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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a considerable amount of unpublished data without which it would have been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

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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

Grand total

101,518,199

5»1 H.903.510
15.1
5.317.321

Total

Percent
of total

459.249 1,430,016

Outside metropolitan districts-

2,082,514
2,641,714

Number

1940

Percent

Vacant, 1940
Increase

1930,
estimated
by FHA

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

30.674

3.750.121°

118.597.775

2.530

8,35*.900

2.631.834

4.406.353,102®

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

Inside

Outside

Inside

26.2
21.6
8.7....
21.2
14.0

33.6
26.0
7.3
14.8
11.8

4.7

4.4

100*0

100.0

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

86 to 90
81 to 85
76 to 80
71 to 75
61 to 70
51 to 60.
50 or less
Total

26.5
23.8
7.5....
20.1
12.6

7 T 100.0

New homes

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
....10.1.... ....22.6.... ....12.4
,...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

New homes

Average gross monthly payment
Existing homes

Inside
$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

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

Percent

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

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

2,188
15,862

Total

Percent
of total

127.172

2,672,871
3.209,955

Grand total

Vacant, 1940
Increase

1930,
estimated
by F H A

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

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

Grand total

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

New homes

Percent distribution

Existing homes

Inside

Inside

Outside

89.5
3.6

Wood
Brick

Outside
91.5
1.2

84.3
8.8

91.1
3.6

Other

6.7

Total

7.1

100.0

100.0

'

3.4

Inside
4 rooms or less
5 rooms
6 rooms
7 rooms or more

4.5

100.0

New homes

Number of rooms

100.0

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

New homes

Existing homes

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

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

Outside

,

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

Vacant, 1940

Occupied

Increase

For sale or rent

Increase

N o t for
sale or
Percent rent

Percent

1940

3.5
7-3

Number

1930,
estimated
by F H A

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

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 . . .

Outside metropolitan districts

Inside metropolitan districts

Inside as a percent of all places

Amount

Number

Amount

Number

Amount

Number

Amount

79.036
39.962

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

Total
Property improvement loans
insured under Title I :
Total...
....

$402,521,619
161,558,969
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
. ..

11.975

48,563,000

11.265

45,787.000

710

2.776.000

94.1

9^.3

891,905

Grand total

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
....34.1.... ....40.0.... ....41.1
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

Existing homes

New homes
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

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

Inside as a percent of all places

Number

Amount

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

New 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

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
2.1
.2
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

New homes

Percent distribution

Existing homes

Inside
30.6
38.3
....10.6....
20.5

Total

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

Wood
Brick
Stucco
Other

Outside

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....,

Outside metropolitan districts

Inside metropolitan districts
Amount

Number

Amount

Number

Inside as a percent of all places

Amount

Number

Amount

Property improvement loans
insured under Title I :
Total

$ 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

Total

93.205
7U.U85

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

3.UU2

1U.520,250

3.355

1U.172.850

87

3U7.U00

800,170

Grand total

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

New homes
Inside

Total

Outside

15.7
23.7
....10.1....
30.9
1U.2
1.9....
3.5

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies
Savings banks
A l l others

Percent distribution

Inside

Inside

21.9
37.6
9.9
13.6
1U.5
u
2.1

...Ji...

100.0

86 to 90
81 to 85
76 to 80
71 to 75
61 to 70
51 to 60
50 or less

100.0

17.9
27.7
....10.6....
22.9
16.U
13.8
17.1
3.2....
u....
5.6
3.9

100.0

New homes

Outside

15.8

100.0

Mortgage as a percent
of property valuation

Existing homes

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

New homes

Existing homes

Inside

Inside

80.8
10.6

5U.6
33.6

80.6
9.2

1*..,.

4
5
6
7

1*....

8.U

8.2

3.9

5.2

100.0

100.0

100.0

100.0

Other
Total

Inside

Outside

U6.8
UU.U

Wood
Brick

Outside

New homes

Number of rooms

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

New homes

Existing homes

New homes

Existing homes

Inside
$2,999
3,000
4,000
5,000
6,000
8,000
10,000

or
to
to
to
to
to
or

A l l groups

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

less
$3,999
4,999
5,999
7,999
9,999........
more

Outside

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

Existing homes

New homes

New homes
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

;

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

Outside metropolitan districts

Inside metropolitan districts
Amount

Number

Amount

Inside as a percent of all places

Number

Amount

Number

Amount

21,384
9.348

• 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

Total
Property improvement loans
insured under Title I :
Total...
Rental housing units insured
under Title I I :
Total

1.132

4,322,550

1,031

3.957.550

101

365,000

91.1

91.6

163,836

Grand total

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

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

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

Percent

91,848
149,301

2.9
28.1

958,641
182,087

6.4

Total inside districts.®

3.987.057

3.7*5.908

4,851,042

4,515.^6

335.596

8,838,099

8,261,354

Number

N o t for
sale or
Percent rent

576,745

7.0

836.330
129,809

122,311
52,278

14.6
40.3

1,140,728

966,139

174,589

1.306,342

241,149

Outside metropolitan districts..
Grand total. ..

1940

Number

For sale or rent

Increase

1930,
estimated
by F H A

3.215.107
530,801

3.306,955
680,102

Vacant, 1940

Occupied

Increase

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

Outside metropolitan districts

Inside metropolitan districts

Number

Number

Amount

9.539
9,108

$ 35.985.227
23,140,711

66.4
61.7

71.0
69.7

141,110,923

18,647

59.125.938

64.3

70.5

U9.157.029

83.971

3l.995.26l

64.0

60.6

Amount

Number

Amount

28.393
23,808

$ 123,989.971
76,246,890

18,854
14,700

$88,004,744
53.106,179

52,201

200,236,861

33.55*

233.517

81,152,290

149.5*6

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.

Inside as a percent of all places

Amount

Number

2.323

9,762,700

2,089

8,947,800

234

814,900

89.9

91.7

288,041

Grand total..

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

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

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

Total

27.6
25.4
6.0
25.1
14.2
7

100.0

Existing homes

Outside

Inside

Outside

74.2
62.4
11.2
13.6
....14.3.... ....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

New homes

Land value as a percent of property value
Existing 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

h

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

New homes

Existing homes

Outside

"
l

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

New ) somes
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

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

Percent

321,467
200,285

2.332.393
381,076

13.8
52.6

Vacant, 1940

1940

N o t for
sale or
Percent rent

Number

585.710
87.771

732.921
151,282

For sale or rent

Increase

1930,
estimated
by F H A

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

Inside metropolitan districts

Number

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

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

Grand total

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

Percent distribution
Mortgage as a percent
of property valuation

Existing homes

Outside

Outside

Inside

Inside

Total

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

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies
Savings banks . . . . . . . . . . . . . .
A l l others

New homes

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

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

New homes

Existing homes

New homes

Existing 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

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

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

Inside

Existing homes

Outside

Outside

Inside
$1,499
1,500
2,000
2,500
3,000
4,000
5,000

New homes

Existing homes

New homes

h
1
.
!

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

1940

12.1
39.0

171.380
U8.133

Vacant, 1940
Increase

138,640
31.532

63,580
51.294

526,342
131.511

589.922
182,805

Percent

Number

1930,
estimated
by F H A

N o t for
sale or
Percent rent

Number

32,740
16,601

For sale or rent

Total

Percent
of total

456
508

23.6
52.6

Number

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

Outside metropolitan districts

Inside metropolitan districts
Amount

Number

Amount

Number

Inside as a percent of all places
Number

Amount

Amount

18,083
11.711

$ 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

Total
Property improvement loans
insured under Title I :
Total.
Rental housing units insured
under Title I I :
Total...

284

1.133.500

213

939.000

71

194,500

75.0

82.8

128.160

Grand total

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

86
81
76
71
61
51
50

100.0

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

New homes

Existing homes

New homes
Inside

$2,999
3,000
4,000
5,000
6,000

Inside

Outside

4.8
30.7
3*« 7
15.1
11.7

or less
to $3,999
to 4,999
to 5,999
to 7,999

Outside
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

Vacant, 1940
Increase

1930,
estimated
by F H A

1940

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

Outside metropolitan districts

Inside metropolitan districts

Number

Amount

Number

Amount

Inside as a percent of all places

Amount

Number

Amount

$ 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

Total.
Property improvement loans
insured under Title I :
Total...

100,758
53.477

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

1.775

5,321,100

1.765

5,304,100

10

17,000

99-4

99.7

649.346

Grand total

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

New homes

Number of rooms

100.0

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

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

100.0

100.0

100.0

Inside

Outside

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

24.5
35-6
20.6
10.0
6.3
1.2
1.8

100.0

Existing homes

Outside

11.8
11.8
12.8.
14.4
16.1
17.8.
20.4

Outside

1.4
24.0
30.5
23.5
16.9
2.4
1.3

New homes

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

Percent
6.4

. . -

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

---

8,437, 290
7,908,918
5, 882,826

136.1

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

17,220,831

2, 744,341

19.0

546,842

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

12,094

62,965, 773

A s a % of
a l l occupied
dwellings
i n 1940

» 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,
estimated
by F H A

1930
Number

Percent

Increase

1940

Number

For sale or rent

N o t for
sale or
rent

Percent

Number

73,643
32,923

Metropolitan district

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

I n central city
Outside central city

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
1936
1937.
1938
1939
1940
1935^0

Number

$17,700
33.800
24,200....
130,300
164,500

10
21
16....
5
12
. . . . J.4....
78

597.750

152

Mortgages
insured under
Section 207
or 210 of
Title I I

Table 7—Capacity of garage, 1940

New
homes

100.0

Wood
Brick
Stucco
Other

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

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

$294
334
...430..

Land as a
percent of
property
value

$2,750
3,417
..4,435...
5,390
6,417
..8,300*..

.1,800"
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

Existing
homes
91.5
1.7
6.8
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

Amount of mortgage
as a percent of
F H A valuation
of property

Number of rooms

6.7

4,328
b
b

1.
U5

16~3
29.1

100.0

Table 10.—Averages by property value groups for 1-family homes, 1940

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.

J4.
» 4<

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

49
5

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

Table 4.—Rental projects

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Existing homes

Amount

4
11
4....
28
43
. . . . .62 . . . .

Total
1935-40

Total

Percent
of 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

77.685
4.247

Metropolitan district

76,834
3,839

851
408

81,932

I n central city
Outside central city

80,673

Percent

1.259

1930,
estimated
by F H A

1.1
10.6

21,043
1,012

1.6

22,055

|

[

Number

18,7*18
876

1940

For sale or rent

Increase

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

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

Average
FHA
value of
property

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®

32 0 *
,0

..4,293-•
5,000°
6.430^
...9,000*.
11,800b

5*51

100.0

33-3
33.3
..6-7..
2C1

$2,520 J

3,100®
..4,000 \
6,688

1

a

A l l groups: 1940
1939

100.0

3.923 °

..8.8

9.0*

57
0

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 .




85.2
14.8

100.0

Total

3-7

...52.6....
21.1
5.3
...I5.7....
3.5..
5-3

U

100.0

Total

12.9 *

a

All
homes
29.2

44.8

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

Existing
homes

85.7
1U-3

Other

Existing
homes

Number of rooms
New
homes

100.0

7U
.

100.0

Exterior material

Wood
Brick

40.8
..3.7..

-

New
homes

Percent distribution
l - f a m i l y homes

33-3
54.2
.10.4
2.1

632,278

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

Table 8—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

3-7
14. S
.25.9..

_
-

100.0a

77.573
90,839

1,572

Amount of mortgage
as a percent of
F H A valuation
of property

All
homes

....76.4

-

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

$170,406
162,317
28,884

Table 6.—Mortgage as a percent of value, 1940

3-1
20.5

....91.3.-. ...40.5
100.0

Table 7—Capacity of garage, 1940

Percent
distribution

Existing
homes

Amount

450
33 1
64...
217
239

1934-35
1936
1937.
1938
1939

Percent distribution of amount of
1- to 4-family home mortgages

Total

F H A valuation of property

Number

535.105

25M05

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....

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 . 5b
*

.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

I n central city
Outside central city

1940

Number

For sale or rent
Number

Percent
of total

-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

1.6

606,382

551.321

55.061

10.0

6,420

38,325

5.9

651,127

2,313,

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

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

100.0

Total

60.389

Average
FHA
value 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

$3,578

...f.565...

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...

17 5 *
,2

Land as a
percent of
property
value

8.7
..9.6
9.6

1.
15

.15.1
15.9*

54l

10.3

705
789

12.3

$250*

U.5
8.9b
12.4

.12.6
715

98
4

13.2
13.8
.14.9
16.5

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

18.5

Average
FHA
value of
land

22.874.00U

Percent distribution 1- to 4family homes

Amount of mortgage
as a percent of
F H A valuation
of property

100.0

78.1
16.4
1.7
3-8

100.0

Total

.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.




100.0

$ 5,835,082
537.132
,..1,125,291
3,264,068
3,694,825
..4,417,556

Table 6.—Mortgage as a percent of value, 1940

All
homes

78.2
3.0 . . .
3

Wood
Brick
Stucco
Other

17.5
.22.4.
32.5
25.2
..1.7.
.7

100.0

Existing
homes

New
homes

Table 10.—Averages by property value groups for 1-family homes, 1940

0.4
2.9
.15.6..
20.6
44.5
.10.5..
5.5

1,?
20 3

I8.7i9.950

3.533

Exterior material

100.0

Percent
distribution

16,503

..2.537.
«. 765
9,378
.11,183.

Percent distribution
1-family homes

18.8
70.8
10.3
.1

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

Year

Total

Not for
salp or
Percent
rent

-10,372
47,7^1

781,188
1.531.957

2,350,51^

Metropolitan district

Percent

37.369

770,816
1.579,698

.

1930, a
estimated
by F H A

a

Number

Increase

100.0

New
homes
32.3
32.1
2.8

7 rooms or more
Total

1.3
9.2
41.6
47.9

100.0

4 rooms or less
5 rooms

Existing
homes

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

225.769
46,879

Metropolitan district

227,871
45,184

-2,102
1.695

272,648

I n central city
Outside central city

273.055

-407

Percent

-0.9
3.8

-.1

1

1930,
estimated
by F H A

1940

60,057
12,127

Number

65,804

For sale or rent

Not for
sale or
Percent
rent

9.4

123
819

1,349
857

2.2
6.2

61.529
13,803

9.7

6,380

Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I

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

296,100

Number
20
30
23
166

621,400

Type of institution originating mortgages

Existing
homes

New
homes

Table 7.—Capacity of garage, 1940

Total

-

$3,780*
8.3
...25.0... . ..4,467*
5.367J
25.0
6,200*
41.7
-

-

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

100.0a

5,357
c
c

A l l groups: 1940
1939
1938

100.0a

Average
FHA
value of
land

$650*
17.2*
....517?..., ...11.6*
10.6*
Lo*
10.0*
-

10.9
c
c

100.0... . $4,500*... . . $400*

6

8 >

-

4,500*
c
c

-

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 .




50.0
50.0

8.9*
c
c
a

7.2
14.2
7.2
7.2

100.0a

100.0a

l6~7
,....8.3...
100.0a

Total

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

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

-

100.0

100.0a

6

64.2

75.0

Existing
homes

100.0

Total

Average
FHA
value of
property

All
homes

Number of rooms

Wood
Brick
Stucco
Other

1 00 a
0.

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

New
homes

-

Percent
distribution

of

Exterior material

Table 10.—Averages by property value groups for 1-family homes, 1940

F H A valuation of property

16.1

Percent distribution 1- to 4family homes

Amount of mortgage
as a percent of
F H A valuation

Percent distribution
1-family homes

28.6
71.4

2,473,126

5,527

Table 6.—Mortgage as a percent of value, 1940

33-1
20.9
29.9

100.0a

a

100.0

Amount

1,011
$371,983
823
302,304
. . . . 2 3 8 . . . ....104,775
418,929
913
595.004
1,162
....680,131

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

1934-35
1936
1937
1938
1939
1940

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

Number

$69,300
121,600
153,400
126,700
100,700

325,300

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

Amount

97

Table 4.—Rental projects

Total
1935-40

A l l homes

$65,200
102,800
,....95 500....
40,200
15,000

$4,100
19
18,800
30
,....57 900.... ,...32
10
86,500
4
85,700

69

Property improvement
notes

Existing homes

Amount

Number

Total

Percent
of total

Number

11.4

54,921
10,883

72,184

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

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

1930,
estimated
by FHA

1930
Number

Percent

1940

For sale or rent

Increase

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

102,505

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

232,464

I n central city
Outside central city
Metropolitan district

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

1935
1936

rl r-t

Mortgages
insured under
Section 207
or 210 of
Title I I

187,300

7

515.950

152

Type of institution originating mortgages

New
homes

100.0

All groups: 1940
1939

85.0
3.0

Other

.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

Amount of mortgage
as a percent of
FHA valuation
of property

.$ 388*.
41
9
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

3.137.738

86
81
76
71
61

Percent distribution 1- to 4family homes
New
homes

50 or less
100.0

Existing
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

-

Total

100.0

100.0"

100.0

Table 9—Size of home, 1940
Percent distribution
l-family homes

Existing
homes
100.0

100.0

Land as a
percent of
property
value

• • "3.2
6 92 8

Number of rooms

Total

100.0

Percent
distribution

100.0a

-

100.0

Wood
Brick

21.0
63.2
I5.8

670
A glossary of terns used i s Included In the Appendix.




All
homes

New
homes

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

Number

....114,100
....41.....
24.500
28
29.700
35
34.300... ....31.....

8

405,300

82

1935-40

All homes

$ 126,050

36
55
....36

id

"SKSf

20
28

-

Amount

Number

$7,200
33.200
Iff.100

.....5

Total
1935-40

Existing homes

New homes

1938
1939
1940

Total

Percent
of total

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

55.33*

1.01*

10.3*

44.09
43.23

100.0®

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

203,304
191.319

Metropolitan district

Percent

1930,
estimated
by F H A

1940

Number

For sale or rent

Not for
sale or
Percent
rent

Number

398.991

-1.5
-.6

-3.133
-1.235

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 •

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....
6
2
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
2 66 0
6 , 0
176
172,200
....137....
85,200...
795

Newhomes

Existing
homes

1934-35
1936
1937
1938
1939
1940

$ 331,400
548,287
4 28 0
9 , 0
6 66 0
7 , 0
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

100.0

Average
FHA
value of
property

4.995
52 0
, 2
56 9
. 7

72.0
8.0

10.3

Average
FHA
value of
land

Land as a
percent of
property
value

45
6
507
651

9.3
9.7
11.5

000c

, . $ 4 , 3 8 1 . . . ,'..$475, •,
60
5
5.195
12.5
90
0
6,708
13.U
1,100 c . . . ,....12.9°

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

Existing
homes

4.0

100.0

Total

Existing
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
18.4 . .
642
7
6,492
C
,..l,600c... ,....20.0
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 16 5
2,0
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
1 31 0
9 , 0

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

-1.1

206,437
192.554

394.623

I n central city..
Outside central city

Increase

a

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
3.4
39

...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

4.3
52

4.5
38
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
4 . 3
31
1.71
1939
1939
5,246
13.4
74
0
40.14
1.63
1938
1938
5.548
15.6
87
6
„
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

21.8
.13.0.
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

193.694
112,500

...

Metropolitan district

195.311
109,982
3 52 3
0.9

901

48,847
28,466

.3

77.313

i

1

Number

45.853
25.771

1940

-0.8
2.3

-1,617
2.518

306,194

I n central city
Outside central city

Percent

For sale or rent

N o t for
sale or
rent
Percent

1930,
estimated
by F H A

1930
Number

Increase

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

1935-40

Mortgages
insured under
Section 207
or 210 of
Title I I

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

244,700

Type of institution originating mortgages

New
homes

t?amSly

t0

A l l groups: 1940
1939
1938
Note:




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

-

Land as a
percent of
property
value

8.6*
7.8*

$250?
290 b

ffi""
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

-

-

100.0 a

Existing
homes

New
homes

7 rooms or more

Average
FHA
value of
land

•••••a
100.0

Percent distribution
1-family homes

11.1

Average
FHA
value of
property

68.2
5.9

Number of rooms

1.3
Total

AH
homes

Table 9.—Size of home, 1940

4 rooms or less
5 rooms

22.2
$450*
$3,800*
...22.2... ,...4,400*.. ^....350*...
5.467*
33.4
6,250 b
22.2
600*

100.0a

Existing
homes

-

Total

77.8
11.1

5.2
$ 2,9005
6.6
3.740*
...21.1... ....4,488...
5.500
42.1
6.272
23.7
1.3

New
homes

IS

98.7

100.0

100.0

2.787.947

...17.1.... ...88.9....
11.1
1.3

Other

Percent
distribution

444,209
543.676
. . .670,414

Percent distribution 1- to 4family homes

Amount of mortgage
as a percent of
F H A valuation
of property

Wood
Brick

25.9
69.4

A glossary of terms used I s Included in the Appendix.

463560 0 - 42 - 4

100.0a

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 4,999
5,000 to 5,999
6,000 to 7,999
8,000 to 9,999
10,000 or more

1,285
6,816

Exterior material

homes

F H A valuation of property

.1,621.

Table 6.—Mortgage as a percent of value, 1940

All
homes

Existing
homes

...128,012

11 4
,3

1938
1939
1940..

1,007,000

213

$ 5 59 8
2.3
4 56 8
7.9

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
1935-40

$61,800
90,200
L....18,200....
31,400
14,800
28,300....

55

762,300

158

Amount

15
22
2
6
3
7

$4,100
1
18,800
5
3....
18,000....
247,300
51
145,700
28
70.... ....328,400....

1935
1936
1937
1938
1939
1940

A l l homes

Number

Amount

Number

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

Number

For sale or rent

N o t for
sale or
Percent
rent

Percent
of total

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

186,440

1 50 2
6 , 6

a , 378

13.0

3.059

8.511

4.3

2,6
08 9
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

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..

2:8
,..8.658.,
1.6
21 7
5.458
5,722
5,849

1.0
100.0

591
802
.1.214.,
2.625

11.0

12.4
.14.0
a.6

64
3

11.6
12.1
12.7

695
744

14.6 »
17.8

$ 2,567*

.28.9
19.6

°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*

94
3

5.352
95
6
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
H6
1.

.4
100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes
Number of rooms

Existing
homes
95.8
2.1

100.0

Average
FHA
value of
property

24.7
..7.2..

100.0

2.8

Percent
distribution

3.1
15.5

100.0

92.6
4.1

Total

100.0

100.0

.,,

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

New
homes

.4

32.1

Amount of mortgage
as a percent of
F H A valuation

Exterior material

28.7

28.4
..3.4..
1.0

Table 6.—Mortgage as a percent of value, 1940

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

10.1

2,002,631
..573.9%
1.348,581
1,662,897
1.751.384

11.385.520

o f pr

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

$ 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...

1 80 0
9 , 1

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

0.2
4.6

20.34?

690,631

711.500

Metropolitan district

.1930,
estimated
by F H A

1940

3-0

252.981
437.650

4 79 6
5 , 9

Percent

Increase

New
homes
4
5
6
7

100.0

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

3.9
69

10.2
17.7
17.5
17.1

2.00

21.0

35.71
38.08

1.68

.1.70.
1.4i*
1.84

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

ABN-CEETD-RY
LAY HNCAY O
S
T

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

1930,
estimated
by FHA

1940

For sale or rent

Increase
Number

Not for
sale, or
Percent rent

Number

147,ia
69,500

Metropolitan district..

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

In central city
Outside central city

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...

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies
Savings banks
All others

3-car garage
Total

100.0

100.0

tLmily
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

96.2
1.9

.23.6..

...4,625.

26.2
..6.5..
3.8

...8,424.
14,475

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

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

New
homes

6,050
6,704
6.966
a
$ 2,775 a
3,440
...4,4o6..

...8,250 8.
14,028
6,840
7.097
6,621

86.8

1.9

Average
FHA
value of
land

$413 a
...492...
598
778
.1,200...

22 0
,2

&

Land as a
percent of
property
value

10.7 a
.10.6
11.1
11.7
.14.2
15.3

1.113
1,168
1.259

12.4
26.1a
14.5 »
.15.8
13-2

13.7

.19.4
a.5

16.3
16.5
19.0

All
homes

1.4...

3

.4
Total

100.0

100.0

:t
•3

100.0

Table 9.—Size of home, 1940
Percent distribution
l-family homes

f:2
2.9
100.0

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

718

$ 725 a
50c &
...694..,
710
930
.1,600
3.022

Existing
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

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.




Percent distribution 1- to 4family homes

Existing
homes

100.0

Total

$ 38 0
,56
3.
84

Table 6—Mortgage as a percent of value, 1940

100.0

New
homes

Wood
Brick
Stucco
Other

Average
FHA
value of
property

3.240,155

Number of rooms

Exterior material

100.0

$ 627.671
742.396
236.364
514.590
585.259
533.875

7.415

Percent distribution
l-family homes

10

9.6
73.1
I0.7
.6

Percent
distribution

1,643
1.676
471
1.119
1.311

1934-40

Table 8—Material of construction, 1940

Table 10.—Averages by property value groups for l-family homes, 1940

FHA valuation of property

6,310,025

7.9
32-1
24.6
a.2
8...
20.9
1.1
. . . A y . . . ....26.3...

Percent distri-

No garage
1-car garage

&

Amount

1934r-35
1936
1937
1938
1939

$ 268,000
757.425
1,091,4oo
1,285,400
1,298,100

Existing
homes

New
homes

Total

Table 7—Capacity of garage, 1940

Garage and car capacity

48
153
aa...

Percent distribution of amount of
1- to 4-family home mortgages

Type of institution originating mortgages

2
$0,0
9 00 0
2
26
2

bU

Number

Amount

1.225

1.749.200

336

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

3.9
18

$ a6.oo a
28.44
...35.14...
45.00
46.14
. . . 53.75
20.9

8.3
14

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

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

Metropolitan district

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

I n central city
Outside central city

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

1935
1936
1938
1939
1935-40

$ 283.250
1,102,850

8,187,300

1,581

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

5.3

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

100.0

100.0

Total

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»

i:8f
5.166

16.1*

.1,411..
3.667 a

100.0

12.7
13.0

1,049
1.033
1*055

$600*

.12.8

...567..
750
96
5

A glossary of terms used I s included i n the Appendix.

13.8
13.8
.17.0

22.5 a
15.6

1*
56
20.4
a

All
homes

100.0

100.0

Table 9—Size of home, 1940
Percent distribution
1-family homes

81.8
10.9
3.6

100.0

Total

Existing
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

Existing
homes

89.4
5.3

Wood
Brick
Stucco
Other

.4

i t

New
homes

Number of rooms
New
homes

100.0

Percent
distribution

100.0

Percent distribution 1- to 4family homes

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

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

'

26 5
,2

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

Mortgages:
Number
Amount ...
Projects:
Number
Dwelling
units

Number

Amount

50
217
171...
259
265

Property improvement
notes

Existing homes

New homes
Number

Total
1935-40

Total

Percent
of total

New
homes

*

4
5
6
7

100.0

rooms or less
rooms
rooms
rooms or more

Existing
homes

31.9
42.9
. . .22 4
2.8
100.0

Total

1.8
10.9
56 4
30.9
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

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

162.655
131.069

308,228

!

Number

1+2,1+88
39.307

-2,050
16,551+

293.721+

11+.50U

!

Metropolitan district

N o t for
sale or
rent
Percent

1930,
estimated
by F H A

39.55^
31.936

2.93^
7.371

7-U
23-1

81.795

71.1+90

1.0
03 5

U.9

1940

Number

Percent
of total

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

56
2

Mortgages
insured under
Section 207
or 210 of
Title I I

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

$125,150
2 07 0
6,0
2 80 0
6 , 0 .
2 39 0
0 , 0
1 83 0
8,0

23
6

1.193.950

Type of institution originating mortgages

"

A l l others

Total

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

Average
FHA
value of
property

.27.k..

..3.1..
1.3
100.0

2.8

.20.0.,
25-7
1+2.9
..8.6..

Percent distribution 1- to 4family homes
New
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

5.296
6,602
...8,329-••
1 , 6 &
01 7
5.^75
6,11+8
6,366

$.0®
38 0
5U
. 2
U

...M86..

6.595
. . . 8 . 7 3 3 R.
5.980
6 +6
, 0
1
5.592

Land as a
percent of
property
value

$300 3
...502..
537
708

8.6s

.1,250.a

i,6oo
52
9
70
5
7 1
5

$+0 a
10

500...
772
985

...1,500

81
6
1,160
852
A glossary o f terms used i s included i n the Appendix.

