e 13.1* " 16.2 e e D i s t r i b u t i o n based on fewer than 26 cases. * Computation based on fewer than 6 eases. HOMES I N METROPOLITAN DISTRICTS 93 COLUMBIA METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 Number I n central city Outside central city Metropolitan district 1930, estimated by F H A 1930 Percent 1940 For sale or rent Increase Number N o t for sale or rent Percent Percent of total 62.396 27.159 51.581 22,382 10,815 4,777 21.0 21.3 15.364 6,483 11,184 4.727 4,180 1.756 37.U 37.1 7 26 387 114 2-5 1.7 15.758 6.623 89.555 73.963 15,592 i 21.1 21,847 15.911 5.936 37.3 33 501 2.2 22,381 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Number Number Amount 1935 1936 13 132 $ 56,750 590.750 20 72 1938 1939 91 149 ....156.... 401,100 667.300 32 21 2,952,650 173 1935-40 ! 663 Mortgages: Number Amount Projects: Number Dwelling units Amount A l l homes Number $ 92,900 33 3a,200 204 64,600.... 127,800 123 72.600 33.»*oo--.. . . . . 1 6 6 . . . . 712,500 Year Number Amount 836 $ 149,650 911.950 528,900 739.900 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks Savings and loan assns. Mortgage companies Insurance companies Savings banks A l l others Hone Garage and car capacity Percent distribution of amount of 1- to 4-family home mortgages New homes Existing homes All homes 56.6 27.6 ..3-7. 66.9 5J* 2 .23.2.. ..4.8 6~2 86 81 76 71 61 3.7 50 or less 26.0 No garage 1-car garage 2-car garage . . 3-car garage Total to to to to to 11.7 68.3 .19.3 .7 Existing homes Wood Brick 17.7 75.U 23.1 6§.2 Other 6.1 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1938 Average FHA value of property Average FHA value of land Land as a percent of property value $ 2,783* 3.449 ..4,477... 9.0* 12.1 •13*0 14.5 g.359 $ 250* 416 ...58O... 779 ..3.93.1 ..8^450 11,688* .1,040*.. 1.263* .12.3* 100.0 5.241 681 13.O 7.7 15.4 ..38.4., 7.7 23.1 ...7.7.. $ 2,900* 3.700* ..4,440*. 5.ooo* 6.833* ..8,500*. ...700*. 1,000* .1,100* . .12.9* 100.0* 5.U5 762 14.9 I'3 16.9 .32.3.. 21.5 20.0 $350* 350* 1.083* 9.5® .15.8* 20.0* 15.8* All homes lk 2.1 7.7 1.5 .8 .7 - 100.0a 100.0 5 c 6.9 I5.8 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms New homes Total 100.0 Percent distribution 81.8 7.6 8.3... ...92.3.... 90 85 80... 75 70 Percent distribution 1-family homes Exterior material Existing homes New homes Total Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes W5.729 Table 6.—Mortgage as a percent of value, 1940 Total Table 7.—Capacity of garage, 1940 $ 96,401 91.352 ..19.^2 46,102 71.39* 1,221 1934-40 3.665,150 Amount 283 228 52... . 124 228 306... 1934-35 1936 1937 1938 1939 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Year Total Number 4 rooms or less 5 rooms 7 rooms or more 100.0* Total New homes Existing homes 3.8 40.0 ....45.4.... 10.8 30.8 53.8 15.4 100.0 100.0* Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 21.69 2.41 19.9 U.7 27.50 2.26 18.3 16.5 ...19.6 ...33.1... ...34.59.... ...2.04 36.36 1.96 16.2 17.3 45.83 1-95 16.7 19.7 . . . . 4 . 7 . . . ...48.45.... ...1.64 . . . . ...13.8 67.82* 1.41* 11.5* 4.0 100.0 36.9* c c 30.8 $ 26^85* 1.95 c c 16.4 c 2.10* 1 7 > ...2.24*.... ...18.8* 46.1 ....7.7... ...26.03*... ... .98*.... ....7.7* .98* 8.8* 7.7 37.57* 100.0* 35.»*2 c 1.61 c 13.5 c l o t e : A glossary o f terns used i s included i n the Appendix. * D i s t r i b u t i o n based on fewer than 26 cases. * Computation based on fewer than 6 eases. c Data n o t a v a i l a b l e . FEDERAL HOUSING ADMINISTRATION 94 COLUMBUS,GEORGIAMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1930& 1940 Number I n central city Outside central city Metropolitan district Percent 1940 302,288 140,006 270,366 104.392 31,922 35.614 11.8 34.1 82,000 35.384 442,294 374,758 67,536 i 18.0 117.384 | Increase 1930,a estimated by FHA Number 67.749 23,169 14,251 12,215 21.0 52.7 90,918 26,466 29.1 For sale or rent Not for sale or Percent rent Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title H Total Number Percent of total 129 110 2,643 1,184 3.1 3-2 84,772 36,678 239 3,827 3.2 121,450 Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes Year Amount 1935 1936 1937.. 1939 1940. 78 337 ...550. 991 1,200 .1,366. $395,200 1.639,765 ..2,711,275. 4,418,100 5.335.700 ..6,016,500. 4,522 20,516,540 Mortgages: Number Amount Projects: Number. Dwelling units 286* 177 ..187. 1.590 $934,100 1,646,810 .1,153,600., 1,138,800 707,400 ...736,400. 293 760 ...852.. 1,277 1.377 •1.553 - $ 1.329.300 3.286,575 ..3,864.875 5,556,900 6,043,100 • •6,752.900 6,317,110 6,112 26.833.650 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages 4.1 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks All others 3 $ 785,000 3 _ 5.9 _ 6.759.318 19.358 30.1 22.3 29.2 100.0 100.0 100.0 Amount of mortgage as a percent of FHA valuation of property Percent distribution 1- to 4family homes New homes Existing homes All homes 74.8 65.6 12.2 13.7 9.1... ....65.4... ....15.6 16.4 3.5 1.5 12.6 2.3 .8 3.7... .6 1... .2 1.9 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 230 Table 7.—Capacity of garage, 1940 Garage and car capacity Total Wood Brick Stucco Other 100.0 Total Percent distribution Average FHA value of property Average FHA value of land Land as a percent of property value 10.2 $2$3 $2,769 f'5 11.4 4oi 24.9 3.520 . . . . 1 2.0 ....27.8.. ....4,399... 529.... 14.0 5,420 20.3 757 15.5 6,580 1,021 17.8 5.7.. ....8,601... ...1,315.... ....15.3 17.8 12,018 1.0 2.137 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 100.0 A l l groups: 1940 1939 1938 100.0 5,055 5.202 5,304 13.6 14.1 14.7 686 734 781 $2,425 $340 4.8 14.0 3,397 498 25.6 14.7 20.8.. . . . . 4 , 3 8 1 . . . ....15.8 5.289 865 16.4 23.2 16.7 6.574 1,101 16.4 . . . 1 5.3 . . . . . 8 , 7 5 2 . . . . . . 1 , 3 3 8 . . . . 5-J-21.5 11.1% 2.393 3.4 5.087 5,244 5,211 828 892 931 Bote: A glossary of terms used is included i n the Appendix. district. 16.3 17.0 17.9 a 100.0 Percent distribution 1-family homes Number of rooms Exterior material 9.4 79.2 11.3 .1 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property 100.0 Total Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage 19.2 All homes ....15.7... ....17.1... ....15.9 33.9 29.4 34.5 15.1 12.0 15.6 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Existing homes $ 1,188,721 1,024,766 ....292,950 1,066.402 1.316,183 ..1,870,296 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes 3.389 2,679 ,...807.. 2,851 3,822 .•5,810.. 1937.. 1938 1939 1940.. Table 5—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 215 423 .302.. New homes Existing homes 47.7 36.5 2 15.6 34.8 60.4 5 100.0 100.0 4.3 New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 2.6 0.5 70.3 28.0 ....21.3.... ....43.5 5.8 28.0 100.0 Total 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $21.04 4.0 19.0 2.50 2.21 17.4 25.47 21.3 , . . . 2 . 0 1 . . . . . . . . 1 5.8 . . . . 2 9 . 6 5 . . . ....22.6.. 1.78 14.3 32.35 15.4 1.72 14.1 39.31 22.8 7.13... ....1.52.... ....12.8 7 . 8 . . . . . . 457.43 1.25 10.5 6.1 100.0 34.07 36.25 41.62 1.77 1.77 l.A 14.3 14.8 15.5 4.0 3.70 $24.13 28.5 12.0 2.08 17.1 25.21 ....23.0.. ....28.61... ....1.85.... ....15.3 14.5 15.5 1.72 32.81 26.0 I.65 13.4 37.40 ....10.0.. ....46.20... ....1.35-... 12.2 1.21 9.4 53.74 9.5 100.0 35.11 1.61 1.42 1.52 13.3 12.3 13.7 I s t i a a t e d for 1930 by the JHA on the basis of the boundaries of the 1940 metropolitan 95 HOMES IN METROPOLITAN DISTRICTS AUGUSTA METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city. Outside central city. Metropolitan district Percent 65.919 21,890 60,3^2 17,089 5.577 4,801 9.2 28.1 87,809 77,431 10,378 13.4 1940 22,959 ? Increase For sale or rent Number Percent N o t for sale or rent Number Percent of total 15,369 3.769 2,156 1,665 14.0 44.2 23 33 842 102 4.6 1.8 18,390 5.569 19,138 3,821 20.0 56 944 3.9 23,959 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Amount Number 24 $ 93.200 111 421,698 I . . . . 3 9 . . . . .....153,200... 280,400 106 395,900 ,...132.... 1935 1936 1937 1938 1939 1940 T 1935-40 1,861,098 486 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number. Dwelling units 1 52 94 305,350 Total Table 7.—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 1& 52.... 84 109 ....145.... $ 183,450 491,798 196,000 306,200 409,100 579,900 580 2.166,448 Year Number New homes 1934-40 6.4 2.8 2.1 9.3 15.5 15.3 25.1 42.5 16.6 I8.3 57.5 23.2 53.7 100.0 100.0 a 100.0 50.0 Hi 100.0 Average FHA value of property Average FHA value of land Land as a percent of property value $284 11.0 12.5 ...4,395... . . . . 5454 78 ...13.2 5,214 12.6 655 6,442 13.5 867 , 8,656*. ..1,325*...- ...15.3* $2,583 3,628 U.598 c c 600 c c 13.0 c c $ 2,500* 15.0* 13.3 13 . 8 * 3,500* 20.0 ....6.7.. ...4,250*... ....750*.... ...17.6* 5.625* 26.7 950* 16.9* 7,250* 15.2* 13.3 1,100* 8,500*... ..2,000*.... . . . 2 3 . 5 * ....6.7... 10,000* 20.0 * 2,000* 13.3 100.0a 5.683 c c 997 c c 17.5 c c 727.212 1.299 Amount of mortgage as a percent of F H A valuation of property Percent distribution 1- to 4family homes New homes Existing homes All homes 74.0 66.5 16.2 15.2 U.9... ....87.5... ....12.7 6.3 3.5 3 .7 7... 6.2... 1.2 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less :I Total 100.0 100. o a 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Existing homes 20.0 53.3 26.7 7.7 100.0 Total $ 189,829 220,749 44,694 77,010 84,081 Number of rooms New homes 100.0 5.6 23.9 ...41.6.., 13.* 12.7 All homes 1.6 10.1 Wood Brick Stucco Other Amount Table 6.—Mortgage as a percent of value, 1940 Exterior material 34.8 56.3 8.9 Percent distribution Existing homes 364 313 58.,. life 159 1934-35 1936 1937 1938 1939 Percent distribution 1-family homes Not*: A glossary of terns used Is Included i n the Appendix. c Data not available. Amount Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property A l l homes Number Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total $90,250 70,100 42,800... 25,800 13,200 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others $204,000 N o garage 1-car garage 2-car garage 3-car garage 26 29 13.... 10 3 Type of institution originating mortgages 1 Garage and car capacity Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement Existing homes New homes Number Total 1930, estimated by F H A New homes 4 5 6 7 rooms or less rooms rooms rooms or more 100.0a 7.8 5^.9 ...31.7.... 5.6 100.0 Total Existing homes 6.7 13.3 ...26.7 53.3 100.0a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 t o 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment 2.9 $20.75* 31.9 25.62 ,..31.2... ,..28.61.... 7.8 31.^5 22.7 36.59. ,...2.1... ,..41.67*. 59.00® 1.4 100.0 6.7 6.7 ,...6.7... 20.0 26.6 33.3 100.0a • D i s t r i b u t i o n based on fewer than 26 cases. 30.18 c c Ratio of property value to income Gross payment as a percent of income 2.66* 20.4* 2.25 17.7 ...1.93.... ...15.1 1.67 13.6 1.67 ...1.49* .. ...11.5* 1.51* 12.1* 1.88 c c 14.8 c c $ 17.00* 18.00* ..30.00*... 33.67* 39.00* 1.93* 2.00* ...1.50*... 1.85* 1.71* 62.40* 1.16* 11.3* 42.27 c c 1.^3 c c 12.7 c c 15.7* 14.4* ...14.4* 15.2* 14.0* * Computation based on fewer than 6 < 96 FEDERAL HOUSING ADMINISTRATION COLUMBUS, GEORGIA METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling ui^its Increase Occupied Vacant, 1940 Area 1940 1930 a Number I n central city.. Outside central city 53,280 39,198 92.478 Metropolitan district | Increase a Percent 1940 1930, estimated by F H A Number For sale or rent Not for sale or Percent rent Number Percent of total 43.131 23,587 10,1U9 10,611 23.5 37.1 1U.1U5 9,767 10,547 6,572 3.598 3.195 34.1 48.6 21 18 155 235 1.1 2.3 14,321 10,020 71,718 1 20,760 28.9 23,912 17.119 6,793 39.7 39 390 1.6 24,341 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number Mortgages: Number Amount Projects: Number. Dwelling units $23,100 42,000 53 7 0 0 . . . 106,400 10,60c 9 24 42 107 59 $32,150 79,450 134 800 386,100 215,500 266,700 318 1,093,400 New homes National banks State banks Savings and loan assns. Mortgage companies Insurance companies Savings banks A l l others 1 82 20.6 7.7... 31.3 6.9 Total Table 7.—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more A l l groups: 1940 1939 1938 Number 1934-35 1936 193 7 1938 1939 194 0 1,202 All homes 30.9 21.9 6.7 27.9 8.5 33.5 46.0 35.0 100.0* 100.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less New homes Existing homes All homes 70.6 11.8 ...13.2... 2.9 ..66.6.... 16.7 60.0 10.0 21.3 5.0 16.7 1.5 100.0 Total 100.0* 44.? 47.8 Table 9.—Size of home, 1940 Percent distribution l-family homes Average FHA value of property $ 2,820 c 7.5 3,287 53.7 ...23.9... ...4,330.... 8.9 5.167 4.5 6,7?3 c 1.5 10,750 100. c 3,938 d d c 18.2 $2,375c 45.4 3,ooo c . . . 1 8 . 2 . . . . . .4,625 c . • 18.2 5,ooo c - 3,545 d d Existing homes 36.4 9.1 7.4 Total 100.0 Average FHA value of land Land as a percent of property value $270® 364 531 675 1.083 c 9.6C 11.1 12.3 9.9 16.oc c 16.3c 1,750 478 d d 12.1 d d $ 450 c 450 c 725 c l,000c 18.9 C 15.0 c 15.7C 20.0 c - 600 d a . " 16.9 d d 3-7 100.0 Number of rooms New homes Wood Brick Stucco Other 412,409 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property Percent distribution l - f a m i l y homes 100.0 100.0* $92,157 273 255 101,324 5 1 . . . ,. . . . 1 7 422 126 34,608 209 58,682 288... 108,216 1934-40 Exterior material 10.0 80.0 10.0 Percent distribution Existing homes 3.2 19.9 Amount Table 6.—Mortgage as a percent of value, 1940 100.0 Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property Year Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total Amount Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 1 $320,000 No garage 1-car garage 2-car garage 3-car garage Number Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity A l l homes Amount 84 826,700 Table 4.—Rental projects Total 1935-40 Number $9,050 7 37.450 16 8 1 , 1 0 0 . . . . . .17 279,700 29 204,900 3 ?3 4 1935-40 Property improvement notes Existing homes Amount 2 8 25 78 |6 1935 1936 193 7 1938 1939 Total New homes 4 5 6 7 rooms or less rooms rooms rooms or more 100.0* Existing homes 7-5 70.1 54^5 ....16.4.,., ....27.3 6.0 18.2 Total 100.0 100.c* Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income 19.4 2.48 $21.15 35-8 2.07 24.54 ,..16.4..., ...24.91..., ...1.59 9.0 29.67 14.9 44!oo c .., . . . 1 . 4 5 ° 83.00 c 1.38 c 1.5 tf? 1 ,.. 100.0 45.4 ,. . 2 7 . 3 . . . , 9.1 18.2 27.25 d d $ 21.4o c . . . 2 0 . 3 3 •« . . 40.00c 33.50° - - 100.0* 25.00 d d 1.78 d d l.GSc .1.37 c . . . J 1.78c ' 1.59° Gross payment as a percent of income 19.8 16.9 ...13.1 13.2 12.4 12.7 C 12.8C 14.7 d d 14.7 c 10.3 c 17. o c 13.1 C - 1.57 d d 13.3 d d Note: A glossary of t e r n s used i s included i n the Appcidix. a Estimated f o r 1930 on the basis o f the boundaries of the 1940 m e t r o p o l i t a n d i s t r i c t as defined by JHA and based on data f u r n i s h e d by the Bureau o f the Census. * D i s t r i b u t i o n based on fever than 26 cases. c Computations based on fewer than 6 cases. d Data not a v a i l a b l e . HOMES I N METROPOLITAN DISTRICTS 97 MACON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 57.865 16,965 53.829 13.398 4.036 3.567 7.5 26.6 16.678 *.3*3 74.830 67.227 7.603 11.3 21,021 | Increase 1930, estimated by F H A Number 13.893 3.178 2.785 1,165 20.0 36.7 17.071 3.950 23.1 For sale or rent Not for sale or rent Percent Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Percent of total 16 2 375 123 2.2 2.8 17.069 4,468 18 498 2.3 21.537 Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number Number Amount 8 $ 11.950 3 *9.550 17 13 . . . . 1 7 . . . . •....65,900.... ,....9 252,600 59 3 147.400 11 *3 ,...109.... 1935 1936 1937 1938 1939 1940 942,800 244 1935-40 Mortgages: Number Amount Projects: Number... Dwelling units Mortgages insured under Section 207 or 210 of Title I I Amount Number $ 27.700 48,500 ,....31,800 , , 9.500 31,800 11 190,100 62 National banks State banks 5.5 22.5 12~6 4.9 21.4 Mortgage companies Insurance companies 17.8 11.1 43.1 ^ 7.8 20.6 10.7 ^ Total Wood Brick Stucco................. Other .8 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . . . . 10,000 or more Percent distribution 2.7 39-8 .33.6.. 10.6 12.4 . . .9.. 14.3 7.1 .57.2., 14.3 7.1 42.4 100.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Percent distribution 1- to 4family homes New homes Average FHA value of property Average FHA value of land New homes Existing homes 56.6 42.5 42.9 57.1 .9 " 100.0® 100.0 Total Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4 000 to 4 999 5,000 or more $ 325* 450* .669 1 13.O* 15.O* .15.4 1.750* 26.9* A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more $ 250* 404 ...547.., 804 904 .1,000*., *.3*3 558 $2,500* 3,000* ...4,3*4... 5,000* 6,500* 8.8* .12.5* 1,250° A l l groups: 1940 1939 1938 764 Note: k glossary o f terms used I s included i n the Appendix. c Data not a v a i l a b l e . a 100.0a 100.0 Table 9 — Size of home, 1940 Percent distribution 1-family homes New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes r3'1 35.7 67.3 ,....50.0 ....17.7... l*-3 5-3 100.0 100.0» Total Table 11.—Averages by borrower income groups for 1-family homes, 1940 11.6 .12.7 14.6 14.4 $ 2.833 b 3*75 ..4.318... 5,510 6.264 ...8,000*.. 4.232 Land as a percent of property value All homes Number of rooms 100.0 Total Existing homes 74.3 65.9 14.2 12.4 ,....5.3... ,...43.8... ,....9.3 18.8 5.3 7.0 25.0 •9 3.8 6.2... 8 6.2 .8 Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 36.5 100.0B Amount of mortgage as a percent of F H A valuation of property Exterior material 14.7 72.9 449.696 1.366 Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes 3-car garage 43.1 100.0 Total $ 70,484 98.288 ...16,31*8 57.767 78,760 . .128,049 Table 6.—Mortgage as a percent of value, 1940 All homes A l l others N o garage 1-car garage 1,132,900 306 1 Garage and car capacity 1937 . 1938 1939 1940 • 262,100 179.200 Existing homes 32 219 389 ..61., 131 231 •335- $ 39.650 98,050 V 26.... 62 5* ....123.... New homes Table 7—Capacity of garage, 1940 A l l groups: 1940 1939 1938 Amount Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 1 $ 107,000 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Total Number Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 21.83 5.* 2.59 19.5 24.34 25.9 2.16 17.0 ,..32.1... ...28.11... ...1.85...., ...15.1 11.6 13.2 29.38 1.60 20.5 1.61 ....2.7... ,...45.00*.. ...1.43*... 12.6* 1.8 42.50* .82* 8.3* 100.0 29.75 c c 1.76 c c l*.5 c c $ 23.00* 2.08* 35.7 15"7? ..21.5...J ...25.67* . . . . 1 . 7 * * . . . ...12.8* 35.00* 7.1 16.2* 30.50* l!44* 28.6 11.0* ...7.1.... ...36.00*... ...1.00®.... . . . . 9 . 6 * 100.0a 27.50 c c 1.63 c c 12.7 c c D i s t r i b u t i o n based on fewer than 26 cases. * Computation based on fewer than 6 cases. 98 FEDERAL HOUSING ADMINISTRATION SAVANNAH METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930, estimated by F H A Number N o t for sale or Percent rent Number 95.996 21,974 85,024 20,407 10.972 1.567 12.9 7.7 26,407 5.313 22,425 4.999 3.982 314 17.8 6-3 25 405 820 311 3.0 5-2 27.252 6,029 117.970 105.431 12.539 11.9 31.720 27.424 4.296 15.7 430 1,131 3-4 33.281 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number 1935-40 $ 17.200 71.400 64,000, , 239,700 364,100 Table 4.—Rental projects Total 1935-40 Amount 15 31 $ 47.700 89,050 40.300 34,600 National banks State banks Savings and loan assns Mortgage companies Insurance companies New homes Table 7.—Capacity of garage, 1940 442 8.2 5.3 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 I60 25-3 18.8 100.0 100.0 100.0 Total Vote: Average FHA value of property 0.8 $ 2,5<X)» 24.0 3.473 ,..34.7... ,..4,363.... 19.0 5.498 17.4 6.636 4.909 4.335 4,632 $2,406 3.387 5.278 6.563 12,500» Average FHA value of land 100.0 Land as a percent of property value 8.0* $ 200a 400 H.5 525... ...12.0 12.3 674 11.5 760 ....1,150*.. ,..13.8* 587 482 668 12.0 11.1 14.4 11.4 $275 15.8 535 694... ,..15.9 15.0 794 14.1 925 14.7* ...1,250*. 3.167* 25.3 a 100.0 798 4,879 703 4,150 973 5.534 A glossary o f t e r n s used i s included i n the Appendix. 16.4 16.9 17.6 a Coaputati< 538.315 Percent distribution 1- to 4family homes New homes Existing homes All homes 40.9 59.0 10.8 15.6 ,...18.8... ,...64.8... ,...33.0 13.O 6.2 3.3 13.O 6.2 3.3 ,....7.4... z 1.8 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less \ Total 100.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 44.6 39.7 1.7... 14.0 Wood Brick Stucco Other 100.0 5.9 6.1 New homes 10.2 15.7 25.5 ,..17.6... 17.6 15.7 All homes Amount of mortgage as a percent of F H A valuation of property Percent distribution 1-family homes 60.8 100.0 1.298 Table 6.—Mortgage as a percent of value, 1940 Exterior material ..27.9 1.1 Percent distribution . Amount 619 $ 199,933 U7.312 237 »57... , . . . . 4 2 112 26,971 93 37.513 ...114,474 1934-40 1,657.750 Existing homes Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1934-35 1936 1937 1938 1939 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes F H A valuation of property Number $ 64,900 19 160,450 50 , . . . . 2 8 . . . . .....113,700 280,000 73 113 398.700 ....159.... . . . 1 9 . 3 . . . ,...20.9... ,...19.8 42.9 52.8 50.0 2.7 6.3 5.3 Total Total Year Amount Percent distribution of amount of 1- to 4-family home mortgages A l l others No garage 1-car garage 2-car garage . , 3-car garage Number 438.750 127 Type of institution originating mortgages None Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Number 8 11 49.... 1,219,000 315 Property improvement notes Existing homes Amount 4 19 15— 65 102 1935 1936 1937 1938 1939 Total Percent of total 64.7 33.3 2.0 New homes 4 5 6 7 100.0 rooms or less rooms rooms rooms or more Existing homes 5.0 3.9 44.6 23.5 ....36.4.... ....35.3 14.0 37.3 Total 100.0 100.0 Table 11.—Averages by borrower incdme groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 based on fever than 6 cases. (Tistrf bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 22.14 20.3 2.77 5.9 26.30 17.8 25.2 2.25 ...26.9... ...31.78.... ....2.09.... ....16.9 15.2 34.71 11.7 1.93 20.2 1.82 14.5 40.75 . . . . 8 . 4 . . . ...4I.3O.... ....1.32.... ....11.3 a 7.0* 37.50 1.7 •93 a 100.0 32.88 30.94 33.72 1.83 1.79 1.72 14.7 15.4 15.I 19.0» 8.0 2.29 • $19-50a 21.50 1.82 16.0 14.5 ,,,24.0... ,.,28.50.... >...1.88.... ....15.4 1.58 12.0 30.83 13.9 20.0 37.30 1.65. 13.5 . . . 1 0 . 0 . . . . . . 39.40 R . . . . . . 1 . 5 9 • • • ,. . . 1 0 . 8 * 12.3* 63.80® 10.0 1.38* 100.0 33.32 33.80 42.36 1.66 1.33 1.50 13.5 13.0 13.8 HOMES IN METROPOLITAN DISTRICTS 99 JACKSONVILLE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930® Number I n central city Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930,® estimated by FHA Number Not for sale or Percent rent Percent of total 173.065 22,55* 135.1*6 13.739 37.919 8,815 28.1 64.2 *5.395 5.808 33.798 3,446 11.597 2,362 3*.3 68.5 33 51 l.*47 148 3-3 2.5 46,975 6,007 195.619 148.885 46.73* 31.4 51.203 37.2*4 13.959 37.5 84 1.695 3.2 52.982 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Number 1935 1936 1937 1938 1939 1940 Number Amount 40 162 26... 97 100 63... $313,650 78 403 1.644,453 -no... ...1,195,650... 2,5*2,000 602 3,672,300 924 1935-40 3.612 Mortgages: Number Amount Projects: Number Dwelling units 488 14,415,503 Mortgages insured under Section 207 or 210 of Title I I Amount 10.3 All others 100.0 100.0 5.2 37.1 .33.1. 10.6 9.2 ..3.8.. .8 100.0 Wood Brick Average FHA value of property Average FHA value of land • 2.671 3.502 ...4.339.. 5.3*9 6.592 ...8.539.. 11.557 $241 344 ...432.. 655 1,0*7 .1,416-. 2,600 4,471 11.8 $2,453 38.2 3.369 • JL4.5-. ...4,318.. 11.8 5.133 l4.« 6.591 . . 2.6. .•8,325; 100.0 12,080 * 589 694 $272 491 ...51*.. 733 1,241,. •1,750* 3.800 Land as a percent of property value 9.0 9.8 .10.0 12.2 l m i i .16.6 22.5 11.7 12.7 14.2 11.1 14.6 .11.9 l*.3 18.8 v -.21.0* 31.5 15 14.8 17.3 2.517.15* Existing homes All homes 72.6 68.5 6.3 6.6 . . . . I 8 . 5 . . . ...."67.1... . . . . 2 1 . 1 2.6 1.5 19.5 .5 7.3 .9 2... 3.7... 4 2.4 .2 .1 100.0 Total 100.0 100.0 Table 9 — Size of home, 1940 Percent distribution 1-family homes Number of rooms 100.0 Total 5.777 857 738 4,278 868 *»375 Hotel A glossary of teras used Is included in the Appendix. district. * Computation based on fewer than 6 cases. All groups: 1940 9.7 New homes 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 Existing homes 39.9 *3«7 1.2... 15.2 Other 4,628 4,885 6.6 5.2 New homes Table 10.—Averages by property value groups for 1-family homes, 1940 Percent distribution 11-9 FHA valuation of property Exterior material 1.2 Total All homes - 6.613 Percent distribution 1- to 4family homes Percent distribution 1-family homes Percent distribution all 1- to 4-family homes 80.1 •17.9 .8 Existing homes 100.0 927 l,3Ul •1.612. $471,679 490,951 ...133.436 3*8.756 495.119 •••577.213 1,279 1.152 ...302. Amount of mortgage Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999-... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.*.. 10,000 or more 1934-35 1936 1937. 1938 1939 194a Table 6.—Mortgage as a percent of value, 1940 17*6... . . . . 1 9 . 9 . . . ....17-7 64.0 54.8 5*.2 4.2 12.6 13.1 2 No garage 1-car garage 2-car garage. 3-car g New homes 4.8 National banks State banks Savings and loan assns Mortgage companies Insurance companies Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more Amount Percent distribution of amount of 1- to 4-family home mortgages 112 FHA valuation of property Number $461,850 $ 148,200 118 612,865 2.257.318 565 103,500.... ,..1,299,150 2,884,300 3*2.300 ^99" 3.999.900 327.600 1,024 ...5,277.250 ...1,349-.• 4,100 16,179.768 1,764.265 Type of institution originating mortgages 2 $412,500 Garage and car capacity All homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Year Total Number 55-2 23.7 13.2 7-9 100.0 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 4.1 48.8 . . . . 44.0- • • 3.1 4.0 27.6 100.0 100.0 23.7 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more Percent distribution Average gross monthly payment 10.1 $18.92 32.0 22.75 . 2 8 . 4 . . ...•26.79. 10.4 30.25 14.6 37.56 .. 2 . 3 . . ....50.50.. 2.2 57.36 100.0 8.1 21.6 .32.49.5 16.2 ...6.8.. 5.* 27.91 29.29 31.79 $20.17 25.31 ....27.46.. 28.71 37«*2 49.00 71.50* Ratio of property value to income 2.49 2.16 ..1.98. 1.84 1.78 ..1.72. 1.44 1.95 1.85 1.74 2.47 2.11 ..1.79-1.55 1.60 .1.59* 1.62* Gross payment as a percent of income 17.9 15.7 .14.5 13.5 13.5 ..13.6 11.1 lU.O 13.7 18.8 17.* ..1*.7 12.7 12.8 ..12.8* 11.8 * 100.0 14.0 All groups: 1940 31.97 1.75 1939 11.0 29.72 1938 11.5 31.39 a Sstiaated for 1930 by the TEA on the basis of the boundaries of the 1940 aetropolitaa 19.8 100 FEDERAL HOUSING ADMINISTRATION MIAMI METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930* Number I n central city. Outside central city Metropolitan district 172.172 78.365 110.637 21,552 250.537 132.189 Percent 61.535 56.813 1940 For sale or rent Increase 4 1930, estimated by F H A Number N o t for sale or rent Percent Total Number Percent of total 2&1 48,438 22,522 30.756 6.349 17.682 16.173 57.5 254.7 1.030 2.183 5.784 5.219 10.5 17.4 55.252 29.924 89.5 70,960 37.105 33.855 91.2 3.213 11,003 12.9 85.176 118,348 | Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes Number 1935 1936 1937.. 1938 1939 1940., 140 719 ...843. 1,444 1.995 .2,062. $645,700 3.385.485 .3.680,865. 7.203 29.489,650 Mortgages: Number... Amount Projects: Number Dwelling units 97 417 .216., 154 6,013,800 7.865,650 •7.898,150. J . $347,900 1,470,720 •1.033.550. $ 993.600 4,856,205 .4,714,415 6,665,700 300,500 ...277.900. 237 1.136 .1.059.. 1.598 2,070 .2.125.. 4,082,470 8.225 33.572.120 651.900 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies 2 $450,000 8,166,150 .8,176,050 New homes 12,830 2 A l l others Amount of mortgage as a percent of F H A valuation of homes 0.3 9~0 13.8 ....10.3... ....1.7.... 39.8 28.5 5.860,974 Table 6.—Mortgage as a percent of value, 1940 ^ Existing homes $917,289 716.457 ...122.332 705.443 1.388.020 .2,011,433 ...248.. 1.277 2.876 .4,427., 0.3 13.7 9.9 53.0 7.5 86 81 76 71 61 50 or less 15.4 21.0 15.6 100.0 100.0 100.0 to to to to to Pr°Perty Percent distribution 1- to 4family homes New homes Existing homes All homes 80.8 78.0 8.4 8.7 7.7... ....77.9... ....10.1 1.8 13.0 1.4 1.1 •9 2... 2.6... 3 .3 1.3 •3 90 85 80 75 70 H 136 Garage and car capacity Wood Brick Stucco Other 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 Percent distribution 36.1 .29.9. 17-1 .1:1. 1.0 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 100.0 A l l groups: 1940 1939 100.0 10.7 28.0 .22.6. 14.7 10.7 ..5.3. 8.0 Average FHA value of property • 2.774 3,401 ...4,378.. 5.360 6,526 ...8,85513.490 4,466 4.533 4,993 Average FHA value of land Land as a percent of property value 10.5 $2 10.1 .11.1 ...488. 692 942 .1.7572.895 12.9 14.4 .19.8 21.5 12.2 S8 12.6 13.9 693 17.2 $2,613 3.395 59^... ...4.379-• 5.227 605 6,988 l - W v . . . 9 , 5 0 0 * . . . . 2 , 4 3 8 *•• 13.083 3.583 5.287 5.353 5.357 13.6 .13.6 11.6 24.7 • -25.7 * 27.4 1.002 964 957 Votes A glossary of terms used i s included i n the Appendix, d i s t r i c t . * Computation based on f e v e r than 6 cases. a Percent distribution l - f a m i l y homes Existing homes 5-5 •3 58.3-•• 35.9 Total 100.0 Number of rooms New homes 4.4 92-9 ..2.7 100.0 Table 9.—Size of home, 1940 Exterior material Total F H A valuation of property 100.0 Percent distribution l - f a m i l y homes Percent distribution all 1- to 4-family homes N o garage 1-car garage 2-car garage... 3-car garage Total Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 1934-35 1936 193 7 1938 1939 194 0 Percent distribution of amount of 1- to 4-family home mortgages Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,9995,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more Number Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Amount Amount 20.0 1 45! 33-3 100.0 New homes 4 rooms or less 5 rooms 11.3 62.0 7 rooms or more Total Existing homes 3.7 i9'3 42.7 . . . 24.0 24.0 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 - . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more Percent distribution 6.6 29.O .26.9. 10.9 6.5 Average monthly payment $22.60 2.50 25.69 ...3O.5I. .1.92 31.86 36.26 ...42.77. 49.U2 31.42 33.28 36.56 5.8 18.9 . 20.2 11.6 20.2 16.0 Ratio of property value to income $ 21.75 b 25.92 ...3O.5O.. 35.75 36.36 ••45.80*. 74.00 2.11 Gross payment as a percent of income 20.9 17.8 ....16.2 14.2 1.67 13.1 1.54 .1.34... ....11.6 8.0 .91 I.65 1.49 I.56 2.53* 2.02 .1.85-., I.65 1.39 ..1.36*. 1.10 14.0 13.1 13.8 20.0* 17.7 ...16.3 15.9 1 3 1 ' v ...11.9* 10.1 1.44 I8.9 13.0 A l l groups: 1940 38-97 1.27 1939 11.5 40.31 18.0 41.26 1938 11.7 1.27 17.9 Estimated f o r 193O by the FHA on the b a s i s o f the boundaries o f the 1930 m e t r o p o l i t a n 101 HOMES IN METROPOLITAN DISTRICTS TAMPA-ST. PETERSBURG METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Area a 1940 Number I n central city Outside central city Metropolitan district 1930, * estimated by FHA 1930 Percent 1940 For sale or rent Increase Number Not for sale or Percent rent Number 169,203 40,490 1*1,586 27.677 27.617 12.813 19.5 *6.3 1*9.820 11,82* 37.705 7.609 12.115 *.215 32.1 55-* 3,*58 619 5.972 1.895 10.1 13.2 59.250 1*.338 209,693 169,263 1*0,1*30 23-9 6i,6>** *5.3l* 16.330 36.0 *,077 7,867 10.7 73.588 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes New homes Year Number Number 1935-40 Mortgages: Number Amount Projects: Number ... Dwelling units 961.325 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks Mortgage companies Insurance companies Savings b a n k s . . . . . . . . . . . . All others None Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more 1.231 1*,1*15,125 1934-35 1936 1938 1939 1934-40 Existing homes All homes 20.2 16.9 1*4.7 16.6 26.9 19.8 1.2 31.5 18.2 2.1* 1.6 2.* 100.0 100.0 100.0 New homes 27.5 20.0 1.1*... 30.3 18.1* Other Total 100.0 Percent distribution 9.5 39.* .26.8. 13.2 6.8 ..2.3. 2.0 100.0 35.* 31.3 .10.1+. 8.3 8.3 ..1*.2. 2.1 Amount of mortgage as a percent of FHA valuation of property Average FHA value of property $2.7*1 ...J'.UOO.. 5,422 6.783 ...9,0*0., 13.917 *.*83 *.307 *,67* $2,5*7 3,*15v ...4,1*00 . 5,600* 6.375? ,..8,500*. 111,500* *,082 Average FHA value of land 100.0 •3? ...518., 689 829 .1.305. 2,350 Land as a percent of property value 9.* 9.9 .11.8 12.7 12.2 .1*.* 16.9 525 522 60* 11.7 12.1 12.9 $318 12.5 iMv ...880°. .20.0* 763* 950* 13.6* 3,750* 25.9° .1,000*. S: $*1*,5*6 1*00,356 81,862 *05,2i3 699.33* 6.933 3.037.57* Percent distribution 1- to 4family homes New homes Existing homes All homes .69.U16.3 .i*!u 3.7 82.2 86 to 90 81 to 85 76 to 80. 71 to 75 61 to 70 51 to 6ft 50 or less 3-6 ...8.3., 2.3 3.1 , . . .5., 7*.0 8.2 ..6.1., 3.7 ..1.0 Total Table 9—Size of home, 1940 Percent distribution 1-family homes Existing homes 80.0 7.7 1*.8... 7.5 Wood Brick 1,06* 921 168... 81* l.*52 Number of rooms New homes 2.2 75-3 22.5 Amount Table 6.—Mortgage as a percent of value, 1940 Percent distribution pf amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property 29* $107,100 523.325 321.700 693.600 1,021,200 ? L....S... 199 Exterior material 3-car garage Total Number Percent distribution 1-family homes Percent distribution all 1- to 4-family homes No garage 1-car garage Year Amount Table 8— Material of construction, 1940 Table 7—Capacity of garage, 1940 Garage and car capacity Number Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 3*2 3,*53.800 889 Amount 21* $65,050 302.975 116 98.800.... 25 . . 165,000 65 201.500 72 1*0.... . . . . 1 2 8 , 0 0 0 . . . . $1*2.050 220,350 528,600 13* 819.700 222 1*15.... ...1,620,200... 1938 1939 194Q All homes Existing homes Amount 10 *9 1935 1936 Total Percent of total 77.1 6.2 ,l4.6 2.1 100.0 New homes 4 rooms or less 5 rooms 6 rooms 7 rooms or more Total 1*»7 50.1 29.3... 5-9 100.0 Existing homes 12.* *3.8 *3«8 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999..., 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499..., 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more Percent distribution 10.2 Average gross monthly payment $21.16 25.63 .1:1. ..30.*3., 9-7 13.7 ••u 100.0 2.3 29-5 .25.1., 6.8 Ml. 13.6 II 31.$* 31.86 28.30 $17.00* 23.00 ..28.18... 30.00* **.*3 ..*8.33*.. *9«33 Ratio of property value to income Gross payment as a percent of income 2.** 2.14 .1.91., 1,81 .16.2 1.56 13.6 ,.1.7*. .15.5 1.8* 1.6* 15.7 l.*l 1.50 1.79* 1.71 .1.46... 1.28* 1.66 .1.26*.. 1.05 20.2 18.1 15.* 11.8 l*. ? 13.* 16.2* 16.5 .14.9 v 13.0* 15.1 .12.5* 9-3 l*.9 All groups: 1940 33.36 13.2 1.39 3,670 14.4 31.23 1.26 12.7 28.15 3,663 15*5 1.21 11.* 566 Hotel A glossary of t e n s used Is Included in the Appendix, * Xstiaated for 1930 by the TEA on the basis of the boundaries of the 19*0 Metropolitan district. *Coaputation based on fewer than 6 cases. All groups: 1940 1939 607 102 FEDERAL H O U S I N G 1940 METROPOLITAN ADMINISTRATION DISTRICTS IN THE EAST NORTH CENTRAL DIVISION /V t V y .HUNTINGTON = AREA OF METROPOLITAN DISTRICTS WITH AN AGGREGATE POPULATION OF 5 0 , 0 0 0 OR MORE IN THE CENTRAL CITIES EAST N O R T H CENTRAL GEOGRAPHIC D I V I S I O N Five States, Wisconsin, Illinois, Indiana, Michigan, and Ohio, form the East North Central Geographic Division and as a group contain 20.2 percent of the total United States population, or 26,626,342 persons, of whom 22,042,523 are classified as nonfarm. These include 14,368,609 persons residing inside metropolitan districts. East N o r t h C e n t r a l Division P o p u l a t i o n i n 1940 Percent of U n i t e d States _ Total Nonfarm M e t r o p o l i t a n districts . P o p u l a t i o n density per square m i l e . 26, 626, 342 22, 042, 523 14, 368, 609 108.9 United States Percent 20.2 Percent 100.0 100.0 82.8 54.0 100. 0 77. 1 47.8 44.3 There are twenty-nine metropolitan districts located entirely or principally inside this Division. The population of that portion of the metropolitan districts located inside the boundaries of the Division constitutes 54.0 percent of the total for the Division, as compared with 47.8 percent in the metropolitan districts of the Nation. The Division and the metropolitan districts it contains are shown in the map on the opposite page. More than four-fifths of the population of the Division, 82.8 percent, resides within the metropolitan districts and the smaller cities and towns and is, therefore, nonfarm in character, while in the United States as a whole only 77.1 percent of the population is nonfarm. Persons living inside metropolitan districts constituted 65.2 percent of the total nonfarm population of the Division, compared with 62.0 percent for the United States. The Division contains only 8.2' percent of the land area of the United States and over onefifth of its population. Its population density of 108.9 persons per square mile is far above the national average of 44.3. Economic characteristics. The East North Central Geographic Division is highly industrialized. Income from manufacturing constitutes nearly one-third of the private income gen- erated. This exceeds the income from agriculture by more than three times. Trade is second to manufacturing with one-half the volume. Service occupations are next. With reference to the metropolitan districts in this Division, great diversity exists as to the type of social service each performs. Some are principally devoted to the manufacture of but one product, while others have a considerable variety of manufactures. Again, some are essentially trade and distributing centers for the surrounding region, while others exist mainly because of industry. The following observations indicate the primary economic activity of each. The largest metropolitan district in this geographic division is that of Chicago. I t is situated at the foot of Lake Michigan and is the point of convergence for railway lines from the East and Northeast and from the West and Northwest. Thus, Chicago has long been the distributing center for the manufactured goods of Eastern United States to the West, and the point of collection for western products for shipment to the East and to Europe. I n addition to being a major distributing and servicing center, the Chicago Metropolitan District is also a great manufacturing area. The basic industries, together with their byproducts, are railway transportation, meat packing, printing and publishing, and the manufacture of iron and steel, electrical equipment, furniture, and railway equipment. Railway transportation, beside giving Chicago unsurpassed facilities for the collection and distribution of goods, has been a substantial source of employment inasmuch as many railway systems have their termini in that city. Many persons also are employed in the railway supply industries, notably, in the iron and steel plants producing rails, and in the plants of companies manufacturing railway rolling equipment. The greatest slaughtering and meat packing plants in the nation are located at Chicago. Some of their byproducts are hides, cleansers, soaps, and tallow. Iron and steel production in 103 104 FEDERAL H O U S I N G the Chicago Metropolitan District is concentrated chiefly at Gary, Indiana. I t lias arisen primarily in response to the demand from the railways, the railway equipment supply industry, and the agricultural implement industry. Chicago is a major agricultural implement manufacturing center. The production of electrical equipment is highly diversified in nature, embracing a wide range of products from heavy machinery to light consumer goods. The Chicago Metropolitan District is the chief financial district for the Middle West, containing many large financial institutions and a major regional stock exchange. A number of institutions of higher education are located in Chicago. Other major metropolitan districts in the East North Central geographic division are Detroit, Cleveland, and Milwaukee. The outstanding product of the Detroit Metropolitan District is the automobile. Other industries located in this district, some of which industries are primarily ADMINISTRATION automotive in character, include steel works and rolling mills, machine tools, machine shops, nonferrous alloys, business machines, liquor, paints, bread and bakery products, pharmaceuticals, and rubber tires. While the manufacture of steel is the principal industry of the Cleveland Metropolitan District, other important products include automobile bodies and parts, machinery and machine tools, electrical equipment, clothing, paper and printing, meat packing, and nonferrous alloys. I n addition to a large trade in rough and finished lumber, i t carries on an important wholesale and retail business. I n the Milwaukee Metropolitan District the manufacture of heavy machinery and electrical equipment is of major importance. Other products which are outstanding are malt drinks and their products, meat packing, boots and shoes, and motor vehicle bodies and parts. Considerable shipping moves through the port of Milwaukee. Population, Occupied Dwelling Units, and F H A Activity in East North Central Metropolitan Districts Occupied d w e l l i n g u n i t s enumerated i n the 1940 Census Metropolitan district E s t i m a t e d increase 1930-40 Population i n 1940 Number in 1940 Number A k r o n , Ohio a C a n t o n , Ohio C i n c i n n a t i , Ohio » Cleveland, Ohio » C o l u m b u s , Ohio D a y t o n , Ohio ' H a m i l t o n , Ohio Springfield, Ohio Toledo, Ohio Y o u n g s t o w n , Ohio Evansville, Ind. Fort Wayne, I n d Indianapolis, I n d . South Bend, I n d . Terre Haute, I n d Chicago, 111.* D e c a t u r , 111. Peoria, 111. R o c k f o r d , 111. Springfield, 111. Detroit, Mich. » Flint, Mich. G r a n d Rapids, M i c h . Kalamazoo, M i c h Lansing, M i c h . Saginaw, M i c h . Madison, Wis Milwaukee, Wis.b Racine, W i s . 349,705 200, 352 ._ _ 789,309. 1, 214,943 365, 796 ...271,513. 112,686 77, 406 ...341,663. 372, 428 141,614 ...134,385. 455,357 147,022 83, 370. 4,499,126 65, 764 ...162, 566. 105, 259 89, 484 .2,295,867. 188, 554 209, 873 77, 213. 110,356 153,388 78, 349. 790, 336 135, 075 94,911 53,302 ...228,662. 336,138 100,635 . . . . 7 5 , 519. 30, 282 21,658 ....95,318. 92,000 39, 537 ....37,135. 130.077 40,060 . . . . 2 5 , 474. 1, 237,336 19,011 . . . . 4 5 , 854. 30, 424 25, 349 ...594, 646. 49. 839 59,233 ....21,116. 31,233 40,962 ....22,084. 215, 659 35,920 7,014 5,924 ...26,552_ 37,009 12,517 ...10,700. 3,861 2,385 . . . . 7 , 363_ 8, 770 8, 524 ....5,284. 18,349 4,156 . . . 3,097. 157, 338 2,315 ...10,039. 4,004 4,065 . . . 9 8 , 427. 6,641 6,626 . . . . 2 , 724. 5, 893 6,078 ...-5,468. 34,056 3, 586 Percentage increase, 1940 over 1930 8.0 12.5 13.1. 12.4 14.2 16.5. 14.6 12.4 .8.4. 10.5 27.5 16.6. 16.4 11.6 13.8. 14.6 13.9 28.0. 15.2 19.1 19.8. 15.4 12.6 14. 8. 23.3 17.4 32.9. 18.8 11.1 1- to 4-family home mortgages accepted for F H A insurance, 1935-40 O n all homes Number O n new homes As a % of all occupied dwellings i n 1940 2, 911 714 ..3, 931. 14,019 3,628 ..2,544. 843 372 ..3,573. 2,127 1,483 . . 3 , 269. 6, 253 1,800 . . . 584. 32,134 551 --..671. 1,105 705 .44, 434. 1,895 991 ....332. 413 368 559 4,632 813 3.1 1.3 .1.7. 4.2 3.6 .3.1. 2.8 1.7 .3.7. 2.3 3.8 4.8 4.5 2.3. 2.6 2.9 1.5. 3.6 2.8 7. 5. 3.8 1.7 1.6, 1.3 9 2. 5. 2.1 2.3 Number 688 310 .2, 284 5, 337 1,699 .1,102. 549 202 .1,435. 820 1,236 .1,104. 2,884 588 ...336. 15,071 135 ...419. 536 535 34, 553 687 607 253. 272 179 ...361. 3, 270 386 D i v i s i o n total«__ 14,018, 759 3,829, 374 508, 765 15.3 137, 454 3.6 77,838 140 district total.. 62,965, 773 17,220,831 2, 744,341 19.0 546,842 3.2 358, 587 ® Occupied d w e l l i n g u n i t data for 1930 were estimated on a basis a p p r o x i m a t i n g the boundaries of the m e t r o p o l i t a n district as established i n the 1940 Census. b Occupied d w e l l i n g u n i t data for 1930 were estimated on the basis of the boundaries of the m e t r o p o l i t a n d i s t r i c t as established i n t h e 1930 Census. « Each c o l u m n t o t a l is based u p o n the s u m m a t i o n of the figures of the m e t r o p o l i t a n d i s t r i c t s i n t h e i r e n t i r e t y , i n c l u d i n g m i n o r district parts w h i c h s p i l l over i n t o adjacent geographic divisions. HOMES I N METROPOLITAN DISTRICTS Coal is the principal import, and iron ore, grain, flour, and feed the principal exports. Metropolitan districts other than Chicago' located entirely or mainly in Illinois, are the following. The Davenport-Rock Island-Moline Metropolitan District is a distributing center for Northwestern Illinois. Among its industries are supply shops for the nearby coal industry, flour mills, and factories for the production of tractors, plows, and wagons. A large Government arsenal is located at Rock Island. The Decatur Metropolitan District is a trading center located in the midst of the Illinois corn belt. Large railroad repair shops, and mills for the grinding of corn products comprise its major industries. Distribution, wholesale and retail, is a major activity of the Peoria Metropolitan District. Its manufactures are flour and corn products, commercial solvents made from the grains, and washing machines. Industry is of prime importance in the Rockford Metropolitan District. Its manufactured products include agricultural implements, watches, and furniture. Many persons are employed by the State and Federal governments in the Springfield Metropolitan District, the capital of the State of Illinois. I t is the center of a great coal-mining region and has many supply shops for that industry. There is considerable flour-milling. Manufactured products include electric meters, steam boilers, and watches. Of the metropolitan districts located entirely or mainly in Indiana, Evansville is an industrial district producing agricultural implements, aircondition equipment, automobiles and automobile bodies, and packed meat. The Fort Wayne Metropolitan District contains large railway yards and shops, and manufactures railway car wheels, steam engines, and organs and pianos. Railway equipment, radio accessories, auto parts, and packed meats are the principal manufactured products of Indianapolis. I t is the capital of the State and has considerable government employment. South Bend produces automobiles, sewing machines, and agricultural implements. I n the Terre Haute Metropolitan District manufactures include glass and iron and steel malleables. I n addition to the metropolitan district of Detroit discussed previously, the metropolitan districts located mainly or entirely in Michigan, include Flint, whose dominant product is the 105 automobile. Other products are automobile motors and flour. Grand Rapids has long been noted for its production of fine furniture. Wood working and metal working machinery, hardware for automobiles, and refrigerators are other major products. I n the Kalamazoo Metropolitan District the manufactures are paper, medicines, water heaters, caskets, and truck transmissions. Lansing is the capital of the State, and an agricultural trading center. I t manufactures automobiles, automobile bodies, and gasoline engines. The Saginaw-Bay City Metropolitan District produces plate glass, salt, wood products, flour, and pianos and other musical instruments. The principal industry of the metropolitan district of Akron, Ohio, is the manufacture of rubber products, chiefly automobile tires. The manufacture of various clay products gave the city its original importance, but is now of secondary importance. Canton produces roller bearings for various industrial uses, as well as structural steel, safes, vaults, and suction sweepers. Cincinnati is noted for its production of machine tools, and of all kinds of iron products. I t is also a large meat-packing center. Columbus, Ohio, is the State capital and the site of a large university. Activities include meat packing, and the manufacture of automobile parts and railroad cars. The products of the Dayton Metropolitan District are varied and in general require skilled labor for their production. Among them are cash registers, computing scales, fare and autograph registers, electric light and water plants for the home, and electric refrigerators. Located nearby is Wright Field, a United States Government aeronautical research center. I n the Hamilton-Middletown Metropolitan District, the principal manufactures are machinery and machine tools, safes and bank vaults, and paper. The Springfield, Ohio, Metropolitan District manufactures agricultural implements and supplies. I t is the home of one of the largest monthly periodical publishers in the United States. The products of Toledo include motorcars, sparkplugs, glass, springless scales, and petroleum products. Youngstown is a great steel-producing center, particularly of cold-rolled sheets and of tubing. The metropolitan districts located entirely or mainly in the State of Wisconsin, other than Milwaukee, previously discussed, include Madi- 106 son, the capital of the State and the site of the State University. I t is a trading and distributing center for clown-State Wisconsin. Its manufactures include boots, shoes, and agricultural implements. Although the Racine-Kenosha Metropolitan District is also a trading center, it is more highly industrialized than the Madison District. Its manufactures include automobiles, electrical equipment, floor, furniture waxes and polishes, and furniture. F H A activity. Through December 31, 1940, the F H A had accepted for insurance mortgages on 137,454 small homes equivalent to 3.6 percent of the occupied dwelling units of all types enumerated by the 1940 Census inside the twentynine metropolitan districts located principally or entirely within the East North Central Geographic Division. I n the 140 metropolitan districts of the United States, the proportion accounted for by the F H A was but 3.2 percent. There is a considerable variation in F H A activity among the metropolitan districts of the East North Central Geographic Division. For example, F H A small home mortgage acceptances represented 7.5 percent of the occupied dwelling units located within the Detroit Metropolitan District, 4.2 percent in the Cleveland Metropolitan District, 2.6 percent in the Chicago Metropolitan District, and 2.1 percent in the Milwaukee Metropolitan District. FHA's share was largest in the Fort Wayne Metropolitan District where its small home mortgage acceptances represented 8.8 percent of the occupied dwelling units, and small- FEDERAL H O U S I N G ADMINISTRATION est in the Saginaw-Bay City Metropolitan District, with but 0.9 percent. Of the occupied dwelling units of all types added within the twenty-nine metropolitan districts of the East North Central Division during the decade 1930-40, F H A mortgage acceptances on new, small homes accounted for 15.3 percent, a somewhat larger share for the F H A than in all the 140 metropolitan districts of the United States in which the F H A accounted for but 13.1 percent of the dwelling unit increase. F H A activity among the metropolitan districts in this Division also was not uniform with respect to new homes added. I n the Detroit Metropolitan District, for example, approximately one of every three new occupied dwelling units, or 35.1 percent, represented a mortgage acceptance by the F H A on a new, small home, while in the Saginaw-Bay City Metropolitan District only about one of every thirty dwelling units added, or 2.9 percent, represented an F H A home. I n the Cleveland Metropolitan District FHA's share was 14.4 percent, and in the Chicago and Milwaukee Metropolitan Districts it was 9.6 percent. Individual metropolitan districts. F H A and Bureau of the Census data for each of the twentynine metropolitan districts located predominantly inside the East North Central Geographic Division appear on the following pages. A discussion of the analytical purposes to which these data may be put appear at the beginning of this section. A n explanation of the terms used in the tables appears in the Appendix Glossary. HOMES IN METROPOLITAN DISTRICTS 107 AKRON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Area 1930 1940 Metropolitan district Percent 1930, estimated by FHA 1940 244,791 104,914 255,040 101,585 -10,249 3.329 -4.0 3.3 66.486 28,425 349.705 356,625 -6.920 -1.9 94.911 1 For sale or rent Increase a a Number I n central city Outside central city Vacant, 1940 Occupied Number Not for sale or Percent rent Number 62.557 25.340 3.929 3.085 6.3 12.2 51 165 1.347 570 2.0 2.0 67.884 29,160 87,897 7.014 8.0 216 1.917 2.0 97.044 Table 3—Volume of Title I Notes insured Table 2—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes 1935 1936 1937.. 1938 194a. 24 69 .103., 81 165 .246., $115,400 336.560 ...604,550.. 498,700 1,009,000 .1.407.300., 688 3.971.510 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount ... Projects: Number Dwelling units 231 SL. 287 403 332.. 7.954.660 2,223 Type of institution originating mortgages New homes All others 100.0 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more All groups: 1940 1939 1938 6.2 59.6 33.7 Wood Brick •5 Other Total 100.0 Percent distribution Average FHA value of property Average FHA value of land Land as a percent of property value $650* 0T4 $ 3.900* 16^7* . . . . 4 6 1 . . . . - 1 10.0 . . . 7 . O . . . . . . . 4 631 586 25.4 10.7 5.477 43.4 6,804 11.7 . . 1 6 . 4 . . . , . . . 8 , 8 7 6 . . . . ..1,147 ...12,9 12,688 15.2 7.4 1.929 100.0 7.078 7.619 8.190 1.1 $413* $ 2,750 b 23.3 600 3.529 ..30.0.... ...4,343.... ....779 17.6 5,285 887 18.2 6,725 1.173 • • • 5 . O . . . . . . . 8 , 8 7 5 . . . . ..1.578 4.8 13.U0 2.638 100.0 12.2 13.3 13.8 861 1.013 1.127 15.0 * 17.0 ...17.9 16.8 17.4 ...17.8 20.1 5.382 $5 l 5.233 948 5.172 Votes • glossary of t e n s used la Included In the Appendix* * district. * Coaputation based cm fewer than 6 cases. 463560 O - 42 - 8 1934-40 Existing homes Percent distribution 1- to 4family homes Amount of mortgage FHA valuation of property All homes 64.2 8.4 20.9 3.9 22.2 4.1 New homes 100.0 Existing homes All homes 29.2 19.8 ....24.5... ....53.1... ....40.9 19.7 17.7 14.8 20.0 9-7 86 to 90 81 to 85 76 to 80* 71 to 75 61 to 70 .4 •5 •5 100.0 100.0 100.0 50 or less 130.0 3.626,584 10,614 Table 6.—Mortgage as a percent of value, 1940 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more ll.926.i7O 1938 1939 Total Table 9.—Size of home, 1940 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes FHA valuation of property _?i9ll_ Amount $ 556,001 1.835 681,577 2.036 1*1*7. • • 287.007 759 2,014 669.742 ...1,194,517 1934-35 1936 Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Total $838,050 1,888,270 .2,282,800 1,625,400 2.552,700 .2,738,950 - Total No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage 255 576 .566., 368 568 ,.57«. Percent distribution of amount of 1- to 4-family home mortgages National banks 6ols State banks Savings and loan assns. • • • •. . . . 1 0 . 6 . . . 19.6 Mortgage companies Insurance companies 3.7 Hone Garage and car capacity $722,650 1,551,710 .1,678,250., 1,126,700 1.543,700 .1.331.650.. Number Amount Table 5—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Year Amount Amount Total Percent of total Percent distribution 1-family homes Number of rooms New homes Existing homes 79.3 12.9 77.0 16.5 7.0 3.7 100.0 100.0 New homes Existing homes 4 rooms or less 23-8 0.| 5 rooms 37.1 19.6 6 rooms. • • « • • . • • • • . • • . . . . . . . 2 9 . 3 . . . H . . . . 5 1 . 8 7 rooms or more 9.8 27.7 Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more Percent distribution 14.2 .22.8... I5.8 24.1 .11.0... 11.0 0.8 21.0 .24.6... 17.5 1|.8 ..6.8... 9.5 Average gross monthly payment Ratio of property value to income $ 28.00 b 3.47 b 3.04 ..4ol44... 43.50 50.49 '"I'.U"' 26.8 * 23.0 ....21.6 19.3 17.8 ..1I94... 73.28 1.71 47.77 53.36 57.22 2.23 2.16 2.16 $22.33* 27.63 ..31.53... 34.10 2.24 .2.01... 1.77 74.34 .1.55— 1.57 ...as... Gross payment as a percent of income 2.56* 1.61 ....16.0 13.5 17.8 18.0 17.7 19.611 18.6 ,.16.9 15.0 13.8 ,.12.9 13.2 100.0 14.9 37.86 1.78 All groups: 1940 17.7 1.79 15.3 37.89 1939 19.0 1.67 14.1 36.46 18.3 Istlaated for 1930 by the THA on the basis of the boundaries of the 1940 metropolitan FEDERAL HOUSING ADMINISTRATION 108 CANTON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1 Percent 1930 Number I n central city Outside central city Metropolitan district 108,401 91.951 104,906 86,325 3.495 5.626 200,352 191,231 9.121 4.8 Not for sale or Percent rent 1930, estimated by FHA Number 29,485 23.817 26,320 21,058 3.165 2.759 12.0 13 1 53.302 47,378 1 5.924 12.5 1940 For sale or rent Increase Total Number Percent of total 20 91 444 472 1.5 1.9 29.949 24,380 111 916 1.7 54,329 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes Amount Amount 1935 1936 1937.. 1938 1939 1940., .35.. 62 79 .75. $ 74.100 216,125 ..192,700., 319,900 411,600 ..406,300. 310 1.622,725 15 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units f 76 ..68.. 65 116 ...41., $ 142,050 270,940 ...255,100.. 270,600 509,600 ...157,700. ,.116. 127 195 $ 216,150 487,065 ...1*47,800 590,500 921,200 1.605.990 714 3,228,715 m Type of institution originating mortgages Total 5.9 80.7 4.3 81.2 86 to 90 81 to 85 4.5 12.2 7.2 71 to 75 61 to 70 51 to 60 50 or less Wood Brick Stucco Other .7 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 50.0 ..3.8. 12.5 100.0 9.2 .38.9. 16.7 24.1 ..3.7. 7.4 Average FHA value of property a $3.i25 ...4,700^. 5.450 6,479 •9.033*. 11.515 Average FHA value of land Land as a percent of property value $ 450 * ...483® 625 800 14.4* .10.3* 11.5 12.3 •13.3 & 13.7 .1,200* 1.573 6,771 6,485 6.519 843 804 829 $ 3.525 a ..4,248... 5.361 6,673 • •9.125*.. 12,125 a $ 450* ...723... 833 1,012 .1,500*.. 2,635 a All groups: 1940 100.0 956 5.714 1939 1,084 6,097 1938 986 5,950 Note: A glossary of terms used is included in the Appendix. * 100.0 New homes Existing homes 70.0 25.0 5.0 77.8 13.0 1.8 7.4 100.0 100.0 J Total 100.0 2.5 ..3.8. 27.4 4,370 1,464,186 Percent distribution 1- to 4family homes New homes Existing homes All homes 30.0 17.5 27.5 16.1 . . . 2 7 . 5 . . . . . . . 6 3 . 2 . . . . ...42.3 10.0 13.9 19.3 5.0 8.0 12.3 - 100.0 Total 100.0 100.0 Table 9—Size of home, 1940 Percent distribution l-family homes Number of rooms Table 10.—Averages by property value groups for l-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1.3 - 100.0 Exterior material 12.4 52.6 Percent distribution Amount of mortgage as a percent of FHA valuation of P r °P e r t y 3.3 81.5 2.1 $ 256,299 225,499 ....61.507 186,306 296,378 . . .438.197 Table 6.—Mortgage as a percent of value, 1940 .M homes 100.0 859 806 ...203.. 475 768 ..1,259. Percent distribution l-family homes Percent distribution all 1- to 4-family homes FHA valuation of property ...566,000 Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Total 1934-35 1936 193 7 1938 1939 194 0 Existing homes New homes Mortgage companies Insurance companies Savings banks . . . . . . . . . . . . All others Nona No garage 1-car garage 2-car garage 3-car garage 53 120 .103.. Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Garage and car capacity Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 3 12.4 12.4 12.7 12.8* .17.0 15.5 15.2 .16.4* 21.7* 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 15.0 43.7 5.6 9.3 12.5 40.7 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more All groups: 1940 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more All groups: 1940 16.7 1939 17.8 1938 xo.o 16.6 iyoo Computation based on fewer than 6 cases Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 1-3 15.0 ..32.5. 12.5 20.0 ..10.0. 8.7 $ 29.00a 33.92 ..40.73-.. 40.90 41.44 ..59.13... 73.43 3.77* 3.18 .2.63... 2-35 1.88 .2.15... 2.02 24.8* 23.3 .21.7 17.9 15.2 100.0 44.43 42-54 44.59 1.9 15.1 ..28.3. 17.0 20.7 ...1.9. 15.1 100.0 $ 25.OO* 29.75 ,..31.40... 33-89 45.45 ...26.00*., 67.25 39.68 39.81 41.69 2.32 2-35 2.21 2.70* 2.66 .2.06... 1.82 2.02 .1.03*. 1.04 1.67 1.88 1.77 .16.5 15.8 18.2 18.4 17.6 20.3* 21.0 .17.0 15.3 15.5 ..7.5a 9.7 13.9 14.6 15.1 HOMES IN METROPOLITAN DISTRICTS 109 CINCINNATI METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 a Number Metropolitan district 1930, ® estimated by F H A 1940 455,610 333.699 451.160 306,112 4,450 27.587 1.0 9.0 135.884 92,778 122,511 79.599 789.309 757.272 32,037 1 4.2 228,662 1 202,110 For sale or rent Number N o t for sale or rent Percent Number 10.9 16.6 259 546 8.237 3.943 5.7 4.1 144,380 97.267 26,552 13.1 805 12,180 5.0 241,647 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Property improvement notes Existing homes Year Amount Amount 104 311 .291., 386 444 .748. 