Franklin City

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	2,870	2,740
II	2,590	2,460
III	1,920	1,820
IV	1,530	1,460
Avg. I-IV	2,500	2,370
V	1,150	1,090
VI	960	910
VII	570	550
Avg. V-VII	890	840
Avg. I-VII	2,380	2,260
VIII	190	180

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