1989 through 1999 Property Value Studies
| Statewide Median Appraisal Ratios 1989 through 1999 Property Value Studies |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| The table below compares the statewide median appraisal ratios from the 1989 to 1999 Property Value Studies. The statewide median appraisal ratio for an individual property category was calculated using the appraisal ratios of all Property Tax Division sample properties in that category from across the state. The overall statewide median appraisal ratio was calculated using the appraisal ratios for all sample properties. See page 9 for a detailed explanation of median appraisal ratios. | |||||||||||
| Property Category | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 |
| A. Single-family Residential | .98 | .98 | .98 | .98 | .98 | .98 | .98 | .97 | .97 | .98 | .98 |
| B. Multifamily Residential | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | .99 | .99 | .99 | .98 | .99 | .98 |
| C. Vacant Lots | .96 | .98 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| D. Acreage (market value) | .96* | .98* | .99* | 1.00* | 1.00* | 1.00* | 1.00* | .99* | .98* | .98* | .98 |
| E. Farm & Ranch Improvements | * | * | * | * | * | * | * | * | * | * | * |
| F1. Commercial Real | .93 | .97 | .98 | .99 | 1.00 | 1.00 | 1.00 | .99 | .99 | .99 | .98 |
| F2. Industrial Real | ** | ** | ** | ** | ** | ** | ** | ** | ** | ** | ** |
| G. Oil, Gas & Minerals | 1.04 | 1.02 | 1.03 | 1.02 | 1.04 | 1.03 | 1.02 | 1.02 | 1.01 | 1.00 | 1.03 |
| J. Utilities | 1.01 | 1.04 | 1.06 | 1.02 | 1.00 | 1.01 | 1.02 | .99 | 1.00 | 1.00 | .97 |
| L1. Commercial Personal | .93 | .96 | .97 | .98 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| L2. Industrial Personal | ** | ** | ** | ** | ** | ** | ** | ** | ** | ** | ** |
| M. Other Personal | .98 | .99 | 1.06 | ** | ** | ** | ** | ** | ** | ** | ** |
| O. Residential Inventory | 1.06 | 1.00 | 1.03 | ** | ** | ** | ** | ** | ** | ** | ** |
| OVERALL | .97 | .99 | .99 | .99 | .99 | .99 | 1.00 | .99 | .99 | .99 | .99 |