Winslow, Crawford County, Arkansas Property Taxes
The median property tax rate in Winslow, AR is 0.49%, significantly lower than both the national median of 0.99% and the Arkansas state median of 0.84%. With a median home value of $112,950 in Winslow, the typical annual property tax bill amounts to $393, far below the national median of $2,690. Property taxes in Winslow are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Winslow's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Winslow or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Winslow, Crawford County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.49%
Estimate Property Tax Bill
$553
$514
Ownwell’s Winslow Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Winslow with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Winslow to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Winslow, Crawford County, Arkansas
Property taxes in Winslow, Arkansas, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Winslow is 0.49%, which is lower than both the Arkansas state median and the U.S. national median of 0.99%. Local government entities within Winslow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Winslow estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Winslow's effective property tax rate to other counties in Arkansas and the national median. For comparison, the 72959 zip code has the highest median property tax rate of 0.49%, while the same zip code also has the lowest median tax rate of 0.49%. Understanding how these cities compare with Winslow provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Winslow Tax Rate
0.49%
Average Crawford County Tax Rate
0.52%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Winslow, Crawford County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72959 | 0.10% | 0.22% | 0.49% | 0.67% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Winslow, Crawford County, Arkansas
In Winslow, Arkansas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Crawford County Appraisal District for tax purposes. In contrast, the assessed value 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. In Winslow, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For example, the median home price in Winslow is $112,950, with tax bills ranging from $225 at the 25th percentile to $1,207 at the 90th percentile. The zip code 72959 has both the highest and lowest median tax bill at $393. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Winslow helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Winslow, Crawford County, Arkansas
Source: Ownwell
$77,450
$129,863
$182,275
Average Winslow Assessed Value
$112,950
Average Crawford County Assessed Value
$143,650
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Winslow, Crawford County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72959 | $26,005 | $53,700 | $112,950 | $159,750 | $222,995 |
Source: Ownwell
Property Tax Bills Across Winslow, Crawford County, Arkansas
In Winslow, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The tax rate in Winslow is determined by local government authorities and is applied to the assessed value to calculate the tax bill. For a median home price of $112,950, homeowners can expect a tax bill ranging from $225 at the 25th percentile to $803 at the 75th percentile. Factors such as property location, improvements, and exemptions can influence the assessed value and, consequently, the tax bill. Compared to the national median property tax rate of 0.99%, Winslow’s rates are relatively moderate, making it a more affordable option for homeowners. The highest median tax bill in the area is $393, which is also the lowest, indicating a consistent tax rate across different properties. This relatively stable and predictable tax environment can provide homeowners with a sense of financial stability and predictability.
Average Winslow Tax Bill
$393
Average Crawford County Tax Bill
$716
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Winslow, Crawford County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72959 | $63 | $225 | $393 | $803 | $1,207 |
Source: Ownwell