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Land Values in Augusta and Franklin Counties
Franklin farms were more intensely cultivated, and held a much higher average value per acre of improved and unimproved land
across all soil types. In Augusta the larger the farm size the lower the average value by acre.
|
Average Farm Values by Acre in Dollars |
|
Augusta |
Franklin |
|
Mean |
Median |
Mean |
Median |
| County Average |
32.7 |
30.0 |
54.3 |
50.0 |
| Nonslaveholders |
31.1 |
25.4 |
|
| Slaveholders |
35.1 |
33.1 |
|
| Best Soil |
34.1 |
30.0 |
66.8 |
66.5 |
| Medium Soil |
32.0 |
31.8 |
45.1 |
40.0 |
| Worst Soil |
18.4 |
15.0 |
19.7 |
12.4 |
| Lowest Farm Value Quintile |
21.4 |
15.0 |
40.0 |
20.0 |
| Low-Medium Farm Value Quintile |
22.1 |
21.5 |
48.2 |
32.9 |
| Medium Farm Value Quintile |
42.7 |
31.5 |
50.7 |
46.1 |
| Medium-High Farm Value Quintile |
34.5 |
34.3 |
58.7 |
60.0 |
| High Farm Value Quintile |
41.9 |
40.0 |
71.9 |
70.0 |
| Smallest Farm Size Quintile |
46.9 |
30.8 |
71.7 |
67.1 |
| Small-Medium Farm Size Quintile |
30.4 |
30.0 |
50.4 |
48.0 |
| Medium Farm Size Quintile |
30.8 |
30.0 |
32.6 |
30.2 |
| Medium-Large Farm Size Quintile |
29.0 |
30.2 |
26.4 |
21.9 |
| Largest Farm Size Quintile |
21.8 |
14.0 |
10.3 |
10.3 |
The data are based on the GIS of Augusta and Franklin households--maps are derived from a D. H. Davison map of Franklin County,
published in 1858, and a Jedediah Hotchkiss map of Augusta County, published in 1870, and based on surveys completed "during
the war." The maps have been georeferenced at the Virginia Center for Digital History, using ESRI Arc Info to produce a Geographic
Information Systems map and database of households based on U.S. census data from the population, agricultural, and slaveowners'
schedules.
Edward L. Ayers and William G. Thomas, III
Land Values in Augusta and Franklin Counties
2001.
Points of Analysis to this Data:
 "Slaveholders in Augusta did not monopolize the best soil nor did they crowd out nonslaveholders or small slaveholders."
"The visible differences that slavery made in the arrangement of the landscape were apparent to many observers, but Northerners
and Southerners interpreted them differently. Northerners focused on land value per acre and Southerners on the dollar value
of their crops."
Citation: Key = E132
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