Pearcy, Garland County, Arkansas Property Taxes
Median Pearcy, AR effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Pearcy, AR home value: $152,875
Median annual Pearcy, AR tax bill: $731, $1,669 lower than the national median property tax bill of $2,400.
How are property taxes in Garland County calculated?
Property taxes in Pearcy, 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 Pearcy’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pearcy, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pearcy, Garland County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.48%
Estimate Property Tax Bill
$734
$681
Property Tax Rates Across Pearcy, Garland County, Arkansas
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties assess their budgetary needs to deliver essential services and divide this amount by the total assessed value of all taxable properties within their borders. This calculation determines the property tax rate. While tax rates and budgets are influenced by votes and legislation, this process encapsulates the annual routine.
In Pearcy, located in Garland County, the effective property tax rate is 0.48%, which aligns with both the highest and lowest median tax rates in the area. This consistency reflects a stable tax environment within the county. Compared to the national median property tax rate of 1.02%, Pearcy's rate is considerably lower, offering property owners a more favorable tax situation. Additionally, the national median property tax bill stands at $2,400, further highlighting the potential savings for Pearcy residents. By understanding these dynamics, property owners can make informed decisions about appealing their property taxes, ensuring they are not overpaying and maintaining financial well-being.
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 Pearcy Taxx Rate
0.48%
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 Garland County Taxx Rate
0.59%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Pearcy, Garland County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71964 | 0.15% | 0.32% | 0.48% | 0.69% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Pearcy, Garland County, Arkansas
When examining property taxes in Pearcy, 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 Garland 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 Garland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Pearcy. For example, the median home price in Pearcy is $152,875, with tax bills ranging significantly across the county. Zip code 71964 has the highest median home price at $152,875.
Property Tax Assessment Values Across Pearcy, Garland County, Arkansas
Source: Ownwell
$42,475
$132,888
$223,300
Median Pearcy Market Value
$152,875
Median Garland County Market Value
$162,300
Median Arkansas Market Value
$113,950
Median United States Market Value
$244,900
Property Tax Assessment Values Across Pearcy, Garland County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71964 | $46,990 | $86,025 | $152,875 | $225,812 | $318,320 |
Source: Ownwell
Property Tax Bills Across Pearcy, Garland County, Arkansas
In Pearcy, located in Garland County, Arkansas, property tax bills are calculated based on the assessed value of a home, which is typically a fraction of its market value. The median home price in Pearcy is $152,875. Property taxes are influenced by local tax rates and the assessed value, which can vary significantly. For instance, the 25th percentile tax bill is $346, while the 75th percentile reaches $1,286, and the 90th percentile climbs to $2,057. These figures illustrate the range of property tax obligations homeowners might face, highlighting the importance of accurate assessments. The median tax bill in Pearcy's zip code 71964 is $731, which is significantly lower than the national median property tax bill of $2,400.
Ownwell assists homeowners in Pearcy by identifying potential discrepancies in property assessments and filing appeals to ensure fair tax bills. By leveraging expert knowledge and local data, Ownwell can help homeowners reduce their property tax bills, ensuring they only pay their fair share based on an accurate assessment of their property's value.
Median Pearcy Tax Bill
$731
Median Garland County Tax Bill
$863
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,690
Property Tax Bills Across Pearcy, Garland County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71964 | $129 | $346 | $731 | $1,286 | $2,057 |
Source: Ownwell