taxes Property Tax Assistance

2023 Appraisal District Ratio Study

Appraisal District Summary Worksheet

117-Hutchinson

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 246 812,601,480 0.98 18.28 36.18 76.02 1.03
B.MULTI-FAMILY RESIDENCES 1 9,039,840 * * * * *
C1.VACANT LOTS 0 15,030,810 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 8 7,412,480 * * * * *
E.RURAL-NON-QUAL 33 41,469,580 * * * * *
F1.COMMERCIAL REAL 29 117,772,450 * * * * *
F2.INDUSTRIAL REAL 0 1,493,872,751 * * * * *
G.OIL, GAS, MINERALS 106 92,681,020 1.01 7.76 82.08 93.40 1.02
J.UTILITIES 18 154,492,310 0.90 9.75 72.22 88.89 0.93
L1.COMMERCIAL PERSONAL 25 57,577,520 * * * * *
L2.INDUSTRIAL PERSONAL 0 630,897,970 * * * * *
M.OTHER PERSONAL 0 10,740,270 * * * * *
O.RESIDENTIAL INVENTORY 0 225,670 * * * * *
S.SPECIAL INVENTORY 0 4,445,790 * * * * *
OVERALL 466 3,448,259,941 0.99 15.59 49.57 81.12 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