Glenwood, Clark County, Arkansas Property Taxes

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

Median Glenwood, AR effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Glenwood, AR home value: $163,800
Median annual Glenwood, AR tax bill: $1,069, $1,331 lower than the national median property tax bill of $2,400.

How are property taxes in Clark County calculated?

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

Last Updated March 1, 2025

Glenwood, Clark County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.62%

Estimate Property Tax Bill

$1,016

$942

Ownwell’s Glenwood Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Glenwood with just two data points. By entering your property's estimated assessed value, our calculator applies Glenwood’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 Clark County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Glenwood, Clark County, Arkansas

Local government entities determine tax rates, and these can differ significantly within a state. This variation occurs because each county estimates its necessary budget to provide services every year and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although the process involves votes and legislation to set tax rates and budgets, this is essentially the annual routine. In Glenwood, located in Pike County, Arkansas, the effective property tax rate is a reflection of this process. When compared to other cities in Arkansas and the median property tax rates in the state and the U.S., Glenwood's rate offers a distinct perspective. Arkansas, with a median property tax rate of 0.61%, is significantly lower than the national median of 1.02%. This can result in substantial savings for property owners in Glenwood compared to areas with higher rates. Understanding these differences can be crucial for property owners seeking to manage their tax obligations effectively.

Property Tax Rates Across Glenwood, Clark County, Arkansas

Source: Ownwell

0.83%

0.94%

1.06%

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 Glenwood Taxx Rate

0.62%

Median Effective Clark County Taxx Rate

0.86%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Glenwood, Clark County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71943	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Glenwood, Clark County, Arkansas

When examining property taxes in Glenwood, 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 Clark County Assessor 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.

Assessment notices: In Clark 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 Glenwood. For example, the median home price in Glenwood is $163,800, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Glenwood, Clark County, Arkansas

Source: Ownwell

$34,750

$62,325

$89,900

Median Glenwood Market Value

$163,800

Median Clark County Market Value

$58,450

Median Arkansas Market Value

$113,950

Median United States Market Value

$244,900

Property Tax Assessment Values Across Glenwood, Clark County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71943	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Glenwood, Clark County, Arkansas

In Glenwood, Arkansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For homeowners in Clark County, the median home price is $163,800. Property tax rates and bills can vary, but understanding the range is crucial. The 25th percentile tax bill is $712, while the 75th percentile reaches $1,304, and the 90th percentile is $1,387. These figures show that property tax bills in Glenwood can be significantly lower than the national median bill of $2,400.

Homeowners are affected by these taxes as they represent a significant annual expense. Factors like property size, location, and local tax rates influence the final bill. Ownwell offers valuable assistance by helping homeowners appeal their property assessments, potentially lowering their tax bills. By analyzing property data and filing appeals on behalf of homeowners, Ownwell ensures that property taxes are fair and accurate, providing relief and savings. This service is particularly beneficial in areas like Glenwood, where property tax bills can vary widely.

Property Tax Bills Across Glenwood, Clark County, Arkansas

Source: Ownwell

$222

$474

$725

Median Glenwood Tax Bill

$1,069

Median Clark County Tax Bill

$458

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,690

Property Tax Bills Across Glenwood, Clark County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71943	N/A	N/A	N/A	N/A	N/A

Source: Ownwell