Winslow, Franklin County, Arkansas Property Taxes

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

Median Winslow, AR effective property tax rate: 0.19%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Winslow, AR home value: $54,400
Median annual Winslow, AR tax bill: $102, $2,298 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

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

Last Updated March 1, 2025

Winslow, Franklin County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.19%

Estimate Property Tax Bill

$103

$96

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

Property Tax Rates Across Winslow, Franklin County, Arkansas

Local government entities set tax rates, which can vary significantly within Arkansas. Each county in Arkansas calculates its required budget to provide services and divides it by the total assessed value of all taxable property within its jurisdiction. This process determines the property tax rate. While voting and legislation influence these rates and budgets, this is essentially the annual procedure.

In Winslow, located in Franklin County, property tax rates are notably lower than both the state and national averages. This can be attributed to the county's specific budgetary needs and the total assessed property values. The median property tax rate in Arkansas is significantly below the national median of 1.02%. This makes Arkansas an attractive location for property owners seeking lower tax obligations.

When comparing Winslow's effective property tax rate to other cities in Arkansas, it becomes clear that property owners in Winslow benefit from some of the most favorable rates in the state. This advantage, coupled with the state's already low median property tax rate, highlights the potential savings for property owners in Winslow.

Property Tax Rates Across Winslow, Franklin County, Arkansas

Source: Ownwell

0.68%

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 Winslow Taxx Rate

0.19%

Median Effective Franklin County Taxx Rate

0.67%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Winslow, Franklin County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72959	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Winslow, Franklin County, Arkansas

When examining property taxes in Winslow, 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 Franklin County Appraisal District 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.

In Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Winslow.

For example, the median home price in Winslow is $54,400, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Winslow, Franklin County, Arkansas

Source: Ownwell

$75,250

$81,525

$87,800

Median Winslow Market Value

$54,400

Median Franklin County Market Value

$75,300

Median Arkansas Market Value

$113,950

Median United States Market Value

$244,900

Property Tax Assessment Values Across Winslow, Franklin County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72959	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Winslow, Franklin County, Arkansas

In Winslow, located in Franklin County, AR, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. With a median home price of $54,400, homeowners in this area face property tax bills that can vary significantly. The tax bill at the 25th percentile is $76, while at the 75th percentile, it rises to $219, and at the 90th percentile, it reaches $290. These figures are notably lower compared to the national median property tax bill of $2,400, reflecting the region's relatively low property tax rates. However, even with lower tax bills, homeowners can still benefit from ensuring their property is accurately assessed. Ownwell offers expert property tax appeal and exemption services to help homeowners potentially reduce their tax burden. By analyzing property assessments and ensuring they reflect true market values, Ownwell assists homeowners in navigating the complexities of property taxes, potentially leading to substantial savings and ensuring fair taxation.

Property Tax Bills Across Winslow, Franklin County, Arkansas

Source: Ownwell

$495

$529

$563

Median Winslow Tax Bill

$102

Median Franklin County Tax Bill

$476

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,690

Property Tax Bills Across Winslow, Franklin County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72959	N/A	N/A	N/A	N/A	N/A

Source: Ownwell