Note 129:6 — Chapter VI · NEGRO WEALTH OR POVERTY,—WHICH?
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According to the census, “The average value of farm property per acre was $27.01 for farms operated by Negroes in 1910 as compared with $13.08 for 1900, and $47.72 for farms operated by whites in 1910.” There was no indication whether all land or merely arable land is meant. About three-fourths of the farms operated by Negroes are rented. Observation convinces me that farms owned by Negroes are not more than half so valuable an acre on the average as the land rented by them, for from necessity they buy the least valuable land. This being true, Negro lands in 1900 could not have been worth more than $6.00 an acre and about $13.00 in 1910. However, in making any calculations as to the value of Negro lands and property, I will take the Negro Year Book estimate and apply it to all Negro land.