1935 1936 1937.. 1938 1939 1940. $ 729,200 2.165.540 2.056,300 2.513.500 >•3.913.700. 294 589 ...343.. 147 147 ...127. $ 1,609,450 3,041,120 ..1,812,700.. 869,000 827.100 ....757,700. 13.244,340 1,647 8,917.070 .1,866,100., 2,284 Mortgages T ^ i o n ^ or 210 of Title I I y P e o f institution originating mortgages Total. •5 Other Total 100.0 Total 100.0 Average FHA value of property Average FHA value of land Land as a percent of property value $3,569 .13.6... . . 4 , 4 0 5 . . 36.O 5.399 6,480 38.5 . . 5 . 9 . . ..8,373.. 12,465 3.3 $357 ...478.. 655 885 .1,458.. 2.378 10.0 2.7 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 100.0 A l l groups: 1940 1939 1938 100.0 6,040 6,574 6.543 $ 2,375* 1.5 3.683* 2.2 .10.5.. ..4,432... 5.438 17.2 6,903 40.3 .11-9.. ..8,806... 12,432 16.4 7.389 7.221 6.73* .10.8 12.1 I3.7 .17.4 19.1 8I5 958 972 m 14.9 $450j 733 ...894... 952 1,410 .2.039... 2.825 18.9? 19.9* .20.2 17.5 20.4 .23.2 22.7 21.1 22.4 22.1 1.556 1,616 1.486 Note: A glossary o f terns used i s included i n the Appendix, d i s t r i c t , to Computation based on fewer than 6 cases. Percent distribution 1- to 4family homes New homes a All homes Existing homes Total 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 39.0 53.0 5.8.... 2.2 Table 10.—Averages by property value groups for 1-family homes, 1940 Percent distribution 100.0 New homes Wood Brick .10.1 100.0 6.469.734 70.2 59.5 11.4 9.7 ....12.3... ....5O.3... ....17.8 4.6 8.4 28.5 .8 3.3 16.6 5.., 1.0 4.0... .2 .6 •3 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Exterior material 7.9 81.5 No garage 1-car garage 2-car garage., 3-car E 100.0 Amount of mortgage as a percent of F H A valuation of property Percent distribution • 1-family homes Percent distribution all 1- to 4-family homes F H A valuation of property 18,324 Table 8 — Material of construction, 1940 Table 7—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A, homes Existing homes $ 1,211,575 1,487,114 ....357.968 980,622 1,048,671 ...1.383.784 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes 3.497 4,219 ...794.. 2,476 3.032 .4,306. 22,161,410 3.931 0.6 2.1 National banks 9-1 10.4 11.7 State banks 18.2 ....12.9... ....9.8.... ....12.4 Savings and loan assns 25.3 Mortgage companies 15.3 27.3 48,5 Insurance companies 47.6 48.8 Savings b a n k s . . . . . . . . . . . . A l l others - Mortgages: Number Amount Projects: Number Dwelling units Garage and car capacity 1934-35 1936 193 7 1938 1939 1940.... $ 2,338.650 5,206,660 ..3,678,800 2,925,300 3,340,600 ..4,671,400 398 900 .634.. 533 591 ,.875- Table 5—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Total Percent of total r-t r-t I n central city.. Outside central city Percent Increase 32.1 35.8 32.1 100.0 New homes 4 5 6 7 28.4 52.4 ....15.9.... 3.3 rooms or less rooms rooms rooms or more 100.0 Total Existing homes 6.7 36.6 33.6 23.1 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 distrf bution Average gross monthly payment Ratio of property value to income 3.O8 2.9 $ 26.57 33-46 28.7 2.93 ...33.6... ....37.79... ....2.60 15.0 2.30 41.64 2.07 46.28 14.4 . . . . 3 . 5 . . - ....57.07... ....1.88 1.88 79-*7 1-9 100.0 39.48 42.49 43.62 2.44 2.53 2.56 Gross payment as a percent of income 24.0 22.4 ....20.4 I8.5 16.6 ....15.6 15.7 19.3 20.1 20.7 $ 28.50* 26.5* 3.77* 14.6 34.00 22.8 3.03 ...26.2... ....39.53... , . . . 2 . 7 5 . . . . ,...21.6 46.00 9-2 20.5 2.59 20.8 18.4 51.74 2.31 ...11.5... ....60.67... ,...1.96.... ...16.2 14.6 12.6 76.74 1.57 H 100.0 49.39 48.85 44.09 2.19 2.32 2.38 17.4 I8.9 19.1 E s t i m a t e d f o r 193O by the FHA on the basis of the boundaries o f the 1940 m e t r o p o l i t a n FEDERAL HOUSING ADMINISTRATION 110 CLEVELAND METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 a Number I n central city Outside central city Metropolitan district 878.336 336,607 900,1*29 297,783 1,211*, 9U3 1,198,212 -2.5 13.0 -22,093 38,82* 16,731 1940 Percent 1 1.* 2*2,*73 93.665 336,138 | For sale or rent Increase a 1930, estimated by F H A Number 221,502 77,627 20,971 16,038 37.009 299,129 Total Not for sale or Percent rent Number 9.5 20.7 289 950 7,372 3,397 2.9 3.5 250,13* 98.012 12.* 1.239 10,769 3.1 3*8.1*6 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Percent of total Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes Amount 1935 1936 1937. 1938 1939 1940 . 172 507 788 1,426 ..2,050. 5.337 $ 1,063,650 3.101.355 . .2,1*26,550.. 4,976,100 8,1*97,700 .11,596,1*00. Mortgages: Number Amount Projects: NumberDwelling units 2,169 ..1,601*. $2,950,1*50 5.9*3.001 ...6,**7,*00. 5.782.300 10,61*2,850 883 1.999 ..1,914.. 1.97* ...7,628,800. 39.39**, 801 Type of institution originating mortgages 1*,Q19 New homes Existing homes $585,000 3 121 Total Table 7.—Capacity of garage, 1940 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9 999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Wood Brick Stucco Other 1.8 100.0 12.6 100.0 Average FHA value of property Average FHA value of land Land as a percent of property value 6.726 7.281 7,87* 812 958 1.090 12.1 13.2 13.8 $ 2,850 * 0.1 22.8* 6.2 18.6 3,585 ....25.3.. 4,*38... 766.... I...17.3 16.8 5,350 25.3 901 17.0 27.6 6,720 1,144 8.7.. ....8,7*6... ...1,530.... ....17.5 12,462 20.4 6.8 2.5*3 100.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Percent distribution 1- to 4family homes New homes *7.6 22.3 ...18.8... 6.6 3.2 ....1.3... .2 Total 100.0 6,165 6,423 6.360 1.086 1.178 1,191 17.6 18.3 18.7 a Existing homes All homes 26.9 12.8 59-3--. . . . 3 6 . 1 21.9 13.* 15.6 8.7 2.6.. 1.8 .6 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 100.0 9.0 * 0.2 $320 * $3,560 * ....11.3 7-0.. ....4,658... 11.6 5,313 Il6 23.8 11.7 6.679 780 51.7 12.9 ....12.1.. ....8.690... ...1 118.... 14.4 12.077 5-2 1.735 100.0 7.* 11.2 6.3 7.3 81.7 11.7 2.6 *.0 71.* 16.0 Total 8.866,187 Number of rooms New homes 6.9 1*8.8 Percent distribution 12.3 1*0.1 Exterior material Note: A glossary o f t e r n s used i s included i n the Appendix. district. * Computation based on fewer than 6 cases. All homes Amount of mortgage as a percent of F H A valuation of property Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 20,127 100.0 100.0 3.387 3.5** ..3.511.. l,732,*57 ....530,131 1,705.697 1.939.93* ...1.587,156 Table 6.—Mortgage as a percent of value, 1940 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes 3-car garage 100.0 $1,370,812 *.*3l *,2i*6 .1,008.. 71.056,556 Percent distribution of amount of 1- to 4-family home mortgages National banks 12.0 12.Q State banks *8.3 3*.6 Savings and loan assns. . . . . . . 2 3 . 9 . . . 2.8... Mortgage companies 8.9 *«9 Insurance companies 8.5 15.2 Savings banks 2.8... ,...11.6... A l l others 9.3 *.3 3 N o garage 1-car garage 1934-35 1936 1937 1938 1939 1940 $1*.01*. 100 9.0**,356 ...8,873.950 10.758,1*00 19.1^.550 ..19,225,200 Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity 711 1,1*92 .1,520. 1,186 8,682 31,661.755 Table 4.—Rental projects Total 1935-40 Amount Estimated New homes 4 5 6 7 rooms or less 2l*.0 rooms 35.7 rooms • • • • . . . . . . . • . . . . . . . . 3 6 . I . . . rooms or more 4.2 Total 100.0 Existing homes 0.6 14.9 55-5 29.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 distrf bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 0.6 24.3 $ 30.33 3.39 15.9 3.03 35»^3 23.7 — 2 9 . 1 . . ....41.46... ....2.72 ....22.2 20.4 46.24 2.43 20.5 23.4 2.22 18.9 53.11 5-6.. ....58.63... . . . . 1 . 8 7 - . . . ....15.9 5.0 1.61 75**7 13.5 100.0 46.76 51.33 57-72 2.36 2.32 2.27 19.5 19.7 19.9 0.8 $ 22.08 2.87 23.3 17.9 31.77 21.3 2.55 36.06... . . . . 2 . 3 0 . . . . . . . . 1 9 . 4 ....26.3.. 2.13 40.21 16.3 17.9 22.1 46.68 1.99 16.7 6.9.. ....55.41... . . . . 1 . 7 5 - . . . ....14.9 1.48 12.5 9-7 73.55 100.0 *3-23 *5-l7 *7-38 1.99 1.93 1.83 16.8 16.3 16.2 1930 tgr the FHA on the basis o f the boundariee of the 19*0 m e t r o p o l i t a n 111 HOMES IN METROPOLITAN DISTRICTS COLUMBUS, OHIO METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city Metropolitan district. Percent 1940 For sale or rent Increase 1930, estimated by F H A Number N o t for sale or rent Percent Total Percent of total Number 306,087 59.709 290,564 49,836 15.523 9.873 5.3 19.8 83,588 17.047 75.621 12,497 7.967 4.550 10.5 36.4 245 140 2.919 458 H 2.6 86,752 17.645 365.796 340,400 25.396 1 7-5 100,635 1 88,118 12.517 14.2 38? 3.377 3.2 104,397 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes A l l homes Number 46 137 .217. 285 487 .527. 1935 1936 1937.. 1938 1939 1940.. $ 285.800 833.380 .1,167,100. 1.627,300 2,666,500 .2,606,800. 9,186,880 1.699 Mortgages: Number Amount Projects: Number. Dwelling units 400 .158. _I±929_ $ 448,250 820,485 •1.931.300., 2,324,800 1.707,900 ..•728,400. 7.961.135 Type of institution originating mortgages New homes 0.6 5-7 6.6... 56.1 23.O National banks State banks Savings and loan assns . . . . Mortgage companies Insurance companies Savings b a n k s . . . . • • . . • • • . A l l others 1 $ 1,735,000 l 8.0 405 Total 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Note: Wood Brick Stucco Other 66.1 24.6 1.2 9-2 .18.2. 30.6 34.5 ..4.6. 2.9 Average FHA value of property $3,725 ,..4,469.. 5.348 6,609 ,..8,525.. 12,436 5,820 6,579 7,087 12.2 .22.6.. 30.4 20.4 ..8.3.. 6.1 100.0 0.6 5.1 9... 5.3 58.0 24.8 64.8 31.O 6.2 - 100.0 $3,460 ..4,463.. 5.330 6,555 ..8,800.. 12,977 Average FHA value of land « Amount of mortgage as a percent of F H A valuation of property Percent distribution 1- to 4family homes New homes 10.1 ...10.0 616 818 .1,208... 2,031 11.5 12.4 ...14.2 16.3 12.0 700 904 1,040 13.7 14.7 15.6 .15.7 17.3 17.3 .19.3 24.5 $539 ....700., 923 1.137 ,.1,698.. 3.184 5.909 a Existing homes All homes 67.8 51.2 18.1 13.6 ...10.3.... ....75.6... ....26.3 2.8 4.4 9.2 1.0 3.3 10.3 x.r... 8 .4 - 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 Total 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Number of rooms 100.0 Land as a percent of property value 4.267.238 14,501 100.0 Existing homes 81.8 4.4 1.6.... 12.2 Total 100.0 Percent distribution 0.4 2.9 $ 642,532 1,010,250 ...236,154 599.521 724,426 .1,054,355 Table 6.—Mortgage as a percent of value, 1940 .,, homes Existing homes New homes 1.071 1,038 1,032 A glossary o f t e r s e used i s Included i n the Appendix. 17.148,015 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 2,540 4,117 ...675.. 1.931 2,123 ..3.H5. Percent distribution l - f a m i l y homes Percent distribution all 1- to 4-family homes Total 3.628 Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage 1934-35 1936 1937. 1938 1939 1940...., $ 734,050 1.653.865 .3,098,400 3,952,100 4,374,400 •3.335.200 Percent distribution of amount of 1- to 4-family home mortgages Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity 147 332 .720., 857 887 .685- Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 101 195 .503.. 79.0 10.5 i.q 2:1 4 rooms or less 5 rooms 7 rooms or more 100.0 Total New homes Existing homes 21.1 45.0 5.1 1.1 18.8 57.4 22.7 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 18.1 1939 18.7 1938 19.1 Computation based on fewer than 6 cases. Percent distribution Average gross monthly payment Ratio of property value to income 3.7 27.8 ..32.9. 14.9 14.8 ...3.6. 2.3 $ 25.33 31.10 ..37.94... 43.19 48.25 ..63.40... 68.69 .2.49., 2.36 2.13 100.0 39.49 44.56 45.40 $ 20.60a 28.07 2.9 24.7 .27.6. ..32.21... 19.4 ..5.9. 7-7 37.20 43.27 ..45.60... 74.46 11.8 100.0 37.60 36.19 35.25 2.90 2.70 .2.11.. 1.46 18.6 2.81 2.62 .2.30., 2.11 2.07 .1.65.. 1.35 1.80 19.3 17.8 .17.5 11.7 18.7 a 2.01 22.3 21.3 .20.3 19.2 2.35 2.31 2.33 2.02 Gross payment as a percent of income 19.0* 19.2 .17.3 16.6 15.8 .12.3 10.4 15-2 15.7 14.1 112 FEDERAL HOUSING ADMINISTRATION DAYTON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1930, estimated by F H A 1940 210,718 60,795 200,982 50,946 9.736 9.849 4.8 19-3 59.741 15.778 271.513 251,928 19.585 | 7-8 75.519 I For sale or rent Increase Number Not for sale or Percent rent 52,758 12,06l 6.983 3.717 13-2 30.8 40 52 1.185 377 1-9 2.3 60,966 16,207 64,819 10,700 16.5 92 1,562 2.0 77.173 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Property improvement notes Existing homes Amount 1935 1936 19371938 1939 1940. Number $84,100 245,250 ...640,500.. 469,600 1,600,500 .2,328,900.. 17 51 .120. 90 335 .489. 120 258 .390., 217 .104. 1,242 5.368.850 Total 1935-40 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Number Amount $475,550 1,015,760 .1,558,700. 917,800 586,600 •..395.900. 4,950.310 Type of institution originating mortgages 2,344 All homes F H A valuation of property Percent distribution 4.2 .20.4.. 50.6 22.1 ..2.5.. .2 100.0 0.9 16.2 ,.44.8. 18.1 16.2 ...1.9. 1.9 1.4 - Amount of mortgage as a percent of F H A valuation of property New homes 100.0 Total 100.c Total Average FHA value of land Land as a percent of property value $3,711 ...4,537--• 5.360 6,629 ...8,596.. 11,250* $391 ...471... 570 859 .1,150... 1.350 a 10.5 5.495 5.650 5.825 622 681 775 $ 350 a 406 ...587... 784 985 .1,400®.. 2,150® 87.6 8.6 •9 4 rooms or less 5 rooms 7 rooms or more 100.0 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more .10.4 10.6 13.0 .13.4 12.0 11.3 12.1 13.3 12.7 11.5 ..I3.3 14.6 15.0 •.15.3 17-7 100.0 100.0 Total New homes Existing homes 24.h 69.4 6.0 .2 5-7 49.5 "56.2 8.6 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Average FHA value of property a All homes Percent distribution 1-family homes Existing homes 84.2 12.1 1>.,„ 3.3 Other $ 2.750 Existing homes Table 9.—Size of home, 1940 a 8 a A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1.500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 14.0 5,020 701 1939 14.6 5.022 732 1938 913 16.7 5.^79 a b Vote: A glossary o f terms used is Included i n the Appendix. Distrbutionbasedonfeverthan26case . Computation based on fewer than 6 cases. 100.0 Percent distribution 1- to 4family homes Number of rooms Wood Brick ...4)429.• 5.362 6,588 . . . 9 . 1 2 5 a12,125® 2,613^830 61.4 73.9 12.0 14. U . . . . 8 . 6 . . . ...67.O... ....18.5 17.0 1.2 3.8 13.2 1.3 3.3g 6... ,....1.9... .2 •9 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 New homes 100.0 8,697 Table 6.—Mortgage as a percent of value, 1940 Exterior material 4.9 79.8 lli.7 .6 l'.9oJ .3.153. $ 269,252 368.390 ...113,209 356.798 547.342 ...958,839 10,319,160 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 1.387.400 2,187.100 -.2,724,800 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Total Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more •593- 962 1.191 ...314. 1934-35 1936 193 7 1938 1939 1940 $ 559.650 Table 8—Material of construction, 1940 Table 7—Capacity of garage, 1940 A l l groups: 1940 1939 1,261,010 .2,199.200 Existing homes New homes 100.0 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 137 309 .510., Percent distribution of amount of 1- to 4-family home mortgages 1.6 A l l others No garage 1-car garage 2-car garage . . . . . . . . . . . 3-car garage Number Amount 6.0 National banks 5-4 5-9 21.2 7.0 State banks 4.7 Savings and loan assns..... . . . . I 8 . 3 . . . . . . . 2 2 . 3 . . . L . . . 1 8 . 8 17.6 Mortgage companies 7.2 5.5 Insurance companies 63.9 59.7 33-5 None Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 T a b l e 4 — Rental projects Total Percent of total Number distil bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $28.20 24.3 1.9 3.13 2.81 22.1 27.2 32.79 . . . 4 1 . 5 . . . . . . 3 5 . 5 4 . . . . 1...2.40 ....19.2 12.0 2.13 38.93 17.3 14.4 45.ll 16.4 1.97 L...1.5... ...57.25.... •...1.83.... ....15.4 .6 9.2® 39.67a .99 a 100.0 36.83 38-59 40.67 2.33 2.19 1.96 18.8 17.9 16.5 $23.25® 3.8 2.72 ® 20.0® 2.47 28.67 28.9 19-5 ....16.6 ...30.7... ...30.91.... ....2.02 2.08 17-4 38.79 13.5 40.31 14.4 1.66 15.* 2.Q... ...48.67® 14.1® ....1.69®... 4.8 65.00® 11.8® i.39a 100.0 34.63 35-79 38.85 1.97 1.90 1.90 16.2 16.3 16.3 HOMES IN METROPOLITAN DISTRICTS TAMPA-ST. 113 PETERSBURG METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Area 1940 Number I n central city.. Outside central city.— . Metropolitan district........ 1930, estimated by FHA 1930 Percent 1940 For sale or rent Increase Not for sale or Percent rent Number Total Percent of total Number 81,812 30,874 82,168 24,821 -356 6,053 -0.4 24.4 22,506 7.776 20,568 5.853 1.938 1.923 9.4 32.9 28 88 539 154 2.3 1.9 23.073 8.018 112,686 106,989 5.697 5-3 30,282 26.421 3.861 14.6 116 693 2.2 31,091 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-famiIv homes Existing homes Amount 1935 1936 1937.. 1938 1939 1940.. lk 42 ..56., 81 125 .231. $ 79.400 231,600 ...263,050. 408,500 603,350 549 2,668,700 .1,082,800. Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units 294 $ 128,000 235.750 ...285,200., 265,250 133.100 ...145,250. 48 108 .123., 143 157 .264. $ 207.400 467.350 ...548,250 673.750 736.450 .1,228,050 1.192,550 843 3,861,250 Type of institution originating mortgages National banks State banks Savings and loan assns. • • • Mortgage companies Insurance companies Savings banks All others None Garage and car capacity No garage 1-car garage 2-car garage 3-car garage Amount of mortgage as a percent of FHA valuation of property Total All homes New homes Existing homes 64.2 31.7 ..31.6. 24.9 14.7 ..23.4.. 7.7 4.7 .30.7 23.1 13.6 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,9995,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more Percent distribution 0.4 9-5 .28.0.. 35-2 18.9 ..6.1 1.9 100.0 71 to 75 61 to 70 Wood Brick Stucco Other Total 100.0 Average FHA value of property Average FHA value of land Land as a percent of property value $ 2,700 a 3.588 ..4,473... 5.381 6,390 ..8.569... ll,000a $ 25O a 312 ...448.. 543 779 .1,193" i,590 a 9*3 a 8.7 .10.0 10.1 12.2 .13.9 a 14.5 5-4 $ 2,725 a 24.4 3.297 .18.9.. ..4,564... 16.2 5.433 29.7 6.745 . . 5 . 4 . . . . 8,625 a . . 597 b b 11.0 b b $ 413 a 374 ...650... 652 982 . 1,890 a . . 15.2 a 11.3 .14.2 12.0 14.6 ,2i.9a a All homes 56.4 14.2 19.8 3.7 5.3 2.6 .3 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 83.8 8.1 2.7 5.4 88.6 8.3 8.... 2.3 All groups: 1940 5,166 736 b 1939 b b b 1938 Note: A glossary of terms used is included in the Appendix. 100.0 Total New homes 5.437 b b Existing homes 50 or less Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property New homes 63.8 16.2 . . . . 1 4 . 0 . . . ....65.8.V. 15.8 1.9 15.8 3.8 86 to 90 81 to 85 Exterior material 100.0 867.278 Percent distribution 1- to 4family homes Percent distribution 1-family homes 15.5 71.3 12.5 .7 ...198,616 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes $ 178,468 187.625 ....51.203 119,002 132.364 2,603 Total Table 7—Capacity of garage, 1940 540 600 .144. 312 394 ..613. 1934-35 1936 193 7 1938 1939 194 0 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 34 66 .61., 62 32 •33" I New homes 8.1 27.3 46.0 48.5 ....19.3.... ....21.6 24.3 4.9 4 rooms or less 5 rooms 6 rooms 7 rooms or more Total 100.0 Existing homes 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Percent distribution Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . 5,000 or more 6.1 39-0 .28.9. 10.2 12.6 ..2.0. 1.2 100.0 All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . . 5,000 or more All groups: 1940 14.2 b 1939 b 1938 Computation based on fewer than 6 cases. Average gross monthly payment b Gross payment as a percent of income $ 24.80 30.97 ...33-42... 40.92 47.94 57.80 a .. 74.33 a 2-95 2.77 .2.33. 2.27 22.5 21.1 .18.3 I8.3 .l.94a i.73a .15.7 a 15.0 a 35-52 b 2.41 18.9 3.0 $ 26.00 a 30.3 22.90 .24.2... . . . 3 3 - 7 5 . . . 15.2 37.80 a 12.1 45.50 a ..9-1, 45-67 a . . 6.1 54.50 a 100.0 Ratio of property value to income 3^.61 b Data not available. 2.16 17.6 b b 6.7la 1.95 .2.23... 2.28 a 1.89 a .1.47 a .. 1.49 a 1.96 b b 44.6 a 15.3 .17.8_ 16.5 a 15.la .12.4 a 11.8a 15.3 b b 114 FEDERAL HOUSING ADMINISTRATION SPRINGFIELD, OHIO METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number 70,662 6,744 I n central city Outside central city 77.406 Metropolitan district - Percent 1940 68,743 5.186 1.919 1.558 2.8 30.0 20,098 1,560 73.929 3.*77 4.7 21,658 | Increase For sale or rent Number Percent Not for sale or. rent Number Percent of total 18,208 I.O65 1.890 495 10. U 46.5 57 29 5*9 29 2.7 1.8 20,704 1,618 19,273 2.385 12.4 86 578 2.6 22,322 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number 1938 1939 Amount 170 Total 372 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more All groups: 1940 1939 1.932 - 1 Wood Brick Other 100.0 s 100.0 86 81 76 71 61 pro Perty New homes Land as a percent of property value 5-5 .38.4. 23.3 27.4 ..2.7. 2.7 $ 3.713 ..4,539... 5.325 6.478 . . 9 . 6 2 51> *.. io,ooo $ 263* ...451... 625 898 .1,600*.. 2,050* 7.1* ..9.9 11.7 100.0 5.*96 679 12.4 .$51*.. 875* 810* .1.750*.. 1,600* .11.7 16.7* 12.5* .19.2* 15.2* 853 14.2 . . . 4 1 . 1 . . . $ *.375 . 11.8 5.250* 6,500* 29.4 ...11.8.. ...9,125*. 10,500* 5.9 6,022 20.5* a All homes 67.2 5*. 5 17.8 14.4 9.6... ....64.7... ....20.0 29.4 7.8 2.7 2.7 5.9 3.3 to 90 to 85 to 80 to 75 to 70 100.0 Existing homes " 100.0 Total - 100.0ft - 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms New homes Existing homes 93-1 1.4 76.5 11.7 5.5 Average FHA value of land 629.893 Percent distribution 1- to 4family homes 50 or less - 100.0 Total Average FHA value of property 100.0 a of Exterior material 3.3 81.1 14.5 1.1 Percent distribution 19.3 2.6 17.3 60.8 36.1 66?5 Amount of mortgage as a percent of FHA valuation homes 12.2 50.2 3.2 18.1... . . . . 1 3 . 7 . . . $90,149 106,734 ...22,466 112.953 139.872 ..157.719 Table 6.—Mortgage as a percent of value, 1940 Percent distribution 1-family homes Note: A glossary of terms used 1s included in the Appendix. °Data not available. 1939 1940- 1,581,115 ^j, Existing homes New homes Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property j 304 369 ..73.. 300 385 ,.501. 1934-35 1936 193 7 Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes Total 66 100.0 Table 7—Capacity of garage, 1940 3-car garage %"" Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns. Mortgage companies Insurance companies Savings banks . . . . . . . . . . . . All others No garage 1-car garage Amount $ 139.700 314,715 200.000 256,100 319,800 35 79 687.515 Type of institution originating mortgages None Garage and car capacity Number Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units All homes $ 107.550 27 221,065 57 . . . . 1 0 8 000 29.... 116,100 28 51.700 15 14.... 893,600 Table 4.—Rental projects Total 1935-40 Number $ 32.150 93.650 52 0 0 0 . . . . 140,000 268,100 202 1935-40 Property improvement notes Existing homes Amount 8 22 24.... 36 £ 1935 1936 Total 1930, estimated by FHA 5.9 100.0 a 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 15.1 56.2 ....27.4.... 1.3 5.9 35.3 17.6 41.2 100.0 100.0 a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 26.20b 6.8 3.04* 22.6* 32.9 2.78 21.2 30.63 ...27.4... ...34.85.... ...2.32 ....I8.5 13.7 40.60 2.29 18.4 16.4 15.6 . . . . 1 . 4 . . . ...68.00*... ...2.08*.... ....17.0* 1.4 62.00* 1.81* 13.8* 100.0 35.85 c c 11.8 18.4 c c 2.51* ...2.00* 2.12* 2.09 20.7 b 15.0* 15.4* 15.9 65.50^ 1.58* 12.4* 38.65 c c 2.01 c c 15.5 c c $ 29.25? 23.5 ...17.6... ...28.33* 34.00* 11.8 42.67 35.3 100.0 a 2.35 c c Distribution based on fewer than 26 cases. * Computation based on fewer than 6 cases. HOMES IN METROPOLITAN DISTRICTS 115 ROANOKE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Area * 1940 I 1930 Number 290,718 55.812 282,349 59.314 I n central city Outside central city -2.9 j 6.3 Not for sale or Percent rent Number 79.294 16,024 73.975 13.980 5.319 2,044 14.6 95.318 87.955 7,363 8.4 1940 For sale or rent Increase 1930, estimated by F H A [Percent -8,369 3.502 Vacant, 1940 Occupied Total Number Percent of total I85 63 3.090 322 3.7 2.0 82.569 16,409 248 3.412 3.4 98.978 j Metropolitan district 341.663 -4,867 346,530 i - 1 . 4 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Existing homes New homes Amount Number Amount Number $ 765,800 $ 178,850 30 231 1935 521.376 1,607,095 88 501 1936 1937 • • « • • • • • • • • • • • • , . . . . 1 8 4 . . . . . 1 , 0 0 5 , 9 0 0 . . . , . . . . 5 5 6 . . . , k . . 2 , 0 6 7 . 4 0 0 . . . 954,900 1,516,800 365 1938 171 2,475.100 464 1939 1.435.331 3f5 194 0 1935-40 Mortgages: Number Amount Projects: Number Dwelling units 1 8,135,826 Mortgages insured under Section 207 or 210 of Title I I National banks State banks Savings and loan assns.. • • • Mortgage companies Insurance companies A l l groups: 1940 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more 15,828,152 1934-35 1936 1937.... 1938 1939 194 0 59.2 8.9 24.1 6.9 20.6 5.7 100.0 14.1 68.9 16.4 .6 Wood Brick Stucco . . . . . . . . . . . . . . . . Other 100.0 0.6 6.6 ..24.6. 31.7 7.2 86 81 76 71 61 to to to to to Total FHA value of property $ 3,800a ..4,490. 5.484 6,549 ...8,494., 13.438 6,076 6,319 6,738 $ 2,900a 3.577 ..4,491... 5.405 6.695 ..8,500... 11,104 Average FHA value of land $ 467 a ...535... 640 844 12.3 .11.9 11.7 12.9 .13.7 18.1 .1,160... 2,427 12.7 14.2 773 897 1,054 15.6 13.8ft 16.3 .15.7 $ 400 » 582 ...707... 842 1,138 .1,472... 2,225 15.6 17.0 .17.3 20.0 16.7 18.2 18.8 a 4,124,508 New homes Existing homes All homes 1:1 50 or less 100.0 Total 100.0 100.0 Table 9—Size of home, 1940 Percent distribution l - f a m i l y homes Number of rooms Existing homes 81.5 16.04 . . . . 2.1 100.0 Land as a percent of property value 10,308 42.5 55.0 17.0 22.7 ,...14.4... ...60.2... ...24.6 5-2 8.9 19.9 2.1 14.0 6... ....4.7...< 1.2 .3 90 85 80 75 70 100.0 New homes 100.0 .17.3. 35.8 38.3 ..5.5. 2.5 100.0 $ 624,758 660.U56 ...133.991 456,600 1,002,694 .1,246,009 Percent distribution 1- to 4family homes Percent distribution l - f a m i l y homes Exterior material 0.6 •9 Amount of mortgage as a percent of F H A valuation of property Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Percent distribution 10.9 1.819 1,957 ...264. 1,092 2.299 .2,877. Table 6.—Mortgage as a percent of value, 1940 51.8 5.930 993 5.872 1,066 1,022 5.452 A glossary o f terms used i s included i n the Appendix. 3.573 6l~5 ,...ll.l... A l l groups: 1940 Note: 2,471,700 3,910,431 ...3.299.600 All homes Table 10.—Averages by property value groups for l-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 536 789 i.i Table 7—Capacity of garage, 1940 F H A valuation of property $ 944,650 2,128,471 Existing homes Total Total 261 589 New homes A l l others No garage 1-car garage 2-car garage . « • • . . . . . . . , 3-car garage Number Amount Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages None Garage and car capacity Number Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 2,138 7.692,326 1.435 A l l homes 81.4 6.6 7.8 4.2 New homes 4 5 6 7 100.0 rooms or less rooms rooms rooms or more Total Existing homes 3.6 25.9 48.8 22.7 ....22.8..., ....55.7 18.0 2.5 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Computation based on fewer than 6 cases. distrf bution Average gross monthly payment Ratio of property value to income 1.0 $ 29.80a 3.19 22.8 2.86 33.19 . . . 3 2 . 2 . . ,..37.61.. ...2.53 2.19 18.7 39.37 19.0 46.96 2.03 . . . . 4 . 1 . . ,..53.00...., ...1.78 1.44 2.2 88.82 100.0 40.40 41.59 44.01 $ 28.00a 0.6 31.61 20.3 . . . 2 4 . 8 . . , ..35-53 14.4 35.59 41.32 20.3 . . . . 7 . 2 . . , ..56.82 12.4 63.79 100.0 40.91 40.74 38.76 a 2.27 2.32 2.34 3-54* 2.56 ...2.33 1.95 1.82 ...1.77 1.44 I.92 I.95 1.94 Gross payment as a percent of income 25.6 22.1 ...20.1 17.4 16.6 ...14.5 12.1 a 18.1 18.2 I8.7 28.0* 20.7 ...19.1 15.9 15.0 ...15.4 12.1 15.9 16.1 16.5 116 FEDERAL HOUSING ADMINISTRATION YOUNGSTOWN METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Area Occupied Vacant, 1940 ! 1940 1930 Number In central city Outside central city Metropolitan district Percent 1930, ; estimated by FHA 1940 167,720 204,708 170,002 194,558 -2,282 10,150 j-1.3 5.2 41,200 50,800 372,428 364,560 7.868 2.2 92,000 ! Increase For sale or rent Not for sale or Percent rent Number Number 39,043 44,187 2.157 6.613 5-5 15.0 34 121 648 439 1-5 •9 41,882 51.360 83,230 8.770 I 10.5 | 155 1,087 1.2 93.242 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes Amount 1935 1936 1937* 1938 1939 1940' 31 93 ..87.. 1U3 176 .290., $ 150,850 447,470 ...U30.200., 753.300 921,700 .1,482,500. 4,186,020 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number ... Amount Projects: Number. Dwelling units Amount Amount $ 573.750 1,202,495 .1,099,800., 903,900 663,800 ...463,000. $ 724,600 1,649,965 4,906,745 1.307 Type of institution originating mortgages Hone New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more All groups: 1940 1939 1938 Note: 2,127 1939 1940 • New homes - 100.0 All homes Amount of mortgage as a percent of FHA valuation of property 8.57S" 2,881,815 - 100.0 Percent distribution 1- to 4family homes New homes Existing homes 100.0 Total 100.0 Percent distribution 1-family homes Exterior material Number of rooms New homes 84.2 10.1 Other Total Average FHA value of property Average FHA value of land $3,603 5.2 $197 . . . 1 8 . 1 . . . ...4,553..•« ••••511 5.361 33.0 602 6,540 35.4 785 . . . . 8 . 0 . . . . . . 8 , 6 1 7 .a. . . ..1,061 10,000 1,200a .3 5.817 6,355 6,506 Land as a percent of property value 5.5 11.2 11.2 12.0 ....12.3 a 12.0 668 802 859 11.5 12.6 13.2 18.7 a 13.9 14.1 14.2 13.7 16.4 $ 2.667 a 2.5 17.0 3.M3 ...33.9... ....621 ...4,399 25.4 5.338 757 14.4 6.597 904 . . . . 6 . 8 . . . . . . 8 , 4 6 6 . . . . ..1,388 •sr 100.0 721 5.019 755 5,210 846 5.U34 A glossal? of terms used is included in the Appendix. a 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Wood Brick All homes 52.0 36.6 24.7 17.4 ...17.0.... ...54.8.... ....28.2 22.2 8.9 3.3 15.1 2.7 6.3 ....4.8.... 3.1 •9 to 90 to 85 to 80 to 75 to 70 Table 8.—Material of construction, 1940 100.0 Percent distribution - 100.0 $ 376,630 469,818 ...132.957 291.255 653,762 .•<957,393 Table 6.—Mortgage as a percent of value, 1940 50 or less 16.4 62.0 21.4 .2 100.0 Existing homes 1,318 1.385 ...293. 888 1.777 ..2.915. 9.092.765 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property 1,657,200 1,585,500 •1.945.500 All others Percent distribution all 1- to 4-family homes Total 1934-35 1936 1937 .1,530,000 86 81 76 71 61 Table 7—Capacity of garage, 1940 No garage 1-car garage 2-car garage . . . . . . . . . . . < 3-car garage 193 446 .371.. 364 343 ••410. 13.0 National banks 18.7 36.7 21.q State banks 25.8 38.0 Savings and loan assns..... , . . . 5 3 . 4 . . . , . . . 1 8 . 5 . . M , . . . . 4 5 . 0 Mortgage companies 2.0 2.7 1.7 Insurance companies 4.1 8.5 10.0 Total Garage and car capacity All homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 162 353 .284.. 221 167 .120. Total Percent of total Existing homes 80.7 15.1 5.7 1.7 100.0 100.0 New homes Existing homes 25.2 5.9 34.2 28.6 ....34.2.... ....45.4 20.1 6.4 4 rooms or less 5 rooms 6 rooms 7 rooms or more Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 14.4 1939 14.5 1938 15.6 Computation based on fewer than 6 cases. distrf bution Ratio of property value to income Average gross monthly payment 3.0 $ 27.11 2.97 28.6 33.58 2.77 . . . 2 5 . 9 . . . ...40.36...J ...2.58 44.12 2.29 17.2 2.10 48.69 17.2 . . . . 3 . 4 . . . . . . 5 7 . 5 0 . . . . •...1.78 1.12 72.07 4.7 100.0 42.16 44.42 48.27 2.19 2.31 2.21 Gross payment as a percent of income 23.2 23.0 ....21.8 19.7 17.7 ....15.7 8.9 18.4 19.5 19.5 $ 26.67 24.5 5.3 2.93 22.1 2.44 20.0 29.16 ...30.1... ...34.35.... ...2.12 ....18.5 17.0 1.96 38.13 13.3 23.0 42.23 1.82 15.6 14.3 ....4.4... ...i.59ft.... 91.00* 1.65® 12.7 1.8 100.0 36.90 38.86 40.61 1 2.01 1.79 1.65 17.2 16.0 14.7 a a 117 HOMES IN METROPOLITAN DISTRICTS METROPOLITAN EVANSVILLE DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Area 1940 1930 Number 1940 97.062 fa. 552 102,249 20,881 -5.187 23.671 -5.1 113.4 27.766 11.771 l4i,6l4 123.130 18,484 15.0 39.537 I n central city Outside central city. Metropolitan district Percent ! For sale or rent Increase Not for sale or Percent rent Number 25.716 5.297 2.050 6,474 8.0 122.2 28 28 521 200 1.8 1.7 28.315 11.999 31.013 8.524 27.5 56 7a 1.8 4o,3l4 Number Property improvement notes M<)rtgages on 1- to 4-family homes 1935 1936 1937..... 1938 1939 1940 5,066,820 844,180 247 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks Savings and loan assns. . . . . Mortgage companies " Insurance companies Savings banks All others Hone New homes 74.6 1.1 "It" 1.5 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9 999 10,000 or more 42 146 $ 153.000 503.500 1938 1939 5,911.000 1.483 .2 Table 6.—Mortgage as a percent of value, 1940 1.2 $ 2,719 a 23.6 3.597 ....39.8.. ....4,390... 20.0 5.335 12.1 6.555 1.2 25.0 ....47.2.. 13.9 11.1 2.8.. Amount of mortgage as a percent of FHA valuation of P r °P e r t y ^yj homes 74.3 70.5 1.6 8.3 5.5... ....18.3 1.3 1.5 100.0 New homes 11.550 a 4.809 4.879 4.954 . Average FHA value of land Land as a percent of property value $ 230 a 8.5a 10.7 562 693 ....99U i.faoa 10.5 10.6 11.6 a 12. 2 $568 g55 a 5.675 a l,o69 a 6 . 3 l 3 aa 8,000 . . ..3»ooo a All homes 7 50 or less 100.0 New homes Existing homes 80.5 17.6 77.8 22.2 1.9 519 517 527 Existing homes 61.8 57.0 17.7 16.3 ....12.5... ....73.0... ....17.1 4.6 18.9 U 8.1 4.3 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 Total 100.0 10.8 10.6 10.6 16.5 15.7 1 5 . l aa 16.9 37.5 a 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes - New homes 4 rooms or less 5 rooms 6 rooms 7 rooms or more 100.0 55.2 35.2 7.9... 1.7 100.0 Total Existing homes 33.3 38.9 22.2 5.6 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 788 100.0 All groups: 1940 16.9 4,653 1939 800 1939 15.7 5.093 1938 746 1938 15.7 4,738 Botes A glossary of terns used is Included i n the Appendix. * Computation based on fewer than 6 eases. Percent distribution 1- to 4family homes Number of rooms 100.0 Total Average FHA value of property 916,727 7... Wood Brick Stucco Other 100.0 100.0 2,747 1934-40 Exterior material 28.6 60.3 Percent distribution Existing homes Amount 654 $ 175,233 590 190.9^5 176..J 77,175 288 108,650 4o4 165,692 635.. ....199.032 1934-35 1936 1,115.200 289 1,769,600 , , ,.41*7... . . . J . , 848,000 - Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Number Percent distribution 1-family homes Percent distribution all 1- to 4-family homes FHA valuation of property Year Amount Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 Total Number Percent distribution of amount of 1- to 4-family home mortgages 100.0 Total No garage 1-car garage 2-car garage 3-car garage All homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Garage and car capacity Amount $67,300 a5,48o 2 5 , „ j ....101.400,, 193.200 145.500 38 ia,300... 33... $ 85.700 288,020 420,300.. 922,000 1,624,100 1,726,700.. 1.236 Mortgages: Number Amount Projects: Number Dwelling units Number Amount 19 72 ....103... 235 1935-40 Total 1935-40 Existing homes New homes Number Percent of total Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Year Total 1930, estimated by FHA Percent distribution Average gross monthly payment 16.3 $ 23.55 42.9 28.74 . . . . a . 4 . . ...32.94.... 8.2 38.06 43.20 6.4 2.3.. . . . 5 6 . 6 7 . . . . 62.90 2.5 100.0 31.99 31.53 34.39 Ratio of property value to income Gross payment as a percent of income 2.89 21.9 2.58 20.1 2.23.... ....17.6 2.05 17.1 1.92 15.5 1.81.... ....15.5 1.42 12.4 2.29 2.15 2.17 18.2 16.6 17.3 8.8 $ 25.67 a 21.7 a 2.53 ft 32.4 29.64 19.8 2.38 . . . . 3 5 . 3 . . . . . 3 1 . 4 2 a. . . . . . . . 2 . 0 2 .a . . . . . . . 1 6 . 4 32.50 1.81 14.4 a 5.9 11.8 l.52a 4o.75 a l4.3» a a I0.7a 2.9.. . . . 4 4 . 0 0 a . . . . 1 . 1 7 a . . . 65.OO l.6o 15.6 a 2.9 100.0 32.85 35.76 35.05 1.96 1.57 1.37 16.6 13.2 12.2 118 FEDERAL HOUSING ADMINISTRATION FORT WAYNE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 I n central city Outside central city Metropolitan district 1930, estimated by F H A 1930 Number Percent Increase 1940 118,410 15.975 114,946 11,612 3,464 ^.363 3.0 37.6 33.003 4,132 29.1^5 2,706 13^.385 126,558 7.827 6.2 37.135 31,851 Number | For sale or rent N o t for sale or rent Percent Number 3.858 1,426 13.2 52.7 48 15 807 94 2.4 2.2 33.858 4,241 5,284 | 16.6 63 901 2.4 38.099 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes New homes Year Number 1935 1936 193 7 1938 1939 17 62 90... 157 310 468... 1,104 1935-40 Mortgages: Number Amount Projects: Number ... Dwelling units Number A l l homes Amount Number $424,750 118 1,456,440 442 46o... . . . 1 , 5 5 2 , 0 0 0 . . . 1,239.100 416 1,230,600 35* 375... ...1,297,200... $99,350 328.550 409,400... 780,200 1,478,200 5,329,600 2.165 7,200,090 135 504 550... 6ft Year Number Amount $524,100 1.784,990 1,961,400 2,019,300 2,708,800 ...3,531,100 1934-35 1936 193 7 1938 1939 194 0 12,529,690 3.269 1934-40 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes Amount Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks Savings and loan assns. Mortgage companies Insurance companies Savings banks A l l others 4 $ 74,500 2 Existing homes 28.1 33-1 ..4.8., 9.0 55.U ..6.5. 9.0 1*5.0 .1 6.1 2.6 Amount of mortgage as a percent of F H A valuation of property All homes 30.0 2.4 ..5.4 8.9 51.6 1.7 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Total F H A valuation of property Hote: New homes 1.785.293 Existing homes All homes 25.1 53.3 Wood Brick 1.0 Other 100.0 0.9 10.1 .26.8. 27.4 26.4 ..4.6. 3.8 5-7 31.9 .34.6. 17-U 7.1 ..1.4. 1.9 100.0 Existing homes 90.1 86.4 6.3 %.o 100.0 Average FHA value of land Land as a percent of property value $ 2,519 a 3.535 ...4,435.. 5.364 6.705 ...8,563.. 12,267 $ 370 a 403 ...555... 716 914 .1.195--. 1.858 14.7 11.4 .12.5 13.3 13.6 .14.0 15.I $468 $2,457 603 3.^76 ...4,311.. ....750... 947 5.310 1,314 6.585 ...8,500®. ..1,815 a «. 3.023 13.679 A glossary of terms used I s included i n the Appendix. a 13.3 1U.7 16.8 19.0 17.3 ,.17.4 17.8 20.0 .21.4® 22.1 18.2 819 881 783 19.1 19.** a 100.0 Percent distribution 1-family homes New homes 4 5 6 7 rooms or less rooms rooms rooms or more 100.0 Total Existing homes 33.8 35.2 ....25.I...j 5-9 3.0 42.2 42.0 12.8 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Average FHA value of property 4,510 ^,603 4,045 New homes ....3:u6 5.9 756 860 1.057 , Number of rooms Total 5.670 5.357 6,276 100.0 Table 9.—Size of home, 1940 Exterior material ..20.6 Percent distribution 100.0 Total Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 5.230 Percent distribution 1- to 4family homes Percent distribution 1-family homes Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage.. 3-car garage A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more $ 301,062 350.385 105,989 216,609 324,346 .486,902 5^.1 30.5 18.0 9.9 ...15.2...J ....65.1... ....37.0 10.6 4.0 18.9 12.4 7-9 9-9 1.7 2.8... 8.... .4 .8 Table 8.—Material of construction, 1940 Table 7.—-Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 889 1.037 233... 616 1,021 1,434... 60 Total Garage and car capacity Amount Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes Total Percent of total Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Computation based on fewer than 6 cases. Percent distribution 8.2 41.1 ...26.7. 8.2 9.6 ....2.2. 4.0 Average gross monthly payment $23.78 29.55 ..35.52.. 39.86 ^8,53 ,..58.80., 79.72 100.0 35-98 38.58 42.07 10.0 38.8 ..24.1. 8.5 $21.91 25.89 ..28.70.. 32.3^ 36.73. ,. .38.00 * 65.57 13.0 ...1.5. 4.1 100.0 29.9^ 30.86 28.82 Ratio of property value to 2.9^ 2.7^ .2.55.. 2.27 2.12 Gross payment as a percent of income 21.6 20.4 .19.1 17.6 17.2 .1.90.. 1.58 .16.0 2.39 2.35 18.3 18.5 16.3 2.03 2.69 2.27 ..1.94.. 1.75 1.60 ..1.37^ I.50 12.8 20.4 17.7 ,.15.4 1U.3 13.0 ..10.7 8 11.8 1.93 1.80 1.68 I'M 119 HOMES IN METROPOLITAN DISTRICTS INDIANAPOLIS METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number Percent 1940 For sale or rent Increase 1930, estimated by F H A Number 98,610 13,118 13.639 4,710 13.8 35.9 1U.728 18,349 16.4 N o t for sale or Percent rent Number 183 170 4,209 571 3.6 3.1 116,641 I8.569 353 4,780 3.5 135.210 1 I n central city Outside central city Metropolitan district 386,972 68.385 364.161 53.524 22,811 14,861 6.3 27.8 112,249 17,828 455.357 417.685 37.672 9.0 130,077 | Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year New homes Number 1935 1936 193 7 1938 1939 194a i 1935-40 2.884 Mortgages: Number Amount Projects: Number Dwelling units 206 III 593 708 603... 14,332,126 A l l homes Amount Number $784,600 2.692.575 ...1,741,500... 2,123,000 2,630,800 3.369 Mortgages insured under Section 207 or 210 of Title I I 5 7.7 27.3 33-1 All homes 10.1 33.3 ....11.3... 11.1 34.0 8.4 27.8 6.7 22.8 33.4 1.3 .2 .9 100.0 100.0 100.0 A l l others Garage and car capacity Total to to to to to F H A valuation of property Wood Brick Other Total 100.0 Percent distribution 0.2 8.5 .28.529.9 26.8 ..4.4. 1-7 100.0 5.8 29.6 .26.4. 15.1 4.0 Percent distribution 1- to 4family homes New homes 50 or less 100.0 Total Average FHA value of property $ 2.633 a 5,4O4 6,576 ...8,691.. 12.530 5.554 5,868 6,031 Average FHA value of land Land as a percent of property value $300« 11.4 » 9.9 .10.4 10.6 11.2 .13.5 15.5 ...467.. 571 735 .1.170.. 1,943 616 697 828 $2,660 3.433 ...4,321. 5.407 $474 577 ...789.. 1.022 11,521 .1,868., 2.838 11.1 11.9 13.7 17.8 16.8 .18.3 18.9 1.386 20.8 ,.21.9 24.6 A l l groups: 1940 1939 1938 971 4,985 4,783 906 4.877 970 A glossary of terms used i s included i n the Appendix. ft Existing homes AH homes 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Percent distribution l - f a m i l y homes 3.8 71.1 24.1 1.0 5.206.957 45.2 66.6 9.5 13.9 ....13.3... ....66.9... ....30.4 7.8 19.0 6.0 11.3 33 1.9... 1. .6 .2 .9 •5 90 85 80. 75 70 Number of rooms Exterior material Table 10.—Averages by property value groups for l-family homes, 1940 86 81 76 71 61 Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage Note: Amount of mortgage as a percent of F H A valuation of property 448 Table 7.—Capacity of garage, 1940 16.357 2,026 Table 6.—Mortgage as a percent of value, 1940 Existing homes New homes 3.850 .4,321. $636,185 958.394 ...293.381 617.354 1,285,278 .1,416,365 2.033 3.333 ...794., 26,645,101 Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns. Mortgage companies Insurance companies Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . , 10,000 or more 1934-35 1936 193 7 1938 1939 1940. $990,950 239 3.375.051 892 644... 2,558,200 1,085 4,598,600 6,474,700 1,480 . . . 1 , 9 1 3 . . . ....8,647,600 6,253 12,312,975 Type of institution originating mortgages 5 $2,028,750 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number $206,350 682.476 816,700.. 2,475,600 3,843,900 6,307,100.. 33 119 158... 492 772 ...1,310... Property improvement notes Existing homes Amount Total Percent of total New homes Existing homes 68.2 20.8 73.9 15.9 10.8 Q 100.0 100.0 New homes 24.6 59.9 4 rooms or less 5 rooms 7 rooms or more Total Existing homes 3.5 55.7 1.9 15.6 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999. 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 19.5 1939 18.9 1938 19.9 Computation based on fewer than 6 cases. PcrcGut bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 22.0 2.98 $24.09 5.1 29.6 20.7 2.72 30.51 ...28.6... ...34.56.... ....2.41 ...18.7 13.0 2.16 17.2 38.34 15.8 17.1 1.92 43.97 . . . 1 4.7 . . . 5 4 . 3 9 . . . . ....3.5.. ....1.79.... l.->4 10.1 61.49 3.1 100.0 36.46 39.21 41.51 2.20 2.08 1.92 17.3 16.8 15.8 6.2 $19.92 2-37 17.9 19.8 2.16 17.0 24.47 ...25.8... ...29.23.... . . . . 1 . 9 0 . . . . ...15.5 14.5 32.45 15.3 1.73 18.1 40.21 14.1 1.72 ...48.60.... 1.55 ...12.9 7.6 1 64.50 11.4 1.31 100.0 34.26 35.23 38.15 1.74 1.69 1.62 14.3 14.7 14.6 FEDERAL HOUSING ADMINISTRATION 120 SOUTH BEND METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city ; Metropolitan district Percent 1940 Increase 1930, estimated by F H A Number For sale or rent Not for sale or rent Percent Number 101,268 45.754 104.193 42,376 -2.925 3.378 -2.8 8.0 27.895 12.165 25.633 10,271 2.262 1,894 8.8 18.4 49 52 582 223 2.0 1.8 28,526 12,440 147.022 146,569 453 •3 40,060 35.904 4.156 11.6 101 8O5 2.0 40.966 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Existing homes New homes Number Number Amount 8 $ 43,300 53 143.175 198 30 34.... L....146,200... ^....166... 314.100 64 246 707,400 322 147 ...1,431,900... 1935 1936 1938 1939 588 1935-40 Amount A l l homes Number Amount $ 166,400 571.030 61 228 775.200 1,015,800 756.500... 310 469 532.-. 3.831.330 $ 209,700 714,205 ,....692,600 1,089,300 1,723,200 1,800 Type of institution originating mortgages 6,617,405 National banks State banks Savings and loan assns.» Mortgage companies Insurance companies Savings banks A l l others None 7.3 44.7 ..3.8., 24.3 4.5 Garage and car capacity Existing homes All homes 29.5 49.7 ..5-3. 7.5 7.7 15.1 46.5 ..4.3 18.4 5.6 15.4 Amount of mortgage as a percent of F H A valuation of property 86 81 76 71 61 51 50 to 90 to 85 to 80 to 75 to 70 to 60 or less No garage 1-car garage 2-car garage . . 3-car garage Total Percent distribution 1-family homes 2.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,9995,000 to 5,999 6,00C to 7,999 8,000 to 9,99910,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 100.0 Note: Average FHA value of property Average FHA value of land Land as a percent of property value 0.3 4.7 .33.6. 34.6 22.5 ..3.4. •9 $ 2,800 a 3.487 ..4,529.. 5.392 6.605 ,..8,939.. n.333 a $ 800 a 357 ...499.. 669 888 28.6 a 10.2 .11.0 1.683 14.9 100.0 5.454 5.874 6,016 12.4 13.4 .13.6 a .1,218.,8 12.4 13.3 14.5 675 784 872 18.1 16.1 .17.3 16.9 17.7 .17.4 24.0 $ 462 $ 2,549 542 3.371 ...4,346...| ...754., 12.0 896 5,306 9-8 1.189 6.736 . . 2 . 6 . . ...8,621... .1,499.. 3.0 3.211 13.393 12.8 34.2 .25.6.. 100.0 4,512 4,252 4.333 88.5 5.6 2.1 3-7 Total 17.6 796 763 861 A glossary of terms used i s Included in the Appendix. 17.9 19.9 a 100.0 100.0 Percent distribution 1-family homes Existing homes 91.0 5.3 Other 100.0 All homes Number of rooms New homes Wood Brick Existing homes Table 9.—Size of home, 1940 Exterior material 17.5 64.0 .16.5 Percent distribution New homes 100.0 Total Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Percent distribution 1- to 4family homes 38.9 67.3 12.2 7.0 ....10.9... ....53.2... ,...28.7 4.0 21.5 11.5 4.4 I6.5 9-5 7.2... 9... 3.5 1.6 •3 •9 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes 1,836.249 6.370 Total Table 7—Capacity of garage, 1940 $448,909 356.542 ....80,540 143,290 283.636 ...523.332 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes 1,714 1,281 ...195... 519 945 .1,716... 1934-35 1936 1937 1938 1939 194 0 Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units 1,212 2,786.075 Table 4.—Rental projects Total 1935-40 Total Percent of total t 4 rooms or less 5 rooms 7 rooms or more 100.0 Total New homes Existing homes 45.8 35.5 ,...16.2.... 2.5 10.3 44.0 31.6 14.1 100.0 100.0 Table 11—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Computation based on fever than 6 cases. distrf bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 23.6 $26.27 7.1 3.23 20.5 35.4 2.77 30.15 ....31.2.. ....34.41... ....2.41.... ,...18.5 8.4 2.14 17.1 38.73 45.66 16.8 2.04 13.3 2.0.. ....53.50... , . . . 1 . 6 8 . . . . ,...14.1 2.6 61.38 11.9 1.43 100.0 35.25 39.13 38.52 2.35 2.21 2.33 18.2 17.4 17.6 7.4 $ 22.06 2.32 19.3 2.02 35.2 23.45 15.9 . . . . 2 5 . 0 . . , . . . 2 8 . 4 3 . . . , . . . 1 . 8 6 . . . . >...15.4 8.8 32.84 1.71 1W.7 11.6 38.84 1.67 13.7 4.2.. ,...43.44... ,...1.35...., ,...12.0 69.88 1.30 7.8 11.3 100.0 31.69 30.66 31.19 1.72 1.66 1.75 14.2 14.3 15.2 HOMES IN METROPOLITAN DISTRICTS TERRE 121 METROPOLITAN HAUTE DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city____ Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930, estimated by F H A Number Not for sale or rent Percent 62,693 20,677 62,810 19.430 -117 1.247 -0.2 6.4 19,655 5.819 17.577 4,800 2.078 1.019 U.8 21.2 50 39 83.370 82,240 1.130 1.4 25.474 22,377 3.097 13.8 89 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Number . 657 123 3-2 2.1 20,362 5.981 780 3-0 26,343 Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number Amount Number 1 $3,850 4 12.650 31... ....118,900.... 80 350,200 480,100 113 .....107... ....513,500.... 1935 1936 1937. 1938 1939 336 1935-40 149,900 210,200 National banks State banks Savings and loan assns Mortgage companies Insurance companies New homes 48.5 ...49.6.... Existing homes Table 7—Capacity of garage, 1940 5'9 2.9 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Hot«i 100.0 Average FHA value of property Average FHA value of land Land as a percent of property value $2,825* 3.653 ...4,357.. 5.376 6.345 ...8,250 V 14.875* $225* 370 ...447... 598 747 .1,300*.. 1.750a 8.0* 10.1 .10.3 11.1 11.8 5.167 * 571 V b 11.1 b b . . l i t 5,looa 6.625 8,750®. $ 420* 508 ...571. 675® 700 1,500a. 14. k .13.4 13.2* 10.6 .17.1* 4.372 b b 595 b b % 10.2 $2,655* 36.7 . 28.6. 8.2 12.2 ..4.1., A glossary of tsras used i s Included I n the Appendix. .15.8* 11.8 a 15.8* a 608,646 New homes Existing homes All homes 49.1 69.4 11.2 8.0 6.5... ....80.4... ....28.0 4.6 9.8 2.4 9.1 10.5 5.9 90 85 80. 75 70 - Total 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms 89-5 9-7 Other 100.0 1.6 to to to to to 100.0 New homes Wood Brick 62,865 123,621 ..200,103 Percent distribution 1- to 4family homes Percent distribution 1-family homes 9-7 73.7 6 1.6 8.1 .34.7.. 39-5 12.9 ..1.6.. 86 81 76 71 61 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 100.0 Amount of mortgage as a percent of F H A valuation of property 50 or less - - ...28,205 2.046 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Percent distribution All homes 44T3 ...52.8 1-9 $84,767 109,085 321 315 ..90. 228 433 •^59. Table 6.—Mortgage as a percent of value, 1940 31.1 ...63.O - Total Total 1934-35 1936 1937 1938 1939 1940 2,258,200 Percent distribution of amount of 1- to 4-family home mortgages A l l others No garage 1-car garage 2-car garage 3-car garage $20,200 68,800 297.600 500,100 690,300 584 779,000 248 Amount 6 22 95-•• 121 177 163... $ 16.350 56,150 Type of institution originating mortgages Hone Garage and car capacity Number Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number... Amount Projects: Number Dwelling units A l l homes Amount 5 18 64... 41 64 56... 1,479,200 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Total Percent of total Existing homes 75.5 10.2 .8 4.1 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 8.1 37.1 63-3 50.8 14.3 9.7... 2.4 " " 14.3 Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4 000 to 4 999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income 2.88 a $23.60* 46. H 30.37 2.69 ...28.6... ....34.47... ....2.35.... 46.33 2.19 8.0 42.36 1.92 3-€ 2.7 100.0 78.00* 1.82 34.97 b b 2.37 b b a 10.6 $20.80* 2.50a 23.4 22.00 1.92 ...34.0... ....27.00... ....1.88.... 8.5 34.50* 1.84a 12.8 32.33 1.56 . . . . 4 . 3 . . . ....43.50.*.. 48.00a 6.4 1.10 a 100.0 A l l groups: 1940 28.53 b b 1939 b b 1938 Computation based on fewer than 6 cases. ° Data not available. 1.71 b b Gross payment as a percent of income 20.9a 20.7 18.4 20.5 16.1 15*3 a 19.0 b b 19.0* 14.8 14.5 15.2* 12.4 9.1* 13.5 b b 122 FEDERAL HOUSING ADMINISTRATION CHICAGO METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930* Number I n central city Outside central city. Metropolitan district Increase a Percent 3.396.808 1.102,318 3.376.438 998.104 20.370 104,214 0.6 10.4 M99.126 *.37*.5*2 124.584 2.8 1930, estimated by F H A 1940 For sale or rent N o t for sale or Percent rent Number Number 842.578 237.&20 107.149 50,189 12.7 a.i 2.077 l.*77 37.758 5.837 3.8 2.0 989.562 294,923 1.237.336 ! 1.079.998 157.338 14.6 3.55* *3.595 3.* 1,284,485 9*9.727 287.609 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes 15.071 1935^0 90.303.864 Amount Number 84,478,544 17.063 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages 7 $6,105,000 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks . . * • • • . • • . . . A l l others 7 1.369 Number Garage and car capacity Total 26.0 1 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . , 10,000 or more 100.0 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . 10,000 or more A l l groups: 1940 1939 20.6 *1.2 10.5 100.0 0.6 6.2 .20.7. 23.9 27.7 ..9.6. n.3 New homes Average FHA value of property Average FHA value of land Land as a percent of property value $*69 13.1 .11.7 12.0 12.8 - S " $5 . . . 8 . 6 3 9 . . ..1.263., 13.270 2.252 IS 6.938 7.17* 7.373 $ 2.638 3.513 ...H,397. m ...8.612., 13.369 .14.6 17.0 949 13.7 14.1 1*.3 1.010 1.052 $710 7*0 ...884., 1.095 l.*23 .2.039., 3.7*0 26.9 a.i .20.1 20.4 a.3 .23.7 28.0 6,606 1.507 6,478 1.529 6.739 1.632 Bot«: A glossary of teras used, i s included i n the Appendix, district. All homes 30.0 9.0 ....61.1... ....37.1 16.7 10.* 9.3 1*.8 5.0... 2.8 1.0... .6 1.* 2.* U Total 100.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 3.3 3.* 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms... rooms or more Existing homes 26.2 3.0 *2.5 ....25.7.... ....3^.0 5.6 23.3 100.0 Total 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution 1.7 a.o .27.3.. 15.7 19.6 ..6.5.. 8.0 100.0 Average gross monthly payment $27.09 32-90 52.32 ..63.92.. 87.36 46.47 48.67 49.43 $28.50 1.2 1*.7 32.35 .23.8.. 15.7 *7.52 22.4 . . 8 . 8 . . ...57.66.. 13.* 79.58 100.0 Ratio of property value to income 3.22 2.88 .2.64.. 2.42 2.24 .2.10.. 1.81 2.33 2.27 2.18 3.27 2.60 .2.32. < 2.14 1.96 .1.81.. 1.51 Gross payment as a percent of income 24.2 22.2 .20.8 19.8 18.6 .17.* i*.7 18.8 18.5 17.8 25.6 21.8 ...19.9 18.3 16.8 ...15.5 12.6 16.5 1.9* *6.79 16.5 1.88 47.41 15.9 1.75 50.68 Estimated f o r 1930 by the FHA. on the basis of the boundaries of the 1940 aetropolitaa 22.8 1 Existing homes 5*.o 50 or less 39.1 57.* Total 2.2 ,.13.7. .11.8. 6.3 Pr°Perty 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 100.0 New homes Wood Brick Stucco Other *9.32*.585 Percent distribution 1- to 4family homes Percent distribution 1-family homes 47.4 27.9 22.7 2.0 Percent distribution " 100.0 of Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 6.6 Amount of mortgage as a percent of F H A valuation homes 22.9 2*. 7 18.1 20.7 ....14.7... ....10.5 27.3 35.1 5.3 7.8 *0.6 3.6 6.1 ^jj Existing homes 123.3*0 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes Amount 27.69* $ 9.*i*.777 20.*80 8.773.255 ....*.6§0., ...2.174,75* 1*.769 5.937.670 9.296**88 21.832 . . . 3 3 . 9 1 5 . ...13.727.6*1 1934-40 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . < 3-car garage 1934-35 1936 193 7 1938 1939 1940 17*.782. *08 32.13* 100.0 Total Table 7.—Capacity of garage, 1940 Year Amount Table 5—Type of originating mortgagee, 1940 Table 4.—Rental projects Mortgages: Number. Amount Projects: Number Dwelling units Number A l l homes 849 184 $1,289,900 665 $ 3.059.750 $ *.3*9»650 1,008 6.193.660 2,463 3.*71 11.336.015 17.529.675 . . . 1 , 2 8 9 . . . ...8.648,704.., . . .2,424.. ..11,735.829... . . . 3 . 7 1 3 . . ...20,38*.533 2.727 3.029 16,491,050 15. WO, 200 31.931.250 *.027 7.866 23.898.650 19.089,600 £2.988.250 ...5.836.. ..33.7sl.900.. ,..23.817.150.. . . . 1 0 . 4 7 9 . . ...57.599.050 1935 1936 193 7 1938 1939 1 1940...i Total 1935-40 Property improvement notes- Existing homes Amount Number Total Percent of total A l l groups: 1940 1939 1938 HOMES IN METROPOLITAN DISTRICTS 123 DECATUR METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city. .. Outside central city , Metropolitan district 59.305 6.459 57.510 5.357 1.795 1,102 65.764 62,867 2,897 Percent 1940 2O!6 17.301 1,710 4.6 19,011 ! 1 For sale or rent Increase 1930, estimated by F H A Not for sale or rent Percent Number 15.395 1,301 1,906 409 12.4 31.4 16,696 2,315 13.9.1 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Number 34 35 231 57 1.3 3-2 17.566 1,802 69 288 1.5 19.368 Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number 1935 1936 1937. 1938 1939 1940. Amount 135 Number Amount 44,400 187,000 31 122 9>+... 46 66 $ 101,550 402,750 256,500 132,500 231,400 34 139 .....101... 53 103 $ 118,550 486,500 287.200 176,900 418.400 490,000 658,450 4i6 1,319.100 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number. Dwelling units National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others Table 7—Capacity of garage, 1940 Total 34.0 31.0 32.8 New homes: $2,999 or lgss 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9 999 10,000 or more A l l groups: 1940 1939 1938 Kote: l: 2 of 86 81 76 71 61 51 50 to to to to to to or Pr°Perty 90 85 80 75 70 60 less 100.0 Existing homes Wood Brick 100.0 Total Average FHA value of property $ 2,800 Average FHA value of land a 5.334 6,623 11,792® 100.0 5.492 b b 9.9 38.0 ...16.9.. 19.7 12.7 ....1.4.. 1.4 $2,589 3.397 4,381.. 5,248 6,533 100.0 4,4o4 10,000a b b Land as a percent of property value $ JC0 a 10.7 a 13.3 482..., 10.8 11.8 632 15.4 1,023 ...l,04l...H ....12.3 13. l a 1,550 * 699 b b $657 644 813.... 1,102 1,493 850 a . . . 2,000 a 894 b b 12.7 b b 25.V 19.0 18.6 21.0 22.9 10.6 a 20.0 a 20.3 b b 1.4 .7 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Existing homes 5.7 73.2 14.1 7.1 5.6 100.0 100.0 87.3 7.0 Other All homes 29.2 6.2 ...•57.8... ...•38.2 19.7 11.1 14.1 9.7 57.5 12.3 • • 19.2 2.8 5.5 Total New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 39.4 ' 7.0 28.2 49.3 ....23.9.... ....29.6 14.1 8.5 100.0 Total 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Percent distribution Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $20.88 20.8 2.89 12.3 29.85 21.2 2.69 30.8 ,...23.1.. ....53.13... ....2.28..., ....17.9 43.88 19.5 12.3 2.39 53.00 19.1 13.8 2.31 63.OOV . . . . 1 . 8 3 % . , . . . . l 6 , 8 a ....3.1.. 76.00 a M 10.7 a l.39a 100.0 37.58 b b 2.26 b b 18.0 b b 4.4 $ 20.00 a 2.65 a 19.9a 32.8 26.95 2.20 18.9 ,...32.8.. ....31.00... ....1.96..., ....16.7 12.0 1.72 15.8 1.60 12.0 15.9 ....3.0.., 43.50^ 1 . 3 8 * . . . . .11.8 a 58.00a 11.6a 3.0 1.29a A l l groups: 1940 1939 1938 A glossary of terms used is included in the Appendix. ® Computation based on fewer than 6 cases. 463560 0 - 42 - 9 New homes Number of rooms New homes 100.0 1.4 29.5 ...25.4.. 9.9 l4.l 1.3 - 100.0 1,103,257 Percent distribution 1- to 4family homes Percent distribution l-family homes 19.4 66.0 ...12.5 2.1 Percent distribution 30.8 10.6 24.5 Amount of mortgage as a percent of F H A valuation Exterior material Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property 2.767 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes . ^ homes 2.3 $ 282,^15 158.365 ....33,736 15MU8 222,489 •••252,204 Table 6.—Mortgage as a percent of value, 1940 Existing homes 100.0 638 ^33 ..70. 318 563 .71*5.. 1,977.550 New homes ...26.0... ....37.7... 11.6 9.2 26.1 22.1 Total N o garage 1-car garage 2-car garage . , 3-car garage 1 Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages None Garage and car capacity 551 1934-35 193G 1937. 1938 1939 194a Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 A l l homes Amount & 1935-40 Number $ 17.000 83,750 3 17 7.... 7 Property improvement notes Existing homes New homes Total Percent of total 100.0 32.84 b b Data not available. 1.85 b b 16.14 b b FEDERAL HOUSING ADMINISTRATION 124 FORTWORTHMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 a Number I n central city.. Outside central city..... Metropolitan district Percent 1930, • estimated by FHA 1940 Increase For sale or rent Not for sale or Percent rent Number Number 105,087 57.479 104,969 39.763 118 17.716 0.1 44.6 30,467 15.387 26,494 9.321 3.973 6,066 15.0 65.1 51 78 752 303 2.4 1.9 31.270 15.768 162,566 144,732 17,834 | 12.3 45.854 35.815 10,039 28.0 129 1,055 2.2 47.038 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year Number Amount 14 81 58.... 85 114 ,....67.... 1938 1939 j 1935-40 419 Number $ 63,300 312,200 273,800... 410,700 563.500 I 1,972,200 Amount $ 59.150 190,250 146,100... 221,800 310,500 17 48 37.... 51 61 1,113,300 252 Stion U 207 r or 210 of Title I I Mortgages: Number. Amount Projects: Number Dwelling units New homes nating mortgages Table 7—Capacity of garage, 1940 Total 100.0 Wood Brick Other Percent distribution ...18.6... 1 46.7 26.7 100.0 Average FHA value of property Average FHA value of land 86 81 76 71 61 to to to to to 90 85 80 75 70 Percent distribution 1- to 4family homes New homes [...11.5 623 5.437 ! H.5 840 6,426 | 13.1 ...9.750J... ...1,200*.. .,^...12.3° 1,700* 14.2* 11.950* 6,025 5,821 5.760 12.3 13.3 13.5 741 774 777 $ 600* 16.7 b 6.9 $ 3,583* ..14.0... I . . . 