taxes Property Tax Assistance

2024 Confidence Interval Detail

Jim Wells County
125-903/Orange Grove 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 18,580,906 0.7432 25,001,219 14 245 0.047634012
A 3 18,801,495 0.8354 22,505,979 15 128 0.041271888
A 4 21,855,777 0.8416 25,969,317 14 106 0.014638759
A 5 25,297,767 0.8479 29,835,791 16 67 0.052827256
E 0 389,175,616 0.8015 485,559,097 45 4,753 0.081395608
Random Totals: 473,711,561 588,871,403 104 5,299
CATG D1 EXCEPTION VALUES: 17,719,664 16,140,952
CATG J EXCEPTION VALUES: 107,357,687 107,405,638
Total Test Values 598,788,912 712,417,993

Margin of Error

Margin of Error Percent: 5.7533441
Margin of Error Value: 40,987,859

Confidence Interval Values(5)

Local Test Value: 598,788,912 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 671,430,134 (State Test Value minus Margin of Error Percent)
State Upper Limit: 753,405,852 (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