taxes Property Tax Assistance

2023 Appraisal District Ratio Study

Appraisal District Summary Worksheet

037-Cherokee

Study Results Last Updated: Oct. 22, 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 505 2,252,290,641 1.01 16.93 43.17 76.44 1.01
B.MULTI-FAMILY RESIDENCES 0 54,820,420 * * * * *
C1.VACANT LOTS 0 83,945,136 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 40,283,450 * * * * *
E.RURAL-NON-QUAL 174 1,526,322,537 1.00 21.50 36.21 67.82 1.05
F1.COMMERCIAL REAL 95 348,508,244 * * * * *
F2.INDUSTRIAL REAL 0 83,013,140 * * * * *
G.OIL, GAS, MINERALS 69 161,595,648 1.02 8.36 85.51 94.20 1.02
J.UTILITIES 6 269,358,180 0.86 4.84 100.00 100.00 0.91
L1.COMMERCIAL PERSONAL 11 132,061,810 * * * * *
L2.INDUSTRIAL PERSONAL 0 267,507,350 * * * * *
M.OTHER PERSONAL 0 100,252,340 * * * * *
O.RESIDENTIAL INVENTORY 0 1,337,920 * * * * *
S.SPECIAL INVENTORY 0 7,740,540 * * * * *
OVERALL 860 5,329,037,356 1.00 17.36 45.12 75.93 1.01

* 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