Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 2,590 | 2,470 |
II | 2,330 | 2,220 |
III | 1,730 | 1,640 |
IV | 1,380 | 1,310 |
Avg. I-IV | 2,190 | 2,090 |
V | 1,040 | 990 |
VI | 860 | 820 |
VII | 520 | 490 |
Avg. V-VII | 710 | 670 |
Avg. I-VII | 2,150 | 2,040 |
VIII | 170 | 160 |
For all applicable use-value estimates, view York’s brochure