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Ranked: America’s Most Valuable Farmland by State

Ranked: America’s Most Valuable Farmland by State

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Key Takeaways

  • Farmland values vary more than 30-fold across the U.S., from $725 per acre in New Mexico to $22,500 in Rhode Island.
  • California ranks fifth despite producing more food than any other state, with farmland averaging $13,700 per acre.
  • The Northeast and Corn Belt dominate the upper end of the ranking, while values are generally lower across the Mountain West.

The land that grows America’s food is also one of the nation’s most valuable assets, with prices shaped by productivity, scarcity, and competing demand.

Using the latest data from the U.S. Department of Agriculture, this map ranks average farmland values by state in 2025.

Why an Acre Is Worth So Much More in Some States

Farmland values reflect a combination of agricultural returns, land availability, and demand from residential and commercial development.

Rhode Island has America’s most valuable farmland, averaging $22,500 per acre, more than five times the national average. Like much of the Northeast, the state has a limited supply of farmland that competes with other forms of development, placing a premium on each available acre.

Rank State Value Per Acre (2025)
1 Rhode Island $22,500
2 New Jersey $16,600
3 Massachusetts $14,900
4 Connecticut $14,400
5 California $13,700
6 Maryland $9,800
7 Iowa $9,790
8 Delaware $9,500
9 Ohio $9,350
10 Illinois $8,930
11 Indiana $8,850
12 Florida $8,700
13 Pennsylvania $8,490
14 Michigan $6,800
15 Minnesota $6,790
16 New Hampshire $6,500
17 Wisconsin $6,420
18 Tennessee $6,150
19 Virginia $6,100
20 Kentucky $5,480
21 North Carolina $5,470
22 Missouri $5,000
23 South Carolina $4,740
24 Georgia $4,720
25 Idaho $4,580
26 Vermont $4,400
27 New York $4,300
28 Nebraska $4,250
28 Arkansas $4,250
30 Arizona $4,180
31 Alabama $4,150
32 Louisiana $3,850
33 Oregon $3,780
34 Washington $3,710
35 Mississippi $3,580
36 West Virginia $3,520
37 Utah $3,500
38 Maine $3,350
39 Kansas $3,100
40 South Dakota $2,970
40 Texas $2,970
42 Oklahoma $2,540
43 North Dakota $2,360
44 Colorado $2,290
45 Montana $1,230
46 Nevada $1,200
47 Wyoming $1,000
48 New Mexico $725
-- U.S. Average $4,350

No data is available for Alaska or Hawaii. Farmland value includes land and buildings.

California ranks fifth at $13,700 per acre. High-value specialty crops help make it America’s largest agricultural economy, while fertile soils, extensive irrigation, and a favorable climate support roughly $67 billion in annual farm output.

Across the Corn Belt, Iowa, Ohio, Illinois, and Indiana rank among the states with the most valuable farmland, supported by ideal growing conditions and decades of strong corn and soybean production.

By contrast, farmland values tend to be lower across the Mountain West and Southwest, where arid conditions and a greater share of lower-valued pastureland reduce average values per acre.

America’s Farmland Is a Finite Resource

America’s 876 million acres of farmland supply food for the domestic market and support $181 billion in food exports, the highest total in the world. The sector also supports thousands of rural communities.

The wide gap between state-level values shows how strongly geography, productivity, and land scarcity shape the economics of American agriculture.

With average farmland values reaching a record $4,350 per acre in 2025, America’s agricultural land continues to appreciate as demand competes for a limited supply.

Learn More on the Voronoi App

To learn more about this topic, check out this graphic on the states with the most farmland.