2. Rhode Island ($135,000 per acre)
Rhode Island is known as The Ocean State because it has over 400 miles of coastline with Atlantic Ocean or Narragansett Bay frontage. Basically, all Rhode Island citizens live within just 30-minute drive to the coastline.
There are only around 673,000 acres of land in Rhode Island, making it the smallest state in United States. And with estimated $135,000 land value per acre, Little Rhody has a total of $90 billion land value. That is the third lowest compared to other states.
As for the state’s population density, it is the second highest in United States with 1,006 inhabitants per square mile. Among them is Seth MacFarlane, the mind behind Family Guy which has one of the most expensive ads spots in the world.
And here are some actual properties for sale in Rhode Island:
- 6.5 acres of private open land in a home site of Tiverton, Newport County is on sale for $159,900.
- A 0.06-acre house in the same county, with four bedrooms and four bathrooms, is on sale for $1.09 million.
