Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 3,540 | 3,370 |
| II | 3,190 | 3,030 |
| III | 2,360 | 2,250 |
| IV | 1,890 | 1,800 |
| Avg. I-IV | 3,080 | 2,920 |
| V | 1,420 | 1,350 |
| VI | 1,180 | 1,120 |
| VII | 710 | 670 |
| Avg. V-VII | 1,090 | 1,040 |
| Avg. I-VII | 2,930 | 2,780 |
| VIII | 240 | 220 |
For all applicable use-value estimates, view Isle of Wight’s brochure