Judsonia, Arkansas Property Taxes
The median property tax rate in Judsonia, Arkansas is 0.81%, 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 $59,350 in Judsonia, the typical annual property tax bill amounts to $450, well below the national median of $2,690. Property taxes in Judsonia are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Judsonia's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Judsonia or another part of White County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Judsonia, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$481
Ownwell’s Judsonia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Judsonia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Judsonia 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 Judsonia, Arkansas
Property taxes in Judsonia, Arkansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Judsonia is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Judsonia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Judsonia 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 Judsonia's effective property tax rate to other counties in Arkansas and the national median. For comparison, the zip code 72081 has the highest median property tax rate of 0.81%, while the same zip code also has the lowest median tax rate of 0.81%. Understanding how these cities compare with Judsonia provides valuable insights into the varying tax landscape across White County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Judsonia Tax Rate
0.81%
Average White County Tax Rate
0.81%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Judsonia, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72081 | 0.58% | 0.72% | 0.81% | 0.84% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Judsonia, Arkansas
In Judsonia, 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 White County Assessor's Office 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 Judsonia, 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. Being aware of these valuation processes in Judsonia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 72081 has the highest and lowest median tax bill, both at $450.
Average Judsonia Assessed Value
$59,350
Average White County Assessed Value
$81,100
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Judsonia, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72081 | $9,075 | $25,012 | $59,350 | $109,100 | $174,125 |
Source: Ownwell
Property Tax Bills Across Judsonia, Arkansas
In Judsonia, White County, AR, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in Judsonia is $59,350. Property taxes are calculated by applying the local tax rate to the assessed value of the property. Tax bills can vary widely, with the 25th percentile tax bill at $209 and the 75th percentile at $832. For homeowners, this means that property taxes can be a manageable expense or a more significant financial consideration depending on the assessed value of their home and the local tax rate. The highest median tax bill in the area is $450, which falls within the zip code 72081. Compared to the national median property tax rate of 0.99%, Judsonia's tax bills reflect a range of values that could either be below or above what homeowners might expect nationally. This variability underscores the importance of understanding how local property assessments and tax rates can impact overall tax obligations for homeowners in Judsonia.
Average Judsonia Tax Bill
$450
Average White County Tax Bill
$632
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Judsonia, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72081 | $84 | $209 | $450 | $832 | $1,343 |
Source: Ownwell