.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

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

Existing
homes

Number of rooms

97.3
1.8

Total

o.p

1+7.8
19.9

.1+

New
homes

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
of property

All
homes

Wood
Brick
Stucco
Other

U,387.580

Table 6.—Mortgage as a percent of value, 1940

Existing
homes

100.0

$6,+8
8 21 8
8 53 2
2 , 9
702,385
759.206

10,881

1934-40

Percent distribution
1-family homes

100.0




3.69U.950

789

Amount

218
, +
1
2,061
5I+I+...
1.728
1.901

1938
1939

6 60 0
1,0
6+,0
1 02 0

Exterior material

11.8
79.^
8.1+
.1+

Note;

1934-35
1936

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

A l l groups: 1940
1939
1938

128
129
....253....

.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 , 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

$1,+0
2 21 0
6 03 0
0,5

New
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

135

Year

Amount

7.U
22.8

Mortgage companies
Insurance companies

None

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

2
6
61
60....
16
+
38
32....

$87,250
3 96 0
3 . 5
187,100...
11,0
+ 21 0
1+51,900

8
2
91

1935-40

Number

Amount

1+1+.11+8
Ui+,515

91+0
5.928
6.7
8 , 6
86 3
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

ll+.U

Percent

160,605
11+7.623

I n central city
Outside central city

For sale or rent

Increase

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

$ 2+ 0 a
1C
.
31. 08
..35.^9...
38.18
3
7
1M U . 9
..3.6.
0.1+
21.8
•37.3.
19.5

..52.00...

2.7
100.0

57.67

3. O
7U

12. S

18.7
21.9
•.2I.9.

9.*

100.0

$ 31.00

28 ®
.6
.2.38.
.1.71.

.U +
1.
1

2.08
1.88

15.8

1.30

10.7

17.6
17.8

2.11+

a

1 05
+.7
..52.29..1 6 0a
+.
0

8

20.6
20.7
.19.1+
17.1

2.58

2.16

..3U.80*.
U.7
3
6
1 21
+.3
1 78
+.6
1 10
+.0

Gross payment as a
percent
of income

2.16

1+2.1+7
155
+.
2

..15.6.

Ratio of
property
value to
income

17.7

23+ *
.I
•2.12
2.19
1.78

a

.

.1.66...

1.11»

2.®
00

.18.2a
18.9

H.
+6

•ll+.U
•9a

1.77

15.0

1.89

16.3

2U
.
O

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

1930,
estimated
by F H A

1940

144,822

Number

-0.6
11.9

25.395
11.992

23.078
9.551

2.317
2,441

3.0

37.387

32.629

4,758

Percent
of total

573
380

14.6

Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I

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

Number

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

$27,150
40,400

Number

Amount

Mortgages
insured under
Section 207
or 210 of
Title I I

19.300
13,600

3

29

108,050

228

1937.<
1938
1939
1940..

265,900
186,700

983.350

Type of institution originating mortgages

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

F H A valuation
of property

All
homes

6O.5

..7.5
49.7

.39.5.

86
81
76
71
61

to
to
to
to
to

Total

.12.7

30.1

Exterior material

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

.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:




Average
FHA
value of
property

50.0
50.0

-

Average
FHA
value of
land

$3,900
. . . 4 , ;3 9 2 . . .
5.550*
6,812 v

650
714
627

$3,800*

Land as a
percent of
property
value

$400*
...411...
700*

$600*

-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*

100.0

100.0

Total

5.784
5.849
5.782

3.5

-

10.3°

1.®
25

600*

725*

627*

• glossary of teras used I s Included I n the Appendix.

a

-

100.0*

-

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

100.0

Other
100.0

All
homes

Number of rooms
New
homes

Wood
Brick

Existing
homes

100.0

Percent distribution
1-family homes

12.9
80.6
6.5

2,005,074

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

...^44^409

Percent distribution 1- to 4family homes

Amount of mortgage

Total

Table 7—Capacity of garage, 1940

No garage
1-car garage
2-car garage . . . . . . . . . . . .
3-car garage

.1.128.

Table 6.—Mortgage as a percent of value, 1940

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

• 391.450
376.661
...119.514
318,922

49 9
,1

Total

Garage and car capacity

961
925
...257.
781
867

$ 61,250
173.100

49

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

A l l homes

5
3
2

875.300

199

Amount

6
13

$ 34,100
132.700
. . . . . 3 7 . . . . ....159,000*...
246,600
53
173.100
37
27.... ....129,800....

1935-40

Property improvement
notes

Existing homes

Amount

Total

Number

10.0
25.6

4,247

140,575

For sale or rent

Not for
sale or
Percent
rent

-588
4.835

99.314
45.508

Metropolitan district

Percent

Increase

-

New
homes
34.5
20.7
....44.8....

50.0

100.0

4 rooms or less
5 rooms

Existing
homes

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

_

..

__

..

140 district total
a

Occupied dwelling
Occupied dwelling
o Each column total
into adjacent geographic
b




.

_

.. .

...

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

5, 601, 662

744, 771

15.3

62, 965, 773

__

_

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
21,113, 361

.

c

Percentage
increase,
1940 over
1930

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,
estimated
by F H A

1930
Number

Percent

1940

For sale or rent

Increase

N o t for
sale or
Percent
rent

Number

Number

1
288,430
143,145

Metropolitan district

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

I n central city
Outside central city

Total

Percent
of total

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

National banks
State banks

$422,650
1,649,080
...1,103,500
815,500
785.492

1,099

5.913.622

86
335

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

12.7

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

66.7
19.4

784
859
911

Percent distribution
1-family homes

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

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
24.1»
2.767
997
908
1.058

5.6

100.0

Total

Average
FHA
value of
property

100.0

Table 9.—Size of home, 1940

Existing
homes

52.6
3*. 7

Wood
Brick
Stucco
Other

100.0

100.0

Number of rooms
New
homes

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

142
137

$192,150
506.530
337,300•.
103,200
148,232
169,100..
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*.
1.54a
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

Percent

1,647
13.504

2.1
25-3

130,005

15.151

11.7

38.055

|

Number

18,819
12.853

20,548
17.507

145,156

Metropolitan district

76,662
53.343

Not for
sale or
Percent
rent

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
Property improvement
notes

Existing homes

Amount

Number

Amount

A l l homes
Number

Year
Number

Amount

22
107
91....
154
128

1935-40

$ 101,650
36
503.690
121
456,180... . . . . I O 5 . . . .
80
719.097
583.021
55
36....

$148,850
58
473,750
228
4l4,4oo... L . . . . I 9 6 . . .
234
320.390
183
215.700

$ 250,500
977,440

1934-35
1936

1,039,487
798,721

1938
1939

594

1935
1936
193 7
1938
1939

2,785.538

1.714.590

4,500,128

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Mortgages
insured under
Section 207
or 210 of
Title I I

56.O
28.8

_

_

7.1
Total

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

1.0
.26.3.
33-3
3f-3

.61
. . .
1.0

100.0

7-6
30.8

.28.2.
10.3

15.4

..2.6,
5.1

50 or less

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

76.9
5.1
5.1

100.0

Other

100.0




100.0

All
homes

2.0
100.0

Total

1.3
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

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

Existing
homes

Number of rooms

71.7
14.1

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

New
homes

Existing
homes

New
homes
Wood
Brick

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

Exterior material

66.2
17.2
•7

Percent
distribution

to
to
to
to
to

100.0

100.0

$ 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

_
7.2
6.8
1.2

86
81
76
71
61

Table 8—Material of construction, 1940

Table 7.—Capacity of garage, 1940

Total

39.2
37-9

100.0

4,822

Amount of mortgage
as a percent of
F H A valuation
of property

All
homes

62.2
25.4

Total

No garage
1-car garage
2-car g a r a g e . . . . . . . . . . . .
3-car garage

Existing
homes

7.1
7.5
4.4... ....13.3...
2.1
•9

663
685
743...

Amount

Table 6.—Mortgage as a percent of value, 1940

New
homes

National banks
State banks
Savings and loan assns . . . .
Mortgage companies
Insurance companies
Savings banks
A l l others

1,344
1,137

1934-40

Percent distribution of amount of
1- to 4-family home mortgages

Type of institution originating mortgages

Hone

Garage and car capacity

1,027

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

433

Percent
of total

Number

Mortgages on 1- to 4-family homes
Year

Total

1930,
estimated
by F H A

1940

78.309
66.847

I n central city..
Outside central city

For sale or rent

Increase

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

1.®
98
16.1

..14.4 a

18.1

55

HOMES I N METROPOLITAN DISTRICTS

MN METROPOLITANDISTRICT
AE
I

PORTLAND,

Table 1.—Census data on population and number of dwelling units
Number of dwelling units

Population

Vacant, 1940

Occupied

Increase
Area
1940

Percent

653.930
203,789

Metropolitan district

648,536
172,037

5.39*
31.752

0.8
18.5

172,260
52.715

857.719

I n central city
Outside central city

820,573

37.1*6

*-5

224.975

1

Number

157.451
40,291

1940

For sale or rent

N o t for
sale or
Percent
rent

1930,
estimated
by F H A

1930
Number

Increase

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

7.
1U

..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
6.8
3.*78
...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
•3

1.7

•3

100.0

Total

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

4.U
39
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

1930, a
estimated
by F H A

1930*
Number

Percent

1940

Increase

For sale or rent

Not for
sale or
Percent
rent

Number

8.435,496
3,255,024

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

I n central city
Outside central city
Metropolitan district

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

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

Average
FHA
value of
property

Average
FHA
value of
land

8.0
100.0

Land as a
percent of
property
value

0.2
2.6

$2,831

$346
432
...587..
758
1.057

12.2
12.1

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..

.13.0
14.0
16.1

.17.8

2.358

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

10 0
,0
3.006
1.296
1.405
1,566

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 .




51.6
20.1

21.2

Percent
distribution

.13-9.
29.9
46.8
..5.1.
1.5

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

Total

100.0

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

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

4.0
35

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

5.2
27

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

1.
18

15.2
15.7

15.1

*l«tiaat«d for MJ0

57

HOMES IN METROPOLITAN DISTRICTS

AB N - C E E T D -R Y
L A Y H N CA Y O
S
T

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,
estimated
by F H A

Percent

1940

324.975
86,995

Metropolitan district

328,132
70,459

-3.157
16.536

-1.0
23.5

90,032
23.867

411,970

I n central city
Outside central city

398.591

13.379

3.4

113.899

!

Number

82,033
18,168

1930
Number

For sale or rent

Increase

Not for
sale or
Percent rent

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

$ 217,600
1,078,342
1,127,240...
1,599,000
2.144.699

43
122
q6....

8,818,081

326
447

1938
1939
1940.

Number

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

11.430

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

72.4
6.9

100.0

12.1

3.0
.25.5.
40.0
27.1
..3.3.
1.1

$ 3.721
...4,560.,
5.496
6,447
...7,637..
13.409

5,616
5.568

5.801

100.0

$ 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*

All
homes

.2
Total

100.0

.1

-

100.0

100.0

Table 9—Size of home, 1940
Percent distribution
1-family homes
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.




Existing
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

Existing
homes

100.0

Total

Average
FHA
value of
property

12.1
27.6

New
homes

Number of rooms

Other

.2

.25.9.
10.3
17.2
..5.2.
1.7

Percent distribution 1- to 4family homes

50 or less

_Q_ "I

100.0

M43.655

Table 6.—Mortgage as a percent of value, 1940

71.2
7.3

Wood
Brick

$ 593.163
559.663
...159.320
877.161
856.197
.1,096,151

1.568

194a.

100.0

New
homes

5.4
85.I

100.0

...398.
2.272
2,390
.3,144.

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

16 8
.5

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

Percent

209.326
*7.375

-3.359
5,010

-1.6
10.6

256.701

1.651

.6

70.339

i

Number

53.034
11.255

57.009
13.330

258,352

Metropolitan district

1930,a
estimated
by FHA

1940

205.967
52.385

I n central city
Outside central city

Increase

2.075

64,289

6,050

For sale or rent

Not for
sale or
Percent rent

9.*

2.458
350

4.1
2-5

59.604
13.738

195

I K

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

1,308,700

236

385.500

75

Mortgages
T

^ Z t ^ ?
or 210 of
Title I I

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

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

1934—40

2.9

100.0

7-2
..7.221.4
1^-3
.28.5.
21.4

5.3
100.0 b

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

50 or less

100.0

-

Total

100.0

100.0 b

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes
Number of rooms

Existing
homes
71.4
14.3

10.1
Total

.10.2.,

17.0
6.4
2.4
3.7
34.3

1H.3

100.0

Other

1.4
.13.1..
24.6
47.8

All
homes

34.2
24.45-r...
2.9
25.2
8.0...

$ 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

82.6
7.3

Wood
Brick

7^5

.17.6

Percent
distribution

Existing
homes

Amount

1.667
1,411

1938
1939
194 0

1,694,200

3U

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 4,999...,
5,000 to 5,999
6,000 to 7,999
8,000 to 9,999 . . . ,
10,000 or more

1934-35
1936

Exterior material

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

$57,400
224,000
165,100
341.950
430,000
475,750

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

F H A valuation of property

Number

Table 8—Material of construction, 1940

Table 7—Capacity of garage, 1940

No garage
1-car garage
2-car garage - •«
3-car garage

'

Year

Amount

Percent distribution of amount of
1- to 4-family home mortgages

12.9

Total

Garage and car capacity

Number

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

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 . . . .

46
69
1935-40

Number

All homes

$23,900
118,350

4
21

1938
1939

Property improvement
notes

Existing homes

Amount

Number

Total

Percent
of total

137
58

3.975

Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I

Number

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

1930,a
estimated
by F H A

1930 a

1940

Percent

65*

1940

13*.732
62,396

497

0.5
.8

3*.758
16,10*

195.977

1,151

.6

50,862

46,932

Number

31.592
15,3*0

197,128

Metropolitan district

13*.078
61.899

For sale or rent

Increase

N o t for
sale or
Percent
rent

3.166
764

1

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

Table 7.—Capacity of garage, 1940

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

307

1,314,540

1934-35
1936
193 7
1938
1939
1940....

Existing
homes
40.2

22.4

42.2
27*6
...23.8.... ...29.9.... ....25.9

5.1

..9.1...
9.1

100.0 15

7.2
35.7
..35.7..

New
homes

Average
FHA
value of
property

. $ 4 , 4 0 0 C,
5.255

• $ *33 •

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.
c

"i*.2**

ii,ooo

c

100.0*

5,100

85.7

27.3

Average
FHA
value of
land

..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

810

18.6

1*.3

100. o b

Land as a
percent of
property
value

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

Existing
homes

4.5....

Total

7,800

7.2

Percent distribution 1- to 4family homes

Number of rooms

59.1
9.1

Wood
Brick
Stucco
Other

2,187.5*6

40.9
27.3
...18.2
9.1
*.5

Total

100.0

New
homes

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*

$*3S.3S 7
396,987
...105,23*
350,5*7
Uoo.597
..0195.79*

5,160

All
homes

100.0

1,05*
877
,...183..
83*
9*2
..1,270.

Table 6.—Mortgage as a percent of value, 1940

New
homes

4,360

A l l groups: 1940
1939

$ 129,850
506,690
158,400
208,100
178,300

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 , 9 9 9 . . . .
5,000 to 5,999
6,000 to 7,999
8,000 to 9 , 9 9 9 . . . .
10,000 or more

31
120
*3• • • •
48
3* * • • •
31

Table 8.—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

F H A valuation of property

Number

Amount

...21.1.... ...29.9.... ....24.1

Total

Total

Number

12.9

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

$ 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

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

1930,
estimated
by F H A

1930
Number

Percent

1940

64,094
36,002

Metropolitan district

66,198
35.826

-2,104
176

-3.2
•5

102,024

-1,928

-1.9

Number

For sale or rent

N o t for
sale or
Percent
rent

Number

28,195

5.6
6.4

442
1,404

3.911
7,300

17.7
38.2

22,148
19,104

26,623

j

944
628
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

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
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

All
homes

-....

100.0

Total

100.0

100.0

Table 9.—Size of home, 1940
Percent distribution
l - f a m i l y homes
New
homes

100.0

Average
FHA
value of
property

Existing
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

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

UO
O
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

16,851
9.772

17.795
10.400

100,096

I n central city....
Outside central city....

Increase

4
5
6
7

23.5
20.6
....41.2...
14.7

Total

20.0
37-1
42.9

100 .p

rooms or less
rooms
rooms
rooms or more

Existing
homes

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...
32.00*
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

Percent

1940

124,697
75.^31

Metropolitan district

123.356
66,863

1,341
8,568

1.1
12.8

190, a 9

9,909

5.2

For sale or rent

N o t for
sale or
Percent
rent

Number

Number

49,124

27,130
16.301

2.465
3.228

9.1
19.8

4l
101

659
407

2.2
2.0

30,295
20,037

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

Mortgages
insured under
Section 207
or 210 of
Title I I

Mortgages:
Number
Amount
Projects:
Number ...
Dwelling
units

Amount
$ 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

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
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
•13.0a
a

12.1

l4.o
.13.7^
15.7 a
13.7
18.0

18.0

100.0

100.0

Percent distribution
1-family homes

Existing
homes

*5.7
4.1

56.3
12.5
15.6
15.6

50.2
100.0

Total

All
homes

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

Wood
Brick
Stucco • . . • • • . • • • • • • « • • ,
Other

Existing
homes

Table 9—Size of home, 1940

Table 8—Material of construction, 1940

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
....1.9.... ...12.5....
3.0
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

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

Number

$ 170,400
50
330.054
115
a 2 , 4 0 0 . . . ••••90
245,100
136
153.300
164
...287

...•29

514

Amount

Number

Amount

9
25
....29
70
123

A l l homes

Existing homes

New homes

Total

Percent
of total

5.693

29.595
19,529

200,128

I n central city
Outside central city

1930,
estimated
by F H A

1930

Increase

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

139
*.3

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

188,983
136,159

Metropolitan district

1&.923
137.2*9

*,o6o
-1,090

325.1*2

I n central city
Outside central city

322,172

Percent

2,970

1930,
estimated
by F H A

1940

2.2
.8
.9

Number

For sale or rent

N o t for
sale or
rent
Percent

Number

83.6*8

|

*.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

%
82

744

2,571.980

Type of institution originating mortgages

53

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:

Number

1934-35
1936
193 7
1938
1939

$ 368.750
1,112,440
669.850
813.100
4*5.200
* . 165,7*0

1.055

5.*

.6

3.7

100.0

.8
100.0

2*.4
26.8
,.22.0.

12.2

..1:1
2.4

%

Average
FHA
value 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

$ 2.814
3 MS
...4,453.,
5.37*
6.433
...8,333*
a

10,000
5.060
5.238
7.*5i

$2,405
3»*20
..X356..
5.360
6.467
...9»075 a .

10,250

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

12.2
71.9
*.9

100.0

Land as a
percent of
property
value

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

Existing
homes

20.2

Average
FHA
value of
land

2.213,035

Number of rooms

&
Total

291.20*
*15.03«

*,6a

Amount of mortgage
as a percent of
F H A valuation
of property

100.0

Wood
Brick
Stucco
Other

100.0

17.7
..2.5.

.9
.7

New
homes

2.0

.16.8.

All
homes

56.0

2.7

$3*9.897

Table 6.—Mortgage as a percent of value, 1940

Exterior material

36.0
52.7
9.3

5-9
16.0

36.7
59.1

810

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

Percent
distribution

Existing
homes

Amount

g

1934-40

Table 8.—Material of construction, 1940

4,280
763
5.107
_ l J l _
5.350
A glossary of terms used i s included i n the Appendix.




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

Amount

100.0

Total

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

470, * ) 0
198,400

A l l homes

Table 5.—Type of originating mortgagee, 1940

1
$230,000 -

No garage
1-car garage
2-car g a r a g e . . . . . • • • • . • •
3-car garage

$ 317.200
819.330

129
51

1.593.760

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

*5.291
31.793

*?.6O9
3*.039

!

Increase

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,
estimated
by FHA

1930
Number

Percent

1940

For sale or rent

Increase
Number

Not for
sale or
Percent rent

Percent
of total

80,214
33.880

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

I n central city..
Outside central city
Metropolitan district

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

Number

Amount

3
9
....35....

1938
1939
1935-40

14,900
51.300

2
7
....27
24
14

51

243,900

92

|

Mortgages
insured under
Section 207
or 210 of
Title I I

Existing
homes
65.5
34.5

46.7
53.3

Wood
Brick

82.4
8.8

29.1
62.5

Other

Average
FHA
value of
property

. 4 4 . 1 . . . $4,423...
5,340
29.4
6.050
23.5
..8,000®..
..3.0,

8.8

4.2

Average
FHA
value of
land

. $ 397...
555
663 v
.1,100*..

5.181
6,770
4,200*

.50.0...
12.5
16.7

526
825
350*

$ 2,500*
3.433
..4,317.
5.333>
6,700 b

$ 475 b
717 b
....596 .
7i7 b
925*

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.




New
homes

100.0

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

Existing
homes

All
homes

-

Total

100.0

100.0 a

100.0

Table 9—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

Total

565.258

Number of rooms
New
homes

100.0

8.3
12.5

-

100.0

Exterior material

52.5
32.2
11 fi
1.7

1

Percent distribution 1- to 4family homes

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

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

-

100.0 a

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

Table 8—Material of construction, 1940

Table 7—Capacity of garage, 1940

Percent
distribution

Amount of mortgage
as a percent of
FHA valuation
of property

All
homes

-

1,586

$ 44,371
93.000

Table 6.—Mortgage as a percent of value, 1940

New
homes

100.0

Amount

158
256
70...„
101
382

1934-40

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

1934-35
1936
193 7
1938
1939

549,400

143

-

All others

FHA valuation of property

Number

$5,450
16,650
99.400
90,300
113,900

37.0
63.0

Mortgage companies
Insurance companies

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

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Property improvement

Existing homes

1935
1936

Total
1935-40

Total

Number

100.0 a

New
homes
14.7
32.4

4 rooms or less
5 rooms
7 rooms or more

Existing
homes

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

Percent

Increase

1930,
estimated
by F H A

1940

Number

For sale or rent

N o t for
sale or
Percent
rent

Number

116,955
17,084

Metropolitan district..

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

I n central city.—
Outside central city

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

Number

408,200
250,600

National banks
State banks
Savings and loan assns.
Mortgage companies
Insurance companies
Savings banks
A l l others

$ 800,000
1
202

3,294,050

1934-35
1936
1937
1938
1939

100.0

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°

54.3
43.5

8.5

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

Existing
homes

All
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

fci

100.0

Total

100.0

100.0

Table 9—Size of home, 1940
Percent distribution
l - f a m i l y homes
New
homes
4
5
6
7

100.0

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.




New
homes

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

1.1

100.0

Total

$ 3.625
.37.9.
...4,422..
28.7
5.284
20.9
6,452
..4,7.. ...8,750..
1.6
10,000*

2.2

Percent distribution 1- to 4family homes

Existing
homes

80.6
10.9

Wood
Brick
Stucco
Other

6.2

5.4
33-7
.21.7.
17.4

1.039.334

Number of rooms

Table 10.—Averages by property value groups for l-family homes, 1940

100.0

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

Percent
distribution

2.870

Amount of mortgage
as a percent of
F H A valuation
of property

All
homes

.8

-

436
571
.....819...

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

1*2

Amount

$124,917
195.968
42,703
158,057
219,540
298,149

1934-40

Exterior material

24.4
48.9
24.9
1.8

Total

Existing
homes

New
homes

407

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

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

$103,900
317.550
738,600
653.900
634,600

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

Number

Percent distribution of amount of
1- to 4-family home mortgages

100.0

Total

F H A valuation of property

26
89
....266....
180
155

year

Amount

924

$ 94,500
260,150

1.955.950

Type of institution originating mortgages

1

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
of 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

Percent

3.554
8,141

4.4
10.0

23.769
22,642

173.367

Metropolitan district

80,339
81.333
161,672

11.695

7.2

46,411

|

N o t for
sale or
rent
Percent

Number

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

1935-40

1.797.'•00

348

Table 4.—Rental projects

Total
1935-40

22
76
....65
75
126
...145

Type of institution originating mortgages

509

2,381,690

New
homes

Mortgage companies
Insurance companies

3.6

A l l others

-

100.0

Total

Table 7.—Capacity of garage, 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 , 9 9 9 . . . ,
10,000 or more
A l l groups: 1940
1939
1938

3-3
1.2

71 to 75
61 to 70
51 to 60
50 or less

.8

100.0

13.8
20.7
.24.1.,
20.7

13.8

..6.9.,

-

100.0

New
homes

1

Other

Average
FHA
value of
property

$ >1,568...
5,427
6.603
. . 8 , 8 5 0a .
*

10,000
5.844
5,881
6,365

Land as a
percent of
property
value

.11.4

. $ 523...
684
841
.1,500*..
3.250*
754
738
769

$ 2,450a
3.533
..4,314..,
5.158
6,325*
..9.025*.

4,672
5.488
6,469

31.0
48.3

3.1

Average
FHA
value of
land

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

16.8
18.9
a

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

Existing
homes

10.3

100.0

Total

Existing
homes

Number of rooms

20.2
76.7

Wood
Brick

N o t e : A glossary o f t e r s e used i s Included i n the Appendix.




1.7
3.2

New
homes

100.0

..8.5..
53-5
36.4
. . .8..

pr0perty

86 to 90
81 to 85

100.0

1,171,103

Percent distribution 1- to 4family homes

Percent distribution
1-family homes

22.2
71.0
6,2
.6

Percent
distribution

of

homes

Exterior material

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

N o garage
1-car garage
2-car g a r a g e . . • • • • * . . « • •
3-car garage

2,650

Table 6.—Mortgage as a percent of value, 1940

1
117

$ 212,020
188,764
32.779
176.558
197.225

1934-40

30.5
65.O

as

32.1
63.5

National banks
State banks

Existing
homes

Amount

530
431
77...^
366
472
....774....

1934-35
1936
1937
1938
1939

380,400
620,400

Percent distribution of amount of
1- to 4-family home mortgages

1
$550,000

Garage and car capacity

Number

$ 95.450
291,640

584,290

161

Year

Amount

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

Number

O r-t

Mortgages:
Number...
Amount
Projects:
Number
Dwelling
units

A l l homes

$ 76,100
173.390
72,000
95.700
55,100

$ 19,350
19
3
118,250
21
55
. . . . 4 4 . . . . . . . . . 239,300..., . . . . 2 1
284,700
22
53
565,300
113
13
...•31

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

21,620
19.500

1940

83.893
89,474

I n central city
Outside central city.

For sale or rent

1930,
estimated
by F H A

1930
Number

Increase

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
...18.8
...34.13... J...2.12
...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

Number

Percent

Increase

For sale or rent

1930,
estimated
by F H A

1930
1940

Number

Percent

Not for
sale or
rent

Number

66,668
85.113

Metropolitan district

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

I n central city..
Outside central city

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

1935
1936
1937.
1938
1939
1940.

418,600
.638,200.

.39.
290

II

Type of institution originating mortgages

National banks
State banks
Savings and loan assns . • . . ,
Mortgage companies
Insurance companies
Savings b a n k s . . . . . . . . . . . . .
A l l others

None

Total

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

Existing
homes

51.8
20.7

83.2
10.8
,....4.3...
1.7

57.5
I8.9
g

2.0
.8
24.7

82.5
13.9
3.6
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




10.3

Total

100.0

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.,

$ 400 a
342
...419..
513
73*
.l,400a.
l.867a
603
777
450

a

$ 363 a
583
...638..
900
1,069
.1.250*

100.0

Percent distribution
1-family homes

59.0
25.6
2.6
12.8

New
homes

100.0

L

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

100.0

Table 9.—Size of home, 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:

100.0

$ 2,800®
3.567
...4,427.
5,3*1
6,361
...8,440s
i*.333a

Average
FHA
value of
land

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

Existing
homes

100.0

Wood
Brick

Average
FHA
value of
property

Existing
homes

Number of rooms

Other

27.0

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

New
homes

100.0

29.9
..3.7.
2.2

F H A valuation
of property

Exterior material

30.7
57.6

0.7
4.4
.32.1.

2$.l

100.0

Percent distribution 1- to 4family homes

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

Percent
distribution

2.0
•7

-

100.0

718,265

1,923

Amount of mortgage

All
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

1934-40

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

2,630.860

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

Table 5.—Type of originating mortgagee, 1940

Mortgages
insured under
Section 207
or 210 of
Title I I

Total

$ 41,600
127,060
..283,700
620,700
782,800
..775.000

605

1,093,860

321,100

Number

Amount

13
l
176
.174.

$ 35.600
90,260
..167,400..
299,600
364,200
..136,800.

