Gloucester

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	2,190	2,090
II	1,970	1,880
III	1,460	1,390
IV	1,170	1,110
Avg. I-IV	1,800	1,710
V	880	840
VI	730	700
VII	440	420
Avg. V-VII	660	630
Avg. I-VIII	1,750	1,670
VIII	150	140

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