Johnson County Property Taxes
The median property tax rate in Johnson County is 0.75%, 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 $80,100 in Johnson County, the typical annual property tax bill is $542, considerably below the national median of $2,690. Property taxes in Johnson County are calculated based on the tax assessed value, which typically falls under the actual market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Johnson County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Clarksville or another part of Johnson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Johnson County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$601
$557
Ownwell’s Johnson County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Johnson County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Johnson County to provide an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities. For more localized trends, scroll down to navigate to city-specific information. Your property assessed value is the value assigned by the county for tax calculations, considering any exemptions you may have.
Property Tax Rates Across Johnson County, Arkansas
Property taxes in Johnson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Johnson County is 0.75%, which is lower than the U.S. national median of 0.99%. Local government entities within Johnson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Johnson County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Johnson County's effective property tax rate with other areas and the national median. For comparison, the city of Hagarville has one of the higher property tax rates in Arkansas at 0.95%, while the city of Hartman boasts one of the lowest at 0.65%. Analyzing how Johnson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Johnson County Tax Rate
0.75%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Johnson County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Altus | 0.22% | 0.40% | 0.74% | 0.95% | 0.95% |
| Cave Springs | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% |
| Clarksville | 0.28% | 0.52% | 0.75% | 1.04% | 1.04% |
| Coal Hill | 0.21% | 0.48% | 0.88% | 1.05% | 1.05% |
| Hagarville | 0.29% | 0.56% | 0.95% | 1.01% | 1.02% |
| Hartman | 0.14% | 0.31% | 0.65% | 0.98% | 1.10% |
| Knoxville | 0.18% | 0.47% | 0.77% | 1.03% | 1.16% |
| Lamar | 0.27% | 0.53% | 0.75% | 1.01% | 1.11% |
| London | 0.27% | 0.53% | 0.78% | 1.01% | 1.01% |
| Oark | 0.17% | 0.47% | 0.94% | 0.94% | 0.95% |
| Ozark | 0.20% | 0.48% | 0.76% | 0.94% | 0.98% |
| Ozone | 0.16% | 0.39% | 0.76% | 1.01% | 1.08% |
| Pettigrew | 0.41% | 0.70% | 0.94% | 0.94% | 0.99% |
| Springdale | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Johnson County, Arkansas
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Johnson County, Arkansas. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Johnson County Appraisal District. The assessed value, however, 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. Assessment notices in Johnson County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Springdale has the highest median tax bill at $695, while Oark has the lowest at $300. Being aware of these valuation processes in Johnson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Johnson County Assessed Value
$80,100
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Johnson County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Altus | $13,520 | $29,638 | $68,875 | $128,550 | $207,110 |
| Cave Springs | $33,750 | $33,750 | $33,750 | $33,750 | $33,750 |
| Clarksville | $27,490 | $54,700 | $90,050 | $132,450 | $190,390 |
| Coal Hill | $17,110 | $30,750 | $47,700 | $73,925 | $104,035 |
| Hagarville | $17,860 | $29,500 | $60,650 | $109,200 | $158,760 |
| Hartman | $15,930 | $32,300 | $58,450 | $98,800 | $154,280 |
| Knoxville | $18,630 | $41,500 | $71,250 | $132,050 | $224,670 |
| Lamar | $22,495 | $46,588 | $84,625 | $133,312 | $198,820 |
| London | $16,750 | $34,725 | $75,500 | $136,350 | $228,030 |
| Oark | $10,950 | $20,525 | $45,700 | $75,425 | $118,975 |
| Ozark | $17,495 | $35,375 | $69,450 | $124,462 | $207,650 |
| Ozone | $16,600 | $34,750 | $59,400 | $99,825 | $153,300 |
| Pettigrew | $7,910 | $24,200 | $61,300 | $90,800 | $124,600 |
| Springdale | $73,750 | $73,750 | $73,750 | $73,750 | $73,750 |
Source: Ownwell
Property Tax Bills Across Johnson County, Arkansas
In Johnson 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 the county is $80,100. Homeowners can expect their tax bills to vary significantly depending on their property's assessed value and the local tax rate. For example, the 25th percentile tax bill is $252, while the 75th percentile tax bill is much higher at $950. In some cases, tax bills can reach up to $1,467, which is the 90th percentile. Several factors contribute to the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. The highest median tax bill in the county is found in Springdale at $695, while Oark has the lowest at $300. Compared to the national median property tax rate of 0.99%, homeowners in Johnson County experience a range of tax obligations that can significantly impact their annual budget.
Average Johnson County Tax Bill
$542
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Johnson County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Altus | $68 | $160 | $314 | $670 | $1,744 |
| Cave Springs | $318 | $318 | $318 | $318 | $318 |
| Clarksville | $112 | $330 | $634 | $1,038 | $1,511 |
| Coal Hill | $72 | $179 | $319 | $547 | $851 |
| Hagarville | $86 | $216 | $397 | $851 | $1,333 |
| Hartman | $40 | $125 | $331 | $640 | $1,131 |
| Knoxville | $59 | $216 | $541 | $952 | $1,694 |
| Lamar | $100 | $271 | $578 | $1,004 | $1,541 |
| London | $88 | $222 | $472 | $1,048 | $1,628 |
| Oark | $49 | $136 | $300 | $462 | $792 |
| Ozark | $64 | $177 | $419 | $817 | $1,632 |
| Ozone | $49 | $152 | $388 | $686 | $1,110 |
| Pettigrew | $103 | $233 | $465 | $701 | $956 |
| Springdale | $695 | $695 | $695 | $695 | $695 |
Source: Ownwell