Table 4.—Rental projects

N o garage
1-car garage
2-car garage
3-car garage

10
32
..80..

9
23
.50.,

1.537.000

Garage and car capacity

Number

$ 6,000
36.800
.116,300.,

9
..30.,
6o
80
.135.

Mortgages:
Number
Amount
Projects:
Number...
Dwelling
units

Year

Amount

Amount

Total
1935-40

Total

Percent
of 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

61,3^5
70,682

1,396
7.*+75

132,027

Metropolitan district

59.9^9
63,207
123.156

8,871

Percent

1930,
estimated
by F H A

1940

2.3
11.8
7.2

N o t for
sale or
Percent
rent

Number

35,3^1

10.1
.19-0

21
192

359
337

2.1
1.8

17.338
18,912

30,853

i

1,551
2.937
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

70

Amount

5
15
5
7
7

351,500

L.....8....

1935-40

Number

$ 4,300
26,200
51,800...,
149,700
80,500
39,000...

1
4
8
32
17

1935
1936
193 7
1938
1939
194 0

42

Table 4.—Rental projects

$ 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

66.9
18.9

86 to 90
81 to 85

63.8

14.2

100.0a

100.0&

-

Note:




Percent distribution 1- to 4family homes

of

New
homes

Existing
homes

55.6
22.2
. . 22 2 .

Pr°Perty

100 0

41.7
16.6
4l 7

100.0a

100.0a

50 or less

-

-

100.0a

Total

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

Percent
distribution

Average
FHA
value of
land

22.2
...11.1..

$ 3,800b
...4,500b,.

$ 4o0 b

6.617

979

10.5*
14.8

-

5.756
5.886
5.700

797
.878
743

33.4
33.3

$ 2,350 13
3»500 b

$ 350 b
600*

-

13.8
14.9
13.0
14.9*
17.1*

-

3,000

100.0

a

b

29.6*

100.0a

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

Average
gross
monthly
payment

Percent
distribution

5,000 or more

Gross payment as a
percent
of income

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

11.1
100.0a

2,999
3,999

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
2,500 to
3,000 to

-

10,125*

7 rooms or more

5,000 or more

-

100.0a

-

a

4 rooms or less
5 rooms

33-3

100.0

Land as a
percent of
property
value

New
homes

33^

-

Total

All
homes

Number of rooms

100.0

Average
FHA
value of
property

322,650

731

71 to 75
61 to 70

Other

33-3

yi

36.2

Wood
Brick

66? 7

Amount of mortgage
as a percent of
F H A valuation

homes

New
homes

a

$ 57.067
74.193
14,798
^3.73^
57.365

Table 6.—Mortgage as a percent of value, 1940

Exterior material

41.7
50.0
8.3
100.0

|

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

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

491,500

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

112

-

Table 7.—Capacity of garage, 1940

F H A valuation of property

g

$ 24,400
74,500
66,200
170,700
104,000

Existing
homes

100.0 a

Total

Total

6
19 •
.13

Number

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

15.407
15,446

16.958
18,383

i

For sale or rent

Increase

2.19
2.29
2.53

17.3
18.1
19.6

1.77*

l6?7

$ 23.00b

ee.i
-

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

Increase

a

Number

Percent

For sale or rent

Number

Percent

Not for
sale or
rent

Number

Percent
of total

1.931.334
967.310

Metropolitan district

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

I n central city
Outside central city

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

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.
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

100.0

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

Existing
homes

33.2

15.1
57.6
....I3.3
14.0

100.0

Total

100.0

IVs

.2

13.1
24.4
6.8
48.0
2.5
4.7
.5

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

1940

100.0

3.9
62.7

New
homes
4.1
10.3
....77.8....
7.8

7 rooms or more
Total

0.9
7.5
58.7
32.9

100.0

4 rooms or less
5 rooms

Existing
homes

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

Vacant, 1940

Occupied

Number

Percent

1930,
estimated
by FHA

1940

For sale or rent

Increase

a

a

Number

Number

Percent
of total

671.659
1,322,401

Metropolitan district..

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

I n central city
Outside central city

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
6,089

34,114,634

1935-40

3,881

17,414,900

Mortgages
insured under
Section 207
or 210 of
Title I I

nating mortgages

9,970

New
homes

Existing
homes

$ 2.020,377
2,192,814
458,516
1.163,473
1.896.551
....3.757.633
11.489.364

30.395

Amount of mortgage
as a percent of
FHA valuation
of property

26.5
4o.4

19.7
33.4

39.2
6.9

24.9
6.5

36.6
6.S

2.2

.2

1.8

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

100.0

Percent distribution 1- to 4family homes
New
homes

Existing
homes

Total

Percent distribution
1-family homes

Other

100.0

1.4
.11.1.

20.6
44.6

.15.8.
6.5
100.0

7.3

2.0
7.7
•19.3.

22.0
27.1
.10.6.
H.3

Average
FHA
value of
property

FHA
value of
land

$ 3.614
...4,473..
5.391
6,690
...8,640.,
ll.7a

Land as a
percent of
property
value

$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.

26.8
62.1

10.7
. 14
1.
10.9
11.9

.13.6
15.8

20.3

20.9

1.302
1,443
Appendix.

22.5

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

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

100.0

100.0

Table 11.—Averages by borrower income groups for 1-family homes, 1940

All groups: 1940
1939
1938
Based on the metropolitan district 1

19.8
.21.4

1.312

Total

100.0

22.8
17.1
.16.2
16.5

$532
608
...700.,
881
1.328
.1.839..
3.285

100.0

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

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

New
homes

7.8

100.0

Total

100.0

Percent distribution
1-family homes

Existing
homes

a.9
70.5

Wood
Brick

100.0

Number of rooms
New
homes

19.7
71.8
8.0
•5

Percent
distribution

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

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

1934-40

All
homes

18.1
31.8

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

6,101
6.596
...1,100...
3.076
4,704

1934-35
1936
193 7
1938
1939

Table 6—Mortgage as a percent of value, 1940

Mortgage companies
Insurance companies
Savings banks
All others

1

Amount

Number

51.529,53*

National banks
State banks
1
$ 1.050,000

Garage and car capacity

Year

Amount

Percent distribution of amourit of
1- to 4-family home mortgages

Total




Number

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Mortgages:
Number
Amount
Projects:
Number.
Dwelling
units

Amount

All homes

$ 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

5,468,500
8,808,700
...12,502,200..

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

Percent

110,568
64,787

Metropolitan district

111,171
59.315

-603
5,*72

-0.5
9.2

170,486

4.869

1 2.9

For sale or rent

46,758

|

Percent

Not for
sale or
rent

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

244

Mortgages
insured under
Section 207
or 210 of
Title I I

743.700

New
homes

All
homes
2.7
66.3

9.0
80.3

Mortgage companies
Insurance companies

25.2

10.7

A l l others

14.4
100.0a

90
85
80
75
70

50 or less

F H A valuation of property

>7

Wood
Brick
Stucco
Other

10.5
68.4
15.8
5.3

100.0

Percent
distribution

Average
FHA
value of
property

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

100.0*

100.0a

21.9*
12.8®
.14.0
18.5?
12.5®
.25-5b

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

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

100.0a

Land as a
percent of
property
value

$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...

6.0

5-2

6.5
100.0

Total

Existing
homes

61.3
....12.9....
16.1
Total

100.0

All
homes

Number of rooms
New
homes

22.0
70.0
g.O

A l l groups: 1940

100.0

Exterior material

Table 10.—Averages by property value groups for 1-family homes, 1940

A l l groups: 1940
1939
1938

20.9
10.1

100.0

Existing
homes

Percent distribution
1-family homes

3-car garage

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

to
to
to
to
to

New
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

Total

'

1.005,159

Percent distribution 1- to 4family homes

Amount of mortgage
as a percent of
F H A valuation
of property

48
:,«

$ 199.642
2U5.818
....56.798
121.479
162,114
•••219.308

1.9*8

1

N o 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

424
462
..96..
202
320
.444..

1934-35
1936
193 7
1938
1939
194 0

Table 6.—Mortgage as a percent of value, 1940

Existing
homes

60T4

Table 7—Capacity of garage, 1940




1,318,600

National banks
State banks

•

Vote:

33
113
53««••
67
53

Percent distribution of amount of
1- to 4-family home mortgages

Type of institution originating mortgages

1
$ 179,000

Garage and car capacity

Amount
$ 121,900
372,600
174,400
243,800
228,900

359

$ 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

Number

27.659
14.504

29,802
16.956

175.355

I n central city.
Outside central city

Increase

1930,
estimated
by F H A

1940

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

Metropolitan district

1930,
estimated
by F H A

1940

629.581

1

For sale or rent

Number

Not for
sale or
rent
Percent

230,059
422,253

226,640
402.941

I n central city..
Outside central city

Percent

Increase

-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

I.169
1.332

57.218
93.986

2.501

1

2.0
1.4
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

128

|

Mortgages:
Number
Amount..
Projects:
Number__
Dwelling
units

96,400
145,700

lis
r
|

502

Mortgages
insured under
Section 207
or 210 of
Title I I

Type of institution originating mortgages

Mortgage companies
Insurance companies
Savings banks
A l l others

Hone

Total

New
homes

Existing
homes

All
homes

80.7
19.3

86.3
11.9

-

100.0

Wood
Brick
Stucco
Other

Jl'.f

.8.6.
3-5

100.0

Total

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®

6,283
6,245
5.737a
12.2
19.5
.29.3.
19.5
17.1
..2.4.

86
81
76
71
61
51
50

$ 2,420®
3.406
...4,263..
...8,44o®.

$ 510®
613
...935...
1,088
1.357
.1,900®..

property




60.3
12.1
19.0...
3."
5.2
-

Total

100.0

All
homes

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®

Existing
homes

New
homes

to 90
to 85
to 80
to 75
to 70
to 60
or less

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

Percent distribution 1- to 4family homes

Number of rooms

79-3
8.6
1.7....
10.4

Table 10.—Averages by property value groups for 1-family homes, 1940

1.7
.3.4.

Amount of mortgage
as a percent of
F H A valuation
of property

100.0

New
homes

100.0

Percent
distribution

1.8

100.0

1 3,992,271

Table 6.—Mortgage as a percent of value, 1940

Percent distribution of amount of
1- to 4-family home mortgages

-

8.946

1934-40

Exterior material

38.1
4i.9
17.1
2.9

Note:

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

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

!

1934-35
1936
193 7
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 9,999 .
10,000 or more

'
630

2?6

Total

F H A valuation of property

74
|

Number

$ 286,500
875.580
419,700
186,000
303,400

67
228
...116....

89.2
8.2

National banks
State banks

Garage and car capacity

1,772.580

Year

Amount

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

Number

$ 261,400
734,480

39

698,200

A l l homes

Amount

63
205

$ 23.100
141,100
25,200...
89,600
157.700

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

Percent

55.25»»
31.941

1.458
3.974

2.6
12.4

87.195

5.432

6.2

25.605

S

Number

14.460
8,054

15.840
9.765

92.627

Metropolitan district

1930,
estimated
by F H A

1940

56.712
35.915

I n central city
Outside central city

Increase

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

12
9
1935-40

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

11
33
.13
8
5

.

208.800

Amount

72

209.250

New
homes

National banks
State banks

40.3
46.6

Mortgage companies
Insurance companies

13.1

A l l others

Existing
homes

51.9
38.5
9.6

-

-

-

100.0*

Average
FHA
value of
property

Average
FHA
value of
land

Land as a
percent of
property
value

999,

5.483
c
c
$3,000*
....4,800*
5.500

14.0*
10.6*
11.8*
14.9 b
21.1*
17.1*
13.9
c
c

763
c
c
$ 850*
...1,000*...
1.750

28.3*
20.8*
31.8

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

25.0
50.0
25.0

100.0*

Total

,

000

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

Existing
homes

26.7

$ ,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

25.0

New
homes

Number of rooms

46.6
26.7

Wood
Brick
Stucco
Other

Table 10.—Averages by property value groups for l-family homes, 1940

100.0*

F H A valuation
of property

100.0*

New
homes

100.0a

Percent
distribution

Percent distribution 1- to 4family homes

Amount of mortgage

Exterior material

JL.6
52.6
10.5
5.3

329.712

977

Percent distribution
l - f a m i l y homes

Percent distribution all 1- to
4-family
homes

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

1934r-40

Table 8.—Material of construction, 1940

Table 7—Capacity of garage, 1940

Total

1934-35
1936
1937
1938
1939

418.050

-

Total




116

100.0a

42

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

Number

60.800
44,550

44

1938
1939

Property improvement
notes

Existing homes

Number

Total

Percent
of total

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
13.5

Percent of U n i t e d States
Total
Nonfarm
_ _ . . . .
Metropolitan districts
Population density per square mile

United
States

17,823,151
11,846, 350
5, 257, 241
66.4

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

Percent

1930,
estimated
by F H A

1940

Number

For sale or rent

Not for
sale or
rent
Percent

Number

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

Amount

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

1935-40

4,133,600

1,421,650

Table 4—Rental projects

Total
1935-40

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units..—

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

5.555.250

20.0
73.1
6.9

Wood
Brick
Stucco
Other

100.0

Percent
distribution

Average
FHA
value of
property

$3.^5
.24.7.. ...4,524..
3*.i
5.385
6,328
24.3
..3.9.. ...8,685..
1.2
11.833*

2.9
.32*.L

26.5

17.6

..5.9.

8.8

3.5
41.1

1,482
1.365
816
1,044

37-2

8.3
25.2
.....1.7
40.3
23.9

100.0

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

.4

$*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

2,940,777

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

Existing
homes
17.7
52.9
29.4

100.0

Land as a
percent of
property
value

$ 596.932
616,311
197,202
421,826
53*.*25

6.226

1934-40

All
homes

39.6

Average
FHA
value of
land

Amount

Table 6.—Mortgage as a percent of value, 1940

16.5
4 3 .g . . .
I

Total

11.8

100.0

Existing
homes

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.




1.150

1934-35
1936
1937
1938
1939

$ 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

r-l CO

112,504
76,470

Metropolitan district

Total

Percent
of total
S3

I n central city
Outside central city

Increase

a

a

100.0

New
homes
4
5
6
7

rooms or less
rooms
rooms
rooms or more

5.1
32.6

Existing
homes

11.8

8.6

29.4

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 , 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
,.16.9b
*
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

Vacant, 1940

Occupied

a

Number

Percent

1930,
estimated
by FHA

1940

For sale or rent

Increase

a

Number

Not for
sale or
Percent rent

Number

859.100
187.592

Metropolitan district.

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

I n central city
Outside central city

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

f3!
43*..
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

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

Number

$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

100.0

18.8
.21.4.
17.9
23.2
..8.0.
10.7

86 to 90
81 to 85
76 to 8U
71 to 75
61 to 70
51 to 60
50 or less

Percent distribution 1- to 4family homes
New
homes

85.2
6.6
2.9... ....72.1...
11.6
1.7
8.5
L....U..
5.*...
2.*
.3
Total

100.0

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*

39.3
33.9

32.3

Average
FHA
value of
property

...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

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

Existing
homes

7.2

100.0

Total

Existing
homes

Number of rooms

63.3

Other

32.7
25.9
..3.5.
.7

Amount of mortgage
as a percent of
FHA valuation
of property

100.0

New
homes

.2

14,067,636

1934-40

Exterior material

100.0

.28.8.

b

.3

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

$ 2.390,736
2.905.57*
672,349
2.047,256
2,508,689

3*.1*9

1938
1939

Percent distribution
1-family homes

50.5
45.6

Percent
distribution

Existing
homes

5.830
' 7.116
...1,650..,
5.020
6.457

1934-35
1936

Table 6.—Mortgage as a percent of value, 1940

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

Amount

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

100.0

New
homes
10.0
13.9

4 rooms or less
5 rooms
7 rooms or more

Existing
homes
0.9
9.8

3.1

35.7

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

$ 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

Percent

66^,091
244,725

Metropolitan district

486,869
137.341

176.222
107.384

36.2
78.2

For sale or rent

624, a o

283.606 | 45.4

N o t for
sale or
rent

Number

125.554
33.894

237.879

Percent

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
.9
Total

100.0

.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
1.255..„
708.039
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

Number

173.709
64,170

907,816

I n central city
Outside central city

Increase

1930, a
estimated
by F H A

1940

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

Percent

1930, •
estimated
by F H A

1940

Increase

For sale or rent

Percent

Number

N o t for
sale or
rent

Number

232,144
98.252

Metropolitan district

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

I n central city
Outside central city

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

A l l homes

Amount
1935
1936
1937.
1938
1939
1940.

$ 632.150
1,000,538
...295.900..
285.770
157.850

747

2,61*3,108

1.595

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
$ 1,519,000
4
435

New
homes
22.7
7.0
.11.5..

26.8
6.8

25.2

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
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

$ 630,006
832.255
197,807
526.513
531.471
869,820

8,175

3.587.872

1934^0

Table 6.—Mortgage as a percent of value, 1940*

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

to
to
to
to
to

90
85
80
75
70

8.9

23.9

Percent distribution 1- to 4family homes
New
homes

50 or less

1.9
100.0

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®

•3

100.0

100.0

Table 9.—Size of home, 1940*
Percent distribution
1-family homes

72.8
12.5

Existing
homes

14.7

73-1
23.1
1.9
1.9

100.0

Total

All
homes

Number of rooms
New
homes

Wood
Brick
Stucco . . . . . . . . . . . . . . . .
Other

Existing
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

Total

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....

1938
1939
194 0

Exterior material

100.0

100.0

1.572
2,202

Percent distribution
1-family homes

31.3
61.2
7.5

Percent
distribution

Amount

1934-35
1936

9,280,628

2.342

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

$ 757.450
1.455.978
...610,750
1,561,650
1,551,600
•3.343.200

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

...270,900.

Year

Amount

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Garage and car capacity

208
U08
..154..
366
370
. .836.

177
301
..82.,
76
41
..70.

6.637.520

3
f§
.766.

Mortgages:
Number
Amount
Projects:
Number.
Dwelling
units

Number

$ 125.300
U55.U140
...314.850.
1,275,880
1.393.750
.3,072.300.

31
107
..72..
290

Total
1935-40

Total

Percent
of total

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
100.0
14.6
5.109
727
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

Percent

193.042
52.632

Metropolitan district

182,929
37.58*

10.113
15.0*8

5.5
40.0

220.513

25,161 j 11.4

6*.391

!

For sale or rent

53.058

n.333

Percent
of total

98
88

l,*23
639

2-7
*»5

52,445
14,194

21.4

6,150
5.183

Number

186

2,062

3.1

66,639

Percent

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
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....

New
homes

2.6
11.0
.17.5..
*7«5

16.6
*.8

Amount of mortgage
as a percent of
FHA valuation
of property

All
homes

12.0

2U.5

31.8

....16.2
*5«7
17.5

8.6

5.2

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

17.3
25.5
,..9.2.
6.1

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

100.0

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

59.7
27.4

New
homes

7 rooms or more

Existing
homes

12.6
59.1

4 rooms or less
5 rooms

1.0
29.6

5.5

3*.7

100.0

Total

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.




All
homes

73.*
67.3
12.5
11.5
9.9... . . . . 6 3 . 7 . . . . . . . 1 4 . 3
2.0
17.7
2:2
1.5

8

100.0

Total

Existing
homes

Number of rooms
New
homes

.2

4.1
17.*

New
homes

50 or less

Exterior material

100.0

100.0

Percent distribution 1- to 4family homes

86 to 90
81 to 85
76 to 80
71 to 75
61 to 70

3.*

9.8
19.9

Total

Wood
Brick
Stucco • • • • • • • . . • • • • • • •
Other

*.68*,325

Table 6.—Mortgage as a percent of value, 1940a

Percent distribution
1-family homes

66.3
29.6
3.9

Percent
distribution

2.075
1.778

12,043,618

2.532

Existing
homes

i.*79
..2,072.

• 853.859
707.767
...2*3.930
778.910
7*0.559
•1.359.300

9.*°i

ss

276...
1,237,200
2,570,900
532
2,578,200
516
659... ...3.192.300

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

8:2

Number

44,774
8,284

50.93*
13,*67

245.674

In central city
Outside central city

Increase

1930,
estimated
by FHA

1940

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,
estimated
by F H A

1930
Number

Percent

Increase

1940

Number

Percent

For sale or rent

Not for
sale or
rent

69.287
41,306

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

I n central city
Outside central city
Metropolitan district

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

A l l homes

Amount

Number

$140,100
213,150

s

288,300
192,100

372

Type of institution originating mortgages

910

New
homes

1

17.5
63.1

17.1

18.2

-

.8

A l l others

82

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
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

8*3
11.8

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

$ 225
401
...456..,
573
707
.1,241...
2,200

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

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

1.196,340

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

2,973

1934-40

Percent distribution
1-family homes

57-5
....9.9
.4

Percent
distribution

.6

100.0

463
586

Table 8.—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

F H A valuation of property

17.3

-

100.0

Total

Total

1938
1939

$ 122,135
220,903
....;.40,662
199.907
244,452

Table 6.—Mortgage as a percent of value, 1940

All
homes

21.4
60.4

696

4,024,350

Existing
homes

16.6
63.7

VI

Amount

1934-35
1936

851,200
947,000

Percent distribution of amount of
1- to 4-family home mortgages

Mortgage companies
Insurance companies

$295,000

N o garage
1-car garage
2-car garage • •
3-car garage




191
201
...236....

National banks
State banks

Table 7—Capacity of garage, 1940

Note:

$ 172.900
332,350

1

Garage and car capacity

Number

Amount

*5
88

1,421,350

*9 • • • 1

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
1935^0

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 2,499 . . .
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

Increase

a

1930*
Number

Percent

1930,
estimated
by FHA

1940

Number

For sale or rent

Not for
sale or
Percent rent

Number

67.914
68,418

Metropolitan district..

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

I n central city....
Outside central city

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
insured under
Section 207
or 210 of
Title I I

Type of institution originating mortgages

Existing
homes

All
homes
61.6
1.4

12.1
24.1

10.3
24.2

11.8
24.1

All others

1.1

1.3

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

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

Amount

137
113

1934-35
1936
193 7
1938
1939

8.553.150

Mortgage companies
Insurance companies

1

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

Garage and car capacity

100.0

New
homes

Average
FHA
value of
property

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

21.3

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

1.1
15.7
.13.5.
25.9
24.7

.11.2.
7.9
100.0

• a s -

18.4

6,068

100.0

ttlt

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.

55-1
23.6

27.8

19.6

i,a4

1,108
1.069
Jppendix.

a

11.2

100.0

Total

100.0

100.0

Table 9—Size of home, 1940
Percent distribution
l-family homes

Existing
homes

59.6
16.6

Wood
Brick
Stucco
Other

Table 10.—Averages by property value groups for l-family homes, 1940
Percent
distribution

100.0

Total

Number of rooms

Exterior material

100.0

F H A valuation of property

100.0

Percent distribution
l-family homes

4o.l
52.4
6.8
.7

Total

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

62.2
3.3

Table 7.—Capacity of garage, 1940

A l l groups: 1940
1939

Number

$ 135.650
692,900
951,100
2,074,300
2,070,900

61.4
1.1

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

22
129
177...
408
409

National banks
State banks

1
$ 650,000

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 9,999....
10,000 or more

Year

Amount

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

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
1935-40

Total

Percent
of total

100.0

New
homes
7.6
50.1
....35.1....
7.2

Total

1.1
18.0
46.1
34.8

100.0

4 rooms or less
5 rooms
6 rooms
7 rooms or more

Existing
homes

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

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

Total

Percent
of total

108,373
62,606

Metropolitan district

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

I n central city
Outside central city

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
6
39
..35..
134
188
.222..
624

1935
1936
1937..
1938
1940..

.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

Existing
homes

All
homes
42.8

Mortgage companies
Insurance companies

None

16.8
39.9

5.0
52.9

14.0
43.O

A l l others

"

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

2.7
100.0

100.0

Percent distribution 1- to 4family homes
New
homes

100.0

Total

Other

26.1

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

$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 glossary o f t e r n s used i s included i n the Appendix.

a

14.0
14.0
15.3

784
736
928

a

100.0

100.0

Percent distribution
1-family homes

7.5

New
homes
4 rooms or less
5 rooms
7 rooms or more

100.0

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
5.604
5.239
6.059

58.1
31.2

100.0

Total

Average
FHA
value of
land

All
homes

Table 9.—Size of home, 1940

Existing
homes

44.7
28.3

Wood
Brick

Average
FHA
value of
property

Existing
homes

Number of rooms
New
homes

"9:l

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

100.0

0.9
10.6

Amount of mortgage
as a percent of
F H A valuation
of property

Percent distribution
1-family homes

22.7
67.4

Percent
distribution

"

100.0

Table 10.—Averages by property value groups for 1-family homes, 1940

F H A valuation of property

2.179

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

1940.,

$ 189.912
149,005
....45,707
79.593
122,598
...170,533

Table 6.—Mortgage as a percent of value, 1940

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

565
381
.111.,
226
367
.529.

5.276.075

42.1

Table 7—Capacity of garage, 1940




1,245

43.O

Total

Vote:

1,112,800
1.235.500
•1.397.300

.310.

National banks
State banks

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

6I.O99
135,241

Metropolitan district

61,659
130,401
192,060

4,280

Percent

16,558
33,813

2.2

50,371

|

|

Number

15,55*
29,768

1940

-0.9
3.7

-560
4,840

196,340

I n central city
Outside central city

1930, •
estimated
by FHA

1930*
Number

For sale or rent

Increase

Not for
sale or
Percent rent

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

Existing homes

New homes
Number
5
32
....57.....
57
72

1935
1936
1938
1939

$ 29,350
161,150

1935-40

202

739.726

All homes
Number
36
115
99....
77
84
. . . . .86 . . .

Number

$ 144,600
461.226
l^lvX 500
3*5.900
363.700

497

Year

Amount

2,137.026

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

Wood
Brick

92.0
6.7

85-7
1U.3

Other

1.3
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
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

Table 9—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

7 0

100.0

100.0*

Number of rooms
New
homes

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
9.0
6.7

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

$ 115.250
300,076
...148 000
85,000
43,100

1.397,300

295

Amount

31
83
....42
20
12
....Hi

260,900
320,600

Table 4.—Rental projects

Total
1935-40

Number

Amount

Total

Number

"

100.0*

New
homes
21.3
36.0
....38.7....
4.0

Total

35.7
50.0

100.0

4 rooms or less
5 rooms
6 rooms.
7 rooms or more

Existing
homes

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

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*

Metropolitan district

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*

I n central city
Outside central city

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

1935-40

Number

10
18

35.600
52.100

132

397.155

Type of institution originating mortgages

Hone

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

2*2

1934^35
1936
193 7
1938
1939

New
homes

-

39.*
51.1

81.6
18.*

*.8

"

100.0

3.9

1:?

Average
FHA
value of
property

2*"l
$3,521
....20.7.. ....*,271.
17.2
27.6
3.5.. ....9,000*
10,875 b
5»*97
c
c

$ 2.500*
3.500*
b
....16.7.. ....*,o63
5.000*
8.3

-

$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*

-

*2.8
9.5
....75.0... ....33.3
16.7
7.2
8.3
7.2
-

-

100. o a

100.0

-

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes
83.3
16.7

65.5

Average
FHA
value of
land

All
homes

Number of rooms

-

100.0

Total

Existing
homes

60.0

Total

New
homes
4 rooms or less
5 rooms

3-5
51.7
....27.6
17*2

7 rooms or more

100.0a

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
1*.8
2.0**
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 .




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

13.8
17.2

Wood
Brick
Other

-

*7.3
*5.o

New
homes

100.0

100.0

All
homes

Percent distribution 1- to 4family homes

Amount of mortgage
as a percent of
F H A valuation
of property

Exterior material

16.7
61.9
21.*

1.125.080

Table 6.—Mortgage as a percent of value, 1940

3.8

100.0*

3.081

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

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

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

Table 7—Capacity of garage, 1940

F H A valuation of property

Year

Amount

$89,150
25
321.505
85
3 9 . . . . ....170,200
7*. 200
21
13*,000
35

*~7

Total

Total

Number

$ 59.600
171.855

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 a r a g e « . • • . . . • • • . «
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

A l l homes

20
5
?

5*2.100

Table 4.—Rental projects

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Property improvement
notes

Existing homes

$ 29,550
5
1*9.650
27
23.... ....114,700...*
38,600
11
81.900
17

Total
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

Percent

1930,
estimated
by F H A

1940

100,899
12,087

Metropolitan district

82,675
8,589

18,224
3.498

22.0
40.7

91,264

21,722

1 23.8

For sale or rent

Percent

Not for
sale or
rent

Number

Total

Percent
of total

19.243
1,824

24,975
2,880

112,986

I n central city
Outside central city

Increase
Number

27.855

!

