Rockingham

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,690	1,610
II	1,520	1,450
III	1,130	1,070
IV	900	860
Avg. I-IV	1,210	1,150
V	680	640
VI	560	540
VII	340	320
Avg. V-VII	500	480
Avg. I-VII	1,110	1,060
VIII	110	110

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