taxes Property Tax Assistance

2024 Confidence Interval Detail

Martin County
156-905/Grady 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
G1 2 2,140,714,087 0.9995 2,141,784,979 15 355 0.000420402
G1 3 2,133,641,063 1.0045 2,124,082,691 15 151 0.000199433
G1 4 2,140,972,459 0.9985 2,144,188,742 15 71 0.000230555
G1 5 2,132,837,775 1.0004 2,131,984,981 9 18 0.000152852
Random Totals: 8,548,165,384 8,542,041,393 54 595
CATG D1 EXCEPTION VALUES: 3,118,861 12,285,507
CATG J EXCEPTION VALUES: 6,114,666 6,012,594
Total Test Values 8,557,398,911 8,560,339,494

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 428,016,975

Confidence Interval Values(5)

Local Test Value: 8,557,398,911 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 8,132,322,519 (State Test Value minus Margin of Error Percent)
State Upper Limit: 8,988,356,469 (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