taxes Property Tax Assistance

2024 Confidence Interval Detail

Hopkins County
112-906/North Hopkins ISD

Category Summary

(1)
Category 		(1)
Stratum
Number 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2 9,121,290 0.7815 11,671,516 12 106 0.056019806
A 3 8,995,130 0.8354 10,767,453 12 65 0.050103869
A 4 18,399,230 0.8828 20,841,901 12 94 0.038738107
A 5 19,934,930 1.1896 16,757,675 12 52 0.023571614
E 0 159,195,000 0.9162 173,755,730 20 902 0.056143976
Random Totals: 215,645,580 233,794,275 68 1,219
CATG D1 EXCEPTION VALUES: 5,557,280 4,489,717
Total Test Values 221,202,860 238,283,992

Margin of Error

Margin of Error Percent: 7.7406261
Margin of Error Value: 18,444,673

Confidence Interval Values(5)

Local Test Value: 221,202,860 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 219,839,319 (State Test Value minus Margin of Error Percent)
State Upper Limit: 256,728,665 (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