The Most (and Least) Valuable States
> Value of land per acre: $6,142
> Total value: $122 billion (8th lowest)
> Total acres: 19.9 million (11th lowest)
> Percent land mass rural: 98.8% (11th highest)
As one of the more rural states in the country, Maine does not support a lot of agricultural activities. In fact, just 6.8% of the state’s land is farmland, the lowest percentage in the country. Still the highly rural population likely contributes to the state’s relatively low land valuation of $6,142 per acre, roughly half the value of the entire lower 48 states per acre. While less than 20% of the nation lives in rural areas, 61% of Maine residents do, the highest share in the nation.
> Value of land per acre: $5,565
> Total value: $166 billion (13th lowest)
> Total acres: 29.8 million (19th lowest)
> Percent land mass rural: 97.6% (20th highest)
An average acre of land in Mississippi is worth an estimated $5,600. This is less than half an average acre across the contiguous U.S. States with less valuable land tend to have more federally-owned property. However, less than 9% of land in Mississippi is federally-owned, far less compared to the nearly 24% of the country held by the U.S. government.
> Value of land per acre: $4,664
> Total value: $247 billion (20th lowest)
> Total acres: 53.0 million (11th highest)
> Percent land mass rural: 98.9% (9th highest)
Utah is one of a number of Western states with primarily undeveloped, federally-owned, underpopulated land that is valued relatively low compared to the rest of the country. The federal government owns 68.8% of the land in Utah, which is the second highest proportion among the contiguous 48 states after only Nevada. Barely 1% of the state’s land mass is considered urban, roughly a third of the comparable contiguous U.S. share.
> Value of land per acre: $4,328
> Total value: $315 billion (21st lowest)
> Total acres: 72.8 million (5th highest)
> Percent land mass rural: 98.1% (17th highest)
With more than 72 million acres, Arizona is one of the largest states in the country. However, much of the land is undeveloped and unusable for agricultural purposes, leading to a valuation of just $315 billion, or $4,300 per acre, nearly one-third the value of an average acre in the lower 48 states.
> Value of land per acre: $4,220
> Total value: $220 billion (17th lowest)
> Total acres: 52.1 million (12th highest)
> Percent land mass rural: 98.8% (12th highest)
Nearly 89% of land in Kansas is farmland, the fourth largest percentage in the nation. Agricultural land, which tends to be less valuable than urban, developed areas, accounted for more than 20% of the state’s overall estimated value of $220 million. Like all states with relatively low-valued land, Kansas is sparsely populated with just 34.9 residents per square mile, less than half the national population density.