Greene County, Arkansas Property Taxes

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

Median Greene County effective property tax rate: 0.84%, significantly lower than the national median of 1.02%.
Median Greene County home value: $101,950
Median annual Greene County tax bill: $820, $1,580 lower than the national median property tax bill of $2,400.

How are property taxes in Greene County calculated?

Property taxes in Greene County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Paragould or another part of Greene County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Greene County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$856

$795

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

Property Tax Rates Across Greene County, Arkansas

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Greene County's effective property tax rate to other counties in Arkansas or the U.S. median property tax rate. Greene County has an effective property tax rate of 0.84%, which is below the national median of 1.02%. Within the county, Delaplaine has the highest median tax rate at 0.86%, while Lafe has the lowest at 0.73%. This range shows the variability in property tax rates even within a single county. Understanding these differences can help property owners make informed decisions about their investments and potential savings through appeals or exemptions.

Property Tax Rates Across Greene County, Arkansas

Source: Ownwell

0.73%

0.79%

0.86%

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 Greene County Taxx Rate

0.84%

Median Effective Arkansas Taxx Rate

0.84%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Greene County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Beech Grove	0.56%	0.70%	0.80%	0.86%	0.86%
Bono	0.58%	0.69%	0.78%	0.86%	0.86%
Brookland	N/A	N/A	N/A	N/A	N/A
Delaplaine	0.64%	0.77%	0.86%	0.86%	0.89%
Jonesboro	0.59%	0.65%	0.75%	0.86%	0.86%
Knobel	N/A	N/A	N/A	N/A	N/A
Lafe	0.53%	0.63%	0.73%	0.79%	0.84%
Marmaduke	0.59%	0.66%	0.78%	0.82%	0.84%
Paragould	0.64%	0.75%	0.85%	0.92%	0.92%
Peach Orchard	N/A	N/A	N/A	N/A	N/A
Rector	0.58%	0.65%	0.74%	0.79%	0.79%
Walcott	N/A	N/A	N/A	N/A	N/A
Walnut Ridge	0.67%	0.72%	0.86%	0.86%	0.86%

Source: Ownwell

Property Tax Assessment Values Across Greene County, Arkansas

When examining property taxes in Greene County, 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 Greene County Assessor 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.

Assessment notices: In Greene County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Greene County.

For example, the median tax bill in Greene County is $884, with tax bills ranging significantly across the county. Paragould has the highest median home price at $108,300.

Property Tax Assessment Values Across Greene County, Arkansas

Source: Ownwell

$57,650

$93,725

$129,800

Median Greene County Market Value

$101,950

Median Arkansas Market Value

$113,950

Median United States Market Value

$244,900

Property Tax Assessment Values Across Greene County, Arkansas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Beech Grove	$22,950	$52,150	$92,525	$151,712	$251,280
Bono	$11,540	$33,012	$70,425	$113,412	$223,110
Brookland	N/A	N/A	N/A	N/A	N/A
Delaplaine	$15,250	$34,538	$64,325	$111,700	$218,650
Jonesboro	$12,420	$32,850	$87,350	$147,750	$201,460
Knobel	N/A	N/A	N/A	N/A	N/A
Lafe	$16,740	$34,000	$64,100	$116,600	$171,110
Marmaduke	$13,350	$32,125	$61,950	$111,412	$185,725
Paragould	$32,000	$62,350	$108,300	$165,900	$236,735
Peach Orchard	N/A	N/A	N/A	N/A	N/A
Rector	$26,370	$57,875	$98,400	$185,625	$262,360
Walcott	N/A	N/A	N/A	N/A	N/A
Walnut Ridge	$23,000	$34,275	$57,650	$62,850	$86,690

Source: Ownwell

Property Tax Bills Across Greene County, Arkansas

In Greene County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. Homeowners in this region experience property tax bills that vary significantly, with a 25th percentile bill of $450 and a 75th percentile bill reaching $1,325. The tax bill in this county can be influenced by factors such as property location, local tax rates, and any applicable exemptions or deductions. For instance, the city of Paragould within Greene County has the highest median tax bill at $884, while Walnut Ridge reports the lowest at $415. These bills can impact homeowners by affecting their overall housing costs and the affordability of maintaining their property. Compared to the national median property tax bill of $2,400, Greene County's figures indicate a relatively lower tax burden for its residents. Understanding how these taxes are calculated and what influences them can help homeowners better manage their finances and plan for future expenses.

Property Tax Bills Across Greene County, Arkansas

Source: Ownwell

$415

$659

$903

Median Greene County Tax Bill

$820

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,690

Property Tax Bills Across Greene County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Beech Grove	$163	$381	$690	$1,116	$1,994
Bono	$98	$243	$525	$864	$1,898
Brookland	N/A	N/A	N/A	N/A	N/A
Delaplaine	$120	$275	$533	$874	$1,795
Jonesboro	$123	$242	$620	$1,093	$1,623
Knobel	N/A	N/A	N/A	N/A	N/A
Lafe	$143	$249	$444	$809	$1,154
Marmaduke	$111	$241	$449	$839	$1,317
Paragould	$270	$506	$884	$1,378	$1,959
Peach Orchard	N/A	N/A	N/A	N/A	N/A
Rector	$186	$379	$682	$1,282	$1,936
Walcott	N/A	N/A	N/A	N/A	N/A
Walnut Ridge	$207	$292	$415	$537	$621

Source: Ownwell