Income Approach– Estimated use-value of agricultural land ($/acre)

Land ClassUse-Value Without RiskUse-Value With Risk
I520500
II470450
III350330
IV280260
Avg. I-IV 340320
V210200
VI170170
VII100100
Avg. V-VII130130
Avg. I-VII250240
VIII3030

For all applicable use-value estimates, view Carroll’s brochure