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.,

66
..49.

$252,350
678,900
...450,100.
429,200
272,400
...242,600.

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

1.829.100

2.458,300
.2,966,100

Existing
homes

Garage and car capacity

F H A valuation
of property

All
homes

10.2

11.0

-

-

6.4
27.5

15.0
29-9

7.1
27.8

86
81
76
71
61

Total

42.9

52.3

100.0

100.0

Exterior material

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
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

4.1
30.3
.29.8.
14.0
14.6
...4.6.

2.6

36.4
60.5

57.9
36.8

Other

2.8

1.8

100.0

100.0

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

100.0

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

1.7

•3

100.0

100.0

Table 9—Size of home, 1940

20.0

Percent distribution
l-family homes
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

17.9

28.1

.1

Existing
homes

Wood
Brick

Average
FHA
value of
property

All
homes

Number of rooms
New
homes

Total

Existing
homes

100.0

Total

Percent distribution
l - f a m i l y homes

100.0

689,709

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

Table 8 — Material of construction, 1940

9.0
71.4
• 18.9
•7

Percent
distribution

to
to
to
to
to

100.0

Table 10—Averages by property value groups for l-family homes, 1940

F H A valuation of property

New
homes

50 or less

53-2

Percent distribution all 1- to
4-family
homes

...183,892

Percent distribution 1- to 4family homes

Amount of mortgage

-

A l l others

No garage
1-car garage
2-car garage • .
3-car garage

221
366
.549.
2,049

Mortgage companies
Insurance companies

4
214

$ 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

11.1

Table 7.—Capacity of garage, 1940




1934-35
1936
193 7
1938
1939
194 0

National banks
State banks
4
$690,000

Total

Votei

$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.
8.53^.600

30
162
.250..
292
492
"632.

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

1930,
estimated
by F H A

1930
Number

Percent

1940

60,195
9,488

Metropolitan district

52.037
6,488

8,158
3,000

15.7
46.2

58,525

11,158

| 19.1

N o t for
sale or
rent
Percent

Number

Number

17.530

|

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
17
.,..20

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

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

Amount of mortgage
as a percent of
F H A valuation
of property

All
homes

A l l others

270
213
..29..
147
131
.171-

1937.,
1938
1939
1940..

1.363.600

New
homes

1.0

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

8.7
30.4
....26.1..
16.5
4.4

Wood
Brick
Stucco•••••••••........
Other

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

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

Total

Number of rooms
New
homes

100.0

Percent
distribution

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

Percent
of total

11.478
1.296

15.279
2.251

69,683

I n central city
Outside central city

For sale or rent

Increase

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

Percent

1930,
estimated
by F H A

1940

For sale or rent

Increase
Number

N o t for
sale or
Percent
rent

Number

59.319
13.736

Metropolitan district

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

I n central city
Outside central city

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
1,413,400

96

1
1935-40

297

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
Savings b a n k s . . . . . . . . .
A l l others

2
$ 661,000
2
186

Total

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
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

1.843,300

Existing

1934-40

F H A valuation
of property

All
homes

.6
91-3

86
81
76
71
61

to
to
to
to
to

13.0

21.2
.19.2..
21.2
18.5
..6.9..

20.8
20.8

.16.7..

New
homes

-

100.0

Average
FHA
value of
property

$2,718
3,410
...4,459.,
5.262
6.519
...8,658.

I 2.750*
3.59**
...4.350*.
5.325*
6,950*
...8,688 V

5.625

37.5
45.8

12.3

Average
FHA
value of
land

$ 211
365
...490..
566
687
.1,150..

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

4.2

100.0

Land as a
percent of
property
value

AH
homes

-

100.0 R

-

100.0

Table 9—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

37.7
50.0

Total

Existing
homes

Number of rooms
New
homes

4,849

4.2
16.7
.20.8..

Percent distribution 1- to 4
family 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

Total

Other

568,780

1.714

Amount of mortgage

Exterior material

100.0

Percent
distribution

159
324
371...

50 or less

Wood
Brick

$ 122,090
125,102
21,866
63.336
119,242

Table 6.—Mortgage as a percent of value, 1940

6.7

7.7

Amount

447 . . .
49

Percent distribution
1-family homes

30.1
61.9
6.3
1.7

18,205

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

F H A valuation of property

14
48
31....
46
88

Percent distribution of amount of
1- to 4-family home mortgages
New

2.5

Year

Amount

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

Number

Total

Table 7.—Capacity of garage, 1940

Garage and car capacity

429,900

A l l homes

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

Amount
$40,100
101,100
60,400....
47,600
93.800

9
21
....13
10
23

5
27

1938
1939

Number

14,988
3.217

Property improvement
notes

Existing homes

New homes

2.5
2.4

!

Table 3—Volume of Title I Notes insured

Mortgages on 1- to 4-family homes
Year

Total

Percent
of total

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.

109.833

Percent

1940

75.274
22,000

79.815
30,018

Metropolitan district

1930,
estimated
by F H A

1930

I

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




All
homes

86
81
76
71
61

to
to
to
to
to

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

383.550

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
£ 000000
£ 000000

A l l groups: 1940
1939
1938

1,260

1934-40

Table 6.—Mortgage as a percent of value, 1940

81.9

New
homes

100.0

100.0

44,549
94,149

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

150
340

1.874,350

.8

3.*

96.6

$ 67.518
53.668

Percent distribution
1-family homes

40.1
45.1

Percent
distribution

Existing
homes

197
122

1938
1939

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

Percent

9,010
9.941

14.5
56.8

79.760

18,951

23.8

26,707

!

N o t for
sale or
Percent rent

Total

Number

16.698
4.178

20,412
6,295

98.711

Metropolitan district.

62.265
17.495

For sale or rent

1930,
estimated
by F H A

1940

71.275
27.436

I n central city.
Outside central city

Increase

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

Mortgages
insured under
Section 207
or 210 of
Title I I

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

20
125
..77..
53
174
.258.

$ 77.300
471,060
..322,000
225,850
695.600
..833,800

440.360

707

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

Amount

567
211
..51..
206
316
.408.

• 278,923
114.079
....28.360
109.550
139.581
...193.116

2.625.610

$ 56.350
252,860
...37,700..

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

Existing
homes

863.609

1.759

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

53.600
...23,600.

14
67
..9.

2,185,250

..68..
49
164

Number

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

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
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

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

11.6
$323
13.2
452
614... ....14.3
649
12.4
875
,...1,400*.
2,000*
17.1*
513
c
c

. . . 3 3 . 3 . . . $ 4,375*.. , . . . $ 7 7 5 *
1,000*
5.000*
16.7
6,250*
50.0
1.733*
-

100.0a

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

22.1
9.0 . . . .
4

66.7
16.7

68.5

16.6

100.0

Wood
Brick
Stucco.................
Other

35.9
59.1

Percent
distribution

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

New
homes

100.0a

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

1930,
estimated
by F H A

1930
Number

Percent

1940

For sale or rent

Increase
Number

N o t for
sale or
rent
Percent

Percent
of total

62.396
27.159

Metropolitan district

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

I n central city
Outside central city

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

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

No garage
1-car garage
2-car garage . .
3-car garage
Total

6~2

86
81
76
71
61

3.7

to
to
to
to
to

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

Exterior material

Wood
Brick

17.7
75.U

23.1
6§.2

Other

6.1
100.0

A l l groups: 1940
1939
1938
Existing homes:
$2,999 or less
3,000 to $3,999
4,000 to 4 , 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

20.0

$350*
350*

1.083*

9.5®
.15.8*
20.0*
15.8*

lk

.8

2.1
.7

-

100.0a

100.0

5

c
6.9
I5.8

7.7

1.5

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

Total

All
homes

Number of rooms
New
homes

100.0

I'3
16.9
.32.3..
21.5

90
85
80...
75
70

Percent distribution
1-family homes

11.7
68.3
.19.3
.7

Percent
distribution

81.8
7.6
8.3... ...92.3....

50 or less

26.0

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

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Property improvement
notes

Existing homes

New homes

Year

Total
1935-40

Total

Number

New
homes
3.8
40.0
....45.4....
10.8

7 rooms or more
100.0*

Total

30.8
53.8
15.4

100.0

4 rooms or less
5 rooms

Existing
homes

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

Percent

1930,a
estimated
by FHA

31,922
35.614

11.8
34.1

82,000
35.384

442,294

Metropolitan district

270,366
104.392
374,758

67,536

i 18.0

117.384

|

Number

67.749
23,169

1940

302,288
140,006

I n central city
Outside central city

Increase

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..

78
337
...550.
991
1,200

.1,366.
4,522

1939
1940.

$395,200
1.639,765
..2,711,275.
4,418,100
5.335.700
..6,016,500.
20,516,540

Mortgages:
Number
Amount
Projects:
Number.
Dwelling
units

1.590

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

6,112

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

Amount of mortgage
as a percent of
FHA valuation
of property

Percent distribution 1- to 4family homes
New
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

100.0

Existing
homes

230

Table 7.—Capacity of garage, 1940

Garage and car capacity

Total

New
homes

100.0

Percent
distribution

Average
FHA
value of
property

Average
FHA
value of
land

Land as a
percent of
property
value

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
....8,752... ...1,338.... ....15.3
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

34.8
60.4
5

100.0

Total

10.2
$2$3
$2,769
f'5
11.4
4oi
24.9
3.520
....12.0
....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

Percent distribution
1-family homes

Existing
homes

47.7
36.5
2
15.6

Wood
Brick
Stucco
Other

100.0

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

286*

177
..187.

$934,100
1,646,810
.1,153,600.,
1,138,800
707,400
...736,400.
6,317,110

215
423
.302..

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
....29.65... ,...2.01.... ....15.8
....22.6..
1.78
14.3
32.35
15.4
1.72
14.1
39.31
22.8
7.13
7 . 8 . . . . . . 457.43 . . . . . . . 1 . 5 2 . . . . . . . . 1 2 . 8
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

5.577
4,801

77,431

10,378

13.4

22,959

?

N o t for
sale or
rent

Number

Percent
of total

2,156
1,665

14.0
44.2

23
33

842
102

4.6
1.8

18,390
5.569

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

1,861,098

486

Mortgages
insured under
Section 207
or 210 of
Title I I

Mortgages:
Number
Amount
Projects:
Number.
Dwelling
units

1
52

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

New
homes

1934-40

2.1
9.3

25.1
42.5

16.6
I8.3

57.5

23.2

53.7

100.0

100.0 a

100.0

100.0

50.0

Hi

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

$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

5.683
c
c

997
c
c

17.5
c
c

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

727.212

Number of rooms
New
homes

$ 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

Amount of mortgage
as a percent of
F H A valuation
of property

Exterior material

100.0

5.6
23.9
...41.6..,
13.*
12.7

All
homes

6.4
2.8

Wood
Brick
Stucco
Other

$ 189,829
220,749
44,694
77,010
84,081

1.299

Percent distribution
1-family homes

34.8
56.3
8.9

Percent
distribution

Existing
homes

364
313
58.,.
life
159

1934-35
1936
1937
1938
1939

Amount

Table 6.—Mortgage as a percent of value, 1940

15.5
15.3

Not*: A glossary of terns used Is Included i n the Appendix.
c
Data not available.




2.166,448

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

$ 183,450
491,798
196,000
306,200
409,100
579,900

580

Number

Table 8.—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

F H A valuation of property

1&
52....
84
109
....145....

Year

Amount

1.6
10.1

Total

Table 7.—Capacity of garage, 1940

Total

305,350

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

$90,250
70,100
42,800...
25,800
13,200

Type of institution originating mortgages

1

Garage and car capacity

26
29
13....
10
3

A l l homes
Number

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

Amount

94

T

1935-40

Property improvement

Existing homes

New homes
Number

Total

Percent

19,138

9.2
28.1

87,809

Metropolitan district

60,3^2
17,089

1940

Number

15,369
3.769

Percent

65.919
21,890

I n central city.
Outside central city.

For sale or rent

1930,
estimated
by F H A

1930
Number

Increase

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

Percent

1930,
estimated
by F H A

1940

Number

For sale or rent

Not for
sale or
Percent
rent

Number

92.478

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

|

10,1U9
10,611
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

318

82

1,093,400

New
homes

20.6
7.7...
31.3
6.9

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

1,202

30.9

21.9
6.7
27.9
8.5

33.5

46.0

35.0

100.0*

New
homes

Existing
homes

All
homes

70.6
11.8
...13.2...
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

..66.6....
16.7

60.0
10.0
21.3
5.0

16.7

1.5
100.0

Total

100.0*

Percent distribution
l-family homes
Number of rooms

New
homes
44.?
47.8

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

c

3,938
d
d

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

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

Table 9.—Size of home, 1940

Percent distribution
l - f a m i l y 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

Exterior material

10.0
80.0
10.0

100.0*

All
homes

3.2
19.9

$92,157
273
255
101,324
5 1 . . . ,. . . . 1 7 422
126
34,608
209
58,682
288...
108,216

1934-40

Table 8—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

Percent
distribution

Existing
homes

100.0

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

1934-35
1936
193 7
1938
1939
194 0

Amount

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

F H A valuation of property

Number

$32,150
79,450
134 800
386,100
215,500

266,700

National banks
State banks
Savings and loan assns.
Mortgage companies
Insurance companies
Savings banks
A l l others

1

Total

9
24
42
107
59

Year

Amount

$23,100
42,000
53 7 0 0 . . .
106,400
10,60c

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

Percent
of total

43.131
23,587

53,280
39,198

Metropolitan district

Increase

a

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

Percent

53.829
13.398

4.036
3.567

7.5
26.6

67.227

7.603

11.3

21,021

2.785
1,165

20.0
36.7

17.071

|

Number

13.893
3.178

16.678
*.3*3

74.830

Metropolitan district

1930,
estimated
by F H A

1940

57.865
16,965

I n central city
Outside central city

Increase

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

942,800

244

1935-40

Mortgages:
Number
Amount
Projects:
Number...
Dwelling
units

Amount

Number
11

190,100

62

Mortgages
insured under
Section 207
or 210 of
Title I I

1,132,900

306

New
homes

Existing
homes

All
homes

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

^

A l l others
32

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 , 9 9 9 . . . . . . .
10,000 or more

Wood
Brick
Stucco.................
Other

.8

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

10.6

12.4
. . .9..

14.3
7.1
.57.2.,
14.3
7.1

New
homes

Average
FHA
value of
property

Average
FHA
value of
land

Land as a
percent of
property
value

42.9
57.1

.9

"

100.0®

100.0

Total

Annual family income of
borrower

$ 325*
450*
.669 1

13.O*
15.O*
.15.4

1.750*

26.9*

$2,500*
3,000*
...4,3*4...
5,000*
6,500*

.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

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

558

4.232

56.6
42.5

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

8.8*

$ 250*
404
...547..,
804
904
.1,000*.,

All
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

Existing
homes

11.6
.12.7
14.6
14.4

$ 2.833 b
3*75
..4.318...
5,510
6.264
...8,000*..

Existing
homes

Number of rooms

100.0

Total

*.3*3

2.7
39-8
.33.6..

100.0

New
homes

100.0

Percent
distribution

42.4

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

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

N o garage
1-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

1

Garage and car capacity

1937 .
1938
1939
1940 •

262,100
179.200

National banks
State banks
1
$ 107,000

219
389
..61.,
131
231
•335-

$ 39.650
98,050

V

26....
62
5*
....123....

Percent distribution of amount of
1- to 4-family home mortgages

Type of institution originating mortgages

Table 7—Capacity of garage, 1940




Amount

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

A l l homes

$ 27.700
48,500
,....31,800 , ,
9.500
31,800

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

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,
estimated
by F H A

1930
Number

Percent

1940

For sale or rent

Increase
Number

N o t for
sale or
Percent
rent

Number

95.996
21,974

Metropolitan district

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

I n central city
Outside central city

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

$ 47.700
89,050

8
11
49....

40.300
34,600

442

New
homes

Existing
homes

A l l groups: 1940
1939
1938

25-3

18.8

100.0

Vote:




New
homes

100.0

Total

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<

All
homes

\

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

Existing
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

100.0

New
homes

10.2

538.315

Percent distribution 1- to 4family homes

Percent distribution
1-family homes

60.8

5.9

1.298

Amount of mortgage
as a percent of
F H A valuation
of property

Exterior material

..27.9
1.1

15.7
25.5
,..17.6...
17.6
15.7

619
$ 199,933
U7.312
237
»57... , . . . . 4 2 112
26,971
93
37.513
...114,474

1934-40

Table 8.—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

100.0

6.1

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

All
homes

I60

Table 7.—Capacity of garage, 1940

Percent
distribution

.

8.2

5.3

Total

New homes:
$2,999 or less
3,000 to $3,999
4,000 to 4,999
5,000 to 5,999
6,000 to 7,999
8,000 to 9,999
10,000 or more

1934-35
1936
1937
1938
1939

Amount

Table 6.—Mortgage as a percent of value, 1940

. . . 1 9 . 3 . . . ,...20.9... ,...19.8
42.9
52.8
50.0
2.7
6.3
5.3

A l l others

F H A valuation of property

Number

1,657.750

Percent distribution of amount of
1- to 4-family home mortgages

Type of institution originating mortgages

None

Total

Year

Amount

$ 64,900
19
160,450
50
, . . . . 2 8 . . . . .....113,700
280,000
73
113
398.700
....159....

438.750

127

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies

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

15
31

1,219,000

Table 4.—Rental projects

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Number

$ 17.200
71.400
64,000, ,
239,700
364,100

315

Property improvement
notes

Existing homes

Amount

4
19
15—
65
102

1935
1936
1937
1938
1939

Total
1935-40

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

Number

Percent

1940

For sale or rent

Increase

1930,®
estimated
by FHA

1930®

Number

Not for
sale or
Percent rent

Percent
of total

173.065
22,55*

Metropolitan district

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

I n central city
Outside central city

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

488

14,415,503

Mortgages
insured under
Section 207
or 210 of
Title I I

Amount

10.3

All others

100.0

Wood
Brick

100.0

Other

100.0

Total

10.6
.8

100.0

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
4,628
4,885

11.8
$2,453
38.2
3.369
• JL4.5-. ...4,318..
11.8
5.133
l4.«
6.591
. . 2.6.
.•8,325;

6.6

100.0

12,080 *

589
694
$272
491
...51*..
733
1,241,.
•1,750*
3.800

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




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

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
New
homes

55-2
23.7
13.2
7-9
100.0

7 rooms or more
Total

4.0
27.6

100.0

4 rooms or less
5 rooms

Existing
homes

4.1
48.8
. . . . 44.0- • •
3.1

Existing
homes

39.9
*3«7
1.2...
15.2

Table 10.—Averages by property value groups for 1-family homes, 1940

9.2
..3.8..

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

New
homes

1.2

5.2
37.1
.33.1.

5.2

FHA valuation
of property

Exterior material

80.1
•17.9
.8

Percent
distribution

11-9

Percent distribution 1- to 4family homes

Amount of mortgage

All
homes

-

2.517.15*

1,279
1.152

...302.

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

Total

Existing
homes

100.0

927
l,3Ul
•1.612.

$471,679
490,951
...133.436
3*8.756
495.119
•••577.213

6.613

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

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Property improvement
notes

Existing homes

New homes

Year

Total
1935-40

Total

Number

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

Number

172.172
78.365

Metropolitan district

110.637
21,552

250.537

I n central city.
Outside central city

1930,
estimated
by F H A

1930*

132.189

Percent

1940

For sale or rent

Increase

4

N o t for
sale or
rent
Percent

Number

Total

Number

Percent
of total

2&1

61.535
56.813

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
140
719
...843.
1,444
1.995
.2,062.

$645,700
3.385.485
.3.680,865.

7.203

1935
1936
1937..
1938
1939
1940.,

29.489,650

Mortgages:
Number...
Amount
Projects:
Number
Dwelling
units

$347,900
1,470,720
•1.033.550.

J .

237
1.136
.1.059..
1.598
2,070
.2.125..
8.225

33.572.120

651.900

Type of institution originating mortgages

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies

2
$450,000

New
homes

2

of

86
81
76
71
61

Percent distribution 1- to 4family homes
New
homes

15.6

100.0

100.0

100.0

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

50 or less

21.0

to
to
to
to
to

Pr°Perty

0.3
13.7
9.9
53.0
7.5

15.4

A l l others

Amount of mortgage
as a percent of
F H A valuation

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.,

12,830

Percent distribution of amount of
1- to 4-family home mortgages

90
85
80
75
70

H

136
Total

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




8,166,150
.8,176,050

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 4,9995,000 to 5,999
6,000 to 7,999
8,000 to 9,999.
10,000 or more

1934-35
1936
193 7
1938
1939
194 0

$ 993.600
4,856,205
.4,714,415
6,665,700

4,082,470

6,013,800

Number

Amount

300,500
...277.900.

97
417
.216.,
154

7.865,650
•7.898,150.

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

Existing
homes

3.7

Total

i9'3
42.7
. . . 24.0
24.0

100.0

7 rooms or more

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

1930, *
estimated
by FHA

1930

Number

Percent

1940

For sale or rent

Increase
Number

Not for
sale or
Percent rent

Number

169,203
40,490

Metropolitan district

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

I n central city
Outside central city

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

961.325

Mortgages
insured under
Section 207
or 210 of
Title I I

Type of institution originating mortgages

Mortgage companies
Insurance companies
Savings b a n k s . . . . . . . . . . . .
All others

None

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

1*,1*15,125

1934-40

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

Total

100.0

.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

New
homes

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:

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
Other

9.5
39.*

Percent distribution 1- to 4family homes

Number of rooms
New
homes

2.2
75-3
22.5

Percent
distribution

Amount of mortgage
as a percent of
FHA valuation
of property

All
homes

27.5
20.0
1.1*...
30.3
18.1*

3.037.57*

Table 6.—Mortgage as a percent of value, 1940

Existing
homes

New
homes

$*1*,5*6
1*00,356
81,862
*05,2i3
699.33*

6.933

1938
1939

Percent distribution pf 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

1.231

Amount

1,06*
921
168...
81*
l.*52

1934-35
1936

Exterior material

3-car garage

FHA valuation of property

29*

$107,100
523.325
321.700
693.600
1,021,200

?

L....S...
199

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

No garage
1-car garage

Year

Amount

100.0

National banks
State banks

Garage and car capacity

Number

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Mortgages:
Number
Amount
Projects:
Number ...
Dwelling
units

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
1935-40

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
20.2

Percent of U n i t e d States _
Total
Nonfarm
M e t r o p o l i t a n districts

United
States

.

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

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

Percent

1930,
estimated
by FHA

1940

244,791
104,914

-10,249
3.329

-4.0
3.3

356,625

-6.920

-1.9

94.911

Number

Not for
sale or
Percent rent

Number

1

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

24
69
.103.,
81
165
.246.,

194a.

$115,400
336.560
...604,550..
498,700
1,009,000
.1.407.300.,

688

1935
1936
1937..
1938

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
•5

Other




FHA valuation
of property

New
homes

100.0

Average
FHA
value of
property

Average
FHA
value of
land

Land as a
percent of
property
value

7.078
7.619
8.190

12.2
13.3
13.8

861
1.013
1.127

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

15.0 *
17.0
...17.9
16.8
17.4
...17.8
20.1

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

Total

Table 9.—Size of home, 1940
Percent distribution
1-family homes
Number of rooms

Existing
homes
77.0
16.5

7.0

$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

22.2
4.1

3.7

100.0

Total

100.0

100.0

64.2
8.4
20.9
3.9

Percent distribution 1- to 4family homes

Amount of mortgage

All
homes

79.3
12.9

Wood
Brick

33.7

Percent
distribution

Existing
homes

3.626,584

10,614

Table 6.—Mortgage as a percent of value, 1940

New
homes

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 c fewer than 6 cases.
m
463560 O - 42 - 8

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

ll.926.i7O

1938
1939

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

62.557
25.340

66.486
28,425

349.705

Metropolitan district

255,040
101,585

For sale or rent

Increase

a

a

Number

I n central city
Outside central city

Vacant, 1940

Occupied

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

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"'

21.0
.24.6...
17.5

1|.8
..6.8...
9.5

1.71

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...

26.8 *
23.0
....21.6
19.3

17.8
..1I94...

73.28
47.77
53.36
57.22

0.8

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

108,401
91.951

Metropolitan district

104,906
86,325
191,231

9.121

4.8

Number

26,320
21,058

3.165
2.759

12.0
13 1

53.302

3.495
5.626

200,352

I n central city
Outside central city

Not for
sale or
Percent rent

1930,
estimated
by FHA

29,485
23.817

Number

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

.35..
62
79
.75.

$ 74.100
216,125
..192,700.,
319,900
411,600
..406,300.

310

1935
1936
1937..
1938
1939
1940.,

1.622,725

15

Mortgages
insured under
Section 207
or 210 of
Title I I

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

$ 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

f

76
..68..
65
116
...41.,

714

3,228,715

m

Type of institution originating mortgages

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

.7

70.0
25.0
5.0

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

2.5
..3.8.
27.4

50.0

..3.8.
12.5
100.0

9.2
.38.9.
16.7
24.1
..3.7.
7.4

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. *




77.8
13.0
1.8
7.4

100.0

Table 10.—Averages by property value groups for l-family homes, 1940
Average
FHA
value of
property

100.0

100.0

Table 9—Size of home, 1940
Percent distribution
l-family homes

Existing
homes

100.0

J
Total

100.0

All
homes

Number of rooms
New
homes

Wood
Brick
Stucco
Other

Existing
homes

-

100.0

Total

Exterior material

12.4
52.6

Percent
distribution

100.0

New
homes

Percent distribution
l-family homes

Percent distribution all 1- to
4-family
homes

FHA valuation of property

1.3

-

100.0

Percent distribution 1- to 4family 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

Table 8.—Material of construction, 1940

Table 7.—Capacity of garage, 1940

Total

Amount of mortgage
as a percent of
FHA valuation
of
P r °P e r t y

5.9
80.7

2.1

1,464,186

Table 6.—Mortgage as a percent of value, 1940

.M
homes

100.0

$ 256,299
225,499
....61.507
186,306
296,378
. . .438.197

4,370

...566,000

3.3
81.5

Total

859
806
...203..
475
768
..1,259.

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*

New
homes
15.0
43.7

4 rooms or less
5 rooms
7 rooms or more

Existing
homes
5.6
9.3

12.5

40.7

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
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

1930, ®
estimated
by F H A

1940

455,610
333.699

4,450
27.587

1.0
9.0

135.884
92,778

757.272

32,037

1 4.2

228,662

Number

122,511
79.599

789.309

Metropolitan district

451.160
306,112

For sale or rent

1 202,110

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.

100.0

Wood
Brick

•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

.10.1

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

878.336
336,607
1,211*, 9U3

Metropolitan district

900,1*29
297,783
1,198,212

-2.5
13.0

-22,093
38,82*
16,731

1

1.*

1930,
estimated
by F H A

2*2,*73
93.665
336,138

|

Number

221,502
77,627

1940

Percent

For sale or rent

Increase

a

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

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

86 to 90
81 to 85
76 to 80
71 to 75
61 to 70
51 to 60
50 or less

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,
estimated
by F H A

1930
Number

Percent

1940

For sale or rent

Increase
Number

N o t for
sale or
rent
Percent

Total

Percent
of total

Number

306,087
59.709

Metropolitan district.

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

2.6

86,752
17.645

365.796

I n central city
Outside central city

340,400

25.396

1 7-5

100,635

1 88,118

12.517

14.2

38?

3.377

3.2

104,397

H

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

New
homes
21.1
45.0

7 rooms or more

100.0

Total

5.1

1.1
18.8
57.4
22.7

100.0

4 rooms or less
5 rooms

Existing
homes

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

Percent

210,718
60,795

Metropolitan district

200,982
50,946

9.736
9.849

4.8
19-3

251,928

19.585

| 7-8

For sale or rent

Increase
Number

Not for
sale or
Percent
rent

75.519

I

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

Table 6.—Mortgage as a percent of value, 1940

All
homes

F H A valuation of property

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




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

New
homes

Total

5-7
49.5
"56.2
8.6

100.0

7 rooms or more

100.0

Existing
homes

24.h
69.4
6.0
.2

4 rooms or less
5 rooms

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

Table 11.—Averages by borrower income groups for 1-family homes, 1940

Average
FHA
value of
property

a

100.0

Percent distribution
1-family homes

Existing
homes

84.2
12.1
1>.,„
3.3

Other

$ 2.750

All
homes

Number of rooms

Wood
Brick

...4)429.•
5.362
6,588
. . . 9 . 1 2 5 a12,125®

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

61.4
73.9
12.0
14. U
. . . . 8 . 6 . . . ...67.O... ....18.5
17.0
1.2
3.8
13.2
1.3
3.3
g
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

Percent
distribution

1.4

-

Amount of mortgage
as a percent of
F H A valuation
of property

Exterior material

4.9
79.8
lli.7
.6

2,613^830

10,319,160

100.0

Table 10.—Averages by property value groups for 1-family homes, 1940

A l l groups: 1940
1939
1938

2,344

l'.9oJ
.3.153.

