The Top 10 Myths about Homesteading
#1 Most people who homesteaded were successful at it.
Truth: Researchers think the homestead success rate is only around 40%. They get this number by comparing two figures. The number of people who applied for homesteads and those people who actually got patent to the lands for which they applied. Now, the Homestead National Monument and University of Nebraska are conducting new research on success rate of homesteads. Their research helps us better understand the accuracy of this number. They think between 2 and 4 million people applied for homesteads. The research gives us a better idea about that figure as well.
#2 Homesteading only took place in the West.
Truth: Homesteading took place in 30 states. It includes states as different as Florida, Ohio, and Alaska.