Crittenden County Property Taxes
The median property tax rate in Crittenden County is 0.76%, which is lower than both the national median of 0.99% and the Arkansas state median of 0.84%. With a median home value of $81,700 in Crittenden County, the typical annual property tax bill is $662, significantly below the national median of $2,690. Property taxes in Crittenden County are calculated based on the tax assessed value, often lower than the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Crittenden 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 Marion or another part of Crittenden County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Crittenden County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$621
$576
Ownwell’s Crittenden County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Crittenden County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Crittenden 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 Crittenden County, Arkansas
Property taxes in Crittenden County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Crittenden County is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within Crittenden County set these rates annually, and they can vary significantly between different areas within the county. Each year, Crittenden 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 Crittenden County's effective property tax rate with other counties in Arkansas and the national median. For comparison, the city of Jericho has one of the higher property tax rates in Arkansas at 1.03%, while the city of Heth boasts one of the lowest at 0.62%. Analyzing how Crittenden County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Crittenden County Tax Rate
0.76%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crittenden County, Arkansas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clarkedale | 0.83% | 0.87% | 0.98% | 0.98% | 0.98% |
Crawfordsville | 0.72% | 0.88% | 0.93% | 1.03% | 1.03% |
Earle | 0.77% | 0.90% | 1.02% | 1.05% | 1.05% |
Edmondson | 0.69% | 0.80% | 0.80% | 0.80% | 0.80% |
Gilmore | 0.81% | 1.01% | 1.03% | 1.03% | 1.03% |
Heth | 0.62% | 0.62% | 0.62% | 0.71% | 0.77% |
Horseshoe Lake | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
Hughes | 0.59% | 0.70% | 0.70% | 0.94% | 0.95% |
Jericho | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
Marion | 0.87% | 0.93% | 1.03% | 1.03% | 1.03% |
Proctor | 0.46% | 0.54% | 0.66% | 0.70% | 0.80% |
Turrell | 0.78% | 0.90% | 0.96% | 1.03% | 1.03% |
Tyronza | 0.71% | 0.86% | 0.93% | 1.00% | 1.01% |
West Memphis | 0.63% | 0.75% | 0.76% | 0.76% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Crittenden County, Arkansas
In Crittenden 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 Crittenden 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 Crittenden 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. Being aware of these valuation processes in Crittenden County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. For instance, the highest median tax bill in the county is $1,564 in Clarkedale, while the lowest is $225 in Edmondson. By understanding these differences, you can better plan for and manage your property taxes.
Property Tax Assessment Values Across Crittenden County, Arkansas
Source: Ownwell
$4,500
$83,625
$162,750
Average Crittenden County Assessed Value
$81,700
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crittenden County, Arkansas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clarkedale | $60,660 | $106,320 | $162,750 | $265,750 | $365,450 |
Crawfordsville | $7,255 | $23,100 | $65,925 | $145,950 | $237,555 |
Earle | $4,500 | $13,250 | $30,900 | $62,250 | $117,150 |
Edmondson | $6,790 | $16,212 | $32,100 | $51,138 | $89,755 |
Gilmore | $5,475 | $11,750 | $29,850 | $44,486 | $66,575 |
Heth | $82,080 | $82,575 | $83,400 | $140,025 | $174,000 |
Horseshoe Lake | $42,315 | $49,838 | $62,375 | $74,912 | $82,435 |
Hughes | $27,840 | $61,700 | $136,900 | $325,800 | $527,350 |
Jericho | $1,900 | $2,875 | $4,500 | $15,675 | $22,380 |
Marion | $14,430 | $80,575 | $139,900 | $195,400 | $260,690 |
Proctor | $13,175 | $33,562 | $68,825 | $148,888 | $231,900 |
Turrell | $6,310 | $20,890 | $35,850 | $63,650 | $121,950 |
Tyronza | $9,440 | $19,040 | $58,400 | $112,702 | $306,860 |
West Memphis | $16,800 | $33,900 | $69,050 | $108,100 | $160,550 |
Source: Ownwell
Property Tax Bills Across Crittenden County, Arkansas
In Crittenden County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the county is $81,700. The tax rates applied to this assessed value determine the final tax bill homeowners receive. Factors such as property location and any applicable exemptions can influence the amount. For instance, the median tax bill in Crittenden County ranges significantly, with the 25th percentile at $277 and the 75th percentile reaching $1,329. In some cases, bills can go as high as $2,065, as seen in the 90th percentile. Cities within the county also show variance; Clarkedale has the highest median tax bill at $1,564, while Edmondson has the lowest at $225. These differences can impact homeowners' financial planning, making it essential for them to understand how their property taxes are assessed and what factors contribute to their tax obligations.
Average Crittenden County Tax Bill
$662
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Crittenden County, Arkansas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clarkedale | $570 | $1,031 | $1,564 | $2,351 | $3,114 |
Crawfordsville | $73 | $221 | $576 | $1,312 | $2,230 |
Earle | $48 | $136 | $300 | $583 | $1,025 |
Edmondson | $53 | $129 | $225 | $378 | $605 |
Gilmore | $54 | $113 | $289 | $448 | $676 |
Heth | $546 | $589 | $661 | $935 | $1,099 |
Horseshoe Lake | $404 | $475 | $595 | $715 | $786 |
Hughes | $223 | $455 | $1,015 | $2,223 | $3,570 |
Jericho | $20 | $30 | $46 | $161 | $231 |
Marion | $127 | $783 | $1,387 | $1,939 | $2,593 |
Proctor | $86 | $221 | $418 | $889 | $1,445 |
Turrell | $67 | $206 | $344 | $570 | $995 |
Tyronza | $85 | $177 | $451 | $935 | $3,087 |
West Memphis | $128 | $238 | $519 | $847 | $1,203 |
Source: Ownwell