taxes Property Tax Assistance

2021 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 5,479,730 0.6298 8,700,746 16 114 0.044413058
A 5,401,860 0.7439 7,261,541 17 67 0.174909708
A 8,440,350 0.9430 8,950,530 18 69 0.033732090
A 8,329,310 0.9126 9,127,011 11 39 0.010167258
E 78,688,720 0.6586 119,478,773 20 882 0.463420150
Random Totals: 106,339,970 153,518,601 82 1,171
CATG D1 EXCEPTION VALUES: 6,794,419 6,336,238
Total Test Values 113,134,389 159,854,839

Margin of Error

Margin of Error Percent: 22.4083389
Margin of Error Value: 35,820,814

Confidence Interval Values(5)

Local Test Value: 113,134,389 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 124,034,025 (State Test Value minus Margin of Error Percent)
State Upper Limit: 195,675,653 (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