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

1.387.400
2,187.100
-.2,724,800

$ 269,252
368.390
...113,209
356.798
547.342
...958,839

8,697

$ 559.650

Table 8—Material of construction, 1940

Table 7—Capacity of garage, 1940

A l l groups: 1940
1939

•593-

962
1.191
...314.

1934-35
1936
193 7
1938
1939
1940

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

52,758
12,06l

59.741
15.778

271.513

I n central city
Outside central city

1930,
estimated
by F H A

1940

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

T M AS .
A P-T

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.—

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

.

Metropolitan district........

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
lk
42
..56.,
81
125
.231.

$ 79.400
231,600
...263,050.
408,500
603,350

549

1935
1936
1937..
1938
1939
1940..

2,668,700

.1,082,800.

Mortgages
insured under
Section 207
or 210 of
Title I I

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

48
108
.123.,
143
157
.264.

$ 207.400
467.350
...548,250
673.750
736.450
.1,228,050

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

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

All groups: 1940
5,166
736
b
1939
b
b
b
1938
Note: A glossary of terms used is included in the Appendix.




a

56.4
14.2
19.8
3.7
5.3

2.6

.3
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
Total

All
homes

100.0

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

294

$ 128,000
235.750
...285,200.,
265,250
133.100
...145,250.
1.192,550

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

1.919
1.558

2.8
30.0

3.*77

4.7

21,658

|

Percent

Not for
sale or.
rent

Number

Percent
of total

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

s

100.0

86
81
76
71
61

pro

Perty

New
homes

Other

"

100.0

Total

Average
FHA
value of
land

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

-

100.0ft

-

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes
76.5
11.7

5.5

Average
FHA
value of
property

All
homes

Number of rooms

100.0

Total

Existing
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

93-1
1.4

Wood
Brick

629.893

Percent distribution 1- to 4family homes

50 or less

-

New
homes

100.0

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

Number

18,208
I.O65

20,098
1,560

73.929

For sale or rent

1930,
estimated
by FHA

1940

68,743
5.186
-

Increase

5.9
100.0 a

New
homes
15.1
56.2
....27.4....
1.3

7 rooms or more
Total

5.9
35.3
17.6
41.2

100.0

4 rooms or less
5 rooms

Existing
homes

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

3.573

15,828,152

51.8

59.2
8.9
24.1
6.9

20.6
5.7

10.9

i.i
100.0

•9
100.0

10,308

Amount of mortgage
as a percent of
F H A valuation
of property

86
81
76
71
61

to
to
to
to
to

F H A valuation of property

Total

0.6
.17.3.
35.8
38.3
..5.5.
2.5
100.0

0.6

6.6

..24.6.
31.7
7.2

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

100.0

Total

$ 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

A l l groups: 1940

5.930
993
5.872
1,066
1,022
5.452
A glossary o f terms used i s included i n the Appendix.

16.7
18.2

18.8

a

All
homes

100.0

100.0

Table 9—Size of home, 1940
Percent distribution
l - f a m i l y homes

Existing
homes

81.5
16.0 . . . .
4
2.1
100.0

Land as a
percent of
property
value

Existing
homes

Number of rooms
New
homes

100.0

Percent
distribution

New
homes

1:1

50 or less

100.0

Percent distribution 1- to 4family homes

Percent distribution
l - f a m i l y homes

Wood
Brick
Stucco . . . . . . . . . . . . . . . .
Other

4,124,508

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

Table 8.—Material of construction, 1940

14.1
68.9
16.4
.6

$ 624,758
660.U56
...133.991
456,600
1,002,694
.1,246,009

Table 6.—Mortgage as a percent of value, 1940

6l~5
,...ll.l...

Table 10.—Averages by property value groups for l-family homes, 1940




2,471,700
3,910,431
...3.299.600

1.819
1,957
...264.
1,092
2.299
.2,877.

1934-35
1936
1937....
1938
1939
194 0

Exterior material

Total

Note:

536
789

All
homes

Percent distribution all 1- to
4-family
homes

No garage
1-car garage
2-car garage . « • • . . . . . . . ,
3-car garage

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

$ 944,650
2,128,471

Existing
homes

A l l others

Table 7—Capacity of garage, 1940

A l l groups: 1940

261
589

New
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

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

Percent

167,720
204,708

Metropolitan district

170,002
194,558

-2,282
10,150

j-1.3
5.2

41,200
50,800

372,428

In central city
Outside central city

1930,
; estimated
by FHA

1940

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.,

4,186,020

Mortgages
insured under
Section 207
or 210 of
Title I I

Mortgages:
Number ...
Amount
Projects:
Number.
Dwelling
units

162
353
.284..
221
167
.120.

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

Total

-

100.0

FHA valuation of property




Existing
homes

100.0

Total

100.0

84.2
10.1

Other

Percent distribution
1-family homes

Average
FHA
value of
property

80.7
15.1

5.7

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 . . . . ..1,061
10,000 a
1,200a
.3
5.817
6,355
6,506

Existing
homes

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

1.7

100.0

Total

100.0

Number of rooms
New
homes

Wood
Brick

All
homes

Table 9—Size of home, 1940

Exterior material

100.0

100.0

-

100.0

New
homes

Percent distribution
1-family homes

16.4
62.0
21.4
.2

Percent
distribution

-

100.0

Percent distribution 1- to 4family 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

Table 10.—Averages by property value groups for 1-family homes, 1940

Note:

All
homes

50 or less

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

Amount of mortgage
as a percent of
FHA valuation
of property

All others

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

Table 6.—Mortgage as a percent of value, 1940

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

2,881,815

9.092.765

86
81
76
71
61

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

1939
1940 •

$ 376,630
469,818
...132.957
291.255
653,762
.•<957,393

8.57S"

1,657,200
1,585,500
•1.945.500

2,127

1,318
1.385
...293.
888
1.777
..2.915.

1934-35
1936
1937

.1,530,000

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

Hone

Garage and car capacity

193
446
.371..
364
343
••410.

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

All homes

Amount

$ 150,850
447,470
...U30.200.,
753.300
921,700
.1,482,500.

Total

Percent
of total

New
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

100.0

Existing
homes

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

Number

Percent

102,249
20,881

-5.187
23.671

-5.1
113.4

27.766
11.771

l4i,6l4

Metropolitan district

Not for
sale or
Percent rent

123.130

18,484

15.0

39.537

!

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

25.0
....47.2..
13.9
11.1
2.8..

^yj
homes

74.3
70.5
1.6
8.3
5.5... ....18.3
1.3
1.5

New
homes

Average
FHA
value of
property

11.550 a
4.809
4.879
4.954

100.0

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

g55 a
5.675 a
a
l,o69 a
6 . 3 l 3a
8,000 . . ..3»ooo a

7

100.0

Total

100.0

10.8
10.6
10.6
16.5
15.7
15.la
16.9 a
37.5 a

100.0

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes
77.8
22.2
-

100.0

Average
FHA
value of
land

$568

All
homes

Number of rooms

1.9

519
517
527

Existing
homes

50 or less

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

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
.

80.5
17.6

Total

1.2
$ 2,719 a
23.6
3.597
....39.8.. ....4,390...
20.0
5.335
12.1
6.555
1.2

Amount of mortgage
as a percent of
FHA valuation
of
P r °P e r t y

7...

Wood
Brick
Stucco
Other

.2

916,727

Table 6.—Mortgage as a percent of value, 1940

New
homes

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

Number

25.716
5.297

1940

97.062
fa. 552

I n central city
Outside central city.

For sale or rent

Increase

1930,
estimated
by FHA

1930

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 . . . . . . . . 1 6 . 4
32.50
1.81 a
14.4 a
5.9
11.8
l.52a
4o.75 a
l4.3»
a
....1.17a...
I0.7a
2.9.. . . . 4 4 . 0 0 a
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

1930,
estimated
by F H A

1930
Number

Percent

1940

118,410
15.975

Metropolitan district

114,946
11,612

3,464
^.363

3.0
37.6

33.003
4,132

126,558

7.827

6.2

37.135

31,851

For sale or rent

N o t for
sale or
rent
Percent

Number

29.1^5
2,706

13^.385

I n central city
Outside central city

Increase

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

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

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

Existing
homes

All
homes

Percent distribution
1-family homes

53.3
1.0

Other

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

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

756
860
1.057

$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

New
homes
4
5
6
7

33.8
35.2
....25.I...j
5-9

Total

3.0
42.2
42.0
12.8

100.0

rooms or less
rooms
rooms
rooms or more

100.0

Existing
homes

100.0

Table 11.—Averages by borrower income groups for 1-family homes, 1940

Average
FHA
value of
property

4,510
^,603
4,045

86.4
6.3
%.o

....3:u6
5.9
Total

5.670
5.357
6,276

100.0

Percent distribution
1-family homes

Existing
homes

90.1

Wood
Brick

100.0

,

Number of rooms
New
homes

25.1

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

Percent distribution 1- to 4family homes

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

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

1.785.293

60

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

5.230

Amount of mortgage
as a percent of
F H A valuation
of property

Total

Garage and car capacity

$ 301,062
350.385
105,989
216,609
324,346
.486,902

Table 6.—Mortgage as a percent of value, 1940

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

Amount

889
1.037
233...
616
1,021
1,434...

1934-40

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

Property improvement
notes

Existing homes

Amount

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,
estimated
by F H A

Percent

1940

Number

98,610
13,118

1930
Number

For sale or rent

Increase

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
386,972
68.385

Metropolitan district

364.161
53.524

22,811
14,861

6.3
27.8

112,249
17,828

455.357

I n central city
Outside central city

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

All
homes

7.7

10.1
33.3
....11.3...
11.1
34.0

8.4
27.8
6.7
22.8
33.4

27.3
33-1
1.3

.2

.9

100.0

100.0

Garage and car capacity

86
81
76
71
61

to
to
to
to
to

50 or less

Total

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

$ 2.633

10.8

Average
FHA
value of
land

a

5,4O4
6,576
...8,691..
12.530
5.554
5,868
6,031

73.9
15.9

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

11.1
11.9
13.7

.1,868.,
2.838

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

Q

100.0

Total

Average
FHA
value of
property

Existing
homes

68.2
20.8

Other

AH
homes

100.0

100.0

Number of rooms
New
homes

Wood
Brick

Existing
homes

Percent distribution
l - f a m i l y homes

Percent distribution
l - f a m i l y homes

100.0

Percent
distribution

New
homes

Table 9.—Size of home, 1940

Exterior material

Table 10.—Averages by property value groups for l-family homes, 1940

F H A valuation of property

Percent distribution 1- to 4family homes

100.0

Total

Table 8 — Material of construction, 1940

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

100.0

A l l others

Percent distribution all 1- to
4-family
homes

No garage
1-car garage
2-car g a r a g e . . . . . . . . . . . .
3-car garage




Amount of mortgage
as a percent of
F H A valuation
of property

448

Table 7.—Capacity of garage, 1940

Note:

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
24.6
59.9

4 rooms or less
5 rooms

100.0

7 rooms or more

Existing
homes
3.5
55.7

1.9

15.6

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
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
...54.39.... . . . . 1 . 7 9 . . . . ...14.7
....3.5..
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,
estimated
by F H A

1930
Number

Percent

Increase

1940

Number

For sale or rent

Not for
sale or
rent
Percent

Number

101,268
45.754

;

Metropolitan district

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

I n central city
Outside central city

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

New
homes
45.8
35.5
,...16.2....
2.5

7 rooms or more

100.0

Total

10.3
44.0
31.6
14.1

100.0

4 rooms or less
5 rooms

Existing
homes

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,
estimated
by F H A

1930
Number

Percent

1940

Number

Not for
sale or
rent
Percent

62,693
20,677

Metropolitan district

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

82,240

1.130

1.4

25.474

22,377

3.097

13.8

Number

657
123

89

Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I

.

3-2
2.1

20,362
5.981

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
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
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

$2,655*

36.7

. 28.6.
8.2
12.2

..4.1.,

A glossary of tsras used i s Included I n the Appendix.




75.5
10.2

.8

Average
FHA
value of
property

%

10.2

New
homes

.15.8*

11.8 a

15.8*

a

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
5.9
10.5

90
85
80.
75
70

-

Total

100.0

100.0

100.0

Table 9—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

4.1

100.0

Total

608,646

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

780

50
39

83.370

I n central city____
Outside central city

For sale or rent

Increase

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

a

2.37
b
b

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

Percent

3.396.808
1.102,318

Metropolitan district

3.376.438
998.104

20.370
104,214

*.37*.5*2

124.584

2.8

1930,
estimated
by F H A

1940

0.6
10.4

M99.126

I n central city
Outside central city.

Increase

a

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

Number

7
1.369

Garage and car capacity

Total

New
homes
26.0

6.1

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
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

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

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

$*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.

100.0

Percent distribution
1-family homes

3.*
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

100.0

Table 9.—Size of home, 1940

Existing
homes

100.0

Land as a
percent of
property
value

All
homes

Number of rooms

3.3

Average
FHA
value of
land

Existing
homes

5*.o

50 or less

39.1
57.*

Total

2.2
,.13.7.
*1.2

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

100.0

.11.8.

100.0

of

Exterior material

47.4
27.9
22.7
2.0

Percent
distribution

"

123.3*0

Amount of mortgage
as a percent of
F H A valuation

Table 8.—Material of construction, 1940

Table 10.—Averages by property value groups for 1-family homes, 1940

F H A valuation of property

6.6

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

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

Amount

Table 6.—Mortgage as a percent of value, 1940

^jj

Existing
homes

100.0

Total

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*

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

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

I n central city. ..
Outside central city

59.305
6.459

Metropolitan district

57.510
5.357
62,867

2,897

Percent

1.795
1,102

65.764

,

1930,
estimated
by F H A

2O!6

17.301
1,710

4.6

19,011

!

1

1,906
409

12.4
31.4

16,696

1940

Number

15.395
1,301

1930
Number

For sale or rent

Increase

Not for
sale or
rent
Percent

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

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

135

4i6

1,319.100

Mortgages
insured under
Section 207
or 210 of
Title I I

.

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

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

1.4

5.7
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

.7

100.0

100.0

100.0

Table 9.—Size of home, 1940
Percent distribution
l - f a m i l y homes

Existing
homes
73.2
14.1
7.1
5.6

New
homes
4
5
6
7

rooms or less
rooms
rooms
rooms or more

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

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

of

Exterior material

Table 10.—Averages by property value groups for l-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

Total

2.767

homes

100.0

Table 7—Capacity of garage, 1940

^

Existing
homes

2.3

Total

$ 282,^15
158.365
....33,736
15MU8
222,489
•••252,204

Table 6.—Mortgage as a percent of value, 1940

New
homes

...26.0... ....37.7...
11.6
9.2
26.1
22.1

638
^33
..70.
318
563
.71*5..

1,977.550

34.0

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 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

Mortgages:
Number
Amount
Projects:
Number.
Dwelling
units

A l l homes

Amount

&

Total
1935-40

Number

$ 17.000
83,750

3
17
7....
7

1935-40

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

Percent

1930, •
estimated
by FHA

1940

Increase

For sale or rent

Not for
sale or
Percent rent

Number

Number

105,087
57.479

Metropolitan district

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

I n central city..
Outside central city.....

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

All
homes

...18.6...
1 46.7
26.7

100.0

86
81
76
71
61

to
to
to
to
to

90
85
80
75
70

Percent distribution 1- to 4family homes
New
homes

Other

Average
FHA
value of
property

Average
FHA
value of
land

Is

50 or less

[...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

72.1
20.9
2.3
4.7

100.0

Land as a
percent of
property
value

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

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

Total

100.0

100.0

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

-

Total

Existing
homes

Number of rooms

94.7
5.3

Wood
Brick

100.0

Percent
distribution

Amount of mortgage
as a percent of
FHA valuation
of property

100.0

New
homes

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.




Table 6.—Mortgage as a percent of value, 1940

Exterior material

19.5
67.8
11.9
.8

1,791.702

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

5.2*19

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

New
homes
37.3
49.3

4 rooms or less
5 rooms
7 rooms or more

Existing
homes
14.0
39-5

2.7

20.9

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
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
45.00
1.80
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

84.637
20,622

Metropolitan district

85,864
17,340

105,259

I n central city....
Outside central city

Occupied

103,204

Vacant, 1940

1
1

jPercent

1940

Increase

1930,
estimated
by F H A

For sale or rent

Not for
sale or
Percent ; rent

Number

-1.4
18.9

-1,227
3,282

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

Total

Newhomes

homes

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

Wood
Brick

85.O
12.6

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;

2.4
..20.5..
42.3

31.6

..2.4..

Other

2.U
100.0

Newhomes

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

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
*

Existing
homes

4.3

All
homes
38.2
10.2

....63.S...
15.4
9.4

6.2

2.7
100.0

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"

916,890

3.109

60.6
16.2

Total

100.0

Total

A glossary of terms used is included in the Appendix.




Pr°Perty

86 to 90
81 to 85
76 to 80
71 to 75
61 to 70
51 to 60
50 or less

.7

5,624
6,069
5,424

100.0

of

74.8
lU.U

Average
FHA
value of
land

$ 115,4U8
130,616
U9.C18
142,312
197,328
282,168

Percent distribution 1- to 4family homes

Existing
homes

Average
FHA
value of
property

451
1«SV..
420
664
i n;>K...

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 , 9 9 9 . . . .
10,000 or more

Amount of mortgage
as a percent of
F H A valuation

^yj

Existing
homes

New
homes

100.0

Amount

Table 6.—Mortgage as a percent of value, 1940

Exterior material

28.0
56.6
lU.6
.8

Percent
distribution

!

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

F H A valuation of property

L
j
1
'
I

1934-40

Table 8 — Material of construction, 1940

Table 7.—Capacity of garage, 1940

Total

1934-35
1936
1 037.
1938
1939
icwy

4.704,250

100.0

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

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

Percent

Increase

1930,
estimated
by F H A

1940

Number

For sale or rent

N o t for
sale or
Percent
rent

Number

75.503
13.981

Metropolitan district

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*

I n central city
Outside central city

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.




^

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

7*5.*90

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

2.33*

Table 6.—-Mortgage as a percent of value, 1940

-

100.0*

New
homes

100.0

100.0

112,051
130,0*7

1934-40

Exterior material

35.8
58.2
6.0

11.1

328
*39

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

$138,706
102,593

1938
1939
194 0

homes

22.0
....26.5...
4.6
46.9

428
305

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

Amount

1934-35
1936

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

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

Metropolitan district

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

I n central city
Outside central city

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
,...60.27... ...1.69.... ...16.1
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

1930,
1 estimated
by F H A

1940

For sale or rent

Number

Not for
sale or
Percent
rent

Total

Number

Percent
of total

156.492
23,447

151.543
37.011

Metropolitan district

Percent

Increase

188.554

1

-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

80
139
•355"
687

1935-40

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

100.0

75.3
5-4

$ 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

6.4

100.0

Land as a
percent of
property
value

All
homes

100.0

100.0

Percent distribution
1-family homes

Existing
homes

1.4

Average
FHA
value of
land

Existing
homes

Table 9.—Size of home, 1940

New
homes
4
5
6
7

100.0

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-,

$ 37.050
235.950
...261,400..
391.700
625,400
.1,516,400..

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

Percent

1930,
estimated
by F H A

1940

164,292
45,581

Metropolitan district

168,592
38,562

-4,300
7,019

-2.6
18.2

207,154

2.719

1.3

Not for
sale or
rent
Percent

Number

Total

Percent
of total

Number

43,441
9,166

47.549
11,684

209.873

I n central city
Outside central city

For sale or rent

Increase

59,233

!

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

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

16.5

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 , 9 9 9 . . . .
10,000 or more
A l l groups: 1940
1939
1938
Note:

New
homes
69.1
17.3
....IO.3..,
.7
2.6

Total

100.0

2.3
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

All
homes

72.9-..
18.8
5.9

54.4
13.5

-•Vr
5.X

1.2

.2

100. c

100. c

-

Table 9 — Size of home, 1940
Percent distribution
1-family homes

Existing
homes
82.5
10.0
5.0
2.5

100.0

Other

Existing
homes

Number of rooms

84.3
12.7
7.

A glossary of terms used i s included i n the Appendix.




90
85
80
75
70

100.0

Wood
Brick

1.874.984

Percent distribution 1- to 4family homes

50 or less

1.6

New
homes

100.0

0.3
10.^
.22.8..
34.4
27.4
..4.4..

ki.e

to
to
to
to
to

Exterior material

15.3
65.8
18.1
.8

Percent
distribution

1.7
53.5

86
81
76
71
61

9.8
I8.5

13.6
43.2

19.6

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

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

Total

9.0
13.3

All
homes

Existing
homes

$ 253,921
23U, 506
'
, 57,811
411,812
503.740
•413,194

Table 6.—Mortgage as a percent of value, 1940

Table 8—Material of construction, 1940

Table 7—Capacity of garage, 1940

No garage
1-car garage
2-car garage
3-car garage

4.384,570

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

713
...181..
1.043
1,488
.1,300..
5.574

1,187,100
.1,611,500

100.0

Total

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

New
homes
20.1
42.1

4 rooms or less
5 rooms

100.0

H

Existing
homes
1.3
37.5

Xk

Total

30.0

100.0

7 rooms or more

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

Percent

1930,
estimated
by F H A

1940

For sale or rent

Increase
Number

Not for
sale or
rent
Percent

Percent
of total

54.097
23,116

Metropolitan district

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

I n central city
Outside central city

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

Number

23
57

107,300
238,800
1,171,620

1938
1939
1935-40

Table 4.—Rental projects

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Amount

Number

Amount

17
55

$ 77.400
280,630

31
62

151,800
256,600

332

1,520.080

79

$ 15.500
98,820

3
15

A l l homes

$ 61,900
181,810
.....22,250....
44,500
17,800

14
40
L....3
8
5

253

1935
1936

348,460

Mortgages
insured under
Section 207
or 210 of
Title I I

Type of institution originating mortgages

Percent distribution of amount of
1- to 4-family home mortgages
All
homes

20.2

36.2

20.8

Mortgage companies
Insurance companies

None

Existing
homes

National banks
State banks

1.8
22.7

63.8

1.8
24.3

A l l others

7.1
100.0

b

t £ y

t

Exterior material

N o garage
1-car garage

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

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

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
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

New
homes

Number of rooms

3.5
Total

Table 10.—Averages by property value groups for l-family homes, 1940

F H A valuation of property

F H A valuation
of property

100.0

86.5

homes

1.216.192

Percent distribution 1- to 4family homes

Amount of mortgage

Percent distribution
l - f a m i l y homes

0

$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

3.656

Table 8—Material of construction, 1940

Percent distriGarage and car capacity

1934-35
1936
1937
1938
1939
1940....

Qcn

Table 6.—Mortgage as a percent of value, 1940

New
homes

Table 7—Capacity of garage, 1940




ill

Table 5.—Type of originating mortgagee, 1940

Total

Hot*:

Property improvement
notes

Existing homes

Amount

Number

Total
1935-40

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,
estimated
by F H A

1930
Number

Percent

1940

For sale or rent

Increase
Number

N o t for
sale or
Percent
rent

78,753
31.603

Metropolitan district

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

I n central city
Outside central city

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

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

4
28
.40..
k8
77
.75..

1935
1936
1937.
1938
1939
1940..

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

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

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 , 9 9 9 . . . .
10,000 or more
A l l groups: 1940
1939
1938

Average
FHA
value of
property

$3.*19
...4,389..

•27.9.
20.9

$318
449...
590

...8,492 ^

9.3

.10.2

4,889

5.0

.25.0.
50.0
15.0
a

$3,750*
. . . 4 , 4 0 0 b.

11.0
10.6
.12.4*

511

10.5

h
...1,050^.

$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

18.6

..3.5.

100.0

Average
FHA
value of
land

90.7
7-0
2-3
100.0

Total

29.1

83-7

10.5
..5.S..

...14.7*

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
...35.0
....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

.95.0.

All
homes

Number of rooms
New
homes

46.2
4 5.7
8.1

Percent
distribution

-

-

100.0a

Existing
homes

New
homes

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

2.025,586

Percent distribution 1- to 4family homes

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

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

5.989

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

2.16

g
5.0

35.19

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
6,078

87
48

17.4

963
555

2.7
8.7

36,244
6,371

135

1,518

3.6

42,615

12.9
55.3

34,884

Total

Percent
of total

Number

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
1934-35
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

86
81
76
71
61

50 or less

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
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

Percent
distribution

1.1

6.8
.26.1.,
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°

68.4
10.5

a

100.0a

100.0

Percent distribution
1-family homes

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

All
homes

Table 9.—Size of home, 1940

Existing
homes

71.6
25.0
1.1....
2.3
Total

100.0

Existing
homes

Number of rooms
New
homes

Table 10.—Averages by property value groups for 1-family homes, 1940

F H A valuation of property

New
homes

100.0

Total

Wood
Brick
Stucco.
Other

1.309.319

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

Exterior material

44.9
40.2
l4.o

1

3.915

Percent distribution 1- to 4family homes

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

Total

!

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

No garage
1-car garage
2-car g a r a g e . . . . . . • • . • • .
3-car garage

154,964
347.516

Table 6.—Mortgage as a percent of value, 1940

Total

Garage and car capacity

444
908

1934-40

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

$ 185,003
185.234

1,500,150

368

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

1

I89

676
638

1938
1939

$ 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

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

I n central city.
Outside central city

1930,
estimated
by F H A

Percent

U

67.447
10,902

Metropolitan district

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

4,163
1,305

27.7
83.5

16,616

1940

Number

15.053
1.563

1930
Number

For sale or rent

Increase

Not for
sale or
Percent
rent

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

77

New
homes

Existing
homes

All
homes

78.0

87.4

22.0

5.1

3.2

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
A l l groups: 1940
1939
1938

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*®

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

Existing
homes

New
homes
43.8
24.6

71 to 75
61 to 70
51 to 60
50 or less

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

All
homes
39.2
22.0

5.4
2.C
1.5..

16.7
4.1

6.6
2.2

-

Total

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

875.304

Percent distribution 1- to 4family homes

86 to 90
81 to 85

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

Note: A glossary of terms used it
on fewer than 6 cases.




2,172

Percent distribution
1-family homes

17.6
74.9

••7.4.
3.5

7.5

"

100.0

$ 167,827
149,814
...50,593
120,273
157,442
••229.355

388

351
.127.
288
384
.634.

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

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

3.033.391

1934-35
1936
1937....
1938
1939
1940....

Table 8.—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

F H A valuation of property

559

8.3...

Total

Table 7.—Capacity of garage, 1940

Total

$ 341,450
784,741
...592,050
438,500
387,800
...Ugg,850

62

88.5

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies
Savings banks
A l l others

1

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

New
homes
41.9
30.0
. . . .21.7...
6.4

7 rooms or more

100.0a

S3
21.7

100.0

4 rooms or less
5 rooms

Existing
homes

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

For sale or rent

N o t for
sale or
Percent
rent

Number

Number

143.369
38,234
1

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

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

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

86
81
76
71
61

to
to
to
to
to

New
homes

90
85
80
75
70

Existing
homes

49.2
18.9
18.6...
6.8
5.4

50 or less

.1
Total

"

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

57.2
27.8

$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

22.0
22.6
a

6.7

100.0

Land as a
percent of
property
value

14.7
10.3

All
homes
4l.O
15.8
...27.4
8.1
"
6.2

1.3

.2

100.0

100.0

100.0

Table 9.—Size of home, 1940
Percent distribution
l - f a m i l y homes

Existing
homes

12.5

Hote: A glossary of tsras used is included i n the Appendix,
based on fever than 6 cases.




J.S
6'1
24.1

Percent distribution 1- to 4family 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

32.9
49.8
16.9
.4

Percent
distribution

20.1

Exterior material

Table 10.—Averages by property value groups for l-family homes, 1940

F H A valuation of property

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

7,473.781

Table 6.—Mortgage as a percent of value, 1940

.2
100.0

$ 1,148,660
1,290,805
....336,246
922,811
1.597,090
..2,178,169

17.426

All
homes

27.2
32.2
5.8...
ill?
22.4

2,988
3,049
...7U8.
2,080
3,680
.4,881.

