Rockingham

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,620	1,540
II	1,460	1,390
III	1,080	1,030
IV	860	820
Avg. I-IV	1,160	1,110
V	650	620
VI	540	510
VII	320	310
Avg. V-VII	480	460
Avg. I-VII	1,060	1,010
VIII	110	100

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