Cleveland County Property Taxes
The median property tax rate in Cleveland County is 0.92%, which is slightly lower than the national median of 0.99% but higher than the Arkansas state median of 0.84%. With the median home value in Cleveland County, the typical annual property tax bill amounts to $492, significantly below the national median of $2,690. Property taxes in Cleveland County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Cleveland 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 Rison or another part of Cleveland County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cleveland County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$508
$471
Ownwell’s Cleveland County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Cleveland County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cleveland 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 Cleveland County, Arkansas
Property taxes in Cleveland County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cleveland County is 0.92%, which is slightly below the U.S. national median of 0.99%. Local government entities within Cleveland County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cleveland 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 Cleveland County's effective property tax rate with other counties in Arkansas and the national median. For comparison, the city of Kingsland has one of the higher property tax rates in Arkansas at 0.94%, while the city of Pine Bluff boasts one of the lowest at 0.92%. Analyzing how Cleveland County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cleveland County Tax Rate
0.92%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cleveland County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carthage | 0.60% | 0.70% | 0.94% | 0.94% | 0.94% |
| Kingsland | 0.69% | 0.84% | 0.94% | 1.04% | 1.04% |
| New Edinburg | 0.66% | 0.78% | 0.94% | 0.94% | 0.94% |
| Pine Bluff | 0.71% | 0.85% | 0.92% | 0.92% | 0.92% |
| Rison | 0.66% | 0.87% | 0.92% | 0.94% | 1.00% |
| Star City | 0.72% | 0.89% | 0.92% | 0.92% | 0.92% |
| Warren | 0.65% | 0.92% | 0.92% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Cleveland County, Arkansas
In Cleveland 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 Cleveland 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 Cleveland 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. Warren has the highest median tax bill at $727, while Carthage has the lowest at $208. Being aware of these valuation processes in Cleveland 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 Cleveland County, Arkansas
Source: Ownwell
$30,050
$56,388
$82,725
Average Cleveland County Assessed Value
$55,200
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cleveland County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carthage | $4,240 | $9,650 | $30,050 | $50,050 | $82,010 |
| Kingsland | $5,230 | $15,850 | $37,350 | $68,350 | $112,070 |
| New Edinburg | $6,470 | $19,975 | $43,950 | $79,375 | $120,420 |
| Pine Bluff | $12,285 | $25,862 | $60,475 | $125,300 | $158,485 |
| Rison | $9,270 | $26,812 | $62,825 | $124,075 | $188,530 |
| Star City | $14,320 | $24,850 | $45,800 | $87,900 | $136,020 |
| Warren | $13,550 | $45,025 | $82,725 | $135,100 | $201,000 |
Source: Ownwell
Property Tax Bills Across Cleveland County, Arkansas
In Cleveland County, AR, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For example, with a median home price of $55,200, the assessed value forms the basis for determining the tax bill. Local tax rates are then applied to this assessed value to calculate the annual property tax owed. Various factors, such as property location and any applicable exemptions, can influence the final tax amount. Homeowners in Cleveland County experience a range of tax bills. The 25th percentile tax bill is $236, while the 75th percentile reaches $924, and the 90th percentile can go up to $1,491. Warren has the highest median tax bill at $727, whereas Carthage has the lowest at $208. These figures show how property taxes can vary significantly within the county, impacting homeowners differently based on their property's assessed value and location. Compared to the national median property tax rate of 0.99%, Cleveland County's property taxes present a relatively manageable burden for homeowners.
Average Cleveland County Tax Bill
$492
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Cleveland County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carthage | $40 | $91 | $208 | $440 | $594 |
| Kingsland | $80 | $170 | $350 | $630 | $945 |
| New Edinburg | $94 | $208 | $404 | $678 | $998 |
| Pine Bluff | $177 | $241 | $506 | $1,072 | $1,420 |
| Rison | $116 | $263 | $554 | $1,040 | $1,641 |
| Star City | $150 | $227 | $403 | $783 | $1,185 |
| Warren | $160 | $385 | $727 | $1,147 | $1,709 |
Source: Ownwell