Blevins, Arkansas Property Taxes
The median property tax rate in Blevins, AR is 0.77%, which is lower than both the national median of 0.99% and the Arkansas state median of 0.84%. With the median home value in Blevins, the typical annual property tax bill is $195, significantly below the national median of $2,690. Property taxes in Blevins are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Blevins' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Blevins or another part of Hempstead County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Blevins, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$280
$260
Ownwell’s Blevins Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blevins with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blevins 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 Blevins, Arkansas
Property taxes in Blevins, Arkansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blevins is 0.77%, which is lower than both the Arkansas state median and the U.S. national median of 0.99%. Local government entities within Blevins set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blevins 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 Blevins's effective property tax rate to other counties in Arkansas and the national median. For comparison, the 71825 zip code has the highest median property tax rate of 0.77%, while the same 71825 zip code also has the lowest median tax rate of 0.77%. Understanding how these cities compare with Blevins provides valuable insights into the varying tax landscape across Hempstead County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blevins Tax Rate
0.77%
Average Hempstead County Tax Rate
0.77%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blevins, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71825 | 0.11% | 0.30% | 0.77% | 0.83% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Blevins, Arkansas
In Blevins, Arkansas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is 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 Hempstead 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 Blevins, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Blevins is $36,425, with tax bills ranging from $53 at the 25th percentile to $648 at the 90th percentile. The zip code 71825 has the highest and lowest median tax bill at $195. Being aware of these valuation processes in Blevins helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Blevins Assessed Value
$36,425
Average Hempstead County Assessed Value
$47,525
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blevins, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71825 | $5,580 | $16,188 | $36,425 | $73,325 | $109,170 |
Source: Ownwell
Property Tax Bills Across Blevins, Arkansas
In Blevins, located in Hempstead 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 Blevins stands at $36,425. Property taxes are determined by multiplying the assessed value by the local tax rate. Various factors, such as property size, location, and improvements, influence the assessed value. Homeowners in Blevins can expect a range of property tax bills. The 25th percentile tax bill is around $53, while the 75th percentile is $367. At the higher end, the 90th percentile tax bill reaches $648. The highest median tax bill in the area is $195, and this amount is consistent across the 71825 zip code. These property taxes fund essential public services, including schools, infrastructure, and emergency services. While the tax rates in Blevins may seem modest compared to the national median property tax rate of 0.99%, the impact on homeowners can vary significantly based on individual property values and local tax policies.
Average Blevins Tax Bill
$195
Average Hempstead County Tax Bill
$306
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Blevins, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71825 | $25 | $53 | $195 | $367 | $648 |
Source: Ownwell