taxes Property Tax Assistance

2023 Confidence Interval Detail

Hopkins County
112-906/North Hopkins ISD

Category Summary

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

Stratum
Variance
A 8,026,480 0.7234 11,095,494 12 114 0.053815534
A 9,393,930 0.7538 12,462,099 13 80 0.066338485
A 10,332,750 0.7305 14,144,764 12 66 0.066963052
A 18,851,810 0.9175 20,546,932 12 68 0.007085191
E 130,368,030 0.8489 153,572,894 22 904 0.081073019
Random Totals: 176,973,000 211,822,183 71 1,232
CATG D1 EXCEPTION VALUES: 6,666,780 5,261,484
Total Test Values 183,639,780 217,083,667

Margin of Error

Margin of Error Percent: 8.5756713
Margin of Error Value: 18,616,382

Confidence Interval Values(5)

Local Test Value: 183,639,780 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 198,467,285 (State Test Value minus Margin of Error Percent)
State Upper Limit: 235,700,049 (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