Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 5,390 | 5,130 |
II | 4,850 | 4,620 |
III | 3,590 | 3,420 |
IV | 2,870 | 2,740 |
Avg. I-IV | 5,110 | 4,860 |
V | 2,160 | 2,050 |
VI | 1,800 | 1,710 |
VII | 1,080 | 1,030 |
Avg. V-VII | 1,170 | 1,120 |
Avg. I-VII | 5,030 | 4,790 |
VIII | 360 | 340 |
For all applicable use-value estimates, view Northampton’s brochure