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

Land ClassUse-Value Without RiskUse-Value With Risk
I480460
II430410
III320300
IV260240
Avg. I-IV 330310
V190180
VI160150
VII10090
Avg. V-VII150140
Avg. I-VII330310
VIII3030

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