San Diego, Arkansas Property Taxes
The median property tax rate in San Diego, AR is 0.80%, which is lower than both the national median of 0.99% and the Arkansas state median of 0.84%. With a median home value of $84,840 in San Diego, the typical annual property tax bill amounts to $677, significantly below the national median of $2,690. Property taxes in San Diego are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Navigating San Diego's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of San Diego or another part of Pulaski County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
San Diego, Arkansas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$1,680
Ownwell’s San Diego Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in San Diego with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in San Diego to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across San Diego, Arkansas
Property taxes in San Diego, Arkansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in San Diego is 0.80%, lower than both the Arkansas state median and the U.S. national median of 0.99%. Local government entities within San Diego set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Diego estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares San Diego's effective property tax rate to other counties in Arkansas and the national median. For comparison, the 92126 zip code has the highest median property tax rate of 0.80%, while the same zip code also has the lowest median tax rate of 0.80%. Understanding how these cities compare with San Diego provides valuable insights into the varying tax landscape across Pulaski County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average San Diego Tax Rate
0.80%
Average Pulaski County Tax Rate
1.04%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Diego, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92126 | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across San Diego, Arkansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in San Diego, Arkansas. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Pulaski County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In San Diego, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price in the area is $84,840, with tax bills typically around $677. Notably, the zip code 92126 has both the highest and lowest median tax bill, standing at $677. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average San Diego Assessed Value
$84,840
Average Pulaski County Assessed Value
$148,242
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across San Diego, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92126 | $84,840 | $84,840 | $84,840 | $84,840 | $84,840 |
Source: Ownwell
Property Tax Bills Across San Diego, Arkansas
In San Diego, Pulaski County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $84,840. Property taxes are determined by multiplying the assessed value by the local tax rate. For instance, with a median tax bill of $677, homeowners in the area are paying a rate that is relatively moderate compared to the national median property tax rate of 0.99%. Several factors influence the property tax bill, including the property's location, market conditions, and any applicable exemptions. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners in San Diego can expect their property tax bills to be consistent, as indicated by the uniform tax bill figures across different percentiles. This stability can be beneficial for financial planning and long-term homeownership.
Average San Diego Tax Bill
$677
Average Pulaski County Tax Bill
$1,457
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across San Diego, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92126 | $677 | $677 | $677 | $677 | $677 |
Source: Ownwell