FOREST TAXATION IN THE UNITED STATES 119 
TABLE 29.—Summary of assessment ratio data, by property classes, 1925-380; 
selected counties, North Carolina 
Forest and transitional 
County As- Con- |Assess-| Coet- 
Prop-| area | sessed | sidera- | ment | eDt of 
erties ; ~~ | disper- 
value tion ratio Son 
No. |Acres| Dol. Dol. Pet. Pet. 
Beaufort -_-_- 43] 3,531] 56, 843) 59, 331 66 27 
Chatham__ 31} 1,756] 23, 515} 31, 614 74 44 
Macon__-_-- 22} 1,313} 13,882) 17, 132 81 55 
Other 
County Coeffi- 
As- Con- |Assess- cient of 
EOD: Area | sessed | sidera- | ment 
value tion ratio 
No. |Acres| Dol. Dol. Pet. Pct. 
Beaufort- -_-_ 8 89} 19,597] 12, 930 152 47 
Chatham_-_ 39 154! 24,845) 36, 004 69 46 
Macon_---- 31 430) 43,041] 77, 033 56 32 
Farm and pasture 
AS- Con- |Assess- Co 
sessed | sidera- ment 
value tion ratio 
111) 6, 627 
60} 2, 791 
Prop- 
erties Area 
Dol. Dol. Pet. Pet. 
173, 116} 206, 448 84 29 
127, 097| 161, 137 79 27 
54, 037] 66, 006 82 30 
All classes 
As- Con- |Assess-|COeHi- 
: cient of 
sessed. sidera- | ment Genre 
value | tion | ratio es 
181} 8, 537 
113) 4, 534 
Dol. Dol. Pet. Pet. 
249, 556) 278, 709 90 31 
175, 457] 228, 755 77 32 
110, 960) 160, 171 69 37 
Sources of data: Number of properties, areas, and assessed values from county records. Considerations 
reported by parties to the transactions, or inferred from deeds. 
Assessment ratios computed from assessed 
value and consideration. Coefficients of dispersion computed from assessment ratios of the individual 
properties in each group, weighted by consideration, as explained in the text. 
RESULTS OF ASSESSMENT 
INEQUALITY AMONG INDIVIDUAL PROPERTIES 
The fact that individual properties are in general unequally 
assessed is so well-known as scarcely to require proof by studies of 
assessment ratios. Since real estate is assessed either by properties 
or by parcels, it is inevitable that whatever inequality may exist 
within assessment districts is reflected in different assessment ratios 
for different properties or parcels. The extent to which individual 
assessment ratios vary within the same county as well as within 
certain property classes is illustrated by tables 30-38, which represent 
counties in Wisconsin, Oregon, Washington, and North Carolina, 
where forests are a substantial part of the real estate. 