12.8 575 ; 13.8 5.204 717 27.9 14.9 982 32.6 6.589 . . 1 4 . 0 . . . . . . 8 , 5 8 3 . . . . , . . . 1 . 5 2 5 . . . . , ^...17.8 1,600* 15.6 * 4.6 10,250° a Existing homes All homes 62.7 39-8 9.3 13.3 . . . . 1 8 . 7 . . . ....76.7... ...39.0 4.2 1.3 9.3 2.7 9-3 4.7... Is 50 or less 100.0 New homes Existing homes 94.7 5.3 72.1 20.9 2.3 4.7 100.0 Land as a percent of property value 1,791.702 Total 100.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms - Total 100.0 All groups: 1940 100.0 6,150 929 1939 6.587 1,122 1938 6,242 1,060 Note: A glossary of terms used is included in the Appendix. based on fewer than 6 cases. All homes Amount of mortgage as a percent of FHA valuation of property Exterior material 19.5 67.8 11.9 .8 5.2*19 1,026 Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property 100.0 .1.550., $ 249.Mo 337.797 ...110,525 27^.758 331.386 . . .487,826 Table 6.—Mortgage as a percent of value, 1940 Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Existing homes 699 862 ...293819 1934-35 1936 1937 1938 1939 1940 . . . . 3,085,500 671 2.0 National banks 5.7 4.7 State banks 2.6 Savings and loan assns..... . . . . 1 7 . 6 . . . r . . . l 4 . 5 . . . . . . . 1 6 . 6 65.2 Mortgage companies 50.6 55.7 12.0 Insurance companies 17.1 15.3 Savings b a n k s • • • • • • . • • • . . All others 8.8 5-7 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Amount $ 122,450 31 502,450 129 , . . . . 419,900 95.... 632.5OO 136 874,000 175 of i n s t i t u t i o n one Garage and car capacity Number Percent distribution of amount of 1- to 4-family home mortgages Mortgages in All homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes 1935 1936 Total Percent of total 100.0 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 37.3 49.3 14.0 39-5 2.7 20.9 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 2.8 $ 25.00* 24.5* 3-47* 28.2 24.2 34.35 3.O5 . . . . 4 0 . 9 . . ...37.31 . . . . . . . 2 . 5 0 . . . . ...20.1 19.5* 7-0 2.30* 42.60* 15.6 11.3 42.13 2.8.. ...63.00*... . . . . 2 . 2 6 * . . . ...18.7* 10.2* 77.20* 7.0 1.23* 100.0 40.72 39.42 39.54 2.21 2.26 2.19 17.9 18.3 18.0 $ 24.00* 3.66* 24.1* 4.9 32.08 2.87 22.4 31.7 ....17.0.. ...39.43.... ....2.60 . . . ...20.0 2.22* 44.20* 19.6* 12.2 2.08 48.89 16.9 22.0 7.3.. ...58.00* . . , . . . 1 . 8 9 * . . . ,...16.0* 1.14* 60.50* 9.4* 4.9 15.1 All groups: 1940 100.0 17.0 1939 17.0 1938 Based on the metropolitan d i s t r i c t as established in 2.21 17.8 41.39 2.07 46.08 17.4 1.80 45.00 15.7 the I93O Census. * Computation HOMES IN METROPOLITAN DISTRICTS 125 NASHVILLE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase [ Area 1940 1930 Number I n central city.... Outside central city Metropolitan district Occupied 84.637 20,622 85,864 17,340 105,259 103,204 1 jPercent -1,227 3,282 Vacant, 1940 1 1940 Increase 1930, estimated by F H A For sale or rent Not for sale or Percent ; rent Number -1.4 18.9 2U.825 5,599 22,140 4,280 2,685 1.319 1 12.1 30.8 | 26 Uo 256 132 1.0 2.3 25.107 5.771 2.0 30,424 26,420 1 U.004 1 15.2 i 66 388 1.3 30,878 2,055 ; Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes 1935 1936 1937.. 1938 1939 1940. $ 28,750 141,750 ...137,300. 350,100 752,700 .1,162,600. 5 28 ..31.. 79 146 .247.. 2,573,200 $ 100,100 386,850 ...337,200., 331.500 468,900 ...506,500.. 29 113 ..90., S3 120 .134., i 569 " " o r 210 of Title I I Type of institution origin a t m g mort a es S g National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings b a n k s . . . .. . . . . A l l others Mortgages: Number Amount Projects: Number Dwelling units Total Newhomes New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . , 10,000 or more A l l groups: 1940 1939 1938 Note; 28.0 56.6 lU.6 .8 2.4 ..20.5.. 42.3 31.6 ..2.4.. U.6 U.l 1.5... 39.3 21.6 1.7 l.l 7 15.9 57.9 3.6 3.2 1.3 32.0 32.9 28.9 22.7 27.0 100.0 100.0 100.0 Wood Brick 85.O 12.6 74.8 lU.U Other 2.U .7 100.0 100.0 Total Average FHA value of property 5 6.5i3 8,625.. 12,125 R $ 2,250a 0.7 3.528 23.0 . 3 6 . 7 . . . . . . . 4 , 3 2 3 .. 5.337 24.5 6.750 10.8 a . . 2 . 9 . . . ...8,188 . 10,250® 1.4 4,831 5,285 5.590 Average FHA value of land 9.8 .11.3 11.0 11.6 .12.4 16.1 64i a 11.4 729 12.0 659 12.1 $ 300 a 594 ....735.. 868 1,133 .l,088a. l,875a 13.3® 16.1 .17.0 16.3 16.8 •l3.3a 18.3® 16.6 14.8 16.2 801 783 904 * $ 115,4U8 130,616 U9.C18 142,312 197,328 282,168 916,890 3.109 of Pr°Perty Percent distribution 1- to 4family homes Newhomes 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Existing homes 60.6 16.2 4.3 Total 100.0 All homes 38.2 10.2 ....63.S... 15.4 9.4 6.2 2.7 1.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes New homes 4 rooms or less 5 rooms 26.5 53.0 17.8... 2.7 7 rooms or more Total 100.0 Existing homes U8.9 33.8 13.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Land as a percent of property value $ 350 ...508., 596 745 .1,067.. 1.950" 451 1«SV.. 420 664 i n;>K... Number of rooms Existing homes 5,624 6,069 5,424 100.0 ^yj homes New homes 100.0 Percent distribution ! Amount of mortgage as a percent of F H A valuation Exterior material A glossary of terms used is included in the Appendix. 1934-40 Amount Table 6.—Mortgage as a percent of value, 1940 Existing homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 4.704,250 L j 1 ' I Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Total 1934-35 1936 1 037. 1938 1939 icwy Table 8 — Material of construction, 1940 Table 7.—Capacity of garage, 1940 No garage 1-car garage 2-car garage 3-car garage $ 128,850 528,600 |. 47^,500 I 681,600 j 1,221,600 I..1,669,100 Percent distribution of amount of 1- to 4-family home mortgages c Garage and car capacity l4i .121.. 162 266 •381.. 1,105 ! 2.131,050 Mortgages T Number Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Year Amount Amount Total Percent of total Number Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . , 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more A l l groups: 1940 1939 1938 Computation based on fewer than 6 cases. Percent distribution 5.2 38.8 .27.2. 16.4 9.6 ..2.4.. .4 Average gross monthly payment $27.15 33.29 ...33.71.. 38.37 43.75 ...54.50.. 70.00* Ratio of property value to income 3.24 3.01 ,2.UU... 2.27 2.06 1.95* • • .42* 2.50 2.29 2.41 100.0 35.58 39.^5 35.72 6.5 $ 23.88 26.94 3.08 2.38 •2.04.. 36.13 39.42 ....37.20 • >•0.33* 1.84 .1.U4*. .78* 38.2 .26.8.. . . . • 3 0 . 7 9 - • 6.5 .It 2.4 3:8 36.98 2.08 1.97 2.02 2.15 23.4 22.5 18.3 17.2 16.0 15.5 3.7 126 FEDERAL HOUSING ADMINISTRATION SPRINGFIELD, ILLINOIS METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 Increase 1930, estimated by F H A Number For sale or rent N o t for sale or Percent rent Number 75.503 13.981 71.864 10.503 3.639 3.*78 5.1 33.1 21,595 3,75* 18,7*5 2.539 2,850 1.215 15-2 *7.9 26 6 *33 77 2.0 2.0 22,05* 3.837 89.*8* 82,367 7.117 8.6 25.3*9 21,28* 4,065 19.1 32 510 2.0 25.891 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes Year Number Amount • 17.700 87,4oo ..207,800.. 445,800 807.800 ..927,300.. 1 10 $36,100 32 133.*50 .51...j 188,900., 29 86,700 29 j 108,900 .19.......103,100. 2.493,800 170 4 25 ..52. 90 163 .201.. 1935 1936 1937.. 1938 1939 1940.. 535 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units New homes 55.2 A l l others 100.0 Percent distribution all 1- to 4-family homes Hi Other .9 A l l groups: 1940 1939 Percent distribution Average FHA value of land Land as a percent of property value 0.4 $ 2,780* $ 400* 415 ...498... 641 883. .1.660*.. 2.033 14.4* 10.9 .11.4 11.7 5.380 678 12.6 $ 3.583 * ..4,167.. $657* ...729... 820* 1.375. • 2,583*' 3.150* 18.3* .29-8.. ...4,360.. 35.1 5.457 18.7 6.479v . . 2 , 2 . . . ...9.005®. 2.7 12.092 25.0 •12.5" 16.7 100.0 5.700* 7,096 b 13 . ' I S * a 7.1*0 1,524 l o t e : k glossary of t e n s used I s Included i n the Appendix. c Data not available. 112,051 130,0*7 2.33* 7*5.*90 Amount of mortgage as a percent of F H A valuation of 4.3 2.7 7-2 31.5 54.3 86 81 76 71 61 to to to to to Pr0Perty Percent distribution 1- to 4family homes New homes 90 85 80 75 70 100.0 .18.4* 16.8 14!?* 19.4 • 29.5* 22.8* 21.3 Existing homes 85.8 11. .4 1.8 All homes T U ....75.0... ....11.7 12.5 1.6 8.3 2.4 .4 4.2... - Total 100.0» 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms 100.0 Total Average FHA value of property 12.5 . 25.0. • 8.3 328 *39 50 or less 91.6 7.1 Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more ^ - 100.0* New homes 100.0 100.0 1938 1939 194 0 Table 6.—-Mortgage as a percent of value, 1940 Exterior material 35.8 58.2 6.0 11.1 $138,706 102,593 Percent distribution 1-family homes 3-car garage New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 428 305 1934-40 homes 22.0 ....26.5... 4.6 46.9 Amount 1934-35 1936 Table 8 — Material of construction, 1940 Table 7.—Capacity of garage, 1940 F H A valuation of property 3.150,950 Existing homes - Total Total 705 916,700 .1,030,1*00 Percent distribution of amount of 1- to 4-family home mortgages *.8 .4 National banks State banks Savings and loan assns Mortgage companies Insurance companies N o garage 1-car garage $ 53.800 220,850 ...396,700 532.500 657.150 Type of institution originating mortgages Vone Garage and car capacity 14 57 .103.. 119 192 .220., Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Total Percent of total Existing homes 66.7 20.8 4.2 New homes 4 rooms or less 5 rooms 44.9 44.5 7 rooms or more 100.0« 1.3 Total 100.0 Existing homes 8.3 *l-7 16.7 33-3 100.0a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment 6.8 35.9 • g s ....30.0.. ...•3*.9l... 10.5 l*.l 44.58 1.8.. 75.25* 50.50* .9 100.0 3 * . 78 c c 22.7 $27.00* *«5" 31.80* 22.7 *5«33* 13.7 I . . . 22.7.. . . . 7 * . o o * . . 73.67* 13.7 100.0 a *8.59 c c * Distribution based on fewer than 26 cases. Ratio of property value to income Gross payment as a percent of income 2.99 -73 2.46... 2.10 2.03 2.31®.. 1.48* 22.4 20.9 19.0 16.5 16.1 20.1 * 11.0* 2.39 c c 18.6 c c 2 20.2* ....23.5? 1.62* 1.95 J 2.09*.. 1.60* 16.0* 19.2* 11.2* 1.92 c c 15.9 c c * Computation based on fewer than 6 cases. 127 HOMES IN METROPOLITAN DISTRICTS DETROIT METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 a Number I n central city Outside central city Metropolitan district Percent 1930* estimated by F H A 1940 Increase For sale or rent Percent N o t for sale or rent Number Percent of total 1,623,452 672.415 1,568,662 548,919 54.790 123.496 3.5 22.5 425.536 169.110 370,293 125.926 llliSi 14.9 34.3 656 2.901 15.294 4,521 3.5 2.6 441,486 176,532 2,295.867 2,117,581 178,286 8.4 594,646 j 496,219 98,427 19.8 3.557 19.815 3.2 618,018 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Existing homes New homes Number Number Amount Amount A l l homes Number year Number Amount $5,520,000 407 $2,283,050 1,170 $3,236,950 763 20,006,030 2.533 3.816 14,528,540 5.477.490 1.283 . . . 2 , 9 7 4 . . . . . 1 6 . 1 4 9 , 6 5 0 . . . . . 1 , 2 4 4 . . . , . . . 5 , 6 2 1 , 4 5 0 . . , . . . 4 , 2 1 8 . . , ..21,771.100 43,700,450 8,728 "$5,029,800 1.935 8,670,650 56.928.820 11.995 2.651 10,559.000 9!345 46,369,820 . . 1 2 , 5 0 2 . . . . • 5 7 . 9 8 7 . 8 5 0 . . . . . 2 , 0 0 5 . . . . . . . 8 , 3 7 0 , 1 5 0 . . . . 1 4 , 5 0 7 . . . ..66,358,000 1935 1936 193 7 1938 1939 1940 1935-40 Mortgages: Number. Amount Projects: Number.. Dwelling units 9.881 172,348,710 34,553 41,935.690 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages 7 462 Wood Brick Stucco . . . . . . . . . . . . . . . . Other 100.0 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more A l l groups: 1940 0.4 9.1 .30.2. 32.1 24.6 ..2.5. •9 100.0 2.4 23-9 .25.9. 18.1 18.4 ,..6.0. 5.3 100.0 Average FHA value of property Average FHA value of land Land as a percent of property value $2,783 3,630 ...4,447.. 5.438 6,433 ...8,638.. 12,138 $346 364 ....434.. 536 701 ..1,157.. 1,811 12.4 10.0 ..9.8 9.9 10.9 .13.4 14.9 5.355 5.780 6,027 $2,670 3.496 ...4,357.. 5.409 6,670 ...8,745.. 12,695 5.434 5.276 5.939 10.4 ll.l New homes 100.0 Total $435 494 ...581.. 719 905 .1,331. 2,187 23.8 64.3 1.... 11.8 41.7 50.3 ....3.8 4.2 100.0 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 14.2 15.6 16.3 A l l groups: 1940 1939 1938 16.3 14.1 .13.3 13.3 13.6 772 823 969 & All homes 100.0 100.0 Percent distribution l - f a m i l y homes New homes 4 5 6 7 Existing homes 30.0 2.9 51.7 31-7 ....16.1.... ....38.9 2.2 26.5 rooms or less rooms rooms rooms or more 100.0 Total 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 ,.15.2 17-2 12.0 726 Existing homes Table 9.—Size of home, 1940 Existing homes A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more & Note: A glossary of terns used i s included i n the Appendix, district. Percent distribution 1- to 4family homes Number of rooms 100.0 Total 37,568,080 76.6 65.6 11.5 13.4 . . . . 6 . 0 . . . . ...64.6..., ...14.2 4.0 15.2 2.1 14.8 1.5 3-5 .9 3... ....3.8..., 1.6 .1 •3 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 New homes 81.2 6.1 12.1 .6 Percent distribution Amount of mortgage as a percent of F H A valuation of property Exterior material Table 10.—Averages by property value groups for l-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more All homes 100.0 104,574 Percent distribution l - f a m i l y homes Percent distribution all 1- to 4-family homes F H A valuation of property Existing homes $ 5.868.685 21.965 16.395 5.845.794 . . . 4 , 2 4 0 . . . ...1.851.519 15.098 5,870,603 20,422 * 7,977.128 , . . 2 6 , 4 5 4 . . ..10,154,351 1934-40 Table 8—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Total New homes Amount Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages 100.0 Total No garage 1-car garage 2-car garage • • • • • • • . . . . • 3-car garage 214,284.400 13.6 13.8 National banks 12.7 24.0 24.4 State banks 21.3 Savings and loan assns. . . . . . . . 7 . 4 . . . . . . . 9 . 2 . . . . . . . . 7 . 7 36.1 36.4 Mortgage companies 34.1 Insurance companies 13.4 12.3 13.3 ....4.2...J 4.9 .4 A l l others .4 .7 10 $ 1,864,900 Garage and car capacity 44,434 1934-35 1936 1937 1938 1939 1940 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Total Number Percent but/ion Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $26.60 3.0 2.75 29.9 32.71 2.57 ...35.3... ...39.33.." ...2.38 2.16 12.5 43.13 14.0 47.89 1.93 3.1.. ...55.27.... ...1.63 2.2 66.21 1.30 23.4 22.6 ...21.2 19.3 17.5 ...15.0 11.8 2.21 2.19 2.12 19.6 19.5 19.1 100.0 39.74 42.97 45.06 2.52 23.8 2.8 $26.77 2.24 21.1 31.50 21.7 ...27.3.. ....36.38..., ...2.05...., ...19.6 41.20 18.5 1.91 14.5 17.4 18.5 47.63 1.83 , . . . 6 0 . 2 7 . . . . . . 1 6.1 . . . 1 . 6 9 . . . . 6.9.. 80.06 13.0 1.36 8.9 100.0 43.37 42.84 49.06 1.83 1.75 1.67 17.5 17.0 16.5 Estimated for 1930 by the FfiA on the basis of the boundaries of the 1940 metropolitan FEDERAL HOUSING ADMINISTRATION 128 FLINT METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 1 Area 1940 1930 Number I n central city Outside central citv 151.543 37.011 Metropolitan district 188.554 1 Percent 1930, 1 estimated by F H A 1940 For sale or rent Increase Number Not for sale or Percent rent Total Number Percent of total 156.492 23,447 -4.949 13.564 -3.2 57.8 40.574 9,265 37,683 5.515 2.891 3.750 7.7 68.0 103 56 1,062 257 2.5 2.7 41.739 9.578 179.939 8,615 ! 4.8 49,839 43,198 6,641 ! 15.4 159 1.319 2.6 51.317 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-fainily homes Property improvement notes Existing homes Amount 8 49 1935 1936 1937 1938 1939 194 0 1935-40 80 139 •355" $ 37.050 235.950 ...261,400.. 391.700 625,400 .1,516,400.. 687 3.067.900 Mortgages: Number Amount Projects: Number Dwelling units 1.208 1 3.597.610 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies 1 $ 570,000 New homes 0.3 66.9 6.9... 21.4 3.7 1 A l l others .8 Total Total 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . . 10,000 or more Wood Brick Stucco Other A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more A l l groups: 1940 1939 1938 Not*: 100.0 11.8 37-6 .21.5. 15.1 9-7 ..1.1. 3.2 100.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Average FHA value of property Average FHA value of land Land as a percent of property value $ 2,650a 3.569 ..4,433... 5.398 6.529 ..8,625... 11,625 s $ 300 a 340 ...400... 564 742 .1,879... l,650a 4,958 5.318 6,262 521 578 707 10.5 $2,736 3.361 ..4,340... 5.277 6,800 ..9,000 s , 12,900 s $455 537 643.. 839 872 s 16.6 16.0 ...1,200 a. 2.583 701 602 667 11.3a 9-5 ..9.0 10.4 11.4 .21.8 s 14.2 10.9 11.3 .14.8 15.9 12.8 .I3«3a 20.0s 15.6 16.0 Existing homes All homes 100.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 75.3 5-4 1.4 6.4 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 36.8 4.3 41.6 36.6 ....18.8..., ....28.0 2.8 31.1 Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 4,487 3.765 16.5 4,036 A glossary of terms used i s included i n the Appendix. • Computation based on fewer than 6 cases. New homes 70.4 55.4 18.0 14.1 7.7... ,...54.0... ...17.5 6.1 21.0 1.9 5.0 17.0 1.7 ,....7.0... ....1.5 1.0 .4 •3 Total 100.0 Percent distribution 1- to 4family homes Number of rooms 82.5 15.8 Total 100.0 0.6 21.3 .33.7. 24.7 17.2 .7 - New homes 54.5 31.4 13. k •7 Percent distribution All homes Amount of mortgage as a percent of F H A valuation of property Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Table 6.—Mortgage as a percent of value, 1940 0.6 1.9 90.7 71.3 1.2... ^....5.8 18.5 5.7 •5 3-1 100.0 $ 671,022 745.742 ...129,230 430,799 852,916 .1,070,875 3,900,584 12,620 6.665.510 1.895 Existing homes 2,312 2.951 ...56O., 1,238 2,314 .3.245., Percent distribution 1-family homes Percent distribution all 1- to 4-family homes 3-car garage 1,216,100 Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 No garage 1-car garage 1934-35 1936 1937 . . . . 1938 1939 1940 . . . . ..1,810,400 Percent distribution of amount of 1- to 4-family home mortgages l6S Garage and car capacity $ 404,050 1,464,500 ....791.060 979,400 137 447 .231.., 290 350 .440... Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 $ 367.OOO 1,228,550 ...529,660., 587.700 590.700 ...294,000. 129 398 .175" 210 211 ..85-, Percent distribution 7.0 34.7 ..29.2. 13.0 12.8 ...2.2. 1.1 100.0 4.4 37.8 ..23.3. 7.8 14.4 ...5.6. 6.7 100.0 Average monthly payment $ 25.16 29.57 ..36.17. 37.34 45.48 ..53.75V 74.75 35-28 38.29 46.81 $ 23.00 s 25.68 ...32.62... 34.86 36.00 ,. .48.20*., 83.OO 34.46 29.91 32.29 Ratio of property value to income 2.76 2.45 .2.31... 1.97 1.91 .1.66... 1.62 s 2.19 2.16 1.90 Gross payment as a percent of income 22.6 20.7 .19.6 16.8 16.7 .15.1 14.5 a 18.7 18.7 17.1 2.42 a 2.04 .1.92... 20.6s 18.1 .17.7 15.5 1.46 .l.52a.. 1.18 .12.9s 1.68 1.67 1.63 1.60 12.0 15.3 15.7 14.8 129 HOMES IN METROPOLITAN DISTRICTS GRAND RAPIDS DISTRICT METROPOLITAN Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1930, estimated by F H A 1940 164,292 45,581 168,592 38,562 -4,300 7,019 -2.6 18.2 47.549 11,684 209.873 207,154 2.719 1.3 59,233 ! For sale or rent Increase Not for sale or rent Percent Number Total Percent of total Number 43,441 9,166 4,108 2,518 9.5 27.5 152 94 1.485 267 3.0 2.2 49,186 12,045 52,607 6,626 12.6 246 1.752 2.9 61.231 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes Amount 1935 1936 1937. 1938 1939 1940-• 2 10 ..Ul., 176 .288.. $ 8,1*00 53.500 ...194,500. 459,600 868,500 .1,370,700.. 607 2,955.200 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling $ 71.650 236,720 ..176,400., 385,200 318,600 • • 2*40,800. • 384 1,429.370 Type of institution originating mortgages National banks State banks Savings and loan assns . . . . Mortgage companies Insurance companies Savings banks A l l others Hone Total Total New homes 9.0 13.3 2.1 56.C New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1938 Note: 50 or less 19.6 1.6 16.5 100.0 100.0 100.0 Wood Brick Other Total Average FHA value of land Land as a percent of property value 5.40-j 6,504 ...8,646.. 11,500 • $ 200 » 402 ...489... 632 752 ...954... 1,000 a 6.9® 11.2 .10.9 11.7 11.6 .11.0 8.7® 5.459 5.781 6,350 622 686 774 11.4 11.9 12.2 Average FHA value of property $ 2,900 a ...2:212.. $ 500 ft 5.0 *2, 555 23.7 ....633... . >3.7... J....4,34a 697 18.8 5,365 1.013 a 5.0 ! 6,625 a . . 3 . 8 . . . I. ..8,875ft. . . 1 , 0 6 7 * . f r 4.526 5.407 5.601 655 798 894 19.8a . f t ! 13.0 15.3a .12.0a 14.5 14.8 16.C $ 253,921 23U, 506' , 57,811 411,812 503.740 •413,194 5.574 1.874.984 to to to to to 90 85 80 75 70 Percent distribution 1- to 4family homes New homes Existing homes 69.1 17.3 ....IO.3.., .7 2.6 72.9-.. 18.8 5.9 100.0 54.4 13.5 -•Vr 5.X 1.2 .2 100. c 100. c - Total All homes Table 9 — Size of home, 1940 Percent distribution 1-family homes Number of rooms 84.3 12.77. A glossary of terms used i s included i n the Appendix. ki.e Existing homes New homes 100.0 0.3 10.^ .22.8.. 34.4 27.4 ..4.4.. 1.7 53.5 86 81 76 71 61 9.8 I8.5 13.6 43.2 Amount of mortgage as a percent of F H A valuation of property Exterior material 15.3 65.8 18.1 .8 Percent distribution All homes Existing homes 713 ...181.. 1.043 1,488 .1,300.. Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 4.384,570 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage 1,187,100 .1,611,500 Table 8—Material of construction, 1940 Table 7—Capacity of garage, 1940 Garage and car capacity 1934-35 1936 193 7 1938 1939 194 0 $ 80,050 290,220 ...370,900 844,800 25 81 .-85. 186 256 .358. Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 23 71 .44.. 96 2.3 82.5 10.0 5.0 2.5 100.0 100.0 H 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 20.1 42.1 1.3 37.5 Xk 30.0 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 a . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 * Computation based on fewer than 6 cases. Percent distribution 7.2 25.2 •33.7. 9.7 17.6 ..3,8. 2.8 100.0 8.9 24.4 ..24.4. 19.2 14.1 ..6.4. 2.6 100.0 Average gross monthly payment $ 25.71 30.85 ...^6.18.. 41.32 46.37 ...57.09 50.38 37.55 4O.85 46.65 $23.14 30.11 ...30.74.. 34.73 37.09 . . . 4 l . 8 0 a61.50a 33.06 llll Ratio of property value to income 2.90 2.67 .2.39-. 2.26 2.01 l.U 2.24 Gross payment as a percent of income 23.2 21.2 .19.5 18.7 17.3 •15.5 10.3 18.5 2.16 2.06 18.2 18.2 2.4R 2.34 .1.93.. 1.85 1.49 ..1.34 a. 1.42 a .16.2 15. S 13.5 , .12.0 a 13.4 a 1.84 1.88 1.64 20.4 20.8 16.1 16.8 15.1 FEDERAL HOUSING ADMINISTRATION 130 KALAMAZOO METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930, estimated by F H A Number Not for sale or rent Percent Percent of total 54.097 23,116 54,786 17,953 -689 5.163 -1.3 28.8 14,866 6,250 13.833 4.559 1.033 I.69I 7-5 37.1 67 39 500 132 3-2 2.1 15.433 6,421 77,213 72,739 4,474 6.2 21,116 18,392 2,724 I 14.8 106 632 2.9 21,854 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes 1938 1939 1935-40 23 57 107,300 238,800 14 40 L....3 8 5 253 1,171,620 79 Table 4.—Rental projects Total 1935-40 Mortgages: Number Amount Projects: Number Dwelling units Number $ 15.500 98,820 3 15 A l l homes Amount Number Amount $ 61,900 181,810 .....22,250.... 44,500 17,800 17 55 $ 77.400 280,630 31 62 151,800 256,600 332 1,520.080 348,460 Type of institution originating mortgages None Existing homes All homes National banks State banks 20.2 36.2 20.8 Mortgage companies Insurance companies 1.8 22.7 63.8 1.8 24.3 7.1 100.0 Table 7—Capacity of garage, 1940 t £ y t Exterior material homes 22.4 55*3 Wood Brick Other 3-car garage Total 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 • • . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . 10,000 or more A l l groups: 1940 1939 Hot*: Percent distribution 7.6 .43.5. 28.8 15.3 ..3.0. 1.8 Average FHA value of land Land as a percent of property value $ 3.677 ..4,466... 5.423 6.567 ..8.735?. 10,833® $327 ...397.. 466 585 .1,040*. 1.367* 8.9 ..8.9 5,241 12.5 $ 2,750^ 3.713? ..4,542*. 5.625* 25.0 100.0 New homes Existing homes 4,381 8.6 .11.9* 12.6* 476 9.1 $ 400* 400* ,....767*., 650 * 14.5* 10.8* 11.6* 600 A glossary of terms used i s included in the Appendix. not available. - - - 100.0 100.0® 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Existing homes 86.5 87-5 12.5 " 100.0a New homes 4 rooms or less 5 rooms 31.2 34.7 7 rooms or more 7.0 Total 100.0 Existing homes 12.5 12.5 25.O 100.0a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 11.5 $ 27.21 24.0 3.09 30.6j 36.4 21.2 2.66 ....23.O.. >...34.34... ,...2.26.... ...18.5 39.ll 17.5 11.5 2.10 46.84 16.7. 11.5 1*95. 2.4.. l...51.75*.. ...1.47*..., ••.I3.5 61.00 10.0 3-7 1.20 100.0 2.19 35-55 c c 17.9 Q 25.0 2.20* $ 25.50* 18?6* ...25.0.., ...33.50*... ...1.88*.... ...16.5* 25.0 ...12.5... 12.5 100.0a 37.00* 25.OO 44.00 32.63 c c ... 1.38* 13.5? .89*.... . . . . 7 . 1 * 1.11 10.2 12.9 c c Distribution based on fewer than 26 cases. * Computation based on fever than 6 cases, 13.7 a AH homes 78.8 74.9 9.4 8.9 ...10.6..., ...88.9... ...14.5 11.1 .6 1.1 .6 .6 Total New homes 100.0 Average FHA value of property 100.0 .37.5. 25.0 F H A valuation of property Number of rooms 3.5 Total Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property Percent distribution 1- to 4family homes Amount of mortgage Percent distribution l - f a m i l y homes 0 1.216.192 3.656 Table 8—Material of construction, 1940 Percent distri- $139,477 208.870 ....47.866 255.332 260,289 ...304,358 741 .893. 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 6.8 - 100.0a 524 669 Table 6.—Mortgage as a percent of value, 1940 New homes Total N o garage 1-car garage 1934-35 1936 1937 1938 1939 1940.... Qcn Percent distribution of amount of 1- to 4-family home mortgages A l l others b ill Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity Property improvement notes Existing homes Amount Number 1935 1936 Total Number 1.45 c c 131 HOMES IN METROPOLITAN DISTRICTS LANSING METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930, estimated by F H A Number N o t for sale or Percent rent 78,753 31.603 78.397 20,297 356 11,306 0.5 55.7 22.483 .8.750 20,150 5.190 2,333 3.560 11.6 68.6 55 152 736 384 3-2 4.1 23.27* 9,286 110,356 98,694 11,662 11.8 31.233 25,340 5.893 23.3 207 1,120 3.* 32.560 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes New homes 4 28 .40.. k8 77 .75.. 1935 1936 1937. 1938 1939 1940.. Number Amount Number Amount $23,850 151,750 ..224,300. 283,200 404.100 ..316,100., 36 .11.. 44 22 .13.. $63,150 163.550 ...53,350159.100 110,400 ...48,000., 19 64 .51.. 92 99 .88.. $87,000 315.300 ..277.650 442,300 514,500 ..364,100 1.403,300 l4l *13 2,000,850 nating mortgages New homes National banks State banks 1 $525,000 4.5 39-2 Mortgage companies Insurance companies Savings banks A l l others 1 47.6 8.7 - 162 Total Total Wood Brick Stucco . . . . . . . . . . . . . . . . Other 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1938 Average FHA value of property 29.1 $3.*19 ...4,389.. •27.9. 20.9 18.6 ..3.5. ...8,492 ^ 4,889 5.0 .25.0. 50.0 15.0 100.0 a $3,750* . . . 4 , 4 0 0 b. Average FHA value of land $318 449... 590 9.3 .10.2 11.0 10.6 .12.4* 511 10.5 $350 " .550 °.. 9-3J ...12.5* 12.1* 6.333 * •.•8,500 *• •1,250*.. 5,401 658 Note: A glossary of t e n s used I s Included I n the Appendix. c Lata not available. Land as a percent of property value 716 h ...1,050^. 90.7 7-0 2-3 100.0 Total ...14.7* Existing homes 83-7 10.5 ..5.S.. .95.0. All homes 67.9 8.5 .22.7 5.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 90.0 5.0 5.0 New homes 4 5 6 7 Existing homes 15.0 *7.7 15.0 31.4 . . . 3 5.0 ....16.3.... 4.6 35.0 rooms or less rooms rooms rooms or more 100.0a 100.0 Total 100.0a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 a 2.025,586 Number of rooms New homes 46.2 4 5.7 8.1 Percent distribution - - 100.0a 86 to 90 81 to 85 76 to 8 0 . . 71 to 75 61 to 70 51 to 6 0 . . 50 or less Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 43.4 8.9 25.6 10.0 5.989 New homes Percent distribution 1-family homes Percent distribution all 1- to 4-family homes N o garage 1-car garage 2-car garage . . . . . . . . . . . . 3-car garage All homes 6.8 40.9 16.1 48.3 $304,544 301,75* ...101,952 251.752 492,710 ...572.874 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property Table 8—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Garage and car capacity 100.0 Existing homes 947 983 ...259. 710 1,397 .1,693. Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number... Amount Projects: Number Dwelling units 597.550 1934-35 1936 193 7 1938 1939 1940.... Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Total Percent of total Number Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 24.00 * 21.8 b 2.60* 5.8 42.4 28.56 20.5 2.43 ..21.2.... ...36.44...J ...19.9 "*2!l4 7.1 39.50 17.9 1.91 17.6 *5-67v ,...4.7... ...50.25*... ...1.62*.... ...13.9* b 1.2 64.oo 1.59* 13.9* 100.0 5.0 35.19 2.16 g g $28.00* 3.08* 18.6 g 25.9* ,..35.0... ...35.86 . . . . . . 2 . 2 1 . . . . . . . 1 9 . 0 . 1.86* 20.0 15.9? 15.0* 25.O 1.64* ...10.0... ....48.00*.. ....1.36*... ...12.3* 11.1* 5.0 61,00* 1.29* S3 100.0a D i s t r i b u t i o n based on fewer than 26 cases. 39.40 c c 1.78 c c 15.6 c c * Computation based on fewer than 6 cases. FEDERAL HOUSING ADMINISTRATION 132 SAGINAW-BAY CITY METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number n central city )utside central city 128,070 16.577 130,750 22,638 Percent 2,680 6,061 1930, I estimated by F H A 1940 2.1 36.6 35.194 5.768 i For sale or rent Increase N o t for sale or Percent rent Number 31.170 3,714 4,024 2,054 12.9 55.3 34,884 6,078 17.4 Total Percent of total Number 87 48 963 555 2.7 8.7 36,244 6,371 135 1,518 3.6 42,615 1 153,388 Metropolitan district | 144,647 6.0 8,741 40,962 J Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I | Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes ; Year New homes Number Existing homes Amount Amount Number A l l homes Number J Year Number Amount $ 60,900 $ 18,450 22 3 25 i $ 79,350 117,400 170.250 287,650 80 22 58 1+4... . L . . . . 1 6 4 , 4 0 0 . . . . . 1 7 . . . . L....79,700.... L....27.... L....84,700.... 125,600 134,800 62 260,400 2 37 1 5 162,550 109,900 ! 272,450 27 63 65,550.... p . . . . 9 4 . . . ......435,900 1935 1936 1938 1939 1935^0 ! 883,250 179 Mortgages: Number Amount Projects: Number Dwelling units 616.900 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages Existing homes 24.8 20.9 26.3 52.7 ..4.6.. National banks State banks Savings and loan assns. • Mortgage companies Insurance companies Savings banks A l l others None 19.0 3^.5 All homes 25.O n 16.4 32.0 16.4 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 G,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 86 81 76 71 61 Wood Brick Stucco. Other A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 G,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1.1 25.0 30.7 ..5.7. 4.6 100.0 Average FHA value of property $ 2,300* 3.547 ...4,388.. 5.430 6,587 ...8,900*. b ll,563 5.825 $ 3,630* 26.3 .26.3.. . . . 4 , 4 0 0 * . 5.300* 26.3 6,825* 21.1 4.945 Average FHA value of land 100.0 $100* ! 4.3* 308 8.7 ....374..4....8.5 515 ; 9.5 709 ; 10.8 ....810*.. • . . . . 9 . 1 * 1,525* 13.2* 582 $ 380* . . . 5 0 0 * 4 . . . 11.4* 630* 11.9* 1,413* 20.7° Percent distribution 1- to 4family homes New homes 100.0 a Existing homes All homes 100.0a 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 68.4 10.5 21.1 New homes .4 5 6 7 100.0a rooms or less rooms rooms rooms or more Existing homes 21.1 34.1 21.1 37.5 ....19.3.... ....31.5 26.3 9.1 Total 100.0 100.0a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more Average gross monthly payment Percent distribution 10.5 $ 24.78 32.22 ..39.32 41.33 50.83 ,57.80 79.50 20.9 .25.6. 14.0 20.9 ..5.8. 2.3 Ratio of property value to income 2.76 2.69 .2.57... 2.21 2.11 .1.73?.. 1.47* Gross payment as a percent of income 22.6 20.5 .21.1 18.7 18.5. .15.6* 11.2* J_ A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 695 Note: A glossary o f terms used i s Included I n the Appendix. C Data not a v a i l a b l e . Land as a percent of property value 1.309.319 Number of rooms 71.6 25.0 1.1.... 2.3 Total 1 3.915 44.9 54.5 14.8 12.1 ....20.5... ....73.7... ....29.9 5.7 5.6 5-3 3.4 10.5 4.7 9 1.1... 10.5 1.9 to 90 to 85 to 80 to 75 to 70 Total New homes 100.0 6.8 .26.1., ! Amount of mortgage as a percent of F H A valuation of property Exterior material 44.9 40.2 l4.o Percent distribution 154,964 347.516 50 or less Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 444 908 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Total 1938 1939 Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 No garage 1-car garage 2-car g a r a g e . . . . . . • • . • • . 3-car garage $ 185,003 185.234 Table 6.—Mortgage as a percent of value, 1940 Total Garage and car capacity 676 638 1934-40 Percent distribution of amount of 1- to 4-family home mortgages New homes 1934-35 1936 1,500,150 368 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 1 I89 Amount 100.0 41.01 2.26 19.0 ..21.1. $ 20.00* 2.65b 29.71 2.32 ..34.5O*.2.10*. 18.2° 19.9V .17.8* 21.1 ..15.8. 42.75?? ..46.33* 1.74* ..1.50*.. 15.9? ,.13.0* 35-58 1.92 16.6 5.2 36.8 D i s t r i b u t i o n based on fewer than 26 cases. * Computation based on fewer than 6 cases. HOMES I N METROPOLITAN DISTRICTS 133 MADISON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city. Outside central city _ Metropolitan district Percent U 1940 67.447 10,902 57.899 6,451 9.5 8 4.451 16.5 69.O 19,216 2,868 78,349 64,350 13,999 21.8 22,084 j For sale or rent Increase 1930, estimated by F H A Not for sale or Percent rent Number 15.053 1.563 4,163 1,305 27.7 83.5 16,616 5,468 | 32.9 Total Number Percent of total 108 91 643 113 3.2 3.7 19.967 3.072 199 756 3-3 23.039 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes Amount Amount 1935 1936 1937. 1938 1939 1940. $ 216,250 532,341 ...321,45c., 268,90c 275,150 ...4l4,000.. 37 91 .54.. 47 54 .78.. Mortgages: Number „ Amount Projects: Number Dwelling Mortgages insured under Section 207 or 210 of Title I I National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others 1 77 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 2,172 Existing homes All homes 88.5 78.0 87.4 22.0 5.1 Wood Brick Stucco Other .4 Percent distribution 32.0 30.0 $3,646 . . . 4 ,,521. 5 5,468 6,784 ..8,422. 12,525 21.8 26.1 •13.0. 8.7 100.0*® Percent distribution 1- to 4family homes Existing homes New homes 86 to 90 81 to 85 43.8 24.6 71 to 75 61 to 70 51 to 60 50 or less 6,038 b b * 3.625 c ..4,417. 5.300 e 6,229 .-8,667c 10,375° 6,120 b b Average FHA value of land 16.7 4.1 10.6 • •9.7 9.6 10.7 .12.5 15.6 $ 386 ...438. 525 726 .1,05c. 1.957 648 b b $ 250 c ....642.. 900 c 950 •1.333 1,850 10.7 b b 6?9 C ..14.5 c 17.0 17.sc 15.6 b 957 b b included i n the Appendix, a 6.6 2.2 - 100.0 a 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms 100.0 Land as a percent of property value All homes 39.2 22.0 5.4 2.C 1.5.. Total 100.0 Existing homes 82.7 8.9 2.0.. 6.4 Total Average FHA value of property .26.1. a New homes 100.0 100.0 - 100.0 Amount of mortgage as a percent of F H A valuation of property Exterior material 7.1 ••7.4. 3.5 7.5 " 100.0 875.304 Table 6.—Mortgage as a percent of value, 1940 New homes 3.2 $ 167,827 149,814 ...50,593 120,273 157,442 ••229.355 388 351 .127. 288 384 .634. Percent distribution 1-family homes 17.6 74.9 Note: A glossary of terms used it on fewer than 6 cases. 3.033.391 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 559 1934-35 1936 1937.... 1938 1939 1940.... Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total $ 341,450 784,741 ...592,050 438,500 387,800 ...Ugg,850 62 8.3... Total Table 7.—Capacity of garage, 1940 No garage 1-car garage 2-car garage . . . . . . . . . . . < 3-car garage 1,005,300 Type of institution originating mortgages 1 $ 333.000 Garage and car capacity 112,650 74,850. 142 .103.. 79 78 ..95.. Table 5.—Type of originating mortgagee, 1940 Table 4 — Rental projects Total 1935-40 $ 125,200 252,400 ...270,600. 169,600 198 2.028,091 361 25 51 ..49... 3f 24 ..17... 60.9 13.0 8.7 17.4 4 rooms or less 5 rooms 7 rooms or more 100.0a New homes Existing homes 41.9 30.0 . . . .21.7... 6.4 S3 21.7 100.0 100.0a Total 4.4 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499...'. 2,500 to 2,999 3,000 to 3^999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income $ 27.10 5.1 33-52 26.4 38,89... ...31.0... 46.96 12.2 53.37 19.3 1....3.0.., ....67.83.., 92.00 3.C 100.0 A l l groups: 1940 1939 1938 D i s t r i b u t i o n based on fewer then 26 cases. 24.5 3.07 22.9 2.30 20.9 2.51... 2.46 21.3 19.4 2.13 2.10... ....19.3 14.1 1.57 2.37 b b 43.15 b b 18.2 j ...31.8.., 4.5 27.3 ....4.5.. .... 13.7 Gross payment as a percent of income 2.4a 20.3 b b c .42.., ...•rJiC . . . . . 22.04® 100.0a c 47.00 51.67 76 0 0 c 64.00c 2.17 c 2 69 . J l!46c 47.09 b b 2.10 b b ^ Data not a v a i l a b l e . c 21.5 c 22.6 20.9C 20.0 13.0 c 19.1 b b Computation based FEDERAL HOUSING ADMINISTRATION 134 MILWAUKEE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 a Number Percent 1930, estimated by F H A 1940 , 587.472 202,864 578,249 165,165 9,223 37.699 1.6 22.8 164,319 51.340 Metropolitan district 790,336 743,414 46,922 6.3 215,659 I n central city Outside central city Increase a 1 For sale or rent N o t for sale or Percent rent Number Number 143.369 38,234 20,950 13,106 14.6 34.3 306 559 5,244 1.315 3.1 2.5 169,869 53.214 181,603 34,056 18.8 865 6,559 2.9 223.08^ Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages en 1- to 4-family homes Year New homes Number 1935 1936 193 7 1938 1939 174 434 322.., 551 1 758 17,630,424 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I 1,362 6,836,075 Type of institution originating mortgages $ 351,700 3 83 New homes 18.7 39.0 6.1... 26.7 9.0 100.0 Wood Brick Stucco Other 100.0 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3.000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 2.5 .27.8.. 31.7 .St. 4.3 Average FHA value of property $ ?*7 5 3 ...4,489. 5.425 6,707 ...8,801. 12.345 6,026 6,356 6,767 6.473 6,509 6,324 Average FHA value of land $484 ...559.. 620 779 .1,115.. 2,200 12.9 .12.5 11.4 11.6 .12.7 17.8 12.4 12.9 13.7 749 820 930 $ 843 ..-950.. 1.034 1.356 .1,433.• 2,711 23.1 .21.0 19.4 20.0 •16.5 22.2 20.0 1.293 1.431 1,428 Hote: A glossary of tsras used is included i n the Appendix, based on fever than 6 cases. Land as a percent of property value 22.0 22.6 a 7,473.781 S J 6 .' 1 24.1 86 81 76 71 61 to to to to to Percent distribution 1- to 4family homes New homes 90 85 80 75 70 Existing homes 49.2 18.9 18.6... 6.8 5.4 50 or less .1 Total " 100.0 14.7 10.3 All homes 4l.O 15.8 ...27.4 8.1 " 6.2 1.3 .2 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Number of rooms 67.1 20.2 Total 3.6 * 3.643 . 20.6... ...4,517.. 29.4 5.334 26.8 6,778 .10.3... ...8,679.. 9.3 12.196 100.0 3 100.0 New homes Table 10.—Averages by property value groups for l-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10;000 or more 20.1 Exterior material 32.9 49.8 16.9 .4 Percent distribution Amount of mortgage as a percent of F H A valuation of property Percent distribution l - f a m i l y homes Percent distribution all 1- to 4-family homes F H A valuation of property $ 1,148,660 1,290,805 ....336,246 922,811 1.597,090 ..2,178,169 Table 6.—Mortgage as a percent of value, 1940 .2 100.0 2,988 3,049 ...7U8. 2,080 3,680 .4,881. 17.426 All homes 27.2 32.2 5.8... ill? 22.4 Amount 24,466,499 4,632 Existing homes Number 1934-35 1936 1937.... 1938 1939 1940.... Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 Total Amount $ 1,644,150 |96 681 3,778,949 580... ....3,195.000 4,401,700 830 5,182,200 1,007 6 pfi4 Rnn . . 1 238 .2 Total No garage 1-car garage 2-car garage 3-car garage Number Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks. A l l others 3 Garage and car capacity Amount A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number $ 1.035,900 122 $ 608,250 2,550,124 247 1,228,825 1,871,400., . . . . 2 5 8 . . . , . . . 1 , 3 2 3 , 6 0 0 . . , 3,041,300 1.360,400 279 3.923.700 1,258,500 249 . . . . 5 , 2 0 8 , 0 0 0 . . . . . . 2 0 7 . . . . . . . 1 , 0 5 6 500 3.270 1935-40 Property improvement notes Existing homes Amount Total Percent of total Existing homes 57.2 27.8 12.5 6.7 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more 42.3 29.2 22.1... 6.4 Total 100.0 Existing homes 4.1 29.4 39.2 27.3 1Q0.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Percent distribution 2.7 29.3 .31.4... 14.3 4.3 l.l 11.8 .27.8... 15.0 23.5 . 8.0... 12.8 100.0 Average gross monthly payment Ratio of property value to income $ 27.62 33.96 ...39.72-. 47.13 56.25 ...68,49.. 86.51 44.35 46.76 49.67 $ 29.00b 34.41 ...40.10.. 48.86 54.32 ...55.73.. 89.75 51.59 51.60 50.13 Based on metropolitan d i s t r i c t as established in the I93O Census. 3.05 2.68 •2.4s.., 2.33 2.19 .2.00.., Gross payment as a percent of income 23-9 22.7 .21.5 20.9 20.2 1.60 .18.5 14.8 2.32 2.31 2.29 20.5 20.3 20.3 2.81 * 2.52 .2.31.. 2.20 2.09 .1.58.. 1.30 24.3 b 23.1 .21.7 21.7 19.7 .15.1 12.8 1.87 1.38 17.9 17.9 1.S8 17.8 Computation based HOMES IN METROPOLITAN DISTRICTS 135 RACINE - KENOSHA METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city... Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930, estimated by F H A Number 115.960 19.115 117.804 15.659 -1,844 3.*56 -1.6 22.1 31.271 4,649 28,874 3,460 2.397 1.189 135.075 133.*63 1,612 1.2 35.920 32.33* 3.586 N o t for sale or Percent rent 11.1 Number 55 92 893 136 2.8 2.8 32.219 *.S77 1*7 1.029 2.8 37.096 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year New homes Number 1935 1936 1937 1938 1939 1940 18 46 ,....27.... 40 103 ,...152.... 1935-40 386 Total 1935-40 57 126 ,...109.... 205,800 478,300 55 40 40.... 1.779.500 Amount A l l homes Number $226,550 75 506,900 172 ....403,600... ,...136 208,200 95 163,700 1*3 1.647,250 427 Year Number Amount 1934-35 1936 1937 1938 1939 194 0 $311,750 716,600 . . . .516 300 4i4,ooo 642,000 National banks State banks Savings and loan assns. Mortgage companies Insurance companies Savings banks A l l others None New homes Existing homes All homes 37.8 16.9 .17.8. 88.8 ..5.1. 46.5 15.1 .15.6 6.1 Garage and car capacity Total 17-3 14I3 71 to 75 61 to 70 10.2 8.5 50 or less New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Note: Average FHA value of property 1.9 $ 3.375 a ,...39.9.. ,....4,520.. 32-3 5.293 6,687 21.5 ,....3.8.. ....8,563.. 17,500 a .6 100.0 5,*50 5,858 6,611 $2,813® 5.3 28.9 3,*27 ,...28.9.. ,....4,470.. 21.1 5,306 13.2 6,730® 100.0 4,66l 5,388 5.327 Average FHA value of land 3,000 a Land as a percent of property value 11-3® ...10.1 10.1 11.1 ••.12.2 17-1® 580 671 828 10.6 11.5 12.5 16.9® $475® 14.5 498 . . . 1 6.2 723... 14.6 775 12.8 ® 860 a . ...3.300 a.. ...38.8® 7*1 1,121 1,104 A glossary o f terms used i s included i n the Appendix. New homes 15.9 20.8 20.7 a Existing homes All homes 100.0 100.0 100.0 Percent distribution 1-family homes Number of rooms New homes 100.0 Percent distribution Percent distribution 1- to 4family homes Percent distribution 1-family homes Wood Brick Stucco. . . . . . . . . . . . . . . . . Other 1,301.458 Table 9.—Size of home, 1940 Exterior material 42.8 46.3 10-9 192,151 230,381 323.970 32.8 *1«5 20.9 26.4 ,...lg.3... ...45.2... 23.9 12.4 23.8 9.* 21.4 7.5 3.8 6... ,....7.2... ,....2.0 2.4 •5 Total Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 3,104 86 to 90 81 to 85 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage • • • . . • • • • • . 3-car garage • Amount of mortgage as a percent of F H A valuation of property Total Table 7—Capacity of garage, 1940 $239,033 252.352 571 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages Amount 544 579 145.. 426 519 1934-40 3,426,750 813 Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Number $ 85.200 209,700 Table 4.—Rental projects Property improvement notes Existing homes Amount Total Percent of total 78-5 18.4 Existing homes 73-7 21.0 1.8 5.3 100.0 100.0 New homes 4 rooms or less 5 rooms 56.3 23.4 7 rooms or more Total Existing homes 10.5 36.9 2.6 23.7 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Percent distribution Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 3.24 a 25.6 a $29.67® 1.9 2.65 23.1 41.1 33-97 ....21.6 31.7.. . . . . 3 9 . 6 4 . . . ,...2.47 12.0 44.05 2.20 19-9 8.9 52.64 2.11 19.1 1 . 9 . . . . . . 6 4 . 6 7 ®a. . , . . . 1 . 9 5 ® . . . , . . . 1 8 . 4 a 80.00 1.49® 14.5 a 2.5 100.0 40.30 *3.65 51.44 2.36 2.16 1.99 21.0 19.3 18.6 2.6 $ 26.00 a 26.0a 2.81 a 29.23 20.4 34.2 2.27 . . . . 2 8 . 9 . . ....32.82... , . . . 1 . 9 4 . . . . ....17.S 37-50® 17.4a 1.89® 10.5 45.20 a 15.6® 1.61 a 13.2 a a 5 * 3 . . . . . . 6 2 . 0 0 a . . , . . . 1 . 4 2 a. . . . . . . 1 7 . 3 ® 6 0 . 5 0 14.0® 1 . 5 6 5.3 A l l groups: 1940 1939 1938 Computation based on fewer than 6 cases. 100.0 36.53 44.76 39.59 1.87 1.7* 1.75 17.6 16.9 15-5 143 F E D E R A L H O U S I N G ADMINISTRATION 1940 METROPOLITAN DISTRICTS IN THE EAST SOUTH CENTRAL DIVISION CINCINNATI HUNTINGTON LOUISVILLE EVANSVILLE A' r > v r\ \ J / O .J / NASHVILLE / KNOXVILLE s < / r MEMPHIS CHATTANOOGA 4 - f J BIRMINGHAM \ COLUMBUS MONTGOMERY I ) m k • AREA OF METROPOLITAN DISTRICTS WITH AN AGGREGATE POPULATION OF 5 0 , 0 0 0 IN THE CENTRAL CITIES EAST SOUTH CENTRAL GEOGRAPHIC D I V I S I O N Kentucky, Tennessee, Mississippi, and Alabama comprise the East South Central Geographic Division. The total population of the Division is 10,778,225 persons, or 8.2 percent of the total United States population. Of these, 5,505,276 are nonfarm, including 2,218,287 inside metropolitan districts. P o p u l a t i o n i n 1940 East South C e n t r a l Division Percent of U n i t e d States Total Nonfarm. . .. M e t r o p o l i t a n districts P o p u l a t i o n d e n s i t y per square m i l e 10, 778, 225 5, 505, 276 2, 218, 287 60.0 United States Percent 8.2 Percent 100.0 100. 0 51.1 20.6 100.0 77.1 47.8 44.5 There are nine metropolitan districts located principally or entirely w i t h i n the Division; but the population of that portion of the metropolitan districts located inside the boundaries of the D i v i ion constitutes only 20.6 percent of the total population. This is the smallest share for the metropolitan districts of any geographic division except one, the Mountain Division, i n which the metropolitan districts account for but 18.6 percent of the total Division population. The East South Central Division and the metropolitan districts i t contains are shown on the map on the opposite page. The East South Central Division is unique among the nine geographic divisions i n that approximately one-half of its population, 51.1 percent, resides w i t h i n the metropolitan districts and the smaller cities and towns, while the other half lives on farms. This contrasts sharply w i t h the 77.1 percent of the Nation's nonfarm population. No other geographic division has so large a percentage of its population of a f a r m character. O f the nonfarm population, only 40.3 percent resides w i t h i n metropolitan districts as compared w i t h 62.0 percent w i t h i n the Nation as a whole. Only i n the Mountain Division do the metropolitan districts represent a smaller proportion of the nonf a r m population, 25.3 percent. This Division possesses 6.0 percent of the land area of the United States and 8.2 percent of the population. Therefore, its population density is greater than that of the Nation as a whole, 60.0, as compared w i t h 44.3 persons per square mile. Economic characteristics. Agriculture pro- vides the principal source of private income i n the East South Central Geographic Division, more than one-fifth of the Division total. Manufacturing, trade, and the service occupations follow i n importance. Source of income varies f o r the metropolitan districts. Some are industrial i n nature. Others are p r i m a r i l y distributing and t r a d i n g centers. The principal economic functions of each are indicated i n the following observations. The metropolitan district of Birmingham, Alabama, is one of the major iron and steel producing centers of the United States. Great coal fields nearby provide a cheap bountiful source of heat for smelting and manufacturing. Another prominent industry is the manufacture of cement. The semifinished and finished manufactures of the district include t i n and railway equipment. Mobile is also an industrial metropolitan district, numbering among its manufactured products ships, copper wire and cables, cordage, k r a f t paper, and cotton textiles. The district is a cotton market and cotton shipping port of considerable importance. Montgomery is the capital of the State and has many persons employed by the State and Federal governments. I t s manufactures, i n contrast to Birmingham and Mobile, are of the light variety, and include cotton textiles, paper boxes, baskets and casks, rough and finished lumber, and fertilizer. The only metropolitan district located entirely or mainly w i t h i n the State of Kentucky is Louisville. I t s major products are distilled and malt liquors, tobacco products, clothing, wood products, railroad repair, and plumbing fixtures. The single metropolitan district i n Mississippi, Jackson, is the capital of the State. A l t h o u g h government is the primary activity, i t is also a distributing and t r a d i n g center f o r the central part of the State. Manufactures include cotton seed oil and fertilizer. There are four metropolitan districts contained principally w i t h i n the State of Tennessee. Chattanooga is p r i m a r i l y a distributing and trading center without a dominant industry. I t is a collection and shipping center for the truck and f r u i t growing region around it. The Knoxville Metropolitan District has a large commerce i n rough and finished hardwood lumber. Manufactures include cotton textiles, clothing, and marble finish137 138 FEDERAL H O U S I N G ing. Memphis is a major inland cotton market, and the largest southern hardwood lumber market center. Manufactures include cottonseed products, mixed feeds, drugs, and chemicals. Nashville is the capital of Tennessee. Government accounts for considerable employment. W o r k clothing, rayon, cellophane, and fertilizer are manufactured i n Nashville. F H A activity. There were 545,233 occupied dwelling units of all types enumerated by the 1940 Census inside the nine metropolitan districts located mainly w i t h i n the East South Central Geographic Division, of which F H A mortgage acceptances on 18,184 small homes accounted for 3.3 percent through December 31, 1940. This share for the F H A was closely comparable to the average of 3.2 percent w i t h i n the 140 metropolitan districts of the United States. Notable variations i n F H A activity exist among the metropolitan districts of this D i v i sion. For example, small home mortgage acceptances by the F H A i n the Jackson Metropolitan District were equivalent to 8.5 percent of the occupied dwelling units enumerated there. I n the Birmingham Metropolitan District they amounted to only 2.0 percent. I n the Memphis Metropolitan District F H A ' s share was 4.1 percent, and in the Louisville Metropolitan District i t was 2.8 percent. Between 1930 and 1940 there was an addition of 93,297 occupied dwelling units of all types w i t h i n the nine metropolitan districts of the East ADMINISTRATION South Central Division. Of these, 13.9 percent, or 12,958 new, small homes represented mortgage acceptances by the F H A . This was a somewhat larger share for the F H A than the average of 13.1 percent of the dwelling unit addition i n the 140 metropolitan districts of the United States. F H A activity has been maintained at a h i g h level in each of the metropolitan districts of this Division. A c t i v i t y was relatively greatest i n the Jackson Metropolitan District where mortgage acceptances by the F H A on new, small homes accounted for 23.3 percent of the dwelling u n i t additions. The Montgomery Metropolitan Dist r i c t followed w i t h F H A ' s share at 15.8 percent, the Louisville Metropolitan District w i t h 14.7 percent, the Knoxville Metropolitan District w i t h 14.2 percent, and the Memphis Metropolitan District w i t h 14.1 percent. I n the Mobile Metropolitan District, however, only 10.5 percent of the dwelling units added were represented by F H A mortgage acceptances on new, small homes. Individual metropolitan districts. There are presented on the following pages, data of the F H A and the Bureau of the Census f o r each of the nine metropolitan districts located principally or entirely w i t h i n the East South Central Geographic Division. Before proceeding to them, however, the reader may desire to refer to the beginning of this section f o r a review of some of the analytical uses which the data may serve. A n explanation of the terms used i n the tables appears i n the Appendix Glossary. Population, Occupied Dwelling Units, and F H A Activity in East South Central Metropolitan Districts Occupied dwelling units enumerated i n the 1940 Census Metropolitan district Estimated increase 1930-40 Population i n 194C Number in 1940 Number Louisville, K y . » Chattanooga, Tenn. Knoxville, T e n n M e m p h i s , Tenn. a Nashville, Tenn. B i r m i n g h a m , Ala. b Mobile, Ala. b Montgomery, Ala. Jackson, Miss Division total 434,408 193, 215 151,829. 332,477 241, 769 407, 851114,906 93, 697 88,003. c 140 district total 2,058,155 62, 965, 773 120,299 48, 790 37,894 91, 401 63, 578 106, 534 29, 681 24, 737 22,319. 16,979 8,939 7,413. 17, 655 13,019 ...11,3366,105 5, 021 . 6,833- Percentage increase, 1940 over 1930 16.4 22.4 . 24.3. 23.9 25.8 . 11.9 25.9 25.5 44.1- 1- to 4-family home mortgages accepted for F H A insurance, 1935-40 On all homes Number 3, 412 1,467 1,413. 3, 727 2, 215 2,103 969 976 1,902 On new homes As a % of all occupied dwellings i n 1940 2.8 3.0 3. 7 4.1 3.5 2.0 3.3 3.9 8 5 Number As a % of the 1930-40 increase i n dwellings 2, 489 981 1,053 2, 494 1,575 1, 339 642 794 1 591 14.7 11.0 14, 2 14.1 12.1 11 8 10.5 15.8 23.3 545, 233 93, 297 20.6 18,184 3.3 12, 958 13.9 17, 220, 831 2, 744, 341 19.0 546, 842 3.2 358,587 13.1 »b Occupied dwelling u n i t data for 1930 were estimated on the basis of the boundaries of the metropolitan district as established i n the 1930 Census. Occupied dwelling u n i t data for 1930 were estimated on a basis approximating the boundaries of the metropolitan district as established i n the 1940 Census. c Each column total is based upon the summation of the figures of the metropolitan districts i n their entirety, including minor district parts which spill over into adjacent geographic divisions. 139 HOMES IN METROPOLITAN DISTRICTS LOUISVILLE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1930® 1940 Number I n central city Outside central city Metropolitan district. Increase a Percent 1940 1930, estimated by F H A Number For sale or rent Not for sale or Percent rent Number 319.077 115.331 w U.332 18,680 3.7 19.3 89.961 30,338 80,079 23.2^1 9.882 7.097 12.3 30.5 200 390 **.039 1.098 M 3.5 94.200 31.826 434.408 4O4,396 30.012 7.* 120,299 103.320 16.979 16.4 590 5.137 k.i 126.026 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes New homes Year Amount Number Number $ 219.800 35 782.539 137 ... ..251.... ...1,298,400.. 481 2.4£9,500 752 3.570,950 . . . . . 8 3 3 . . . ...3,489,650.. 1935 1936 193 7 1938 1939 1940 2.489 1935-40 Number Amount 923 Number 1934-35 1936 1937 1938 1939 $837,200 156 1,716,564 452... ....2,275,900 638 3.295.500 4,206,150 893 ....3.856.950 806.000 635.200 367,300.. 16.188,264 3.^12 *.337.*25 Year Amount Type of institution originating mortgages National banks 0.5 State banks 9.2 Savings and loan assns ....13.9... Mortgage companies 70.7 Insurance companies 5.2 Savings banks . . . . . . . . . . . . A l l others .5 2 $ 1,130,000 2 Existing homes All homes 2.8 0.7 10.6 ...Ml... ....13.1 68.0 7.2 .4 - 17.775 6,322.991 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes Amount $ 1.151.045 3.523 1.195.536 3.271 725,099 ...1,500.., 2,611 9*1.336 2,990 1.039.39* ,...1,270,581 1934-40 Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling iS 79... L A l l homes $617,400 93^.025 ia 224 11.850,839 Table 4.—Rental projects Total 1935-40 Total Percent of total Percent distribution 1- to 4family homes Amount of mortgage F H A valuation of property New homes 86 to 90 81 to 85 78.5 9.9 71 to 75 61 to 70 51 to 60 50 or less 1.9 2.1 Existing homes All homes 71.0 9.1 1 1.. j 12.2 11.1 5.6..J 2.2 2.9 M .2 305 100.0 Total Total 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more Percent distribution 5.1 J:?. 25.6 16.4 ..2.6. .3 100.0 3.* a.9 .13.8. a.9 23.0 ..8.0. 8.0 Percent distribution 1-family homes Existing homes 41.4 46.8 4... 11.4 Wood Brick Stucco Other 100.0 Total Average FHA value of property Average FHA value of land $2,817 3.490 ...Mil... 5.^58 6.509 ...8,66l... 10.833 * $320 4o4 ...550... 731 4.851 5.595 6,070 $ 2.333* Land as a percent of property value 1.567b 11.4 11.6 .12.5 13.5 12.8 .14.6 14.5* 618 7*7 825 12.7 13.* 13.6 $ 567* 582 24.3b 17.5 .15.9 16.6 17.6 .18.9 a.4 !P .1.261... ...^Ja.. ...702., 5.316 6.590 ...8,743.. 15.3a 884 1.160 .1.651.. 3.286 100.0 Number of rooms New homes 17.* 73.2 Q.O .4 100.0 Table 9.—Size of home, 1940 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 100.0 Total Percent distribution 1-family homes Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage 100.0 Table 8.—Material of construction, 1940 Table 7 — Capacity of garage, 1940 Garage and car capacity 100.0 8.1 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more 35.0 52.0 ....10.4... 2.6 100.0 Total Existing homes 5.8 37.9 ....24.1 32.2 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 2.64 20.5 $23-37 9.* 2.4l 28.56 19.& 31.5 ....29.8.. , . . . 3 3 . a . . . . . . 2 . 1 9 . . . . 17.7 1.95 15.7 35.35 11.9 1.80 15.0 12.9 41.99 3.2.. ,...47.22... ,...1.55.... ....12.9 57.55 9.9 1.19 1.3 100.0 32.98 37.8* 41.49 2.08 2.16 2.17 17.0 17.5 18.0 10.3 2.83 22.0 $ 24.00 2.18 18.7 15.* ....18.4 ....12.8.. ....34.40... 1.97 1.66 13.2 7.7 30.83 25.6 43.05 1.91 15.2 . . . . 1 2.1 9.0.. ....47.71... ,...1.37.... l4.0 19.2 72.73 1.52 18.2 100.0 A l l groups: 1940 42.69 1.75 15.1 1.070 44.84 14. g 18.5 1939 1.68 5.79 * 1.414 18.2 1938 1.80 7.776 51.13 15.1 Sote: A glossary o f t a r s i used I s included i n the Appendix, * Based on the Metropolitan d i s t r i c t as established i n the 1930 Census. b Computation based on fewer than 6 cases. A l l groups: 1940 1939 463560 O - 42 - 10 100.0 6.028 1 1.100 FEDERAL HOUSING ADMINISTRATION 140 CHATTANOOGA METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city .. Metropolitan district Percent 1940 128,163 65,052 119,798 48,791 8.365 16,261 7.0 33.3 33,473 15.317 193.215 168,589 24,626 14.6 48,790 i Increase For sale or rent Number 29,169 10,682 4,304 4,635 14.8 43.4 24 247 880 367 2.6 2.3 34,377 15.931 39,851 8,939 22.4 271 1,247 2.5 50,308 Not for sale or Percent rent Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I New homes Number Table 3—Volume of Title I Notes insured 1935 1936 193 7 1938 1939 1940 981 1935-40 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others 1 New homes 0.9 12.1 100.0 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Wood Brick Stucco Other Total 100.0 A l l groups: 1940 1939 1938 Note: Average FHA value of property 7.8 $2,747 26.6 3.497 . . . 4 4 . 4 . . , . . . 4 289 l4.o 5,292 5.1 6,489 8... . . . 8 , 3 3 3 * . j 12,000* 1.3 100.0 4.347 4,638 4,582 Average FHA value of land $290 365 U91 657 Land as a percent of property value 10.6 10.4 ...11.4 12.4 739 9 1 7b* . . . . 2,580* 11.0* 21.5* 509 631 633 11.7 13.6 13.8 $400* $3,750* 10.7* 60 ...25.0... ...4,250*... ....613*.... ...14.4* 880* 5,240* 16.8* 31.3 1,025* 6,875* 14.9* . . . 8 , 5 0 0 * . . . . . 1 200 * 14.1* 12,250* 6.1* 6.2 750* 100.0a All homes - 1.4 52.0 33.9 - H.5 100.0a 100.0 Amount of mortgage as a percent of F H A valuation of property 5,950 6.336 4,861 14.0 18.2 21.0 831 1,150 1,021 A glossary of terns used I s Included in the Appendix. a 7,274 2,606,209 Percent distribution 1- to 4family homes New homes Existing homes All homes 83.6 g.l 4.8... ...81.3.... 1.4 1.6 6.2 5... ...6.2.... 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 Total 100.0a 80.4 7.7 7.7 1.6 1.8 8 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Exterior material 8.0 82.2 9.8 $280,722 ^29,929 ...109,163 426,1<27 606,788 •••753,180 Table 6.—Mortgage as a percent of value, 1940 1.2 6.9 793 1,158 ...308., 1,155 1,700 •2 l60« 5.719,120 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Percent distribution Existing homes - Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9,999 10,000 or more 1937 . 