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Based on the work of economic expert William D. Larson, the overall value of the 1. 9 billion acres in the contiguous 48 states is nearly $23 trillion or about $12,000 an acre on average. The federal government's stake in this land, nearly one-quarter of the acreage, deserves $1. 8 trillion.

24/7 Wall St. examined the estimated value of land in each of the contiguous 48 states utilizing data from Larson's 2015 research study, "New Quotes of Worth of Land of the United States."Nearly half of the land in the contiguous United States is used for agriculture the biggest or among the largest industries in several states.

In total, according to the current estimate by the U.S. More In-Depth of Agriculture, farmland and agricultural buildings in the United States are worth a combined $200 billion-plus. Whether an acre of land becomes part of a sprawling farm or a thick metro area, its worth is mainly figured out by its use.

0 trillion (4th highest) $39,842 (11th least expensive) $214,000 (21st greatest) $31,923 $914 billion (6th highest) $51,841 (19th highest) $181,200 (23rd lowest) $32,077 $838 billion (8th greatest) $48,188 (23rd greatest) $144,200 (8th lowest) $39,092 $3. 9 trillion (the highest) $60,359 (7th greatest) $509,400 (the highest) $41,314 $1. 2 trillion (3rd greatest) $65,220 (second greatest) $314,500 (7th greatest) $57,692 $72 billion (2nd most affordable) $63,955 (4th highest) $252,800 (15th highest) $75,429 $470 billion (15th greatest) $56,375 (10th highest) $312,500 (8th greatest) $102,214 $517 billion (13th greatest) $66,500 (the highest) $385,400 (second highest) $128,824 $400 billion (18th greatest) $62,633 (5th highest) $273,100 (11th highest) $133,730 $90 billion (3rd most affordable) $48,314 (22nd highest) $257,800 (14th highest) $196,410 $930 billion (5th greatest) $56,776 (9th greatest) $334,900 (5th highest)To determine the most (and least) valuable states, 24/7 Wall St.

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To create a comprehensive assessment of the 48 contiguous states, Larson's research study, "New Price Quotes of Value of Land of the United States," presented a variety of land worth designs for estimating land costs in 2009. The GDP-per-capita figures came from the Bureau of Economic Analysis and are for 2017. The U.S.

Its content is produced independently of USA TODAY.

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Meticulously created & well managed operation offering 1,600 deeded acres of fenced farmland & pasture, with 600 acres of seeded production land, a 10,000+ acre Crown grazing licence, gorgeous cattle ranch home, livestock managing facilities, outbuildings & second rental house.

March 9, 2022 Mayor Adams and Speaker Adams Return to Area Where They Matured, Highlighting Significant Investments in Infrastructure and Affordable Housing City Has Actually Completed $50 Million Water Facilities Task Under Budgetto Address Regular Flooding of Houses and Streets Mayor Starts "Environment Internet Absolutely No" Job, Creating 16 Green Homes for Affordable Homeownership Through Ingenious Community Land Trust Design Video offered at: New York City Mayor Eric Adams today announced milestones in two significant tasks that will enhance facilities and quality of life, while tackling the inexpensive real estate crisis in Southeast Queens.

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They likewise kicked off building and construction of "Environment Net Absolutely No," a project that will turn 13 worn out homes previously owned by the New York City City Housing Authority (NYCHA) into 16 green homes for inexpensive homeownership. "This neighborhood represented the promise of a better life for my family, and I am going to keep that guarantee for generations of New Yorkers," said.