Table 8. Comparison of Rural Districts Having a Population 



of 1,000 to 2,500 on the Basis of Whether or not 



the District Maintains a High School.* 



* Five districts in which a private high school was located were excluded. 



Population and Equalized Valuation 



It is a normal situation for sparsely populated towns to have a 

 smaller total taxable wealth than the more populous communities. On 

 the other hand, some towns of low population, and of a correspondingly 

 small number of resident pupils, have a large amount of non-resident 

 property which causes a high valuation per pupil and per capita. Ob- 

 viously, one million dollars of taxable wealth in recreational, utility 

 or some other form of property owned by non-residents, would have 

 much more effect on taxable wealth per pupil and per capita for a small 

 town than for a larger community. An examination of the averages in 

 Table 9 supports this hypothesis. The average total equalized valuation 

 increases with the higher population groups, but decreases on a per pupil 

 and per capita basis. Averages, however, indicate a general situation 



Table 9. Relation of Population to Total Equalized Valuation, 

 and to Equalized Valuation Per Pupil and Per Capita, 1962. 



Population 



Equalized valuation of taxable property 



Total ($000's) 



Range 



Ave. 



Per Pupil 



Range 



Ave. 



Per Capita 



Range 



Ave. 



Under 500 

 500 to 999 

 1,000 to 1,499 

 1,500 to 1,999 

 2,000 to 2,500 



$ 319-$11,314 $2,271 

 1,281- 20,408 4,280 

 3,019- 27,606 6,871 

 4,807- 12,599 6,986 

 5,846- 25,521 10,400 



$9,208-$102,516 $34,901 



8,777- 110,496 26,331 



10,844- 87,140 25,271 



11,945- 44.222 21,990 



14,279- 46,258 20,754 



$2,030.$26,747 $7,672 



1,781- 24,528 5,741 



2,537- 19,879 5,535 



3,116- 7,020 4,020 



2,392- 11,595 4,709 



16 



