taxes Property Tax Assistance

2023 Appraisal District Ratio Study

Appraisal District Summary Worksheet

243-Wichita

Study Results Last Updated: Feb. 05, 2024

Category Number of Ratios ** 2023 CAD Reported Appraisal Value Median Level of Appraisal Coefficient of Dispersion % Ratios within (+/ -) 10 % of Median % Ratios within (+/ -) 25 % of Median Price - Related Differential
A.SINGLE-FAMILY RESIDENCES 871 6,835,768,603 1.00 8.88 69.69 95.18 1.01
B.MULTI-FAMILY RESIDENCES 33 416,332,260 * * * * *
C1.VACANT LOTS 0 79,350,481 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 8,136,102 * * * * *
E.RURAL-NON-QUAL 48 226,006,325 0.99 24.18 45.83 68.75 1.00
F1.COMMERCIAL REAL 85 1,366,541,208 0.99 5.61 89.41 94.12 0.98
F2.INDUSTRIAL REAL 0 148,219,845 * * * * *
G.OIL, GAS, MINERALS 48 142,668,410 * * * * *
J.UTILITIES 14 457,866,683 0.89 7.06 64.29 100.00 0.95
L1.COMMERCIAL PERSONAL 51 644,702,590 * * * * *
L2.INDUSTRIAL PERSONAL 0 654,749,684 * * * * *
M.OTHER PERSONAL 0 17,398,448 * * * * *
O.RESIDENTIAL INVENTORY 0 12,632,777 * * * * *
S.SPECIAL INVENTORY 0 45,306,797 * * * * *
OVERALL 1,150 11,055,680,213 1.00 9.00 71.48 94.17 1.00

* Category result not calculated. Calculation requires a minimum of five ratios from either of the following:

  • Categories representing at least 25 percent of total CAD category value.
  • Five ISDs or half the ISDs in the CAD, whichever is less
* *Statistical measures may not be reliable when the sample is small