Essex

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	2,900	2,760
II	2,610	2,490
III	1,930	1,840
IV	1,550	1,470
Avg. I-IV	2,480	2,370
V	1,160	1,110
VI	970	920
VII	580	550
Avg. V-VII	600	570
Avg. I-VII	2,410	2,290
VIII	190	180

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