Special Report

America's Most (and Least) Valuable States

6. Delaware
> Value of land per acre:
$57,692
> Total value: $72 billion (2nd lowest)
> Total acres: 1.2 million (2nd smallest)

Delaware was worth just $72 billion, the second lowest compared to other states. On a per acre basis, however, the state was valued at $57,700 on average, the sixth highest in the country.

7. New York
> Value of land per acre:
$41,314
> Total value: $1.2 trillion (3rd highest)
> Total acres: 30.1 million (20th smallest)

While the nation’s largest states tend to be worth less on the whole, New York is quite large and very valuable. Its more than 30 million acres were worth $41,300 each, on average.

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8. California
> Value of land per acre:
$39,092
> Total value: $3.9 trillion (the highest)
> Total acres: 99.9 million (2nd largest)

Nearly 52% of California was federally owned, the fifth largest figure nationwide and an exceptionally large percentage compared to other high-value states. The state’s almost 100 million acres were worth an estimated $3.9 trillion, making the state the most valuable overall. On a per acre basis, however, California was worth just over $39,000, the eighth most valuable in the country.

9. Ohio
> Value of land per acre:
$32,077
> Total value: $838 billion (8th highest)
> Total acres: 26.1 million (15th smallest)

While more than half of Ohio is used for agricultural purposes — which tends to make it less valuable than other land classifications — the state is still among the most valuable in the nation. As a whole, Ohio was worth $838 billion, the eighth most valuable compared to other states. And an Ohio acre was worth more than $32,000 on average, versus the national figure of just over $12,000.

10. Pennsylvania
> Value of land per acre:
$31,923
> Total value: $914 billion (6th highest)
> Total acres: 28.6 million (18th smallest)

One acre in Pennsylvania was worth $31,923 on average, the 10th most valuable in the country. Just 3% of the state’s land is owned by the federal government, which accounted for just 1.3% of the state’s total value, a relatively low percentage, even when compared to other high-value states.

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