1938 1939 1940- Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 F H A valuation of property 1,467 8... ....13.0... 52.0 53-7 26.4 34.2 Total Total Amount 111 $375,100 1.096,520 265 249... 933,400 1,006,000 257 868,200 213 372-•• ••1.439.900 Percent distribution of amount of 1- to 4-family home mortgages 10 No garage 1-car garage 2-car garage 3-car garage Number $ 3H,050 720,470 423,800.. 274,500 25,700 1,834,620 Type of institution originating mortgages 1 $36,150 Garage and car capacity Amount A l l homes Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number. Amount Projects: Number Dwelling units 486 3,884,500 Table 4.—Rental projects Total 1935-40 Number $ 64,050 98 176 376,050 509,600... , . . . 1 2 1 . . . . 70 731,500 6 842,500 ,....15.... 13 89 ...128.... 187 207 ,...XR7.... Property improvement notes Existing homes Amount Percent of total Number Mortgages on 1- to 4-family homes Year Total 1930, estimated by F H A Number of rooms New homes Existing homes 55.6 5.4 2.2 36.8 31.2 56.2 6.3 6.3 100.0 100.0a New homes 4 5 6 7 rooms or less rooms rooms rooms or more Total >9 Existing homes 67.7 22.1 4.3 12.5 50.0 375 100.0 100. o a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500'to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution 4.5 25.0 .34.7... 10.5 18.3 ..4.3... 2.7 100.0 6.7 Average gross monthly payment $24.06 27.17 ..30.62. 32.44 35.47 ..41.75. 65.OO 31.94 33.94 33.31 $27.00 1 5 Ratio of property value to income 2.41 2.09 .1.87.... 1.60 1.47 ,.1.26.... 1.27 Gross payment as a percent of income 21.4 18.5 ...16.3 14.4 13.0 ...11.2 11.1 1.71 1.66 1.73 15.1 3-33* 27.0* ,.26~7., ..4l.50b.. .2~26*... ..22.3* 33.3 ..13.3.. 20.0 43.80* ..33.50*.. 76.00* l~6l* ,.1.50*... 1.28* ..86.0* 100.0a 47.13 Distribution based on fewer than 26 eases. 1.61 1.64 1-50 15.6* 13.3* 14.9 15^ 15.2 * Computation based on fewer than 6 cases. HOMES IN METROPOLITAN DISTRICTS 141 KNOXVILLE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 Number I n central city... Outside central city Metropolitan district * 1930 Percent 1940 Increase 1930, estimated by F H A Number For sale or rent Not for sale or Percent rent Number 111,580 40,249 105.802 29.912 5.778 10.337 5.5 34.6 28,618 9.276 24.303 6,178 4.315 3.098 17.8 50.1 38 38 933 257 3-2 2.7 29.589 9.571 151.829 135.714 16,115 11.9 37.894 30,481 7.413 24.3 76 1.190 3.0 39.160 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes New homes Year Number 1935-40 Amount Number • 232.150 400,880 174,600 186,550 114,900 1,181,680 nating mortgages New homes National banks State banks 1 • 500,000 136 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Hot*: • 324.650 953.000 790,870 968.750 1,012,900 IS 309-. . . . . 1 . 2 0 9 . 5 0 0 1.413 14.1 75.2 10.7 Wood Brick Other 100.0 Percent distribution 13.6 30.8 .20.5. 16.2 15.9 ..2.3. .7 100.0 Existing homes 25.0 28.5 7.8 4,685 All homes Amount of mortgage as a percent of F H A valuation of property 86 81 76 71 61 to to to to to Percent distribution 1- to 4. family homes New homes 90 85 80 75 70 79-9 10.2 6.6... ...82.6 1.0 17> 1.7 6... 50 or less 100.0 Average FHA value of land Land as a percent of property value $2,628 3.467 ...4.339. 5.401 6.477 • 274 10.4 10.0 .10.7 10.2 ...8,268. New homes Existing homes 45.0 a. 2 56.5 a.7 33.1 Average FHA value of property 553 678 ...857v 10.5 10.500" 1,000® .10.4 9.5* 4,482 4,762 4,526 463 510 559 10.3 10.7 12.4 21.7 a.7 .17.4. 17.4 13.1 ..8.7. $ 2.500J 3.4701 . . . 4 , 1 8 8 ., 5.125J 6.083J ...8.375 • 600* 800 b .1,175*.. 100.0a 4.4J9 5.009 4.538 622 661 664 16.1 * .14.6 * 11.7 b 13.2b .i4.ob 560 J 14.0 it! a Existing homes All homes 74.5 9.5 ....11.7 0.9 2.8 .6 - 100.0 Total 100.0* 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Number of rooms 100.0 Total 1.758.341 Table 6.—Mortgage as a percent of value, 1940 .5 100.0* • 262,055 313.871 117,418 280.697 $5)676 1934-40 5.259.670 1.4 50.8 4.5 27.9 14.9 38.7 Amount 606 618 220... 807 1,080 1934-35 1936 193 7 1938 1939 90 292 217... Exterior material A glossary of teras used i s included in the Appendix. Number Percent distribution l-family homes Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property Year Amount Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total " 100.0 Total Table 7.—Capacity of garage, 1940 No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage x '2 51.6 4.8... 28.1 14.0 Mortgage companies Insurance companies Savings b a n k s . . . . . . . . . . . . A l l others 1 Garage and car capacity Number Percent distribution of amount of 1- to 4-family home mortgages Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount. Projects: Number Dwelling units Amount A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 360 4,077.990 1.053 Property improvement notes Existing homes • 92,500 68 22 552.120 157 l68... .....616,270... . . . X . . . 782.200 58 199 ZL3 898,000 29 21..., 1935 1936 193 7 1938 1939 194 0 Total Percent of total 8.7 New homes 4 5 6 7 12.6 54.6 43~5 ....22.2.... ....47.8 10.6 8.7 rooms or less rooms rooms rooms or more 100.0* Existing homes 100.0 Total 100.0* Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 D i s t r i b u t i o n based on fever than 26 cases. Percent distribution Average monthly payment 9.0 • 23.26 25.1 2b.88 .27.8.. ...31.70.. 11.4 34.47 20.7 4i.ii ..3.0.. ...58.00., 3.0 56.67 100.0 2.44 2.09 ..1.90... 1.72 1.68 ..1.73... 1.08 Gross payment as a percent of income 22.0 18.7 ...16.9 15.2 14.8 ...16.2 10.2 33.49 1.80 16.1 &S 1.84 1.78 15.9 • 19.00b 4.5 27.00b 22.7 .27.3.. ...29.67... 43.00* 9.1 38.50* 18.2 ..9.1.. ...43.50*.. 70.50b 9.1 100.0» 38.24 36.05 b Ratio of property value to income lml ll 1.94 b ..1.56... 2.06* 1.62* 1.20 . . . . 9 4 bb.. 1.51 1.60 1.48 16.0 17.?b 17.* b ...15.3^ l4.i* .. .11.2* 12.1* " Coaputation based on fewer than 6 W 15.0 14.5 FEDERAL HOUSING ADMINISTRATION 142 MEMPHIS DISTRICT METROPOLITAN Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 a Number I n central city Outside central city Metropolitan district 4 Percent 1940 292.9*2 39.535 253.1*3 22.983 39.799 16,552 15.7 72.0 81.162 10.239 332.*77 276.126 56.351 20.* 9l.*01 | For sale or rent Increase Number 68.265 5.*8l 12.897 *.75S 18.9 86.8 77 *1 2.101 297 2.5 2.8 83.3*0 10.577 73.7*6 17.655 23.9 118 2.398 2.6 93.917 Not for sale or Percent rent Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Number Number Number Amount Amount $101,150 2* 171 520,*50 1*1 *33 895,000.. , . . . . 1 7 0 ,....2*3... 1,9*6.100 255 *63 2,571.800 125 638 79... . . . . 9 8 5 . . . ...3.737.300.. 1935 1936 1937 1938 1939 1940 9.771.800 2»*9* 1935-40 Mortgages: Number Amount Projects: Number Dwelling units $ 668,900 1.598,620 616,800.. 97*.700 *6*,700 311.800.. *.635.520 1.233 Mortgages insured under Section 207 or 210 of Title I I $*83.700 3 116 New homes 0.6 .5 ....11.2... 2*. 3 57.1 National banks State banks Savings and loan assns Mortgage companies Insurance companies A l l others Total Table 7.—Capacity of garage, 1940 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9 999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 1.0,000 or more 3.727 1934-35 1936 Existing homes 1934-40 Amount of mortgage as a percent of F H A valuation of property All homes _ 5.1 6.2 100.0 100.0 Total Average FHA value of property *.l $ 2.655 *1.0 3.*75 ,...33.6.. ...*,336... 9.8 9.2 1.5.. ,...8,*00... .8 11.313 *,326 *,6*5 5.015 6.2 $ 2,7*0 b 26.3 3.*17 ....36.3.. ....*.333 13.7 5.273 6.*7512.5 2.5.. ....9.500®.. 12.500* 2.5 ! New homes 100.0 100.0 Land as a percent of property value $273 10.3 ® L . . 670 957 1.688 12.6 1*.8 ,...l*.7 l*.9 518 610 676 12.0 13.1 13.5 $ 590 b 474 688.... 882 1.085, 21.5b 13.9 ....15.9 j 16.7 16.8 1,600 * j 12.8b AH homes 100.0 100.0 Percent distribution 1-family homes Existing homes 59.6 32.8 4... 7.2 Average FHA value of land Existing homes Number of rooms New homes Total 100.0 Percent distribution 1- to 4family homes Table 9.—Size of home, 1940 Exterior material 100.0 *,282,097 75.0 81.2 9.5 10.3 6.1... ....81.*... ....11.9 9.3 .8 1.5 *.7 l.U 1.7 3 x... .....3.5... 1.1 .1 .1 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 0.5 .4 10.1... ....11.1 22.8 2*. 2 62.0 57.6 6.3 Wood Brick Stucco Other Percent distribution 13.565 Table 6.—Mortgage as a percent of value, 1940 Percent distribution 1-family homes 3.0 88.8 8.0 .2 Amount $ 9 9 * . 850 3.112 1.9*8 706,237 108,650 3**.. , 550.072 1.7*7 817.261 2.776 . . . . 3 . 6 3 8 . . ....1,105.027 1938 1939 1940 1*.*07.320 New homes 4 5 6 7 16.3 61.2 16.3 6.2 100.0 rooms or less rooms rooms rooms or more Existing homes 10.2 7*. 3 13.6... 1.9 ^1.2 25.0 100.0 Total 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 100.0 A l l groups: 1940 A l l groups: *.723 75* 1 16.0 1939 ! *.922 8*9 17.2 1938 ! 5.005 953 i 19.0 Hots; • glossary of terns used Is included in the Appendix, a I s t i a a t e d for 1930 by the IHk d i s t r i c t . b Computation based on fever than 6 cases. Number $ 770,050 195 2,119,070 a t . ....1,511.800 718 2,920,800 3.036.500 ,...*.o*9.ioo 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Year Amount Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage Number Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 3 Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Percent of total Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Total 1930, a estimated by F H A distrf bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 23.1* 2.52 a.5 7.5 26.86 18.6 31.7 2.17 . . . . 2 9 . 9 . . . . . . 2 9 . * 8 . . . u.,.1.85.... L...15.8 32.81 14.6 1.70 10.3 1.62 14.0 15.8 38.17 2.8.. ....46.00... b...i.39«..« ....12.2 2.0 1.10 60.90 9.9 r 100.0 30.99 33.71 35.71 1.81 1.77 1.90 15.6 15.* 16.5 $ 24.00* 21.2* 3.8 2.27b 10.3 29.00 1.97 19.1 ....28.2.. ....31.91... b...1.75.... ....17.1 1.4l 9.0 30.1* 13.3 41.11 2*.* 14.9 1.5T ....12.8.. ....*0.30... ....1.12.... ....11.2 59.00 10.1 1.05 11.5 1940 1.42 100.0 37.59 13.7 1939 40.00 1.46 14.1 1938 42.14 1.46 14.6 on the basis of the boundaries of the 1930 metropolitan 143 HOMES IN METROPOLITAN DISTRICTS NASHVILLE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Area 1940 Number I n central city Outside central city Metropolitan district 1930, estimated by F H A 1930 Percent 1940 For sale or rent Increase Number N o t for sale or Percent rent Percent of total 167,402 74.367 153,866 55.556 13.536 18,811 8.8 33.9 45.808 17.770 39,404 11.155 6,404 6,615 16.3 59-3 V 61 1.635 704 3.* 3.8 47.536 18.535 241,769 209,422 32.347 15.4 63.578 50.559 13,019 25.8 154 2.339 3.5 66,071 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes New homes Year Number Number Amount Amount $ 326.550 $ 120,700 24 78 1935 592,610 720,385 153 178 1936 1937 . . • • • • • » • • • • • • » . . . . 2 2 5 . . . . . . . 9 6 4 , 6 0 0 . . . , . . . 1 7 2 . . . . , . . . . 6 7 4 , 4 0 0 . . . 678,300 1,438,000 1938 177 337 108,400 995.100 28 1939 242 113,664... 5 6 9 . . . ,..2,088,800 1940 . 1935^0 1.575 640 6,327.585 2,493,924 Mortgages of ^ c t i o n ^ or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units N a t i o n originating mortgages A l l others Garage and car capacity 514 270 2,116,300 1,103,500 2.215 8,821,509 1934-35 1936 1937.... 1938 1939 1940 . . . . New homes Existing homes 100.0 $ 371.680 409,224 ....84,337 369.^25 404,032 •••597.691 6,674 2.236,389 All homes 8.8 .7 100.0 100.0 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property New homes Existing homes All homes 78.0 71.8 8.9 8.2 7.2... >...91.9... ,...14.0 2.7 2.7 2.7 3.2 5.4 3.3 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less - New homes Wood Brick Stucco Other 14.9 73.8 .11.3 Total Percent distribution 13.7 36.4 .21.3.. 15.6 10.8 ..2.O.. .2 100.0 8.6 40.0 .17.1. 20.0 11.4 ..2.9. Average FHA value of property $ 2,608 3.233 ...It,434... 5.393 6.526 ,..8,656... 10,500® 4,219 4,843 4,949 $ 2.333a 3.^39 ..4,167.. 5.^29 6,438a ..8,625^ ^.358 *.525 4,732 Average FHA value of land $250 336 ...489.. 619 774 ...994.. 1,200 463 551 567 $ 358® 441 ...458., 614 800* ...800* 523 577 721 Land as a percent of property value 9.6 10.4 .11.0 11.5 11.9 .11.5 11.4 a 11.0 11.4 11.5 15.3® 12.8 .11.0 11.3 12. 4 a ..9»3a 12.0 12.8 15.2 100.0 - 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes CVI t*\J* r-t F H A valuation of property 100.0 Total Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 22.8 62.9 100.0 100.0 ii*3 4 5 6 7 rooms or less rooms rooms rooms or more Total New homes Existing homes 17.4 65.8 ....10.2... 6.6 11.4 37.1 28.6 22.9 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000-to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 A glossary of terms used is included i n the Appendix. * Computation based on fewer than 6 cases. 1.053 1,056 ...239.. 1,026 1,368 •1.932. Table 6.—Mortgage as a percent of value, 1940 Exterior material Total Note; $ 447,250 1.312.995 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage . . 3-car garage A l l groups: 1940 1939 1938 102 331 Percent distribution of amount of 1- to 4-family home mortgages - Table 7—Capacity of garage, 1940 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more Amount 100 Total A l l groups: 1940 1939 Number National banks 2.9 State banks 18.8 9.9 Savings and loan assns.» • • • . . . . 1 4 . 7 . . . . . . . 2 3 . 9 . . . . . . . 1 5 . 4 Mortgage companies 23.8 23.9 22.0 Insurance companies 38.4 38.7 35.4 1 $ 450,000 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . , 10,000 or more A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Total Number Percent bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 20.67 11.3 2-33 19.5 31.8 26.09 2.16 18.0 ,...30.5.. ....28.97... . . . 1 . 8 5 . . . ^ ...15.4 32.42 7.8 14.6 1.74 38.82 14.1 I.65 14.1 .3.0.., ,...47.67... ...1.52 ...13.4 1.1 1.25 -.5 55.83 100.0 29.74 34.80 35.66 1.86 1.95 1.89 15.7 16.8 16.3 8.6 $ 19.00a 2.05 a 17.3 22.9 28.63 2.06 19.9 , ...25.7.. ,...31.00..., ...1.74....J ...16.5 a 22.50 a 10.2 1.13 5.7 22.9 44.63 15.8 1.73 ....14.2.., ,...48.60*., ...1.26a.... ...13.3 - 100.0 - 3^.57 34.36 36.45 - 1.65 1.67 1.64 15.7 15.1 14.9 a a FEDERAL HOUSING ADMINISTRATION 144 BIRMINGHAM METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 Number I n central city.. Outside central city Metropolitan district 1930,& estimated by F H A 1930* Percent 1940 267.583 140,268 259.678 128.339 7.905 11.929 3.0 9.3 71.820 34.714 407.851 388,017 19.834 ! 5.1 106,534 i For sale or rent Increase Number Not for sale or rent Percent Number Percent of total 64.263 30.935 7.557 3.779 11.8 12.2 91 78 1.777 756 2.4 2.1 73.688 35.548 95.198 11.336 11.9 169 2.533 2.3 109,236 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year New homes Number Existing homes Number Amount A l l homes Amount 1935-40 1.339 Total 1935-40 Mortgages: Number Amount Projects: Number.. Dwelling units 764 6,159.750 Year Number Amount | 2,829,420 nating mortgages New homes National banks State banks Savings and loan assns . . . . Mortgage companies Insurance companies Savings banks A l l others 4 $948,700 3 0.8 1.6 2... 35.5 22.9 1... 38.9 Total Garage and car capacity 39.8 1.5... 18.2 1-3 2.3 -5 25.2 3 36.1 Amount of mortgage as a percent of F H A valuation of property Percent distribution 1- to 4family homes New homes Existing homes All homes 65.4 78.0 7.9 9.4 7.2... ....68.6... ....17.1 4 .0 2.0 14.3 4.3 2.6 13.3 2 . 9 . . . 1 .1 8... .2 .9 86 to 90 81 to 85 76 to 8 a 71 to 75 61 to 70 51 to 6 a 50 or less 100.0 3-car garage Total .3 Other 15.1 ..5.9. 1.7 100.0 14.4 27.9 .19.2. 13.5 18.3 ..4.8. 1.9 Average FHA value of property 1 $ 2.648 3.444 ...4.500., 5.296 6.483 ...8.641., 12,028 5.087 5.393 5.587 Average FHA value of land Land as a percent of property value $298 427 614.. 739 932 ...1,381.. 2,250 11.3 12.4 ,.13.6 14.0 14.4 .16.0 18.7 14.1 717 15.0 15.6 % $ 2.667 ...J'.Ss. 5.364 6,605 ...8,900. 11.125 4.744 17.1 16.1 .15.9 15.3 17.3 703821 1,142 .18.0 ...1,600., 2,000 18.0 787 867 16.6 16.8 Note: A glossary of terms used is included i n the Appendix, district. a 100.0 Percent distribution 1-family homes Existing homes 91.8 5 Total 100.0 100.0 Number of rooms New homes Wood Brick U.l 19.1 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes 12.1 76.9 Percent distribution Total 100.0 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 100.0 Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage A l l groups: 1940 1939 1938 1.1... 28.2 4,404,050 236 Table 7.—Capacity of garage, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 4.6 6.6 14,741 Table 6.—Mortgage as a percent of value, 1940 All homes Existing homes $634,646 653,060 588,499 2,017 3.314 1.005.733 4,139.. ,...1,336.004 1934-40 8,989.170 Percent distribution of amount of 1- to 4-family home mortgages Mortgages insured under Section 207 or 210 of Title I I New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 2,103 Amount 2,204 2,508 1934-35 1936 1937 1938 1939 1940 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Number 141 $ 108,700 20 121 $420,350 $ 529.050 246 311.050 191 1,006,320 695.270 55 98... ....463,200... ...120...., ....474,200..., ,....218..., 937,400 512.100 1,494,000 981,900 206 139 420,700 2,087,600 2,508.300 461 56 5 108 L . . . . 4 9 9 . . . ,..2,207,300... > . . . . 8 5 . . . . [....306,800... 584... ,...2,514,100 1935 1936 193 7 1938 1939 194 0 Total 70.2 25.0 2.6 1.9 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more 5.2 59.3 33.3... 2.2 Total 100.0 Existing homes 1.9 25.0 57.7 15.4 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more Percent distribution Average monthly payment $21.69 26.25 ...31.21.. .16.5 32.58 19.9 37.85 . . 6 . 9 . . ...50.14., 5.1 54.33 5.4 20.2 .26.0, 100.0 4.9 18.6 .19.6.. 33.71 36.80 4O.85 $ 18.40 24.26 ...28.90., 10.8 28.00 24.5 34.76 .12.8 8.8 Ratio of property value to 2.60 2.28 ...2.11., 1.83 1.66 ...1.63.. 1.15 1.81 1.82 1.66 2.10 1.91 .1.79.. 1.47 1.47 ,.1.38.. .95 A l l groups: 1940 100.0 33.75 1.43 1939 36.13 37.82 1938 17.5 i:8 Xstiaated f o r 1930 by the THA on the basis of the boundaries of the 1940 metropolitan HOMES IN METROPOLITAN DISTRICTS 145 MOBILE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 Number I n central city Outside central city Metropolitan district— 1930* estimated by FHA 1930* Percent 1940 For sale or rent Increase Number Not for sale or Percent rent Percent of total 78,720 36,186 68,202 28,405 10,518 7,781 15.4 27.4 20.517 9,164 16,806 6,770 3.711 2,394 22.1 35-4 16 56 555 301 2.6 3-2 21,088 9,521 114,906 96,607 18,299 18.9 29,681 23.576 6,105 25.9 72 856 2.8 30.609 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year New homes Number 1935 1936 193 7 1938 1939 1940 Number • 89.900 257,260 248,450... 475.150 408,850 816.900 11 123 117 234 642 2.296.510 • 220.150 99 334,430 174 160,550,., . . . . 1 2 1 . . . . 162 104,750 144 72,850 142,650 269 $ 310,050 591.690 409,000 579,900 481,700 959,550 327 1,035,380 3,331,890 1 • 295,000 1 Existing homes All homes National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks All others 80.4 67.1 78.5 80 Total 2... 2.4 16.4 9.6 23.3 .6 - 100.0 Wood Brick Stucco Other New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999... 10,000 or more Average FHA value of property Average FHA value of land Land as a percent of property value 13.4 11.9 4?!4 ....14.5 . . . 2 3 . 3 . . - . . . 4 , 3 3 8 . . . , ....629 17.6 13.4 934 5,299 18.1 1,219 5.2 6,731 10.2 8... ...8,825.... . . . . 9 0 0 . . . . , 2,000* 12,250® 16.3* .4 100.0 All groups: 1940 1939 1938 Existing homes: $2,999 or leas 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 4 r 081 c e 18.4 • 2,593 26.3 . . . 1 0 . 5 . . . ...4,175* 23.7 6,833* 7.9 13.2 17.4 11,000^ 579 c c 14.2 c c • 407 598 ....788*.... 1,250 1,600* 18.9* 23.3 23.4* 2,500* 15.7 22.7* • 207.506 195.052 73,282 122,052 186,578 245,075 1,029,545 •5 Percent distribution 1- to 4family homes New homes Existing homes 54.6 20.4 ....17.7.-. ....53.8... 2.7 25.7 3.5 15.4 1.1... 5.1... 86 to 90 81 to 85 76 to 80. 71 to 75 61 to 70 51 to 60. 50 or less 100.0 New homes Existing homes 90.5 3.2 71.1 18.4 2.6 7.9 100.0 Table 10.—Averages by property value groups for 1 .family homes, 1940 Amount Total 100.0 100.0 All homes 47.5 17.7 22.4 5-7 5-0 ,1.7 100.0 Table 9.—Size of home, 1940 Percent distribution l-family homes * Number of rooms 6.3 Total 2,627 Amount of mortgage as a percent of FHA valuation of property Percent distribution l-family homes 100.0 Percent distribution .2 100.0 1*12 81... 323 533 682 1934-40 Exterior material 10.0 70.3 7 1.0 FHA valuation of property 1934-35 1936 193 7 1938 1939 1940 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total Number Table 6—Mortgage as a percent of value, 1940 New homes Table 7.—Capacity of parage, 1940 All groups: 1940 1939 1938 969 nating mortgages Title I I No garage 1-car garage 2-car garage 3-car garage Year Amount Percent distribution of amount of 1- to 4-family home mortgages or210of Garage and car capacity Number 72 101 53.... 39 27 35 Mortgages Mortgages: Number Amount Projects: Numher Dwelling units Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 All homes Existing homes Amount 27 1935-40 Total Number 100.0 New homes 4 rooms or less 5 rooms 6 rooms 7 rooms or more Total Existing homes 10.3 62.5 22.9 4.3 2.6 39.5 36.8 21.1 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income 2.47 • 20.18 8.8 2.06 27.75 35-2 . . . 2 7 . 2 . . ...26.94..., . . . . 1 . 8 4 . . . 1.58 28.49 15.6 1.57 v 37.88 9.6 1.6.. ...53.50*.. . . . . 1 . 5 9 * . . 1.05* 2.0 60.80* 100.0 29.02 c 1.78 c 8.1 • 22.00* 2.36* 21.7 2?. 88 1.86 ...18.9.. ...24.57..., . . . 1 . 5 7 . . . , 8.1 28.00* 1.66* 18.9 37.43 1*57 Qcb 2.7-.« • • .25 00* 21.6 69.13 1.17 Gross payment as a percent of income 18.7 19.2 14.8 12.7 13.2 14.3* 9.7* 15.2 c 20.5* 16.6 12*7 12.8* x 3.6 7 Rb 10.7 All groups: 1940 21.0 100.0 1.42 12.4 36.57 1939 1938 c c c c c c l o t * : A glossary of t*ras used is included in the Appendix. **stiaated for 1930 on the basis of the boundaries of the 19k) metropolitan district c as d*fln*d by TEA. and based on data furnished by the Bureau of the Census. * Computation based on fewer than 6 cases. Data not available. 100.0 ] 5,086 1,067 FEDERAL HOUSING ADMINISTRATION 146 MONTGOMERY METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 Increase 1930, estimated by FHA Number Percent Not for sale or rent For sale or rent Number 78,00* 15.613 66,079 12.310 12.005 3.303 18.2 26.8 a.936 2.801 16,806 2,910 5.130 -109 30.5 -3.7 8 a 278 107 1.3 3.7 22,222 2.929 93.697 78.389 15.308 19.5 2U.737 19.716 5.0a 25.5 29 385 1.5 25.151 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Number 1935 1936 1938 1939 1935-40 22 60 76..., 156 191 $ 100,800 288.280 393,200..J 673.500 898,000 79U 3,657.880 $ 116,700 32 125.U50 P . . . , ....116,000 133.700 36 90,700 a 2U... 68U.131 182 Type of institution originating mortgages 1 $ 80,000 1 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 976 U,3*2,011 22* 23U 55.., 1938 1939 197 336 325.. Amount of mortgage as a percent of FHA valuation of P r °P e r t y Mortgage companies Insurance companies Savings banks . . . . . . . . . . . All others 3-5 28.9 2.7 50.0 71 to 75 "61 to 70 51 to 60 50 or less .2 3.1 100.0 100.0 100.0 Average FHA value of property Average FHA value of land $ 225* U10 ...5U9... 81? I.03U .1.U85... 2.713* 8.2° 11.7 .12.4 100.0 5.089 733 lU.U 12.0 8.0 $2,167* 3.600* ..U.U38*. $583* 525* ...825*.. 1.119. 1,200* .1,500*.. 2.375* .18.6* a.ov 17.8* .17.6* 22.1* 6.730* .8.500 10,750* 15.0 16.0 .17.6 a.9* 55:15 19.8 All homes - 100.0 Total 100.0 100.0 Percent distribution 1-family homes Existing homes 29.6 62.2 8.2 100.0 Land as a percent of property value Existing homes Number of rooms New homes $ 2,750* 3.513 , ..*,*22... 5.U20 6.U68 ,..8,U23 12.375* 32.0 20.0 ..U.O. New homes Table 9.—Size of home, 1940 Exterior material 0.7 22.9 .33.2. 16.* 20.7 ..U.7. 1.U .16.0. Percent distribution 1- to 4family homes Percent distribution 1-family homes Total 502,207 67.8 62.3 l*.l 13.0 . . . l * . l . . . , . . . 6 1 . 5 . . . ...XT.J 2.0 19-2 2.0 15.* 3.1 Table 8.—Material of construction, 1940 100.0 Percent distribution homes 3.* 3O.5 .5 Wood Brick Stucco • • • . . • • • . . • • • • • • Other $ 83,592 89,9** .....23,803 7*. 229 ia.107 Table 6.—Mortgage as a percent of value, 1940 86 to 90 81 to 85 ?• Amount 1.371 1934-40 29-1 36.5 6.8 75.6 16.1 1.5 8.0 1934-35 1936 23.8 20.* 100.0* 5.506 1.092 All groups: 1940 1939 1938 Bote: • glossary of teras used Is included in the Appendix. c Data not available. $ a7.5oo U13.730 509,200 807.200 988,700 29.5 37.9 Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 5U 95 ....110..., 192 212 ....313... National banks State banks Percent distribution all 1- to 4-family homes FHA valuation of property Number Existing homes Table 7.—Capacity of garage, 1940 Total Year Amount Percent distribution of amount of 1- to 4-family home mortgages 36 No garage 1-car garage 2-car garage • • • • . • • . . » • 3-car garage All homes Number New homes Total Garage and car capacity Amount Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units.. Number Amount Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes boo Year Total Percent of total - 100.0* New homes 4 rooms or less 5 rooms 6 rooms 7 rooms or more Existing homes 1.8 28.0 52.1 ..'..37.2..., ....52.0 20.0 8.9 Total 100.0 100.0* Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income *.o 2.*6 $ a.91 19.1 18.3 27.06 2.32 18.2 . . . 3 2 . 6 . . . , . . . 2 9 . 3 5 . . . , . . . 2 . 0 0 . . . . ,...15.9 17.2 1.87 33<i6 15.2 19.0 U2.a 1.83 15.0 , . . . 5 . 7 . . . , . . . 5 0 . 8 8 . . . > . . . 1 . 6 2 . . . . , ,...13.9 3.2 65.** 1.1* 9.8 100.0 3*.15 c c 1.87 c c 15.1 c c 20.9 16~U* $22.60* 2.01* , . . 1 6 . 7 . . . ....27.00*.. . . . 1 . 9 6 * . . . , U 1 U . 5 * 1.86* 8.3 15.7* 36.00* l.UU* 20.8 13.** 3T.*0* ...25.0... ...*9.50..., ....8.5 8.3 1U.7* 71.50* 100.0* 1U.2 All groups: 1940 1.70 38.33 c c c 1939 c c c 1938 * Distribution based on fewer than 26 cases. * Computation based on fewer than 6 cases. 147 HOMES IN METROPOLITAN DISTRICTS JACKSON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city.. Outside central city Metropolitan district Percent 1930, estimated by F H A 1940 62,107 25,896 48,282 19,970 13,825 5,926 28.6 29.7 16.290 6,029 88,003 68,252 19,751 28.9 22,319 | For sale or rent Increase N o t for sale or Percent rent Number Percent of total 11,065 4,424 5.225 1.605 47.2 36.3 18 12 185 175 1.1 2.8 16.493 6,216 15,489 6,830 44.1 30 360 1.6 22,709 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I M( jrtgages on 1- to 4-family homes Year New homes Number 1935 1936 193 7 1938 1039 Property improvement Existing homes Amount A l l homes Number Amount 86 149 4 478,200 163.113 235 318 $800,050 1,214,306 242 335 8 2 98.500 59.700 277 1,067,200 1,250,800 1.090,213 1.902 6.949.556 # J 968,700 1,191,100 Number Year Number Amount 1934-35 1936 193 7 1938 1939 1940 26.... 1935-40 1,591 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Type of institution originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks. . . . . . . . . . . . A l l others 1 $34,000 1 1 2,850 1,347,615 New homes Existing homes All homes 4lTl 19.7 15.3 25.6 39 >7 2 44.1 16.0 100.0 100.0 Amount of mortgage as a percent of F H A valuation of property 86 81 76 71 61 to to to to to Percent distribution 1- to 4family homes New homes Existing homes 80.4 8.5 4.7.. 90 85 80 75 70 }'s. 1 4 75.9 8.0 ....75.0... ....8.7 2.8 17.8 4.0 3.6 3.6 .2 100.0 100.0 50 or less - All homes 12 Total Table 7—Capacity of garage, 1940 Garage and car capacity Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.^.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 8.8 Wood Brick Other 100.0 A l l groups: 1940 1939 1938 Average FHA value of property $ 2,741 3.326 ..U.365.. 5.377 6.591 ..8,857.. 19.0 l4.2 ..U.S.. 4.8 100.0® $3,575° ...4,425.. 5.317 6,667 c ,..9.000 c, 11,500 c 5,393 b b 3 42.9 : L . 37.8 Average FHA value of land 100.0 Land as a percent of property value 11.0 11.9 •13.3 1U.3 15.9 $301 396 579772 1,050 .15.U ...1,364., 5U2 b b 19.0 100.0 • New homes 4 5 6 7 Existing homes 21.0 4.8 45.6 28.6 . . . . 2 8 . 6 . . . ,...47.6 4.8 19.0 rooms or less rooms rooms rooms or more 100.0 Total 100.0 » Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 18.7 b b A l l groups: 1940 1939 1938 .25.0®c R U 21.7 16.4 c .17.3 18.8 17.5° 1,010 b b } A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 13.2 b b $ 588 0 ...767.. 1,000 1,167 c .2,250® 2,500® Hote: A glossary of terms used i s Included i n the Appendix, on fewer than 6 cases. 326565 O - 42 - 11 Existing homes 57.9 Total 4.099 b b .28.6.. 28.6 Percent distribution 1-family homes Number of rooms New homes 56.0 15.5 37.6 .25.6. 11.1 8.7 ..1.5. 100.0 Table 9.—Size of home, 1940 Exterior material .3^.2 1.0 Percent distribution Total Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 100.0 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage • . 3-car garage $ 183,747 286,661 71,270 186,936 238,197 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages - Amount 477 490 106.... 413 * 495 1934-40 Table 5—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 311 5.859.343 Total Number Average gross monthly payment Percent distribution Ratio of property value to income Gross payment as a percent of income 18.1 $19.23 2.27 5.7 15.2 21.91 1.91 30.1 ....25.7.. ....26.17... . . . . l . p . . . . ....13.9 12.7 28.63 1.60 10.8 33.63 1.49 20.1 12.2 3.8.. ....42.59... . . . . 1 . 3 4 . . . . ....11.; 3.8 47.76 1.05 9.5 100.0 1.62 b b 27.69 b b $ 28.00 c 9.5 , . . . 2 3 . 8 . . ....32.80 c 19.1 35.75 C 33.3 38.14 60.66 14.3 100.0 a 2.37® 1.85 1.49 c 38.67 b b Distribution based on fever than 26 cases. * D a t a not available. 13.1 b b c c 20.6c 18.2 c 16.2 « 13.4 1.35® 11.0 1.65 b b 14.2 1) b c Computation based 148 FEDERAL HOUSING 1940 METROPOLITAN IN WEST 4 T DISTRICTS AGGREGATE POPULATION OF 5 0 , 0 0 0 OR MORE IN T H E C E N T R A L THE WORTH CENTRAL = AREA OF METROPOLITAN WITH AN CITIES DISTRICTS DIVISION ADMINISTRATION WEST NORTH CENTRAL GEOGRAPHIC DIVISION The seven States, N o r t h Dakota, South Dakota, Minnesota, Nebraska, Iowa, Kansas, and Missouri, make up the West N o r t h Central Geographic D i vision. As a group they contain 13,516,990 persons, or 10.3 percent of the total United States population. O f these persons, 8,838,099 live i n nonfarm areas, and, of these 3,987,057 live inside metropolitan districts. West N o r t h C e n t r a l Division P o p u l a t i o n i n 1940 Percent of U n i t e d States Total Nonfarm _ M e t r o p o l i t a n districts ------ P o p u l a t i o n d e n s i t y per square m i l e United States Percent 10.3 Percent 100.0 100.0 65.4 29.5 100.0 77.1 47.8 13, 516, 990 8, 838,099 3, 987, 057 26 .6 44.3 There are fifteen metropolitan districts located principally or entirely inside this Division. The population of that portion of the metropolitan districts located inside the boundaries of this Division constitutes only 29.5 percent of the population of the Division as compared w i t h 47.8 percent of the population i n metropolitan districts for the Nation as a whole. The Division and the metropolitan districts i t contains are shown i n the map on the facing page. The smaller role of the metropolitan districts i n this Division reflects the r u r a l character of its structure. The population inside metropolitan districts together w i t h that of the smaller cities and towns amounts to only 65.4 percent of the total population, whereas nationally 77.1 percent is nonfarm. The metropolitan districts of this Division contain only 45.1 percent of this nonfarm population, while nationally they include 62.0 percent. The Division embraces 17.2 percent of the land area of the United States and approximately onetenth of its population. The number of persons per square mile is but 26.6 as compared w i t h 44.3 for the Nation. Economic characteristics. Agriculture is the principal source of private income w i t h i n the West N o r t h Central Geographic Division, nearly one- fifth of the total income. Trade, manufacturing, and the servicing occupations follow closely i n importance. T w o major metropolitan districts, St. Louis and Minneapolis, strongly influence this ranking. As w i t h i n the other geographical divisions, considerable diversity exists among the metropolitan districts i n the source f r o m which they derive their income. The following observations w i l l serve to indicate the primary activities for each. Cedar Rapids, one of the metropolitan districts located entirely w i t h i n the State of Iowa, is an important railway center possessing numerous railway shops. I t is an important trading center for Northeastern Iowa. The industries of the city include meat packing, flour milling, and the manufacture of cement and stone products. Des Moines is the leading f a r m journal publishing center of the United States, and is also the headquarters of numerous insurance companies. I t s manufactures include brick, tile, cement, and coalmining equipment for the nearby coal fields. Des Moines is also the major distributing center for Central Iowa. Sioux City is a trading and dist r i b u t i n g center for Western Iowa. I t s industries are p r i m a r i l y meat packing, dairy products, and flour milling. The Waterloo Metropolitan District is p r i m a r i l y a distributing center i n Northeastern Iowa, w i t h meat packing and processing of f a r m products as corollary activities. Davenport is the servicing and retail trade center of the Davenport-Rock Islancl-Moline Metropolitan District. The. principal manufactures of Davenport are food products. Leading durable goods manufactured there include foundry products, millwork, and railroad cars and supplies. The metropolitan district of Wichita is the larger of the two metropolitan districts entirely located w i t h i n the State of Kansas. Wichita is an oil-refining center, but i t also engages i n meat packing and flour milling. I t is of rapidly growing importance as an airplane manufacturing center w i t h the recent erection of large aircraft plants. Topeka is the capital of the State and has many persons employed i n governmental act i v i t y . Other principal sources of employment 149 150 FEDERAL H O U S I N G are the large railway yards and shops, flour mills, creameries, meat packing, wholesale houses, and p r i n t i n g establishments. The Duluth, Minnesota-Superior, Wisconsin, Metropolitan District is located principally w i t h i n the State of Minnesota. I t is noted both as the port of shipment for the ores f r o m the Mesabi iron range, and as one of the foremost inland wheat shipping ports. This metropolitan district is a large wholesale center f o r the Northwest. The production of food and lumber is the major industrial activity. The metropolitan district of Minneapolis-St. Paul contains the capital of the State of Minnesota w i t h the governmental activity which that entails. I t is the major distributing, shopping, and financial center w i t h i n the Northwest, and also is the site of one of the largest State universities i n the Nation. I t is the foremost flour m i l l i n g center of the country. Other manufactures include agricultural machinery, linseed products, and butter. The metropolitan district of Kansas City, Missouri-Kansas City, Kansas, is located principally w i t h i n the State of Missouri. I t is one of the major meat packing centers of the Nation and is also the location of large railway yards and shops. Other products of the district include flour, soap, candles, railway cars, boxes, and bar- ADMINISTRATION rels. The manufactures of the St. Joseph Metropolitan District include packed meat, soap, glue, flour, and saddlery and harness equipment. The metropolitan district of St. Louis is one of the foremost industrial cities of the Middle West. I t embraces a very wide range of manufacturing. I r o n and steel as well as a wide variety of electrical equipment are produced. I t is also one of the large meat packing centers of the Nation, and, partly as a result, has become a large producer of boots and shoes and other leather products. The Springfield, Missouri, Metropolitan District contains flour mills, meat packing plants, and other manufactures which include men's work clothing, wagons, and furniture. Large railway shops are also located here. The metropolitan district of Lincoln is the capital of the State of Nebraska and the site of the State University. I t is a distributing center for the surrounding agricultural region, and its manufactures include food products, cement, stone, and clay products. The Omaha, NebraskaCouncil Bluffs, Iowa, Metropolitan District, located mainly i n Nebraska, is another of the great meat packing centers of the United States, and i n addition is the foremost butter making center. I t also contains large railway shops, as well as lead-refining and flour-milling industries. Population, Occupied Dwelling Units, and F H A Activity in West N o r t h Central Metropolitan Districts Occupied dwelling units enumerated i n the 1940 Census Estimated increase 1930-40 Population i n 1940 Metropolitan district Number i n 1940 Number Duluth, Minn. Minneapolis-St. Paul. M i n n . * Cedar Rapids, Iowa . . Davenport, Iowa. b Des Moines, Iowa. Sioux C i t y , Iowa Waterloo, Iowa. Kansas C i t y , M o > St. Joseph, M o St. Louis, M o > Springfield, M o . Lincoln, Nebr_ Omaha, Nebr. Topeka, Kans. Wichita, Kans> . D i v i s i o n total ® 140 district total.. a Occupied dwelling Occupied dwelling Each column total i n t o adjacent geographic h c . _ 157, 098 911,077 73, 219 174,995 183,973 87,791. 67,050 634,093 86,991. 1,367,977 70, 514 88,191. 287,698 77, 749 127,308. 43, 054 256, 712 21,65749, 559 53, 262 24,349. 19, 367 188,813 24,882. 385,432 20, 953 25,65679, 807 22, 705 38,167. 6,337 49,061 3,5518,506 10, 650 3, 215. 4,449 24, 620 1, 296_ 51, 568 3, 828 3,69210,030 3, 832 6,157- Percentage increase, 1940 over 1930 17.3 23.6 19. 6. 20.7 25.0' 15. 2_ 29.8 15.0 5.515.4 22.4 16.8. 14.4 20.3 19.2- 1- to 4-family home mortgages accepted for F H A insurance, 1935-40 On all homes Number On new homes As a % of all occupied dwellings i n 1940 391 7, 544 1941,320 2,175 702. 469 5,804 39210,846 423 -_6352,163 916 1, 807 _ 0.9 2.9 .92.7 4.1 2.9 2.4 3.1 1.6. 2.8 2.0 2.5 2.7 4.0 _ 4.7 Number . . 119 4,018 119. 933 1,113 347 308 2, 692 84. 6, 893 324 318 870 529 1, 329_ As a % of the 1930-40 increase i n dwellings 1.9 8.2 3.4 11.0 10.5 10.8 6.9 10.9 6. 5 13.4 8.5 8.6 8.7 13.8 21.6 4, 395, 724 1, 254, 375 190, 792 17.9 35, 781 2.9 19,996 10.5 62,965, 773 17, 220, 831 2, 744, 341 19.0 546,842 3.2 358, 587 13.1 u n i t data for 1930 were estimated on the basis of the boundaries of the metropolitan district as established i n the 1930 Census. u n i t data for 1930 were estimated on a basis approximating the boundaries of the metropolitan district as established i n the 1940 Census. is based upon the summation of the figures of the metropolitan districts i n their entirety, including minor district parts w h i c h spill over divisions. HOMES I N METROPOLITAN DISTRICTS F H A activity. The 1940 Census enumerated 1,254,375 occupied dwelling units of all types inside the fifteen metropolitan districts located principally or entirely w i t h i n the West N o r t h Central Geographic Division. O f these, the F H A accounted for 2.9 percent w i t h 35,781 small home mortgages accepted f o r insurance through December 31, 1940. This was a somewhat smaller proportion f o r the F H A than the average of 3.2 percent i n the 140 metropolitan districts of the United States. F H A small home mortgage acceptances do not constitute a u n i f o r m percentage of the occupied dwelling units located w i t h i n the metropolitan districts of the West N o r t h Central Division. F o r example, i n the Wichita Metropolitan District these mortgage acceptances amounted to 4.7 percent of the dwelling units, while i n the DuluthSuperior and Cedar Rapids Metropolitan Districts they were only 0.9 percent. I n the Minneapolis-St. Paul Metropolitan District F H A ' s share was 2.9 percent, i n the St. Louis Metropolitan District 2.8 percent, and i n the OmahaCouncil Bluffs Metropolitan District 2.7 percent. Of the 190,792 occupied dwelling units of all types added i n the fifteen metropolitan districts of the West N o r t h Central Division d u r i n g the 151 decade 1930-40 some 19,996 new, small homes, or 10.5 percent, were financed under the F H A plan between 1935 and 1940. This, also, was a smaller proportion for the F H A than its average share of 13.1 percent of the dwelling unit addition i n all the 140 metropolitan districts of the United States. I n the Wichita Metropolitan District 21.6 percent of the dwelling u n i t addition represented F H A mortgage acceptances on new, small homes, while i n the Duluth-Superior Metropolitan Dist r i c t only 1.9 percent were so represented. I n the St. Louis Metropolitan District F H A ' s share was 13.4 percent, i n the Kansas City, MissouriKansas City, Kansas, Metropolitan District 10.9 percent, and 8.2 percent i n the Minneapolis-St. Paul Metropolitan District. Individual metropolitan districts. F H A and Bureau of the Census data are presented i n the following pages f o r each of the fifteen metropolitan districts located mainly w i t h i n the West N o r t h Central Geographic Division. A t the beginning of this section there is presented a discussion of the analytical purposes which these data may serve. A n explanation of the terms used i n the tables is set f o r t h i n the Appendix Glossary. FEDERAL HOUSING ADMINISTRATION 152 DULUTH-SUPERIOR METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district 136,201 20.897 137.576 17.814 -1.375 3.083 157.098 155.390 1,708 Percent 1940 Increase 1930, estimated by F H A Number For sale or rent N o t for sale or rent Percent Percent of total -1.0 17.3 37,468 5.586 32.506 4,211 4,962 1.375 15.3 32.7 179 333 1.090 258 2.8 4.2 38.737 6.177 1.1 43,054 36,717 6.337 17.3 512 1.3*« 3.0 44,914 ! Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Amount 2 7 $ 8,250 33.850 1935 1936 24 16 ....62 1938 1939 1940 . 1935-40 574,000 Table 4.—Rental projects Total 1935-40 A l l homes Number Amount $ 88,150 321,700 110,000 280,600 229,200 $ 79.900 27 287.850 100 ....75,700 . . . . 72 149,900 59 149,400 ...189,600....j % 272 932.350 1934^35 1936 1937-.... 1938 1939 194 0 1.506,350 391 Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Amount Number 25 93 ....24 130,700 39 79.800 >0 ...287,100...., ....4g 119 Property improvement notes Existing homes Number Type of institution originating mortgages . National banks State banks Savings and loan assns.. Mortgage companies Insurance companies Savings banks A l l others Hone New homes Existing homes 55-2 20.7 70.1 1.4 ..1.5.. 5.7 20.0 1.3 1.3 ..4~8.. 18.0 Garage and car capacity All homes 61.5 .6 ..3.4 12.8 20.4 1.3 Amount of mortgage as a percent of F H A valuation of property 86 81 76 71 61 to to to to to No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage Total H 100.0 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,99ft. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 Note: Percent distribution Average FHA value of property 3-2 $3,825* .33.3. • . . . 4 , 4 4 0 . . . 39.7 5.300 20.6 6,504 . . 3 . 2 . . . . . 8 , 3 7 5 a«- 24.5 I $3,523 ..28.3...;...4,363.. 26.4 5.375 17.0 6,628 ...1.9 8,250 a . 1.9 10,000® 4,989 4,75* 5,069 • glossary of terns used i s Included Land as a percent of property value $ 275* ...363.. 456 635 ...900a 470 5*5 847 5.313 5.775 6,813 100.0 Average FHA value of land $383 ...422., 561 756 .l,000a l,800a 542 589 694 l a the Appendix. * 7.2* ..8.2 8.6 9.8 .10.7* 8.8 9.4 12.4 10.9 ..9.7 10.4 11.4 .12.1* 18.0a Existing homes All homes 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms 92.0 Wood Brick Stucco................. ....1.6 Other 3.2 Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property New homes 100.0 Total New homes •9 1,817,541 Percent distribution 1- to 4family homes Percent distribution 1-family homes 100.0 4,331 H 50 or less Exterior material 27.1 62.7 9.3 $ 234,894 259,886 ....87,926 331.351 1*23,926 ...479.558 69.8 37.3 11.1 5.9 ...12.7.... ...7O.9.... ...39.8 16.4 9-3 5.1 1.6 2.6 ....1.6.... ....3.6.... 90 85 80 75 70 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes 552 648 ...204., 779 95U .1,191*.. Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages Total Table 7—Capacity of garage, 1940 Total Number Existing homes 69.8 3.8 ....20.7 5.7 New homes 4 5 6 7 100.0 rooms or less rooms rooms rooms or more 36.5 41.3 19.0 3.2 100.0 Total Existing homes ... 9.4 28.3 34.0 28.3 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 a . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 10.9 1939 12.4 1938 13.7 Computation based on fever than 6 cases. Percent distribution Average gross monthly payment $ 27.00a 1.6 33.3 3U.67 .34.9.. ...38.59... 9-5 41.33 1H.3 43.56 ..3.2.. ...67.00*.. 3.2 56.50* Ratio of property value to income 3.15* 2.75 .20.5 .l.92a.. 1.84* .19.6* 2.07 1#72 « 39-5* *3«57 52.57 2.17 1.89 1.58 3.8 24.5 .22.7., 9.U $26.50* 2.87* 2.44 .1.85., 1.71* 1.74 .1.42* 1.17 .St. 11.3 32.08 40.60 36.70 43.30 24.0* 23-7 .2.29... 100,0 ...32.75... 35-00* 43.40 ...53.20*. 69.00 Gross payment as a percent of income 1.68 1.75 1.65 18.0 15.6 11.9* 19.3 17.0 14.5 23.6 a 21.4 .16.9 15.8* 15.6 .I4.0a 11.2 15.4 16.2 16.7 HOMES IN METROPOLITAN DISTRICTS 153 MINNEAPOLIS - ST. PAUL METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 1930 a Number In central city Outside central city Metropolitan district Percent 1940 780,106 130,971 735.962 96,296 44,144 34,675 6.0 36.O 223,439 33.273 911.077 832,258 78,819 9.5 256,712 | For sale or rent Increase Not for sale or Percent rent 19§0, * estimated by FHA Number 184,945 22,706 38,494 10,567 20.8 46.5 207,651 49,061 23.6 Percent of total 631 1.981 6,933 2,309 3.0 6.1 231,003 37.563 2,612 9,242 3.4 268,566 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes New homes Amount 1935 1936 1937. 1938 1939 1940. Total 1935-40 $ 1,024,600 3.833.746 ..3,279,250. 1,613,200 1,224,800 >•.1,224,900. 388 1,460 .1,330.. 1,311 1.334 $ 1.357.950 5.039.036 ...4,669,200 5.742,300 6,179.900 •••7,849,900 4,018 18,637.790 3.526 12,200,496 7.544 30,838,286 Type of institution originating mortgages 8 New homes 14.6 3-1 3-939.1 28.4 All others 697 Total 8.6 10.3 100.0 100.0 Wood Brick Stucco Other New homes .2 Total Average FHA value of property 0.1 $ 2,850* 3.616 5.2 . . . 3 1 . 8 . . , ...4,453...38.1 5,360 21.2 6,587 . . . . 3 . 2 . . . ...8,484.... 10,708 .4 5.359 5.573 5.617 2.1 $ 2,629 18.2 3.452 ...28.9-.- ...4,382.... 2?.8 5.358 19.8 6,762 . . . . 4 . 9 . . . ...8,472.... 3.3 13.027 Average FHA value of land 100.0 Land as a percent of property value $ 275 b 363 9.6* 10.0 491 9.2 619 9.4 853-... . . . . 1 0 . 1 11.9 1,275 501 558 572 9.3 10.0 10.2 $ 407 525 I5.5 15.2 ....13.4 12.4 111.7 19.1 19.2 663 992 a Existing homes All homes 77.0 62.9 10.9 9.0 ,....7.8... ,...70.5... ,...19.1 4.7 14-3 2.5 3-3 12.2 1.25 . . . 8 ....2.1... .1 .2 •9 to 90 to 85 to 80 to 75 to 70 100.0 Total 100.0 100.0 Table 9—Size of home, 1940 Percent distribution l-family homes Number of rooms Existing homes 67.8 16.6 8.6... 7.0 2.495 All groups: 1940 100.0 5.356 783 1939 5.138 $ 1938 4.939 Note: A glossary of terns used 1s included in the Appendix. based on fewer than 6 cases. 50 or less 10.7 New homes 100.0 100.0 86 81 76 71 61 100.0 Table 10.—Averages by property value groups for l-family homes, 1940 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more 16.1 3.4 33 38.3 27.9 Exterior material I8.3 71.8 Percent distribution All homes 23.5 4.6 4... 34.5 25.6 13,421,297 Percent distribution 1- to 4family homes Percent distribution l-family homes Percent distribution all 1- to 4-family homes FHA valuation of property Existing homes $ 2,248,569 3,045,03^ 759,806 2,117,177 2,397,148 |...2,853.563 37,333 Amount of mortgage as a percent of FHA valuation of property Table 8— Material of construction, 1940 Table 7—Capacity of garage, 1940 Total 1934-40 Amount Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns..... Mortgage companies Insurance companies $2,895,800 No garage 1-car garage 2-car garage 3-car garage .1,721.. 6,412 7,354 ...1,796.. 6,321 6,830 1934-35 1936 1937 1938 1939 Table 5.—Type of originating mortgagee, 1940 8 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Number 305 1.179 .1,013.. 1*30 305 ...294. Garage and car capacity Year Amount $ 333.350 1,205,290 .1.389.950. 4,129,100 U,955,100 .6,625,000. Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units All homes 83 281 ...317. 881 1,029 .1,1*27. Table 4.—Rental projects Total Number 29.8 6.7 61.7 1.8 100.0 New homes 4 rooms or less 5 rooms Existing homes . 36.2 9-4 5O.5 40.1 ....11.6..., ....23.7 26.8 1.7 7 rooms or more Total 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income 7.0 3.O9 $ 28.46 36.6 54.25 2.75 , . . . 2 9 . 8 . . , . . . 3 9 . 3 7 . . . . ...2.42 11.2 42.96 2.15 10.7 49.18 1.95 [ . . . . 3 . 3 . . , ...57.8O.. . . . 1 . 7 1 1.4 59-85 1.28 100.0 39.O8 41.27 42.92 Gross payment as a percent of income 25.7 23.6 ...21.2 19.2 17.8 ...15.9 11.8 2.34 2.21 2.08 20.6 19.6 18.8 4.0 $ 26.00 2.62 25.8 29.82 2.29 , . . . 2 3 . 9 . . , . . . 3 5 . 6 9 . . . , ...2.09 40.14 11.0 1.95 46.94 21.5 1.80 — 5 . 2 . . , ,...56.41..., . . . I . 6 5 1.19 73.21 8.6 23.7 20.3 ...19.2 18.0 16.8 ...15.0 11.6 100.0 1^.6 All groups: 1940 15.2 1939 15.9 1938 Based on the metropolitan district as established in 41.00 1.81 16.7 40.16 1.74 16.3 39.74 1.67 16.0 the 1930-Census. * Computation 154 FEDERAL HOUSING ADMINISTRATION CEDAR RAPIDS METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 62,120 11.099 56.097 10,494 6.023 605 10.7 5.8 18,500 3.157 73.219 66,591 6,628 | 10.0 21,657 I Increase For sale or rent Number Percent N o t for sale or rent Number 15.317 2.789 3.183 368 20.8 13.2 57 28 420 51 2.2 1.6 18.977 3.236 18,106 3.551 19.6 85 471 2.1 22,213 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I New homes Number 1935-40 625,000 119 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units 305,800 75 Type of institution originating mortgages New homes 4.0 1.2 _ 12.4 ....4.8... - 100.0 Total A l l groups: 1940 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Iota: 1934-40 Wood Brick Total Average FHA value of property 2.5 ,.30.8. 24.4 32.1 ..1.2. 9.0 $3,625 ...4,508... 5.326 6,706 ...8,250 V 12.107 100.0 6.119 b 10.3 ..9.9 10.4 13.2 .19.4 a 16.5 554 88? .1,6004.. 2.000 764 b b 12.5 b b •Jg: 13.7a .13.6 12.3 15.1 22,000 a 5.500a 25.0a 5.580 b b 841 b b $2,900* ...600... 669 1.017 20.0 3.3 Land as a percent of property value Average FHA value of land A glossary of terns used is included i n the Appendix. 15.1 b b a 54.582 124,825 .....147,806 1.654 523.971 New homes Existing homes 61.5 10.2 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less - ...61.2... I t 16.1 2.6 16.1 2.6... ....3.3... 3-3 100.0 Total 100.0 All homes 44.0 7.4 ...32.1 6.4 6.4 ....2.8 .9 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms 85.9 7.7 Other 100.0 3.4 13.3 .30.0. 30.0 3.0 3.9 .. . .1.2 3.7 88.2 100.0 New homes 13.8 68.8 17.I1 403 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more All homes - - 100.0 $86,979 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Percent distribution 82.8 Amount Table 6.—Mortgage as a percent of value, 1940 Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 F H A valuation of property 930,800 194 Existing homes 4.9 89-9 A l l others Total 1934-35 1936 193 7 1938 1939 $31,850 71.150 28,900 114,600 180,900 .....503.400 Percent distribution of amount of 1- to 4-family home mortgages Mortgage companies Insurance companies lone N o garage 1-car garage 2-car garage . . . . . . . . . . . 3-car garage . Number Amount 6 16 8...J 24 37 45,400 ,...119,000.... National banks State banks Garage and car capacity Number Amount Year Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 A l l homes $25,600 55.300 1 $6,250 2 15.850 1...., 5,000.... , , „ J 14 78.000 10 11 26 , . . . . 7 5 * . . . , . . . . 3 8 ^ 1 ^ 0 0 . . . , . . .28 1935 1936 193 7 1938 1939 1940 Property improvement notes Existing homes Amount Number Percent of total Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Total 1930, estimated by F H A Existing homes 6.4 73.3 16.7 6.7 3.3 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 34.6 10.0 53.3 34.6 21.8... ....26.7 10.0 9.0 100.0 Total 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Computation based on fewer than 6 cases. Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 5.2 $23.00* 3.34 a 23-1* 23.4 29-83 2.82 20.5 ....38.9-. ....34.73-•• . . . 2 . 5 1 . . . . ,...18.9 10.4 15.5 36.00 2.09 16.1 2.01 44.57 9.1 7-8.. ....56.OO... . . . . 2 . 0 3 . . . . ...15.6 a 11.9 a 1.46* 5.2 78.75 100.0 37.95 b b 2.25 b b 17.0 b b $ 26.00 a 2.01 a 21.6* 3.3 2.33 18.2 27.67 20.0 ....26.7.. ....32.75..- ...2.09.... ...17.3 2.01a 16.1* 13.3 35.25a 37.00 1.81 13.7 26.7 a 9.2a L . . . . 3 . 3 . . . . . . 35.00 . . 91a • • 93.00® 6.7 1.09 a 8«5 a 100.0 37.07 b b * Data not available. 1.71 b b 13.6 b b HOMES IN METROPOLITAN DISTRICTS DAVENPORT - ROCK 155 ISLAND - MOLINE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 a Number I n central city Outside central city Metropolitan district Increase a Percent 1940 1930, estimated tfy F H A Number For sale or rent Not for sale or rent Percent Total Number Percent of total 143,422 31.573 130,940 24,164 12,482 7.U09 9-5 30.7 41.752 7.807 35.475 5.578 6,277 2,229 17.7 40.0 52 71 716 124 1.7 1.5 42,520 8,002 174,995 155,104 19,891 12.8 U9.559 41.053 8,506 20.7 123 840 1.7 50,522 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes 1935 1936 1937.. 1939 194a. 15 55 ..83. 116 185 • 479* • $ 65.850 213.*75 ...317.700., 1*80,500 766,800 .2,036,600.. 25 25 •.42.. $ 133.850 315.875 ...U71.300.. 114,000 104,700 ...160,300.. 933 3,880,925 3«7 1,300,025 Mortgages: Number Amount ... Projects: Number. Dwelling units Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies None A l l others Table 7—Capacity of garage, 1940 14.1 1.4 13.2 100.0 100.0 Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . , . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 0.2 7.5 .51.2. 28.6 9-9 ..2.2... .4 100.0 20.5 27.3 13.6 ..U.5, New homes Average FHA value of property Average FHA value of land Land as a percent of property value $ 2,500* 3.525 ..4,403... 5.302 6,558 ..8,559... 10,250* $ 300* 382 ...460... 575 827 12.0* 10.8 .10.5 10.8 .1,068 .. 1,500* 4,920 4.878 4,831 541 568 529 $ 3.U33 ..U.373... 5.175 6,500 ..8.563*. $ 428 ....573... 673 817 b ,...875 .. 12.6 .12.5 14.6* 11.0 11.6 11.0 12.5 .13.1 13.0 12.6 .10.2* Existing homes All homes 59-8 65.3 12.7 13.7 . . . 1 3 . 7 . . . . ...63.O ...17.7 3.0 1.4 19.6 13.0 6.5 5-9 . . . . 4 . 4 . . . . . .. .3 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less - 100.0 Total 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Existing homes New homes 75.0 2 4 rooms or less 5 rooms .4 13.6 9-1 7 rooms or more 100.0 100.0 95-8 3 . *4 . . . . Other 1,816,244 Number of rooms New homes Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more All homes 100.0 Wood Brick 4,766 Percent distribution 1- to 4family homes Percent distribution 1-family homes 50.6 43.9 ..5.5 Percent distribution Amount of mortgage as a percent of F H A valuation of property Exterior material Total F H A valuation of property Existing homes $ 295.581 267,683 ...119,723 300,423 317.319 ...515.515 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes 867 672 ...277.. 647 851 .1,452., 5,180.950 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No g 1-car g 2-car garage., 3-car g 1,320 3-2 0.3 16.8 51.1 19.4 ...23.8.... ...IO.7.... ....22.8 20.9 37.2 35-9 8.1 12.7 8.4 Total Garage and car capacity 1934-35 1936 193 7 1938 1939 194 0 $ 199.700 529.350 ...789,000 594,500 871.500 .2,196,900 5* 153 .241.. 141 210 • 521.. Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 .158., 57.7 36.3 5.0.... 1.0 100.0 Total Existing homes 15.9 *3.1 20.5 20.5 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . , 5,000 or more Percent distribution 42.4 .28.0... 10.6 7.6 ..1.3. 1.3 100.0 Average gross monthly payment $ 25.56 29.90 ..33.U7.. 34.66 44.82 ..52.33.. 65.17 32.94 32.85 34.00 $ 28.00* 28.36 32.6 .30.2... . . . 3 3 . U 6 39.50* 46.86. 16.3 46.00*. ..2.3... 4.6 55-50* 4.7 Ratio of property value to income 2.79 2.67 Gross payment as a percent of income 22.7 20.8 ...2.28. 1.96 ...18.0 15.6 1.92 ...1.67., 1.22 16.3 ...14.4 11.0 2.30 2.28 2.14 2.66* 2.34 ...2.23 1.82* ...1.33*.. •93* 18.3 18.5 17.6 25.9* 19.4 ...18.5. 17.5* ...12.3* 7.8* A l l groups: 1940 1.90 100.0 4,880 35.60 618 16.6 12.7 1939 1.77 43.26 5.203 760 17.* 14.6 1.58 k , 758 718 15.3 15-1 38.39 Note: A glossary o f t e r n s used I s included i n the Appendix, • E s t i m a t e d f o r I93O by the FHA on the basis o f the boundaries o f the 1940 m e t r o p o l i t a n d i s t r i c t . * Computation based on fever than 6 cases. A l l groups: 1940 1939 463560 O - 42 - 11 FEDERAL HOUSING ADMINISTRATION 156 DES MOINES METROPOLITAN DISTRICT Table 1.—Census data on population and numfier of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1930, estimated by F H A 1940 159,819 24,154 142,559 18,404 17.260 5.750 12.1 31.2 46,629 6,633 183,973 160,963 23,010 | 14.3 53.262 | For sale or rent Increase N o t for sale or Percent rent Number Number 38,078 *.53* 8,551 2,099 22.5 46.3 124 49 1.539 132 3.2 1.9 48,292 6,814 42,612 10,650 25.O 173 1,671 3.0 55,106 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year Amount Number Number $ 136,900 135 68 346,100 325 34...< . . . . 1 5 9 , 3 0 0 . . . , . . . . 1 4 7 . . . 761,200 161 1,479,100 150 333 1935 1936 1937 1938 1939 1935.-40 *.993.500 1,113 $ 479.150 1,031,449 ....521,000...« 5*3.900 526,600 1,062 3.581.399 Type of institution originating mortgages New homes National banks State banks 1 $ 550,000 Mortgage companies Insurance companies * A l l others 127 Garage and car capacity 160 393 $ 616,050 1.377.5*9 321 483 ....637."- 1,305,100 2,005,700 1934-35 1936 1937 1938 1939 1940 Existing homes 10,889 ^ of homes Pr°Perty 86 to 90 81 to 85 *57«* 2.9 25.9 9.8 51.3 4.2 71 to 75 61 to 70 100.0 Total 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 1.0 21.2 .35-8. 23.1 15.4 1.6 New homes 100.0 Average FHA value of property Average FHA value of land Land as a percent of property value $ 2,756 3.528 ..4,404., 5.3*3 6,566 ....8,84511,231 $310* 331 ...399.. 537 702 .1,000.. 1,494 11.2* 9.* ..9.1 10.1 10.7 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 100.0 4,944 5.207 5.584 16.0 34.6 .19.9. 13.5 10.9 ..3.2. 1.9 $ 2,568 3.502 ...4,410.. 5.337 6,385 a ...8,85O . 10,833 a A l l groups: 1940 1939 1938 100.0 491 540 653 $35* 505 ...715. 826 9*7 .1,360® 1,700a 664 4,406 669 4,5*7 730 *.763 A glossary of terms used i s included i n the Appendix. .11.3 13.3 9.9 10.4 11.7 13.8 14.4 .16.2 15.5 14.8 .15.4* 15.7* Existing homes All homes 100.0 51.7 12.6 25.1 M *.2 •3 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Wood Brick Stucco » « . . » • • • • • . . . . . . i Other Percent distribution Total Table 8—Material of construction, 1940 29.1 64.1 6.8 F H A valuation of property 100.0 Percent distribution 1- to 4family homes 67.4 16.5 ....12.2... ....68.2... 1.8 15.2 11.5 1.9 4.5... .2 .6 1 50 or less - 100.0 3.693.95* Table 6.—Mortgage as a percent of value, 1940 . . Amount of mortgage as a percent of F H A valuation 23.5 19.9 - Total Amount 2,316 $ 720.497 1,880 775.736 426... . . . . 2 0 8 , 9 5 4 456,647 1.356 790,007 2,372 1934-40 8.57*.899 2.175 33.0 31.3 Exterior material Total Number 21.2 17.2 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage Note: Year Amount 1 Table 7.—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Number Percent distribution of amount of 1- to 4-family home mortgages Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Amount A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Total Percent of total Percent distribution 1-family homes Number of rooms New homes Existing homes 89.7 9.5 .8 57.7 26.9 9.0 6.4 100.0 100.0 New homes 4 rooms or less 5 rooms Existing homes 7.1 47.3 47.4 38.7 ....12.1...J ....28.2 1.9 17.3 7 rooms or more 100.0 Total 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 15.1 1939 14.7 1938 15.3 Computation based on fewer than 6 cases. Percent bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 24.27 2.80 22.2 17.5 32.1 29.80 20.9 2.57 ...20.1... ...34.24.... ....2.25.... ....18.7 38.22 1.98 13.2 16.9 1.89 46.04 16.9 11.7 ....2.7... ...53.31.... ....1.5*.... ....14.6 69.23 l.