taxes Property Tax Assistance

2023 Confidence Interval Detail

Hamilton County
050-909/Jonesboro ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 8,472,890 1.1097 7,635,298 15 51 0.020240827
E 30,457,381 0.9767 31,183,967 20 154 0.024767080
Random Totals: 38,930,271 38,819,265 35 205
CATG D1 EXCEPTION VALUES: 3,725,791 3,074,217
CATG J EXCEPTION VALUES: 2,509,440 2,492,868
Total Test Values 45,165,502 44,386,350

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,219,318

Confidence Interval Values(5)

Local Test Value: 45,165,502 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 42,167,032 (State Test Value minus Margin of Error Percent)
State Upper Limit: 46,605,668 (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