taxes Property Tax Assistance

2022 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 4,735,000 0.6655 7,114,951 15 89 0.100202195
A 9,450,650 0.7034 13,435,670 15 101 0.029557636
A 10,679,260 0.8014 13,325,755 15 77 0.053756916
A 11,767,680 0.8377 14,047,607 15 54 0.013740758
E 104,186,750 0.7893 131,998,923 21 889 0.107659501
Random Totals: 140,819,340 179,922,906 81 1,210
CATG D1 EXCEPTION VALUES: 6,623,470 5,478,032
CATG J EXCEPTION VALUES: 7,540,824 7,909,536
Total Test Values 154,983,634 193,310,474

Margin of Error

Margin of Error Percent: 9.6807097
Margin of Error Value: 18,713,826

Confidence Interval Values(5)

Local Test Value: 154,983,634 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 174,596,648 (State Test Value minus Margin of Error Percent)
State Upper Limit: 212,024,300 (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