Posted 1/31/2015 10:55 (#4351924 - in reply to #4351902) Subject: RE: Avg wage in relation to farmland values
Did you adjust the farmland price after taxes? You can take off at least 19% off sale price for taxes on a small parcel, and 32% on large sales. So, a sale of $10,000 per acre returns only $8100 to the seller.