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

24/7 Wall St. reviewed the estimated value of land in each of the adjoining 48 states utilizing data from Larson's 2015 study, "New Price Quotes of Worth of Land of the United States."Almost half of the land in the contiguous United States is utilized for farming the largest or among the biggest markets in several states.

In overall, according to the current price quote by the U.S. Department of Farming, farmland and farming buildings in the United States are worth a combined $200 billion-plus. Whether an acre of land belongs to a sprawling farm or a dense metro area, its value is mainly determined by its usage.

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

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To produce a thorough appraisal of the 48 adjoining states, Larson's research study, "New Quotes of Worth of Land of the United States," provided a variety of land worth designs for estimating 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 Return to Location Where They Matured, Highlighting Significant Investments in Infrastructure and Affordable Real Estate City Has Completed $50 Million Water Facilities Project Under Budgetto Address Routine Flooding of Residences and Streets Mayor Begins "Environment Net Zero" Task, Developing 16 Green Houses for Affordable Homeownership Through Ingenious Community Land Trust Model Video available at:  New York City Mayor Eric Adams today revealed turning points in 2 significant tasks that will improve infrastructure and lifestyle, while dealing with the economical real estate crisis in Southeast Queens.

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They also began building and construction of "Environment Web Absolutely No," a task that will turn 13 shabby houses previously owned by the New York City Real Estate Authority (NYCHA) into 16 green homes for economical homeownership. " Check For Updates  represented the promise of a better life for my family, and I am going to keep that guarantee for generations of New Yorkers," stated.