Stone County Property Taxes
The median property tax rate in Stone County is 0.71%, which is significantly lower than both the national median of 0.99% and the Arkansas state median of 0.84%. With the median home value in Stone County at $77,600, the typical annual property tax bill is $507, far below the national median of $2,690. Property taxes in Stone County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Stone 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 Mountain View or another part of Stone County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stone County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$551
-$5,774
Ownwell’s Stone County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Stone County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Stone County to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Stone County, Arkansas
Property taxes in Stone County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Stone County is 0.71%, which is lower than the U.S. national median of 0.99%. Local government entities within Stone County set these rates annually, and they can vary significantly between different areas within the county. Each year, Stone 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. For comparison, the city of Calico Rock has one of the higher property tax rates in the region at 0.90%, while the city of Big Flat boasts one of the lowest at 0.57%. Analyzing how Stone County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Stone County Tax Rate
0.71%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stone County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alco | 0.44% | 0.51% | 0.60% | 0.67% | 0.72% |
| Big Flat | 0.40% | 0.48% | 0.57% | 0.68% | 0.72% |
| Calico Rock | 0.67% | 0.77% | 0.90% | 0.99% | 0.99% |
| Clinton | 0.52% | 0.62% | 0.72% | 0.72% | 0.82% |
| Drasco | 0.66% | 0.71% | 0.78% | 0.87% | 0.88% |
| Edgemont | 0.49% | 0.59% | 0.65% | 0.72% | 0.72% |
| Fifty Six | 0.49% | 0.61% | 0.72% | 0.76% | 0.76% |
| Fox | 0.48% | 0.56% | 0.65% | 0.72% | 0.72% |
| Leslie | 0.51% | 0.60% | 0.68% | 0.72% | 0.72% |
| Locust Grove | 0.49% | 0.56% | 0.69% | 0.72% | 0.72% |
| Marcella | 0.48% | 0.61% | 0.72% | 0.72% | 0.72% |
| Marshall | 0.51% | 0.58% | 0.64% | 0.71% | 0.72% |
| Mountain View | 0.49% | 0.61% | 0.72% | 0.72% | 0.76% |
| Onia | 0.43% | 0.53% | 0.63% | 0.72% | 0.72% |
| Pleasant Grove | 0.41% | 0.54% | 0.68% | 0.72% | 0.72% |
| Shirley | 0.49% | 0.57% | 0.63% | 0.72% | 0.72% |
| Timbo | 0.46% | 0.57% | 0.67% | 0.72% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Stone County, Arkansas
In Stone County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. 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 Stone 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 Stone 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. Locust Grove has the highest median tax bill at $626, while Big Flat has the lowest at $288. Being aware of these valuation processes in Stone County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Stone County Assessed Value
$77,600
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stone County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alco | $12,495 | $38,238 | $67,225 | $114,150 | $146,375 |
| Big Flat | $13,025 | $46,800 | $59,300 | $82,612 | $110,200 |
| Calico Rock | $19,385 | $43,375 | $71,425 | $114,888 | $150,530 |
| Clinton | $14,280 | $32,600 | $56,600 | $91,200 | $141,670 |
| Drasco | $12,800 | $29,150 | $73,850 | $116,850 | $170,350 |
| Edgemont | $9,345 | $34,725 | $64,475 | $121,600 | $236,230 |
| Fifty Six | $8,275 | $27,562 | $57,200 | $96,425 | $152,975 |
| Fox | $16,850 | $33,550 | $63,950 | $98,150 | $163,200 |
| Leslie | $12,175 | $33,025 | $64,150 | $88,612 | $129,380 |
| Locust Grove | $18,570 | $51,138 | $97,475 | $140,600 | $158,350 |
| Marcella | $13,750 | $28,050 | $73,000 | $121,238 | $187,875 |
| Marshall | $11,420 | $28,550 | $51,700 | $94,550 | $142,050 |
| Mountain View | $15,800 | $42,950 | $84,800 | $139,300 | $196,150 |
| Onia | $18,430 | $38,075 | $69,750 | $119,000 | $161,820 |
| Pleasant Grove | $17,310 | $30,550 | $60,800 | $96,025 | $151,160 |
| Shirley | $6,290 | $28,112 | $61,250 | $95,025 | $137,645 |
| Timbo | $10,620 | $32,725 | $65,300 | $113,312 | $167,960 |
Source: Ownwell
Property Tax Bills Across Stone County, Arkansas
In Stone 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 $77,600. Tax rates are applied to the assessed value to determine the annual tax bill. Factors such as property location and local tax rates influence the final amount. For instance, the highest median tax bill in the county is $626 in Locust Grove, while the lowest is $288 in Big Flat. Homeowners in Stone County experience a range of tax bills, with the 25th percentile at $262, the 75th percentile at $867, and the 90th percentile reaching $1,284. These figures highlight the variability in property tax burdens within the county. Compared to the national median property tax rate of 0.99%, Stone County's property taxes can be relatively lower, offering some financial relief to homeowners. Understanding these factors helps homeowners anticipate their annual property tax obligations and manage their budgets accordingly.
Average Stone County Tax Bill
$507
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Stone County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alco | $86 | $205 | $387 | $661 | $922 |
| Big Flat | $107 | $213 | $288 | $436 | $703 |
| Calico Rock | $185 | $359 | $587 | $988 | $1,442 |
| Clinton | $95 | $219 | $377 | $579 | $1,017 |
| Drasco | $117 | $255 | $554 | $935 | $1,415 |
| Edgemont | $83 | $213 | $403 | $790 | $1,525 |
| Fifty Six | $81 | $207 | $380 | $663 | $1,052 |
| Fox | $141 | $227 | $397 | $630 | $1,012 |
| Leslie | $100 | $233 | $395 | $574 | $808 |
| Locust Grove | $112 | $267 | $626 | $970 | $1,086 |
| Marcella | $99 | $201 | $459 | $799 | $1,262 |
| Marshall | $82 | $162 | $289 | $557 | $892 |
| Mountain View | $138 | $295 | $563 | $933 | $1,354 |
| Onia | $116 | $213 | $406 | $714 | $1,047 |
| Pleasant Grove | $120 | $198 | $356 | $612 | $1,016 |
| Shirley | $68 | $169 | $357 | $554 | $904 |
| Timbo | $98 | $210 | $409 | $742 | $1,066 |
Source: Ownwell