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

24/7 Wall St. evaluated the approximated worth of land in each of the contiguous 48 states utilizing 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 farming the largest or among the biggest industries in a number of states.

In total, according to the current estimate by the U.S. Department of Agriculture, farmland and farming buildings in the United States deserve a combined $200 billion-plus. Whether an acre of land belongs to a sprawling farm or a dense metro location, its value is mainly determined by its usage.

0 trillion (fourth greatest) $39,842 (11th least expensive) $214,000 (21st greatest) $31,923 $914 billion (sixth highest) $51,841 (19th greatest) $181,200 (23rd most affordable) $32,077 $838 billion (8th highest) $48,188 (23rd highest) $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 (2nd highest) $314,500 (7th greatest) $57,692 $72 billion (2nd least expensive) $63,955 (fourth highest) $252,800 (15th highest) $75,429 $470 billion (15th highest) $56,375 (10th highest) $312,500 (8th greatest) $102,214 $517 billion (13th highest) $66,500 (the highest) $385,400 (2nd 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 greatest) $257,800 (14th highest) $196,410 $930 billion (5th greatest) $56,776 (9th highest) $334,900 (5th highest)To determine the most (and least) important states, 24/7 Wall St.

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To produce a detailed appraisal of the 48 contiguous states, Larson's study, "New Price Quotes of Worth of Land of the United States," presented a range of land worth models for approximating land prices in 2009. The GDP-per-capita figures originated from the Bureau of Economic Analysis and are for 2017. The U.S.

Its material is produced individually of U.S.A. TODAY.

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March 9, 2022 Mayor Adams and Speaker Adams Go Back To Area Where They Matured, Highlighting Major Investments in Infrastructure and Affordable Real Estate City Has Completed $50 Million Water Facilities Job Under Budgetto Address Regular Flooding of Homes and Streets Mayor Starts "Environment Net No" Job, Producing 16 Green Houses for Affordable Homeownership Through Ingenious Community Land Trust Model Video available at:  New York City Mayor Eric Adams today announced milestones in 2 significant jobs that will enhance facilities and quality of life, while tackling the cost effective housing crisis in Southeast Queens.

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They also began building of "Habitat Net No," a task that will turn 13 shabby homes previously owned by the New York City Housing Authority (NYCHA) into 16 green homes for budget friendly homeownership. " Check For Updates  represented the promise of a much better life for my family, and I am going to keep that guarantee for generations of New Yorkers," stated.