Gloucester

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	2,400	2,280
II	2,160	2,060
III	1,600	1,520
IV	1,280	1,220
Avg. I-IV	1,970	1,880
V	960	910
VI	800	760
VII	480	460
Avg. V-VII	720	680
Avg. I-VII	1,920	1,830
VIII	160	150

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