*5 2.7 13.3 100.0 3*«*3 36.38 37.98 2.18 1.98 1.98 18.4 16.5 16.5 8.1 $ 21.00 2.18 19.3 2.01 24.3 26.58 I8.3 ...17.6... ...29.08.... ....1.72.... ....16.1 1.68 10.8 16.1 35.50 19.6 36.3* 1.39 13.2 ....8.1... . . . 3 8 . 1 7 . . . . . . . . 1 . 3 * . . . . . . . . 1 0 . 3 5*. 88 11.5 •98 9.* 100.0 33.6* 36.39 38.35 1.46 1.56 1.38 13.4 1*.9 13.1 HOMES I N METROPOLITAN DISTRICTS 157 METROPOLITAN SIOUX CITY DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Area 1940 I 1930 Number I n central city... Outside central city Metropolitan district Vacant, 1940 Occupied Percent 1940 For sale or rent Increase 1930, estimated by F H A Number N o t for sale or Percent rent 82,364 5.427 79,183 4,592 3.181 835 4.0 18.2 22.859 1.490 19.975 1.159 2,884 331 14.4 28.6 56 54 914 87 3.8 5.3 23.829 1.631 87.791 83.775 4.016 4.8 24,349 21,134 3.215 15.2 110 1,001 3.9 25,460 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Existing homes New homes Number Amount 1935-40 1.615.750 347 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units 36 88 71.... P 60 355 Amount Type of institution originating mortgages 702 2,716,700 New homes - Percent distribution all 1- to 4-family homes Wood Brick Total Average FHA value of property $3,758 ...4,484.. Average FHA value of land ...8,883*. 12,500* $365 ...409.. 538 729 .1.350V 1.750 100.0 5,285 b b 545 b b 27.1 25.4 .16.9. 13.6 11.9 ..3.4. 1.7 $2,603 3.397 ...4,350.. 5.238 6,514 ...8,625® 13.750 • 21.6 .6 !*•• 15.6 9.2 - F H A valuation of property New homes - Land as a percent of property value 9-7 ..9.1 10.0 11.3 .15.2® 14.0® 10.3 b b $344 455 ...595. 700 750 .1.550* 2,250® 584 4,315 b b b b Hot«i A glossary of tsras used is Included In the Appendix. 13.2 13.4 .13.7 13.4 H*5 .18.0* 16.4® a Existing homes 71.2 14.4 9.8... .7 3.2 7... 71 to 75 61 to 70 51 to 60 50 or less 100.0 100.0 920,818 Percent distribution 1- to 4 family homes Amount of mortgage 86 to 90 81 to 85 100.0 Total All homes 52.3 10.3 Iz 13.1 4.2 6.6 6.6... .....2.4 1.4 4.9 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Number of rooms Existing homes # 4 rooms or less 5 rooms 3.9 8.5 7 rooms or more 100.0 100.0 91.5 3-9 Other ..2.0.. All homes 9.8 62.9 New homes 100.0 8.5 ..76.. 398 663 .748.. 2,544 Exterior material 16.8 74.3 g.9 Percent distribution Existing homes Amount 348 1934-35 1936 1937 . . . . 1938 1939 194Q . . . . Percent distribution l-family homes A l l groups: 1940 Number Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for l-family homes, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Year Table 8—Material of construction, 1940 3-car garage New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more $ 165.750 370,650 1,100,950 100.0 Table 7.—Capacity of garage, 1940 F H A valuation of property 44 109 368,200 647.900 Total Total Amount 102 158 A l l others No garage 1-car garage Number $124,050 265,300 203,400... 157.300 188,400 6.2 National banks 65.2 State banks Savings and loan assns..... . . . . 1 9 . 0 . . . 2.4 Mortgage companies 7.2 Insurance companies Hone Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number $41,700 105.350 103.900... 210.900 8 21 .....20.... 49 98 ...151.... 1935 1936 193 7 1938 1939 1940 Total Percent of total Number 79.6 Total New homes Existing homes 43.1 46.4 13.6* 37.3 2.0 15.2 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 3.16 22.8 4.7 $ 25-29 2.74 21.1 30.65 36.0 ....30.0.. ....34.71... ....2.40.... ....18.9 2.00 14.0 34.71 15.3 7-3 1.90 £5.45 15.9 .....3.3., ....1.37®... 1.09 l l 53-43 9.3 100.0 34.82 b b 2.15 b b 17.0 b b $19.00® 2.45® 9.1 19-7* 1.80 23.31 16.1 29.1 ....1.94.... ....16.5 ....36.4^ 2.07* 9.1 " " S i s o * " 19-9a 1.67 39.83 10.9 14. ? a 16.4* .....1.8.. •...56.00^ ....1.83 ... 84.00* .80* 3.6 7.2 a A l l groups: 1940 100.0 32.00 13.5 1939 b b 1938 b b Computation based on fewer than 6 cases. ° Data not available. 1.68 b b 14.8 1) b FEDERAL HOUSING ADMINISTRATION 158 CEDARRAPIDSMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city.. Outside central city Percent 1940 ; 51.743 15.307 U6,191 10,861 5.552 4,446 12.0 40.9 14,930 4,437 Metropolitan district 67,050 57.052 9.998 17.5 19.367 1 Increase 1930, estimated by F H A Number 11.936 2,982 2,994 1.455 25.1 48.8 14,918 4,449 29.8 For sale or rent N o t for sale or Percent rent Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Percent of total P 48 206 77 1.4 1.7 15.159 4,562 71 283 1.4 19.721 Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number 2 6 3 ll 78 ...143 1935 1936 193 7 1938 1939 1935-40 1,234,000 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units $ 59.450 133.000 83,000 416,100 415,800 469 1.768.750 161 534.750 Table 7.—Capacity of garage, 1940 New homes Existing homes 69*3 55.5 67*1 4.6 26.1 2.6 41.9 4.2 28.7 - Total Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9 999 10|000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more A l l groups: 1940 1939 1938 Iota: Average FHA value of property Average FHA value of land 4.607 b b 2.9 $ 2,750a 29.4 3.693 ...41.2... ...4,439.... 11.8 5.238a 14.7 6,820a - 100.0 - 4,614 b b 448 b b $250a 355 g v 940 a a 9.7 b b 9.ia 9.6 ....12.1 11.9 a 13.8 a " 11.8 b b 545 b b A glossary of terns used i s included i n the Appendix. 90 85 80 75 70 a All homes 66.5 17.1 . . . . 9 . 5 . . . . ...82.4 5.1 11.8 1.8 5.8 50 or less 100.0 Existing homes - Total 54.7 14.1 ...22.4 6.2 2.6 - - 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes New homes Existing homes 99.4 91.2 .6 8.8 100.0 100.0 New homes 4 rooms or less 5 rooms Existing homes 48.7 23.5 43.7 38.2 6.3.... ....26.5 11.8 1.3 7 rooms or more 100.0 Total 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Land as a percent of property value _ 8.0 20.9 $ 3.659 $293 ...53.2.H ...4,395.... 439.... ....10.0 9.6 519 15.9 5.3?5 10 6,265 *5 660 9,350a... . . . l , 4 0 0 a 15.0 '•is 100.0 to to to to to New homes Number of rooms Wood Brick Stucco . . . . . . . . . . . . . . . . Other 100.0 Percent distribution 86 81 76 71 61 Exterior material 3-car garage 562.190 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property Percent distribution 1-family homes 43.7 4§.0 .7.3 $ 85,218 73.569 ...22,46l 72,449 133.656 .i7M37 1.677 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes F H A valuation of property All homes - 100.0 100.0 203 222 ...56., 200 413 . W . 1934-35 1936 1937..... 1938 1939 1940.... Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages - Total Total Amount $ 52,100 19 114.350 48 ....66,800....j ....22 106,600 104 100,200 106 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks. A l l others N o garage 1-car garage Number Amount Type of institution originating mortgages Hone Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number $7,350 17 I8.65O 42 16,200.., . . . . 1 9 309.500 28 315.600 28 308 Property improvement notes Existing homes Amount Total Number Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income 25.8 2.92 $ 23-98 43.9 2.63 27.59 ...16.8... ...32.00.... ...2.36 2.02 35-42 7.7 5.8 1.84 43.78 - 100.0 - 28.94 b b " 2.48 b b 8.8 $ 21.67 a 2.79 a 27.50 2.52 23.5 ...32.4... ...26.91.... ...1.99 17.6 1.66 29-83 11.8 2.02 a 44.00* 5.9 100.0 48.50a 30.38 b b Computation based on fewer than 6 cases. * Data not available. .96 a 1.90 b b Gross payment as a percent of income 21.5 19.6 ...17.7 15.9 15.5 - 18.7 b b 19.6 a 19.5 ...15.3 13-3 15.9 a4 9«7a 15.1 b b 159 HOMES IN METROPOLITAN DISTRICTS KANSAS CITY, MISSOURI - KANSAS CITY, KANSAS DISTRICT METROPOLITAN Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city. Outside central city Metropolitan district Percent 1940 1930, estimated by F H A Number N o t for sale or rent Percent 521.603 92,351 -967 21,106 -0.2 22.9 156,289 32,524 140,259 23,93* 16,030 8.590 11.4 35.9 33 X . 214 11,880 1.029 7.1 3.0 168,500 33,767 63^,093 613,95* 20,139 3.3 188,813 j 164,193 24,620 15.0 5*5 12,909 6.4 202,267 Table 3.—Volume of Title I Notes insured % New homes 1935 1936 193 7 1938 1939 1940 87 7*7 1935-40 2,692 Number $401,650 64o 1,104,570 893 ....823,950... ,....432... 4o4 2,510,700 3,652,100 356 Number Amount $2,356,300 3,011,429 ...1,396,325.. 1,410,500 1,188,900 5,804 New homes 2 31 100.0 Total Wood Brick Stucco Other 100.0 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 a . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 a . . . 10,000 or more A l l groups: 1940 1939 1938 0.6 10.8 .25.2., 27.8 31.5 ..3.1. 1.0 100.0 21.0 30.3 .18.9., 12.2 11.8 ..3.7. 2.1 100.0 100.0 Total Average FHA value of property Average FHA value of land $2,792 $282 352 ...563., 694 1,011 .1,356. 1.723 ..J]449.. ..8,493. 11,050 5,*7i 5,656 5,661 $2,487 3.350 ..4,369.. till ..8,566., 14,89* 4,426 4,450 4,409 Land as a percent of property value 10.1 10.0 .12.7 12.8 15.* .16.0 15.6 753 812 859 13.8 $482 19.* I8.9 .21.5 19.7 21.2 .21.0 25.4 ...9^0., 1,052 1,407 .1,799., 3,782 910 918 938 14.4 15.2 20.6 20.6 21.3 ft Estimated 6,832,189 New homes Existing homes 70.9 1*.7 .....7.7... 3.6 2.7 2... .2 100.0 Total All homes ...64.2... 15.5 12.8 ....5.7... 1.8 *9.1 10.1 24.9 7.* 5.9 1.9 .7 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes Itt 5.6... 12.7 Note: A glossary of teras used i s included i n the Appendix, district. Pr°Perty 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 New homes Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 • 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more 10.6 7.6 1*.9 22.0 9.8... ,...13.5 44.3 38.5 16.0 20.9 1.6 .3 Exterior material 11.8 .3 24,268 Percent distribution 1- to 4family homes Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Percent distribution of Table 8—Material of construction, 1940 Table 7.—Capacity of garage, 1940 F H A valuation of property . J Amount of mortgage as a percent of F H A valuation homes 100.0 $1,286,504 1,483,668 •376,777 Table 6.—Mortgage as a percent of value, 1940 Aii Existing homes 11.6 National banks State banks 12.5 Savings and loan assns. . . . , . . . l * . 7 . . . Mortgage companies 36.6 Insurance companies 22.6 Savings banks A l l others 2.0 2 $137,500 Total 23,537,22* Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages *,791 5.389 1934-35 1936 1937. Table 5—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I No garage 1-car garage 2-car garage . . . . . . . . . . . . 3-car garage Amount $2,757,950 727 *.115,999 1.151 59*.•• ...2,220,275 3,921,200 921 *,8*1,000 1,103 , . . 1 , 3 0 8 . . . ...5,680,800 10,672,654 3,112 12,864,570 Table 4.—Rental projects Garage and car capacity A l l homes Existing homes Amount Number Mortgages: Number... Amount. Projects: Number Dwelling units Property improvement notes Mortgages on 1- to 4-family homes ( Year Total Percent of total Number 520,636 113,*57 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Total 1935-40 For sale or rent Increase a a *6.9 15.2 33.0 Xs 100.0 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 16.1 59-3 ....22.1..., 2.5 1.8 46.4 28.9 22.9 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent bution Average gross monthly payment Ratio of property value to income 2.70 3.0 $23.61 28.68 2.*8 20.7 ...33.0... ...3*.20. ...2.31 2.12 37.97 15.1 19.0 *2.90 1.89 . . . . 5 . 9 . . . ...*7.65...j ...1.55 60.00 1.27 3.3 100.0 36.59 38.50 39.71 2.05 2.00 1.95 Gross payment as a percent of income 21.1 19.* ...18.2 16.9 15.* ...13.0 10.7 16.* 16.2 16.* $ 28.2* 26.6 4.2 2.99 26.13 21.3 1.83 17.7 ...26.9... ...28.75..., ...1.58... ...15.* 14.4 32.56 H.7 l.*7 18.8 *1.05 1.53 l*.3 8.1... . . . * 6 . 2 7 . . . . . . . 1 . 2 5 . . . . J . . . 1 2 . 5 60.1* 9.0 1.03 9.7 100.0 35.19 37.35 37.02 1.44 1.37 13.9 1*.2 13.7 for 1930 by the JHA on the basis of the boundaries of the I9U0 metropolitan FEDERAL HOUSING ADMINISTRATION 160 ST. JOSEPH METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 Increase 1930, estimated by F H A Number Percent N o t for sale or rent For sale or rent 75.7U 11,280 80,935 10,584 -5,224 696 -6.5 6.6 21.726 3.156 20,984 2.602 742 55* 3.5 21.3 75 13 1,510 90 6.5 2.8 23.311 3.259 86,991 91.519 -4,528 -*«9 24.882 23.586 1.296 5.5 88 1,600 6.0 26,570 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes New homes Year 1935 1936 4 12 $19,000 48,200 1938 1939 19 11 85,700 52,600 84 358.600 Mortgages: Number Amount Projects: Number Dwelling units Amount 63 $187,750 252,300 ....128,200..., 129,300 97,*00 i93 ••••*9 46 3 .. 308 859,850 nating mortgages New homes 2.9 76.5 National banks State banks Mortgage companies Insurance companies •on® A l l others 100.0 12.5 77.1 10.4 Wood Brick A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . 10,000 or more A l l groups: 1940 1939 1938 Percent distribution Average FHA value of property 231... .30.8.. 46.2 5.338 U.5 6,667* .3.8......8,000 ' 5.117 5*.6 j $2.333. 18.2 I 3,500b .22.7..J...H,350b.. 100.0a 7.250® 3.227 Average FHA value of land Land as a percent of property value 8.4* $300* ...430... 650 867 b .1,000*1. .10.2 12.2 13.0 J .12.5* 11.6 59* 20.7 15.9J $*82 ...688*1. .15.8* 1,500° 20*7 I8.3 589 Votes A glossary of t e n * used i s included i n the Appendix. Data not available. c 11.2 81.8 5.5 78.2 l*.l 7.0 2.2 - a 92,939 12*,608 624,927 New homes Existing homes All homes *6.2 25-0 23.1 12.5 ....19.2.......50.0.......333 13.6 10.* 7.7 3.8 22.7 12.5 9.1... 4.2 4.6 2.1 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60. 50 or less 100.0 Percent distribution 1- to 4family homes 100.0 Total 100.0a 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms New homes Existing homes 92.3 81.8 *.6 .. ,13.6 100.0 Total 7-7 *.5 All homes Amount of mortgage as a percent of F H A valuation of property 7.7 Other 100.0 $119,366 101,253 Table 6.—Mortgage as a percent of value, 1940 Existing homes 100.0» Amount 1.777 1934-40 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more 1,218,*50 29* 292 62..., 260 358 1934-35 1936 1937.... 1938 1939 1940 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes F H A valuation of property 392 65 *2 • ••**9 Number Table 8—Material of construction, 1940 Table 7—Capacity of garage, 1940 Total $206,750 300,500 ....181,100 215,000 150,000 Total No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage ...s 67 Year Amount Percent distribution of amount of 1- to 4-family home mortgages Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity Number Number Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 A l l homes Existing homes Amount Number 1935-40 Total Percent of total Number 100.0a New homes 4 5 6 7 19.2 53.9 19.2... 7-7 rooms or less rooms rooms rooms or more 100.0 Total Existing homes 9.1 59.1 18.2 13.6 100.0a Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 2*.0 * $26.00* 3-28* 3.8 2.*2 27.13 19.3 30.8 ...30.8... . . . 3 3 . 3 8 . . . . ....2.3*........18.2^ 2.21* 7.7 16.6* ?8.50* 1.81* 15.* 49.50* 16.9* . . . 1 1 . 5 . . . . . . 3 7 . 0 0 X . . ....1.2**... 9.7* 100.0 3*.*6 ® 2.02 ® 16.3 ® $ 21.00 * 1.56* 5.3 17.5 b 20.89 *7.3 1#52 n . . . 2 1 . 0 . . . ...22.25*... ....1.18*... ....12.3* 15~8 26*67* . . . . 5 . 3 . . . j . . . 39.00*.., 60.00* 5.3 100.0* 25.ll c 1.15* •73b 1.19 c c 9.5? 7.2* 21.5 e Distribution based oa fever than 26 cases. * Computation based < 1 fever than 6 cases. HOMES IN METROPOLITAN DISTRICTS ST. 161 METROPOLITAN LOUIS DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Area 1940 1930 Number I n central city Outside central city Metropolitan district Increase a a Percent 1940 816.0U8 551.929 821.960 477.018 -5.912 74.911 -0.7 15.7 234,909 150.523 1.367.977 1.298,978 68,999 5-3 385.432 | For sale, or rent Total 1930, estimated by F H A Number Percent N o t for sale or rent Number 214,855 119,009 20,054 31.514 I'3 26.5 431 1,538 16.334 5.951 6.5 3.8 251,674 158,012 333.864 51.568 15.4 1.969 22.285 5.4 409,686 Percent of total Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes Number Amount 1935 1936 1937-. 1938 1939 1940.. 136 399 ...378.1.375 1.983 .2,622., $ 860,750 2,225,830 ..1,995.8906,769,100 9.450.300 .12,153,J+31. 6.893 33.455.301 Mortgages: Number Amount Projects: Number Dwelling units ..2,075.800. 773 1.409 ...916., 3.194,350 2.327.350 ..1,929,800. 2.534 •3,102., 16.458,335 1 3.953 Mortgages insured under Section 207 or 210 of Title I I National banks State banks 18.2 11.4 45.5 17.2 35.1 Mortgage companies Insurance companies 10.9 23-9 18.6 11.1 12.0 22.0 A l l others $ 4,516,613 3.301.277 ....804,445 2.097.593 2,486,682 ..3.615.530 52.153 16,822,140 Table 6.—Mortgage as a percent of value, 1940 All homes 13 13.303 11.485 ..1,948., 6,122 7.406 .11,889. 49.913.636 Existing homes 8.9 8.1 8.8 100.0 100.0 100.0 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property New homes 78.4 8.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less - t l 2.1 k...i .2 Existing homes All homes 65.8 6.8 . . . 1 7.7 ...67.9.... 4.6 14.7 3.5 11.1 1.1 ....4.4.'... 1-9 •5 1,182 - Garage and car capacity Exterior material 6.0 82.0 11 6 .4 Wood Brick Stucco................. Other Total Total 100.0 Percent distribution 0.2 19.6 ..25.723.3 24.8 ...4.0., 2.4 100.0 6.0 22.1 ..24.1., 18.2 19.0 ...5.4., 5.2 100.0 Average FHA value of property $ 2,800 3.510 ..4,488.. 5.421 6,518 ..8,634.. 12,009 5.360 5.591 5.862 Average FHA value of land $ 277 567 ...626., 791 1.025 .1.465., 2,215 823 861 916 $522 668 $2,561 3.415 ..4.404., 5.341 6.633 ..8,626., 12,198 972 1.434 .1,863.. 2,936 5.299 5,600 5.482 1,076 1,112 1.169 ...810., • \ n 15.7 .17.0 18.4 15.4 15.4 15.6 20.4 19.6 .18.4 18.2 21.6 .21.6 24.1 20.3 19.9 21.3 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 12.1 65.9 1..., 21.9 100.0 Land as a percent of property value 100.0 Number of rooms New homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 100.0 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car 3-car garage Total Table 8 — Material of construction, 1940 Table 7—Capacity of garage, 1940 A l l groups: 1940 1939 10,846 New homes Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 2,112 Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 13 $ 5,222,500 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1934-35 1936 193 7 1938 1939 1940.... $3,859,550 6,158,065 ..4,071,690 9.963.450 11,777.650 .14,083,231 Table 5—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 $ 2,998,800 3.932.235 637 1,010 ...538. 737 551 ...480. 33.1 58-5 3.0 5-4 100.0 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 26.1 60.7 15.0 45.9 2.6 18.6 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 Percent distribution Average gross monthly payment 6.6 $ 24.73 26.2 30.45 .31.9.. ...34.68., 14.8 39.00 46.08 13.9 . . 3 . 6 . . ...54.82., 3.0 71.78 100.0 36.99 39-24 40.93 $ 21.86 4.4 17.42 25.3 .24.7.. ...32.19. 36.09 13.6 44.42 16.3 . . 6 . 5 . . . ...51.90., 69.84 9.2 100.0 38.10 40.50 40.98 Ratio of property value to income 2.83 2.59 .2.28. 2.10 1-93 .1.731.48 2.16 2.12 2.12 payment as a percent ' of income 23.5 20.9 .18.7 17.4 16.5 .15.1 12.7 17.9 17.9 17.7 1.20 20.4 19.7 .17.4 16.0 15.5 .14.2 10.7 1.80 1.79 1-67 15.4 15.6 14.9 2.47 2.32 .2.06., 1.90 1.85 .1.68.. Note: A glossary of terms used i s included in the Appendix. * Estimated for I93O by the FHA on the basis of the boundaries of the 1940 metropolitan district. FEDERAL HOUSING ADMINISTRATION 162 SPRINGFIELD, MISSOURI METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city .. Metropolitan district. Percent 1940 Increase 1930, estimated by F H A Number For sale or rent Not for sale or Percent rent Total Number Percent of total 61,238 9.276 57,527 6.136 3.711 3.140 6.5 51.2 18,647 2,306 15,641 1,484 3,006 822 19.2 55.4 58 9 612 81 3.2 3-4 19.317 2.396 70,514 63.663 6,851 10.8 20,953 17,125 3.828 22.4 67 693 3.2 21.713 Tabic 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes Amount 14 39 ..48.. 50 69 . 104.. 1935 1936 19371938 1939 1940* 206,300 223,100 ••394,800... Table 4.—Rental projects Total 1935-40 Mortgages: Number Amount.. Projects: Number Dwelling units 20 14 $ 63,400 161,300 ..212,600... $ 75,600 40,650 304,150 423 1,565,650 Type of institution originating mortgages Existing homes 1 10 Total 100.0 Percent distribution all 1- to 4-family homes Other Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Average FHA value of property Average FHA value of land 100.0 4,361 b I) 25.8 $ 2,019 3.409 35.5 ....12.9.. ...4,125,,•, 5,200a 16.1 6.5 6,938a 3.2 11.750 a U.7 12.3 12.0 14.9 14.1 16.2 a 13.0 1) b 569 b b $376 630 475.... 1,205® 981® 18.6 18.5 3,ooo» 25.5a 23.2 a 14.1® 100.0 3.928 737 I) b b b Note: A glossary of terms used, i s included i n the Appendix. fever than 26 cases. Existing homes a All homes 37.4 29-9 17.9 14.3 ...22.0.... ...25.8.... ...22.7 12.2 16.1 13.0 6.5 19.4 9-1 ....3.2...1 ...32.3.... ....9.1 .8 6.4 1-9 Total 100.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l-family homes New homes Existing homes 65.6 9.8 54.8 25.8 23.8 9.7 100.0 100.0 New homes 4 5 6 7 Existing homes 38.5 12.9 48.4 64-5 ....11.5.... ....12.9 1.6 9.7 rooms or less rooms rooms rooms or more 100.0 Total 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Land as a percent of property value $300 4.9 $2,575 419 32.0 3,408 517.... . . . . 3 5 . 2 . . ...4,316 16.4 5,300 789 6.377 900 10.7g . . ...9,250ft... ...l,500a... 490,312 Number of rooms Wood Brick 5-2 83.I .11.7 Percent distribution New homes Pr°Perty 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Exterior material Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property of Percent distribution l-family homes Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more ^jj Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 71,662 99.590 ..143,486 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation 100.0 100.0 $94,154 66,220 ...15,200 1.732 homes National banks 1.0 0.8 State banks 28.8 28.4 31.3 Savings and loan assns. . . . < . . . 1 7 . 4 . . . . . . . U . 2 . . . . . . . . 1 6 . 4 Mortgage companies 41.3 50.5 39.5 Insurance companies 10.8 11-5 7.0 Savings banks 4 1.9 A l l others 2.2 - 1 $ 36,500 No garage 1-car garage 2-car garage. • 3-car garage 1937., 1938 1939 1940- Table 6—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes 315 241 ..62.. 244 346 .524. 201,950 Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity ...57.200. ...245.600 252,200 274,900 ...452,000 45,900 51,800 17 22 .17.. $ 139,000 34 53 ..57.. 67 91 .121. ...33,000. 1.261,500 324 Amount Amount Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 . 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 18.8 1939 b 1938 b Computation based on fewer than 6 cases, Percent distribution Ratio of property value to income Average gross monthly payment Gross payment as a percent of income $ 18.88 14.4 19.2 2.71 38.1 17.2 24.73 2.26 ...26.3... ...30.39.... ....2.15.... ....16.4 6.8 14.4 32.13 1.75 7.6 40.11 14.5 ....5.1... ...38.83.... ....10.8 32.50® .69*** 1.7 5«5 a 100.0 27.90 1.99 b b •fo b $ 24.00a 9-1 25.67 40.9 . . . . . 1 8 . 2 . . . .24.50® 21.00® 9-1 39.00® 4.5 9.1 100.0 C 66.50® 3.00® 2.16 ....1.38®... 1.25® I.83® ,...1.50a... 1.43® 32.73 b Data not available. c 15.3 b b 22.3 a 17.4 13.la 9«3a 15.6a 18.4a 12.7a 15.2 1.71 b b b h Distribution based on 163 HOMES IN METROPOLITAN DISTRICTS LINCOLN METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 Number I n central city Outside central city Metropolitan district 1930, estimated by F H A 1930 Percent 1940 Increase Number For sale or rent Not for sale or Percent rent Number 81,984 6,207 79.592* 6,248 2,392 -41 3.0 -.7 24,671 985 21,076 a 888 3.595 97 17.1 10.9 95 2 1.225 33 4.7 3.2 25.991 1,020 88,191 85,840 2.351 2.7 25.656 21,964 3.692 16.8 97 1,258 U.7 27,011 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes New homes Year 4 15 1938 1939 1940 1935-40 Existing homes Amount Number 1935 1936 Number 3* 121 159.000 575.200 318 1,507,200 1,099,400 317 National banks State banks Savings and loan assns Mortgage companies Insurance companies New homes 0.7 4.6 100.0 Total Wood Brick •5 Other 100.0 Percent distribution Amount of mortgage as a percent of F H A valuation of property Percent distribution 1- to 4family homes New homes Average FHA value of property Average FHA value of land Land as a percent of property value Existing homes All homes 100.0 Total 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms 60.1 22.7 Total 682,956 44.4 71.9 7.7 12.5 7.8... L...77.2... ...34.3 11.4 6.8 3.9 4.4 5.1 3.9 ,....5.1... ....1.9 1.2 .5 - 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 New homes 2.9 78.7 108,290 2.256 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property All homes 3.2 - 100.0 $ 120.377 ....28.545 70.327 141,503 ...213,914 Table 6.—Mortgage as a percent of value, 1940 1.6 3-5 "22I' 447 ..704. 2,606,600 635 Existing homes 436 362 1934-35 1936 193 7 1938 1939 1940 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Total 42 $ 137,800 264,500 74 6 2 . . . . ,....253,000 306,800 77 837.500 191 Table 8—Material of construction, 1940 Table 7—Capacity of garage, 1940 3-car garage Amount ....56.8... . . . . 1 2 0 . . . ,...42.8 22.6 10.8 61.6 41.6 32.5 A l l others N o garage 1-car garage Number Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages None Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount ... Projects: Number Dwelling units Amount $ 118,900 38 194,400 59 35.... .....122,500... 147,800 262,300 70 $ 18,900 70,100 Table 4.—Rental projects Total 1935-40 Total Percent of total Existing homes 57.9 14.5 17.2 10.5 100.0 100.0 New homes 4 5 6 7 Existing homes 9 25.8 51.6 26.3 ....18.0..., ...36.9 4.6 32.9 rooms or less rooms rooms rooms or more J' Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower Average gross monthly payment Percent distribution Ratio of property value to income Gross payment as a percent of income b New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more A l l groups: 1940 1939 1938 Bote: 0 9-3 $3.6*2 ...35.2... ...4,443 5.35* 21.9 6.571 29.7 . . . . 3 . 1 . . . ...8,788®. 10,000* .8 100.0 5.378 c c $427 11.7 "504..., . . . 1 1 . 3 602 11.2 771 b 1,700 ...11.1* 17.0* 622 c c 10.5 $406 $ 2,600 495 36.8 3.184 707..., ...19.7... ...*,587 , 5.30* 917 15.9 6,844 1.175, 10.5 b ...1,125 . . . . 5 . 3 . . . ...8,500 b 12,500 2,000* 1.3 100.0 4,5&2 c e 719 c e 11.6 c e 15.6 15.5 15.4 17.3 17 2 ' b 13.2° 16.0 * 15.9 e c New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 #4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 3.2 2.85* $27.25b 26.4 33.18 2.58 ...24.8.. ...37.10... ...2.21 17.6 42.05 2.14 19.2 47.04 1.79 ....5.6.. ...60.86... 1.12* 3.2 51.25 100.0 40.31 c c 2.05 c c 24.0* 22.6 ...19.5 18.7 16.4 ...16.8v 10.5* 18.3 c c $ 22.80* 2.47* 22.3* 6.9 2.00 26.86 18.3 19.4 ...26.4... ...32.7*.... ...1.87 ...17.5 14.1 32.36 15.3 13.H 39.30 13.9 . . . 1 2 . 5 " ...51.00..., . . . 1 . 5 9 . . . . . ...14.2 1.22* 10.6* 57-25* 5.6 100.0 35.UO c 0 1.64 c e 15.0 c e k glossary of terns used I s Included in the Aopendix. » X s t i a a t e d for I93O by THJL on the basis of the boundaries of the 1940 c e n t r a l c i t y . Computatlon based on fewer than 6 cases. c Data not a v a i l a b l e . FEDERAL HOUSING ADMINISTRATION 164 OMAHA - COUNCIL BLUFFS METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1930 1940 Number I n central city Outside central city. Metropolitan district Percent 1930, estimated by F H A 1940 265.283 22,415 256.05* 17.797 9.229 4,618 3.6 25-9 73.835 5.972 287.698 273.851 13.847 5.1 79.807 | For sale or rent Increase N o t for sale or rent Percent Number Number 65.*29 *.3*8 8,*06 1.624 12.6 37.* 120 49 4,002 190 5.1 3-1 77.957 6,211 69.777 lp.030 1*.* 169 4,192 5.0 84.168 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I M( jrtgages on 1- to 4-family homes Year 18 59 71.... 186 213 1935 1936 193 7 1938 1939 $81,950 299.900 356,500... 884.999 955.300 870 1935-40 Mortgages: Number Amount Projects: Number Dwelling units 135 216 135... 309 225 273••< *.113.3*9 Mortgages insured under Section 207 or 210 of Title I I National banks State banks Savings and loan assns. . . . . Mortgage companies Insurance companies Savings banks A l l others Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more New homes 11.6 .5 33.1 55.9 31.0 56.9 - - 100.0 0.2 10.* .37.5. 22.5 23-3 ..3.2. 2.9 100.0 11.9 33.7 .22.6.. 12.9 13.5 ..3.6.. 1.6 100.0 32.3 56.3 - 86 81 76 71 61 51 50 Average FHA value of property $ 2,500® . M ...8.736. 12,*95 5,*6O 5.278 5.584 $2,625 3.*aS f P" 11,800® Average FHA value of land *250» 446 ....5*7.. 706 S13 ..1,186.. 1.675 686 654 695 $*5l 539 ....675.. 885 1.027 ..1.645., 1.630® Land as a percent of property value 10.0® 12.0 .12.3 13.2 12.1 .13.6 13.* 12.6 12.4 12.4 17.2 15.7 .15.5 16.5 15.4 .18.4 13.8® Percent distribution 1- to 4family homes New homes 16.2 Existing homes All homes I: I Total 100.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 5.8 65.3 13.9 ,16.2 *.6 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more Total Existing homes Ij 6.3 39.3 ....31.0 23.* 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 17.0 a Distrbuonaed fwrthan26es.*Computation based on fewer than 6 cases. 15.9 3.*33.76l Number of rooms 72.3 21.0 Total $ 598,395 507.267 90,222 672.673 7*7.875 817,329 6*.0 3*. 5 11.* 6.4 ....l*.3... .'...71.I... ....*0.1 1 6.3 15.3 l>0.5 11.0 3.73 . . . 2.6... to 90 to 85 to 80 to 75 to 70 to 60 or less 100.0 New homes Wood Brick Stucco Other 1.756 1.253 2*9.. 1.95* 2,22* ....2,62*.. 10,060 Amount of mortgage as a percent of F H A valuation of property Exterior material 16.3 71.3 12.3 .1 Percent distribution 10.1 1.3 100.0 Amount Table 6.—Mortgage as a percent of value, 1940 All homes ' 1 Number 1934—40 8.599.*19 Existing homes 9.2 1.8 100.0 4.566 728 4,442 718 1.332 738 Note: A glossary of terns used Is Included i n the Appendix. A l l groups: 1940 1939 1938 1934^35 1936 1937 1938 1939 1940 1.927.299 l,73*.*oo Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 2.163 $ 5*3.*00 1,0*8.120 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Total 153 275 206... 495 438 596... 1.042.300 779.100 Year Amount Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 N o garage 1-car garage 2-car garage . . . . • • . * . • • 3-car garage Number $461,450 748.220 4,486,070 1.293 Type of institution originating mortgages Sone Garage and car capacity Amount A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number Amount Number Property improvement notes Existing homes New homes Total Percent of total Percent bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 27.00 5.6 3.05 2*.7 31.91 2.55 21.7 25.2 ....25.6.. ,...36.*3... ,...2.30.... ...19.6 *0.80 18.1 2.09 15.9 1.86 16.5 17.1 *5.75 7.2.. ....53.65... . . . I . 6 5 . . . . ...1*.5 12.6 76.18 l.*7 3.* 100.0 39.65 39.28 *1.53 2.08 2.06 2.27 17.9 18.1 20.3 2.30 19.6 $21.67 6.3 18.6 2.07 27.07 25.3 ,...2*.7.. ,...3p.23... ,...1.76...., ...15.9 l*.6 3*. 81 1.72 15.* i*.6 l*.l 1.56 39. *8 ...13.1 7 . 6 . . , , . . . 4 8 . 7 3 . . . ...1.44 57. *o 1.05 9.* 6.9 100.0 3*. a 3 * . 90 3*.*7 1.62 1.70 1 59 1*.5 15.7 15.1 HOMES IN METROPOLITAN DISTRICTS SHREVEPORT 165 METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city.. Outside central city Metropolitan district Percent 1940 Increase 1930, estimated by F H A Number For sale or rent N o t for sale or Percent rent 67,833 9,916 64,120 7,559 3.713 2,357 5.8 31.2 20,460 2,245 17,424 1,UU9 3,036 796 17.4 54.9 42 18 1,149 151 I'' 6.3 21,651 2,4l4 77.749 71.679 6,070 8.5 22,705 18,873 3, s 32 20.3 60 1,300 5.4 24,065 Table 2 — N e t volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured M<jrtgages on 1- to 4-family homes Year New homes Number 1935 1936 193 7 1938 1939 1940 80 $ 223,350 276,735 169,900..., 177.500 220,700 3U... ,....I?3,4OO... li 387 1,191,585 Type of institution originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies 1 $ 24,000 1 Total F H A valuation of property Hot*t 1938 1939 1934-40 15.C 6.6 177?. • . . . . 3 2 T 5 21.4 12.5 48.4 45.7 - 2.073 574.115 Table 6.—Mortgage as a percent of value, 1940 5.2 « Amount 265 $70,661 407 116,303 83..., ....29,736 278 69.274 471 133,991 ...154,150 1934—35 1936 3.470,085 916 All homes 100. c - Amount of mortgage as a percent of F H A valuation' of property 86 81 76 71 61 to to to to to Percent distribution 1- to 4family homes New homes 90 85 80 75 70 74.0 8.8 10.5-. 4.1* 1.7 6.. Existing homes All homes 60.8 7.2 ...75.6...J . . . 2 2 . 1 4.9 12.2 4.5 3.6 100.0 1C0.0 50 or less .30.1.. 23.5 16.2 ..2.8.. 1.7 300.0 10.3 23.1 •3C.7-. 17.9 15.3 2.7 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms New homes Wood Brick 77.7 5.0 Other 5.6 Total Percent distribution 1-family homes 100.0 20.1 100.0 Exterior material 6.3 79.3 lU.U Percent distribution 100.0 Table 8—Material of construction, 1940 Total Average FHA value of property Average FHA value of land Land as a percent of property value $ 2,720 3.^58 ..A,519-. 5.392 6,366 ...8,560* 15,200 f t $ 2«=,0 9.2 s.7 ..9.5 9.2 9*8 .10.5* 13.6a 5,001 b b $ 2,588a 3.328 P 495 626 . . . 900 a . . 2,067a 4gi 6.375 $ 263 a 433 ...U15.. 557 779 10,000a 3,000 4,540 b b 9.6 b b 10.2® 13. C -9.7 10.5 12.2 30. C" 12.1 b b 551 b b A glossary of t e r a a used is included i n the Appandix. Number $ 282,000 461,835 ,,.4i6,4oo 600,950 826,300 882,600 Existing homes Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 95 151 1C4.., 155 202 209... New homes ....34.9.. 11.1 48.8 A l l others Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Year Amount 10 Table 7—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Number Percent distribution of amount of 1- to 4-family home mortgages Total Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Amount 31... 2,278,500 Table 4.—Rental projects Total 1935-40 Number Amount 529 1935-40 Property improvement notes Existing homes $ 58.650 11 185,100 55..., 246,500...] 102 423,450 605,600 134 . . . . 1 7 5 . . . .....759*200 .. Total Percent of total Number a Existing homes 82.0 2.6 12.3 2.6 100.0 lOOoO New homes 4 5 6 7 Existing homes rooms or less 2.6 27.9 rooms 4l.0 54.8 r o o m s . . . . • • • • • • • • • • . . . . . . . 1 1 , 7 . . . . ....30„8 rooms or more 25.6 5.6 Total 10C.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment 9.8 • 22.4 ...32.2... 12.0 16.1 ....2.3.- .... 5.2 100.0 9.1 Gross payment as a percent of income 23.41 30.62 36.ll... 39-38 75.29 49.75 •J 76.78 2.60 21.7 2.35 20.8 2.18.. . . . . 1 9 . 1 1.92 17.4 1.74 16.2 I.36 . 13.5a 1.57 l4.9 37.93 1) b 1.99 b b 42?4 $ 29.21 ...21.2... ....30.43 .. 12.1 l4.ooa 45.50* 12.1 100.0 Ratio of property value to income 55.00® 34.70 b b Computation ba**d on f * w * r than 6 c a t * * . * Data not a v a i l a b l e . 2.20 1,89... 1.60 a 1.78a ,1.17a 1.0C a 1.69 b b 17.9 b b 15.1a 16.3a 11.fia 9.2 a 15.2 b b FEDERAL HOUSING ADMINISTRATION 166 WICHITA METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 a Number I n central city Outside central city Metropolitan district Increase a Percent 1940 114,966 12,342 111,110 8,264 3.856 4,078 3-5 49.3 34,781 3.386 127,308 119.374 7.934 6.6 38,167 | For sale or rent Number Percent Not for sale or rent Number Percent of total 29.938 2,072 4,81*3 1,314 16.2 63.4 57 28 1,607 79 4.4 2.3 36,445 3.493 32,010 6,157 19.2 85 1,686 4.2 39.938 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number Number 68 $ 266,950 159 211 842,540 147 140.... ....588,550 ....38 797,800 198 1.195.500 294 60 ..1,616,000.... 1935 1936 193 7 1938 1939 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I 1,482,065 National banks State banks Savings and loan assns. Mortgage companies Insurance companies $ 81,500 2 Garage and car capacity 1934-35 1936 373 242 46.... 322 982 1938 1939 6,789.405 3.3 .6 3-0 100.0 100.0 86 81 76 71 61 to to to to to Wood Brick Stucco...••«»».».••.... Other Total 50 or less 10.0 34.5 .26.8.. 14.7 12.8 ..1.2.. 28.0 30.0 .14.0.. 6.0 10.0 ..6.O.. 6.0 100.0 Total Total Average FHA value of property Average FHA value of land Land as a percent of property value $ 2,728 3.467 ..4,402... 5,308 6,704 ..8,950*.. 627 h .1,120®.. .12.5® 4,393 4,702 4,622 415 469 485 9.4 10.0 10.5 $ 2,443 3.532 ..4,279... 5.658* 7,185* ..8,667*. 11,800* $364 487 .1,086... 567* 860* ...867*. 1,483* 14.9 13.8 .25.4 9-3 9-2 ..9.8 9.0 9 477 \ 10.0* 12.0* .10.0* 12.6* 100.0 661 4,629 4,308 639 4.046 587 Hote: A glossary of terms used I s Included I n the Appendix. d i s t r i c t . * Confutation based on fever than 6 cases. 79.9 14.57 . . . . a All homes 100.0 100.0 Percent distribution l-family homes New homes 74.0 24.0 2.0 4 5 6 7 4.9 100.0 $253 320 ...433... Existing homes Table 9.—Size of home, 1940 Existing homes New homes 100.0 Percent distribution New homes Number of rooms Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property Percent distribution 1- to 4family homes Percent distribution l-family homes 2.3 70.4 27.3 992.592 80.5 71.9 10.6 9.7 ....6.4.... ...61.5.... ....12.1 3.7 1.8 19.3 1.4 9.6 •5 ....9.6.... 1.0 .2 .2 90 85 80 75 70 Table 8.—Material of construction, 1940 Exterior material $ 150,061 83.079 20,260 77.916 273.534 3.238 1934-40 Amount of mortgage as a percent of F H A valuation of property All homes 100.0 Percent distribution all 1- to 4-family homes Amount Table 6.—Mortgage as a percent of value, 1940 0.1 1-3 0.5 •5 ....39.2... ....39.4,.. ....39.2 49.8 5O.5 43.3 15.4 7.4 6.5 A l l others No garage 1-car garage 2-car garage . . . . . . . . . . . . 3-car garage Number 32 Table 7.—Capacity of garage, 1940 A l l groups: 1940 1939 1938 1,807 Existing homes New homes Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more Year Amount Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 2 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more Number Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 478 5.307.340 1.329 A l l homes Amount $ 489,850 $ 756,800 227 396,965 1.239.505 358 . . . . 1 2 2 , 0 5 0 . . . . . . . . 1 7 8 . . . . ....•710,600 116,000 230 913,800 354 1.396.400 200,900 . . . . 4 6 0 . . . . ..1,772.300 ¥ 1935-40 Property improvement notes Existing homes Amount Total 1930, estimated by F H A 100.0 Existing homes 22.8 10.0 62.7 40.0 ....13.1.... ....30.0 1.4 20.0 rooms or less rooms rooms rooms or more 100.0 Total 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more A l l groups: 14.3 14.8 14.5 Estimated for 1930 by the 1HA distrf bution Average gross monthly payment Ratio of property value to income 11.2 $21.96 2.47 26.96 2.15 33.7 ...24.3... ...31.92.... ...1.96 10.5 41.09 1.77 16.1 42.68 1.72 ....1.6... ...56.00.... ...I.56 2.6 1.14 50.09 100.0 32.69 34.66 34.28 10.9 $ 19.00* 21.14 15.2 ...23.9... ...26.64 8.7 1 27.75* 39*88 17.4 15.2 80.86 1.90 1.76 1.76 2.27* 1.80 ...1.53 . . . . 1.22* 1.51 ...1.37*.... 1.14 Gross payment as a percent of income 20.1 18.5 ...17.3 18.4 15.5 ...15.1 10.2 17.0 15.7 15.4 18.7* 15.0 14.5 11.7* 14.4 12.8* 11.4 1940 100.0 37.43 1.39 13.1 1939 1.36 32.67 12.7 1938 34.58 1.40 14.1 on the basis of the boundaries of the 1940 metropolitan WEST SOUTH CENTRAL GEOGRAPHIC DIVISION Oklahoma, Arkansas, Texas, and Louisiana comprise the West South Central Geographic D i vision. As a group they contain 9.9 percent of the total United States population, or 13,064,525 persons, of whom 8,013,569 are nonfarm. O f these, 3 235,221 live inside metropolitan districts. West South C e n t r a l Division P o p u l a t i o n i n 1940 Percent of U n i t e d States Total Nonfarm M e t r o p o l i t a n districts . - . P o p u l a t i o n density per square m i l e 13, 064, 525 8, 013, 569 3, 235, 221 30.3 United States Percent 9.9 Percent 100.0 100.0 61.3 24.8 100.0 77.1 47.8 44.3 There are sixteen metropolitan districts located principally or entirely inside this division. The population of that portion of the metropolitan districts located inside the boundaries of the Division constitutes only 24.8 percent of the total population as compared w i t h 47.8 percent for metropolitan districts i n the Nation as a whole. I n only two other geographic divisions, the East South Central and the Mountain, are the metropolitan districts of less importance, 20.6 percent and 18.6 percent, respectively. The West South Central Division and the metropolitan districts i t contains are shown on the map on the following page. The West South Central Division is not preponderate^ urban. The nonfarm population, composed of the inhabitants of the metropolitan districts and the smaller cities and towns, constitutes only 61.3 percent of the total as compared w i t h 77.1 percent for these places nationally. Only i n the East South Central Division does the nonfarm population represent a smaller segment of the Division total, 51.1 percent. The metropolitan districts of the West South Central Division constitute only 40.4 percent of the D i vision total of nonfarm population as compared w i t h 62.0 percent for the nation. W i t h 14.5 percent of the land area of the United States and w i t h only about 10 percent of its population, the population density of the D i v i sion is only 30.3 persons per square mile as compared w i t h 44.3 f o r the nation as a whole. Economic characteristics. The West South Central Geographic Division is p r i m a r i l y agricultural i n character. F a r m i n g produces twice as much private income as manufacturing. Trade, transportation, and the service occupations follow in order. The economic activities of the several metropolitan districts i n this Geographic Division vary. Some are located inland, while some are seaports. Some are primarily industrial i n nature, and some are p r i m a r i l y distributing centers. A discussion of the basic economic nature of each follows. The single metropolitan district entirely contained i n Arkansas is Little Rock, the capital of the State. Besides its activity as a center of government, i t is the major distributing point for the central portion of the State. I t s manufactures include lumber, lumber products, and cottonseed oil. I t is the principal southern shipping center for the bauxite ore used i n the manufacture of aluminum. Both New Orleans and Shreveport are located entirely w i t h i n the State of Louisiana. New Orleans, the larger of the two, is the major G u l f port in point of tonnage and is one of the largest ports i n the United States. I t is the principal commercial and financial city i n the lower Mississippi region. New Orleans is second only to New Y o r k City as a coffee importing and roasti n g center, and plays a principal part i n the soft wood lumber commerce of the South. I t is a shipping center to the entire United States for the banana imports f r o m South America, The major industries of the Shreveport Metropolitan District are petroleum refining, the processing of rough and finished lumber, and the manufacture of glass. Shreveport is a distributing center for a large agricultural region. Barksdale Field, a large A r m y air base, is located just a few miles outside the city. 167 168 FEDERAL H O U S I N G 1940 METROPOLITAN DISTRICTS IN THE WEST SOUTH CENTRAL TULSA " 1 OKLAHOMA AMARILLO k FORT WORTH * EL PASO SAN L = A i WITH OR AREA OF M E T R O P O L I T A N AN AGGREGATE MORE IN T H E CORPUS CHRISTI DISTRICTS P O P U L A T I O N OF 5 0 , 0 0 0 CENTRAL CITIES ANTONIO CITY DIVISION ADMINISTRATION HOMES I N METROPOLITAN 169 DISTRICTS brooms and mattresses. Dallas, the second largest metropolitan district i n the State, manufactures cotton ginning machinery, flour, Portland cement, saddlery, and harness. I n the E l Paso Metropolitan District there is petroleum refining, cotton pressing, and cotton textile manufacturing. Fort W o r t h is one of the great livestock and meat packing centers of the Southwest. I t contains, in addition, large railway shops, flour mills, and numerous oil equipment supply firms. There is a large trade i n cotton at Galveston w i t h a considerable volume shipped abroad. Cement is manufactured, and there is flour milling. The largest metropolitan district i n Texas, Houston, manufactures equipment for the oil industry, w i t h refineries f o r oil, cottonseed oil, and sugar production. There are also plants f o r the processing of rice. San Antonio manufactures machinery for cotton ginning, and oil well d r i l l i n g and pumping. O i l refining contributes prominently to the economic background. The city is administrative headquarters f o r a large number of persons and firms operating i n the oil fields of the territory. The metropolitan district of San Antonio derives much income f r o m the large and varied U n i t e d States Government m i l i tary establishments nearby. These include F o r t The metropolitan districts of Oklahoma City and Tulsa are both located entirely inside the State of Oklahoma. Oklahoma City is the State capital and the major distributing center for the State. There are large oil refineries and cottonseed oil plants. Other industries include cotton textile and flour mills. The refining of petroleum constitutes the major activity of Tulsa. There are numerous oil equipment supply firms. I t is a cotton shipping center. A l l of the eleven metropolitan districts i n Texas are located entirely w i t h i n that State. The Amarillo Metropolitan District is mainly a dist r i b u t i n g and servicing .center for the Northwestern section of the State. I t s industries include meat packing, creameries, cottonseed oil, and sash and door plants. There are also zinc smelters and railway shops. Austin is the capital of the State and the site of the State University. O i l refining and f r u i t and vegetable canning are the principal industries. The Beaumont-Port Arthur Metropolitan District is an oil refining and oil shipping center. Other industries include rice processing and lumber milling. Corpus Christi is a distributing center f o r the surrounding region. I t s industries include oil refining, t i n work, cottonseed processing, and the manufacture of Population, Occupied Dwelling Units, and F H A Activity in West South Central Metropolitan Districts Occupied d w e l l i n g u n i t s enumerated i n the 1940 Census Metropolitan district E s t i m a t e d increase 1930-40 Population i n 1940 Number in 1940 Number L i t t l e Rock, A r k . N e w Orleans, L a . Shreveport, L a O k l a h o m a C i t y , Okla. T u l s a , Okla. A m a r i l l o , Tex.a A u s t i n , Tex.» Beaumont-Port A r t h u r , Tex. Corpus C h r i s t i , Tex Dallas, T e x . b E l Paso, Tex.b F t . W o r t h , Tex.b Galveston, Tex. H o u s t o n , Tex.« San A n t o n i o , Tex.b Waco, Tex.a 126, 724 540, 030 .112, 225. 221, 229 188, 562 __53, 463. 106,193 138, 608 ..70, 677. 376, 548 115, 801 .207,677. 71, 677 510, 397 .319,010. 71,114 D i v i s i o n t o t a l «__ 3, 229,935 140 d i s t r i c t t o t a L . 62, 965, 773 a Occupied d w e l l i n g Occupied d w e l l i n g « Each c o l u m n t o t a l i n t o adjacent geographic b 34, 691 144, 593 .30, 647. 63,958 53, 678 .14,946. 26, 863 37, 497 .18,962. 107, 268 28, 291 .59, 638. 19, 513 141, 381 .81,341. 19, 333 2,600 17, 220, 831 6, 906 24, 575 .8, 467. 12,928 6, 544 .3, 312. 9,826 6,088 10,950 28, 598 830 13,878. 4, 625 53,325 15, 396.. 3, 376 209, 624 Percentage increase, 1940 over 1930 24.9 20.5 .38. 2. 25.3 13.9 .28.5. 57.7 19.4 136. 7. 36.4 3.0 .30.3. 31.1 60.6 ,23. 3. 21.2 31.1 1- to 4-family home mortgages accepted for F H A insurance, 1935-40 O n new homes O n all homes Number A s a % of all occupied dwellings i n 1940 941 1,123 .1,611. 3, 507 3,143 ...859. 1,059 1,718 .1,676. 7, 417 541 .2, 251. 257 7, 544 .3, 737. 201 .5.3. 5.5 5.9 .5.7. 3.9 4.6 .8.8. 6.9 1.9 .3.8. 1.3 5.3 .4. 6. 1.0 37, 585 4.3 546,842 Number 565 773 .1,435. 2, 752 2, 455 -..799. 970 1,569 .1,619. 6,438 497 .1,818. 230 7,000 .3, 022. 194 32,136 358, 587 u n i t d a t a for 1930 were estimated on a basis a p p r o x i m a t i n g the boundaries of the m e t r o p o l i t a n d i s t r i c t as established i n the 1940 Census. u n i t data for 1930 were estimated on the basis of the boundaries of the m e t r o p o l i t a n d i s t r i c t as established i n the 1930 Census. is based u p o n the s u m m a t i o n of the figures of the m e t r o p o l i t a n districts i n their e n t i r e t y , i n c l u d i n g m i n o r d i s t r i c t parts w h i c h s p i l l over divisions. 170 Sam Houston, Randolph Field, Brooks Field, K e l l y Field, Duncan Field, Camp Bullis, Camp Stanley, and a United States arsenal. Waco manufactures cotton textiles, men's clothing, wagons and carriages, saddlery, and harness. F H A activity. As determined by the 1940 Census there were 882,600 occupied dwelling units of all types inside the sixteen metropolitan districts located predominantly w i t h i n the West South Central Geographic Division. Through December 31, 1940, the F H A had accepted mortgages for insurance on 4.3 percent of these, or 37,585 small homes, a substantially larger proportion for the F H A than the average of only 3.2 percent of the dwelling units w i t h i n the 140 metropolitan districts of the United States. As might be expected, the proportion of homes financed under the F H A Plan is not u n i f o r m for the various metropolitan districts of the West South Central Division. F o r example, F H A small home mortgage acceptances constituted 8.8 percent of the occupied dwelling units w i t h i n the Corpus Christi Metropolitan District and but 0.8 percent in the New Orleans Metropolitan District. I n the Dallas Metropolitan District F H A ' s share was 6.9 percent, i n the Houston Metropolitan District 5.3 percent, and i n the San Antonio Metropolitan District 4.6 percent. O f the occupied dwelling units of all types added w i t h i n the sixteen metropolitan districts of the West South Central Division during the decade 1930-40, the F H A accounted f o r 15.3 per- FEDERAL H O U S I N G ADMINISTRATION cent by accepting mortgages for insurance on 32,136 new, small homes between 1935 and 1940. This was a larger share for the F H A than the average of 13.1 percent of the dwelling unit additions i n all the 140 metropolitan districts of the United States. Nearly six out of every ten dwelling units added i n the E l Paso Metropolitan District, 59.9 percent, were financed w i t h F H A insured mortgages. I n the Tulsa Metropolitan District F H A ' s share was 37.5 percent, i n the Beaumont-Port A r t h u r Metropolitan District i t was 25.8 percent, and i n the Amarillo Metropolitan District 24.1 percent, and i n the Dallas and Oklahoma City Metropolitian Districts i t was 22.5 percent and 21.3 percent, respectively. On the other hand, F H A acceptances of new, small home mortgages represented only 5.7 percent of the dwelling units added i n the Waco Metropolitan District, 5.0 percent i n the Galveston Metropolitan District, and 3.1 percent in the New Orleans Metropolitan District. Individual metropolitan districts. Presented on the following pages are F H A and Bureau of the Census data for each of the sixteen metropolitan districts located principally or entirely w i t h i n the West South Central Geographic D i v i sion. A consideration of some analytical uses of these data appears at the beginning of this section. A n explanation of the terms appearing in the tables may be found i n the Appendix Glossary. HOMES I N METROPOLITAN DISTRICTS LITTLE 171 ROCK METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Percent Number I n central city Outside central city Metropolitan district 1930, estimated by F H A 1940 Increase Number Percent N o t for sale or rent For sale or rent Number Total Percent of total 88,039 38,685 81,679 3l.*58 6.360 7.227 7.8 23.0 2*.673 10,018 20,026 7.759 *,6*7 2,259 23.2 29.1 72 27 7*8 162 2.9 1.6 25.*93 10,207 126,72* 113.137 13.587 12.0 3*.691 27.785 6,906 2*.9 99 910 2.5 35.700 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for F H A insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Property improvement notes Existing homes Number 1935 1936 1937., 1938 1939 1940.. $ 72.100 27*.050 ..175.000. 311.100 591.*00 ..972.700., 11 ..47.. 76 132 .229.. 565 2.396.350 Mortgages: Number Amount ... Projects: Number Dwelling units 102 ..61.. V $ 320,850 239.5*0 ...1^7,600., 175.300 178,600 ...2*0,300.. 117 129 ..90., 126 189 .290. $ 392.950 513.590 ...322.600 486,400 770.000 .1,213,000 376 1.302.190 9*1 3.698,5*0 50 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages New homes *.l a.i 9.5... 29.2 36.1 - 1 100.0 Total Table 7—Capacity of garage, 1940 Total New homes: $2,999 or less 3,000 to $3,999 4,000 t o 4,999 . . . 5,000 t o 5,999 6,000 to 7,999 8,000 t o 9,999 . . . 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 t o $3,999 4,000 to 4 , 9 9 9 . . . 5,000 t o 5,999 6,000 t o 7,999 8,000 to 9,999 . . . 10,000 or more Wood Brick Other 100.0 Total Average FHA value of property % 2.672 3.3*0 .20.2.. ....*,292., 1*.9 5.*58 20.2 6.616 ..3.5. ..9.09*., 2.2 23.580* 12.5 26.5 100.0 5,060 5.083 5.187 $ 2,472 *2.0 3.268 .12.9. . . . . 4 , 2 3 8 . . 12.9 5.*25 4.8 7.083 ....8,71*.. 10,000 l*.5 Average FHA value of land Land as a percent of property value $246 319 ...599.. 694 902 .1.319.. 2,090* 9.2 9.6 .1*.0 12.7 13.6 •l*«5 8.9* 613 671 816 12.1 13.2 15.7 $*33 527 17.5 16.1 ...688., .16.2 1.517 .1.957.. 2.150 .22.5 a.5 1,006 A l l groups: 1940 4.464 100.0 831 1939 3.984 7*6 1938 4.114 713 Hot® 1 • glossary of tenia used I s included I n the Jppsadlx. 463560 0 - 42 - 12 5.8 a.7 9.0 30.0 33.5 86 81 76 71 61 to to to to to Pr°Perty 90 85 80 75 70 100.0 18.5 21.* 18.6 a 1.355.217 100.0 Existing homes New homes 57.6 11.6 ....1*.0... 4.8 11.2 4... .* 50 or less - 100.0 Total All homes Sit" 8.5 2.8... 1.* 100.0 *5.2 9.0 ....26.8 6.9 10.6 :! 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Exterior material 1.9 77.9 17.7 2.5 Percent distribution of homes 12.6 2*.2 7*0..• 33-1 23.1 3.798 Percent distribution 1- to 4family homes Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Amount of mortgage as a percent of F H A valuation Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage 4 jj Existing homes 445 753 .1,098. $ 282,976 236,649 ....40.323 178,45* 256.275 ...360,5*0 777 617 ...108. Table 6.—-Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings b a n k s . . . . . . . . • • • . < A l l others Hone Garage and car capacity 1934-35 1936 1937...., 1938 1939 1940...., Table 5.—Type of originating mortgagee, 1940 Table 4—Rental projects Total 1935-40 Number Amount Number of rooms New homes Existing homes 70.* 25.0 51.6 31.2 3.8 3.1 100.0 100.0 New homes 4 5 6 7 Existing homes 1.6 12.1 *9.6 56.2 ....28.7.... ....20.3 9.6 a.9 rooms or less rooms rooms rooms or more Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 18.7 17.3 Computation based oa fever than 6 eases. Percent distribution Average gross monthly payment 9.6 18.7 • 19.70 2*.18 ....29.36.. 17.7 30.68 22.5 38.91 ..5.7. ....*9.*2.. 5.7 85.33 .20.1. 100.0 3 * . 22 36.50 37.87 $ 2*.00a 19.90 .20.3. . . . . 2 8 . 7 5 . . 18.7 25.91 22.0 38.69 ..1.7. .52.00*. 18.7 59.55 18 100.0 3*.97 32.86 3*.5* Ratio of property value to income 2.16 2.01 Gross payment as a percent of income 18.5 16.8 .1.80.. .15.5 1.95 .1.62.. .13.8 1.6* 1.60 1.81 13.8 13.7 13.* i:S l*.5 i*.o l*.3 2.29 a 1.58 .1.71.. 1.31 1.59 .15.8 24.0* 13.1 11.6 13.6 .l*.9* 12.6 1.53 i;*o 13.3 12.7 13.6 FEDERAL HOUSING ADMINISTRATION 172 NEW ORLEANS METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930, estimated by F H A Number Not for sale or rent Percent Number Percent of total Total 494.537 45.493 458,762 36.115 35.775 9.378 7.8 26.0 133.069 11.524 111.936 8,082 21.133 3.442 18.9 42.6 3 71 >42 3.775 274 2.8 2.3 137.215 11,840 540,030 494.877 45.153 9.1 144,593 120,018 24.575 1 20.5 413 4.049 2.7 149,055 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year Existing homes New homes Number Amount 1935 1936 11 50 $ 57,700 215.915 1938 1939 181 214 1935-40 3.653.2I? Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others 2 59 New homes 0.9 1.2 ....49.1.. 11.4 37.4 - Total 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000'to 5,999 6,000 to 7,999 8,000 to 9,99a 10,000 or more A l l groups: 1940 1939 1938 Hot*: 5,344,820 Wood Brick Stucco Other •3 •30.3. 22.6 30.6 ..6.5. 1.9 100.0 6.6 M. 26.7 26.7 °f homes 10.2 2.0 1.0 3679.^ . . . . 4 7 . 8 11.7 14.2 37.5 38.7 - 100.0 pr °Perty Percent distribution 1- to 4family homes New homes Average FHA value of land Land as a percent of property value $3,746 ...4.514.. 5,406 6,714 ...8,689.. 12,083 $510 ...729.. 966 1,341 13.6 .16.2 5.744 5.223 5,411 $2,563" 3.500; ...4,590" 5.425 6.525 13.608* 6.961 6,816 6,282 A glossary of teras used i s included in the 17.9 20.0 .1,686.. .19.4 2,200 18.2 1,043 1,039 1,111 18.2 19.9 20.5 22.4 a 14.3 aa • 575* 500® ...990 • .21.6 25.2 24.7 4,746 34.9 1.965 2,206 1,847 Appendix. 28.2 a J l All homes V 1 Total •3 3.0 .6 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution l - f a m i l y homes Number of rooms 100.0 Average FHA value of property Existing homes 65.8 71.2 13.6 15.1 6.4... ....72.7... ....11.3 9.1 4.0 3.5 1 2 3.5 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 Existing homes 87.4 8.1 2.|... 1.6 Total 100.0 8.1 Amount of mortgage as a percent of F H A valuation . J, Existing homes New homes 1.7 88.1 Percent distribution Table 6.—Mortgage as a percent of value, 1940 Exterior material Table 10—Averages by property value groups for l-family homes, 1940 F H A valuation of property 1,123 Percent distribution l - f a m i l y homes Percent distribution all 1- to 4-family homes Total 102 $ 536.650 196 816,490 39... ....212,900 1,051,680 223 1,092,400 235 ..1.634,700 Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 N o garage 1-car garage 2-car garage 3-car garage Amount Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 2 $ 244,500 Garage and car capacity 1,691,605 350 A l l homes Number Table 5.—Type of originating mortgagee, 1940 Table 4 — Rental projects Total 1935-40 $ 478,950 600,575 ....153,400.... 224,580 107,400 ....126,700.... 91 146 ....26 827,100 42 985,000 21 ..1,508,000.... . . . . 2 4 773 Amount Number 73-3 3.3 ....23.4 4 rooms or less 5 rooms 7 rooms or more 100.0 Total New homes Existing homes 14.2 60.7 ....20.6.... 4.5 6.7 36.7 23.3 33.3 100.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499...., 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more A l l groups: 1940 1939 1938 Computation based on fever than 6 cases. Gross payment as a percent of income Percent distribution Average gross monthly payment Ratio of property value to income 3.9 19.2 $ 23.83 29.42 ..32.71.. .2.35... .17.6 1.89 .1.55... .12.8 ..28.2. 15.9 38.10 20.8 43.95 ..49.30.. 62.29 ...6.5. 5.5 100.0 3.4 13.8 ..20.7. 6.9 27.6 ...3.4. 24.2 100.0 37.64 34.73 37.99 $ 28.00a 24.75a 2.89 20.6 20.1 2.11 1.21 2.02 1.99 1.85 4.06 a 2.28 * 16.7 15.6 10.6 15.8 15.9 15.6 2 3« 3 a 18.1a 38.88 ..37*00 . . 94.14 1.52 .17.3 21. l a 14.0 .10.9a 13.5 49.28 49.70 46.23 1.73 1.59 1.23 14.7 13.9 10.8 'i'.Sh*' HOMES IN METROPOLITAN DISTRICTS 173 SHREVEPORT METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 Number I n central city Outside central city Metropolitan district 1930, estimated by F H A 1930 Percent 1940 98,167 14,058 76.655 9.U11 a , 512 4,647 28.1 49.4 26,920 3.727 112,225 86.066 26.159 30.4 30,647 | For sale or rent Increase Not for sale or Percent rent Number Number 19.997 2,183 6.923 1.5W 3^.6 70.7 16 I.O69 110 3.8 2.9 28,036 3.853 22,180 8.467 38.2 6? 1.179 3.7 31.889 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number 1935 1936 193 7 1938 1939 1935-40 214 % 99^.200 2.a4,ooo ...2,887,600 1.^35 6,222,600 Mortgages: Number Amount Projects: Number Dwelling units A l l homes Amount Number 8 8 3.... $12,750 U7.750 577.000 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages 1,611 New homes 17.7 17.0 4^4 Existing homes A l l others 510 306 52..j 144 , $174,116 141,197 is,a7 ® 1934-40 105.U39 159*558 1,810 646,362 - Amount of mortgage as a percent of F H A valuation of property 86 81 76 71 61 to to to to to Percent distribution 1- to 4family homes New homes 86.2 90 85 80 75 70 I'9 .6 Existing homes 80.7 7.U ....87.4... .....9.5 1.0 6.3 1.0 6.3 .1 50 or less All homes .1 - 120 100.0 Garage and car capacity 3-car garage Total 3.U U5.9 Wood Brick .5 Other 100.0 Percent distribution Average FHA value of property 6.5 4,856 b b $2,3S3a 3.425 a.7 ....28.3.. . . . . 4 , 2 0 8 5.190 a.7 17.* 6,481 4.4 100,0 12,900a M05 New homes Existing homes 93.1 5.1 89.1 8.7 1.5 Average FHA value of land 100.0 Land as a percent of property value 10.7 13.5 18.0 17.7 17.oa 736 b b 15.2 b b $ 350a 755 812.... 1,200 1.575 19.3. 