Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 3,120 | 2,970 |
| II | 2,800 | 2,670 |
| III | 2,080 | 1,980 |
| IV | 1,660 | 1,580 |
| Avg. I-IV | 2,780 | 2,650 |
| V | 1,250 | 1,190 |
| VI | 1,040 | 990 |
| VII | 620 | 590 |
| Avg. V-VII | 1,050 | 1,000 |
| Avg. I-VII | 2,720 | 2,590 |
| VIII | 210 | 200 |
For all applicable use-value estimates, view Northumberland’s brochure