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Based on the work of economist William D.  More Discussion Posted Here , the overall worth of the 1. 9 billion acres in the adjoining 48 states is almost $23 trillion or about $12,000 an acre on average. The federal government's stake in this land, almost one-quarter of the acreage, is worth $1. 8 trillion.

24/7 Wall St. evaluated the approximated worth of land in each of the adjoining 48 states using information from Larson's 2015 study, "New Quotes of Value of Land of the United States."Nearly half of the land in the contiguous United States is used for agriculture the largest or one of the largest markets in several states.

In overall, according to the most recent price quote by the U.S. Department of Farming, farmland and farming structures in the United States are worth a combined $200 billion-plus. Whether an acre of land belongs to a vast farm or a dense city location, its value is mostly determined by its use.

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

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To produce an extensive assessment of the 48 contiguous states, Larson's research study, "New Estimates of Worth of Land of the United States," presented a variety of land value models for estimating land costs in 2009. The GDP-per-capita figures originated from the Bureau of Economic Analysis and are for 2017. The U.S.

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March 9, 2022 Mayor Adams and Speaker Adams Go Back To Location Where They Matured, Highlighting Major Investments in Infrastructure and Affordable Housing City Has Completed $50 Million Water Facilities Job Under Budgetto Address Routine Flooding of Residences and Streets Mayor Begins "Habitat Internet Absolutely No" Task, Developing 16 Green Homes for Affordable Homeownership Through Ingenious Neighborhood Land Trust Model Video readily available at:  New York City Mayor Eric Adams today revealed turning points in two major jobs that will enhance infrastructure and lifestyle, while taking on the cost effective real estate crisis in Southeast Queens.

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They also kicked off construction of "Habitat Net No," a task that will turn 13 shabby homes previously owned by the New York City City Real Estate Authority (NYCHA) into 16 green houses for affordable homeownership. "This community represented the pledge of a much better life for my household, and I am going to keep that promise for generations of New Yorkers," stated.