Woodruff County Property Taxes
The median property tax rate in Woodruff County is 0.89%, which is lower than the national median of 0.99% but higher than Arkansas' state median of 0.84%. With the median home value in Woodruff County at $44,350, the typical annual property tax bill amounts to $317, significantly less than the national median of $2,690. Property taxes in Woodruff County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Woodruff 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 Augusta or another part of Woodruff County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Woodruff County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$395
Ownwell’s Woodruff Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Woodruff with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Woodruff to estimate your property tax bill. This tool provides valuable insights into 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 Woodruff County, Arkansas
Property taxes in Woodruff County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Woodruff County is 0.89%, which is lower than the U.S. national median of 0.99%. Local government entities within Woodruff County set these rates annually, and they can vary significantly between different areas within the county. Each year, Woodruff 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 Woodruff County's effective property tax rate with other areas in Arkansas and the national median. For comparison, the city of Cotton Plant has one of the higher property tax rates in Arkansas at 1.01%, while the city of Mc Crory boasts one of the lowest at 0.81%. Analyzing how Woodruff County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Woodruff County Tax Rate
0.89%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Woodruff County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Augusta | 0.18% | 0.46% | 0.89% | 0.99% | 0.99% |
| Brinkley | 0.32% | 0.77% | 0.90% | 0.90% | 0.90% |
| Cotton Plant | 0.78% | 0.89% | 1.01% | 1.01% | 1.01% |
| Des Arc | N/A | N/A | N/A | N/A | N/A |
| Hickory Ridge | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% |
| Hunter | 0.17% | 1.00% | 1.00% | 1.00% | 1.00% |
| Mccrory | 0.53% | 1.00% | 1.00% | 1.00% | 1.00% |
| Mc Crory | 0.21% | 0.43% | 0.81% | 0.89% | 1.00% |
| Newport | 0.15% | 0.51% | 0.89% | 0.89% | 0.89% |
| Patterson | 0.23% | 0.91% | 0.99% | 0.99% | 0.99% |
| Rogers | 0.88% | 0.88% | 0.88% | 0.88% | 0.88% |
| Wynne | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Woodruff County, Arkansas
In Woodruff 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 Woodruff 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 Woodruff 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 instance, Brinkley has the highest median tax bill at $747, while Cotton Plant has the lowest at $143. Being aware of these valuation processes in Woodruff County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Woodruff County, Arkansas
Source: Ownwell
$16,350
$59,575
$102,800
Average Woodruff County Assessed Value
$44,350
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Woodruff County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Augusta | $12,940 | $25,800 | $44,350 | $74,600 | $132,730 |
| Brinkley | $34,900 | $75,800 | $102,800 | $161,550 | $320,200 |
| Cotton Plant | $2,550 | $6,975 | $16,350 | $34,112 | $73,100 |
| Des Arc | N/A | N/A | N/A | N/A | N/A |
| Hickory Ridge | $44,765 | $54,838 | $71,625 | $88,412 | $98,485 |
| Hunter | $7,660 | $18,262 | $27,000 | $44,288 | $52,310 |
| Mccrory | $4,320 | $11,275 | $22,300 | $54,075 | $94,060 |
| Mc Crory | $16,855 | $34,612 | $61,500 | $96,562 | $143,920 |
| Newport | $26,105 | $34,125 | $60,725 | $90,038 | $186,370 |
| Patterson | $6,475 | $13,900 | $22,550 | $38,150 | $66,850 |
| Rogers | $82,350 | $82,350 | $82,350 | $82,350 | $82,350 |
| Wynne | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Woodruff County, Arkansas
In Woodruff County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. Several factors influence this calculation, including the property's location, size, and any applicable exemptions. For instance, in Woodruff County, the median home price is $44,350. Homeowners in Woodruff County can expect varying tax bills. The 25th percentile tax bill is around $144, while the 75th percentile tax bill reaches approximately $609. The highest median tax bill in the county is found in Brinkley at $747, whereas Cotton Plant has the lowest median tax bill at $143. These figures reflect the disparities in property values and local tax rates within the county. Understanding these factors is crucial for homeowners as property taxes can significantly impact annual expenses. Comparing these rates to the national median property tax rate of 0.99% provides a clearer perspective on how Woodruff County's property taxes stand.
Average Woodruff County Tax Bill
$317
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Woodruff County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Augusta | $60 | $151 | $310 | $540 | $1,066 |
| Brinkley | $279 | $560 | $747 | $1,587 | $2,876 |
| Cotton Plant | $23 | $48 | $143 | $365 | $848 |
| Des Arc | N/A | N/A | N/A | N/A | N/A |
| Hickory Ridge | $197 | $197 | $197 | $197 | $197 |
| Hunter | $42 | $76 | $185 | $301 | $455 |
| Mccrory | $43 | $145 | $317 | $668 | $927 |
| Mc Crory | $74 | $209 | $422 | $703 | $1,162 |
| Newport | $50 | $144 | $548 | $805 | $2,273 |
| Patterson | $39 | $86 | $174 | $233 | $411 |
| Rogers | $725 | $725 | $725 | $725 | $725 |
| Wynne | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
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