24,466,499

4,632

Existing
homes

Amount

1934-35
1936
1937....
1938
1939
1940....

Table 8.—Material of construction, 1940

Table 7—Capacity of garage, 1940

Total

Number

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

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,
estimated
by F H A

1930
Number

Percent

1940

Number

115.960
19.115

Metropolitan district

117.804
15.659

-1,844
3.*56

-1.6
22.1

31.271
4,649

28,874
3,460

133.*63

1,612

1.2

35.920

32.33*

N o t for
sale or
Percent
rent

2.397
1.189

135.075

I n central city...
Outside central city

For sale or rent

Increase

3.586

Number

55
92

893
136

2.8
2.8

32.219
*.S77

1*7

11.1

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

Amount

57
126
,...109....

205,800
478,300

55
40
40....

1.779.500

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

New
homes

None

Existing
homes

All
homes

37.8
16.9
.17.8.

National banks
State banks
Savings and loan assns.
Mortgage companies
Insurance companies
Savings banks
A l l others

88.8
..5.1.

46.5
15.1
.15.6

6.1

Garage and car capacity

Total

17-3

14I3

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
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

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
...16.2
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.




Land as a
percent of
property
value

15.9
20.8
20.7
a

All
homes

100.0

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes

78-5
18.4

Existing
homes
73-7
21.0

1.8

5.3

100.0

Total

Existing
homes

Number of rooms
New
homes

100.0

Percent
distribution

New
homes

Percent distribution
1-family homes

Wood
Brick
Stucco. . . . . . . . . . . . . . . . .
Other

1,301.458

Percent distribution 1- to 4family homes

100.0

Total

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

71 to 75
61 to 70

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

New
homes
4 rooms or less
5 rooms

56.3
23.4

7 rooms or more

100.0

Existing
homes
10.5
36.9

2.6

23.7

100.0

Total

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 ®
60.50
14.0®
1.56
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
8.2

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

10, 778, 225
5, 505, 276
2, 218, 287
60.0

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

» 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.
b
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,
estimated
by F H A

1930®

1940

Increase

a

Number

Percent

1940

Number

For sale or rent

Not for
sale or
Percent
rent

Number

319.077
115.331

Metropolitan district.

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

I n central city
Outside central city

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

1.9
2.1

All
homes
71.0
9.1

78.5
9.9

71 to 75
61 to 70
51 to 60
50 or less

Existing
homes

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
65 9
. 0
...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
....12.1
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

Percent

128,163
65,052

..

Metropolitan district

119,798
48,791

8.365
16,261

7.0
33.3

24,626

14.6

48,790

i

Number
4,304
4,635

14.8
43.4

24
247

880
367

2.6
2.3

34,377
15.931

39,851

33,473
15.317

168,589

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
A l l groups: 1940
1939
1938
Note:




-

H.5

100.0a

New
homes

Average
FHA
value of
property

7.8
$2,747
26.6
3.497
. . . 4 4 . 4 . . , . . . 4 289
5,292
l4.o
5.1
6,489
8... . . . 8 , 3 3 3 * . j
12,000*
1.3
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

b
917*....
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*
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

Existing
homes

All
homes

83.6
g.l
4.8... ...81.3....
1.4
1.6
6.2
5...
...6.2....
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
Number of rooms

Existing
homes
31.2
56.2
6.3
6.3

100.0

Total

2,606,209

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

55.6
5.4
2.2
36.8

Wood
Brick
Stucco
Other

100.0

100.0a

-

1.4
52.0
33.9

New
homes

8.0
82.2
9.8

100.0

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

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

7,274

Table 6.—Mortgage as a percent of value, 1940

1.2

6.9

$280,722
^29,929
...109,163
426,1<27
606,788
•••753,180

5.719,120

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

Percent
distribution

Existing
homes

793
1,158
...308.,
1,155
1,700
•2 l60«

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
265
1.096,520
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

29,169
10,682

1940

193.215

I n central city
Outside central city

For sale or rent

1930,
estimated
by F H A

1930
Number

Increase

100.0a

New
homes
4
5
6
7

rooms or less
rooms
rooms
rooms or more

>9

Existing
homes

12.5
50.0
375

100.0

Total

67.7
22.1
4.3

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

*

1930
Number

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

Metropolitan district

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

I n central city...
Outside central city

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

Amount
• 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

"

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
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

Other

16.2

15.9
..2.3.
.7
100.0

All
homes

7.8

.5

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

New
homes

79-9
10.2
6.6... ...82.6
1.0
17>
1.7
6...

50 or less

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.

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

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

Existing
homes
56.5
a.7

33.1

Average
FHA
value of
property

Existing
homes

Number of rooms

100.0

Total

1.758.341

Percent distribution 1- to 4. family homes

90
85
80
75
70

100.0

45.0
a. 2

Wood
Brick

100.0

13.6
30.8
.20.5.

25.0
28.5

4,685

Table 6.—Mortgage as a percent of value, 1940

1.4
50.8
4.5
27.9
14.9

38.7

• 262,055
313.871
117,418
280.697
$5)676

1934-40

5.259.670

New
homes

14.1
75.2
10.7

Percent
distribution

Existing
homes

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

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

No garage
1-car garage
2-car g a r a g e . . . . . . . . . . . .
3-car garage

Number

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

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Mortgages:
Number
Amount.
Projects:
Number
Dwelling
units

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
1935-40

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

Ratio of
property
value to
income

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

100.0

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

lml

ll

1.94 b
..1.56...

2.06*
1.62*
1.20

....94 b
b..
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

4

Percent

292.9*2
39.535

Metropolitan district

253.1*3
22.983

39.799
16,552

15.7
72.0

276.126

56.351

20.*

9l.*01

|

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

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

Existing
homes

Amount of mortgage
as a percent of
F H A valuation
of property

All
homes

_

6.2
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
5.1

Wood
Brick
Stucco
Other

Percent
distribution

13.565

Table 6.—Mortgage as a percent of value, 1940

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.




1934-40

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

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

1934-35
1936

Table 8.—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

F H A valuation of property

Number

$ 770,050
195
2,119,070
a t . ....1,511.800
718
2,920,800
3.036.500
,...*.o*9.ioo

6.3

Table 7.—Capacity of garage, 1940

Total

Year

Amount

100.0

Total

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

Number

68.265
5.*8l

81.162
10.239

332.*77

I n central city
Outside central city

For sale or rent

Increase

1930, a
estimated
by F H A

1940

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

1930,
estimated
by F H A

1930
Number

Percent

1940

For sale or rent

Increase
Number

N o t for
sale or
Percent
rent

Percent
of total

167,402
74.367

Metropolitan district

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

I n central city
Outside central city

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
2.236,389

Table 6.—Mortgage as a percent of value, 1940

All
homes

8.8

.7

100.0

Percent distribution 1- to 4family homes

Amount of mortgage
as a percent of
F H A valuation
of property

New
homes

100.0

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

-

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

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes
22.8
62.9

100.0

Wood
Brick
Stucco
Other

14.9
73.8
.11.3

100.0

Number of rooms

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

New
homes

100.0

ii*3

4
5
6
7

17.4
65.8
....10.2...
6.6

rooms or less
rooms
rooms
rooms or more
Total

Existing
homes
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.
6,674

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

1930,&
estimated
by F H A

1930*
Number

Percent

1940

267.583
140,268

Metropolitan district

259.678
128.339

7.905
11.929

3.0
9.3

388,017

19.834

! 5.1

Number

Not for
sale or
rent
Percent

Number

106,534

i

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

78.0
65.4
9.4
7.9
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

1

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

$ 2.648
3.444
...4.500.,
5.296
6.483
...8.641.,
12,028
5.087
5.393
5.587

2.6

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

70.2
25.0

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

1.9

100.0

Total

100.0

Percent distribution
1-family homes

Existing
homes

91.8
5

Other

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

Percent
of total

64.263
30.935

71.820
34.714

407.851

I n central city..
Outside central city

For sale or rent

Increase

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

1930*
estimated
by FHA

1930*
Number

Percent

1940

For sale or rent

Increase
Number

Not for
sale or
Percent rent

Percent
of total

78,720
36,186

Metropolitan district—

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

I n central city
Outside central city

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

123
117
234

1935-40

Number

• 89.900
257,260
248,450...
475.150
408,850
816.900

11

642

2.296.510

• 220.150
99
334,430
174
160,550,., . . . . 1 2 1 . . . .
162
104,750
144
72,850
142,650
269

327

1,035,380

3,331,890

969

New
homes

Existing
homes

All
homes

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies
Savings banks
All others

1
• 295,000
1

80.4

67.1

78.5

80

Total

Table 7.—Capacity of parage, 1940

2...
2.4
16.4

9.6
23.3

.6

-

100.0

Average
FHA
value of
property

Average
FHA
value of
land

100.0

4 r 081
c
e

18.4
• 2,593
26.3
. . . 1 0 . 5 . . . ...4,175*
23.7
6,833*
7.9
13.2

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*

Percent distribution 1- to 4family homes
New
homes

Total

Existing
homes

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

*

Existing
homes
71.1
18.4
2.6
7.9

100.0

Land as a
percent of
property
value

1,029,545

Number of rooms

6.3
Total

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

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

•5
100.0

90.5
3.2

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

17.4

New
homes

100.0

• 207.506
195.052
73,282
122,052
186,578
245,075

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

Percent distribution
l-family homes

Wood
Brick
Stucco
Other

2,627

Amount of mortgage
as a percent of
FHA valuation
of property

Exterior material

10.0
70.3
7
1.0

Percent
distribution

.2

100.0

1*12
81...
323
533
682

1934-40

Table 8.—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

FHA valuation of property

1934-35
1936
193 7
1938
1939
1940

Amount

Table 6—Mortgage as a percent of value, 1940

nating mortgages

Total

Number

$ 310,050
591.690
409,000
579,900
481,700
959,550

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

All groups: 1940
1939
1938

Number

72
101
53....
39
27
35

Mortgages

Garage and car capacity

Amount

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Mortgages:
Number
Amount
Projects:
Numher
Dwelling
units

All homes

Existing homes

Amount

27

Total
1935-40

Total

Number

100.0

New
homes
4 rooms or less
5 rooms
6 rooms
7 rooms or more

Existing
homes

10.3
62.5
22.9
4.3
100.0

Total

2.6
39.5
36.8
21.1
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

Percent

Increase

1930,
estimated
by FHA

1940

Number

Percent

For sale or rent

Not for
sale or
rent

Number

78,00*
15.613

Metropolitan district

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

I n central city
Outside central city

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
Year

Number

Amount

22
60
76...,
156
191

1938
1939
1935-40

3,657.880

Table 4.—Rental projects

68U.131

182

Type of institution originating mortgages

Year
Number

Amount

5U
95
....110...,
192
212
....313...
976

1934-35
1936

22*
23U
55..,

1938
1939

$ a7.5oo
U13.730
509,200
807.200
988,700

197
336
325..

U,3*2,011

Percent distribution of amount of
1- to 4-family home mortgages

Amount of mortgage
as a percent of
FHA valuation
of
P r °P e r t y

Existing
homes

29.5
37.9

23.8
20.*

29-1
36.5

86 to 90
81 to 85

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

3.*
3O.5
.5

100.0

100.0

100.0

36

Percent distribution all 1- to
4-family
homes

No garage
1-car garage
2-car garage • • • • . • • . . » •
3-car garage
Total

Wood
Brick
Stucco • • • . . • • • . . • • • • • •
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
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

Average
FHA
value of
property

Average
FHA
value of
land

Land as a
percent of
property
value

0.7
22.9
.33.2.
16.*
20.7
..U.7.
1.U

$ 2,750*
3.513
, ..*,*22...
5.U20
6.U68
,..8,U23
12.375*

$ 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*

.16.0.
32.0
20.0
..U.O.

8.0

6.730*
.8.500
10,750*

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.

15.0
16.0
.17.6
a.9*

55:15
19.8

Existing
homes

All
homes

-

100.0

Total

100.0

100.0

Percent distribution
1-family homes
Number of rooms

Existing
homes

29.6
62.2
8.2
100.0

Table 10.—Averages by property value groups for 1-family homes, 1940

FHA valuation of property

New
homes

Table 9.—Size of home, 1940

Exterior material
New
homes

6.8
75.6
16.1
1.5

Percent distribution 1- to 4family homes

Percent distribution
1-family homes

?
•

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

Table 7.—Capacity of garage, 1940

Garage and car capacity

homes

boo

1

$ 83,592
89,9**
.....23,803
7*. 229
ia.107

Table 6.—Mortgage as a percent of value, 1940

National banks
State banks
1
$ 80,000

Amount

1.371

1934-40

New
homes

Total




All homes
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..

Amount

$ 116,700
32
125.U50
P . . . , ....116,000
133.700
36
90,700
a
2U...

$ 100,800
288.280
393,200..J
673.500
898,000

79U

1935
1936

Property improvement
notes

Existing homes

New homes
Number

Total
1935-40

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

Percent

1930,
estimated
by F H A

1940

62,107
25,896

Metropolitan district

48,282
19,970

13,825
5,926

28.6
29.7

68,252

19,751

28.9

N o t for
sale or
Percent
rent

Number

Percent
of total

22,319

47.2
36.3

18
12

185
175

1.1
2.8

16.493
6,216

15,489

|

5.225
1.605
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

Property improvement

Existing homes

A l l homes

Number

Amount

86

149

8
2

4 478,200
163.113

235
318

98.500
59.700

277

1.090,213

1.902

Number

1,067,200
1,250,800

6.949.556

#
J

968,700
1,191,100

Number

Year

$800,050
1,214,306

242
335

1935
1936
193 7
1938
1039

Amount

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

$34,000
1

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

Existing
homes

All
homes

4lTl

19.7

15.3

25.6

39 >7
2
44.1
16.0

100.0

-

1

2,850

1,347,615

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
4.1

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

}

U

19.0
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

21.7

18.7
b
b

A l l groups: 1940
1939
1938

16.4 c
.17.3
18.8
17.5°

.25.0®
c

1,010
b
b
R

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

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

100.0

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies
Savings banks. . . . . . . . . . . .
A l l others

1

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

11,065
4,424

16.290
6,029

88,003

I n central city..
Outside central city

For sale or rent

Increase

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

c

20.6c
18.2 c
16.2 «
13.4

1.35®

c

11.0

1.65
b
b

38.67
b
b

Distribution based on fever than 26 cases. * D a t a not available.

13.1
b
b

c

14.2
1)
b

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

Percent
10.3

------

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
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

136,201
20.897

Metropolitan district

137.576
17.814

-1.375
3.083

157.098

I n central city
Outside central city

155.390

Percent

1,708

Increase

1930,
estimated
by F H A

1940

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

%

272

932.350

Type of institution originating mortgages .

1934^35
1936
1937-....
1938
1939
194 0

1.506,350

391

National banks
State banks
Savings and loan assns..
Mortgage companies
Insurance companies
Savings banks
A l l others

Hone

Existing
homes

55-2

20.7

70.1
1.4
..1.5..
5.7
20.0

1.3

1.3

..4~8..

18.0

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

Garage and car capacity

No garage
1-car garage
2-car g a r a g e . . . . . . . . . . . .
3-car garage
Total

50 or less

Percent distribution
1-family homes

92.0
Wood
Brick
Stucco................. ....1.6
Other
3.2

H

•9

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:




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

All
homes

100.0

100.0

Percent distribution
1-family homes
Number of rooms

New
homes

100.0

Existing
homes

Table 9.—Size of home, 1940

Exterior material

27.1
62.7
9.3

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

H

Table 8.—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

1,817,541

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

Total
Table 7—Capacity of garage, 1940

$ 234,894
259,886
....87,926
331.351
1*23,926
...479.558

Table 6.—Mortgage as a percent of value, 1940

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

552
648
...204.,
779
95U
.1,191*..
4,331

$ 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

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

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

Percent

780,106
130,971

Metropolitan district

735.962
96,296

44,144
34,675

6.0
36.O

832,258

78,819

9.5

256,712

|

Number

184,945
22,706

223,439
33.273

911.077

In central city
Outside central city

Not for
sale or
Percent rent

19§0, *
estimated
by FHA

1940

For sale or rent

Increase

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

All homes

Number

$ 333.350
1,205,290
.1.389.950.
4,129,100
U,955,100
.6,625,000.

305
1.179
.1,013..
1*30
305
...294.

$ 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

Mortgages
insured under
Section 207
or 210 of
Title I I

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Type of institution originating mortgages

$2,895,800
8

14.6
3-1
3-939.1
28.4

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

10.3

to 90
to 85
to 80
to 75
to 70

100.0

New
homes

100.0

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

100.0

100.0

Table 9—Size of home, 1940
Percent distribution
l-family homes

Existing
homes

67.8
16.6
8.6...
7.0
Total

All
homes

Number of rooms
New
homes

.2

Existing
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
1.2 . . .
5
....2.1...
8
.1
.2
•9

50 or less

8.6

Wood
Brick
Stucco
Other

13,421,297

Percent distribution 1- to 4family homes

Percent distribution
l-family homes

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.




86
81
76
71
61

Exterior material

100.0

100.0

16.1
3.4
33
38.3
27.9

100.0

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

23.5
4.6
4...
34.5
25.6

$ 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

I8.3
71.8

Percent
distribution

All
homes

10.7

Percent distribution all 1- to
4-family
homes

FHA valuation of property

Existing
homes

100.0

Total

Table 7—Capacity of garage, 1940

Total

New
homes

All others

697

No garage
1-car garage
2-car garage
3-car garage

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

8

Garage and car capacity

.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

Table 4.—Rental projects

Total
1935-40

Year

Amount

83
281
...317.
881
1,029
.1,1*27.

1935
1936
1937.
1938
1939
1940.

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

Percent

6.023
605

10.7
5.8

66,591

6,628

| 10.0

21,657

N o t for
sale or
rent

Number

3.183
368

20.8
13.2

57
28

420
51

2.2
1.6

18.977
3.236

18,106

I

Percent

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

Wood
Brick

A l l groups: 1940
1939
1938
Iota:




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

Percent distribution 1- to 4family homes
New
homes

Land as a
percent of
property
value

Average
FHA
value of
land

10.3
..9.9
10.4
13.2
.19.4 a
16.5

554
88?
.1,6004..

2.000

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

A glossary of terns used is included i n the Appendix.

15.1
b
b
a

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

Existing
homes

6.4

764
b
b

20.0
3.3

3.0
3.9
.. . .1.2
3.7
88.2

73.3
16.7
6.7
3.3

100.0

Total

523.971

Number of rooms

85.9
7.7

Other
100.0

54.582
124,825
.....147,806

1.654

Amount of mortgage
as a percent of
F H A valuation
of property

100.0

New
homes

13.8
68.8
17.I1

3.4
13.3
.30.0.
30.0

403

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 , 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

Number

15.317
2.789

18,500
3.157

73.219

Metropolitan district

56.097
10,494

For sale or rent

1930,
estimated
by F H A

1940

62,120
11.099

I n central city
Outside central city

Increase

New
homes
4
5
6
7

100.0

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

Increase

a

Number

Percent

1930,
estimated
tfy F H A

1940

Number

For sale or rent

Not for
sale or
rent
Percent

Total

Number

Percent
of total

143,422
31.573

Metropolitan district

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

I n central city
Outside central city

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..

15
55
..83.
116
185
• 479* •

25
25
•.42..

$ 133.850
315.875
...U71.300..
114,000
104,700
...160,300..

933

1939
194a.

$ 65.850
213.*75
...317.700.,
1*80,500
766,800
.2,036,600..
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

1.4

13.2

100.0

Wood
Brick

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

.51.2.
28.6
9-9

..2.2...
.4

100.0

20.5
27.3
13.6
..U.5,

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*

100.0

Percent distribution
1-family homes
New
homes

75.0
2

4 rooms or less
5 rooms

.4

Average
FHA
value of
property

100.0

Table 9—Size of home, 1940

13.6
9-1

7 rooms or more

100.0

Table 10.—Averages by property value groups for 1-family homes, 1940

All
homes

-

100.0

Total

Existing
homes

100.0

95-8
3.* . . . .
4

Other

Existing
homes

Number of rooms
New
homes

Total

0.2
7.5

New
homes

59-8
65.3
12.7
13.7
...17.7
. . . 1 3 . 7 . . . . ...63.O
19.6
3.0
1.4
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

Percent distribution 1- to 4family homes

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

All
homes

Exterior material

50.6
43.9
..5.5

Percent
distribution

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

1,816,244

Table 6.—Mortgage as a percent of value, 1940

14.1

Table 7—Capacity of garage, 1940

F H A valuation of property

Existing
homes

$ 295.581
267,683
...119,723
300,423
317.319
...515.515

4,766

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

867
672
...277..
647
851
.1,452.,

5,180.950

100.0

A l l others

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

Percent

159,819
24,154

Metropolitan district

142,559
18,404

17.260
5.750

12.1
31.2

160,963

23,010

| 14.3

For sale or rent

N o t for
sale or
Percent
rent

Number

Number

53.262

|

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

Mortgage companies
Insurance companies

*

A l l others
127

Garage and car capacity

160
393
321
483
....637."-

1934-35
1936
1937
1938
1939
1940

$ 616,050
1.377.5*9
1,305,100
2,005,700

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

100.0

Total

Wood
Brick
Stucco » « . . » • • • • • . . . . . . i
Other

Table 10.—Averages by property value groups for 1-family homes, 1940

1.0
21.2
.35-8.
23.1
15.4

1.6

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*

All
homes

100.0

51.7
12.6
25.1
M
*.2
•3
100.0

Percent distribution
1-family homes

Existing
homes

89.7
9.5
.8

57.7
26.9
9.0
6.4

100.0

Total

Existing
homes

Number of rooms
New
homes

100.0

Percent
distribution

100.0

Percent distribution
1-family homes

29.1
64.1
6.8

F H A valuation of property

New
homes

Table 9.—Size of home, 1940

Table 8—Material of construction, 1940

Exterior material

Total

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

Percent distribution all 1- to
4-family
homes

No garage
1-car garage
2-car g a r a g e . . . . . . . . . . . .
3-car garage




Number

1

Table 7.—Capacity of garage, 1940

Note:

Year

Amount

21.2
17.2

National banks
State banks
1
$ 550,000

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 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

38,078
*.53*

46,629
6,633

183,973

I n central city
Outside central city

1930,
estimated
by F H A

1940

Increase

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

Vacant, 1940

Occupied

Percent

1940

For sale or rent

Increase

1930,
estimated
by F H A

N o t for
sale or
Percent
rent

Number

82,364
5.427

Metropolitan district

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

I n central city...
Outside central city

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

Amount

Mortgages
insured under
Section 207
or 210 of
Title I I

P
355

Type of institution originating mortgages

Hone

368,200
647.900

702

2,716,700

New
homes

-

100.0

Percent distribution all 1- to
4-family
homes

New
homes

9.2

-

-

71 to 75
61 to 70
51 to 60
50 or less

100.0

100.0

Average
FHA
value of
property

$3,758
...4,484..

Average
FHA
value of
land

...8,883*.
12,500*
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 •

9-7
..9.1
10.0
11.3

$365
...409..
538
729
.1.350V
1.750

100.0

Land as a
percent of
property
value

21.6

.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...
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

New
homes
4 rooms or less
5 rooms

8.5

7 rooms or more

100.0

79.6

Existing
homes

43.1
46.4

#

3.9
Total

A l l groups: 1940




!*••

91.5
3-9

Other

.6

F H A valuation
of property

86 to 90
81 to 85

15.6

920,818

Percent distribution 1- to 4
family homes

Amount of mortgage

100.0

Wood
Brick

100.0

..2.0..

All
homes

9.8
62.9

New
homes

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

2,544

Exterior material

16.8
74.3
g.9

8.5

..76..
398
663
.748..

Percent distribution
l-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

348

1934-35
1936
1937 . . . .
1938
1939
194Q . . . .

Table 8—Material of construction, 1940

Table 7.—Capacity of garage, 1940

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

Total

F H A valuation of property

Number

$ 165.750
370,650

102
158

A l l others

Total

44
109

Year

Amount

$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

No garage
1-car garage

Number

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Garage and car capacity

A l l homes

1,100,950

36
88
71....
60

347

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Number

$41,700
105.350
103.900...
210.900

8
21
.....20....
49
98
...151....

1935
1936
193 7
1938
1939
1940

Total
1935-40

Total

Percent
of total

Number

13.6*
37.3

2.0

15.2

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

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

1930,
estimated
by F H A

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

Number

11.936
2,982

1940

;

Increase

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

48

P

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

55.5

67*1

4.6
26.1

2.6
41.9

4.2
28.7

-

-

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

Wood
Brick
Stucco . . . . . . . . . . . . . . . .
Other

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

$250a
355
g v
940 a




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.

a

9.7
b
b

"

a

All
homes

50 or less

-

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

99.4

91.2

.6

8.8
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 _

448
b
b

Existing
homes

66.5
17.1
. . . . 9 . 5 . . . . ...82.4
5.1
11.8
1.8
5.8

Existing
homes

100.0

Total

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

90
85
80
75
70

New
homes

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

to
to
to
to
to

100.0

New
homes

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

69*3

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

a
4

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

Percent

1930,
estimated
by F H A

1940

N o t for
sale or
rent
Percent

Number

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

Metropolitan district

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

Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I
%
New homes

Year

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

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
2
31

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 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

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

Note: A glossary of teras used i s included i n the Appendix,
district.




New
homes

14.4
15.2

20.6
20.6
21.3
ft

Estimated

Existing
homes

2...

100.0

Total

...64.2...
15.5
12.8
....5.7...
1.8

*9.1
10.1
24.9
7.*
5.9
1.9
.7

100.0

70.9
1*.7
.....7.7...
3.6
2.7
.2

All
homes

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes
Number of rooms

Existing
homes

Itt
5.6...
12.7

Table 10.—Averages by property value groups for 1-family homes, 1940

.25.2.,

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

100.0

New
homes

100.0

0.6
10.8

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

Percent
distribution

of

homes

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

.
J
Amount of mortgage
as a percent of
F H A valuation

Table 8—Material of construction, 1940

Table 7.—Capacity of garage, 1940

Total

100.0

Total

6,832,189

Table 6.—Mortgage as a percent of value, 1940

Aii

Existing
homes

$1,286,504
1,483,668
•376,777

24,268

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

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

Mortgages on 1- to 4-family homes

(

Mortgages:
Number...
Amount.
Projects:
Number
Dwelling
units

Total

Percent
of total

Number

520,636
113,*57

I n central city.
Outside central city

Total
1935-40

For sale or rent

Increase

a

a

*6.9
15.2
33.0
Xs
100.0

New
homes
16.1
59-3
....22.1...,
2.5

7 rooms or more
Total

1.8
46.4
28.9
22.9

100.0

4 rooms or less
5 rooms

Existing
homes

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

Number

Percent

Increase

1930,
estimated
by F H A

1930
1940

Number

Percent

For sale or rent

N o t for
sale or
rent

7 . U
57
1,8
12 0

Metropolitan district

8,3
09 5
1,8
05 4

- , 2
52 4
66
9

-6.5
66
.

2.2
17 6
31 6
.5

2,8
09 4
26 2
.0

72
4
5*
5

35
.
2.
13

7
5
1
3

15 0
,1
9
0

65
.
28
.

2.1
33 1
32 9
.5

8,9
69 1

I n central city
Outside central city

9.1
15 9

- , 2
45 8

-«
*9

2.8
48 2

2.8
35 6

12 6
.9

55
.

8
8

16 0
,0

60
.

2,7
65 0

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
1
2

$ 90 0
1,0
4,0
82 0

1938
1939

1
9
1
1

8,0
57 0
5,0
26 0

8
4

Amount

6
3

$8,5
1 77 0
2 23 0
5,0
....128,200...,
1 93 0
2,0
9,0
7* 0

3 86 0
5.0

i93
••*
•• 9
4
6
3

..

38
0

8 98 0
5,5

nating mortgages

29
.
7.
65

Mortgage companies
Insurance companies

•on®

A l l others

1 00
0.

Percent distribution all 1- to
4-family
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
A l l groups: 1940
1939
1938

Average
FHA
value of
property

231...
.30.8..
4.
62
53 8
.3
U.5
66 7
,6*
.3.8......8,000 '
51 7
.1

5.
*6 j $ . 3 .
23 3
1.
82 I 3 5 0
, 0 b
.22.7..J...H,350b..
7.250®

3.227

Average
FHA
value of
land




Land as a
percent of
property
value

84
. *

$300*
...430...
650
8 7b
6
.1,000*1.

