Franklin

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,020	970
II	910	870
III	680	650
IV	540	520
Avg. I-IV	690	660
V	410	390
VI	340	320
VII	200	190
Avg. V-VII	210	200
Avg. I-VII	650	620
VIII	70	60

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