Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 5,370 | 5,110 |
II | 4,830 | 4,600 |
III | 3,580 | 3,410 |
IV | 2,860 | 2,730 |
Avg. I-IV | 5,090 | 4,840 |
V | 2,150 | 2,050 |
VI | 1,790 | 1,700 |
VII | 1,070 | 1,020 |
Avg. V-VII | 1,160 | 1,110 |
Avg. I-VII | 5,010 | 4,770 |
VIII | 360 | 340 |
For all applicable use-value estimates, view Northampton’s brochure