Omohundro Institute of Early American History & Culture

Leading Early American Scholarship Since 1943


William and Mary Quarterly

Third Series, Volume LVI
January 1999

Digital Projects

“Growth and the Standard of Living in a Pioneer Economy”

By Frank D. Lewis and M. C. Urquhart.

Table VI: Wealth per Household and per Head (Minus Debts, Cash, and Labor)

Per Head
Option 1 Personal Wealth
Land Value
Wealth
, 8.13
, 9.41
,17.54

OR
, 8.13
, 7.44
,15.57
Option 2 Personal Wealth
Land Value
Wealth
, 8.04
, 9.23
,17.27

OR
, 8.04
, 7.30
,15.34
Option 3 Personal Wealth
Land Value
Wealth
, 7.80
, 8.88
,16.68

OR
, 7.80
, 7.02
,14.82
Option 4 Personal Wealth
Land Value
Wealth
, 8.89
, 8.88
,17.77

OR
, 8.89
, 7.02
,15.91
Per Household
Option 1 Personal Wealth
Land Value
Wealth
, 49.31
, 57.11
,106.42

OR
, 49.31
, 45.16
, 94.47
Option 2 Personal Wealth
Land Value
Wealth
, 49.72
, 57.11
,106.83

OR
, 49.72
, 45.16
, 94.88
Option 3 Personal Wealth
Land Value
Wealth
, 50.97
, 57.11
,108.08

OR
, 50.97 
, 45.16
, 96.13
Option 4 Personal Wealth
Land Value
Wealth
, 46.26
, 45.46
, 91.72

OR
, 46.26
, 35.95
, 82.21
Note: Range for wealth per head: ,16.68 to ,17.77 or ,14.82 to ,15.34; preferred, option 2: ,17.27 or ,15.34.
  Range for wealth per household: ,91.72 to ,108.08 or ,82.21 to ,96.13; option 2 (preferred): ,106.83 or ,94.88.