.10.2

12.2
13.0 J

.12.5*
11.6

59*

2.
07
15.9J

$*82
...688*1.

.15.8*

15 0
, 0 °

2*
07

I .
83

59
8

a

9,3
29 9
1 *6 8
2,0
6 49 7
2,2

1 00
0.

Percent distribution 1- to 4family homes
New
homes

Existing
homes

All
homes

*. 62
250
2 .
31
1.
25
....19.2.......50.0.......333
1.
36
1.
0*
77
.
38
.
2.
27
1.
25
9.1...
42
.
46
.
21
.

86 to 90
81 to 85
76 to 80
71 to 75
61 to 70
51 to 60.
50 or less

1 00
0.

Total

1 00
0 . a

1 00
0.

Table 9—Size of home, 1940
Percent distribution
1-family homes
Number of rooms

Existing
homes
8.
18
*6
.
.. , 3 6
1 .

77
.

Votes A glossary of t e n * used i s included i n the Appendix.
Data not available.

c

22
.

1 00
0.

Total

77
-

100.0a

55
.
7.
82
l*.l

9.
23

Wood
Brick
Other

*5
.

1.
12
8.
18

New
homes

1 00
0.

Percent
distribution

All
homes

Amount of mortgage
as a percent of
F H A valuation
of property

Exterior material

1.
25
7.
71
1.
04

$1,6
1 93 6
1 12 3
0,5

Table 6.—Mortgage as a percent of value, 1940

Existing
homes

1 00
0 . »

Amount

17 7
.7

1934-40

Percent distribution
1-family 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

12 8* 0
,1,5

2*
9
22
9
62...,
20
6
38
5

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

32
9

6
5
*
2
• •* 9
•*

Total

Total

Number

$0,5
2 67 0
3 05 0
0,0
..1 11 0
.. 8 , 0
2 50 0
1,0
1 00 0
5,0

6
7

70
.

New
homes

National banks
State banks

No garage
1-car garage
2-car g a r a g e . . . . . . . . . . . .
3-car garage

...s

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

Year

Amount

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Number

Number

1935
1936

1935-40

A l l homes

Existing homes

Amount

Number

Total
1935-40

Total

Percent
of total

Number

1 00
0.a

New
homes
4
5
6
7

92
1.
5.
39
19.2...
77
-

rooms or less
rooms
rooms
rooms or more

1 00
0.

Total

Existing
homes
91
.
5.
91
1.
82
1.
36
1 00
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
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
$ 60 *
2 . 0
32 *
- 8
38
.
2*
. 2
27.13
1.
93
3.
08
...30.8... . . . 3 3 . 3 8 . . . . ....2.3*........18.2^
2.21*
77
.
8.50*
16.6*
?
1.81*
1.
5*
49.50*
1 . *
69
. . . 1 1 . 5 . . . . . . 3 7 . 0 0 X . . ....1.2**...
97
. *
1 00
0.

3.6
**
®

20
.2
®

1.
63
®

$ 21.00 *
15 *
. 6
5.3
1. b
75
2.9
08
* .
73
1#52
n
. . . 2 1 . 0 . . . ...22.25*... ....1.18*... . . . . 1 2 . 3 *
1~
58
2*7
66*
. . . . 5 . 3 . . . j . . . 3 . 0 .,
90 *.
60.00*
53
.
100.0*

25.ll
c

1.15*
• 3
7 b
11
.9
c
c

9.5?
72
. *
2 .
15
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

Percent

821.960
477.018

-5.912
74.911

-0.7
15.7

Total

1.298,978

68,999

5-3

385.432

Percent

N o t for
sale or
rent

Number

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

|

Number

214,855
119,009

234,909
150.523

1.367.977

Metropolitan district

For sale, or rent

1930,
estimated
by F H A

1940

816.0U8
551.929

I n central city
Outside central city

Increase

a

a

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
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

1935
1936
1937-.
1938
1939
1940..

33.455.301

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

..2,075.800.
3.194,350
2.327.350
..1,929,800.

2.534
•3,102.,

16.458,335

1 3.953

2,112

10,846

Mortgages
insured under
Section 207
or 210 of
Title I I

New
homes

Existing
homes

All
homes

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

13
8.9

A l l others

8.1

8.8

100.0

100.0

Garage and car capacity

-

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

100.0

-

t

l 2.1
k...i
.2

Exterior material

6.0
82.0
11 6
.4

Wood
Brick
Stucco.................
Other

Total

Existing
homes

All
homes

65.8
6.8
...17.7
...67.9....
4.6
14.7
3.5
11.1
1.1
....4.4.'...
1-9
•5

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

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

Total

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

No garage
1-car garage
2-car
3-car garage

A l l groups: 1940
1939

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

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

16,822,140

1,182
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

52.153

Table 6.—Mortgage as a percent of value, 1940

National banks
State banks
13
$ 5,222,500

$ 4,516,613
3.301.277
....804,445
2.097.593
2,486,682
..3.615.530

49.913.636

Percent distribution of amount of
1- to 4-family home mortgages

Type of institution originating mortgages

13.303
11.485
..1,948.,
6,122
7.406
.11,889.

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

773
1.409
...916.,

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

New
homes
26.1
60.7

4 rooms or less
5 rooms

Existing
homes
15.0
45.9

2.6

Total

18.6

100.0

7 rooms or more

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

I n central city
Outside central city

..

1930,
estimated
by F H A

1930
Number

Percent

Increase

1940

Number

For sale or rent

Not for
sale or
Percent
rent

Total

Number

Percent
of total

61,238
9.276

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

Metropolitan district.

57,527
6.136
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*

Mortgages:
Number
Amount..
Projects:
Number
Dwelling
units

$ 75,600
40,650

...57.200.

...245.600
252,200
274,900
...452,000

423

1,565,650

...33,000.
45,900
51,800

17
22
.17..

Type of institution originating mortgages

Existing
homes

1
10

Total

100.0

Percent distribution all 1- to
4-family
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

Other

23.8

A l l groups: 1940
1939
1938

Average
FHA
value of
land

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

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.




U.7
12.3
12.0
14.9
14.1
16.2

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

9.7

New
homes
4
5
6
7

100.0

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
10.7 . .
g
...9,250ft... ...l,500a...
4,361
b
I)

54.8
25.8

100.0

Total

100.0

Existing
homes

Existing
homes

65.6
9.8

Wood
Brick

Average
FHA
value of
property

490,312

Number of rooms
New
homes

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

$ 139,000

34
53
..57..
67
91
.121.

304,150

206,300
223,100
••394,800...

Table 4.—Rental projects

Total
1935-40

20
14

$ 63,400
161,300

..212,600...

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
...24.50®
...18.2...
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

1930,
estimated
by F H A

1930
Number

Percent

1940

Increase
Number

For sale or rent

Not for
sale or
Percent
rent

Number

81,984
6,207

Metropolitan district

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

I n central city
Outside central city

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

1935
1936

Existing homes

Amount

Number

1,507,200

1,099,400

317

Mortgages
insured under
Section 207
or 210 of
Title I I

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies

New
homes
0.7

4.6
100.0

Total

•5

Other

100.0

Percent distribution 1- to 4family homes
New
homes

Average
FHA
value of
property

57.9
14.5

17.2

Average
FHA
value of
land

Land as a
percent of
property
value

Existing
homes

All
homes

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

Total

100.0

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

10.5

100.0

Total

682,956

Number of rooms

60.1
22.7

Wood
Brick

Percent
distribution

Amount of mortgage
as a percent of
F H A valuation
of property

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

Table 4.—Rental projects

Mortgages:
Number
Amount ...
Projects:
Number
Dwelling
units

Amount

$ 118,900
38
194,400
59
35.... .....122,500...
147,800
262,300
70

159.000
575.200

318

1935-40

Number

$ 18,900
70,100

3*
121

1938
1939
1940

Total
1935-40

Total

Percent
of total

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

Percent

265.283
22,415

Metropolitan district

256.05*
17.797

9.229
4,618

3.6
25-9

273.851

13.847

5.1

For sale or rent

N o t for
sale or
rent
Percent

Number

Number

79.807

|

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




1.927.299
l,73*.*oo

33.1
55.9
-

-

0.2
.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
-

100.0

Amount of mortgage
as a percent of
F H A valuation
of property

86
81
76
71
61
51
50

Wood
Brick
Stucco
Other

Percent distribution 1- to 4family homes
New
homes

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®

65.3
13.9
,16.2
*.6

100.0

*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®

100.0

Total

100.0

16.2

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

Ij
100.0

Total

6.3
39.3
....31.0
23.*
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

All
homes

I: I

Existing
homes

5.8

Average
FHA
value of
land

Existing
homes

Number of rooms

72.3
21.0

Total

3.*33.76l

6*.0
3*. 5
11.*
6.4
....l*.3... .'...71.I... ....*0.1
1
6.3
15.3
l>0.5
11.0
3.7 . . .
3
2.6...

to 90
to 85
to 80
to 75
to 70
to 60
or less

100.0

New
homes

100.0

10.*

'
1

10,060

1934—40

Exterior material

16.3
71.3
12.3
.1

Percent
distribution

10.1
1.3

31.0
56.9

$ 598,395
507.267
90,222
672.673
7*7.875
817,329

Table 6.—Mortgage as a percent of value, 1940

All
homes

11.6
.5

Amount

1.756
1.253
2*9..
1.95*
2,22*
....2,62*..

1934^35
1936
1937
1938
1939
1940

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

2.163

$ 5*3.*00
1,0*8.120

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

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

65.*29
*.3*8

73.835
5.972

287.698

I n central city
Outside central city.

1930,
estimated
by F H A

1940

Increase

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

Percent

Increase

1930,
estimated
by F H A

1940

Number

For sale or rent

N o t for
sale or
Percent
rent

67,833
9,916

Metropolitan district

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

I n central city..
Outside central city

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

$ 24,000
1

Total

F H A valuation of property

1938
1939
1934-40

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

15.C

«

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

....34.9..
11.1
48.8

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

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

$ 2,588a
3.328

P
495
626
. . . 900 a . .
2,067a
4gi

6.375
10,000a

9.6
b
b

$ 263 a
433
...U15..
557
779
3,000

4,540
b
b

82.0
2.6

12.3

Average
FHA
value of
property

5,001
b
b

Existing
homes

10.2®
13. C
-9.7

10.5
12.2
30. C"
12.1
b
b

551
b
b
a

2.6

100.0

Total

A glossary of t e r a a used is included i n the Appandix.




$ 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

Hot*t

95
151
1C4..,
155
202
209...

New
homes

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

Number

10

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

Year

Amount

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

Number

5.2

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies

1

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

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

Percent

3.856
4,078

3-5
49.3

119.374

7.934

6.6

38,167

|

Percent

Not for
sale or
rent

Number

Percent
of total

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

86
81
76
71
61

3-0

100.0

to
to
to
to
to

50 or less

Total

Percent
distribution

10.0
34.5

Average
FHA
value of
property

Average
FHA
value of
land

Land as a
percent of
property
value

14.7
12.8
..1.2..

28.0
30.0
.14.0..

6.0
10.0
..6.O..

6.0

$ 2,728
3.467
..4,402...
5,308
6,704
..8,950*..

627
h
.1,120®..

.12.5®

4,393
4,702
4,622

.26.8..

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
14.5 . . . .
7

a

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...

All
homes

Table 9.—Size of home, 1940

Existing
homes

New
homes

100.0

Existing
homes

Number of rooms

Table 10.—Averages by property value groups for l-family homes, 1940

F H A valuation of property

New
homes

Percent distribution
l-family homes
Exterior material

Total

Percent distribution 1- to 4family homes

100.0

Total

Table 8.—Material of construction, 1940

Wood
Brick
Stucco...••«»».».••....
Other

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

100.0

2.3
70.4
27.3

$ 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

Number

29.938
2,072

34,781
3.386

127,308

Metropolitan district

111,110
8,264

For sale or rent

1930,
estimated
by F H A

1940

114,966
12,342

I n central city
Outside central city

Increase

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

United
States

Percent
9.9

.
-

.

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

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

1930,
estimated
by F H A

1940

Increase
Percent

Number

For sale or rent

N o t for
sale or
rent

Number

Total

Percent
of total

88,039
38,685

Metropolitan district

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*

I n central city
Outside central city

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.

376

1.302.190

9*1

Mortgages
insured under
Section 207
or 210 of
Title I I

3.698,5*0

50

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

Other




100.0

Average
FHA
value of
property

86
81
76
71
61

to
to
to
to
to

Pr°Perty

90
85
80
75
70

100.0

% 2.672
3.3*0
.20.2.. ....*,292.,
1*.9
5.*58
20.2
6.616
..3.5.
..9.09*.,
2.2
23.580*

26.5

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

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

18.5

21.*

18.6
a

Existing
homes

New
homes
57.6
11.6
....1*.0...
4.8
11.2
4...

.*

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
Number of rooms

Existing
homes
51.6
31.2

3.8

Average
FHA
value of
land

1.355.217

Percent distribution 1- to 4family homes

50 or less

-

3.1

100.0

Total

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

70.*
25.0

Wood
Brick

12.5

l*.5

12.6
2*.2
7*0..•
33-1
23.1

New
homes

100.0

100.0

of

homes

Exterior material

1.9
77.9
17.7
2.5

Percent
distribution

Amount of mortgage
as a percent of
F H A valuation

Percent distribution
1-family homes

Table 10.—Averages by property value groups for 1-family homes, 1940

F H A valuation of property

3.798

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....,

$ 392.950
513.590
...322.600
486,400
770.000
.1,213,000

Table 5.—Type of originating mortgagee, 1940

Table 4—Rental projects

Total
1935-40

Number

Amount

New
homes
4
5
6
7

100.0

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

Percent

1930,
estimated
by F H A

1940

For sale or rent

Increase

Not for
sale or
rent
Percent

Number

Number

Total

Percent
of total

494.537
45.493

Metropolitan district

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

I n central city
Outside central city

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
a
14.3 a

• 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

•3

3.0

.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

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

New
homes
14.2
60.7
....20.6....
4.5

7 rooms or more

100.0

Total

6.7
36.7
23.3
33.3

100.0

4 rooms or less
5 rooms

Existing
homes

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

1930,
estimated
by F H A

1930
Number

Percent

1940

98,167
14,058

Metropolitan district

76.655
9.U11

a , 512
4,647

28.1
49.4

26,920
3.727

112,225

I n central city
Outside central city

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

Number

Amount

214
%

6,222,600

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Number

577.000

176

Mortgages
insured under
Section 207
or 210 of
Title I I

Type of institution originating mortgages

17.7
17.0

4^4

Existing
homes

1934-35
1936
1937
1938
1939
1940

6,799,600

A l l others

All
homes

A3

-

-

Amount

510
306
52..j
144

,

$174,116
141,197
is,a7

®

1934-40

105.U39
159*558

1,810

646,362

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

-

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

.5

Other

1.5

Average
FHA
value of
land

Land as a
percent of
property
value

$386
2 ~ $3,604
36
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

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

89.1
8.7

100.0

Total

Average
FHA
value of
property

10.7
13.5
18.0
17.7
17.oa

736
b
b

15.2
b
b

$ 350a
75
5
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

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

93.1
5.1

Wood
Brick

100.0

100.0

Number of rooms
New
homes

3.U
U5.9

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

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




11
$46,150
70,250
a
84,100
22...
286 "
1.256.300
565
2.313,100
706... ...3,029,700
1,611

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

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

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

Year

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

Amount

$ 33.**oo
22,500
17.800....
262,100
2
7
48
99.100
37.... ....142,100....

99^.200
2.a4,ooo
...2,887,600

1.^35

1935-40

A l l homes

8
8
3....

$12,750
U7.750

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

Percent

1930,
estimated
by F H A

1940

Number

204,424
16,805

Metropolitan district

185,389
16.774

19.035
31

10.3
.2

59.529
4,429

47.133
3.897

202,163

19.066

9.4

63.958

51.030

N o t for
sale or
Percent
rent

12.396
532

221,229

I n central city. ..
Outside central city

For sale or rent

Increase

12,928

Percent
of total

26.3
13.7

175
20

4,952
394

7.7
8.1

64,656
4.843

25.3

|

Table 2.—Net volume of mortgages accepted for FHA insurance under Section 203 of Title I I

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:




F H A valuation
of property

1.6
1.3

23.6

18.1

New
homes

86 to 90
81 to 85
71 to 75
61 to 70
50 or less

65.6

73.7

100.0

100.0

82.8
9.3
6.0...
1.3
.5

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?

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

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

5.420
5.520
5,176

3.7

100.0

100.0

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

33.7
60.7

15.8

Average
FHA
value of
land

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

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.

69.7
7.8
17.4
3.0
1.5

.1

1.1

.3

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

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

11.7
6.7

All
homes

100. c

Total

Existing
homes

50.6
33.1

Total

Existing
homes

Number of rooms
New
homes

100.0

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

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

1930,
estimated
by F H A

1930
Number

Percent

1940

1*2,157
46,405

Metropolitan district..

1*1,258
41,949

899
*,*56

0.6
10.6

*1.307
12.371

188,562

I n central city
Outside central city

Vacant, 1940

Occupied

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

$ 396,900
5*5.*75
...505.*00..
435,600
469,600
...347,900.

117
255
...323.578
853
•1,0173.1*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

15.*
....18.7...
38.5
26.7

17.0

7.0...
21.7
29.*

17.7
37.0
26.9

.7

8.1

1.*

100.0

Total

100.0

F H A valuation of property

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

Existing
homes
1.0
40.8

1.7

18.4

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

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.




New
homes

Percent distribution
1-family homes

Table 10.—Averages by property value groups for 1-family homes, 1940

A l l groups: 1940
1939
1938

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

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

Note;

33.8

100.0

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

All
homes

Amount of mortgage
as a percent of
F H A valuation
of property

30
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

$ 302,596
344,885
....64,594
362,007
465.690
•••578,190

Table 6.—Mortgage as a percent of value, 1940

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

873
998
...167.,
867
1,241
.•1,7*0.

2,117,962

Table 5.—Type of originating mortgagee, 1940

Mortgages
insured under
Section 207
or 210 of
Title I I

Garage and car capacity

1934-35
1936
193 7
1938
1939
1940....

$ 565,500
1,270,525
.1,387,900
2,5*5.300
3.790,100
'.4,358,700

11,217,150

Table 4.—Rental projects

Total
1935-40

A l l homes

2.700,875

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

6

45,966

For sale or rent

Number

Percent

Not for
sale or
rent

Number

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

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

53.2

29.3

100.0®

Percent distribution 1- to 4family homes
New
homes

Average
FHA
value of
property

42.9
57.1

5.1
100.0

100.0

4.356

42.9

$3,417

$173
358
...496...
598
635 „
...83s4..
1,010 4

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

4
..9.24
8.I

10.3

13. 2 4
10.7?
11.5 4

All
homes

-

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

8O.3
14.1

Average
FHA
value of
land

Existing
homes

-

100.0

Total

Existing
homes

Total

681,519

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

Other

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 c

-

10.6
39-4
20.7

46^

Amount of mortgage
as a percent of
FHA valuation
of property

All
homes

Wood
Brick

100.0

42.9
14.2

-

1,842

1934-40

Table 6—Mortgage as a percent of value, 1940

New
homes

1.7
88.5
.......9.8

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

Percent
of total

8,554
-1.057

43,132*
2,834»

53.463

Metropolitan district

Increase

1930,
estimated
by FHA

1940

7.497

51,686
1.777

I n central city
Outside central city.

Percent

-

100.0®

New
homes
35.0
51.4
....12.0....
1.6

Total

57a
28.6
14.3

100.0

4 rooms or less
5 rooms
6 rooms.
7 rooms or more

Existing
homes

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 4..
1.254

.19.5J
4

.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

Table 7—Capacity of garage, 1940

All
homes

13.0

25.3

72.1

44.1

2.8

1938
1939

16.0
14.6

16.0
16.0

..3.2..

1.6

100.0

15.4
61.5
..7.7.
15.4

100.0c

413.347

Percent distribution 1- to 4family homes

Amount of mortgage
F H A valuation
of property

New
homes

86 to 90
81 to 85

Average
FHA
value of
property

$ 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

All
homes
74.4
8.2

78.7
8.7

71 to 75
61 to 70
51 to 60
50 or less

....

13.6
1.3
2.4
27.3
.5... ...9.1....
.2
9.1

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

72.5
14.8

Existing
homes
84.6

11.4

15.4

100.0

Total

Existing
homes

Number of rooms
New
homes

Table 10.—Averages by property value groups for 1-family homes, 1940

6.4

1,085

1

Percent distribution
1-family homes

100.0

38.0
.18.8..

38.699
61,059

Table 8.—Material of construction, 1940

Wood
Brick
Stucco • • . • • • . . . . . « • . • •
Other

Percent
distribution

100
188

1934-40

100.0C

2.7
29.9
67.2
.2

F H A valuation of property

$ 122,494
95.259

Table 6.—Mortgage as a percent of value, 1940

Existing
homes

42.6
16.7

327
201

4,444,442

1.059

Amount

1934-35
1936

Exterior material

Total

A l l groups: 1940
1939
1938

Number

$ 162,650
38
393.792
90
51.. ....196,200
900,100
216
1,246,600
289
....375...,

New
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 9,999....
10,000 or more

Year

Amount

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 , 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

25.9

National banks
State banks
Savings and loan assns
Mortgage companies
Insurance companies
Savings banks
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

Property improvement

Existing homes

Amount

Total

Number

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
i
. . . 1 ."5 3 * . . .
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

Percent

108,634
19.215

-3.433
14,192

-3.2
73.9

28,608
8,889

138,608

Metropolitan district

127.849

10.759

8.4

37.497

I

Percent

N o t for
sale or
rent

Number

Percent
of total

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

Existing
homes

4,707

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

Garage and car capacity

Wood
Brick
Stucco . . . . . . . . . . . . . . . . .
Other

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

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

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

95.4
1.0

95.0

New
homes

7 rooms or more

3.6
100.0*

Existing
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
100.0

Land as a
percent of
property
value

100.0a

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

All
homes

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

0.7
62.7
36.O
.6

Existing
homes

-

Table 8.—Material of construction, 1940

Exterior material

3-car garage

New
homes

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

Total

Percent distribution all 1- to
4-family
homes

No garage
1-car garage

Percent distribution 1- to.4family homes

50 or less

15.5

to
to
to
to
to

Total
Table 7—Capacity of garage, 1940

1.771.895

•is-

Table 6.—Mortgage as a percent of value, 1940

6.8
72.5
9-2

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

Number

26,887
4,522

1940

105,201
33.407

I n central city
Outside central eity

For sale or rent

1930,
estimated
by F H A

1930
Number

Increase

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

Percent

1930,
estimated
by F H A

1940

For sale or rent

Increase
Number

N o t for
sale or
Percent
rent

Percent
of total

57,301
13.376

Metropolitan district

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

I n central city
Outside central-city

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

Average
FHA
value of
land

Land as a
percent of
property
value

$321

11.8
13.3
.15.5
15.7

11.1
5.5
...1.4.

28.6
1*.3

*2.8
.1*0100.0*

..J',450..
5.33*
6,552
..8,7**.
10,833 c

...688..

3.889
d
d

.21.8.

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

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
•5
2

-

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

1930*
estimated
by FHA

1940

For sale or rent

Increase

Not for
sale or
Percent rent

Number

294,734
81,814

Metropolitan district

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

I n central city
Outside central city

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

Year
Number

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

Type of institution originating mortgages

1934^35
1936
1937.
1938
1939

$1,313,250
3.179.331
3,417.800
6,940,000
7.753.000
8,056,400

9
$ 1,142,700
9
319

New
homes

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

New
homes
Wood
Brick

52.4
35.7

29.3
65.5

3-car garage

.2

Other

11.8

1.7

100.0

100.0

Total

Table 10.—Averages by property value groups for l-family homes, 1940

FHA 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
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

Average
FHA
value of
property

Average
FHA
value of
land

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

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..
....15.3
643-...
5.306
15.5
20.0
1,061
6.844
13.8
17.5
1,200
....8,817* . . . . 1 , 5 6 7 * . . . . . . 1 7 . 8 *
5.2..
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

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

0.8
53.6
45.4

100.0

3.210.203

Number of rooms

Exterior material

No garage
1-car garage

Total

New
homes

Percent distribution
l-family homes

Percent distribution all 1- to
4-family
homes

395.314
591.602

Percent distribution 1- to 4family homes

to 90
to 85
to 80
to 75
to 70

Table 8— Material of construction, 1940

Table 7.—Capacity of garage, 1940

11.207

Amount of mortgage
as a percent of
FHA valuation
of property

_

100.0

Total

342..
1.277
2.126
....3,362..

Table 6.—Mortgage as a percent of value, 1940

22.2
4.2...
36.4

Amount

t'dl

1934-40

30.659.781

7.417

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 . . . • . . . . . • • •
All others

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 3 8 . . . .
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

Percent

-5,611
2.951

-5.5
18.4

Not for
sale or
Percent rent

118,461

-2,660

-2.2

28,291

1

Number

24,406
3.055

24,832
3.459

115,801

Metropolitan district

102,421
16,040

For sale or rent

Increase

1930,*
estimated
by FHA

1940

96,810
18,991

I n central city
Outside central city

Vacant, 1940

Occupied

Increase

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

Number

Amount

1935-40

2
7

$ 6,650
25.335

6
12

107
200

464,800
881,900

5
10

497

1935
1936
1937 • • • • • • • • • • • • • • •
1938
1939
1940

2,193,285

44

Mortgages
insured under
Section 207
or 210 of
Title I I

Mortgages:
Number
Amount
Projects:
Number.
Dwelling
units

All homes

Amount

Number

$14,350
25.560
g gl»0....
19.700
40,200
33.900....

8
19
12....
112
210

140,550

Type of institution originating mortgages

NationrJ banks
State banks
Savings and loan assns. •
Mortgage companies
Insurance companies
Savings banks
All others

Hone

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

1938
1939

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*

New
homes

7 rooms or more

Existing
homes

5U.1

4 rooms or less
5 rooms

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

$18.00°
2.01C
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

305
329

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

Table 4.—Rental projects

Total
1935-40

Existing homes

New homes

Total

Number

31.00
1.50
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

Percent

1930,»
estimated
by FHA

1940

For sale or rent

Increase

Not for
sale or
Percent rent

Number

Percent
of total

177,662
30,015

Metropolitan district..

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

I n central city
Outside central city

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

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

Number

1938
1939

12.0

H
..2.6.
.9
100.0

37.5
18.7
.18.7.
6.3
6.3
12.5

223,292
573.832

7.171

2.479.749

Table 6.—Mortgage as a percent of value, 1940

All
homes

5.0

5.5

..1.6.
41.4
43.8

73.«*
5.4

,..1.5
42.3
42.7

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®

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°

100.0fc

100.0

Table 9—Size of home, 1940
Percent distribution
1-family homes

Existing
homes

2.8

Other

All
homes

Number of rooms

70.2
26.3

Wood
Brick

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

New
homes

100.0

.23.6.

582
1.563
1934-40

Exterior material

1.0

9.1
42.5

$ 494,787
455,740

Percent distribution
1-family homes

6^.0
.5

Percent
distribution

1,741
1,043

7.711,860

2,251

Existing
homes

New
homes

Amount

1934-35
1936

$ 371.050
898,310
612,450
1,638,700
1,997,800

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

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

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
1935-40

Total

Number

New
homes
9.1
75-1

4 rooms or less
5 rooms
7 rooms or more

100.0*

Existing
homes
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 T J on the basis of the boundaries of the 1930 metropolitan
HL
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

Number

Percent

52.938
5.363

7.32k
5.*52

15.0
101.7

16.U76
3.037

71,677

Metropolitan district

For sale or rent

58,301

13.376

22.9

19,513

|

Percent

N o t for
sale or
rent

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

j0....

Number

$ 21,*50
81,800
41,400....
170,500
361.550
....305 850....

10
13
3

8,900
-200

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

Existing
homes

_

All
homes

-

86 to 90
81 to 85

60.0
30.7

71 to 75
61 to 70

2.5
2.5

-

-

-

-

50 or less

"

-

100.0

-

100.0

-

..1.3..

