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Based upon the work of economist 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 usually. The federal government's stake in this land, almost one-quarter of the acreage, deserves $1. 8 trillion.

24/7 Wall St. examined the estimated value of land in each of the adjoining 48 states utilizing information from Larson's 2015 research study, "New Quotes of Value of Land of the United States."Almost half of the land in the contiguous United States is used for farming the largest or among the largest markets in a number of states.

In overall, according to the most recent estimate by the U.S. Department of Agriculture, farmland and agricultural structures in the United States deserve a combined $200 billion-plus. Whether an acre of land belongs to a vast farm or a thick metro location, its worth is mainly determined by its use.

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

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To generate an extensive evaluation of the 48 adjoining states, Larson's research study, "New Quotes of Worth of Land of the United States," provided a range of land value models for estimating land rates 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 independently 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 Significant Investments in Infrastructure and Affordable Real Estate City Has Completed $50 Million Water Infrastructure Project Under Budgetto Address Routine Flooding of Residences and Streets Mayor Kicks off "Habitat Net No" Task, Developing 16 Green Homes for Affordable Homeownership Through Ingenious Community Land Trust Model Video available at:  New York City City Mayor Eric Adams today announced milestones in 2 significant jobs that will enhance infrastructure and lifestyle, while tackling the affordable housing crisis in Southeast Queens.

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They likewise started construction of "Habitat Web Zero," a job that will turn 13 worn out homes previously owned by the New York City Real Estate Authority (NYCHA) into 16 green houses for cost effective homeownership. " More Details  represented the pledge of a better life for my family, and I am going to keep that promise for generations of New Yorkers," said.