Lowell, Benton County, Arkansas Property Taxes

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

Median Lowell, AR effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Lowell, AR home value: $197,525
Median annual Lowell, AR tax bill: $1,856, $544 lower than the national median property tax bill of $2,400.

How are property taxes in Benton calculated?

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

Last Updated March 1, 2025

Lowell, Benton County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$1,876

$1,741

Ownwell’s Lowell Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lowell with just two data points. By entering your property's estimated assessed value, our calculator applies Lowell’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Benton 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 Benton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lowell, Benton County, Arkansas

Local government entities set tax rates, which can vary widely within a state. Annually, 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, in a nutshell, this is the annual process. In Lowell, located in Benton County, Arkansas, the effective property tax rate is 0.95%, which is below the national median of 1.02%. This rate is consistent across the county, with no significant variation between different areas. Compared to the national median property tax bill of $2,400, residents of Lowell benefit from a relatively lower tax burden, making it an attractive location for homeowners seeking affordability. By understanding how these rates are determined and how they compare to both state and national averages, property owners can better navigate the complexities of property taxation and make informed decisions about their investments.

Property Tax Rates Across Lowell, Benton County, Arkansas

Source: Ownwell

0.67%

0.95%

1.23%

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 Lowell Tax Rate

0.95%

Median Effective Benton County Tax Rate

1.00%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lowell, Benton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72745	0.72%	0.86%	0.95%	1.06%	1.06%

Source: Ownwell

Property Tax Assessment Values Across Lowell, Benton County, Arkansas

When examining property taxes in Lowell, 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 Benton County Assessor's Office 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 Benton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Lowell.

For example, the median home price in Lowell is $197,525, with tax bills ranging significantly across the county. Zip code 72745 has the highest median home price at $197,525.

Property Tax Assessment Values Across Lowell, Benton County, Arkansas

Source: Ownwell

$89,882

$249,991

$410,100

Median Lowell Market Value

$197,525

Median Benton County Market Value

$211,150

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lowell, Benton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72745	$112,300	$158,700	$197,525	$248,938	$332,209

Source: Ownwell

Property Tax Bills Across Lowell, Benton County, Arkansas

In Lowell, located in Benton County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For homeowners in Lowell, the median home price is $197,525. Property taxes are then determined by applying the local tax rate to this assessed value. The tax bill can vary significantly, with the 25th percentile at $1,411 and the 75th percentile reaching $2,433. Notably, the highest median tax bill in the area is $1,856, which is below the national median property tax bill of $2,400. This relatively lower tax burden can still impact homeowners' finances, making it crucial to ensure accuracy in assessments. Ownwell offers vital assistance by reviewing property valuations and identifying potential savings. By appealing inaccurate assessments and securing exemptions, Ownwell can help homeowners reduce their property tax bills, ensuring they only pay their fair share. With expert guidance, homeowners can navigate the complexities of property taxes more efficiently.

Property Tax Bills Across Lowell, Benton County, Arkansas

Source: Ownwell

$702

$2,427

$4,151

Median Lowell Tax Bill

$1,856

Median Benton County Tax Bill

$2,090

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Lowell, Benton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72745	$862	$1,411	$1,856	$2,433	$3,064

Source: Ownwell