FARMS AND FARM VALUES IN THE UNITED STATES 35 



19. FARMS AND FARM VALUES IN THE 

 UNITED STATES 



The Bureau of the Census, of the Department of Commerce, 

 announces, subject to correction, the following preliminary figures 

 from the 1920 census of agriculture, for the United States with 

 comparative figures for 1910. 



NUMBER, ACREAGE, AND VALUE OF FARMS IN THE UNITED STATES: 1920 AND 1910 



January 1, 1320 April 15, 1910 



Number of farms 6,448,366 6,361,502 



Land in farms acres 955,676,545 878,798,325 



Value of land and buildings $67,795,965,384 $34,801,125,697 



Average value of land and buildings: 



Per farm $10,514 $5,471 



Per acre of land in farms $70.94 $39.60 



CHANGES BETWEEN 1910 AND 1920 



Amount Per cent 



Number of farms increase 86,864 1.4 



Land in farms increase acres 76,878,220 8.7 



Value of land and buildings increase . . . $32,994,839,687 94.8 



The number of farms in the United States in 1920, according to 

 the Fourteenth Census, was 6,448,366, as compared with 6,361,502 

 in 1910, showing an increase of 1.4 per cent. The total area of land 

 in farms in 1920 was 955,676,545 acres, as against 878,798,325 

 acres in 1910, showing an increase of 8.7 per cent. 



VALUE OF FARMS 



The value of all farms in the United States on January 1, 1920 

 (value of land and buildings), was $67,795,965,384, as compared 

 with $34,801,125,697 on April 15, 1910. The increase in the value 

 of farms during the decade was $32,994,839,687, or 94.8 per cent. 

 It thus appears that while there was only a slight increase in the 

 number of farms between 1910 and 1920 and an increase of less 

 than 10 per cent in the farm acreage, the value of farms nearly 

 doubled. 



Due allowance must be made, of course, for the fact that farm 

 values in many localities were abnormally high at the beginning of 

 the year 1920, and that present values might be considerably less 

 than those reported at the time of the census. 



