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

Land ClassUse-Value Without RiskUse-Value With Risk
I1,1601,100
II1,040990
III770730
IV620590
Avg. I-IV 830790
V460440
VI390370
VII230220
Avg. V-VII330310
Avg. I-VII780740
VIII8070

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