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

Land ClassUse-Value Without RiskUse-Value With Risk
I2,0801,990
II1,8801,790
III1,3901,320
IV1,1101,060
Avg. I-IV 1,5501,480
V830790
VI690660
VII420400
Avg. V-VII630600
Avg. I-VII1,4601,390
VIII140130

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