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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a considerable amount of unpublished data without which it would have been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
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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 i c t b