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Based on the work of financial expert William D. Larson, the overall worth of the 1. 9 billion acres in the adjoining 48 states is almost $23 trillion or about $12,000 an acre typically. The federal government's stake in this land, nearly one-quarter of the acreage, deserves $1. 8 trillion.
24/7 Wall St. examined the approximated worth of land in each of the adjoining 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 adjoining United States is used for agriculture the largest or among the largest industries in several states.
In overall, according to the current estimate by the U.S. Department of Agriculture, farmland and farming buildings in the United States are worth a combined $200 billion-plus. Whether an acre of land is part of a sprawling farm or a dense metro area, its worth is primarily determined by its use.
0 trillion (4th greatest) $39,842 (11th most affordable) $214,000 (21st highest) $31,923 $914 billion (6th highest) $51,841 (19th highest) $181,200 (23rd lowest) $32,077 $838 billion (8th highest) $48,188 (23rd greatest) $144,200 (8th most affordable) $39,092 $3. 9 trillion (the highest) $60,359 (7th greatest) $509,400 (the greatest) $41,314 $1. 2 trillion (3rd greatest) $65,220 (2nd highest) $314,500 (7th greatest) $57,692 $72 billion (second least expensive) $63,955 (4th greatest) $252,800 (15th highest) $75,429 $470 billion (15th highest) $56,375 (10th greatest) $312,500 (8th highest) $102,214 $517 billion (13th highest) $66,500 (the greatest) $385,400 (2nd greatest) $128,824 $400 billion (18th greatest) $62,633 (5th highest) $273,100 (11th highest) $133,730 $90 billion (3rd least expensive) $48,314 (22nd highest) $257,800 (14th greatest) $196,410 $930 billion (5th greatest) $56,776 (9th highest) $334,900 (5th highest)To determine the most (and least) valuable states, 24/7 Wall St.
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To produce a comprehensive valuation of the 48 contiguous states, Larson's study, "New Quotes of Value of Land of the United States," provided a series of land worth designs for approximating land costs in 2009. The GDP-per-capita figures came from the Bureau of Economic Analysis and are for 2017. The U.S.
Its material is produced independently of USA TODAY.
For Sale: Affordable Land With A Proper Title In A Fast Developing Area, Greenfield Gardens Ilamija Behind Alaro City, Ibeju Lekki, Lagos (Ref: 1209720)
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March 9, 2022 Mayor Adams and Speaker Adams Go Back To Area Where They Matured, Highlighting Major Investments in Facilities and Affordable Housing City Has Completed $50 Million Water Facilities Project Under Budgetto Address Regular Flooding of Houses and Streets Mayor Begins "Habitat Web No" Job, Producing 16 Green Houses for Affordable Homeownership Through Innovative Community Land Trust Model Video readily available at: New York City Mayor Eric Adams today announced milestones in two significant jobs that will enhance infrastructure and quality of life, while tackling the inexpensive real estate crisis in Southeast Queens.
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