Arkansas County Property Taxes
The median property tax rate in Arkansas County is 0.67%, which is notably lower than both the national median of 0.99% and the Arkansas state median of 0.84%. With a median home value of $70,958 in Arkansas County, the typical annual property tax bill is approximately $414, significantly below the national median of $2,690. Property taxes in Arkansas County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Arkansas 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 DeWitt or another part of Arkansas County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arkansas County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$475
$441
Ownwell’s Arkansas County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arkansas County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Arkansas County to estimate your property tax bill. This insight 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 Arkansas County, Arkansas
Property taxes in Arkansas County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Arkansas County is 0.67%, which is lower than the U.S. national median of 0.99%. Local government entities within Arkansas County set these rates annually, and they can vary significantly between different areas within the county. Each year, Arkansas 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 Arkansas County's effective property tax rate with other areas in the region and the national median. For comparison, the city of DeWitt has one of the higher property tax rates in the area at 0.86%, while the city of Gillett boasts one of the lowest at 0.60%. Analyzing how Arkansas County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Arkansas County Tax Rate
0.67%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arkansas County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almyra | 0.15% | 0.39% | 0.62% | 0.85% | 0.95% |
| Altheimer | 0.56% | 0.68% | 0.79% | 0.83% | 0.85% |
| Casscoe | 0.18% | 0.41% | 0.72% | 0.80% | 0.92% |
| Crocketts Bluff | 0.31% | 0.55% | 0.80% | 0.90% | 1.05% |
| Dewitt | 0.30% | 0.67% | 0.86% | 0.92% | 1.18% |
| De Witt | 0.16% | 0.36% | 0.66% | 0.90% | 1.05% |
| Ethel | 0.16% | 0.35% | 0.64% | 0.89% | 1.02% |
| Gillett | 0.20% | 0.39% | 0.60% | 0.88% | 1.05% |
| Humphrey | 0.19% | 0.44% | 0.70% | 0.81% | 0.95% |
| Roe | 0.17% | 0.58% | 0.78% | 0.85% | 1.22% |
| Saint Charles | 0.13% | 0.37% | 0.65% | 1.03% | 1.13% |
| Stuttgart | 0.16% | 0.42% | 0.66% | 0.77% | 0.91% |
| Tichnor | 0.33% | 0.58% | 0.83% | 0.95% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Arkansas County, Arkansas
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Arkansas County, AR. 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 Arkansas 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 Arkansas 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. Notably, the highest median tax bill in the county is in DeWitt at $838, while Tichnor has the lowest at $238. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Arkansas County Assessed Value
$70,958
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arkansas County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almyra | $10,825 | $45,021 | $94,585 | $194,508 | $349,752 |
| Altheimer | $27,893 | $44,986 | $89,672 | $119,195 | $152,740 |
| Casscoe | $4,990 | $31,086 | $66,075 | $124,800 | $190,126 |
| Crocketts Bluff | $4,580 | $23,578 | $58,915 | $101,738 | $161,442 |
| Dewitt | $17,915 | $25,316 | $96,495 | $231,550 | $325,158 |
| De Witt | $8,164 | $25,139 | $63,758 | $121,212 | $214,931 |
| Ethel | $11,664 | $26,292 | $53,940 | $108,320 | $156,708 |
| Gillett | $5,620 | $24,175 | $69,295 | $131,375 | $225,990 |
| Humphrey | $5,282 | $23,900 | $60,250 | $123,425 | $209,968 |
| Roe | $7,790 | $20,978 | $54,782 | $122,738 | $231,760 |
| Saint Charles | $7,660 | $23,474 | $46,995 | $78,894 | $145,044 |
| Stuttgart | $18,867 | $41,555 | $78,525 | $151,550 | $255,509 |
| Tichnor | $4,200 | $12,668 | $34,750 | $94,460 | $214,581 |
Source: Ownwell
Property Tax Bills Across Arkansas County, Arkansas
In Arkansas County, AR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is typically a percentage of the market value of the property. The property tax rate is then applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions or deductions. Homeowners in Arkansas County can expect varying tax bills depending on their property's value and location. For example, the median home price in the county is $70,958. Tax bills can range significantly, with the 25th percentile at $171 and the 75th percentile at $907. In some areas like DeWitt, the highest median tax bill can be as much as $838, while in Tichnor, it can be as low as $238. These variations can significantly impact homeowners, influencing their overall housing costs and financial planning.
Average Arkansas County Tax Bill
$414
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Arkansas County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Almyra | $72 | $223 | $641 | $1,405 | $2,960 |
| Altheimer | $170 | $355 | $700 | $899 | $1,159 |
| Casscoe | $56 | $153 | $425 | $680 | $1,333 |
| Crocketts Bluff | $57 | $147 | $401 | $684 | $1,366 |
| Dewitt | $118 | $206 | $838 | $1,675 | $2,976 |
| De Witt | $51 | $147 | $362 | $786 | $1,506 |
| Ethel | $62 | $138 | $299 | $559 | $884 |
| Gillett | $58 | $152 | $388 | $865 | $1,736 |
| Humphrey | $42 | $129 | $365 | $942 | $1,720 |
| Roe | $87 | $145 | $429 | $1,042 | $1,674 |
| Saint Charles | $49 | $123 | $288 | $597 | $1,082 |
| Stuttgart | $71 | $207 | $456 | $989 | $1,859 |
| Tichnor | $39 | $103 | $238 | $649 | $1,450 |
Source: Ownwell