Wealth


Among the 20 wealthiest holders of personal property, there was 4.6 times as much wealth in personal property as in real property. Slaves were personal property.

LocationNameAgeGenderOccupationReal EstatePropertySlavesName on Slave Schedule
BelvoirJos. Baldwin53MFarmer$6,000$360,00034Jos Balding
PittsboroAaron G. Headen37MFarmer$2,000$190,00027Andrew Headen
PittsboroLawrence J. Houghton42MFarmer$75,000$103,50094
PittsboroBrooks Harris57MFarmer$25,000$85,00047
PittsboroJohn H. Haughton40MAttorney$17,000$83,00018
PittsboroStephen W. Cotten68MFarmer$15,000$75,00071
PittsboroUgenia?17FFarmer$12,000$70,00064Everline Alston
PittsboroMartha B. Alston57F$35,000$70,00065
St. LawrenceAnn E. Alston47FLady$12,000$60,00011
PittsboroWoodson Lea70MFarmer$6,000$55,00055
PittsboroElias Bryan52MFarmer$35,000$52,00060
PittsboroJ.Q.A. Leach46MFarmer$14,500$40,00056
GroveCarney Stone42MFarmer$8,000$40,00031
St. LawrenceJno Degraffinreidt36MFarmer$3,600$40,00037
BelvoirRobert Alston50MFarmer$15,000$40,00049
PittsboroLucian Burnett52MFarmer$10,000$40,00036
PittsboroNath'l M. Hill45MFarmer$27,000$40,00040Thos Hill
PittsboroIsaac Clegg65MFarmer$5,000$40,00031
PittsboroSarah A. McClanahan49FDomestic$3,500$40,00037
GulfJos. Palmer56MFarmer$8,000$35,39040
TOTAL$334600$1558890903

14 of these are easily found on the 1860 census of agriculture.  They owned large farms, averaging 482 improved acres and 832 unimproved.  Martha Alston owned 1000 acres improved, 1200 unimproved - more than 3 square miles!  They valued the land at just over 17 cents an acre.

They all had a mix of livestock.  The pigs, sheep and other cattle could have been sources of cash, but there were a lot of mouths to feed.  Feeding an average of 45 slaves may have required much of the slaughtered livestock :
A variety of crops were raised.  A lot of wheat, corn and oats would have gone to the livestock,  Tobacco was clearly the cash crop, but only 5 of the 14 actually grew it.  Were the rest subsistence farmers?  Note the dfferent units of measurement:
And diverse assets and sources of income:





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