21. Georgia
> Value of land per acre: $14,242
> Total value: $528 billion (12th highest)
> Total acres: 37.1 million (20th largest)

Just 5.8% of all land in the lower 48 states was developed, but that area accounted for more than 50% of the total land value. In Georgia, just under 10% of the total land mass was developed, but that accounted for less than 40% of the total land value of the state. The state’s total value of $528 billion was 12th overall, but per acre, Georgia ranked 21st.

22. Louisiana
> Value of land per acre: $12,908
> Total value: $354 billion (23rd highest)
> Total acres: 27.4 million (17th smallest)

Compared to the rest of the country, only a small percentage of Louisiana’s total property was owned by the federal government, at just 6.2%. By contrast, the U.S. government owned 23.6% of area in the lower 48 states. That small percentage in Louisiana accounted for 6.5% of the state’s total value, compared to just 8% of total value in the contiguous U.S.

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23. Alabama
> Value of land per acre: $12,356
> Total value: $400 billion (18th highest)
> Total acres: 32.4 million (22nd smallest)

Across the contiguous U.S., 5.8% of all land was developed, but that area accounted for more than half the total value of the nation. In Alabama, 7% of the total land mass was developed, but that accounted for just 27.9% of the state’s total value. The state’s land value of $400 billion was 18th overall, but per acre, Georgia ranked 23rd.

24. West Virginia
> Value of land per acre: $10,537
> Total value: $162 billion (12th lowest)
> Total acres: 15.4 million (9th smallest)

West Virginia’s total acreage was estimated to be worth just over $160 billion, 12th lowest in the country. Per acre, the land was more valuable, however, ranking 24th at $10,500 per acre. Across the continental U.S., 5.8% of all land was developed, but that area accounted for more than half the total value of the nation. In West Virginia, 7% of the total land mass was developed, but that accounted for just 17.4% of the state’s total value.

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25. Wisconsin
> Value of land per acre: $9,924
> Total value: $344 billion (24th highest)
> Total acres: 34.7 million (24th smallest)

Just 6.3% of Wisconsin’s total acreage was owned by the federal government, versus 23.6% of the land in the continental U.S. Federal land in the state accounted for just 2.6% of the state’s total valuation, less than a third of the value of the proportion owned by the U.S. government across the lower 48 states. In the continental U.S., farmland accounted for 47% of all land, but just 8% of the total value. In Wisconsin, it was 43.7% of the total area, but accounted for nearly 15% of its value.