128 



STATION BULLETIN 346 



Towns were further sorted on the basis of "percent of population 

 rural farm." This is not as significant a factor as density of popula- 

 tion and adds nothing of value to the present analysis. 



Assessed Valuation per Town 



The assessed valuation of all taxable property per town ranges 

 from $134,620 to $2,011,925 and averages $728,464 for the 89 towns. 

 A total of 18 towns have a total taxable wealth of less than $400,000, 

 and 21 towns have a valuation of $1,000,000 or more (Table 5). In 

 general, taxable wealth is closely associated with population per town 

 and density of population, as shown previously. 



Table 5. Relation of Assessed Valuation per Town to Expenditures, Taxes, 

 AND Other Factors 



The loss in population since 1880 is inversely associated with 

 valuation. Towns with a valuation of less than $400,000 in 1938 lost 

 approximately one-half of their population during the 50-year period 

 subsequent to 1880, whereas in towns with a valuation of $1,000,000 

 and over the: 1930 population was 85.4 per cent of that in 1880. In 

 towns- with $1,000,000 or more of taxable wealth the net expenditures 

 per town and the adjusted property tax levy per town amounted to 

 $50,317 and $43,101, respectively. These are more than four times the 

 amounts for towns with less than $400,000 of taxable wealth. How- 