4,100a 31.8a A l l groups: 1940 1,129 b b 1939 b b 1938 Hot*t A glossary of teraa used is included in the Appandix. 14.7 a 22.0 23.0 b to a 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Total $386 23~6 $3,604 587.... 3 7 . 7 . . ....4,364 9 5.487 a.7 i 6,401 1.136 14.S 1 . 5 . . . . . . 8 , 3 4 3 .a. . ...1,685.... 2,300a 13.500 .7 100.0 100.0 Total Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 100.0 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes No garage 1-car garage 100.0 Table 8 — Material of construction, 1940 Table 7—Capacity of garage, 1940 All homes A3 - - Amount Table 6.—Mortgage as a percent of value, 1940 20.7 17.9 20.0 17.1 ....18.2... ....11.7 3.1 38.0 1 Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1934-35 1936 1937 1938 1939 1940 6,799,600 Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns. • . . « Mortgage companies Insurance companies 1 $ 482,000 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9 999 10,000 or more Number Amount 11 $46,150 70,250 a 84,100 22... 286 " 1.256.300 565 2.313,100 706... ...3,029,700 $ 33.**oo 22,500 17.800.... 262,100 2 7 48 99.100 37.... ....142,100.... 176 Year Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number Amount 3 13 Property improvement notes Existing homes New homes Total Percent of total New homes 4 5 6 7 100.0 rooms or less rooms rooms rooms or more j'.i 6 ....24.3.... 2.8 100.0 Total Existing homes 8.7 ...JSA 10.9 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 1938 Computation ba**d on f*w*r than 6 c a t * * . Percent distribution Average gross monthly payment $23.85 5.1 25.84 32.8 .27.1. . . . . 3 0 . 6 7 . , 32.»»9 13.2 37.55 15.9 • 39.38., ..3.9. 2.0 5Ml 100.0 4.8 19.0 .26.2. 14.2 26.2 30.87 b to $ 20.00* 27.63 ....27.36.. 35.33 38.82 ..U.S. . . . . a . 00V 103.50* 4.8 100.0 3^.52 to to * Data not available. Ratio of property value to income Gross payment as a percent of income 2.76 a.2 17.8 .16.3 14.4 13.5 .2~l6.. 1.89 1.71 .1.37.. 1.24 1.99 b b 2.28a .10.9 9.6 15.2 b b up' 16.Sa 18.5 .14.5 15.6 13.5 ..5.5* 16.7* 1.71 b b 1U.5 b b 2.21 .1.74... 1.60 174 FEDERAL HOUSING ADMINISTRATION OKLAHOMA CITY METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city. .. Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930, estimated by F H A Number 204,424 16,805 185,389 16.774 19.035 31 10.3 .2 59.529 4,429 47.133 3.897 12.396 532 221,229 202,163 19.066 9.4 63.958 51.030 12,928 N o t for sale or Percent rent | Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Percent of total 26.3 13.7 175 20 4,952 394 7.7 8.1 64,656 4.843 25.3 195 5.346 7.7 69,499 Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Property improvement notes Existing homes Number 1935 1936 193 7 1938 1939 194 0 Amount 33 171 718 924.. 1935-40 Mortgages: Number Amount Projects: Number Dwelling units 755 3,287.700 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks 4 $ 240,850 3 Mortgage companies Insurance companies Savings banks A l l others A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4;999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Bote: 86 to 90 81 to 85 23.6 18.1 71 to 75 61 to 70 50 or less 65.6 73.7 100.0 Total 100.0 Average FHA value of property 6.1 $ 2.764 39.6 3.472 ...24.2... ....4,391... 13.6 5.381 13.3 s-a? Average FHA value of land Land as a percent of property value $ 364 U78 13.2 13.8 1.052 1.335 19.6 20.4 1.0 14.533 2.417 16.6 100.0 4,532 4.815 4,838 765 790 802 16.9 16.4 16.6 $446 682 17.9 19.7 23.5 20.9 20.4 8.6 $ 2 >89 3.46s 20.2 ...23.3... ....4,283 5.405 13.5 6.705 18.4 . . . . 9 . 2 . . . ....8,433.. 11.350 6.8 100.0 F H A valuation of property 1.6 1.3 100.0 Percent distribution 1- to 4family homes Amount of mortgage 2.2 .7 75.5 Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more All homes 100.0 Wood Brick Stucco Other New homes 5.420 5.520 5,176 New homes Existing homes 50.6 33.1 33.7 60.7 15.8 3.7 100.0 100.0 82.8 9.3 6.0... 1.3 .5 Total 11.7 6.7 All homes 69.7 7.8 17.4 3.0 1.5 .1 1.1 .3 100. c 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 18.8 4.9 59.7 45.4 19.3"• ....36.2 2.2 13.5 Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 1.918 16.9 1,104 1,168 1,223 20.4 21.2 23.6 A l l groups: 1940 1939 1938 K glossary of terns used is included in the Appendix. Existing homes Number of rooms A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 1.130 1.365 1,834,187 Table 6.—Mortgage as a percent of value, 1940 Exterior material 2.1 80.7 17.0 .2 Percent distribution Existing homes 5.246 1934-40 14,803,800 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes F H A valuation of property j Amount 1,058 $ 393,681 949 376,225 151... 55,577 516 1.185 400|207 .1.387... ....445,461 1934-35 1936 193 7 1938 1939 194 0 Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Total New homes 16.8 Total No garage 1-car garage 2-car garage 3-car garage 3.507 Percent distribution of amount of 1- to 4-family home mortgages 1.4 4.8. 65 Garage and car capacity 103 $ 487,600 225 1,095.500 .1,890,400 ...420.., ,185,800 761 3,185,8< 3 l 8 5.|400 i> 921 ;,ioo . . 1 . 0 7 7 . . . . . 4 , 293,l( Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 153.. $293,250 259.550 518,900.. 665,300 890,400 660,300. J3 ll.5l6.100 Number Amount 70 54 118... 3.632.800, -2.752 Year Number $ 194.350 835.950 ....1,371,500. 2,520,500 2,9ol.000 Total Number Percent bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 14.9 $ 20.17 19.0 2.55 24.66 35.6 2.24 17.1 ...24.3... ....30.27... 2C08... . . . . 1 6 . 2 14.2 9.0 1.82 31.87 11.4 1.82 14.6 4O.29 ....2.6... ....52.71... •....1.64... ....13.9 2.2 71.40 11.5 1.35 100.0 29.52 32.22 33.23 8.S $20.92 25.38 22.7 ...18„4... ....31.S8... 5.0 35.14 22.7 42.75 ...10.6... ....47.27... 12.1 68.53 100.0 38.16 39.08 39.54 2.02 1.98 1.92 15.8 15.9 15.7 20.1 2.67 2.09 16.9 2.09... . . . . 1 6 . 9 2.02 15.5 1.87 15.4 1.61... ....12.7 31.8 1.38 1.79 1.70 1.54 14.6 14.U 13.9 HOMES IN METROPOLITAN DISTRICTS 175 METROPOLITAN NASHVILLE DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Area 1940 I n central city Outside central city Metropolitan district.. 1930, estimated by F H A 1930 Number Vacant, 1940 Occupied Percent 1940 1*2,157 46,405 1*1,258 41,949 899 *,*56 0.6 10.6 *1.307 12.371 188,562 183,207 5.355 2.9 53,678 | Increase Number For sale or rent N o t for sale or rent Number Percent of total 36,970 10,16* *.337 2,207 11.7 21.7 7* 68 2.583 *11 5.9 3.2 *3.96* 12,850 *7.13* 6,5** 13.9 1*2 2,99* 5.3 56.81* Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes 1935 1936 1937. 1938 1939 1940. 2* 125 .171. 464 739 • 932' I 2.*55 $ 168,600 725.050 ...882,500. 2,109,700 3,320,500 .4,010,800. Mortgages: Number Amount Projects: Number.. Dwelling units 117 255 ...323.578 853 •1,017- $ 565,500 1,270,525 .1,387,900 2,5*5.300 3.790,100 '.4,358,700 2.700,875 3.1*3 13,918,025 Type of institution originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others 2 $ 103,000 2 New homes 15.* Total All homes 33.8 17.0 7.0... 21.7 29.* 17.7 37.0 26.9 .7 8.1 1.* 100.0 100.0 100.0 Amount of mortgage as a percent of F H A valuation of property F H A valuation of property New homes 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Existing homes All homes 82.1 7*.l 11.2 10.1 * . 7 . . . ....69.O... ...11.0 16.0 2.* 1.0 9.0 .6 1.4 .6 .4 .1 3.0 Wood Brick Stucco Other 1.... 15. 8 100.0 1.2 1.0 100.0 12.3 23.* .21.3. 18.4 10.2 • •5.2. 9.2 100.0 Average FHA value of property Average FHA value of land Land as a percent of property value $ 2,66* 3.505 ..4,387. 5.398 6,478 ..8,714., 13.722 $3*1 39f ...516.. 6*0 800 .1,076., 2,028 12.8 *.913 5.279 5,332 $2,60* 3,*85 ...4,483., 5,*08 6,525 . . .8,750* 13,500 62* 662 $*17 615 11.3 .11.8 11.9 12.3 .12.3 1*.S 11.9 11.8 12.* 16.0 ...6*8.. 17.6 .1*.5 889 965 .1,*30 • 2,09* 1*.8 • -i6.3a 15.5 16.* 100.0 Percent distribution 1-family homes Existing homes m Total 100.0 Number of rooms New homes 100.0 23.* .31.0., 27.* 13.8 ..2.2. 100.0 Table 9—Size of home, 1940 Exterior material 1.1 82.7 16.0 .2 Percent distribution Total 39.8 46.9 5.1 8.2 New homes 4 rooms or less 5 rooms 20.7 60.6 7 rooms or more 100.0 Total Existing homes 1.0 40.8 1.7 18.4 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 861 15.8 5,**3 A l l groups: 1940 865 16.5 5,2*1 1939 961 18.0 1938 5.3** A glossary of terms used i s included i n the Appendix. * Computation based on fewer than 6 cases. Percent distribution 1- to 4family homes Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 Note; 2,117,962 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage A l l groups: 1940 1939 1938 $ 302,596 344,885 ....64,594 362,007 465.690 •••578,190 30 Table 7.—Capacity of garage, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Existing homes 873 998 ...167., 867 1,241 .•1,7*0. Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages ....18.7... 38.5 26.7 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more 1934-35 1936 193 7 1938 1939 1940.... Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity A l l homes $ 396,900 5*5.*75 ...505.*00.. 435,600 469,600 ...347,900. 11,217,150 Table 4.—Rental projects Total 1935-40 93 130 .152.. llU 11* ••85- Total Percent Percent distribution Average gross monthly payment 6.7 $22.79 32.5 28.12 26.0.. . . . . 3 3 . 7 6 . . . 36. *9 10.9 *0.13 16.1 ..,..4.7-, ....50.18... 68.52 3.1 100.0 3*. 38 36.46 37.91 *.9 $ 32.75 f t i*.6 23.58 ....17,1.. ....29.36... 28.86 8.5 36.35 28.0 9.8 . . . . . . 5 6 , 2 5 . . . 82.07 17.1 100.0 *2.22 *1.70 *5.57 Ratio of property value to income Gross payment as a percent of income 2.67 21.1 19.* 2.37 2.1*... -...17.9 16.2 1.92 1*.5 1.70 1.59... ....13.9 10.6 1.15 1.95 1.90 1.70 16.* 15.7 i*.5 2.98 R 35.* » 1.84 16.9 1.80... ....15.3 1.48 13.0 1.5* 1.68... ll'l .75 " " 6.°9 1.20 1.53 1.44 10.7 13.8 14.1 FEDERAL HOUSING ADMINISTRATION 176 FORTWORTHMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central city. Metropolitan district 51,686 1.777 43,132* 2,834» 53.463 6 45,966 Percent 1940 Increase For sale or rent 1930, estimated by FHA Number Percent Not for sale or rent Number Percent of total 8,554 -1.057 19.8 -37.3 14,494 452 10,913 a 721 a 3.5fl -269 32.8 -37.3 39 13 501 98 3-3 17.4 15,034 563 7.497 16.3 14,946 11,634* 3.312 28.5 52 599 3-8 15.597 Table 2—Net volume of mortgages accepted for FHA insurance under Section 203 of Title H Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes New homes Year Number 2 8 ....24 156 231 1935 1936 1938 1939 1935-40 Mortgages: Number Amount Projects: Number Dwelling units 60 177.800 3.259.510 52.300 28,900 Type of institution originating mortgages New homes 100.0 Total All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999..., 10,000 or more $ 24,200 58,610 750,800 1,041,900 1938 1939 3.437.310 859 1.7 88.5 .......9.8 Average FHA value of property 8.5 $ 2.670 40.2 3.460 . 2 6 . 9 . . . ..4,412... 12.5 5.386 9-5 6.535 . ..1.0... . . 9 , 1 0 0 4^ . 1.4 12,400 100.0 4.356 42.9 $3,417 42.9 14.2 100.0 c - Amount of mortgage as a percent of FHA valuation of property All homes - 10.6 39-4 20.7 46^ 1,842 1934-40 53.2 29.3 100.0® 100.0 Percent distribution 1- to 4family homes New homes Wood Brick 8O.3 14.1 42.9 57.1 Other 5.1 100.0 $173 358 ...496... 598 635 „ . . . 8 3 s 44. . 1,010 6.5 10.3 449 4 4 .150 4 1 .500 Land as a percent of property value $ 450 4 550 4 750 d .11.2 11.1 . . 9 . 2 44 8.I 10.3 13. 2 4 10.7? 11.5 4 Existing homes All homes 77.6 12.5 ....6.9...^ ...71.4.... 1.8 14.3 1.2 14.3 j 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less - 100.0 Total - 100.0® 76.2 12.3 8.0 2.0 1.5 1 100.0 Table 9—Size of home, 1940 Percent distribution l-family homes Number of rooms Existing homes Average FHA value of land 681,519 Table 6—Mortgage as a percent of value, 1940 New homes Total 100.0 Percent distribution Existing homes Amount $ 100,026 355 155.184 517 70... .....31,939 131 57,573 160,342 349 1934-35 1936 Exterior material Table 10.—Averages by property value groups for l-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999..., 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.--., 10,000 or more 8 19 34.... 173 240 ....385.... Percent distribution l-family homes Percent distribution all 1- to 4-family homes FHA valuation of property Number Table 8—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Total Year Amount Percent distribution of amount of 1- to 4-family home mortgages National banks State banks ...10.8.... Savings and loan assns 40.0 Mortgage companies 20.3 Insurance companies Savings banks . . . . . . . . . . . a All others 28.9 Hone No garage 1-car garage 2-car garage 3-car garage All homes Number Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity Amount $ 16,450 29.150 Table 4.—Rental projects Total 1935-40 Number 6 $ 7.750 11 29,460 .....93,600.... ....10 698,500 17 1,013,000 9 7 799 Property improvement notes Existing homes Amount . Total - 100.0® 4 rooms or less 5 rooms 6 rooms. 7 rooms or more Total New homes Existing homes 35.0 51.4 ....12.0.... 1.6 57a 28.6 14.3 100.0 100.0° Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more Percent distribution 18.2 29.2 .26.4.. 11.3 10.8 Average gross monthly payment $23.24 27.16 ..33.17.. 36.18 39.74 ..53.14.. Ratio of property value to income 2.50 21.7 .2.03., .17.7 14.4 .14.0 13.5 17.3 2.18 1.81 71.00 1.64 .1.49.. 1.45 100.0 31.88 1.96 14.2 $39.00 4 ...36.50}. ..1.8.. 2.3 .28.6.. 28.6 26.50 4 .28.6.. ...51.00^. Gross payment as a percent of income 2.78 4 19.0 16.0 26.0 4 .1.98 44.. 1.25 .19.5J4 .1.27 4 . . .13.24 12.2 100.00 38.14 All groups: 1940 15.4 1.55 1939 1938 Note: A glossary of tents used is included in the Appendix. * Annexations from outside central city to the incorporated city (in central city) sine* I93O are not accounted for in the data for I93O or in the 1930-40 increase. * The aetropolitan district totals wore estimated on the basis of the boundaries of the 1940 aetropolitan district as defined by IHA and basad on data furnished by the Bureau of the Census. ^Distribution based on fever than 26 cases. 4 Computation based on fewer than 6 oases. * Data not available. All groups: 1940 1939 4,600 536 11.7 HOMES IN METROPOLITAN DISTRICTS 177 KNOXVILLE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Area 1940 1930 Number I n central city Outside central city 87.930 18,263 Metropolitan district 34,810 -2.342 53.120® 20,605® 32,468 73.725* 106,193 1930, estimated by F H A Number 22,526 4,337 12.767a 4,270* 9.759 67 76.4 1.6 26,863 b 9.826 57.7 Percent m | 44.0 Vacant, 1940 Increase 1940 17.037 For sale or rent N o t for sale or rent Percent Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Percent of total 214 38 1.236 597 5.2 12.0 23.976 4,972 252 1.833 6.3 28,948 Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number Number $ 97,700 18 20 372,758 83 7 k . . . . 4 7 . . . . , ....181,200..., 775.500 33 183 1,190,400 12 277 ..1,484,600.... ••••15 1935 1936 193 7 1938 1939 194 0 1935-40 4,102,158 970 Mortgages: Number Amount Projects: Number Dwelling units Amount $ 64,950 21,034 15,000.... 124,600 56,200 342,284 89 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others Hone Table 7—Capacity of garage, 1940 13.0 25.3 72.1 44.1 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more A l l groups: 1940 1939 1938 6.4 16.0 16.0 ..3.2.. 1.6 100.0 15.4 61.5 ..7.7. 15.4 100.0c 1938 1939 100 188 38.699 61,059 1,085 413.347 1 Percent distribution 1- to 4family homes Amount of mortgage F H A valuation of property New homes 86 to 90 81 to 85 71 to 75 61 to 70 51 to 60 50 or less .... $ 2.766 3.453 6.633 ...8,448... 11,525 Average FHA value of land $339 380 ....568., 705 914 ..1,210., 1,805 Land as a percent of property value 12.3 11.0 .13.0 13.0 13.8 .14.3 15.7 12.8 4,696 d d 599 d d $ 2.725* .Siooo8. $ 375* 481 ...575®.. 13.8* 14.0 .14.4* 6.875 • 1,100* l67o* 3.900 d d 567 d d d d 14.5 d d 74.4 8.2 100.0 Total 100.0° 2.0 3.7 ....1.0 .7 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms New homes Average FHA value of property All homes 13.6 1.3 2.4 27.3 .5... ...9.1.... .2 9.1 Percent distribution 1-family homes Total Existing homes 78.7 8.7 Table 8.—Material of construction, 1940 100.0 38.0 .18.8.. 16.0 14.6 Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more $ 122,494 95.259 1934-40 100.0C Wood Brick Stucco • • . • • • . . . . . « • . • • Other Percent distribution 2.8 327 201 Table 6.—Mortgage as a percent of value, 1940 25.9 42.6 16.7 Amount 1934-35 1936 4,444,442 1.059 All homes 2.7 29.9 67.2 .2 F H A valuation of property Number $ 162,650 38 393.792 90 51.. ....196,200 900,100 216 1,246,600 289 ....375..., Existing homes Exterior material Total Year Amount New homes Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage . . . . . . . . . . . . 3-car garage Number Percent distribution of amount of 1- to 4-family home mortgages Total Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement Existing homes Amount Total Number 72.5 14.8 Existing homes 84.6 11.4 15.4 100.0 100.0 C New homes 4 5 6 7 rooms or less rooms rooms rooms or more 5.6 61.1 ....25.9... 7.4 Total 100.0 Existing homes 7.7 69.2 ....15.4 7.7 100.0c Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 22.00 2.34 19.8 9.6 25.65 2.09 17.8 27.2 ...22.3.. ....32.02...4 . . . 2 . 0 0 . . . . ...17.2 34.50 1.81 15.3 9.9 40.51 1.64 14.8 19.2 . . . . 6 . 6 . . ...49.71... ...1.54...., ...13.7 1.13 10.2 5.2 65.37 100.0 34.11 d d 22.2 $23.50* . . . 2 2 . 2 . . >...23.00* 22.67* 33.U 22.2 46.00* - - 100.0c 28.11 d d 1.75 d d x 73 . . . 1 ."5 3 *i . . . 1.28* 1.96* - 1.61 d d 15.2 d d 14.9* 13.3* 10.1* 15.7* " 13.2 d d Hot*: A glossary of terms used 1s included in the Appendix. * Annexations from outside central c i t y to the incorporated c i t y ( i n central c i t y ) since I93O are not accounted for i n the data for I93O or i n the 1930-40 increase. * The metropolitan d i s t r i c t totals were estimated on the basis of the boundaries of the 1940 metropolitan d i s t r i c t as defined by IHA and based on data furnished by the Bureau of the Census. 0 Distribution based on fewer than 26 cases. & Data not available. * Computation based on fewer than 6 cases. 178 FEDERAL HOUSING ADMINISTRATION BEAUMONT-PORT ARTHUR METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central eity Metropolitan district Percent 1940 105,201 33.407 108,634 19.215 -3.433 14,192 -3.2 73.9 28,608 8,889 138,608 127.849 10.759 8.4 37.497 I Increase For sale or rent Number Percent N o t for sale or rent Number Percent of total 26,887 4,522 1.721 4.367 6.4 96.6 54 18 1.338 321 4.5 3.5 30,000 9,228 31.409 6,088 19.4 72 1.659 4.2 39.228 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number Number Amount $ 104,150 3 6 , 397.322 £ 34 ....126.... ....415,100.... . . . . 1 1 290 1,124,000 26 502 1,884,250 25 . . . . 4 9 4 . . . . •.1.777.900.... . . . . 1 7 1935 1936 193 7 1938 1939 1940 1935-40 5,702,722 1.569 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number.. Dwelling units A l l homes Amount Number Number Amount $ 198,300 67 $ 94.150 480,086 160 82,764 1*48,500 ....33,400...., ....1T7.... 77.900 316 1,201,900 82,200 527 1.966.450 115,800 . . . . 5 1 1 . . . . ...1,823,700 416,214 149 Type of institution originating mortgages National banks State banks Savings and loan assns. « Mortgage companies Insurance companies Savings banks A l l others None 72.5 9-2 Existing homes All homes Amount of mortgage as a percent of F H A valuation of property 2.9 85.6 7.6 72.9 9.1 86 81 76 71 61 15.1 50 or less to to to to to Total Garage and car capacity 0.7 62.7 36.O .6 Wood Brick Stucco . . . . . . . . . . . . . . . . . Other 3-car garage Total Total 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 5.0 • 2,835 42.4 3.452 . . 3 5 . 7 . . H ...4,378 5.320 U H.i . . . . 6 . . . . ...8,1675... 11,500® .4 100.0 4,173 c c 31.6 $2,658 36.9 ?tk0\ ..10.5.... ...4.250* 21.0 5.125* - - 100.0 a 3.6a e e Average FHA value of land •8? 633.... 895 1.191 2,188h Land as a percent of property value 13.2 13.5 14.5 16.8 19.0b 617 c c 14.8 c e $450 657. ...1,413 J... 1,100® 16.9 - 764 c c 21.5® - 21.1 c e All homes - 100.0a 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes New homes Existing homes 95.4 1.0 95.0 New homes 5.0 17.9 55.0 63.O ....16.15.... ....20.0 20.0 2.6 4 rooms or less 5 rooms 5.0 7 rooms or more 3.6 100.0* Existing homes 100.0 Total 100.0 R Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 4.0 20.4 $ 22.85 2.43 38.7 17.4 25.83 2.04 ..31.9.... ...29.79-.. ...16.1 10.6 14.8 33.51 1.69 10.6 13.8 38.06 i.59 . . . 3 . 4 . . . . ...42.82 . . . . . . 1 . 3 0 . . . . . ...11.9 .8 9.8b 62.75^ i.o6b 100.0 1.82 c c 15.6 c c $ 21.00 1.71 38.9 ..44.4.... ...27.75.... ...1.65 1475 ...14.9 29.96 c c ..1677.... ...40.00* 100.0* 27.17 c c ...I7O6*. . . . 1.49 c c 10.9* VO A l l groups: 1940 1939 1938 Percent distribution Average FHA value of property Existing homes Number of rooms 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property New homes Percent distribution 1-family homes Exterior material No garage 1-car garage Percent distribution 1- to.4family homes 100.0 Total Percent distribution all 1- to 4-family homes 1.771.895 69.2 71.7 15.8 16.4 ....7.1.... ...65.0..., ....9.1 20.0 3.8 3-2 15.0 1.4 1.9 90 85 80 75 70 Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 4,707 •is- Table 6.—Mortgage as a percent of value, 1940 6.8 15.5 1,217 .1,506., $ 259.109 190.496 ....61,061 304,763 459.489 ...496,977 6.118,936 1.718 Percent distribution of amount of 1- to 4-family home mortgages New homes 69U 597 1934r-35 1936 1937.... 1938 1939 1940 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Total 1930, estimated by F H A e Hot*: k glossary of terns used i s included in the Appendix, * Distribution based on fewer than 26 cases. * Conputation based on fever than 6 cases. c Data not available. HOMES I N METROPOLITAN DISTRICTS CORPUS 179 CHRISTI METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city Outside central-city Metropolitan district Percent 1940 For sale or rent Increase 1930, estimated by F H A Number N o t for sale or Percent rent Percent of total 57,301 13.376 27.7*1 6,*91 29.560 6,885 106.6 106.1 15,606 3.356 6,579 l.*33 9,027 1.923 137.2 13*.2 75 583 1,2*1 208 7.3 5.0 16,922 *.1*7 70,677 3*.232 36,**5 IO6.5 18,962 8,012 10,950 136.7 658 1,**9 6.9 21,069 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes New homes Existing homes A l l homes Number 1935 1936 1937.. 1938 1939 194a. Amount $ 109.550 417.798 ...611,400. 837.700 1.456.4 ' '..400 . 2 , 0 4 2 ,500. ,5 .21*. 244 *13 •572. 1.619 6 16 ...5.. 203.660 Type of institution originating mortgages 1.676 Total New homes Existing homes All homes Wood Brick 100.0 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999-. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more 30.6 A l l groups: 1940 1939 1938 $2,730 29.1 .21.8. 11.1 5.5 ...1.4. A l l groups: 1940 1939 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more Average FHA value of property 28.6 1*.3 *2.8 .1*0100.0* Average FHA value of land Land as a percent of property value $321 11.8 13.3 .15.5 15.7 ..J',450.. 5.33* 6,552 ..8,7**. 10,833 c ...688.. 3.889 d d 559 d d $2,750° 3,650° $463° 500c 16.8° 13.7° 5.583° 1,050° 18.8« •9,250° .1,900° 5,021 1,0*7 .1.703.. i.933c 925 d d 16.0 •19.5 17.8° 14.4 d d ....20.5c 18.4 All homes 85.6 3.5 8.1 2.1 •52 - Total 100.0 100.0b 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Existing homes 97.7 1.2 4..., •7 Other Existing homes Number of rooms New homes 100.0 Percent distribution New homes 86.6 3.5 ....7.2.... ...85.7.... * 2.2 1*~3 •3 2.... 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Exterior material 2.1 38-3 ..58.1 1.5 661,898 Percent distribution 1- to 4family homes Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Amount of mortgage as a percent of F H A valuation of property 100.0 100.0* $ 67.687 95.598 ...10,776 35.37* 238.709 ..213.75* 1.577 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total 194 238 ..27. 85 523 ..510. Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages 100.0 Table 7.—Capacity of garage, 1940 No garage 1-car garage 2-car garage.. 3-car garage 1934-35 1936 1937. 1938 1939 1940 5,679.008 National banks State banks Savings and loan assns ....lll4... ...23%.... ....lll6 Mortgage companies 61.8 62.5 8.1 Insurance companies 11.0 10.9 16.1 Savings banks . . . . . . . . . . . < A l l others 15.6 52.0 15.2 Hone Garage and car capacity $182,850 442.658 ...604,300 868,200 1,517,800 .2,063,200 62 1*7 .211. 250 429 • 577- Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units 2^,860 ...-7,100 s 30,500 61,400 ...20,700. 1. 5.*75.3*8 Table 4.—Rental projects Total 1935-40 Total Number 71.4 28.6 - 100.0t New homes Existing homes 14.2 15.0 67.4 28.6 ....14.4...j ....28.6 1 28.6 3.2 4 rooms or less 5 rooms 7 rooms or more 100.0 Total 100.0* Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution 7.7 29.5 ...31.0... 11.8 12.7 ...5.0... 2.3 100.0 28.6 ..14.3... Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 19.8 $21.79 2.17 16.7 24.46 1.81 ...28.98... ....1.67.... ....15.4 i*.o 31.48 1.52 13.1 37.03 1.39 ...46.68... ....1.32... ....12.6 10.4 1.11 59**6 30.01 d d 1.58 d d $2*.50° ...2*.00° l*.7 d d 18.3° 1.99° . . . . 1 . 1 5 ° .. . . . . 1 2 . 0 0 c 42.8 *5~67 1.69° ,.-14.3... —85.00° . . . . . l . 9 3 c • ....21.3° 100.0* 42.14 d d 1.73 d d 17.* d d Note: A glossary of terns used i s included i n the Appendix. a E x p i r a t i o n s outnumbered new commitments. * Distribution based on fewer than 26 cases. Computation based on fewer than 6 cases. d Data not a v a i l a b l e . 326565 O - 42 - 13 FEDERAL HOUSING ADMINISTRATION 180 FORTWORTHMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1930* 1940 Percent Number I n central city Outside central city Metropolitan district 1940 For sale or rent Increase 1930* estimated by FHA Number Not for sale or Percent rent 294,734 81,814 260.U75 49,183 3*1.259 32.631 6^.3 8M13 23.155 67.119 11.551 16.99J» ll,6o4 25.3 100.5 186 146 5.241 1.324 3* 376,548 309.658 66,890 a.6 107.268 78.670 28.598 36.4 332 6.565 5.8 Mortgages on 1- to 4-family homes Amount Number 6,438 1935-40 26,732.230 Mortgages: Number. Amount Projects: Number Dwelling units 979 Number Type of institution originating mortgages 9 $ 1,142,700 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings b a n k s . . . • . . . . . • • • All others 9 319 Total Existing homes All homes _ _ „ 21.0 6.1... 24.6 42.2 22.2 4.3 ! H 36.6 86 81 76 71 61 50 or less 11.4 6.1 11.2 100.0 100.0 100.0 52.4 35.7 29.3 65.5 3-car garage .2 Other 11.8 1.7 100.0 100.0 Table 10.—Averages by property value groups for l-family homes, 1940 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Average FHA value of property Average FHA value of land 4.616 4,668 4.455 14.4 14.5 15.4 666 678 686 8.6 $ 2,650* $ 570* a.5b 37.9 16.3 570 ....12.1.. . . . . 1 5.3 643-... 5.306 15.5 20.0 1,061 6.844 13.8 17.5 1,200 5.2.. ....8,817* . . . . 1 , 5 6 7 * . . . . . . 1 7 . 8 * 12.375* 20.0 * 6.9 2,469* 100.0 All groups: 1940 5.139 925 1939 1,001 5.507 881 1938 4.525 Not*: A glossary of tons used is included in the Appendix. on fever than 6 cases. Land as a percent of property value 12.7 $345 $2,715 8.5 13.0 452 3.471 31.4 ,..,599.... ....13.8 ....24.0.. k...4,35i, 826 15.2 17.0 5.439 1.045 -15.9 16.7 6,580 1.8.. . . . . 8 , 6 5 7 . . . . . . 1 , 3 2 9 . . . . . . . . 1 5 . 4 2.036 .6 11.845 17.2 100.0 New homes a Existing homes 73.8 1H.2 6.6... ....83.9... 3.4 12.9 1.6 1.6... .1 100.0 Total 100.0 All homes 71.8 13.8 8.6 li .4 .1 100.0 Table 9—Size of home, 1940 Percent distribution l-family homes Existing homes Wood Brick Total 3.210.203 Number of rooms New homes 100.0 395.314 591.602 Percent distribution 1- to 4family homes to 90 to 85 to 80 to 75 to 70 Exterior material 0.8 53.6 45.4 Percent distribution 11.207 Amount of mortgage as a percent of FHA valuation of property 22.2 4.2... 36.4 342.. 1.277 2.126 ....3,362.. Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes Amount t'dl 1934-40 30.659.781 7.417 No garage 1-car garage New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1934^35 1936 1937. 1938 1939 $1,313,250 3.179.331 3,417.800 6,940,000 7.753.000 8,056,400 Percent distribution l-family homes Percent distribution all 1- to 4-family homes FHA valuation of property Number Table 8— Material of construction, 1940 Table 7.—Capacity of garage, 1940 Total Year Amount $ 818,000 299 1.290.101 709 498,150... 753... 708,200 1.716 399.100 1.923 a4,ooo... ...2,017... 3.927.551 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity All homes Table 5—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Amount Number 200 $495,250 ,99 1.889.230 308 4oi ....2,919,650.. . . . . 1 38.... 615.., 6,231,800 189 1.527 7.353.900 1.831 92 7,842,400.. ...1,965... 52.... 1935 1936 1937, 1938 1939 1940, Property improvement notes Existing homes New homes 114,165 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Year Total Percent of total Number New homes 6.5 72.4 18.2... 3.1 4 rooms or less 5 rooms 6 rooms 7 rooms or more 100.0 Total Existing homes 48.3 29-3 22.4 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 11.4 2.47 $a.78 20.7 2.20 33.8 26.66 18.6 ....22.4.. ....33.08... 16.1 36.18 1.89 P'5 16.0 42.76 1.75 15.3 4.2.. ....51.94... . . . . 1 . 5 7 . . . . . . . . i 4 . o 2.7 10.9 57.13 1.23 100.0 32.91 34.15 33.33 1.94 1.77 1.71 16.6 15.6 15.4 $15.0015 1.8 13.9* l.73b 27.38 23.2 2.07 19.0 ....30.4.. ....29.00... ....1.76.... ....15.6 10.7 32.00 14.4 v 1.74* 8.9 f»0.40* 15.1 ....10.7.. ....48.67... ....1.53.... ....13.4 74.75 1.32 14.3 11.9 18.0 All groups: 1940 100.0 1.61 38.36 14.3 18.2 1939 2.83 42.38 14.5 19.5 1938 32.96 —Ii59 13.8 Based on the metropolitan district as established in the 1930 Census. ° Computation based HOMES IN METROPOLITAN DISTRICTS 181 KNOXVILLE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Area 1 1930 a 1940 Number I n central city Outside central city Metropolitan district Vacant, 1940 Occupied Increase Percent 1940 96,810 18,991 102,421 16,040 -5,611 2.951 -5.5 18.4 24,832 3.459 115,801 118,461 -2,660 -2.2 28,291 1 For sale or rent Increase Not for sale or Percent rent 1930,* estimated by FHA Number 24,406 3.055 426 404 1.7 13.2 27,461 830 ! 3.0 Percent of total 70 8 1.746 190 6.6 5.2 26,648 3.657 78 1.936 6.4 30.305 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Number 1935 1936 1937 • • • • • • • • • • • • • • • 1938 1939 1940 1935-40 2 7 $ 6,650 25.335 6 12 107 200 464,800 881,900 5 10 497 2,193,285 44 All homes Amount Number Type of institution originating mortgages NationrJ banks State banks Savings and loan assns. • Mortgage companies Insurance companies Savings banks All others Hone $14,350 25.560 g gl»0.... 19.700 40,200 33.900.... 8 19 12.... 112 210 140,550 541 New homes Existing homes .13.4.. 52.5 34.1 ..6.1., 93-9 3-car garage Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more All groups: 1940 Existing $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more All groups: 1940 1939 305 329 100,908 105,228 1.671 588,504 1934-40 Table 6.—Mortgage as a percent of value, 1940 All homes •s? 32.3 Amount of mortgage as a percent of FHA valuation of property 86 81 76 71 61 Wood Brick Stucco Other '1 100.0 100.0 Percent distribution 10.5 • 3.631 ..4,470.. ..9,000°., $3«3 ...514... 630 734 .1,000°.. 10,000° 1,200° 100.0 5,140 5.014 4,947 590 618 607 11.5 12.3 12.3 16.8 33.3 $2,700° 3.463° ,..4,625°.. 5,000° $425® 475® ...650°.. 850° 15.7® 13.7® .14.1° Z& 6,000® 1,000° Land as a percent of property value 10.5 .11.5 11.8 11.3 .11.1° 12.0° 17.0® 16.7® - 100.0* All homes 79.6 5 -f 8.6 1.1 3.2 1.1 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Total Average FHA value of land Existing homes 1.1 Existing homes 100.0* 4 rooms or less 5 rooms 7 rooms or more New homes Existing homes 5U.1 16.7 58.3 3-5 100.0 Total 8.3 100.0° Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $26.00° 0.6 2.64® 21.7® 29.84 14.7 2.31 20.1 U.33.5... ...35.79.... ,...2.11.... ...19.2 17.7 40.30 1.93 17.8 22.9 1.68 44.72 16.0 . . . . 8 . 2 . . . ,..53.86.... ...1.53.... . . . I 4 . 3 e 2.4 1.11 e 49.75® 10.3° 100.0 39.52 36.41 36.15 I.85 1.92 1.84 17.1 16.7 16.1 2.01C $18.00° 8.3 16.4° 22.00° 16.7 1.70° 15.2® . . . 1 6 . 7 . . . ,..28.50°..., . . . 1 . 9 1 c . . . , ...16.5® 3^.67® 1.66c 24.9 15.4® 34.50° 1.34C 16.7 13.0 c ...1.19c..., 10.2° . . . 1 6 . 7 . . . ..40.00° All groups: 1940 600 100.0 * 14.8 4.063 1939 788 5,081 15.5 1938 810 4,600 17.6 Hot*: A glossary of terms used is included in the Appendix, * Based on the metropolitan district as established in based on fever than 26 caaes. ° Computation based on fewer tl u 6 eases. New homes 85.O 5.8 4 . 6 . . . .."V.76.9... .6 7.7 15.4 2 Total 25.0 21.5 ....12.8.... U...33.3 65.7 41.7 Average FHA value of property 100.0 * Percent distribution 1- to 4family homes to 90 to 85 to 80 to 75 to 70 100.0 b New homes 100.0 .33.3.. 8.3 8.3 1938 1939 2.333.835 Exterior material c2'1 69.9 27.4 .38.4... 27.9 21.5 ..1.2... •5 $ 117.118 129,849 50 or less Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property 340 283 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes No garage 1-car garage 1934-35 1936 Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Amount Number $ 21,000 50.895 56.740 484.500 922.100 Percent distribution of amount of 1- to 4-family home mortgages Total Garage and car capacity Year Amount Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number. Dwelling units Number Amount Table 4.—Rental projects Total 1935-40 Existing homes New homes Total Number 1.50 31.00 13.8 1.73 36.18 15.0 1.45 35.60 13.4 the 1930 Census. * Distribution FEDERAL HOUSING ADMINISTRATION 182 FORT WORTH METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1930a 1940 Number I n central city Outside central city Metropolitan district.. Percent 1940 For sale or rent Increase 1930,» estimated by FHA Number Not for sale or Percent rent Percent of total 177,662 30,015 163.447 11,128 14,215 18,887 8.7 169.7 51.625 8,013 43,040 2.720 8,585 5.293 19.9 194.6 84 36 2,795 300 3.6 54,504 8,349 207.677 174.575 33,102 i 19.0 59.638 1 45.760 13.878 3O.3 120 3.095 4.9 62,853 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number 1935-40 Amount Mortgages: Number Amount Projects: Number Dwelling units 101 190 Mortgages insured under Section 207 or 210 of Title I I $ 267.750 504,280 58 10 174,800 29.700 433 1,234.680 Type of institution originating mortgages National banks State banks Savings and loan assns. Mortgage companies Insurance companies Savings banks All others 2 $251,500 2 72 3-car garage Total FHA valuation of property Existing 1 $2,999 or less 3,000 to $3,999 4,000 to 4,999 . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more 132 204... 457 562 $ 371.050 898,310 612,450 1,638,700 1,997,800 All homes 5.0 5.5 ..1.6. 41.4 43.8 73.«* 5.4 ,..1.5 42.3 42.7 12.0 H ..2.6. .9 100.0 37.5 18.7 .18.7. 6.3 6.3 12.5 $ 494,787 455,740 1938 1939 582 1.563 223,292 573.832 7.171 2.479.749 Amount of mortgage as a percent of FHA valuation of property 86 81 76 71 61 Percent distribution 1- to 4family homes New homes 100.0 Total Average FHA value of property Average FHA value of land $2,704 3.506 ...4.261.. 5.418 6,632 ...8,680.. $237 Land as a percent of property value 8.8 10.6 .11.4 13.0 10,200® 703 890 .1,185.., 1,310® 13.4 •13*7 4,326 4,163 4,212 504 489 556 11.7 11.7 13.2 $ 1,775 3.525 e ...4,333® 5,oooc 7,500 c 15.250® New homes Existing homes 70.2 26.3 42.9 50.0 100.0 Total 12.8® 20.2 12.3® ...650°., 750® 1.250° 2.125® .15.0® 15.0® 16.7 C 13-9° All homes 100.0fc 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms 2.8 Other Existing homes 78.6 77.1 11.7 11.4 6.9..- . . . 7 1 . 4 . . . . . . . . 8 . 1 7.2 .7 •9 14.2 1.7 2.0 2... .2 .2 7.2 •3 to 90 to 85 to 80 to 75 to 70 50 or less Wood Brick 100.0 .23.6. 1,741 1,043 1934-40 Exterior material 1.0 9.1 42.5 1934-35 1936 Percent distribution 1-family homes 6^.0 .5 Percent distribution Amount Table 6.—Mortgage as a percent of value, 1940 Existing homes New homes Number 7.711,860 2,251 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 All groups: 1940 Year Amount Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage •New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more Number Total Table 7—Capacity of garage, 1940 Garage and car capacity Amount All homes Table 5.—Type of originating mortgagee, 1940 Table 4 —Rental projects Total 1935-40 Number 6,477,180 1,818 Property improvement notes Existing homes $ 103.300 31 394.030 123 403,950... 142... 1.463,900 399 1,968,100 552 571... ...2,143,900 1935 1936 193 7 1938 1939 1940........... Total Number 4 rooms or less 5 rooms 7 rooms or more 100.0* New homes Existing homes 9.1 75-1 7.2 71.4 3.1 100.0 Total 14.2 100.0® Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment 8.8 $ 22.92 .28.0. ..30.30.. 33-58 40.74 ..51.97.. 57.67 28.8 12.1 14.0 ..5.2. 3.1 100.0 26.52 32.42 33.17 34.72 $ 18.00c 14.3 33-50® 14.3 .21.4.. ...30.00 0., 31.00® 7.1 46.00® 14.3 .21.4.. ...40.00®., I55.OOC 7.2 Ratio of property value to income Gross payment as a percent of income 2.45 21.6 .1.81.. .16.1 .1.51.. 14.8 .14.0 1.75 15.8 15.9 2.06 1.68 1.62 1.11 1.68 18.4 15.0 10.5 1.62 16.0 1.79® 2.25® .1.74® 1.42® 18.2® 21.4® .15.8®C 1.78® ,.1.10®, l.33c 13.2 ,.10.2® 12.4® 8 42.21 1.48 728 100.0* 4,827 All groups: 1940 15.1 All groups: 1940 1.41 33.90 628 3.919 16.0 1939 1939 5 1.24 31.90 16.1 1938 3.714 1938 599 13.1 Hote: A. glossary of tsras ussd. is included in the Appendix. * Istiaatsd for I93O by the THJL on the basis of the boundaries of the 1930 metropolitan district. * Distribution based on fewer than 26 cases. e Computation based on fewer than 6 cases. 100.0* HOMES IN METROPOLITAN DISTRICTS 183 GALVESTON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number I n central city. Outside central city. Metropolitan district Percent 1940 60,862 10,815 52.938 5.363 7.32k 5.*52 15.0 101.7 16.U76 3.037 71,677 58,301 13.376 22.9 19,513 | Increase For sale or rent Number Percent N o t for sale or rent 13.5*3 1.3*5 2.933 1.692 21.7 125.8 55 93 852 230 *»9 6.8 17,383 3.360 14,888 *,625 31.1 1*8 1,082 5.2 20,7*3 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I New homes Number Table 3.—Volume of Title I Notes insured 1935 1936 1937 1938 1939 1940 5 21 15.... 37 82 j0.... Number $ 21,*50 81,800 41,400.... 170,500 361.550 ....305 850.... 10 13 $24,*50 29,300 3 8,900 -200 982,550 27 230 1935-40 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number. Amount Projects: Number Dwelling units Amount New homes A l l others Table 7.—Capacity of garage, 1940 Average FHA value of property - 86 to 90 81 to 85 15^ 60.0 30.7 60.0 30.7 71 to 75 61 to 70 2.5 2.5 - - - - 50 or less " - 100.0 - 100.0 - ...U.i 5.2*7 6.326 8,825 • 5.076 Percent distribution 1-family homes - 4 rooms or less 5 rooms Other 3.8 - 7 rooms or more 100.0 - 12.6 .16.6 ...73*... 908 17.3 16.0 1,010 .1,000*.. .11.3* 819 16.1 Note: A glossary of terms used 1s included i n the Appendix. c Data not available. New homes Existing homes 62.0 ....32.9.... - 100.0 Total - Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2 000 to 2 499 2,500 to 2,999 3,000 to 3,999 4 000 to 4 999 5,000 or more A l l groups: 1940 1939 1938 a - 100.0 - Number of rooms 68.* 27.8 $ 3.611 2.5 2.5 Table 9—Size of home, 1940 Wood Brick Land as a percent of property value All homes 71.3 15.0 100.0 Total Existing homes A l l groups: 1940 1939 1938 9.3 New homes Average FHA value of land Existing homes - Table 10.—-Averages by property value groups for 1-family homes, 1940 ..1.3.. New homes - Total 26.6 _ All homes Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation of property Exterior material U7.5 • 52.5 n.u .38.0., 22.7' Existing homes 5*7,933 Table 6.—Mortgage as a percent of value, 1940 Percent distribution 1-family homes Total A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 1.38* Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Percent distribution P 262 ,.1*19., 1,051,000 257 $ 110.967 95.150 ....11,013 36,102 98.785 ...195.916 296 295 .•33" - 9.3 Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 t o 7,999 8,000 to 9,999. 10,000 or more 1934-35 1936 1937..... 1938 179.*00 361.350 Percent distribution of amount of 1- to 4-family home rnortgages Mortgage companies Insurance companies F H A valuation of property $ *5,900 111,100 16.... *0 82 a Number Amount 15 68,*50 Type of institution originating mortgages Hone Nog _ 1-car garage 2-car garage... 3-car garage Number 1940.. National banks State banks Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes Amount Percent of total Number Mortgages on 1- to 4-family homes Year Total 1930, estimated by F H A Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 21.3* $ 23.00b 2.51* 1.3 30.U8 2.40 20.* 29.I . . ....19.5 ...32.9... .35.96.... ....2.2* 1+0.20 2.09 17.9 12.7 *2.U6 16.* b ....6.3... ...*2.20 ... ....1.325... ....11.35 42.00* .92* 1.3 7«7 100.0 36.28 c c 2.01 c c 17.2 c c - - - - - - - c c - Expirations outnumbered commitments. * Computation based on fewer than 6 cases. c 184 FEDERAL HOUSING ADMINISTRATION HOUSTON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1930 a 1940 Number I n central city Outside central city Metropolitan district... Percent 1930? estimated by F H A 1940 For sale or rent Increase Not for sale or Percent rent Number Total Number Percent of total 384,514 125,883 292.352 53.016 92,162 72,867 31.5 137.4 107.518 33.863 75.408 12,648 32,110 21,215 42.6 167.7 165 368 5.675 1,860 5.0 5-2 113.358 36.091 510,397 345.368 165.029 47.8 141,381 88.056 53.325 60.6 533 7.535 5.0 149,449 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Property improvement notes Existing homes Amount 134 543 ...538. 1.523 2,l6o $67 3,000 2.567.213 .2.459.494. 6,524,550 8,887,250 .2,102. 7.000 Mortgages: Number Amount Projects: Number Dwelling units 168 175 .8,668,100. $740,950 855.772 ...307.906.. 270,550 155.700 87,400. 302 718 ...619.. 1.581 2,202 .2,122. $1,413,950 3.422,985 ..2,767,400 6,795.100 9.042,950 ..8,755.500 2.418,278 7,544 32.197.885 544 29.779.607 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks 8 $2,116,600 6.5 .1 U.2... 36.3 33.8 ' Mortgage companies Insurance companies A l l others 515 Garage and car capacity Total 33.1 29.5 86 81 76 71 61 50 or less 19.1 22.3 19.2 100.0 100.0 to to to to to New homes 90 85 80 75 70 Wood Brick Stucco................. Other 1.0 29-5 •32.5. 18.6 15.S ..1.8. .8 100.0 Average FHA value of land Land as a percent of property value $2,750 3.547 ..4,357* • 5.388 6,580 ..8,594. 11,812 $388 485 ...691. 952 1.179 14.1 13.7 .15-9 17-7 17.9 .18.9 22.5 4,779 4,773 4,912 $3,317 12.5 . . 2 0 . 8 . . . . . .4,1*50 16.7 5,338 29.2 6,571 . . . 8 . 3 . . . ...9.125 12.5 13,167 100.0 b 6,554 5,106 5.276 2,660 16.2 16.0 c $500 • • -995 c- • 1,120 c 1,421 .1,438 °.. 3.358c 1,411 1,075 1,096 15.I .22.4 21.0 21.6 c c c .15.8C 25-5c 21.5 21.1 20.8 25.0 75-0 - 100.0 * Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 16.4 785 771 785 .1 - 100.0 100.0 Percent distribution l-family homes 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 4.6 72.4 20.8 3.1 29.2 100.0 100.0 6 Table 11.—Averages by borrower income groups for l-family homes, 1940 Average FHA value of property .1,622. 76.1 18.7 1..., 5-1 100.0 Total Percent distribution 72.1 15.2 8.1 2.8 1.43 Table 9—Size of home, 1940 Existing homes New homes 100.0 All homes Number of rooms Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property .1 100.0 Total Percent distribution l-family homes 0.4 33.7 65.4 •5 Existing homes 72.9 15.4 7.4... ....65.4... 11.5 2.7 1.23 . . . 23.1 Table 8—Material of construction, 1940 Exterior material Total A l l groups: 1940 1939 1938 F H A valuation of property 6.6 .1 .4.2 36.2 33-7 100.0 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car g a r a g e • • • • • • • » • • • • 3-car garage A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.... 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.... 10,000 or more ,, 6,190,405 Percent distribution 1- to 4family homes Amount of mortgage 8 Table 7—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999.. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999.. 10,000 or more 15.1 1,617 4.473 ..5.390. 18,328 All homeS Existing homes $ 881,531 1,088,315 ....176,478 549,266 1.518,335 ..1,976,480 ...526., Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages New homes 2.744 3.578 1934-35 1936 193 7 1938 1939 194 0 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Amount Amount Number 1935 1936 1937.. 1938 1939 1940.. A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution 2.9 30.7 .31.6. 13.4 15.5 ..3.8. 2.1 100.0 4.8 •23.8. 28.6 ..9.5. 23.8 100.0b Average gross monthly payment Ratio of property value to income $24.11 27.66 ,..32.36.. 35.71 41.55 ,..50.38.. 2.59 2.24 ....2.06.. 67.62 1.94 33-98 34.79 37.11 1.82 1.75 c $ 23.00 ...36.20°.. 46.00 c 41.00 ...48.50°.. 87.40 c 51.24 39.59 42.53 1.88 1.74 ....1.51., 1.40 1.85 c .2.13A. 2.22 c 1.59 .I.56A. 1.59 c Gross payment as a percent of income 21.3 18. S .17.3 15.9 15.1 .13.6 12.7 16.5 15.9 15.9 17.0 c .18.7® 20.0 c 14.5 .12.3c l4.4c 15.2 1.71 13.0 1.40 1.29 12.5 Hote: • glossary of teras used i s Included i n the Appendix. a Bstimated for 1930 by the FHA on the basis of the boundaries of the 1940 aetropolitan b district. Distribution based on fewer than 26 cases. c Coaputation based on fewer than 6 cases. HOMES IN METROPOLITAN DISTRICTS SAN 185 ANTONIO METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 a Number I n central city Outside central city : Metropolitan district Percent 1940 For sale or rent Increase 1930® estimated by F H A Number N o t for sale or Percent rent Number 253,854 65.156 231.542 47.729 22,312 17.427 9.6 36.5 65.751 15.590 55.703 10,242 10,048 5.348 18.0 52.2 245 149 3.758 923 5.5 l i s 319.010 279.271 39.739 14.2 81.341 65.9*5 15.396 23.3 39* 4,681 5.* 86,416 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number Amount 3.022 1935-40 Amount Number 12.454,930 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units National banks State banks Savings and loan assns. Mortgage companies Insurance companies New homes 0.2 216 513 •V)K. . 629 1.073 1934-35 1936 1937 1938 1939 1940 $ 786,100 903.157 1.295,750 2,595,100 4,276,000 ...4,167,100 Existing homes 8.014 1934-40 15,023,207 3.737 Total homes Amount of mortgage as a percent of F H A valuation of property 0.6 5-7.. 71.2 12.1 19.7 58.6 7.2 86 81 76 71 61 to to to to to 14.7 7.4 13.9 50 or less 100.0 100.0 100.0 Percent distribution 1- to 4family homes New homes 90 85 80 75 70 1.0 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property Percent distribution 8.4 34.1 .18.6.. 17.7 16.0 ..3.5.. Average FHA value of property $ 2.724 3.^72 ..4,320.. 5.^61 6,619 ..8,740., 1.7 12,070 100.0 4,748 ^.599 ^.738 $2,655 3,488 ...4,316., 21.4 5.^36 9.3 6,773 ..8.9.. ...8,828. 12,569 7.2 17-9 20.5 Average FHA value of land Land as a percent of property value 12.8 13.1 650., 900 1,117 ...1,572. 2,413 ...15.0 16.5 16.9 ...18.0 20.0 15.6 739 713 7^3 $490 683 ...900., 1,138 1,227 .1.695. 2,444 100.0 A l l groups: 1940 1,046 1939 939 1938 1,250 5.363 l o t s : A glossary of terms used i « included i n the Appendix, district. 15.5 15.7 18.5 19.6 ...20.9 20.9 18.1 ...19.2 19.4 1 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 86.1 2.5 9.. 10.5 Total 100.0 Number of rooms ^ w homes 100.0 All homes 65.5 8.0 ...70.2..., ....14.4 17.4 7-6 7.4 3.0 .jj...j 1,1 .4 100.0 Percent distribution 1-family homes Wood Brick Stucco Other Existing homes 73-8 8.9 Total Exterior material 1.3 47.8 49.9 2.633.195 Table 6.—Mortgage as a percent of value, 1940 Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes Amount 1.916 $536,913 1,740 5*7.456 336.. . . . . . 1 2 0 , 8 6 7 1.015 341,085 1.706 664.452 .... Total Number 3-6 ....2lT6.. 57.0 6.5 A l l others No garage 1-car garage 2-car garage 3-car garage A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Year Amount 2 25 Table 7.—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Number Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages 2 $70,425 Garage and car capacity 2.568.277 715 A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes $379,400 $406,700 89 127 1.447,280 455.877 155 p»?7 1,102,250.., . . . 5 8 ••«.193.500 2,066,200 528,900 501 128 3.775.200 500,800 937 136 482,500... 890.. . . . 3 , 6 8 4 , 6 0 0 . . . . . 1 1 1 . . . . 1935 1936 193 7 1938 1939 1940 Total Percent of total 63.4 10.7 g.9 17.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 6.1 2.7 61.6 44.6 28.7.. ....33.0 3.6 19.7 Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment $23.00 .22.4.. 12.7 17.2 ..7.3.. 5.9 100.0 6.9 12.9 .15.9.. 10.9 18.8 .17.8.. 16.8 27.05 ..31.25.34.07 42.05 ..47.10.. 58.96 34.48 n $23.43 Ratio of property value to income 2.48 2.15 ...1.92., 1.74 1.73 ...1.47., 1.15 1.75 1.80 1.79 ..30.13. 2.38 2.04 ...1.80.. 44!g4 ..48.06. 1.73 ...1.52., 26.08 63.59 1.36 1.16 Gross payment as a percent of income 21.4 18.7 ...16.7 15.0 15.0 ...12.8 10.2 15.2 15.7 15.5 21.4 18.1 ...16.7 13.3 15.7 ...12.9 10.3 A l l groups: 1940 100.0 19.7 1.50 40.67 1939 36.22 20.4 2 1938 38.14 3*3 13-8 Estimated for 1930 by the TEX on the basis of the boundaries of the 1930 metropolitan ,i:8 FEDERAL HOUSING ADMINISTRATION 186 FORTWORTHMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1930 a 1940 Number I n central city. Outside central city. Metropolitan district Percent 1940 Increase 1930,a estimated by FHA Number For sale or rent Not for sale or Percent rent Number 55.982 15.132 52,848 11,649 3.134 3.483 5.9 29.9 15.874 3.459 13.283 2,674 2.591 785 19.5 29.4 *24 884 183 5.3 5.0 16.792 3.666 71.114 64.497 6.617 ! 10.3 19.333 1 15.957 3.376 21.2 58 1.067 5.2 20,458 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number Number Amount $ 17.000 6 22 64,750 . . . . 1 0 . . . . , ....29,400 146,400 45 176,900 54 1935-40 194 - Total Table 7—Capacity of garage, 1940 New homes 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . 10,000 or more A l l groups: 1940 1039 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more All groups: 1940 1939 1938 10 $ 29,800 72,150 25 . . . . 1 0 . . . . . . . . . 2 9 400 146,400 5 \54 176,900 ,....57.... 201 1934-35 1936 193 7 1938 1939 1934-40 649.350 29.3 Wood Brick Stucco Other - Amount of mortgage as a percent of FHA valuation of property 86 to 90 81 to 85 76 to 80. 71 to 75 61 to 70 51 to 60. 50 or less Percent distribution 1- to 4family homes New homes Average FHA value of property $2,600 Average FHA value of land $319 3.455 6,267 467* 833* 3.946 438 Land as a percent of property value 12.3 11.3 .10.7. 8.6* 13.3 b Existing homes All homes 55.7 19-7 .19.7. 55.7 19.7 .19.7 •u •u Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms 93-2 3.4 Total 390.099 100.0 - New homes 100.0 13.6 35.6 .40.6. 5.1 5.1 All homes ....52.5 5.8 12.4 - 894 Table 6—Mortgage as a percent of value, 1940 Exterior material 6.6 67.2 26.2 Percent distribution Existing homes Amount $86,166 192 51.193 131 . . . . 3 8 . . . . , ....23.884 82,057 138 89,400 210 Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 FHA valuation of property Number Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total Year Amount Percent distribution of amount of 1- to 4-family home mortgages National banks 29-3 State banks Savings and loan assns..... . . . . 5 2 . 5 . . Mortgage companies 5.8 Insurance companies 12.4 Savings banks All others - No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage Number 20,200 7 Type of institution originating mortgages Xone Garage and car capacity All homes Table 5—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Amount $ 12,800 7,400 4 3 629,150 Table 4 — Rental projects Total 1935-40 Property improvement notes Existing homes New homes 1935 1936 193 7 1938 1939 Total Percent of total Existing homes - 3.4 - 100.0 - New homes 4 5 6 7 rooms or less rooms rooms rooms or more 15.3 61.0 ....16.9..., 6.8 Total 100.0 Existing homes - " - Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999...., 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . , 5,000 or more Percent distribution 16.9 30.5 .28.8.. 6.8 10.2 ..3.4.. 3.4 100.0 Average gross monthly payment $20.30 26.67 ..30.65... 35.00* 34.83 ..35.00*.. 29.50* 28.^1 Ratio of property value to income 2.43 2.07 Gross payment as a percent of income 20.7 .1.97... 17.8 .16.8 .1.03* .62* 15.7* 12.1 ..9.8* 5.2* 1.72 14.9 1.76* A l l groups: 1940 1939 Hot*: A glossary of terms used is Included in the Appendix. * Estimated for I93O on the basis of the boundaries of the 1940 metropolitan d i s t r i c t 1 defined by IHA and based on data furnished by the Bureau of the Census. ° Computation based on fewer than 6 cases. c Data not available. MOUNTAIN GEOGRAPHIC DIVISION Idaho, Montana, Wyoming, Nevada, Utah, Colorado, Arizona, and New Mexico are the eight States which f o r m the Mountain Geographic D i v i sion. Together they embrace 3.2 percent of the total United States population, or 4,150,003 persons, of whom 3,048,359 are nonfarm, including 772,727 who live i n the four metropolitan districts. Population i n 1940 Mountain Division United States Percent Percent Percent of U n i t e d States Total Nonfarm Metropolitan districts - Population density per square mile - 4,150,003 3,048, 359 772, 727 4.8 3.2 100.0 100.0 73.5 18.6 100.0 77.1 47.8 44.3 The population of the four metropolitan districts constitutes only 18.6 percent of the total population of the Division, the smallest proportion of any geographic division. This compares w i t h 47.8 percent for the United States. The Division and the metropolitan districts i t contains are shown on the map on the following page. Despite the relative unimportance of the metropolitan districts i n this Division, the combined population of the districts, together w i t h the smaller cities and towns, yields a nonfarm population constituting 73.5 percent of the total, only slightly less than the 77.1 percent nationally. O f the nonfarm population of the Division, the four metropolitan districts account for only 25.3 percent, less than i n any other geographic division, and much less than the average of 62.0 percent for the metropolitan districts of the Nation. Possessed of 28.9 percent of the land area of the United States and only 3.2 percent of its population, the Mountain Division has the lightest population density of any geographic division, 4.8 persons, compared w i t h 44.3 persons per square mile nationally. Economic characteristics. Agriculture is the principal industry of the Mountain Geographic Division. Second i n importance is trade. Trans463560 0 - 42 - 13 portation, service occupations, and manufacturing follow. These metropolitan districts are prim a r i l y distributing and servicing centers for a large surrounding territory. The Denver Metropolitan District, because of its singular location i n almost the exact center of that part of the country west of the Mississippi River, and because of its transportation service which includes seven railway systems and numerous bus and airplane line$, is a great distribution center. Manufactured products having a wide market include packed meat and flour. Most other industries produce for local consumption. Numerous state and federal governmental agencies have headquarters i n Denver. A m o n g these are the Colorado State capital, a U n i t e d States M i n t , a large A r m y hospital, the L o w r y Field A i r Corps Technical School, the Denver Ordnance Plant, and the headquarters of several regional federal offices. The most highly industrialized of the metropolitan districts i n the Mountain Geographic D i vision is that of Pueblo. I t s character is shaped by the mineral deposits of the surrounding region, f r o m which come coal, iron, silver, gold, lead, copper, and zinc. I m p o r t a n t industries are railroad shops and yards, smelting of silver and copper, mining, and manufacture of steel products. The Phoenix Metropolitan District is the capital of Arizona, and a famous winter resort. I t s principal industrial establishments exist to process and ship the fruits, grain, cotton, sugar beets, and other agricultural crops produced on the surrounding agricultural tracts. Other sources of income are the government offices, retail and wholesale trade, and service trades. The Salt Lake City Metropolitan District occupies a strategic position i n the mountain area. I t is second only to Denver as a distributing center i n this region. I t supplies large amounts of equipment to nearby smelters and refiners. P r i n t i n g and publishing, m i n i n g and smelting of lead and copper, refining of oil, lead, and copper, and the 187 188 FEDERAL HOUSING 1940 METROPOLITAN ADMINISTRATION DISTRICTS IN THE MOUNTAIN DIVISION s \ "7 < L\ ^f I r I SALT LAKE CITY DENVER \ \ ' PUEBLO > \ \ \ ^ ^ = A R E A OF METROPOLITAN DISTRICTS WITH AN AGGREGATE POPULATION OF 5 0 , 0 0 0 OR MORE IN THE CENTRAL CITIES r j PHOENIX 1 HOMES I N METROPOLITAN 189 DISTRICTS manufacture of confectionery, clay articles, and textiles comprise its industrial activities. The income f r o m the university, the numerous governmental agencies, the tourist trade, and the Mormon Church aid in reducing the economic fluctuations which attend mining, a paramount industry i n this area. F H A activity. There were 219,513 occupied dwelling units of all types enumerated by the 1940 Census i n the four metropolitan districts located w i t h i n the Mountain Geographic Division. F r o m 1935 through 1940, the F H A accepted 11,750 mortgages for insurance, or 5.4 percent of the total inventory. This F H A proportion was much greater than the 3.2 percent for the 140 metropolitan districts of the Nation. F H A activity among metropolitan districts of the Mountain Division was relatively highest in the Salt Lake City Metropolitan District, where small home mortgage acceptances by the F H A amounted to 7.6 percent of the total occupied dwelling units. F H A ' s share i n the Pueblo Metropolitan District was only 2.8 percent, the smallest proportion i n any of the four metropolitan districts. Between these two extremes f a l l the Phoenix Metropolitan District, i n which the proportion of dwelling units represented by insured small home mortgages was 6.8 percent, and the Denver Metropolitan District, where i t was 4.2 percent. D u r i n g the decade 1930-40 some 49,341 occu- pied dwelling units of all types were added to the housing inventory i n the four metropolitan districts of the Mountain Division. I n the six years 1935-40 the F H A accepted f o r insurance mortgages on 7,275 new, small homes, or 14.7 percent of the increase, a somewhat larger share than for the total 140 metropolitan districts of the United States i n which F H A ' s share was 13.1 percent. Approximately one of every four dwelling units added i n the Salt Lake City Metropolitan District i n the last decade was financed under the F H A plan. Of the 10,548 occupied dwelling units added, 2,629 or 24.9 percent were F H A mortgage acceptances on new, small homes. F H A ' s share i n the remaining three metropolitan districts was much less and quite uniform. I n the Pueblo Metropolitan District mortgage acceptances on new, small homes by the F H A represented 13.0 percent of the dwelling unit addition; i n the Phoenix Metropolitan District the proportion accounted for by the F H A was 12.4 percent; i n the Denver Metropolitan District i t was 11.7 percent. Individual metropolitan districts. Set f o r t h on the following pages are F H A and the Bureau of the Census data for each of the four metropolitan districts located w i t h i n the Mountain Geographic Division. Some analytical uses of these data appear at the beginning of this section. A n explanation of the terms used in the tables is given i n the Appendix Glossary. Population, Occupied Dwelling Units, and F H A Activity in Mountain Metropolitan Districts Occupied dwelling units enumerated i n the 1940 Census Estimated increase 1930-40 Population i n 1940 Metropolitan district Number in 1940 Number Denver, Colo. a Pueblo, Colo.» Phoenix, A r i z . a Salt Lake C i t y , U t a h . * D i v i s i o n total 140 district total a b - . Percentage increase, 1940 over 1930 1- to 4-family mortgages accepted for F H A insurance, 1935-40 On all homes Number 384,372 62,039 121,828. 204, 488 114,002 16, 373 34,278. 54,860 772, 727 219, 513 49, 341 29.0 11,750 62,965, 773 17, 220,831 2, 744,341 19.0 546,842 23,319 2,175 13,299 10, 548 . 25.7 15.3 . 