Rohwer, Arkansas Property Taxes
The median property tax rate in Rohwer, AR is 0.73%, which is notably lower than both the national median of 0.99% and the Arkansas state median of 0.84%. With the median home value in Rohwer at $62,850, the typical annual property tax bill amounts to $455, significantly less than the national median of $2,690. Property taxes in Rohwer are calculated based on the assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Rohwer's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Rohwer or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rohwer, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$459
$426
Ownwell’s Rohwer Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Rohwer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rohwer to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities, making it easier to plan your finances. For those interested in more granular details, localized information on neighborhood trends is available further down the page. Your property’s assessed value is determined by Desha County for tax calculations, including any applicable exemptions.
Property Tax Rates Across Rohwer, Arkansas
Property taxes in Rohwer, Arkansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rohwer is 0.73%, which is lower than the U.S. national median of 0.99%. Local government entities within Rohwer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rohwer 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 Rohwer's effective property tax rate to other areas in Desha County and the national median. For comparison, the zip code 71666 in Desha County has the highest median property tax rate of 0.73%, while also having the lowest median tax rate of 0.73%. Understanding how these figures compare with Rohwer provides valuable insights into the varying tax landscape across Desha County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rohwer Tax Rate
0.73%
Average Desha County Tax Rate
0.95%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rohwer, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71666 | 0.41% | 0.44% | 0.73% | 0.96% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Rohwer, Arkansas
In Rohwer, 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 Desha 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 Rohwer, 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. 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 Rohwer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Rohwer, the highest and lowest median tax bills are both $455.00, specifically in zip code 71666.
Average Rohwer Assessed Value
$62,850
Average Desha County Assessed Value
$52,700
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rohwer, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71666 | $16,290 | $31,000 | $62,850 | $80,900 | $98,720 |
Source: Ownwell
Property Tax Bills Across Rohwer, Arkansas
In Rohwer, located in Desha County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, the median home price in Rohwer is $62,850. The tax rate applied to this assessed value determines the final tax bill. Homeowners in Rohwer can expect tax bills to vary significantly, with the 25th percentile tax bill being around $270 and the 75th percentile reaching up to $614. At the higher end, the 90th percentile tax bill is approximately $660. These tax bills are influenced by several factors, including property location, home value, and local tax rates. Compared to the national median property tax rate of 0.99%, Rohwer’s tax bills reflect the local economic conditions and property values. For homeowners, understanding these factors is crucial as property taxes represent a significant annual expense that impacts overall home affordability and long-term financial planning.
Average Rohwer Tax Bill
$455
Average Desha County Tax Bill
$449
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Rohwer, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71666 | $131 | $270 | $455 | $614 | $660 |
Source: Ownwell