taxes Property Tax Assistance

2021 Confidence Interval Detail

Hamilton County
050-909/Jonesboro ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 360,270 1.0614 339,429 5 7 0.112784467
A 1,819,870 0.9137 1,991,759 10 24 0.010021751
A 1,949,430 1.0145 1,921,567 7 18 0.024304971
A 1,210,170 1.0530 1,149,272 6 7 0.013134827
D2 1,651,385 1.0039 1,644,970 9 80 0.000438054
E 21,133,945 0.9611 21,989,330 20 172 0.083861654
Random Totals: 28,125,070 29,036,327 57 308
CATG D1 EXCEPTION VALUES: 3,723,850 3,072,465
CATG J EXCEPTION VALUES: 2,147,605 2,545,795
Total Test Values 33,996,525 34,654,587

Margin of Error

Margin of Error Percent: 7.7692864
Margin of Error Value: 2,692,414

Confidence Interval Values(5)

Local Test Value: 33,996,525 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 31,962,173 (State Test Value minus Margin of Error Percent)
State Upper Limit: 37,347,001 (State Test Value plus Margin of Error Percent)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values