Percent distribution
1-family homes

-

4 rooms or less
5 rooms

3.8

-

7 rooms or more

100.0

-

Average
FHA
value of
land

Land as a
percent of
property
value

12.6

$ 3.611

5.076

-

100.0

-

Number of rooms

68.*
27.8

Table 10.—-Averages by property value groups for 1-family homes, 1940

5.2*7
6.326
8,825 •

2.5
2.5

Table 9—Size of home, 1940

Wood
Brick

...U.i

71.3
15.0

100.0

Total

Existing
homes

Total

26.6

All
homes

15^

9.3

New
homes

Average
FHA
value of
property

Existing
homes

-

Other

n.u
.38.0.,
22.7'

New
homes

-

Exterior material

U7.5
• 52.5

Percent
distribution

Percent distribution 1- to 4family homes

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

5*7,933

Table 6.—Mortgage as a percent of value, 1940

Table 8.—Material of construction, 1940

Total

.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.

a

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 l l groups: 1940
1939
1938




1.38*

60.0
30.7

A l l others

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

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

68,*50

Type of institution originating mortgages

Hone

Nog
_
1-car garage
2-car garage...
3-car garage

15

a

Number

Amount

1940..

National banks
State banks

Garage and car capacity

Number

Table 5.—Type of originating mortgagee, 1940

Table 4.—Rental projects

Total
1935-40

A l l homes

$24,*50
29,300

982,550

5
21
15....
37
82

Property improvement
notes

Existing homes

Amount

Percent
of total

Number

Mortgages on 1- to 4-family homes
Year

Total

Number

13.5*3
1.3*5

1940

60,862
10,815

I n central city.
Outside central city.

Increase

1930,
estimated
by F H A

1930

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
...35.96.... ....2.2*
....19.5
...32.9...
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

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

Metropolitan district...

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

I n central city
Outside central city

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

$740,950
855.772
...307.906..
270,550
155.700
87,400.

302
718
...619..
1.581
2,202
.2,122.
7,544

32.197.885

544

29.779.607

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

33.1
29.5

6.6
.1
.4.2
36.2
33-7

86
81
76
71
61

New
homes

50 or less

19.1
Total

22.3

19.2

100.0

to
to
to
to
to

100.0

90
85
80
75
70

0.4
33.7
65.4
•5

Wood
Brick
Stucco.................
Other

Total

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
New
homes
4.6
72.4

4 rooms or less
5 rooms
7 rooms or more

Existing
homes

20.8

3.1

29.2

100.0

Total

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
1.4
3

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
Exterior material

Existing
homes

72.9
15.4
7.4... ....65.4...
11.5
2.7
1.2 . . .
23.1
3

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

A l l groups: 1940
1939
1938

,,

100.0

A l l others
515

Garage and car capacity

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

F H A valuation
of property

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

6,190,405

Percent distribution 1- to 4family homes

Amount of mortgage

All
homeS

Existing
homes

1,617
4.473
..5.390.

Table 6.—Mortgage as a percent of value, 1940

Percent distribution of amount of
1- to 4-family home mortgages
New
homes

$ 881,531
1,088,315
....176,478
549,266
1.518,335
..1,976,480

...526.,

18,328

Table 5.—Type of originating mortgagee, 1940

Mortgages
insured under
Section 207
or 210 of
Title I I

2.744
3.578

1934-35
1936
193 7
1938
1939
194 0

$1,413,950
3.422,985
..2,767,400
6,795.100
9.042,950
..8,755.500

2.418,278

168
175

.8,668,100.

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

Percent

1930®
estimated
by F H A

1940

For sale or rent

Increase

N o t for
sale or
Percent
rent

Number

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

:

Metropolitan district

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

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

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

7.4

13.9

100.0

100.0

New
homes

50 or less

100.0

Percent distribution 1- to 4family homes

90
85
80
75
70

1.0

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

100.0

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

100.0

Number of rooms
^ w
homes

Wood
Brick
Stucco
Other

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

Table 10.—Averages by property value groups for 1-family homes, 1940

F H A valuation of property

Total

Exterior material

1.3
47.8
49.9

Existing
homes

73-8
8.9

Table 8 — Material of construction, 1940

Percent distribution all 1- to
4-family
homes

2.633.195

Table 6.—Mortgage as a percent of value, 1940

....
Total

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

1934-40

15,023,207

3.737

3-6

....2lT6..
57.0
6.5

A l l others

Total




Number

2
25

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

14.7

National banks
State banks
Savings and loan assns.
Mortgage companies
Insurance companies

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

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

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
1935-40

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.

Percent

Increase

1930,a
estimated
by FHA

1940

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

Metropolitan district

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

Amount

$ 17.000
6
22
64,750
. . . . 1 0 . . . . , ....29,400
146,400
45
176,900
54

1935
1936
193 7
1938
1939
1935-40

194

-

Type of institution originating mortgages

Xone

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
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

Number

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

New
homes

100.0

29.3

-

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

93-2
3.4

Average
FHA
value of
property

$2,600

Average
FHA
value of
land

-

$319

3.455
6,267

467*
833*

3.946

438

12.3
11.3
.10.7.

8.6*

13.3 b

-

100.0

Land as a
percent of
property
value

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

Existing
homes

3.4
Total

Existing
homes

Number of rooms
New
homes

Wood
Brick
Stucco
Other

390.099

100.0

-

Exterior material

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

Percent distribution
1-family homes

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

1934-40

649.350

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

Year

Amount

Table 8—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

Total

Number

20,200

7

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

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
$ 12,800
7,400

4
3

629,150

Table 4 — Rental projects

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

Property improvement
notes

Existing homes

New homes
Number

Total
1935-40

Total

Percent
of total

-

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.

Mountain Division

United
States

Percent

Population i n 1940

Percent

3.2

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

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

Percent

1930, *
estimated
by F H A

1940

For sale or rent

Increase
Number

N o t for
sale or
Percent
rent

Number

322,412
61,960

Metropolitan district

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

I n central city..
Outside central city

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

Amount

26
110

1935
1936

$ 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

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

.3

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

.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

Percent distribution 1- to 4family homes
New
homes

3.8

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

15.6
72.1

478
500
$ 339
408
...504..
588
831

.1,018..
1,424

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

2.1

100.0

Total

Average
FHA
value of
property

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

100.0

100.0

Table 9.—Size of home, 1940
Percent distribution
l - f a m i l y homes

Existing
homes

40.0

Other

3.9

86 to 90
81 to 85
76 to 8 0 . . .
71 to 75
61 to 70
51 to 60
50 or less

100.0

New
homes

100.0

4,423,433

Number of rooms

Wood
Brick

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

Mortgages:
Number
Amount...
Projects:
Number
Dwelling
units

Property improvement
notes

Existing homes

New homes
Number

Total
1935-40

Total

Percent
of total

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,
estimated
by F H A

1930*
Number

Percent

1940

For sale or rent

Increase

a

Number

Not for
sale or
rent
Percent

Total

Number

Percent
of total

52.162
9.877

Metropolitan district

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

I n central city
Outside central city

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

1935
1936
1938
1939
1940

Number

Amount

Number.

, 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

.4

4U.4
6.6
42.5...
6.5

Wood
Brick
Other

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

s

i-i

287
c
c

6.5
c
c

$277
100

*.399
c
c

8:1
...21.4..,

-

100.0

Land as a
percent of
property
value

10.7
8.8

• a *

U..4.365...
11.8
5.2*8
6.5 ..
6.585
7
....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

Existing
homes
16.1
67.9

1.3

5.3

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

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
....27.3.. ....28.27... . . . . 1 . 5 6 . . . . ....14.9
36.20b
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

Percent

Increase

1930, *
estimated
by FHA

1940

Number

For sale or rent

Not for
sale or
Percent rent

65,414
56,414

Metropolitan district

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

I n central city
Outside central city

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

New
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

2.6
47.4
43.9
6.1

Total

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

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

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

Existing
homes

6.4
50.1
. . . 22.2...,
21.3

Other

100.0

Existing
homes

Number of rooms
New
homes

Wood
Brick

2,^67.793

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

5,708

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
....26.3
....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

Percent

149,934
54,554

140,267
44,184

9.667
10,370

6.9
23-5

184,451

20,037

10.9

Number

For sale or rent

N o t for
sale or
Percent
rent

54,860

|

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

.

New
homes

100.0

2.6
21.9
.35.5..
13.5
18.7
.,5.2..

2.6

d

12.5




100.0

Total

100.0

1.6

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*

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*

100.0

100.0

Percent distribution
1-family homes

18.1
64.5
lh.8
2.6

100.0

Land as a
percent of
property
value

All
homes

Table 9—Size of home, 1940

Existing
homes

74.0

Total

Existing
homes

Number of rooms

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

New
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

100.0

New
homes

O CM If

sss

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

0.3
64.7
78.9
12.9... ....19.6
.3
2.6

Exterior material

.3

3.1«>0.478

Percent distribution 1- to 4family homes

Percent distribution
1-family homes

100.0

2.4
22.9
.39.0..
18.4
13.7
..2.6..
1.0

Amount of mortgage
as a percent of
F H A valuation
of property

1 j1
homes

4.9

Wood
Brick
Stucco
Other

$ 535.883
519.433
13b 570
43l!379
625.534
903.679

9,763

1934—40

-Material of construction, 1940

Percent distribution all 1- to
4-family
homes

Percent
distribution

Existing
homes

1,733
1,646
363...
1,229
1,962

Table 6.—Mortgage as a percent of value, 1940

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

1934-35
1936
1937...
1938
1939
1940

16.086.080

100.0

Table 7.—Capacity of garage, 1940

F H A valuation of property

4.142

Amount

Number

$1,189,300
2,291,680
2,055,200
3,222,600
2,945,700

13.8

Total

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

34,410
9,902

41,353
13.507

204,488

Metropolitan district

1930, *
estimated
by F H A

1940

Increase

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
7.4

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 -

United
States

9, 733, 262
8, 504,809
6, 211,129
30.6

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.

__
_ .

153,293
44,117
. 49,627.
133, 333
27,908
. . .931,229.
46, 086
79,825
454,696
37, 690
21,711

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

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

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

Percentage
increase,
1940 over
1930

On new homes

On all homes

...

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

Percent

1930,
estimated
by F H A

1940

For sale or rent

Increase

a

Number

N o t for
sale or
Percent
rent

Number

5.8
5.8

368,302
84,337

Metropolitan district

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

I n central city..
Outside central city

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

Wood
Brick
Stucco
Other




28.0
17.1
..3.9.
1.5
100.0

Average
FHA
value of
property

Average
FHA
value of
land

$2,766
3,530
..4,438..
5.362
6,585
..8,535.13,091
5,144
5,221
5.279
$2,499
5M3

8.2

6,730
...8,9^7..
12,719

2.0
100.0

New
homes

Land as a
percent of
property
value

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

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

$270
315
...398..
517
695
...971.
2,066

17.9
37.0
.22.4..
9.7
..2.8..

Percent distribution 1- to 4family homes

New
homes

Existing
homes

84.7
14.2
6...
.5
Total

10.087.627

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

100.0

New
homes

690
705
14,368
773
A. glossary of terms used Is Included in the Appendix.

A l l groups: 1940
1939
1938
lotej

.28.0.

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...

Table 10.—Averages by property value groups for 1-family homes, 1940

2.1
19.4

Amount of mortgage
as a percent of
F H A valuation
of property

Exterior material

100.0

Percent
distribution

27.187

Table 6.—Mortgage as a percent of value, 1940

homes

100.0

$ 2,467,377
2,671,121
569,117
1,448,660
1,508,096

1934-40

36,755.870

Existing
homes

3,607

Percent distribution
l - f a m i l y homes

9.7
79.8
10.*
.2

Total

New
homes

Amount

7.626
7.243
....1,3^6..

1934-35
1936
1937.
1938
1939

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

$ 1,004,400
2.175.870
4, 059,000
6,909,300
10,644,400

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

Number

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

Percent

1930,
estimated
by F H A

1940

122,001
19.369

Metropolitan district

115.514
13.284

6.487
6,085

5.6
45.8

128,798

12,572

9.8

Number

N o t for
sale or
Percent
rent

Number

44,117

|

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

1,628

Wood
Brick
Stucco
Other

10.7
76.8
.7

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

1.655
1,670
354...
1,640
1.744
1,926.. -

Average
FHA
value of
property

$2,607
3.^3
...4,312..
5.371
6,625
...8,355s11,917 a

39.3
6.1
5.9

100.0

Percent distribution 1- to 4family homes

Amount of mortgage
F H A valuation
of property

All
homes

12.S

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

84.9
10.9

4,643
4.663
4,509
$2,453
3.355
...4,396..
5.391
6,342
...8,375^
18.500 a

3.808

76.7
13.5
U.9
4.9

100.0

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

Existing
homes

All
homes

41.7
23.5
10.2
17.9
....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

Existing
homes

1.3

$207
216

2,976,868

Table 6—Mortgage as a percent of value, 1940

18.1

11.3
13.7

.11.0
11.0
11.0
.13.0a
a
24.3

12.4
11.8

11.6

New
homes
4
5
6
7

100.0

_.

Average
FHA
value of
land

$ 519,348
510,489
127,9o4
590,127
639.545
589.455

8,989

1934-40

5.173.650

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.




1,173,600
1,390,000

Exterior material

3.840
3.753
Note:

370
425
413...

1934-35
1936
193 7
1938
1939
1940

$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

31.897
3.385

38.950
5.167

141,370

I n central city
Outside central city

For sale or rent

Increase

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..

1930, a
estimated
by F H A

1930*
Percent

1940

109,408
46.610

2.591
6,656

2.4
16.7

146,771

9.247

6.3

Percent

For sale or rent

N o t for
sale or
rent

Number

49,627

!

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

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

74
158

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

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 , 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

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*.

x
3
• 2 7 .' 0 *
4 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.




.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

New
homes

16.1

18.1

a

Existing
homes

All
homes

21.7
34.5
16.9
10.7
...24.5..., ....52.9... ....35.0
8.8
I8.7
12.5
14.6
12.9
17.7
3.8
7.5...
....1.5....
1.7
3.2
•9
Total

100.0

100.0*

100.0

Table 9.—Size of home, 1940
Percent distribution
1-family homes
Number of rooms

Existing
homes

94.6
4.1
1.0

91.3
1.6
.4.9
2.2

100.0

Total

100.0

"85"

36.8
3.6

New
homes

1.0

3.5
U1.0

.10.5

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

32.7
7.5
..9.6.
U.6
7.5

Exterior material

9.9
76.5

3.297.133

'52ui688
623,183
941.537

Percent distribution 1- to 4family homes

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

Percent
distribution

8,847

Amount of mortgage
as a percent of
F H A valuation
of property

All
homes

.38.1.

$501,773
552.825

Table 6.—Mortgage as a percent of value, 1940

Existing
homes

8.4

Amount

1.825
1.807
376...
1.297
1,506

1934-40

4,468,900

1.498

Table 8.—Material of construction, 1940

Table 7.—Capacity of garage, 1940

F H A valuation of property

1934-35
1936
193 7
1938
1939

Percent distribution of amount of
1- to 4-family home mortgages

Total

Total

Number

$ 194.150
420,550

Type of institution originating mortgages

lone

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

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

64
128

2,088,000

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

30.563
10.119

36,121
13.506

156,018

Metropolitan district

106,817
39.954

Increase
Number

100.0

.

New
homes
4
5
6
7

rooms or less
rooms
rooms......
rooms or more

Existing
homes

48.6
38.5
....10.7....
2.2
100.0

Total

19.4
13.0
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

Percent

1930,*
estimated
by F H A

1940

For sale or rent

Increase

N o t for
sale or
rent
Percent

Number

Number

305.394
101,012

Metropolitan district

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

I n central city
Outside central city

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

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
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

100.0

F H A valuation
of property

100.0

86
81
76
71
61

to
to
to
to
to

New
homes

90
85
80
75
70

...4,399..
5.322
6.491
...8,638..
11,430®

Average
FHA
value of
land

Land as a
percent of
property
value

$220

Average
FHA
value of
property

8.0

...SS...
561

8.5
..9.2
10.5
10.9

710

.12.0v
b

.1,038...

16.1

1,840®

2...

50 or less

84.8
2.4
1.1
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

$2,492
3.^74
...4,369..
5.313
6.768 K
...8,642*.
11,854

$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

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

605
606
696

15.0
15.3
17.3

A l l groups: 1940
1939
1938

4,034
3.967
$.033

9.9

.12.5

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

Existing
homes
20.0
41.7

3.8

16.6

100.0

Total

100.0

Table 11.—Averages by borrower income groups for 1-family homes, 1940

472
513
582

12.2

All
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

4,784
4,892
^.757

10.5

Existing
homes

Number of rooms

.2

Hotel k glossary of t e n s used I s Included. I n the ippendlz.
based on fever than 6 cases.




9.9

13. 8
.2
4.8
47.8
10.4
1.6
21.4

100.0

Total

100.0

1.1
17.4
.47.1.
19.4

31.5

94.2
U.7

Wood
Brick

6,495.018

Percent distribution 1- to 4family homes

Amount of mortgage

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
of 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

8,172
11,214

15.6
43.8

78,118

19.386

24.8

27.908

|

N o t for
sale or
Percent
rent

Number
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

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

Existing
homes

A l l groups: 1940
1939
1938
Vote:

69.8
6.4

51.7
21.6

6*5

9.0

6.7

12.3

10.9

12.2

100.0

2:!
u2i!

100.0

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
38.5
1.9

.8

New
homes
21.0
55.0

4 rooms or less
5 rooms

Existing
homes
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

$335
423
...56U..
800
1.188
— 750®2.333b

4,464

9.2
..9.7
11.5
11.4
.11.5
10.9

10.2

~46T

$2,540
3.426
. . 4,310 .«
5.250
6.754.
. . 8,000
14,667 b

100.0

100.0

Total

4.561

• 20.2 •
10.6
11.5
.. 1.0.
2.9

Amount of mortgage
as a percent of
F H A valuation

100.0

18.5

629

A glossary of t e n s used i s Included i n the Appendix.




2.689.224

homes

Wood
Brick

1.2

1.1

^

New
homes

New
homes

100.0

2.4
34.7
.33-6.
17.1
9-9

.1,062.

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

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

$469,779
565.466
...123,588
371,381
576.123
...582,887

11,288,278

Exterior material

3-0
39-5
.56.3

Percent
distribution

1,424
1.318
••.249.
664
937

Percent distribution
1-family homes

Percent distribution all 1- to
4-family
homes

F H A valuation of property

2,886

Amount

1934-35
1936
193 7
1938
1939
1940....

Table 8.—Material of construction, 1940

Table 7.—Capacity of garage, 1940

Total

$272,650
1,086,328
1,685,900
2.359.700
2,691.200
. . . . . 8 0 8 . . . ...3,192,500
82

100.0

Mortgage companies
Insurance companies
Savings b a n k s . . . . . . . . . . . .
A l l others

None

No garage
1-car 'garage
2-car garage..
3-car garage

Number

m
IS

49.5
23.4

National banks
State banks

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

14,477
6.719

17.465
10,443

97.504

Metropolitan district

52.513
25,605

For sale or rent

1930,
estimated
by F H A

1940

60,685
36,819

I n central city
Outside central city.

Increase

13.2
12.3
•13.1
15.2
17.6
15.9*
14.1

a

3.5

14.4

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

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

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

Metropolitan district

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

I n central city
Outside central citv

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 . 757
3,643

1938
1939
1935-40

! 4*5,284

194,705,144

15.093

59,807,092

Mortgages
insured under
Section 207
or 210 of
Title I I

Type of institution originating mortgages

7
$3,359,700
7

New
homes
70.6
8.4
4.2...
2.4
2.7

Total
Table 7—Capacity of garage, 1940

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

7.7

11.1

100.0

A l l groups: 1940
1939
1938

Average
FHA
value of
property

|

Average
FHA
value of
land

100.0




Land as a
percent of
property
value

$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

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

$2,778

1-3
30.2
,...33.0..
20.3
11.8

Percent distribution 1- to 4family homes

Number of rooms
New
homes

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

100.0

Wood
Brick
Stucco
Other

Percent
distribution

1.3

Amount of mortgage
as a percent of
F H A valuation
of property

Exterior material

100.0

100.0

6.1

71.3
8.1
4.1
2.3
3.1

11.7

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

75-7
6.4
2.6...

66.166.s56

151.505

Table 6.—Mortgage as a percent of value, 1940

Percent distribution
1-family homes

0.2
68.0
29.1
2.7

No garage
1-car garage
2-car garage
3-car garage

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

254.512.236

60.377

Table 8.—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

F H A valuation of property

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

100.0

1,230

Garage and car capacity

1,687
6,931
. . 7 094.
I4i677
13,738

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 •

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

Year

1935
1936

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

Percent

1930,
estimated
by F H A

1940

105.958
53.041

12,208
19.796

13.0
59.5

126.995

32,004

25.2

For sale or rent

. Number

N o t for
sale or
Percent
rent

Percent
of total

46,086

30.4
55.5

99
84

1.529
476

4.5
3.3

33.820
14,454

33.621

|

7.505
4.960
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
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

.7

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

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

100.0

Existing
homes

Number of rooms
New
homes

1.7
45*2

Percent
distribution

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

Table 10.—Averages by property value groups for l-family homes, 1940

Hot*:

-

-

100.0

3,986,007

Percent distribution 1- to 4family homes

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

1.0
5.8

F H A valuation
of property

Table 8.—Material of construction, 1940

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

_

8,617

Amount of mortgage

24
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

1934-40

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 banks • • . . • • • • • • « <
A l l others

Mortgages:
Number
Amount
Projects:
Number
Dwelling
units

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

24,687
8,93*

32.192
13.894

158.999

Metropolitan district

93.750
33.245

Vacant, 1940
Increase

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
...32.62.... ....1.94.... ....17.2
...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

Percent

1*7.995
33.025

55.346
20,002

37.4
60.6

181,020

75.3*8

j 4i.6

79.825

i

Number

Percent

45.227
9.485

63.969
15.856

256.368

Metropolitan district

Increase

1930, a
estimated
by F H A

1940

203,341
53.027

I n central city
Outside central city

Vacant, 1940

'

Area

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

2.8

1.7
1.3

Percent distribution 1- to 4family homes

86 to 90
81 to 85
71 to 75
61 to 70

of

Pr°Perty

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..
35- 1
,.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

Metropolitan district

918.457
392.813

18,242
99.013

Number

305.386
149,310

261,705
108,752

43,681
40,558

16.7
| 37.3

1,311,270

117.255

8.9

!

454,696

370,457

84,239

i 22.7

For sale or rent

Not for
sale or
rent
Percent

1940

2.0
25.2

1,428,525

..

1930,
estimated
by F H A

Percent

936.699
491.826

I n central citv
Outside central city

Increase

a

a

!

Total

Percent
of- total

Number

19.365
7.055

I 4,131 !

5.9
4.4

325.924
159.323

26,420

1.173
2.958

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

Percent

1930,®
estimated
by F H A

1940

For sale or rent

Increase
Number

N o t for
sale or
Percent rent

Number

68,457
60,910

Metropolitan district

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

I n central city
Outside central city

Total

Percent
of total

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

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
$68,150
311.760
...504,600..
1,752.600
1,860,300
•1.779.900..

1,518

.197-.
176
108
..82..

_6±27I.J10_

16
76
. 119-•
W*1
431
.435..

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

36.8
48.5
6.6
2~4

1.5

7-0

6.1

3.4

5-7

100.0

Amount of mortgage
as a percent of
F H A valuation
of property

100.0

86 to 90
81 to 85
76 to 80
71 to 75
61 to 70
51 to 60
50 or less

100.0

21.4
1.2
77.4

100.0

100.0

35.6

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

J 1
. . . . 6 0' . 9 . . . .

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

1
5

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

Percent

1930,
estimated
by F H A

1940

Increase

47.963
13.917

6,751
10,706

14.1
76.9

14,850
6.861

12,392
3.423

61,880

17.457

28.2

21,711

15.815

Number

Percent
of total

30
42

716
270

4.6
3.8

15.596
7.173

37.3

72

986

*-3

22.769

CVI

79.337

Metropolitan district

5.896

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

Amount

$5*.500
249,267

31
119

$103,750
381,230

456,700
800,600

89
78

284,700
276,600

725

1938
1939

Number

11
54
....43
102
197

1935
1936

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

39.0
49.5

53.0
41.8
4.4

A l l groups: 1940
1939
lot*:




100.0

1.2

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

All
homes

8.3

...69.1...«
18.6
6.2

S3
7.9

.2

2.0

.•6

100.0

Total

100.0

100.0

Table 9—Size of home, 1940
Percent distribution
1-family homes
Number of rooms

New
homes

100.0

Existing
homes

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

Exterior material

u

15.6

of

Percent distribution
1-family homes

J-5

13.3
31.1
..34.5..

.8

100.0

1,625,071

Percent distribution 1- to 4family homes

71 to 75
61 to 70

100.0

193.574
238.57*
35*.366

3.842

86 to 90
81 to 85

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

^jj

Table 8.—Material of construction, 1940

Percent distribution all 1- to
4-family
homes

F H A valuation of property-

319
378

Amount of mortgage
as a percent of
F H A valuation

homes

-

$385,691.
374,719

Table 6.—Mortgage as a percent of value, 1940

Existing
homes

11.5

Amount

1.190
I.O56

1934-40

4,599,947

New
homes

1.0

Table 7.—Capacity of garage, 1940

Total

1

1934-35
1936
1937
1938
1939
1940

Percent distribution of amount of
1- to 4-family home mortgages

3.0

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

1.207

A l l others

None

3-car garage

Number

42
$158,250
630,497
173
.....147..,
741,400
191
1,077.200
275
3 7 9 - ,...1,467.800

Mortgage companies
Insurance companies

No garage
1-car garage

Year

Amount

55.7
40.3

National banks
State banks

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

Not for
sale or
rent

19.8
100.4

54.714
24,623

I n central city—
Outside central city

For sale or rent

Percent

Number

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.

33.6
. 32.4

Average
gross
monthly
payment

Ratio of
property
value to
income

$22.83

Percent
distribution

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

33.13
p

1.82
1.69
. 1.42 .
1.33

2.01

b
8.5

28.1
'.3O.5.
9.8
19.5

...1.2.
2.4

100.0

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
33, 691, 464
17, 665, 218
9,061, 485
2, 547, 606

T o t a l in all districts
Nonfarm remainder outside
i t a n districts
U . S. nonfarm total

33.2
17.4
8.9
2.5

62, 965, 773

1,000,000 or more
250,000 to 999,999
100,000 to 249,999
50,000 to 99,999
140

Percent

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
distriAs a % b u t i o n
Asa %
of T i t l e
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

Vacant, 1940
Increase

Percent

1940

1930,
estimated
by F H A

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

Number

1930

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

New
homes
22.7
47.0
....25.8...
4.5

7 rooms or more
Total

7.6
32.4
24.8

100.0

4 rooms or less
5 rooms

Existing
homes

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
Number

Percent

42,796,170
20.169,603

Metropolitan district

40,713.656
17.527.889

2,082,514
2,641,714

58,241,545

4,724,228

1940

11,903,510
5.317.321

5-1
15.1

62,965.773

I n central city
Outside central city

1930, a
estimated
by F H A

1930 a

1940

8.1

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

596,935 .
254,420

118,272

4.8
4.5

12,539,440
5,651,018

851.355

38.995
79.277

2.744,341| 19.0

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

26.5
23.8

t0

Exterior material
New
homes

20.5
57.O
.9

Other

100.0

100.0

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 9,999k
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

Average
FHA
value of
property

$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

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

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

Wood
Brick

Percent
distribution

New
homes

Number of rooms

homes

F H A valuation of property

to
to
to
to
to
to
or

Percent distribution 1- to 4family homes

Percent distribution
1-family homes

Percent distri-

Total

86
81
76
71
61
51
50

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

24.6
12.4
4.6
6.2

Amount of mortgage
as a percent of *
F H A valuation
of property

100.0

100.0

100.0

Total

4-?am!ly

23.5
19.9

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

bUt

All
homes

Existing
homes

850,819.725

Table 6.—Mortgage as a percent of value, 1940

Percent distribution of amount of
1- to 4-family home mortgages

22.8
19.1

National banks
State banks

Mortgages:
Number
272
Amount....—. $ 118,597,775
Projects:
Number
255
Dwelling
units
30.674

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

New
homes
21.4
47.4
....27.1....
4.1

4 rooms or less
5 rooms
7 rooms or more
Total

Existing
homes
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

1930, »
estimated
by F H A

1930*
Number

Percent

1940

Increase

For sale or rent

Number

Number

Percent
of total

21,824,025
11,867,439

Metropolitan district

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

I n central city.....
Outside central citv

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

0.5
11.8
.24.3,
27.3
29.1
..4.6...
2.4

100.0

Total

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

35.'7
30.9

11.5

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

4.6

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

21.9
37.5

Other

100.0

All
homes

Number of rooms
New
homes

Wood
Brick

Existing
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

Percent distribution
l-family homes

25-3
51.6
21.9
1.2

Percent
distribution

100.0

F H A valuation
of property

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

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