Essex

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	3,430	3,260
II	3,080	2,940
III	2,280	2,180
IV	1,830	1,740
Avg. I-IV	2,930	2,800
V	1,370	1,310
VI	1,140	1,090
VII	690	650
Avg. V-VII	720	680
Avg. I-VII	2,840	2,710
VIII	230	220

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