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

Land ClassUse-Value Without RiskUse-Value With Risk
I1,7201,640
II1,5501,470
III1,1501,090
IV920870
Avg. I-IV 1,2801,220
V690660
VI570550
VII340330
Avg. V-VII520500
Avg. I-VII1,2001,140
VIII110110

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