Gepp, Baxter County, Arkansas Property Taxes

Name: Property Tax Bills Across Gepp, Baxter County, Arkansas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Gepp, Arkansas effective property tax rate: 0.85%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Gepp, Arkansas home value: $135,200
Median annual Gepp, Arkansas tax bill: $1,024, $1,376 lower than the national median property tax bill of $2,400.

How are property taxes in Baxter County calculated?

Property taxes in Gepp, Arkansas are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Gepp’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gepp, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Gepp, Baxter County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.85%

Estimate Property Tax Bill

$1,149

$1,066

Ownwell’s GEPP Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in GEPP with just two data points. By entering your property's estimated assessed value, our calculator applies GEPP’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Baxter. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gepp, Baxter County, Arkansas

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell. In Gepp, located in Baxter County, Arkansas, the effective property tax rate is an important consideration for homeowners. Compared to other cities in Arkansas, Gepp's rate reflects the unique budgetary needs and property values of the area. The median property tax rate in Arkansas is generally lower than the national median, making it an attractive option for property owners seeking lower tax burdens. However, it's important to consider how these rates impact the overall cost of homeownership. By understanding the local tax landscape, property owners can make informed decisions and potentially lower their property tax bills through appeals or exemptions.

Property Tax Rates Across Gepp, Baxter County, Arkansas

Source: Ownwell

0.62%

0.81%

0.99%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Gepp Taxx Rate

0.85%

Median Effective Baxter County Taxx Rate

0.65%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Gepp, Baxter County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72538	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Gepp, Baxter County, Arkansas

When examining property taxes in Gepp, Arkansas, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Baxter County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Baxter County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Gepp. For example, the median home price in Gepp is $135,200, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Gepp, Baxter County, Arkansas

Source: Ownwell

$50,600

$102,075

$153,550

Median Gepp Market Value

$135,200

Median Baxter County Market Value

$137,150

Median Arkansas Market Value

$113,950

Median United States Market Value

$244,900

Property Tax Assessment Values Across Gepp, Baxter County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72538	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Gepp, Baxter County, Arkansas

In Gepp, located in Baxter County, Arkansas, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property, which is reassessed periodically. With a median home price of $135,200, homeowners in Gepp can expect a property tax bill that varies significantly based on their home's assessed value and the specific tax rate applied. For instance, while the 25th percentile tax bill is around $791, it can rise to $1,177 at the 75th percentile, with the 90th percentile reaching $1,312. These figures show a range that is generally lower than the national median property tax bill of $2,400.

Homeowners in Gepp can benefit from Ownwell's expertise to potentially lower these costs. By appealing the assessed value or exploring available exemptions, Ownwell helps ensure that property tax bills are fair and not higher than necessary, providing substantial savings for homeowners.

Property Tax Bills Across Gepp, Baxter County, Arkansas

Source: Ownwell

$290

$653

$1,016

Median Gepp Tax Bill

$1,024

Median Baxter County Tax Bill

$862

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,690

Property Tax Bills Across Gepp, Baxter County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72538	N/A	N/A	N/A	N/A	N/A

Source: Ownwell