taxes Property Tax Assistance

2024 Confidence Interval Detail

Houston County
113-902/Grapeland 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 28,695,540 0.9096 31,547,427 13 333 0.066042912
A 3 42,113,130 0.9713 43,357,490 15 276 0.021156203
A 4 49,753,290 0.9446 52,671,279 14 202 0.040287506
A 5 57,897,810 1.0458 55,362,220 15 121 0.071836129
E 0 169,881,520 0.9897 171,649,510 24 1,361 0.069497502
Random Totals: 348,341,290 354,587,926 81 2,293
CATG D1 EXCEPTION VALUES: 18,205,940 17,514,277
CATG J EXCEPTION VALUES: 10,487,037 11,136,793
Total Test Values 377,034,267 383,238,996

Margin of Error

Margin of Error Percent: 5.4823839
Margin of Error Value: 21,010,633

Confidence Interval Values(5)

Local Test Value: 377,034,267 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 362,228,363 (State Test Value minus Margin of Error Percent)
State Upper Limit: 404,249,629 (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