Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 3,490 | 3,320 |
II | 3,140 | 2,990 |
III | 2,330 | 2,220 |
IV | 1,860 | 1,770 |
Avg. I-IV | 2,990 | 2,840 |
V | 1,400 | 1,330 |
VI | 1,160 | 1,110 |
VII | 700 | 660 |
Avg. V-VII | 830 | 790 |
Avg. I-VII | 2,910 | 2,770 |
VIII | 230 | 220 |
For all applicable use-value estimates, view King William’s brochure