It might just be the the real estate story to end all real estate stories.
There’s a new paper out from the Bureau of Economic Analysis in the Commerce Department about the value of the land in the United States — well, the 48 contiguous states, at least.
It all adds up to 1.89 billion acres, worth a grand total of approximately $23 trillion. California is cited as the most valuable state, and Wyoming the least.
The federal government owns 24 percent of all the land by area, but just 8 percent by dollar value.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