63.4 23.8 4, 840 454 2,314 4,142 On new homes As a % of all occupied dwellings i n 1940 4.2 2.8 6.8 7.6 Number As a % of the 1930-40 increase i n dwellings 2,720 282 1,644 2, 629 11.7 13.0 12. 4 24.9 5.4 7, 275 14.7 3.2 358, 587 13.1 Occupied dwelling u n i t data for 1930 were estimated on a basis approximating the boundaries of the metropolitan district as established i n the 1940 Census. Occupied dwelling u n i t data for 1930 were estimated on the basis of the boundaries of the metropolitan district as established i n the 1930 Census. FEDERAL HOUSING ADMINISTRATION 190 DENVER METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 a Number I n central city.. Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930, * estimated by F H A Number N o t for sale or Percent rent Number 322,412 61,960 287,861 43,928 34.551 18,032 12.0 41.0 96,794 17,208 79.351 11.332 17,443 5.876 22.0 51.9 177 173 4,183 629 4.1 3.5 101,154 18,010 384,372 331.789 52.583 15.8 114,002 90.683 23.319 25.7 350 4,812 4.0 119.164 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Number Number Amount 26 110 $ 123,000 489,200 2,307,600 508 642 2.937.100 ...1,226... ...4,970,600... 1938 1939 1940. 2,720 1935-40 11,801,644 Mortgages: Number Amount... Projects: Number Dwelling units Amount 109 $ 365,750 300 856,200 . . . . 3 I 8 . . . . ....992,200.... 1,416,800 419 1,854,800 535 2,120 7,084,750 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages Number A l l others 4,840 New homes .1 Existing homes All homes New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more Wood Brick .3 Other A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 3.9 .31.6. 16.2 12.9 ..2.3. .9 100.0 7.6 30.6 .29.4. Ik. 6 11.2 ..5.1. 1.5 Average FHA value of property Average FHA value of land $ 2.751 3.507 ...4,369.. $201 287 6,646 ...8.583.. 12,^30 538 ...922.. 1.291 4,658 5,329 5.352 $ 2.578 3,442 ••4.378.. 5.3*1 6,922 ..8,740.. 11,804 478 500 $ 339 408 ...504.. 588 831 .1,018.. 1,424 4,423,433 86 to 90 81 to 85 76 to 8 0 . . . 71 to 75 61 to 70 51 to 60 50 or less New homes Existing homes All homes 72.9 53.2 7.5 5.4 ...14.5.... .7.78.7.... ...31.8 10.4 2.6 4.8 5-2 1.8 2.8 6.... ....4.1.... ....1.5 .1 1.6 •5 Total 100.0 Percent distribution 1- to 4family homes 100.0 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Number of rooms Total 100.0 32.2 Amount of mortgage as a percent of F H A valuation of property Exterior material 7.6 67.O pC 1 Percent distribution b " 100.0 11,992 Table 6.—Mortgage as a percent of value, 1940 Percent distribution l - f a m i l y homes Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property 1934-40 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total 1938 1939 1940 18,886,394 Amount 2,744 $966,234 2,132 771.748 486... 1,860 616,220 2.347 763.703 . . . 2 , 4 2 3 . . . ...1,113,468 1934-35 1936 $488,750 1.345,400 1,966 344 3.724,400 927 4,791.900 1.177 . . 1 , 6 6 5 . . . . ...6,569,600 Percent distribution of amount of 1- to 4-family home mortgages 100.0 Table 7—Capacity of garage, 1940 ... Number 135 410 2 192 Garage and car capacity Year Amount 22.9 7.4 11.4 2.7 2.2 2.3 ....21.8... ....15.1... ....20.1 47.6 57.8 61.3 8.4 7.2 11.7 National banks State banks Savings and loan assns Mortgage companies Insurance companies 2 $ 870,000 Total N o garage 1-car garage 2-car garage.. 3-car garage A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes 1935 1936 Total Percent of total Land as a percent of property value 7.3 8.2 ..8.1 8.2 8.1 .10.7 10.4 8.3 9.0 9.3 13.1 11.9 .11.5 11.0 12.0 .11.6 12.1 New homes Existing homes 40.0 15.6 72.1 3.8 2.1 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms. rooms or more Existing homes 16.5 47.9 45-7 42.4 6.4.... .....22.0 15.8 3.3 Total 100.0 ( 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more Percent distribution 7.4 34.1 .28.9. 10.2 12.5 ..3.6. 3.3 100.0 J'2 26.1 .28.8.. 9.8 16.6 ..4.8.. 8.7 Average gross monthly payment Ratio of property value to income $ 26.13 30.18 ...35.85.. 39.93 44.59 ...54.98.. 64.85 2.54 2.24 .2.04.. 1.89 1.75 .1.55.. 1.32 36.35 41.65 42.63 $ 22.67 29.21 ...32.80.. 37.93 43.71 ...58.09.. 59.13 1.95 1.99 1.95 2.38 2.14 .1.83... 1.74 1.62 .1.67... 1.17 Gross payment as a percent of income 23.4 20.8 .19.1 17.8 16.5 .14.9 12.3 18.2 18.7 I8.5 21.4 20.2 .17.5 16.9 15.5 .16.2 10.4 16.0 100.0 A l l groups: 1940 1.69 37.15 11.7 551 16.0 I.65 1939 36.90 13.0 588 1.76 17.3 1938 39.29 13.2 _622_ Vote: A glossary of terns used i s included in the Appendix, » l a t i a a t e d for 1930 by the IHA on the basis of the boundaries of the 1940 Metropolitan d i s t r i c t . * Lass than 0.05 pereent. A l l groups: 1940 1939 100.0 4,711 4,539 4,810 HOMES IN METROPOLITAN DISTRICTS 191 PUEBLO METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930* Number I n central city Outside central city Metropolitan district Percent 1940 For sale or rent Increase a 1930, estimated by F H A Number Not for sale or rent Percent Number 52.162 9.877 50.096 8.558 2.066 1.319 4.1 15-* 13.9*3 2.430 12.321 1.877 1.622 553 13.2 29.5 3 i 314 37 2.2 1.5 14.290 2.473 62,039 58.654 3.385 5.8 16.373 14,198 2.175 15.3 39 351 2.1 16,763 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes M<>rtgages on 1- to 4-family homes Existing homes New homes Year 4 $3,900 11 15.400 32,200..., . . . . 2 7 144,900 10 351.000 68 ....52.... 2 6 g 30 1938 1939 1940 Number Amount Number. 1935 1936 Total Percent of total , 8 A l l homes Amount $10,350 23.900 76.300.... 30.800 172.400 Number Amount 6 17 .... ... 4o 159 ,...197.... $14,250 39.300 ....108,500 175.700 523.400 $ 76.635 60.937 195 159 ? 1937. 1938 1939 1940 • ....71.. 114,067 ••145,570 . . .470. 282 1935-40 1,106,100 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number. Amount Projects: Number Dwelling Type of institution originating mortgages New homes Existing homes _ Hone 100.0 Total " l y o 3-car garage Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4 000 to 4 999 5,000 to 5,999 6,000 to 7,999 8 000 to 9 999 10,000 or more Wood Brick .4 Other 4U.4 6.6 42.5... 6.5 100.0 A l l groups: 1940 1939 1938 Percent distribution 3-2 28.7 100.0 Total Average FHA value of property $ 2,520b Average FHA value of land 100.0 *.399 c c 8:1 ...21.4.., - 100.0 Land as a percent of property value s i-i 287 c c 6.5 c c $277 100 10.7 8.8 • a * U..4.365... 11.8 5.2*8 6 . 57 . . 6.585 ....600* 8,500 700 b 10,500 b .7 5r2 5.190J 6,200 7.ib 6.7* 390 J 833 - - - 3.775 c c 355 c c 9.* c c Hote; A glossary of terns used i s included i n the Appendix. a Estimated as defined by TEA and based on data furnished by the Bureau of the Census. Total 100.0 100.0 All homes 50.7 7.8 U .9 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes New homes 5-1 82.5 Existing homes Number of rooms Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 100.0 New homes 70.1 10.8 ....10.8... ....76.7... 3.8 6.7 11.7 , 3.1 7... 3.3... i J .7 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Exterior material homes N o garage 1-car garage 100.0 Percent distribution 1- to 4family homes Percent distribution 1-family homes Percent distriGarage and car capacity 16.4 - Amount of mortgage as a percent of F H A valuation of property Table 8 — Material of construction, 1940 Table 7.—Capacity of garage, 1940 t 13.* 21.2 A l l others All homes 1.8 ....66.8 11.1 3.9 7.9 487.814 1.418 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns..... . . . . 6 4 . 7 . . . 13.0 Mortgage companies 1.1 Insurance companies b 1.57*.250 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 454 468.150 172 19.7 21.4 58.9 New homes 61.4 4 rooms or less 5 rooms 7 rooms or more 100.0 Total Existing homes 16.1 67.9 1.3 5.3 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 22.3 $ 23.60 2.59 9-9 20.1 28.9* 2.28 32.9 ....26.9.. ....33.2*... ,...2.06.... ....18.5 15.7 17.1 35.31 1.7* 15.7 v 9.9 *2.93. 11.6 b 2.0.. . . . . * 2 . 3 3 b , . . . 1 . 2 2 . . . I5.6b 7*.50b 1.65 b 1.3 100.0 32.91 c c 1.98 c c 17.7 c c 1.8 $ 15.00b 15.0b l.83b 28.58 19.7 *3.6 1.98 . . . . 2 7 . 3 . . . . . . 2 8 . 2 7 .b. . . . . . 1 . 5 6 . . . . . . . . 1 4 . 9 36.20 9.1 15.95 b b 36.00 i.30 12.3? 5.5 b b 10.7 b 7.2.. ,...38.25 b , . . . i . 0 7 . . . b 5*.oo 10.5 b .89 5.5 A l l groups: 1940 100.0 31.** 1.52 15.2 c 1939 c c c c 1938 c 1930 on the basis of the boundaries of the 1940 metropolitan d i s t r i c t Confutation based on fewer than 6 cases. e Data not available. FEDERAL HOUSING ADMINISTRATION 192 FORTWORTHMETROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930* Number I n central city Outside central city Metropolitan district Percent 1940 Increase 1930, * estimated by FHA Number For sale or rent Not for sale or Percent rent 65,414 56,414 48,118 34,841 17,296 21,573 35.9 61.9 19,290 14,988 12.558 8.421 6,732 6.567 53.6 78.0 154 59 1.251 745 6.0 4.7 20,695 15.792 121.828 82,959 38.869 46.9 3M78 20.979 13.299 63.4 213 1.996 5.5 36,487 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number Amount 1,644 1935-40 Number Total 1935-40 Mortgages: Number Amount Projects: Number Dwelling units National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks All others $69,000 1 All groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Number $ 421,500 1,149,279 1,372.100 l,43g.OOO 1,832,000 1934-35 1936 193 7 1938 1939 8,413,179 New . homes Existing homes 66.5 42.0 23.9 3M 7.6... ....13.8 1.4 9.2 100.0 Wood Brick Other Average FHA value of property 11.4 $2,554 3,500 4l.l 30.5.. . . . 4 , 3 4 8 . . . 5,4o4 7.9 6,565 6.9 l . l . . ,...8,283... l.l 1^,750 100.0 4,192 b b 31.9 30.1 • 2,473 3,395 5.383 6.743 c •••8,860 ®..j 16,250 Average FHA value of land New homes Existing homes 6.4 50.1 . . . 22.2..., 21.3 2.6 47.4 43.9 6.1 100.0 Land as a percent of property value 10.4 9.0 5+24... . . . . 9 . 8 10.8 583 10.7 700 950... ...11.5 13.1 1.933 $266 416 b b 9.9 b b $315 12.7 412 12.1 506-..• •••11.8 692 12.9 750 11.1 890 c . . ...10.0® 1.657 10.2 2,^67.793 New homes Existing homes 62.7 15.5 ....12.0... ...154.6... 2.8 18.5 4.4 17.6 2.0... .6 1 IS- Total 100.0 100.0 All homes 51.7 12.9 19.2 H 2.7 1.1 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Total 100.0 5,708 Percent distribution 1- to 4family homes Percent distribution 1-family homes Exterior material 15.U 6i.l .22.7 .8 5.3 6.2 .•••4.4 6.2 .1 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes Percent distribution Amount of mortgage as a percent of FHA valuation of property 100.0 100.0 615 871 $ 657,074 391,079 I53 068 349,646 438,490 287 Table 6.—Mortgage as a percent of value, 1940 All homes ~6... Amount 1,859 973 1934-40 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9,999 10,000 or more 129 296 362... 410 504 613... - Total Table 7.—Capacity of garage, 1940 FHA valuation of property Year Amount 2,314 36.9 37.2 ....15.1... 10.8 21 Total Number 2,063,424 Type of institution originating mortgages 1 No garage 1-car garage 2-car garage.. 3-car garage Amount Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Garage and car capacity All homes $320,400 429,524 270,900... 303,100 357,500 382,000... 670 6.349.755 Table 4.—Rental projects Property improvement notes Existing homes $ 101,100 22 107 719.755 160 136 . . . . 261... . . .1,101,200... . . . . 1 0 1 1,134,900 307 103 1,474,500 112 392 ...1,gig,300... 111 1935 1936 193 7 1938 1939 Total Number . Percent of total 100.0 New homes 4 rooms or less 5 rooms 6 rooms 7 rooms or more Existing homes 21.9 32.1 37.7 45.8 . . . . 2 6.3 ....19.3.... 14.1 2.8 Total 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more All groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499.... 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999.... 5,000 or more Percent distribution Average monthly payment $24.86 2.7 25.8 29.39 .32.2.. ...3^.78., 10. u 40.36 19.1 ^3.05 ...52.71.. 5.1 71.31 100.0 8.4 15.9 .31.7" 7-5 18.7 ..1.9. 15.9 37.97 b b $22.00 27.06 . . . 31.85-•• 31.38 36.35 ...69.00®.. 87.53 Ratio of property value to income Gross payment as a percent of income 2.38 25.0 1.89 20.4 .1.72... . . . . 1 8 . 5 18.1 1.62 15.7 1.44 .1.25... . . . . 1 3 . 9 12.0 1.13 1.56 17.0 b b 21.2 1.9^ 18.6 1.64 .1.59... . . . 1 7 . 1 13.8 1.20 13.* 1.33 ' . i . 8 7 c . , , . . .17.8® 12.6 1.25 All groups: 1940 All groups: 1940 100.0 1+0.61 100.0 i.4i 4,596 530 14.7 11.5 1939 1939 b b b b b b 1938 1938 b b b b b b Note: A. glossary of ter»s used is included in the Appendix. *Istimated for 1930 on the basi* of the boundaries of the 1940 metropolitan district as defined by FHA and based on data furnished by the Bureau of the Census. * Data not available. 0 Computation baaed on fewer than 6 cases. 193 HOMES IN METROPOLITAN DISTRICTS SALT LAKE CITY METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930* Number I n central city Outside central city Metropolitan district Percent 1930, * estimated by F H A 1940 149,934 54,554 140,267 44,184 9.667 10,370 6.9 23-5 41,353 13.507 204,488 184,451 20,037 10.9 54,860 | Increase Number For sale or rent N o t for sale or Percent rent 34,410 9,902 6,943 3,605 20.2 36.4 92 270 1,626 239 3-8 1.7 43,071 14,016 44,312 10,548 23.8 362 1,865 3.3 57.087 Table 2 — N e t volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number 1935 1936 193 7 1938 1939 1940 61 244 319... 561 534 J 1935-40 . Total Table 7.—Capacity of garage, 1940 New homes A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 100.0 2.6 21.9 .35.5.. 13.5 18.7 .,5.2.. 2.6 1 j1 homes 0.3 64.7 78.9 12.9... ....19.6 .3 2.6 d 4.9 12.5 100.0 100.0 100.0 Wood Brick Stucco Other .3 2.4 22.9 .39.0.. 18.4 13.7 ..2.6.. 1.0 100.0 Amount of mortgage as a percent of F H A valuation of property Total Average FHA value of property Average FHA value of land $2,614 $233 322 ...402. 516 718 ,. , 5.383 6,631 ...8,754. 11,189 4.832 4,929 5.097 $2,613* 3.520 ...4,380.. 5.199 6.593 ...8,813.. 12,875* Land as a percent of property value 1,219 8.9 9.1 ..9.1 9.6 10.8 .11.5 10.9 467 502 579 9.7 10.2 11.4 $338* 393 12.9* 11.2 ..11.7 12.4 16.9 .15.4 20.8* .1,010. 1,116 •1.356 2,675* $ 535.883 519.433 13b 570 43l!379 625.534 903.679 9,763 3.1«>0.478 Percent distribution 1- to 4family homes New homes Existing homes All homes 65.8 56.5 17.4 15.0 ....11.7... ....70.9... ....19.9 2.0 3.6 13.3 2.6 3.8 10.8 u... 1,1 5.O... .1 .1 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Total 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Exterior material 100.0 Percent distribution Existing homes 1,733 1,646 363... 1,229 1,962 Table 6.—Mortgage as a percent of value, 1940 Number of rooms New homes Existing homes 74.0 1.6 18.1 64.5 lh.8 2.6 100.0 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more Existing homes 2.0 12.9 53.5 .26.5 7.1 100.0 100.0 49.7 k li Total ... Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 ^ . . . , 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 712 13.9 5.119 14.1 657 4,644 15.7 4.804 _Z56_ Vote: A glossary of tsrms i s included in the Appendix. a Based on the metropolitan d i s t r i c t on fewer than 6 cases. A l l groups: 1940 1939 1934—40 16.086.080 Percent distribution 1-family homes O CM If sss New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1934-35 1936 1937... 1938 1939 1940 $1,189,300 2,291,680 2,055,200 3,222,600 2,945,700 13.8 Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 4.142 Amount Number -Material of construction, 1940 Percent distribution all 1- to 4-family homes Total Year . Amount 360 678 549... 788 720 $974,350 1,295,680 723,500... 816,600 675,900 0.4 62.4 ....20.6... .2 2.6 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others No garage 1-car garage 2-car garage 3-car garage Number Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages Hone Garage and car capacity Amount 5.034.930 1.513 A l l homes Table 5.—Type of originating mortgagee, 1940 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number... Dwelling units 299 434 230... 227 186 137... 11,051,150 Table 4.—Rental projects Total 1935-40 Number $214,950 996,000 1,331,700., 2,406,000 2,269,800 ....3,832,700.J 2.629 Property improvement notes Existing homes Amount Total Percent of total Number Percent distribution Average gross monthly payment 13.4 $24.98 32.9 30.37 .26.0.. ...35.18.. 10.6 38.77 45.72 11.5 52.65.. ..2.8.. 61.23 2.8 100.0 35.05 36.63 37.94 4.1 $23.33 21.6 30.69 ,.31.0.. ...32.70.. 12.2 34.28 17.6 46.69 . . 8 . 1 . . ...49.33.. 5.4 74.38 Ratio of property value to income 2.74 2.48 .2.19... 1.99 1.87 .1.59... 1.15 2.11 2.04 1.97 Gross payment as a percent of income 22.8 21.2 ...19.1 17.5 16.5 ...14.1 10.6 18.3 18.2 17.4 22.3 2,71 20.9 2.32 .1.98.... ...17.5 1.80 15.5 1.88 16.3 .1.52.... ...13.9 1.09 10.0 38.14 100.0 1.79 1940 15.9 36.22 1939 1.70 15.9 38.08 1938 1.60 15.0 as established i n the I93O Census. * Confutation based 194 FEDERAL H O U S I N G 1940 METROPOLITAN DISTRICTS IN THE PACIFIC DIVISION ADMINISTRATION PACIFIC GEOGRAPHIC The States of California, Oregon, and Washington comprise the Pacific Geographic Division and together contain 7.4 percent of the total U n i t e d States population, or 9,733,262 persons of whom 8,504,809 are classified as nonfarm. O f these 6,211,129 live w i t h i n the eleven metropolitan districts. P o p u l a t i o n i n 1940 Pacific D i v i s i o n Percent of U n i t e d States.. Total Nonfarm ... M e t r o p o l i t a n districtsP o p u l a t i o n density per square m i l e - 9, 733, 262 8, 504,809 6, 211,129 30.6 United States Percent 7.4 Percent 100.0 100.0 87.4 63.8 100.0 77.1 47.8 44.3 The eleven metropolitan districts contained therein, each located entirely inside the boundaries of the Pacific Division, embrace 63.8 percent of the entire population of the Division, a share substantially above the 47.8 percent f o r the metropolitan districts i n the Nation as a whole, and exceeded only i n the New England and Middle Atlantic Geographic Divisions w i t h 69.7 and 76.4 percent, respectively. The Division and the metropolitan districts i t contains are shown i n the map on the opposite page. A l t h o u g h the Pacific Coast is often thought of as f a r m i n g territory, the population is principally of a nonfarm character, as is evidenced by the fact that the combined population of the metropolitan districts and smaller cities and towns embraces 87.4 percent of the total, as compared w i t h only 77.1 percent for the Nation as a whole. B y themselves, the eleven metropolitan districts contain 73.0 percent of this nonfarm population as compared wath only 62,0 percent nationally. This Division encompasses 10.7 percent of the land area of the U n i t e d States, contains but 7.4 percent of its population, and has a population density of only 30.6 persons per square mile as compared w i t h 44.3 i n the United States as a whole. Economic characteristics. The Pacific Geo- DIVISION graphic Division is well diversified economically. Private income is generated i n an almost equal degree by agriculture, manufacturing, trade, and the service industries. A considerable variety of manufactures emanates f r o m the metropolitan districts of this geographic division. A discussion of the principal economic activities of each follows. The Los Angeles Metropolitan District is the most populous in the Pacific Geographic Division. I t has long been a popular resort city, the tourist trade constituting an important source of income. The principal manufactures are petroleum products, motion pictures, airplanes, canned goods, clothing, chemicals, drugs, and rubber products. The largest export volume of any Pacific Coast port moves through its port at L o n g Beach. Second i n size among the metropolitan districts i n this Division is that of San Francisco-Oakland. I t is the principal financial center of the West, the site of one of the major regional stock exchanges, and the headquarters for the f o u r t h largest bank i n the Nation. I t is the principal port of importation on the Pacific Coast and the terminus for several major railways. A m o n g its products are steel, canned and dried fruits, packed meat, clothing, books and periodicals, and ships. The metropolitan district of Seattle is the chief distributing center of the Pacific Northwest. I t is a major Pacific Coast port and the principal one serving Alaska. I t s manufactured products include ships, airplanes, wood and wood products, pulp and paper, canned salmon, and flour. The principal products of the Portland Metropolitan District are lumber, furniture, woodwork, flour and cereals, woolen textiles, canned f r u i t s and vegetables, p r i n t i n g and paper products, and iron and steel products. W i t h reference to the smaller metropolitan districts i n California, the principal industries of the Fresno Metropolitan District are plants for the collection and processing of grapes and raisins, flour mills, and equipment supply houses f o r the nearby oil fields. I t is a trade and servicing 195 196 FEDERAL H O U S I N G center i n the San Joaquin Valley. The Sacramento Metropolitan District contains the capital of the State of California and has many persons i n government service. Aside f r o m its role as the seat of government, i t is the distributing and trading center for the Sacramento Valley. I t contains repair shops for two major railway systems, and its manufactured products include canned fruits, flavoring extracts, and lumber. The metropolitan district of San Diego is a popular resort spot, the site of large A r m y and Navy airfields, and the Pacific Coast Base of the Marine Corps. I t s manufactured products include airplanes, canned fish, citrus products, and confectionery. I n the San Jose Metropolitan District, the f r u i t industry is the most important, followed by flour milling, the t r i m m i n g of lumber, and marble-cutting and polishing. The Stockton Metropolitan District is a major manufacturing center i n California. I t s principal products are agricultural machinery, lumber and paper products, motorboats and trucks, and canned f r u i t s and vegetables. I n the State of Washington the metropolitan district of Spokane serves as a distribution point for Eastern. Washington, Northern Idaho, and Western Montana. I t is served by five railway lines. The major manufactured products are derived f r o m the surrounding farms, mines, and forests. A m o n g them are lumber and paper ADMINISTRATION products, cement, oil products, flour, cereal food, pottery, tinware, and canned fruits and vegetables. The Tacoma Metropolitan District produces ships, large quantities of rough and finished lumber and lumber products, refined copper, canned meats, flour, and boilers and engines. I t is the location of large railroad shops, the hub of an important tourist trade, and the site of F o r t Lewis and McChord A i r Field. F H A activity. O f the 1,979,515 occupied dwelling units of all types enumerated w i t h i n the eleven metropolitan districts of the Pacific Geographic Division by the 1940 Census, the F H A had accepted for insurance mortgages on 6.8 percent of the total, or 134,028 small homes through December 31, 1940. This share f o r the F H A is more than twice the 3.2 percent f o r a l l metropolitan districts of the United States. F H A ' s proportion among the metropolitan districts was not uniform, however. I t was least in the Portland Metropolitan District where the number of small home mortgages accepted f o r insurance by F H A represented 2.8 percent of the total dwelling units, and i t was the greatest i n the Fresno Metropolitan District where F H A mortgage acceptances were 10.3 percent of the dwelling units. I n the Los Angeles Metropolitan District F H A ' s share was 6.5 percent, i n the San Francisco Metropolitan District 9.1 percent, and i n the Seattle Metropolitan District 6.5 percent. Population, Occupied Dwelling Units, and F H A Activity in Pacific Metropolitan Districts Mortgages accepted for F H A insurance, 1935-40 Occupied dwelling units enumerated i n the 1940 Census Metropolitan district Estimated increase 1930-40 Population i n 1940 Number in 1940 Number Seattle. Wash.* Spokane, Wash. Tacoma, Wash. a Portland, Oreg. a Fresno, Calif. Los Angeles, Calif. •» Sacramento, Calif. San Diego. Calif.® San Francisco, Calif. b San Jose, C a l i f > Stockton, Calif. __ _ . D i v i s i o n total 140 district total ... 452,639 141,370 156,018 406,406 97, 504 2, 904, 596 158,999 256, 368 1, 428, 525 129, 367 79, 337 153,293 44,117 . 49,627. 133, 333 27,908 . . .931,229. 46, 086 79,825 454,696 37, 690 21,711 Percentage increase, 1940 over 1930 36, 211 8, 835 8,945. 24, 830 6,712 247,078. 12,465 25,113 84,239 8, 501 5, 896 30.9 25.0 22.0 22.9 31.7 36.1. 37.1 45.9 22.7 29.1 37.3 On new homes On all homes Number 9,974 1,628 1,498. 3, 726 2,886 60,377. 4, 653 4, 707 41,172 2, 200 1,207 As a % of all occupied dwellings i n 1940 .. 6.5 3.7 3. 0. 2.8 10.3 6. 5. 10. 1 5.9 .9.1 5.8 5.6 Number 4,481 674 589. 1, 888 2,088 45, 284. 3,262 3, 336 23,148 1,518 725 As a % of the 1930-40 increase i n dwellings 12.4 7.6 6.6 7.6 31. 1 18.3 26.2 13.3 27. 5 17.9 12.3 6, 211,129 1,979, 515 468,825 31.0 134, 028 6.8 86,993 18.6 62,965, 773 17, 220,831 2, 744, 341 19.0 546,842 3.2 358, 587 13.1 » Occupied dwelling u n i t data for 1930 were estimated on the basis of the boundaries of the metropolitan district as established i n the 1930 Census. Occupied dwelling u n i t data for 1930 were estimated on a basis approximating the boundaries of the metropolitan district as established i n the 1940 Census. b HOMES I N METROPOLITAN DISTRICTS Not only has the F H A accepted for small home mortgage insurance a larger relative share of the total occupied dwelling units i n the eleven metropolitan districts of the Pacific Division than i n the 140 metropolitan districts of the Nation, but also i t has accepted a larger share of the new dwelling units added inside these metropolitan districts d u r i n g the years 1930-40 than i n a l l the 140 metropolitan districts. I n the last decade 468,825 occupied dwelling units were added i n the Pacific Division. I n the last half of that decade, 1935-40, the F H A accepted f o r insurance 86,993 small home mortgages, or 18.6 percent of the total dwelling u n i t addition, as compared w i t h but 13.1 percent i n the 140 metropolitan districts. F H A activity varied considerably among the several districts. I n the Tacoma Metropolitan 197 District F H A small home mortgages accounted for only 6.6 percent of the dwelling units added, while i n the Fresno Metropolitan District these acceptances were 31.1 percent of the dwelling unit addition. F H A ' s share i n the Los Angeles Metropolitan District was 18.3 percent, i n the San Francisco-Oakland Metropolitan D i s t r i c t 27.5 percent, and i n the Seattle Metropolitan District 12.4 percent. F H A data for individual districts. F H A and Bureau of the Census data are presented on the following pages f o r each of the eleven metropolitan districts of the Pacific Geographic D i v i sion. A n appraisal of some of the uses which these data may serve appears at the beginning of this chapter. A n explanation of the terms used i n the tables appears i n the Appendix Glossary. FEDERAL HOUSING ADMINISTRATION 198 SEATTLE METROPOLITAN DISTRICT Table 1.—Census .data on population and number of dwelling units Population Number of dwelling units Increase ' Occupied Vacant, 1940 Area 1940 1930 a Number I n central city.. Outside central city Metropolitan district Percent 1940 For sale or rent Increase a 1930, estimated by F H A Number N o t for sale or Percent rent Number 5.8 5.8 368,302 84,337 365,583 55,080 2,719 29.257 0.7 53.1 126,Uio 26,883 100,996 16,086 25,4l4 10,797 25.2 67.1 703 912 7.807 1.707 ^52,639 420,663 31.976 7.6 153.293 117.082 36,211 30.9 1,615 9.511* Mortgages on 1- to 4-family homes New homes Number 1935 1936 1937. 1938 1939 246 $279,250 46l 855,550 1,365.500.. . . . . . 8 9 0 . . . 2,946,000 1,213 1,508 5,88^,200 ...1,175... 63 201 336... 665 1,363 ...1,853... 1935-40 4,4gi 19,^03,900 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I 17.351.970 5.^93 2 9.7 79.8 10.* .2 Total 100.0 New homes Existing homes .28.0. 28.0 17.1 ..3.9. 1.5 100.0 Average FHA value of land $2,766 3,530 ..4,438.. 5.362 6,585 ..8,535.13,091 $270 315 ...398.. 517 695 ...971. 2,066 5,144 5,221 5.279 $2,499 5M3 8.2 6,730 ...8,9^7.. 12,719 2.0 100.0 9.8 8.9 ..9.0 9.6 10.6 .11.4 15.8 511 572 659 9.9 11.0 12.5 16.6 $4l4 525 ....657.. 861 1,077 ..1,709.. 2,777 15.3 .15.2 16.1 16.0 .19.1 21.8 1.6.2 4,262 M 3 9 17.0 17.7 a 27.187 10.087.627 New homes Existing homes All homes Total 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution l - f a m i l y homes Number of rooms 100.0 Land as a percent of property value 3,607 $ 2,467,377 2,671,121 569,117 1,448,660 1,508,096 Percent distribution 1- to 4family homes New homes Existing homes 84.7 14.2 6... .5 Average FHA value of property 17.9 37.0 .22.4.. 9.7 ..2.8.. 100.0 New homes Total 7.626 7.243 ....1,3^6.. 48.0 30.0 9.3 15.1 21.1... ...73.U... ....40.7 9.7 14.9 6.4 9.2 9.6 8.9 0 4... ....1.9... .1 .2 .2 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Exterior material 690 705 14,368 773 A. glossary of terms used Is Included in the Appendix. A l l groups: 1940 1939 1938 lotej 2.1 19.4 Amount of mortgage as a percent of F H A valuation of property Percent distribution l - f a m i l y homes Table 10.—Averages by property value groups for 1-family homes, 1940 Percent distribution 6.5 6.3 10.2 56.4 29.0 4.0 6.3 2 0 . 9 . . . L . . . . 8.8 7.8 7.0 11.6 12.6 I....12.6... Wood Brick Stucco Other Amount Table 6.—Mortgage as a percent of value, 1940 homes 100.0 Number 1934-40 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage.. 3-car garage A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1934-35 1936 1937. 1938 1939 36,755.870 9,974 100.0 Total Table 7—Capacity of garage, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999., 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999., 10,000 or more $ 1,004,400 2.175.870 4, 059,000 6,909,300 10,644,400 Percent distribution of amount of 1- to 4-family home mortgages 4.1 3.3 9.1... 69.4 2.9 3.0... 8.2 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others 315 F H A valuation of property Year Amount 309 $ 725.150 662 1,320,320 2,693,500.. . . . 1 , 2 2 6 . . . 3.963,300 ' 1,878 2 , 8 71 U,760,200 3,889,500.. Type of institution originating mortgages 2 $ 1,119,400 Garage and car capacity Number Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 A l l homes Amount Number 164,U22 Property improvement notes Existing homes Amount 134,920 29,502 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Year Total Percent of total 79.3 11.7 6.8 2.2 100.0 4 5 6 7 rooms or less rooms rooms rooms or more 3^.7 52.7 8.9...J 3.7 Total 100.0 Existing homes 21.7 35.8 23.5 19.0 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Percent distribution 5.* 27.0 .31.8.. 12. 4 16.7 ..3.8.. 2.9 100.0 Average monthly payment $23.9^ 27.73 ...32.04., 35.^ 42.13 ...U7.03. 69.5s* 34.16 3^.79 35.64 $20.66 4.s 23.97 28.ll .30.5.. ...27.62.. 11.1 30.81 36.73 ...48.63.. 60.80 5.3 Ratio of property value to 2.83 2.51 2.25.. 2.04 1.89 ....1.59.. 1.62 2.12 2.02 1.94 2.22 1.92 ....1.71.. 1.60 .To.. 100.0 30.62 30.84 33.52 1.3* 1.66 1.59 1.56 Based on the metropolitan d i s t r i c t as established i n the I93O Census. Gross payment as a percent of income 21.5 18.9 .17.3 15.8 15.1 ..9.0 13.2 16.4 15.9 15.8 19.2 16.5 .1U.5 13.7 13.U ,.13.2 10.9 14.1 14.0 199 HOMES IN METROPOLITAN DISTRICTS SPOKANE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 Number I n central city Outside central city Metropolitan district Percent 1930, estimated by F H A 1940 122,001 19.369 115.514 13.284 6.487 6,085 5.6 45.8 38.950 5.167 141,370 128,798 12,572 9.8 44,117 | For sale or rent Increase Number N o t for sale or Percent rent Number 31.897 3.385 7.053 1.782 22.1 52.6 146 64 2.720 277 6.5 5.0 41.816 5.508 35,282 8,835 25.O 210 2.997 6.3 47.324 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year New homes Number 1935 1936 193 7 1938 1939 1940 2,503,200 674 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units Amount $ 118,550 229.300 613,100 725.500 2,670,450 954 National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others New homes Table 7.—Capacity of garage, 1940 4.2 54~7 4.3... 9.3 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999,. 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . , 10,000 or more A l l groups: 1940 1,173,600 1,390,000 1,628 Wood Brick Stucco Other 10.7 76.8 .7 1934-40 5.173.650 2.9 24.2 .41.4. 19.7 8.4 ..2.1. 1.3 100.0 28.7 39.5 .15.1 5.9 8.1 ..2.2.. •5 100.0 42.2 Average FHA value of property $2,607 3.^3 ...4,312.. 5.371 6,625 ...8,355s11,917 a 4,643 4.663 4,509 $2,453 3.355 ...4,396.. 5.391 6,342 ...8,375^ 18.500 a 3.808 Land as a percent of property value 9 I* 6.2 ..7.1 8.0 658 ...870a, 1,583a .io!?a 13.3a 363 392 381 7.8 8.4 8.4 $278 459 .484.. 591 697 .1,088®. 4,500a 474 $ 519,348 510,489 127,9o4 590,127 639.545 589.455 8,989 2,976,868 39.3 6.1 5.9 100.0 100.0 Percent distribution 1- to 4family homes Amount of mortgage F H A valuation of property All homes 12.S 84.9 10.9 $207 216 1.655 1,670 354... 1,640 1.744 1,926.. - Table 6—Mortgage as a percent of value, 1940 18.1 New homes 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Existing homes All homes 41.7 23.5 17.9 10.2 ....29.6... ....60.7.., ....42.9 20.4 13.2 . 7.5 13.6 3.3 1.6 1 .7 u- Total 100.0 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes 11.3 13.7 .11.0 11.0 11.0 .13.0aa 24.3 12.4 11.8 11.6 Existing homes 1.3 76.7 13.5 U.9 4.9 100.0 100.0 _. Average FHA value of land Amount Number of rooms Total 100.0 Percent distribution Existing homes New homes A glossary of terms used i s Included i n the Appendix. 370 425 413... 1934-35 1936 193 7 1938 1939 1940 Exterior material 3.840 3.753 Note: $149,350 323.600 Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 55 118 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total Number Amount ....27.5... . . . . 3 6 a . . , ....3O.6 Total N o garage 1-car garage 2-car garage 3-car garage Number Year Percent distribution of amount of 1- to 4-family home mortgages Type of institution originating mortgages None Garage and car capacity A l l homes Table 5.—Type of originating mortgagee, 1940 Table 4—Rental projects Total 1935-40 Number $ 30,800 46 94,300 90 256,200... . . . . 1 6 9 . . . . 560,500 215 664,500 251 ....183.••* 9 28 78..., 155 174 1935-40 Existing homes Amount Total Percent of total New homes 4 5 6 7 rooms or less rooms rooms rooms or more 35.6 52.7 8.8... 2.9 Total 100.0 Existing homes 31.9 31.4 ?u.-» 12.4 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . , 5,000 or more A l l groups: ,1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . , 5,000 or more A l l groups: 1940 1939 1938 Computation baaed on fewer than 6 eases. Percent distribution 6.7 33.9 .29.5. 12.0 13-H ..2.7.. 1.8 100.0 Average gross monthly payment $ 24.80 27.33 ..30.35.. 37.22 40.10 •.49.75 a 65.17 32.37 33.06 32.86 13.0 31.1 .22.6.. 16.4 10.7 ..1.7U.5 100.0 $ 21.78 24.87 ..28.73.. 28.90 ..41.33s. 64.50 29.45 31.30 -31*31- Ratio of property value to income 2.66 2.27 Gross payment as a percent of income 22.2 18.8 .2.02.. .16.5 1.99 1.74 •1.59 s . 1.45 14.6 .13.2s 12.9 -2.00 1.77 1.79 16.6 15.1 15.5 2.14 1.85 ,.1.70.. 1.40 1.58 16.6 20.0 17.1 .15.5 12.8 13*8 1.17 .10.6a 11.2 1.61 1.49 1.47 14.7 14.3 14.4 .1.18 a. FEDERAL HOUSING ADMINISTRATION 200 METROPOLITAN MILWAUKEE DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 Number I n central city Outside central city.. Metropolitan district 1930, a estimated by F H A 1930* Percent 1940 109,408 46.610 106,817 39.954 2.591 6,656 2.4 16.7 36,121 13.506 156,018 146,771 9.247 6.3 49,627 ! Increase Number Percent N o t for sale or rent For sale or rent Number 30.563 10.119 5.558 3.387 18.2 33.5 222 622 1.827 1.061 4.8 7.0 38,170 15.I89 40,682 8.945 22.0 844 2,888 5.4 53.359 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I M( irtgages on 1- to 4-family homes Amount Number 10 30 ....45....^ 78 116 1935 1936 193 7 1938 1939 1935-40 2,088,000 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I 74 158 $ 194.150 420,550 183 190 506.100 511,800 261 810,500 927.700 ...1,585,800 909 2.380,900 New homes 38.6 2.0 .10.8.. 9-9 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . , . , 10,000 or more A l l groups: 1940 1939 1938 J 1 .6 100.0 29*2 Ul.l .17.8. 7.0 4.3 Total Average FHA value of property $ 2,761 3.488 ...4,368. 5.300 6.652. ...8.800® 18,75° 4.365 4.415 4.750 $2,460 3.338 ...4.291.. 5.331 6.638 ...9.125*. 3.566 3,686 3.980 Average FHA value of land Land as a percent of property value 8.5 8.9 $234 311 ...383.. 521 856 ..8.8 9.8 12.9 .1.520*. 3 • 2x 7 4 .' 0 *i 4,500* 10.0 437 482 573 IO.9 12.1 14.3 14.0 .14.7 17.2 ...629.. 919 2,056 .1.750*. 31.0 .19.2* 16.0 570 594 Hote: A glossary of tsras used i s included i n the Appendix, based on fever than 6 cases. 36.8 3.6 .21.5 5.9 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 16.1 18.1 a 1.825 1.807 376... 1.297 1,506 $501,773 552.825 8,847 3.297.133 '52ui688 623,183 941.537 Percent distribution 1- to 4family homes New homes Existing homes All homes 21.7 34.5 16.9 10.7 ...24.5..., ....52.9... ....35.0 8.8 I8.7 12.5 12.9 14.6 17.7 3.8 ....1.5.... 7.5... 1.7 3.2 •9 Total 100.0 Wood Brick Stucco . . . • • • . . . . . . . . • . , Other 100.0 "85" .10.5 100.0 100.0* 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes New homes 1.0 3.5 U1.0 32.7 7.5 ..9.6. U.6 7.5 Amount of mortgage as a percent of F H A valuation of property Exterior material 9.9 76.5 Percent distribution All homes .38.1. Amount Table 6.—Mortgage as a percent of value, 1940 Existing homes 8.4 Table 10.—Averages by property value groups for 1-family homes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 . . . , 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 . . . , 10,000 or more 1934-40 4,468,900 1.498 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes F H A valuation of property 1934-35 1936 193 7 1938 1939 Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Total Number Percent distribution of amount of 1- to 4-family home mortgages Total 3-car garage Year Amount $ 162,750 324,250 National banks State banks Savings and loan assns. Mortgage companies Insurance companies Savings banks A l l others No garage 1-car garage Number 64 128 Type of institution originating mortgages lone Garage and car capacity A l l homes Amount Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Number $ 31.400 96.300 135,300.., 304,400 415,900 589 Property improvement notes Existing homes New homes Year Total Percent of total 94.6 4.1 1.0 91.3 1.6 .4.9 2.2 100.0 100.0 . New homes 4 5 6 7 rooms or less rooms rooms...... rooms or more Total Existing homes 48.6 38.5 ....10.7.... 2.2 19.4 13.0 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 . . . 5,000 or more A l l groups: 1940 1939 Percent distribution 13.0 33.4 .29.1.. 6.7 Average monthly payment $ 22.73 25.72 _ 7 13.8 34.14 . . 2 . 0 . . ...53.00*.. 2.0 100.0 7.8 40.0 .29.5. 8.9 8.3 ..2.2. 3.3 100.0 68.00* 29.51 31.45 33.87 $20.43 22.24 ..25.89... 29.13 33.27 ..38.75*. 52.33 26.07 28.09 31.56 Ratio of property value to 2.64 2.22 ...2.03... 1.90 1.56. ...1.74*., 1.48* 1.97 1.76 1.85 Gross payment as a percent of income 20.7 17.6 ...16.1 15.4 12. 3 v ...14.3* 11.0* 15.6 14.7 15*8 2.17 1.77 .1.52... 1.48 18.3 15.3 ...13.8 12.9 12.0 .1.15*., ...10.3* 10.6 1.16 1.55 1.50 1.37 13.7 13.9 13.3 Based on the metropolitan d i s t r i c t as established i n the I93O Census. * Computation 201 HOMES I N METROPOLITAN DISTRICTS METROPOLITAN PORTLAND, OREGON DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1940 1930 a Number I n central city Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930,* estimated by F H A Number N o t for sale or rent Percent Number Percent of total 305.394 101,012 301.815 76,913 3.579 24,099 1.2 31.3 102,234 31.099 86.825 21.678 15,409 9.421 17.7 H3.5 418 408 6,288 1,458 5.8 4.4 108,940 32.965 4o6,4o6 378,728 27.678 7-3 133.333 108,503 24,830 22.9 826 7.746 5-5 141.905 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Year Existing homes New homes Number 1935 1936 Amount Number 1,297.800 1.775.000 . . . . . 8 ^ 9 . . . ...3.456,000... 1935-40 Mortgages: Number Amount Projects: Number Dwelling units Mortgages insured under Section 207 or 210 of Title I I 2 13* Total New homes 9.4 »:?... 52.0 8.4 1.1... 24.3 100.0 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . 10,000 or more A l l groups: 1940 1939 13.0 ..1.5. •5 100.0 2 1 19.7. 12.8 5.2 t 1.0. 2.0 100.0 Other Total Average FHA value of property ...4,399.. 5.322 6.491 ...8,638.. 11,430® Average FHA value of land Land as a percent of property value $220 8.0 ...SS... 561 8.5 ..9.2 10.5 10.9 710 .12.0vb .1,038... 16.1 1,840® 9.9 13. 8 .2 4.8 47.8 10.4 1.6 21.4 100.0 100.0 Percent distribution 1- to 4family homes Amount of mortgage F H A valuation of property 86 81 76 71 61 to to to to to New homes 90 85 80 75 70 .2 1.1 100.0 100.0 Total 100.0 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,49a 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more $362 506 ...627... 812 1,100 .1,083*1. 2,250 14.5 14.6 .14.4 15.3 1 6 . 3 .b 19.0 605 606 696 15.0 15.3 17.3 A l l groups: 1940 1939 1938 4,034 3.967 $.033 1 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes New homes 4 rooms or less 5 rooms 20.6 62.5 7 rooms or more Total Existing homes 20.0 41.7 3.8 16.6 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 $2,492 3.^74 ...4,369.. 5.313 6.768 K ...8,642*. 11,854 .12.5 All homes 2... 50 or less 84.8 2.4 A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 9.9 12.2 Existing homes 51.8 39.2 16.2 12.3 ....21.4... ....67.5... ....32.6 6.8 17.1 9.3 3.5 12.0 5.5 2.4... .1 1.0 •3 Existing homes 472 513 582 10.5 6,495.018 Number of rooms 4,784 4,892 ^.757 Hotel k glossary of t e n s used I s Included. I n the ippendlz. based on fever than 6 cases. 31.5 94.2 U.7 Wood Brick 100.0 1.1 17.4 .47.1. 19.4 All homes New homes 2.6 78.1 .......19.1 .2 Percent distribution Existing homes 5-8... 30.9 18.6 3.3... 20,676 Table 6.—Mortgage as a percent of value, 1940 Exterior material Table 10.—Averages by property value groups for 1-family bomes, 1940 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more 1934-40 i2.963.725 Percent distribution 1-family homes Percent distribution all 1- to 4-family homes F H A valuation of property 3.726 Amount 6.141 $1,609,628 4,407 1,4i4,291 321,512 718.. u 3,146 1.087,277 3.122 1.049,531 ...•3,142.. ....1,012,779 1934-35 1936 1937. 1938 1939 194a Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 Total Number Amount Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Savings and loan assns. • • • • Mortgage companies Insurance companies Savings banks •.... A l l others $518,000 No parage 1-car garage 2-car gftrsgs 3-car garage 5.3*5.925 Type of institution originating mortgages 2 Garage and car capacity Number Year Table 5.—Type of originating mortgagee, 1940 Table 4—Rental projects Total 1935-40 1.838 7,617,800 1,888 Amount A l l homes $250,800 $192,200 70 85 887.225 220 571.825 299 55*... ...1,575.300... L . . . . 7 4 4 . . . ,...2.290.300 2,415,400 1,117.600 687 370 2,830.700 790 1.055,700 352 833.300... . . . 1 , 1 2 1 . . . . . . 4 , 2 8 9 , 3 0 0 272... $ 58,600 315.400 15 79 1938 1939 194a Total Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 8.1 $24.94 2.88 23.1 32.4 29.06 2.48 20.1 ...30.0... ...32.94.... ....2.16.... ....17.8 1.89 35-33 13.1 15.7 1.75 39.98 11.4 14.5 ....2.5... ...46.57.... ....1.46.... ....12.6 1.16 57.19 10.2 2.5 100.0 33.12 33-98 33.53 2.06 1.93 1.79 16.9 16.0 15.1 11.8 19.4 2.19 $20.73 27.6 17.7 1.88 25.48 ...26.2... ...29-62.... ....1.74.... ....15.9 11.8 13.? 1.44 31.70 15.4 1.67 43.03 ...45.8O.... . . . . I . 3 1 . . . . ....12.8 8.5 .98 58.23 U.7 ...SLj 100.0 31.56 1.59 14.7 31.32 1.55 14.6 31.50 1.46 13.6 Based on the aetropolltan d i s t r i c t as established I n the I93O Census. * Computation FEDERAL HOUSING ADMINISTRATION 202 FRESNO METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Percent Number I n central city Outside central city. Metropolitan district 1940 60,685 36,819 52.513 25,605 8,172 11,214 15.6 43.8 17.465 10,443 97.504 78,118 19.386 24.8 27.908 | Increase For sale or rent N o t for sale or Percent rent Number 14,477 6.719 2,988 3.724 20.6 55.4 36 33 538 327 3.0 3.0 18.039 10,803 21,196 6,712 31.7 69 865 3.0 28,842 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Number New homes Number Number 2.088 1935-40 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number ... Amount Projects: Number Dwelling units Type of institution originating mortgages National banks State banks Mortgage companies Insurance companies Savings b a n k s . . . . . . . . . . . . A l l others None Total . Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1938 Vote: 2:! u2i! • 20.2 • 10.6 11.5 .. 1.0. 2.9 100.0 homes 49.5 23.4 69.8 6.4 51.7 21.6 6*5 9.0 6.7 12.3 10.9 12.2 100.0 100.0 100.0 .1,062. 2.689.224 Amount of mortgage as a percent of F H A valuation of Pr°Perty Percent distribution 1- to 4family homes New homes 62.0 18.1 86 to 90 81 to 85 71 to 61 to 51 to 50 or 75 70 60 less 6.0 •5 Total 100.0 Existing homes AH homes 55.2 16.0 . . . . 6 6 . 1 . . . L...16.4 3-9 15.7 6.4 9.6 1.6 .8 •5 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 18.5 38.5 1.9 .8 4 rooms or less 5 rooms New homes Existing homes 21.0 55.0 14.4 46.2 59.6 Other Average FHA value of property $2,790 3,508 .. 4,360. 5.370 6,526 . . 8,63513.083 7 rooms or more •5 Average FHA value of land Land as a percent of property value $245 619 743 ...995. 1,428 4.561 ~46T $2,540 3.426 . . 4,310 .« 5.250 6.754. . . 8,000 14,667 b $335 423 ...56U.. 800 1.188 — 750®2.333b 4,464 629 100.0 100.0 Total A glossary of t e n s used i s Included i n the Appendix. ^ Existing homes Wood Brick 1.2 1.1 $469,779 565.466 ...123,588 371,381 576.123 ...582,887 Table 6.—Mortgage as a percent of value, 1940 New homes New homes 100.0 2.4 34.7 .33-6. 17.1 9-9 1,424 1.318 ••.249. 664 937 1934-35 1936 193 7 1938 1939 1940.... Exterior material 3-0 39-5 .56.3 Percent distribution Amount 11,288,278 Percent distribution of amount of 1- to 4-family home mortgages Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 2,886 Number Percent distribution 1-family homes Percent distribution all 1- to 4-family homes No garage 1-car 'garage 2-car garage.. 3-car garage $272,650 1,086,328 1,685,900 2.359.700 2,691.200 . . . . . 8 0 8 . . . ...3,192,500 82 m IS Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 Garage and car capacity Year Amount Table 5—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 2,830,720 798 8,457,558 Number $148,450 518,070 726 900... 6291900 516,600 31 151 1938 1939 1940 A l l homes Amount $124,200 51 568,258 184 959.000... . . . . 2 4 3 405 1,729,800 185 556 2,174,600 55 728... ...2,901,700... 1935 1936 Property improvement notes Existing homes Amount Percent of total Table 3—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year Total 1930, estimated by F H A 9.2 ..9.7 11.5 11.4 .11.5 10.9 10.2 13.2 12.3 •13.1 15.2 17.6 15.9* 14.1 a Total 3.5 14.4 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Data not available. Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 22.4 2.70 19.7 2.33 ....1.99-... ....16.9 1.84 16.3 9.9 36.53 1.62 13.9 12.9 38.34 . . . . 2 , 2 . . . • • • • 46.89* • • . . . . 1 . 4 8 . . . . . . . . 1 2 . 7 1.11 2.2 9.7 64.22 6.2 35-1 $23-98 28.43 100.0 32.52 a a ...3I.5... 1.93 a a 16.5 a a 19.6 2.39 $20.89 9.9 17.2 2.11 19. 8 24.83 ...33.0— ....27.77... ....1.76.... ....14.8 1.72 14.1 13.2 31.50 1.32 U.7 12.0 33.00 . . . . 7 . 7 . . . ....40.29«.• . . . . 1 . 2 7 . . . . ....10.7 1.45b 12.2* 4.4 57.25* 100.0 29.89 a a * Computation based on fewer than 6 cases. 1.67 a 14.0 a HOMES IN METROPOLITAN DISTRICTS 203 SAN ANTONIO METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Increase Area 1940 1930 Number I n central city Outside central citv Metropolitan district Vacant, 1940 Occupied I Increase a a (percent 1930, estimated by F H A 1940 Number Percent For sale or rent Not for sale or rent 1.504,277 1,400,319 1,240,359 1,078,167 263,918 322,15? 21.3 29.9 493,129 438.100 | 369,196 314,955 123,933 33-6 123,145 i 3 9 . 1 2,418 5.339 33,866 27.430 6.4 5.8 529,413 470,869 2,904,596 2,318,526 586,070 ; 25.3 931,229 ! 684,151 | 247,078 i 36.1 ) 7,757 61,296 6.1 1,000,282 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Number Number Amount Amount $ 3,632,300 $3,666,250 930 12,307,216 16,774,985 3,288 19 U76 4 l 4 . 2 895.. . 11 06l 196. 15]416^600 10', 846 3.831 47!557!775 9,355,380 47,501,920 11,466 2,272 8,034,400.. !..14,373... .••59,727.800.. . . . . 1 , 8 7 7 . - 1935 1936 757 3,643 1938 1939 1935-40 ! 4*5,284 194,705,144 15.093 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages 7 $3,359,700 National banks State banks Savings and loan assns . . . . Mortgage companies Insurance companies Savings banks A l l others • Mortgages: Number Amount Projects: Number Dwelling units 59,807,092 7 Total Table 7—Capacity of garage, 1940 New homes Total 70.6 8.4 4.2... 2.4 2.7 11.7 7.7 11.1 100.0 100.0 A l l groups: 1940 1939 1938 Average FHA value of property 100.0 Average FHA value of land | $365 13.1 460 13.0 4*^05.. 629... [ . . . 1 4 . 3 5.366 886 16.5 1,200 6,551 18.3 ...1,812... ...21.1 2,961 13,293 22.3 775 4,813 5,164 750 751 823 m 15.9 $518 9.0 $2,552 20.3 712 23.4 20.7 3.%2 ...23.2... ....4,365... 942 21.6 15.8 5,339 22.3 1,193 16.2 6,673 24.4 1,629 . . . . 5 . 5 . . . 1 . . . . 8,656.. . . . 2 , 1 2 7 . . . . . . . 2 4 . 6 6.9 13,301 3.766 28.3 5.365 5.105 5,116 1,262 1.205 1,247 Note: A glossary o f terms used I s included i n the Appendix, dietrlet. 463560 0 - 42 - 14 Land as a percent of property value $2,778 1-3 30.2 ,...33.0.. 20.3 11.8 New homes 23.5 23.6 24.4 1 Existing homes 73.1 9.9 ....11.7... 2-5 1.9 6... .3 Total 100.0 All homes 73-3-•• 9.9 10.2 4.5... 2.1 100.0 64.0 8.6 19.4 3.5 2.9 •5 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 5.9 •5 93.3... •3 Total * 100.0 86 to 90 81 to 85 76 to 8 a 71 to 75 61 to 70 51 to 6a 50 or less Percent distribution 1- to 4family homes Number of rooms New homes Wood Brick Stucco Other Percent distribution 1.3 6.1 71.3 8.1 4.1 2.3 3.1 Amount of mortgage as a percent of F H A valuation of property Exterior material 100.0 100.0 All homes 75-7 6.4 2.6... 66.166.s56 151.505 Table 6.—Mortgage as a percent of value, 1940 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999. 10,000 or more 254.512.236 60.377 Existing homes $ 14,666,225 48,454 ' 11,210,514 34,616 ...2,730,959 ..5,804, 11,322,273 19,872 14,229,302 19,012 • - 2 3 , 7 4 7 " ••12,007,583 Percent distribution 1-family homes 0.2 68.0 29.1 2.7 No garage 1-car garage 2-car garage 3-car garage New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1934-35 1936 1937. 1938 1939 194 0 $ 7,298,550 29,082,201 30 537 610 62!974,375 56.857,300 ...67,762,200 Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes F H A valuation of property 1,687 6,931 . . 7 094. I4i677 13,738 Amount Percent distribution of amount of 1- to 4-family home mortgages 1,230 Garage and car capacity A l l homes Number Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Year Total Percent of total Number 19.0 .9 79.3 .8 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more 15.5 47.7 32.4... 4.4 Total 100.0 Existing homes 8.0 31.4 30.8 29.8 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 4.6 $25.07 2.67 22.7 27.6 28.74 2.28 19.7 30.0.. . . . . 3 2 . 7 1 . . . , . . . 2 . 0 2 . . . . ....17.6 13.6 1.83 36.18 16.1 1.66 41.18 14.8 ....48.78... ...1.45.... ....13.2 4.2 1.07 64.36 9.8 100.0 1.82 1.74 1.76 16.0 16.4 16.3 3.0 $25.98 2.83 19.4 26.38 2 . 06 ...22.1.., ...30.31.... ...1.84 12.0 34.58 1.72 18.5 40.99 1.61 8.7- • - . . . 50.28.-.. • • • 1 . 5 1 73.20 16.3 1.12 23.7 17.9 ...16.2 15.3 14.5 ...13.6 10.5 100.0 35.ll 38.02 40.38 4o.6l 39.05 40.13 1.51 13.6 l.'S 13.I} Estimated for 1930 by the TEX on the basis of the boundaries of the 1930 metropolitan FEDERAL HOUSING ADMINISTRATION 204 SACRAMENTO METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied Area 1940 1930 Number I n central city.. Outside central city Metropolitan district Percent 1930, estimated by F H A 1940 105.958 53.041 93.750 33.245 12,208 19.796 13.0 59.5 32.192 13.894 158.999 126.995 32,004 25.2 46,086 | Vacant, 1940 For sale or rent Increase . Number N o t for sale or Percent rent Percent of total 24,687 8,93* 7.505 4.960 30.4 55.5 99 84 1.529 476 4.5 3.3 33.820 14,454 33.621 12,465 37.1 I83 2,005 4.2 48,274 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year Number 1935 1936 193 7 1938 1939 194 0 Property improvement notes Existing homes New homes Number Amount Amount A l l homes Number Year Number Amount 16 $ 82,600 $241,550 $ 158.950 43 59 241 962,505 377,880 166 584,625 75 . . . . 2 6 0 . . . , ...1,123,400... 359«... . . . 1 , 1 8 0 , 1 0 0 . . < 618... . . . 2 , 3 0 3 , 5 0 0 4,568,500 3,214,300 1,354,200 1.170 387 783 4,816,600 742.300 4,074,300 217 981 1.198 780,200... . . . 1 , 3 6 6 . . J . . . 5 , 6 6 8 , 6 0 0 ..1,147.... ...4,888,400... . . . . 2 1 9 . . . . 1935-40 13,760,880 3,262 Total 1935-40 4,800,375 1.391 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages 1 $ 85,000 National banks State banks Savings and loan assns...... Mortgage companies Insurance companies Savings banks • • . . • • • • • • « < A l l others Mortgages: Number Amount Projects: Number Dwelling units 1 New homes Existing homes All homes 56.8 35.8 62.7 34.1 57.6 35.6 1.1 6.3 3.2 - Garage and car capacity Total 100.0 F H A valuation of property - - 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Total Average FHA value of property $2,720 1.7 3.484 22.5 ...29.0... ....4,412... 5.381 24.1 6.674 19.1 . . . . 2 . 6 . . . ....8,594.11 11,500 1.0 100.0 5.021 4,876 4.952 Average FHA value of land Land as a percent of property value 8.8 $239 8.3 290 456.." ....10.3 11.3 610 14.4 960 1.679 14.6 582 571 652 11.6 11.7 13.2 14.9 $371 15.5 525 723.... ....16.6 22*9 16.6 883 12.6 16.O 1,068 ....3.1... ....8,643... ...1,571.... ....18.2 20.9* 2,250* 10.750* 1.3 13.0 25.1 $2,497 3.381 ....4,348... IM 100.0 100.0 4.597 4,371 4.590 790 A glossary of teras used i s included i n the Appendix. 16.4 16.3 17.0 All homes 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l-family homes Existing homes Wood 24.7 41.3 Brick 1.2 8.5 Stucco • « . • • « • • • • . . . • • • . . . . 7 0 . 0 . . . . . . . 5 0 . 2 Other 4.1 .7 Existing homes Number of rooms New homes 100.0 100.0 New homes 39.8 47.3 I8.9 15.8 ...14.8.... ...72.2.... ...23.9 6.5 7.6 13.5 10.9 7.4 10.4 9 — ....5.2...^ ....1.6 •7 1.7 .9 Total 100.0 Exterior material 1.7 45*2 Percent distribution 100.0 3,986,007 Percent distribution 1- to 4family homes Percent distribution l - f a m i l y homes Table 10.—Averages by property value groups for l-family homes, 1940 Hot*: 1.0 5.8 F H A valuation of property Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage • • • • • • • • • • • « 3-car garage A l l groups: 1940 1939 1938 _ 8,617 Amount of mortgage 24 Table 7.—Capacity of garage, 1940 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 1934-40 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages Total New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 18,561,255 4,653 Amount 2.314 $ 748,273 2.163 731.311 91.553 235..« 991 428,165 1,181 638.333 . . . 1 , 7 3 3 . . . ...1,348,372 1934-35 1936 1937 1938 1939 1940 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total Number New homes 4 5 6 7 100.0 Existing homes rooms or less 26.5 13.9 rooms 48.8 48.9 r o o m s . . . . . . . . . . . . . . . . .....22.4.... ....26.9 rooms or more 10.3 2.3 100.0 Total 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing liomes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more A l l groups: 1940 1939 1938 Computation based on fewer than 6 cases Percent distribution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income 2.80 22.2 5.5 $ 23.53 2.42 20.3 27.1 29.80 ...31.1... ...34.09..., ....2.18.... ....I8.3 2.04 14.1 17.6 39.87 1.82 16.9 43.63 15.7 ....2.5... ...47.22.... ....1.41.... ....12.6 1.20 2.8 10.8 64.00 100.0 35.94 35.84 37.27 2.O3 1.90 1.99 17.2 16.6 17.4 $ 22.14 2.24 3.3 17.7 2.01 26.25 20.7 18.2 . . . . 1 .94.... ....17.2 . . . 3 2 . 6 2 . . . . ...31.9H 1.61 31.46 14.0 13.1 1.65 41.25 14.9 18.8 . . . . 7 . 5 . " ...47.25.... ....1.41.... ....12.8 1.22 11.0 59.40 4.7 100.0 34.78 33.04 34.67 1.70 1.62 1.66 15.2 14.5 14.Q HOMES I N METROPOLITAN DISTRICTS SAN 205 DIEGO METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Occupied 1930 a 1940 Number V I n central city Outside central city Metropolitan district Percent 1940 203,341 53.027 1*7.995 33.025 55.346 20,002 37.4 60.6 63.969 15.856 256.368 181,020 75.3*8 j 4i.6 79.825 i Vacant, 1940 ' Area Increase 1930, a estimated by F H A Number Percent 45.227 9.485 18,742 6.371 41.4 | 67.2 54.712 25.113 i 45.9 For sale or rent N o t for sale or rent Percent of total 747 655 *.329 1.259 6-3 7.1 69.045 17.770 1.402 5.588 6.4 86,815 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I M( Drtgages on 1- to 4-family homes Year Number Amount 62 206 272... 396 255 $ 280,000 65 1,281.190 315 382... . . . . 1 , 5 6 0 , 1 0 0 . . 2,982,800 7*1 3.203.250 ....3.6*9.750.. 1935 1936 1937. 1938 1939 1940. 1935-40 12.957.090 3.336 Amount $ 204,050 647,485 907,000,.. 1.394,200 904,550 4.700,135 1.371 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages 74.7 16.2 6.1... 2.0 1.0 A l l others " 100.0 Total Wood Brick Stucco Other 1.1 100.0 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8 000 to 9,999 10,000 or more Total A l l groups: 1940 1939 1938 Average FHA value of property $ 2.776 7.1 3.488 38.8 ^...33.1.. L . . . 4 , 3 3 9 5.355 12.2 6.620 6.5 1.2.. ...8,667... 11,982 1.1 100.0 4,301 4,602 4,812 1*.* $ 2.605 28.9 3.*39 ...22.7.. ...*.302... 16.0 5.339 1*.* 6,8a . . . . 2 . 1 . . ...8.625*.. 1.5 i*.333b 100.0 *.582 *,62* 4.602 Average FHA value of land 74.1 21.4 74.6 17.0 86 to 90 81 to 85 2.8 1.7 1.3 71 to 75 61 to 70 of Pr°Perty Percent distribution 1- to 4family homes New homes 100.0 Land as a percent of property value 14.2 15.2 16.2 609 699 781 17.6 19.5 842 19.6 1,016 19.0 1.189 1 7 . . . 1 , 9 3 8 * . . , . . . . 2 2 . 5\ ° 2,500* 17.4* $459 671 18.8 19.7 a.8 863 913 1.005 a Existing homes 56.9 19.1 3.6 1.0... .7 50 or less - Total 100.0 All homes 47.6 15.9 ....71.1... ....23.6 9.8 5-3 13.7 3.4... u 2.0 .9 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Number of rooms 100.0 12.5 13.1 631... . . . . 1 4 . 5 814 15-2 992 15.0 ...1,200.... ....13.8 16.0 1.923 Hot*: A glossary of terns used Is Included In the Appendix, d i s t r i c t . b Computation based on fewer than 6 cases. ^jj Existing homes 29-5 .2 70.2... .1 Table 10.—Averages by property value groups for 1-family homes, 1940 Percent distribution Amount of mortgage as a percent of F H A valuation homes 100.0 5.295.492 Table 6.—Mortgage as a percent of value, 1940 Existing homes New homes 0.3 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more 12,^78 17.657.225 Exterior material ......... F H A valuation of property 4.707 $ 1,353,369 1.056,532 ....273.576 766,444 693.026 ..1.152.545 3.815 2.695 ...603. 1.629 1,686 .2,050. 1937.. 1938 1939 1940.. Percent distribution 1-family homes Percent distribution all 1- to 4-family homes Total $ 484,050 1,928,675 2,467,100 4.377.000 1,084 4,107.800 ...1,184... —4,292.600 127 5a 654... Table 8.—Material of construction, 1940 Table 7.—Capacity of garage, 1940 No garage 1-car garage 2-car garage . 3-car garage New homes Mortgage companies Insurance companies None Garage and car capacity Number Amount Percent distribution of amount of 1- to 4-family home mortgages National banks State banks Mortgages: Number Amount Projects: Number Dwelling units A l l homes Number Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes New homes Number Total Number 33.5 .5 65.5 .5 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more 22.5 55-7 18.4... 3.* Total 100.0 Existing homes 13." r5 19.1 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 Percent distribution 13.? 33-* .25.6.. 9.8 11.3 ..3.1.. 2.9 Average monthly payment $24.*) 28.42 33.15.. 1 35-,.44 4 1.15 i.l ...51.00.. 70.86 33.1* 35-79 38.09 7.6 $21.57 24.6 26.18 .19.7.. ...30.67.. 13.1 37-*6 36.10 16.9 ..5.5.. ...44.30.. 12.6 59.96 35.10 M l Ratio of property value to income 2.52 2.16 ...1.94.. 1.74 1.58 ...1.47.. 