Table 6.- Mean value of resources, 1,088 Southern rural families, 1964.

 Economic Resources
 Resource Item Mean Distribution
 Value
 ($) (%)
Farm* 7,621 51.5
Home, nonfarm 2,062 13.9
Other realty 507 3.4
Inventories** 2,540 17.2
Savings 1,072 7.3
Business 681 4.6
Stocks, bonds, etc. 225 1.5
All other 90 .6
Total 14,798 100.0

 *Farm residence and/or other farm land operated.
 **Farm equipment, automobiles and trucks.
 tCash savings and cash value of life insurance policies.

 Table 7.-Economic resources of 934 Southern white and 154 Southern
Negro families, according to home tenure and race.

 Owners Renters
 Resource Item, 1964
 White Negro White Negro

Real Property: .................... All $14,384 $3,144 $1,439 $ 83
 Farm, not place of residence 6,250 747 1,207 9
 Farm and place of residence 4,524 1,079. 4 -
 Nonfarm home 2,924 1,209 50 25
 Rental 257 53 112 46
 Standing timber 231 53 4 -
 Investment land 115 3 54 3
 Vacation property 83 8
Non-Realty: ........................ All 6,057 1,053 2,271 416
 Farm equipment 2,142 372 835 51
 Automobiles and trucks 1,161 333 490 214
 Business 997 30 27 -
 Cash value, life insurance 923 243 506 129
 Cash savings 417 33 255 6
 Corporation stocks, bonds, etc. 310 85 1
 All other 107 42 73 15
Total $20,441 $4,197 $3,710 $499
Median $ 9,586 $2,500 $ 767 $571
Number of families 736 66 198 88


heads eventually attain age 65. Of the families in the Florida
sample, nearly one-half anticipated the receipt of'$1,800 or less
annually during retirement and an additional fourth from above
$1,800 to $2,400. Only 15 per cent of all the male respondents
in Florida looked forward to annual retirement incomes of $3,000
or more.