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 0.6397 7,401,907 15 89 0.086530221
A 9,450,650 0.6875 13,746,400 15 101 0.035347791
A 10,679,260 0.7921 13,482,212 15 77 0.049925981
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: 140,819,340 180,677,049 81 1,210
CATG D1 EXCEPTION VALUES: 6,620,610 5,475,812
CATG J EXCEPTION VALUES: 7,540,824 8,131,078
Total Test Values 154,980,774 194,283,939

Margin of Error

Margin of Error Percent: 9.6343959
Margin of Error Value: 18,718,084

Confidence Interval Values(5)

Local Test Value: 154,980,774 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 175,565,855 (State Test Value minus Margin of Error Percent)
State Upper Limit: 213,002,023 (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