Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 3,170 | 3,020 |
| II | 2,860 | 2,720 |
| III | 2,120 | 2,020 |
| IV | 1,690 | 1,610 |
| Avg. I-IV | 2,760 | 2,620 |
| V | 1,270 | 1,210 |
| VI | 1,060 | 1,010 |
| VII | 630 | 600 |
| Avg. V-VII | 980 | 930 |
| Avg. I-VII | 2,630 | 2,500 |
| VIII | 210 | 200 |
For all applicable use-value estimates, view Franklin City’s brochure