1.32 1.88 1-79 1.80 Gross payment as a percent of income 22.6 19.6 .17.8 15.9 15.0 .14.2 13.2 17.3 16.7 17.1 2.32 1.97 17.6 1.85 1.46 .1.23.. 1.12 .16.4 16.7 13.2 .11.5 10.8 .1.80., 1.5* JjL 20.7 14.1 14.7 1511 Estimated for I93O by the FHA on the baBls of the boundaries of the 1930 M t r o p o l i t a n 206 FEDERAL HOUSING ADMINISTRATION SAN FRANCISCO-OAKLAND METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number of dwelling units Increase Vacant, 1940 Occupied Area 1930 1940 Number I n central citv Outside central city Metropolitan district .. Increase a a 1930, estimated by F H A Number Not for sale or rent Percent 305.386 149,310 261,705 108,752 43,681 40,558 16.7 | 37.3 454,696 370,457 84,239 i 22.7 Percent 936.699 491.826 918.457 392.813 18,242 99.013 2.0 25.2 1,428,525 1,311,270 117.255 8.9 1940 ! ! For sale or rent Number 1.173 2.958 I 4,131 ! Total Percent of- total 19.365 7.055 5.9 4.4 325.924 159.323 26,420 5.4 485,247 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Mortgages on 1- to 4-family homes Year Existing homes New homes Number Amount Number All homes Number Amount Amount 1934-35 1936 1937 193S 1939 1940. 1,240 $ 5.292.150 412 $ 2,296.800 1,652 $7,588,950 4,804 19,730,420 10.508,972 1.980 6,784 30,239.392 !.. . . 2 , 1 1 7 . . . . . 1 0 , 8 9 1 , 7 6 0 . . . . . 3 , 7 7 2 . . . . . . 1 5 , 2 5 2 , 2 9 0 . . . . . . 5 , 8 8 9 . . 26,144,050 14,274,800 36,848,900 22,574,100 4,578 7.903 3.325 26,964,000 10,622,800 37,586,800 ! 5.562 8,033 2.471 ; . . . . 8,499.. ...1*0,104,700.. . . . 2 , 4 1 2 . . . . . . 1 1 , 0 7 5 , 0 0 0 . . , . . 1 0 , 9 1 1 , . ...51.179.700 1935 1936 1937 1938 1939 1940 1935-40 23,148 1 113.340.332 Mortgages: Number.. Amount Projects: Number. Dwelling units i Mortgages 1 insured under | Section 207 ; or 210 of Title I I Type of institution originating mortgages National banks State banks Savings and loan assns Mortgage companies Insurance companies Savings banks A l l others 1 $ 200,000 1 53 Total Existing homes New homes 100.0 ! New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 0,000 to 7,999 S.000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8.000 to 9 , 9 9 9 . . . . . . . . 10,000 or more A l l grouDs: 1940 1939 1938 0.3 .23.8., 31.2 28.8 100.0 Wood Brick Stucco Other 2.6 6.6 100.0 Average FHA value of property $2,769 3.525 ...4,464., 5.423 6.439 ...8,624.. 12,326 5.473 5.676 $ 2,522 3.509 ...4,416.. 5.355 6.697 ..8,738.. 13.045 5.982 5.599 5.550. Average FHA value of land $325 366 ...543., 767 I.O36 .1.475-. 2.525 100.0 Land as a percent of property value 11.7 10.4 .12.2 14.1 16.1 .17.1 20.5 14.5 15.2 15.6 795 864 908 $522 649 ...880., 1.310 20.7 I8.5 .19.9 24.5 22.3 1.495 .2.055.. 3.318 .23.5 25.4 1.356 1.266 lt?I9 22.7 Bote: A glossary of terns used i s included i n the Appendix, district. New homes 22.6 22.9 a Existing homes 65.4 10.6 8.5... ....73.9... 12.2 2.5 8.4 9.3 1.0... 3.5... 2.0 2.7 Total 100.0 100.0 All homes 50.9 8.4 22.8 4.7 9.1 1.6 2.5 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Number of rooms Existing homes 31.3 .4 67.9... .4 Total 5.814 11.3 .23.2.. 22.7 25.1 c.8.5.. Percent distribution 1- to 4family homes 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 New homes 100.0 11.2 44.1 38.7 7 1.2 4.8 5.2 5.3 Exterior material 1.2 39.4 5g.l1 1.0 Percent distribution 100.0 ' Amount of mortgage as a, percent of F H A valuation of property Percent distribution 1-family homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property All homes 44.5 34.8 9.. .7 8.4 3.9... 6.8 32.072,130 Table 6.—Mortgage as a percent of value, 1940 Table 8 — Material of construction, 1940 Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage 3-car garage 1934-40 189.587.792 Percent distribution of amount of 1- to 4-family home mortgages 44.0 39.9 6... 1.4 3.7 5.6... 4.8 Total Table 7.—Capacity of garage, 1940 Garage and car capacity 41,172 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 76,247,460 18,024 20.0 .6 78.8 .6 100.0 New homes 4 5 6 7 rooms or less rooms rooms rooms or more 24.2 58.7 14.5... 2.6 Total 100.0 Existing homes 6.9 40.6 31.1 21.4 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Percent distribution 2.4 25.0 Average gross monthly payment $ 25.94 31.16 •35.0.. ..35.91. 12.8 39.39 18.1 43.05 . . 3 . 8 . . ..51.01., 2.9 65.91 100.0 2.2 15.6 .27.5. 12.5 23.1 ..8.3. 10.8 100.0 37.67 39.93 41.13 $ 23.77 29.76 ..33.87.. 38.78 44.23 ..51.54., 73.31 41.73 39.81 _ 40.13 Ratio of property value to income 2.94 2.63 ....2.37-. 2.12 1.88 ....1.65.. 1.37 2.15 2.04 2.01 2.82 2.46 ....2.20.. 2.06 1.90 ....I.65., 1.29 1.83 1.76 1*76 Gross payment as a percent of income 23.3 21.2 .19.2 17.5 15.6 .13.7 11.5 17.6 17.2 16.8 22.3 20.2 ...18.1 17.1 15.8 ...13.7 10.8 15.2 14.9 15.1 Estimated for I93O by the FHA on the basis of the boundaries of the I9UO •etropoliten 207 HOMES IN METROPOLITAN DISTRICTS SAN JOSE METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Number of dwelling units Population Vacant, 1940 Occupied Increase Are:i 1940 1930 a Number I n central city Outside central city Metropolitan district Percent 1940 For sale or rent Increase 1930,® estimated by F H A Number N o t for sale or Percent rent Number Percent of total 68,457 60,910 57.651 48,944 10,806 11,966 18.7 24.4 21,640 16,050 16.801 12.388 4.839 3.662 28.8 29.6 186 423 1,065 655 4.7 3-8 129.367 106,595 22,772 21.4 37.690 29.189 8.501 29.1 609 1.720 4.3 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Total 22,891 17.128 | 40,019 Table 3—Volume of Title I Notes insured Property improvement notes Mortgages on 1- to 4-family homes Existing homes Number Amount 16 76 . 119-• W*1 431 .435.. 1,518 $68,150 311.760 ...504,600.. 1,752.600 1,860,300 •1.779.900.. .197-. 176 108 ..82.. _6±27I.J10_ 682 Mortgages insured under Section 207 or 210 of Title I I Mortgages: Number Amount Projects: Number Dwelling units 2,484,200 Type of institution originating mortgages National banks State banks Savings and loan assns ». • . Mortgage companies Insurance companies Savings banks . . . . . . . . . . . . A l l others 1 $ 22,000 1 2.200 Total Existing homes 36.6 48.9 6.9... F H A valuation of property Amount of mortgage as a percent of F H A valuation of property 36.8 48.5 6.6 2~4 1.5 7-0 6.1 3.4 5-7 100.0 100.0 100.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 1 . . . . 6J0' . 9 . . . . 100.0 Total Average FHA value of property 2.0 $2,753 3.490 24.6 ...4,353.. •37.4.. 20.6 12.5 ..2.0.. ...8.397v 10,S13 b .9 3.6 20.2 10.7 ..7.1.. 1.2 100.0 100.0 Average FHA value of land $269 360 ...527-. 711 886 .1.381.. 1,688* Land as a percent of property value 9.8 10.3 .12.1 13.4 13.7 .l6.4v 15.6* 4,708 5.026 4.785 591 674 630 12.6 13.4 13-2 $2,250* 3.463 ,..4,258... 5.394 6.756 ...8,650... 12,000° $450* 571 744 834" 20.0* 16.5 .17.5 15.5 20.1 4.996 4.577 4,232 ...1,^67 .. 2.250® 857 817 775 .17.0 18.8* 17.2 17.9 18.3 Existing homes All homes 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l - f a m i l y homes Existing homes 35.6 Wood Brick Stucco Other 100.0 100.0 New homes Number of rooms New homes 0.4 21.0 ..77.5 1.1 Percent distribution Percent distribution 1- to 4family homes 58.9 49.5 16.7 14.2 ....11.0... ....79.6... ....21.7 5.7 2.2 2.8 10.2 11.0 10.9 . . . . . .2. 3.4... 7 1.1 .2 Total Exterior material Note: A glossary of terms used Is included in the Appendix, district. Confutation based on fewer than 6 cases. Table 6.—Mortgage as a percent of value, 1940 All homes 38.0 46.3 5.3... Table 10.—Averages by property value groups for l-family homes, 1940 A l l groups: 1940 1939 1938 5> 821_ Percent distribution l - f a m i l y homes Percent distribution all 1- to 4-family homes No garage 1-car garage 2-car garage • • 3-car garage A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more 8,761,510 Percent distribution of amount of 1- to 4-family home mortgages New homes 1.933 1,611 ...204.. 673 6 k ...768. 1937 . 1938 1939 1940 . Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 New homes: $2,999 or less 3.000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more $ 164,600 655,810 .1,234,300 2,357.800 2,245,900 •2,103,100 9 Total Garage and car capacity 41 170 • 316.. 617 539 .517., $96,450 344,050 •729.700.. 605.200 385,600 ..323.200. Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 15 21.4 1.2 77.4 100.0 New homes 4 5 6 7 23.0 48.8 24.8... 3.4 rooms or less rooms rooms rooms or more Total 100.0 Existing homes 13.1 32.1 36.9 17-9 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . , 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . , 5,000 or more A l l groups: 1940 1939 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999. 5,000 or more A l l groups: 1940 1939 1938 Percent distribution 12.5 .26.3.. 10.0 10.5 ..2.5.. 2.0 100.0 4.9 23.6 .19.8. 16.0 25.9 ..6.1. 3-7 Average gross monthly payment $24.96 28.54 ,..33.85.. 38.30 44.02 ..47.50.. 56.75 33.13 35.85 34.88 Ratio of property value to income 2.81 2.40 ...2.16., 2.01 1.87 ...1.58., 1.03 2.11 2.10 2.03 $ 21.75* 30.26 ,..30.56.. 34.85 38.57. ..55.00*. 67.00* 2.40* 2.30 ...1.94... 1.87 1.70 ...1.81* . 1.17* 35.68 33-24 30.61 1.83 1.75 1.69 * l s t i a a t e d f o r 1930 toy the TEA on the hasIs of the boundaries of the 1940 metropolitan FEDERAL HOUSING ADMINISTRATION 208 STOCKTON METROPOLITAN DISTRICT Table 1.—Census data on population and number of dwelling units Population Number-of dwelling units Increase Occupied Vacant, 1940 Area 1940 1930 Number Metropolitan district 1930, estimated by F H A 1940 Increase Number 54.714 24,623 47.963 13.917 6,751 10,706 14.1 76.9 14,850 6.861 12,392 3.423 CVI I n central city— Outside central city Percent 79.337 61,880 17.457 28.2 21,711 15.815 5.896 For sale or rent Not for sale or rent Number Percent of total 19.8 100.4 30 42 716 270 4.6 3.8 15.596 7.173 37.3 72 986 *-3 22.769 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages 011 1- to 4-family homes New homes Year Number 1935 1936 1938 1939 Number Amount 11 54 ....43 102 197 $5*.500 249,267 31 119 $103,750 381,230 456,700 800,600 89 78 284,700 276,600 725 3.007.967 482 1.591.980 1935-40 Mortgages: Number Amount Projects: Number Dwelling units ! Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks New homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4 , 9 9 9 . . . . 5,000 to 5,999 6,000 to 7,999 8,000 to 9 , 9 9 9 . . . . 10,000 or more A l l groups: 1940 1939 lot*: 1934-40 4,599,947 39.0 49.5 53.0 41.8 86 to 90 81 to 85 4.4 71 to 75 61 to 70 100.0 100.0 100.0 8.3 Total Total Average FHA value of land Percent distribution Average FHA value of property 100.0 2.9 32.5 ..32.0. $2.6^8 3.523 . . 4,393- ..1.7. •5 . . 8,421 . 11,250® 100.0 4.603 * * 484 b b $ 3*6 466 ...621... 2.2 $2,431 3.*3l .4.382. 5.371 6.625* 3.3 1 I $258 . . . 424. 613 855 . . . 933 1,125* Land as a percent of property value 9.7 8.9 ..9.7 11.4 13.2 . 11.1 10.0® 10.5 b b 14.2 13.6 650® • «l4.2 14.4 9.8® 10.583 ® 1.833® 17.3® 4,237 b b 601 b b Z71 A glossary of t e n s used 1s included i n the Appendix. 14.2 b b 193.574 238.57* 35*.366 3.842 1,625,071 Existing homes All homes ...69.1...« 18.6 6.2 S3 7.9 .2 2.0 .•6 100.0 100.0 100.0 Percent distribution 1-family homes Number of rooms New homes 1.2 319 378 Table 9—Size of home, 1940 Exterior material 100.0 $385,691. 374,719 60.2 17.1 50 or less Existing homes 51.0 Wood 68.9 2.2 Brick 1.1 Stucco . . . . • • • • • • • • • • • • . . . . . 4 4 . 2 . . . . . . . . 3 0 . 0 2.6 Other 18.0 12.6 New homes I,r°Perty Percent distribution 1-family homes u 15.6 .8 of Table 8.—Material of construction, 1940 J-5 13.3 31.1 ..34.5.. ^jj 55.7 40.3 - 1.190 I.O56 Percent distribution 1- to 4family homes Amount of mortgage as a percent of F H A valuation homes 11.5 Amount Table 6.—Mortgage as a percent of value, 1940 Existing homes Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property- 1 1934-35 1936 1937 1938 1939 1940 New homes 1.0 Percent distribution all 1- to 4-family homes Total Number Percent distribution of amount of 1- to 4-family home mortgages 3.0 Table 7.—Capacity of garage, 1940 3-car garage 1.207 A l l others Total No garage 1-car garage Year Amount 42 $158,250 630,497 173 .....147.., 741,400 191 1,077.200 275 3 7 9 - ,...1,467.800 Mortgage companies Insurance companies None Garage and car capacity A l l homes Number Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Property improvement notes Existing homes Amount Total Percent New homes 4 5 6 7 Existing homes rooms or less 18. 9 rooms 1*0.8 43.3 rooms••••••••••••••••« . . . . 1 7 . 2 . . . ••••30.0 2.4 rooms or more 7.8 100.0 Total 100.0 i 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2 , 4 9 9 . . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499"••• 2,500 to 2,999 3,000 to 3,999 4,000 to 4 , 9 9 9 . . . . 5,000 or more A l l groups: 1940 1939 1938 ® Computation based on fewer than 6 cases. Percent distribution 33.6 . 32.4 Average gross monthly payment Ratio of property value to income $22.83 2.59 2.39 .2.06. 28.88 ..33-18. 9.3 35.50 13.0 42.20 . . 2 . 6 . . . . 44.40 . 1.6 65.50 100.0 8.5 28.1 '.3O.5. 9.8 19.5 ...1.2. 2.4 100.0 33.13 p 1.82 1.69 . 1.42 . 1.33 2.01 b b b $21.29 27.96 . . 29.56.. 37.25 34.25 . . 86,00®. 54.50® ..1.77. 1.84 1.37 . 2.19® 1.38® 31.37 b b b D a t a not available 2.23 2.11 1.75 b b Gross payment as a percent of income 21.1 20.1 .17.8 15.8 15.3 .12.4 11.6 17.3 b b 19.4 18.7 ..15.6 16.5 12.4 ..21.5® 11.9® 15.6 b b CHAPTER IV COMPARISON OF METROPOLITAN DISTRICTS BY POPULATION SIZE GROUPS There are presented i n this chapter certain summary data for the 140 metropolitan districts of the continental United States arranged i n four population size groups. Data also are included for the combined metropolitan districts, for all nonfarm places outside the metropolitan districts, and for the U. S. nonfarm total. These data, together w i t h the several population-size group summaries, make i t possible to compare the types of lenders, the borrowers, and the small homes financed under the F H A Plan on the basis of population only, without respect to geographical differences. Population-size, per se, becomes the sole basis for comparison. The segregation of individual cities according to size is not an unusual practice for analytical purposes. The procedure here differs only i n that the data are for entire metropolitan districts, many of which are composed of several corporately separate cities. According to the arbitrary population-size grouping of the metropolitan districts adopted for this study there were eleven metropolitan districts w i t h i n the continental United States w i t h a population of 1,000,000 or more at the 1940 Census. These eleven districts embraced a combined population of 33,691,464, or 33.2 percent of the nonfarm population of the entire country. I n the next population-size group, consisting of those having a population of f r o m 250,000 to 999,999, there were thirty-nine metropolitan districts but their combined population was only 17,665,218, or 17.4 percent of the nonfarm total. The metropolitan districts comprising the t h i r d population-size group ranged f r o m 100,000 to 249,999 persons, numbered fifty-eight, and had a total population of 9,061,485, or 8.9 percent of the nonfarm total. I n the fourth group were the thirty-two metropolitan districts w i t h population ranging f r o m only 50,000 to 99,999, totaling 2,547,606, or only 2.5 percent of the nonfarm total. As a group, these 140 metropolitan districts contained 62,965,773 persons, or 62.0 percent of the U. S. nonfarm total, while the smaller cities and towns outside them accounted for the nonfarm balance, or 38,552,426 persons constituting 38.0 percent of the nonfarm total. These data are shown in the following table. Distribution of 1940 Metropolitan Districts by Population Size Number of districts Population i n each dist r i c t size group Population i n each district Number 1,000,000 or more 250,000 to 999,999 100,000 to 249,999 50,000 to 99,999 140 T o t a l in all districts Nonfarm remainder outside i t a n districts U . S. nonfarm total Percent 33, 691, 464 17, 665, 218 9,061, 485 2, 547, 606 33.2 17.4 8.9 2.5 62, 965, 773 62.0 metropol38,552,426 38.0 101, 518,199 100.0 On seven separate pages at the end of this chapter, eleven tables have been presented for the U . S. total, for each of the four metropolitan district population size groups, and for all areas outside metropolitan districts. A brief examination of the data of each of these tables follows. Table 1.—Population and dwelling unit density. I n terms of their relative population growth, the smallest metropolitan districts gained the most between 1930 and 1940, while the largest gained the least. Those metropolitan districts having between 50,000 and 99,999 population increased by 13.9 percent, those f r o m 100,000 to 249,999 population grew by 10.0 percent, the 250,000 to 999,999 population-size group by 9.3 percent, and i n the metropolitan districts having a population of 1,000,000 or more, the increase was only 6.6 percent. 209 210 I n every metropolitan district size group the area outside the central cities underwent a greater relative population increase than d i d the central cities. The greatest increase both inside and outside central cities occurred i n the smallest metropolitan districts and the smallest increase i n the largest districts. Thus, outside the central cities of the metropolitan districts having f r o m 50,000 to 99,999 population the increase between 1930 and 1940 amounted to 31.5 percent, while inside the cent r a l cities the g r o w t h was but 10.0 percent. I n the metropolitan districts of f r o m 100,000 to 249,999 the increases i n both cases were smaller, or 22.9 percent outside the central cities and 5.5 percent inside. I n the next larger metropolitan district group, or 250,000 to 999,999 population, the increase outside the central cities was smaller still, or 18.0 percent, while inside the central cities the increase was 6.0 percent. A n d i n the largest metropolitan district population size group, that of the districts having 1,000,000 or more, both increases were the smallest of any group, or 11.7 percent outside the central cities and 4.0 percent inside them. These data appear i n Table 1 of each metropolitan district population-size group page located at the end of this chapter. The distribution of the Nation's total inventory of occupied nonfarm dwelling units among the metropolitan district population-size groups was very similar to the nonfarm population distribution. I n each of the f o u r metropolitan district size groups, however, the proportion of occupied nonfarm dwellings slightly exceeded the proportion of nonfarm population. Metropolitan districts of 50,000 to 99,999 population embraced 2.6 percent of the occupied nonfarm dwelling units and 2.5 percent of the nonfarm population. As a f u r t h e r example, metropolitan districts of 1,000,000 or more population contained 34.1 percent of the occupied nonfarm dwellings and 33.2 percent of the nonfarm population. F o r nonfarm population outside metropolitan districts, the relationship was reversed and there were relatively more persons than dwellings. Thus, 38.0 percent of the nonfarm population was located outside metropolitan districts, compared w i t h only 36.5 percent of the occupied nonfarm dwellings. The percentage increase i n occupied nonfarm dwelling units added between 1930 and 1940 i n the four metropolitan district population-size groups increased as the population-size group de- FEDERAL H O U S I N G ADMINISTRATION Nonfarm Population and Occupied Nonfarm Dwelling Units Distributed According to Size of Metropolitan Districts as Enumerated in the Census, 1930 and 1940 N o n f a r m population Metropolitan district size group 1,000,000 or more 250,000 to 999,999 100,000 to 249,999 50,000 to 99,999 Nonfarm, outside metropolitan districts_ T o t a l or average Occupied nonfarm dwelling units Percent of total nonfarm dwelling units Percent Percent Percent vacant, Percent increase increase distribu- 1940 over distribu- 1940 over for sale or rent, tion 1940 tion 1940 1930 1930 1940 34.1 17.8 9.0 2.6 17.9 19.5 20.5 24.4 5.3 4.1 4.0 3.4 12.1 36.5 12.0 5.4 9.6 100.0 16.3 33.2 17.4 8.9 2.5 6.6 9.3 10.0 13.9 38.0 100.0 creased; also, the percentage of n o n f a r m dwelling units added greatly exceeded the percentage increase i n nonfarm population f r o m 1930 to 1940. The greatest nonfarm dwelling u n i t increase, 24.4 percent, came i n the smallest size metropolitan districts, those of 50,000 to 99,999 persons. I n the group of 100,000 to 249,999 population the increase was 20.5 percent. F o r the metropolitan districts of 250,000 to 999,999 population the increase amounted to 19.5 percent, I n the districts of 1,000,000 or more population the occupied n o n f a r m dwelling units increased by 17.9 percent. I n each of the metropolitan district size groups the relative occupied n o n f a r m dwelling u n i t increase outside the central cities was greater than inside, and i n both areas the increase was smaller as the population size of the metropolitan districts increased. I n the districts of f r o m 50,000 to 99,999 population, for example, the increase i n the areas outside the central cities amounted to 42.1 percent and w i t h i n the cities to only 20.8 percent. I n the metropolitan districts of 1,000,000 or more, the increase outside the central cities was only 21.9 percent and inside them but 15.9 percent. F o r the areas entirely outside metropolitan districts the occupied nonfarm dwelling increase was 12.0 percent, while i n the Nation as a whole i t was 16.3 percent. The percent of nonfarm dwelling units vacant and for sale or rent decreased w i t h the size of the metropolitan district. A t the time of the 1940 Census the n o n f a r m dwelling units vacant and f o r sale or rent constituted 5.3 percent of the total i n the metropolitan districts of 1,000,000 or more population, 4.1 percent i n the districts of 250,000 to 999,999 persons, 4.0 percent i n those of f r o m 100,000 to 249,999, and only 3.4 percent i n the HOMES I N METROPOLITAN smallest districts. I n the last named group, vacant nonfarm dwelling units for sale or rent constituted 3.4 percent of the nonfarm dwelling units inside the central cities and 3.3 percent outside them, a situation the reverse of that i n the next populationsize group, 100,000 to 249,999 population, where 4.3 percent was outside the central cities and only 3.9 percent inside them. I n the 250,000 to 999,999 population size group the percent of the total dwelling units vacant and for sale or rent was identical in both areas, or 4.1 percent i n each. Districts of 1,000,000 or more population had 5.5 percent of the dwelling units vacant inside the central cities and 4.8 percent outside them. Outside the metropolitan districts of the nation 5.4 percent of the nonfarm dwelling units were vacant and for sale or rent, compared w i t h 4.9 percent for the nation as a whole. Table 2.—Small home mortgage insurance. Of the total number of small home mortgages accepted for insurance by the F H A f r o m the beginning of operations i n 1935 through 1940, some 77.1 percent were secured by homes located in the 140 metropolitan districts of the continental United States. Y e t these places contained but 62 0 percent of the nonfarm population and 63.5 percent of the occupied nonfarm dwelling units. The eleven largest metropolitan districts alone, those of 1,000,000 or more population, accounted for 43.4 percent of this insuring volume, although they contained only 33.2 percent of the nonfarm population and 34.1 percent of the occupied nonf a r m dwelling units. A l t h o u g h the area outside the metropolitan districts embraced 38.0 percent of the United States nonfarm population and 36.5 percent of the occupied nonfarm dwelling units, i t originated but 22.9 percent of the mortgages accepted for insurance by the F H A . A very similar distribution exists for the mortgages accepted f o r insurance by the F H A on new homes only. These data reaffirm the dominance of the metropolitan districts i n F H A insuring operations. As a result of this concentration of F H A business, small-home mortgages accepted f o r insurance by the F H A embraced 3.3 percent of the occupied nonfarm dwelling units located i n the metropolitan districts of f r o m 100,000 to 249,999 population, 3.3 percent of those of 1,000,000 or more, 3.0 percent of those i n the metropolitan districts of 50,000 to 99,999 population, and 2.8 percent 211 DISTRICTS Mortgages Accepted for F H A Insurance, Distributed According to Size of the Metropolitan Districts, Through December 1940 1- to 4-family home mortgages accepted for F H A insurance under sec. 203 Percent distribution of T i t l e I I rental housing units insured A l l homes N e w homes 1,000,000 or more 250,000 to 999,999 100,000 to 249,999 50,000 to 99,999 Outside metropolitan districts 43.4 19.3 11.4 3.0 3.3 2.8 3.3 3.0 44.3 19.2 11.6 3.3 14.5 11.1 12.7 11.1 22.9 1.6 21.6 9.4 31.7 7.6 A l l groups 100.0 2.6 100.0 12.0 100.0 100.0 Metropolitan district size group Percent distribution As a % Asa % of Title of occuof occuI loans pied pied insured Percent nonPercent nonfarm distridistrifarm b u t i o n dwell- b u t i o n dwelling ings, increase 1940 1930-40 j 38.9 18.3 9.0 2.1 47.3 33.0 10.1 2.0 of those f r o m 250,000 to 999,999. Outside the metropolitan districts F H A ' s proportion was but 1.6 percent. When the number of new home mortgages accepted for insurance by the F H A between 1935 and 1940 is related to the total number of occupied nonfarm homes added inside the metropolitan districts, i t is found that the proportion under the F H A was greatest in the metropolitan districts of I,000,000 or more population, or 14.5 percent. I n the metropolitan districts having f r o m 100,000 to 249,999 population, 12.7 percent of the occupied nonfarm dwelling units added were represented by F H A mortgage acceptances on new small homes. F H A ' s share i n the metropolitan districts of 250,000 to 999,999 and from 50,000 to 99,999 was I I . 1 percent each. Outside the metropolitan districts 9.4 percent of the occupied nonfarm dwelling units added between 1930 and 1940 were represented by mortgages accepted for insurance by the F H A on new small homes. Tables 3 and 4 . — F H A property improvement and rental housing insurance. A review of other aspects of F H A operations reveals that the largest metropolitan districts, those of 1,000,000 or more population, have accounted for 38.9 percent of the number of property improvement notes insured by the F H A , and 47.3 percent of the number of rental housing units. The area outside the metropolitan districts accounted for 31.7 percent of the property improvement notes insured and only 7.6 percent of the rental housing units. 212 FEDERAL H O U S I N G Table 5.—Types of originating mortgagees. W h a t type of institution originated the smallhome mortgages accepted f o r insurance by the F H A ? Who loaned the money which enabled the borrowers to become home owners under the F H A Plan? National and state banks originated more of the small-home mortgages accepted for insurance by the F H A i n the entire United States than any other type of institution. Their combined share accounted for 43.0 percent of the new-home mortgages and 52.0 percent of those on existing homes. These institutions are most popular i n the largest metropolitan districts and i n the areas outside the metropolitan districts. Thus, of the total number of mortgages originated during 1940 on new small homes in metropolitan districts of 1,000,000 or more population, 50.8 percent were accounted for by national and state banks. The next most popular area of operations for these banks was outside the metropolitan districts where they accounted for 47.8 percent of the new home mortgage originations. I n the metropolitan districts of from 50,000 to 99,999 population, the national and state banks originated 41.1 percent; i n the districts f r o m 100,000 to 249,999 persons, 37.0 percent ; and Type of Institution Originating New and Existing, Small Home Mortgages Accepted for F H A Insurance in Metropolitan District Size Groups, 1940 Percent d i s t r i b u t i o n M e t r o p o l i t a n districts w i t h popul a t i o n of— T y p e of i n s t i t u t i o n United States total 1,000,000 250.000 100,000 or to to more 999,999 249, 999 Outside metropolitan 50, 000 districts to N e w homes N a t i o n a l banks State banks Savings and loan associations.-. . M o r t g a g e companiesInsurance companiesSavings b a n k s . . A l l others. A l l groups . 23.4 19.6 29.4 21.4 9.7 13.4 19.1 17.9 18.6 22.5 26.2 21.6 9.0 24.7 12. 7 3.9 6.7 7.8 23.5 6.8 6.7 4.4 11.1 23.6 20.3 2.6 9.3 9.4 23.4 18.7 1.0 10.5 12.3 16.4 21.8 .4 8.0 8.7 21. 2 14.0 .9 7.4 100.0 100.0 100.0 100.0 100.0 100.0 E x i s t i n g homes N a t i o n a l banks State banks Savings and loan associations M o r t g a g e companies. Savings b a n k s . A l l others A l l groups. 27.8 24.2 29.7 25.4 16.0 19.3 29.0 23.3 19.9 21.6 33.6 26.0 7.4 19. 1 12. 5 4.3 4.7 6.9 19.9 8.5 4.9 4.7 8.5 26.8 19.9 5.6 3.9 7.1 12.4 18.4 3.5 6.3 14.1 9.4 30.7 .6 3.7 7.3 14.8 11.8 2.1 4.4 100.0 100.0 100.0 100.0 100.0 100.0 ADMINISTRATION i n the districts of f r o m 250,000 to 999,999 persons, 23.1 percent. Mortgage companies were the second most popular type of originating institution throughout the United States, w i t h 24.7 percent of the new-home mortgages accepted for insurance by the F H A d u r i n g 1940, and 19.1 percent of those on existing homes. The mortgage companies were most active i n the metropolitan districts of f r o m 250,000 to 999,999 population, 33.6 percent of the new home mortgages and 26.8 percent of those on existing homes. I n the districts of I,000,000 or more population the share for mortgage companies was 23.5 percent of the new home mortgages and 19.9 percent of those on existing homes. Outside the metropolitan districts the mortgage companies originated 21.2 percent of the mortgages accepted for insurance by the F H A on newT, small homes, and 14.8 percent of those on existing homes. The insurance companies tended to be more active i n the smaller size metropolitan districts. Their originations represented 21.8 percent of the new home mortgages, and 30.7 percent of the existing home mortgages accepted for insurance by the F H A in the metropolitan districts of 50,000 to 99,999 population, 20.3 percent of the new home mortgages and 19.9 percent of the existing home mortgages i n the districts of 250,000 to £99,999 population, 18.7 percent of the new home mortgages and 18.4 percent of those on existi n g homes i n the 100,000 to 249,999 population size metropolitan districts, and only 6.8 percent of the new home mortgages and 8.5 percent of the existing home mortgages i n the metropolitan districts of 1,000,000 or more population. Outside the metropolitan districts they accounted f o r 14.0 percent of the new home mortgage originations and 11.8 percent of those originated on existing homes. The savings and loan associations likewise were more active originators of mortgages accepted for insurance by the F H A during 1940 i n the smaller metropolitan districts. W i t h reference to new home mortgage originations they accounted for I I . 1 percent of the total number originated i n the metropolitan districts of 250,000 to 999,999 population, 9.4 percent i n the 100,000 to 249,999 population size group, and 12.3. percent i n the 50,000 to 99,990 group, as against only 7.8 percent i n the metropolitan districts of 1,000,000 or more HOMES I N METROPOLITAN population. The savings and loan associations accounted f o r a smaller share of the existing home mortgage originations i n most metropolitan district size groups, although the tendency to favor the smaller metropolitan districts continued. Outside the metropolitan districts the savings and loan associations accounted f o r 8.7 percent of the new home mortgage originations and 7.3 percent of those on existing homes. Similar data also are presented i n the preceding table f o r the savings banks and the miscellaneous lending institutions grouped into " a l l others." Table 6.—Mortgage loan as a percent of property value. A majority of the small-home purchasers under the F H A Plan obtain the maximum amount of mortgage permitted them. A n insured mortgage secured by a new small home may not exceed 90 percent of the total property valuation as determined by the F H A , and an existing home mortgage may not exceed 80 percent of the property valuation. I n the metropolitan districts having a population ranging f r o m 50,000 to 99,999, some 69.8 percent of the buyers obtained a mortgage on new small homes representing between 86 and 90 percent of the total property valuation. Another 12.4 percent of the mortgages represented between 81 and 85 percent of the property valuation, and 10.2 percent, between 76 and 80 percent. Only 7.6 percent of the mortgages represented less than 76 percent of the property valuation. Very similar distributions describe the three remaining metropolitan district size groups. These data are set f o r t h i n Table 6 of each metropolitan district population-size group page appearing at the end of this chapter. Similarly, 69.3 percent of the existing homes secured by mortgages accepted f o r F H A insurance d u r i n g 1940 i n metropolitan districts having between 50,000 and 99,999 population, covered f r o m 76 to 80 percent of the total property valuation—the maximum permitted. Some 13.8 percent represented f r o m 71 to 75 percent of the property valuation; another 9.1 percent of the mortgages amounted to between 61 and 70 percent of the property valuation; and only 7.8 percent of the existing home mortgages were for 60 percent or less of the valuation. Similar distributions characterize the other metropolitan district groups. O f course, the mortgage principal on an existing home tends to 213 DISTRICTS be a much more conservative proportion of the value of the residential property than is the case w i t h a new home. Table 7.—Garage capacity. Whether i t is a necessity, convenience, or pleasure vehicle, the automobile plays a major role i n the lives of most Americans. Garaging i t is a problem. Of the total a number of small homes accepted for mortgage insurance by the F H A d u r i n g 1940 inside the metropolitan districts of 1,000,000 or more, only one of every four, or 25.3 percent, lacked garage facilities. I n the metropolitan districts of 100,000 to 249,999 population, 17.5 percent of the homes had no garages; i n the districts of 250,000 to 999,999 population 12.8 percent of the homes were without garages; and i n the districts of 50,000 to 99,999 population 12.4 percent were without garages. O f the total homes i n the metropolitan districts of 1,000,000 or more there were 51.6 percent w i t h one-car garages, and 23.1 percent w i t h two-or-more-car garages. I n those districts possessing from 250,000 to 999,999 population, the one-car garage homes constituted 66.9 percent of the total number, the two-car garages 19.9 percent, and the three-car garages 0.4 percent. A very similar percentage distribution obtained in the remaining metropolitan district populationsize groups. These data appear i n Table 7 on the pages at the end of this section setting f o r t h information by metropolitan district populationsize groups. Table 8.—Material of exterior construction. O f the new small homes accepted f o r mortgage insurance during 1940 inside the metropolitan districts of 1,000,000 or more population only 21.9 percent were of wood exterior material, as compared w i t h approximately 60.0 percent of the new homes i n the other metropolitan district population size groups. B r i c k was the most popular material in the largest metropolitan districts, 37.5 percent of the new homes. This was followed by stucco, 29.1 percent, and other materials, p r i n cipally asbestos shingles and stone, 11.5 percent. W i t h reference to existing homes accepted for mortgage insurance d u r i n g 1940 inside the metropolitan districts of 1,000,000 or more population, 35.7 percent were of wood exterior construction, 30.9 percent of brick, 28.8 percent of stucco, and 4.6 percent of other types of materials. B u t , i n a The data were not compiled for new and existing homes. 214 the metropolitan districts of 250,000 to 999,999 population, wood as the exterior material represented 60.1 percent, brick 21.7 percent, stucco 14.2 percent, and other materials 4.0 percent. A comparable distribution held f o r the two remaining metropolitan district size groups. These data appear i n Table 8. Table 9.—Number of rooms. There is a considerable difference between the new^ and existi n g small homes securing mortgages accepted f o r F H A insurance during 1940 w i t h regard to the number of rooms. W i t h i n the metropolitan districts of 1,000,000 or more the new homes having four rooms or less constituted 21.2 percent of the total as compared w i t h but 4.2 percent of the existing homes. Five-room homes represented 43.1 percent of the total new homes, compared wTith 29.1 percent of the existing homes. I n the six-room category there were 31.5 percent of the new homes, and 39.9 percent of the existing homes. Only 4.2 percent of the new homes had seven or more rooms as compared w i t h 26.8 percent of the existing homes. I n the smallest metropolitan district population-size group, 50,000 to 99,999 persons, 26.2 percent of the new homes had four rooms or less, 49.7 percent had five rooms, 19.5 percent six rooms, and 4.6 percent seven or more. O f the existing homes 9.5 percent were of four rooms or less, 42.5 percent had five rooms, 2*9.0 percent six rooms, and 19.0 seven or more rooms. These data appear i n Table 9. Table 10.—Property characteristics of homes. The purchasers of new single-family homes under the F H A Plan during the year 1940 bought moderately priced homes. I n the metropolitan districts of f r o m 50,000 to 99,999 population, 83.5 percent of the new homes had a property valuation of less than $6,000. As the size of the metropolitan districts increased, the proportion of homes valued below $6,000 decreased. Thus, i n the metropolitan districts of 100,000 to 249,999 population 79.4 percent of the new homes were valued at less than $6,000. I n the 250,000 to 999,999 population group 72.3 percent were below $6,000. A n d i n the metropolitan districts of 1,000,000 or more, only 63.9 percent were valued below $6,000. A very similar situation obtained i n the instance of the existing single-family homes. The average value of the new single-family FEDERAL H O U S I N G ADMINISTRATION homes i n the metropolitan districts of 1,000,000 or more population was $5,593. The average value declined successively w i t h each decline i n size of metropolitan district so that f o r the metropolitan districts of 50,000 to 99,999 population, average valuation was only $4,654. The average land value of new homes followed the average property value. For the metropolitan districts of 1,000,000 or more population i t was $775 whereas for the smallest metropolitan districts i t was only $540. The average land value represented 13.9 percent of the average new-home property value i n the metropolitan districts of 1,000,000 or more population, 12.4 percent i n the districts of f r o m 250,000 to 999,999 population, 12.0 percent i n the districts of f r o m 100,000 to 249,999, and only 11.6 percent i n the districts of 50,000 to 99,999. Similar relationships hold i n the case of the existing homes. I n the metropolitan districts of 1,000,000 or more population the average property value of the existing homes was $5,914 as compared w i t h $5,593 for the new homes, the average land value $1,223 and $775, respectively. This situation was reversed i n the metropolitan districts of 250,000 to 999,999. There the average property value of the existing homes was $5,019 and that of the new homes, $5,209, and land value $854 and $644. E x isting homes i n the 100,000 to 249,999 population size districts had an average value of $4,795, and new homes $4,891. The land value was $775 and $587. I n the metropolitan districts of 50,000 to 99,999 population, the average existing-home value was $4,660 against $4,654 for new homes, and the average land value $727 and $540. These data appear i n Table 10 on the pages for each metropolitan district population-size group appearing at the end of this section. Table 11.—Borrower's income and gross monthly payment. Persons of moderate income purchased the new and existing single-family homes financed under the F H A Plan during 1940. There is a tendency, however, for income, average gross monthly payment, gross monthly payment as a percent of income, and ratio of property value to income, all to increase w i t h the size of the metropolitan district. Existing home purchasers tend to have larger incomes than do new home purchasers. This information is set f o r t h i n HOMES I N METROPOLITAN DISTRICTS Table 11 i n each metropolitan district size group page at the end of this section. I n the smallest metropolitan districts, those having f r o m 50,000 to 99,999 population, 80.4 percent of the new single-family home purchasers, and 71.1 percent of those w i t h existing homes, had annual incomes of less than $3,000. These percentages declined steadily as the population size of the metropolitan districts increased, because of the higher incomes i n the larger districts. I n the metropolitan districts having f r o m 100,000 to 249,999 population, 79.5 percent of the newThome purchasers had incomes of less than $3,000, as d i d 68.9 percent of those b u y i n g existing homes. These percentages declined to 75.4 and 65.7 percent respectively, i n the districts of f r o m 250,000 to 999,999 population, and to 71.3 and 57.5 percent i n the districts of 1,000,000 or more population. The property value of the new single-family homes purchased i n the smallest metropolitan districts, 50,000 to 99>999 population, represented 1.95 times the annual income of the borrowers. This ratio increased w i t h the size of the metropolitan districts, to 2.03, to 2,04, and to 2.05 i n the three successively larger metropolitan district population size groups. F o r existing homes the ratio of the property value to the borrower's annual in- 215 come rose f r o m 1.70 i n the smallest size metropolitan districts to 1.78 f o r the largest. The average gross monthly mortgage payment, inclusive of hazard insurance and taxes, amounted to $32.82 f o r all new single-family home purchasers i n the metropolitan districts of 50,000 to 99,999 population. This average payment, on an annual basis, constituted 16.4 percent of the borrower's annual income. T h i s average gross monthly mortgage payment rose to $33.70 i n the districts of f r o m 100,000 to 249,999 population and to 16.7 percent of the borrower's annual income. I n the metropolitan districts having f r o m 250,000 to 999,999 population the payment was s t i l l higher, $36.39 a month, or 17.1 percent of the income. I n the districts of 1,000,000 or more population the monthly mortgage payment of $40.45 constituted on an annual basis 17.8 percent of the borrower's annual income. I n the instance of the purchasers of existing single-family homes, the average gross monthly mortgage payment was $33.72 i n the smallest metropolitan districts, and rose to $34.69, to $36.71, and to $44.05 w i t l i the increase i n size of the metropolitan districts. Payment as a percent of annual income rose f r o m 14.7 percent, f o r the smallest metropolitan districts to 15.8 percent f o r the largest metropolitan districts. 216 FEDERAL HOUSING ADMINISTRATION TOTAL INSIDE AND OUTSIDE METROPOLITAN DISTRICTS, CONTINENTAL U.S. Table 1.—Census nonfarm data on population and number of dwelling units Number of nonfarm dwelling units Nonfarm population Occupied Increase Area 1940 Inside metropolitan districts: I n central cities Outside central cities 1930 Vacant, 1940 Increase Number Percent 1940 5-1 15.1 11.903,510 5.317.321 10,239,480 4,237.010 1,664,030 1,080,311 16.3 25.5 38.995 79.277 Number 42,796,170 2O.l69.6O3 40,713,656 17,527.889 2,082,514 2,641.714 Total inside districts^ 62,965.773 58,241,545 4,724,228 8.1 17.220,831 14,476,490 2,744,341 19.0 Outside metropolitan districts- 38.552.U26 34,375,988 4.176,438 12.1 9.879.794 8,823,536 1,056.258 12.0 101,518,199 92.617,533 8,900,666 9.6 27.100,625 23.300,026 3,800,599 16.3 Grand total For sale or rent N o t for sale or Percent rent 1930, estimated by F H A 596.935 254,420 4.8 4.5 118,272 851.355 4.7 18,190,458 3^0,977 578,661 5.4 10.799.432 459.249 1,430,016 4.9 28,989,890 Mortgages on 1- to 4-family homes Amount Number Property improvement notes Existing homes New homes Number A l l homes Number Amount Year Number Amount 10,019 26,920 $101,886,089 $ 48,618,880 $150,504,969 36.939 58.297 207,777.990 42,608 199.724,027 407,502,017 100,905 . . 4 4 , 8 9 6 . . ...210,314,767 . . 4 4 , 9 2 1 . . ..165,409,890. . . 8 9 . 8 1 7 . . ...375,724,657 135.244 90,031 416,666,637 45. a 3 591,429,610 i74.762.973 15U.599 114,729 39.870 521,743,382 155.095.812 676,839,194 .155.390.. ...690.553.U31 , . . 3 5 , 9 7 8 . . ..144.723,008. .191.368.. ...835,276,439 1935 1936 193 7 1938 1939 1940 1935-40 457.673 2,087,621,124 Mortgages: Number. Amount Projects: Number. Dwelling units Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages $ 126,952.675 300 33.204 Existing homes New homes New homes: $2,999 or less 3,000 to $3,999 4,000 t o 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999k 10,000 or more A l l groups: 1940 1939 1938 100.0 Wood Brick Stucco Other 100.0 Percent distribution 1- to 4family homes New homes Average FHA value of land $ 2.670 $285 3.1 3.^98 382 18.9 ...26.8.. ...4,421.... ....504 5.391 667 23.6 22.1 6,544 899 . . . . 3 . 7 . . . . . . 8 , 6 1 0 . . . . ..1.299 1.8 12,492 2.139 100.0 5,188 5.367 5.531 Land as a percent of property value 10.7 10.9 ....11.4 . 12.4 13.7 ....15.1 17.1 658 721 784 12.7 1?.4 14.2 11.0 $ 2,422 $385 21.8 3.^7 539 ...22.4... ...4,372.... ....724 17.2 946 17.1 1.251 . . . . 5 . 4 . . . . . 8 , 6 6 1 . . . . ••1.773 5.1 12,820 3.079 15.9 VJSt 5.170 5.054 5.069 950 954 1,008 Existing homes All homes 67.5 54.3 12.9 10.3 ....11.7... ...63.6... ...21.9 16.2 3-U 5.9 3.U 5.3 .....1.5 7... .8 .4 2.3 100.0 Total 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution 1-family homes Existing homes 44.9 26.7 ,...17.7.... 10.7 Total Average FHA value of property 1,242,123,541* Number of rooms New homes 56.5 100.0 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less Exterior material 22.2 100.0 Amount o f mortgage as a percent of F H A valuation of property Percent distribution 1-family homes .20.5 .8 Percent distribution 3,008,045* Table 6.—Mortgage as a percent of value, 1940 All homes 100.0 Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property 1934-40 Table 8—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total 3,037,276,886 Percent distribution of amount of 1- to 4-family home mortgages 100.0 Total Table 7—Capacity of garage, 1940 N o garage 1-car garage 2-car garage . . 3-car garage 708,872 23.4 27.8 24.2 National banks 19.6 24.2 20.4 State banks Savings and loan assns..... > . . . . 9 . 0 . . . . . . . . 7 . 4 . . . 8.7 Mortgage companies 19.1 24.7 23-7 Insurance companies 12.5 12.6 12.7 Savings banks ,....3.9... ,....4.3... .....4.0 A l l others 6.4 6.7 4.7 317 Garage and car capacity 949.655.762 Amount $253,789,194 707.954 617,424 245,962,947 ...124,681. 60.331,159 382.162 172.598,458 512.969 232.963.733 ...662,855. ....276,478,050 1934-35 1936 1937 1938 1939 1940 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 251.199 12,539,440 5.651,018 Table 3.—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Year Total Percent of total Number 52.1 83.3 20.1 M 100.0 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 22.7 47.0 ....25.8... 4.5 7.6 32.4 24.8 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 17.7 18.7 ....20.5 24.0 A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 18.4 18.9 19.9 A l l groups: 1940 1939 1938 distrf bution Average gross monthly payment Ratio of property value to income Gross payment as a percent of income $ 23.30 2.68 21.6 5.9 27.0 29.40 2.38 19.7 ....29.1.. •...34.91... . . . 2 . 2 3 . . . . ,...18.8 2.04 17.4 39.05 13.3 16.6 16.1 1.85 U4.59 4.4.. I...52.59..• . . . 1 . 6 2 . . . . ,...14.3 3.7 1.29 65.75 11.3 100.0 36.81 38.87 40.65 2.02 1.96 1.91 17.2 17.0 16.8 5.1 $ 21.49 2.38 20.1 21.6 27.04 2.14 18.6 ,...24.8.. ,...31.93... ...1.96.... I...17.2 12.6 36.67 1.85 16.3 42.58 15.2 19.3 1-73 . . . . 7 . 0 . . ,...51.63... ...1.57...., ...13.8 9.6 71.72 1.27 11.3 100.0 38.18 3*.25 39.06 1.72 15.1 15.0 1.67 14.6 1-59 Vote: A glossary of t e n s used I s included i n the Appendix. *The 1930 data for 35 metropolitan d i s t r i c t s were estinatsd on a basis approximating the 19^0 aetropolitan d i s t r i c t boundaries, and for 18 aetropolitan d i s t r i c t s the 1930 data were based on the aetropolitan d i s t r i c t boundaries as established i n the 1930 Census, "includes adjustments of +8,037 and -$300,388; f o r explanation, see " T i t l e I notes insured" on p. 236. 217 HOMES IN METROPOLITAN DISTRICTS TOTAL INSIDE THE 140 METROPOLITAN DISTRICTS, CONTINENTAL U.S. Table 1.—Census nonfarm data on population and number of dwelling units Number of nonfarm dwelling units Nonfarm population Vacant, 1940 Occupied Increase Area 1930 a 1940 Number I n central city Outside central city Metropolitan district Percent 42,796,170 20.169,603 40,713.656 17.527.889 2,082,514 2,641,714 5-1 15.1 62,965.773 58,241,545 4,724,228 8.1 1940 11,903,510 5.317.321 1930, a estimated by F H A Number 10,239,480 4,237,010 1,664,030 1,080,311 17,220,831| 14,476,490 For sale or rent Increase N o t for sale or Percent rent 16.3 25.5 38.995 79.277 2.744,341| 19.0 118,272 596,935 . 254,420 4.8 4.5 12,539,440 5,651,018 851.355 4.7 18,190,458 Table 3—Volume of Title I Notes insured Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Property improvement notes Mortgages on 1- to 4-family homes Existing homes New homes Year Amount Number Number A l l homes Amount Number Amount $ 112,100,380 25.102 18,112 6,990 $ 36.669.950 $ 75.U30,430 312,867,280 71.837 41,761 151.738.907 30.076 161,128,373 . . . 3 3 . ^ 5 8 . . ...165,826,132. . . . 3 U . 3 9 2 . . ..134,557,151.J . . . 6 7 , 8 5 0 . . ...300,383,283 487.688,114 106,148 343,808,810 143.879.304 3^.950 71.198 565,891,280 124,283 128,845.307 31.157 93.126 437.045.973 ..123,739.. ...567.143,431. . . . 2 7 . 8 8 3 . - ..119,350,238.. ..151,622.. ...686,493,669 1935 1936 193 7 1938 1939 1940 1935-40 358.587 1,702,233,203 763,190,803 Mortgages insured under Section 207 or 210 of Title I I Type of institution originating mortgages National banks State banks Mortgages: Number 272 Amount....—. $ 118,597,775 Projects: Number 255 Dwelling units 30.674 Existing homes 22.8 19.1 26.5 23.8 t0 Total New homes 20.5 57.O Wood Brick .9 Other 100.0 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999. 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999k 10,000 or more A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,99a 5,000 to 5,999 6,000 to 7,999 8,000 to 9,99a 10,000 or more A l l groups: 1940 1939 1938 Percent distribution Average FHA value of property 5.332 5.522 5,758 $2,506 6.9 3,448 19.2 ...22.9... ...4,383.... 18.9 5.353 19.6 6,687 . . . . 6 . 4 . . . ...8,651 ; 12,892 6.1 100.0 5,500 5.335 5.400 Average FHA value of land 100.0 Land as a percent of property value 11.1 $303 11.4 402 523.... ....11.8 685 12.7 918 14.0 ....15.4 2,185 17.5 Existing homes All homes 69.O 55.9 12.7 10.4 ...10,8.... ...65.6.... ...21.0 16.0 3.2 5-7 12.6 5-1 ....4.0.... .4 1.8 90 85 80 75 70 60 less 100.0 Total 100.0 100.0 Table 9—Size of home, 1940 Percent distribution 1-family homes Existing homes 46.0 39.1 27.0 30.3 ....19.9.... ....22.6 4.4 10.7 Total $2,733 I'3 16.2 3.516 ...25.9... ...4,432.... 5,401 25.3 6,544 24.6 ....4.1... ...8,607.... 12,510 2.0 100.0 100.0 Exterior material Table 10.—Averages by property value groups for 1-family homes, 1940 F H A valuation of property to to to to to to or New homes Number of rooms homes No garage 1-car garage 2-car g a r a g e . . . . . . . . . . . . 3-car garage 86 81 76 71 61 51 50 Percent distribution 1- to 4family homes Percent distribution 1-family homes Percent distri4-?am!ly 24.6 12.4 4.6 6.2 Amount of mortgage as a percent of * F H A valuation of property Table 8.—Material of construction, 1940 Table 7—Capacity of garage, 1940 bUt All homes 23.5 19.9 100.0 100.0 850,819.725 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages 20.1 25.5 12.6 12.4 ....4.6.... ....4.8..., 6.6 4.7 Mortgage companies Insurance companies Savings banks A l l others Total Garage and car capacity 2.054,318 2,465,424,006 546,842 New homes 504,086 $ 179.583.139 434,431 174,576,521 ...89.796 ...44,860,353 261.737 117.736.689 332.3^5 150,835,228 •••431.923 ..183,227,795 1934-35 1936 1937•« • 1938 1939 194 0 Table 5—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 188,255 Total Percent of total Number 100.0 4 rooms or less 5 rooms 7 rooms or more Total New homes Existing homes 21.4 47.4 ....27.1.... 4.1 6.2 32.1 37*1 24.6 100.0 100.0 Table 11.—Averages by borrower income groups for 1-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 698 770 848 13.1 13.9 14.7 $437 570 755 979 1,281 3.146 17.4 16.5 I....17.2 18.3 19.2 ....20.8 24.4 A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499. 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more 1,054 1,049 1,113 19.2 19.7 20.6 A l l groups: 1940 1939 1938 Percent distribution Average gross monthly payment Ratio of property value to income 4.4 $ 24.24 2.72 30.13 25.8 2.40 ...29.8... ...35.63.... ...2.27 39-78 2.07 14.0 1.88 45.51 17.5 ....4.6... ...53.60.... ...I.65 66.92 1.32 3.9 100.0 38.06 40.03 42.26 Gross payment as a percent of income 22.1 19.9 ...19.2 17.7 16.4 ...14.6 11.6 2.04 1.99 1.95 17.5 17.2 17.1 3.6 $ 23.26 2.52 28.39 2.22 19.9 ...24.7.. ...33.11...j ...2.03 37.85 1.90 13.2 44.27 20.1 1.79 ....7.6... ...53-24.... ...1.62 74.00 10.9 1.29 21.4 19.4 ...17.8 16.8 15.8 ...14.4 11.6 100.0 40.68 40.45 41.44 1.75 1.72 1.63 15.5 15.4 14.9 Note: A glossary of terms used i s Included l a the Appendix. * The I93O data for 35 metropolitan d i s t r i c t s were estimated on a basis Approximating the 1940 metropolitan d i s t r i c t boundaries, and for 18 metropolitan d i s t r i c t s the I93O data vera based on the metropolitan d i s t r i c t boundaries as established in the I93O Census. FEDERAL HOUSING ADMINISTRATION 218 THE II METROPOLITAN DISTRICTS OF 1 , 0 0 0 , 0 0 0 OR MORE POPULATION Table 1.—Census nonfarm data on population and number of dwelling units Number of nonfarm dwelling units ; Nonfarm population Increase Occupied Vacant, 1940 Area 1940 Number I n central city..... Outside central citv Metropolitan district 1930, » estimated by F H A 1930* Percent 1940 Increase Number For sale or rent Number Percent of total 21,824,025 11,867,439 20,975.745 10,625,421 848,280 1,242,018 4.0 11.7 6,065,293 3,170,366 5.233.563 2,601,850 831.730 568,516 15.9 21.9 18,070 46,474 355.964 161,506 5-5 4.8 6,439.327 3.378,346 33,691,464 31,601,166 2,090,298 6.6 9.235.659 7,835.413 1,400,246 17.9 64,544 517.470 5-3 9.817.673 Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I Table 3.—Volume of Title I Notes insured Mortgages on 1- to 4-family homes Year New homes Number Property improvement notes Existing homes Number Amount Amount A l l homes Number Year Number Amount 12,496 $ 60,081,850 $ 21,066,100 3.841 $ 39,015,750 8,655 182,650,530 39.536 17.312 91,373.660 91,276,870 22,224 . . 1 8 , 9 7 1 . . . . . . . 9 8 , 8 8 1 , 3 2 8 . . . 1 8 , 7 9 4 . . . . . . 7 8 , 4 6 1 , 2 4 4 . . . . . 3 7 , 7 6 5 . , ...177,3^2,572 299.475,281 62,018 41,916 88,411,037 211,064,244 20,102 52,003 70,030 334,427,896 79,804,349 254,623.547 18,027 . . 6 8 , 6 0 1 . . . ...327,098,881. ..17.130..« . . . 7 8 , 4 2 1 , 1 4 3 . . ...85,731'< . . 4 0 5 , 5 2 0 , 0 2 4 1935 1936 193 7 1938 1939 194 0 202,644 1935-40 1,004,107,760 Mortgages: Number Amount Projects: Number Dwelling units 104,932 Mortgages insured under Section 207 or 210 of Title I I T^pe of institution originating mortgages $ 62,610,000 New homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 8,000 to 9,999 10,000 or more Ml homes Wood Brick Other 100.0 Total 0.5 11.8 .24.3, 27.3 29.1 ..4.6... 2.4 Average FHA value of property $ 2,788 3.554 ..4,453. 5.411 6.537 ..8,607.. 12,628 A l l groups: 1940 1939 1938 Existing homes: $2,999 or less 3,000 to $3,999 4,000 to 4,999 5,000 to 5,999 6,000 to 7,999 S,000 to 9,999 10,000 or more 100.0 5.593 5,800 6,031 U.3 14.2 .22.3. 20.5 23.2 ..7.7. 7.8 $ 2,525 3.^72 ..4,400., 5.358 6,683 ..8,654., 12,999 A l l groups: 1940 1939 1938 100.0 5.914 5.772 5.784 Average FHA value of land $423 *37 ...545.. 713 951 .1,381., 2,274 Land as a percent of property value 15.2 12.3 .12.2 .16.0 18.0 775 845 933 13.9 14.6 15.5 ...810., $499 630 19.8 18.1 .18.4 1,049 1.3^7 .1.893.. 3.302 .21.9 25.4 1,223 1.215 1.294 19.6 20.2 20.7 21.0 22.4 Existing homes All homes 69.4 55.3 12.3 9.9 ...10.2.... ...64.0.... ...21.0 16.3 3-2 5.9 13.U 3.5 5.5 8.... ....4.2.... ....1.5 1 .6 2.1 •9 86 to 90 81 to 85 76 to 80 71 to 75 61 to 70 51 to 60 50 or less 100.0 Newhomes 100.0 Total 100.0 100.0 Table 9.—Size of home, 1940 Percent distribution l-family homes 25-3 51.6 21.9 1.2 Percent distribution 100.0 F H A valuation of property Percent distribution l - f a m i l y homes Number of rooms Exterior material Table 10.—Averages by property value groups for l-family homes, 1940 F H A valuation of property Existing homes 520,699,640 Percent distribution 1- to 4family homes Amount of mortgage Table 8.—Material of construction, 1940 Percent distribution all 1- to 4-family homes Total New liomes 1.168,993 Table 6.—Mortgage as a percent of value, 1940 Percent distribution of amount of 1- to 4-family home mortgages 100.0 Total Table 7—Capacity of garage, 1940 3-car garage 1934-40 1,459,498,153 ""ti 111 15.697 No garage 1-car garage 307.576 29.4 29.4 National banks 29.7 21.4 22.2 25.4 State banks Savings and loan assns. • • • <. . . . 7 . 8 . . . , . . . . 6 . 9 . . . . . . . . 7 . 7 Mortgage companies 19.9 22.8 23.5 Insurance companies 8.5 6.8 7.2 Savings banks ....6.7.... ....4.9.... 4.4 A l l others 4.7 115 Garage and car capacity 455.390,393 Amount 324,005 $117,365,605 264,433 112,002,483 . . . . 5 3 , 0 4 1 . ...28,886,376 142,245 71,245,789 88,186,325 167,719 . . . 2 1 7 , 5 5 0 . ..103,013,062 1934-35 1936 1937 193S 1939 1940 Table 5.—Type of originating mortgagee, 1940 Table 4.—Rental projects Total 1935-40 Total N o t for sale or Percent rent New homes Existing homes 21.9 37.5 35.'7 30.9 11.5 4.6 100.0 100.0 New homes 4 5 6 7 Existing homes 21.2 4.2 rooms or less 43.1 rooms 29.1 r o o m s . . . . . . . . . . . . . . . . .. . . . 3 1 . 5 . . . . ....39-9 4.2 26.8 rooms or more 100.0 Total 100.0 Table 11.—Averages by borrower income groups for l-family homes, 1940 Annual family income of borrower New homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 Existing homes: $1,499 or less 1,500 to $1,999 2,000 to 2,499 . . . 2,500 to 2,999 3,000 to 3,999 4,000 to 4,999 5,000 or more A l l groups: 1940 1939 1938 P r distri bution Average gross monthly payment Ratio of property value to income 2.83 2.7 $ 25.97 23.1 31.59 2.39 ...3O.6... ...37.13.... ...2.34 14.9 2.12 41.41 19.0 1.92 47.21 . . . . 5 . 2 . . . ...54.90.... ...1.67 68.88 100.0 Gross payment as a percent of income 23-3 20.1 ...20.0 18.4 17.0 ...15.0 11.9 2.05 2.01 1.97 17.8 17.8 17.6 * 25.19 2.63 2.3 2.32 30.26 17.1 ...23.9... ...34.96.... ...2.13 14.2 1.98 39.70 46.05 21.6 1.85 . . . . 8 . 3 . . ! ...55.40.... ...1.68 12.6 1.32 76.99 23.0 20.6 ...18.8 17.6 16.4 ...15.0 11.9 100.0 40.45 42.81 45.00 44.05 43.77 44.85 1.78 1.73 1.64 15.8 15.7 15.2 Note: A glossary of terms used is included in the Appendix. a The I93O data for 11 metropolitan d i s t r i c t s vere estimated on a basis approximating the 1940 metropolitan d i s t r i c t boundaries, and for 6 metropolitan d i s t r i c t s the I93O data were based on the aetropolitan d i s t r i c t boundaries as established in