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

Land ClassUse-Value Without RiskUse-Value With Risk
I1,5701,500
II1,4101,350
III1,0501,000
IV840800
Avg. I-IV 1,1401,090
V630600
VI520500
VII310300
Avg. V-VII540510
Avg. I-VII1,1101,060
VIII100100

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