Independence County, Arkansas Property Taxes

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

Median Independence County effective property tax rate: 0.72%, significantly lower than the national median of 1.02%.
Median Independence County home value: $66,400
Median annual Independence County tax bill: $426, $1,974 lower than the national median property tax bill of $2,400.

How are property taxes in Independence County calculated?

Property taxes in Independence 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 Batesville or another part of Independence County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Independence County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$478

$444

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

Property Tax Rates Across Independence County, Arkansas

Local government entities are responsible for setting property tax rates, which can vary significantly across different areas within a state. Each year, counties estimate the budget necessary to provide essential services and divide this by the total assessed value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. While the process involves votes and legislation, this is essentially how it works annually.

In Independence County, Arkansas, the effective property tax rate offers a point of comparison with other counties in the state and against the national median property tax rate of 1.02%. Independence County's median tax rate is 0.72%, which is below the national median, indicating a relatively lower property tax burden for its residents. Within the county, the city of Newport has the highest median tax rate at 0.92%, while Saffell boasts the lowest at 0.48%. Understanding these variations can help property owners make informed decisions about property investments and tax appeals.

Property Tax Rates Across Independence County, Arkansas

Source: Ownwell

0.48%

0.70%

0.92%

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 Independence County Tax Rate

0.72%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Independence County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Batesville	0.18%	0.41%	0.74%	0.95%	1.07%
Bradford	0.10%	0.23%	0.54%	0.94%	0.94%
Cave City	0.13%	0.35%	0.64%	0.89%	0.95%
Charlotte	0.15%	0.28%	0.57%	0.94%	0.95%
Concord	N/A	N/A	N/A	N/A	N/A
Cord	0.18%	0.43%	0.76%	0.94%	0.94%
Cushman	0.11%	0.18%	0.73%	0.97%	0.98%
Desha	0.18%	0.36%	0.68%	0.95%	0.95%
Floral	0.14%	0.26%	0.64%	0.94%	0.94%
Judsonia	N/A	N/A	N/A	N/A	N/A
Locust Grove	0.11%	0.25%	0.59%	0.95%	0.95%
Magness	0.13%	0.22%	0.75%	1.04%	1.04%
Mount Pleasant	N/A	N/A	N/A	N/A	N/A
Newark	0.13%	0.33%	0.69%	0.94%	1.05%
Newport	0.18%	0.30%	0.92%	0.94%	0.94%
Oil Trough	0.12%	0.23%	0.61%	0.94%	0.99%
Pleasant Plains	0.13%	0.27%	0.60%	0.94%	0.94%
Rosie	0.15%	0.33%	0.72%	0.94%	1.01%
Saffell	0.11%	0.19%	0.48%	0.65%	0.89%
Salado	N/A	N/A	N/A	N/A	N/A
Southside	0.23%	0.48%	0.74%	1.07%	1.07%
Sulphur Rock	N/A	N/A	N/A	N/A	N/A
Thida	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Independence County, Arkansas

When examining property taxes in Independence 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 Independence County Assessor's Office 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 Independence 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 Independence County.

For example, the median tax bill in Independence County is $572, with tax bills ranging significantly across the county. Southside has the highest median home price at $85,000.

Property Tax Assessment Values Across Independence County, Arkansas

Source: Ownwell

$37,550

$61,275

$85,000

Median Independence County Market Value

$66,400

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Independence County, Arkansas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Batesville	$22,810	$41,100	$71,300	$126,050	$193,020
Bradford	$10,280	$22,150	$41,250	$63,375	$102,350
Cave City	$18,985	$36,412	$76,500	$129,475	$178,200
Charlotte	$12,850	$28,275	$56,250	$96,275	$133,550
Concord	N/A	N/A	N/A	N/A	N/A
Cord	$17,750	$32,588	$63,425	$105,438	$190,675
Cushman	$7,510	$21,800	$37,550	$55,800	$111,450
Desha	$17,100	$30,000	$60,150	$98,200	$133,880
Floral	$14,765	$28,212	$52,300	$89,875	$144,420
Judsonia	N/A	N/A	N/A	N/A	N/A
Locust Grove	$16,295	$30,475	$51,325	$89,325	$140,780
Magness	$18,240	$23,200	$42,250	$55,500	$74,780
Mount Pleasant	N/A	N/A	N/A	N/A	N/A
Newark	$16,500	$29,775	$53,500	$91,738	$148,305
Newport	$15,225	$30,712	$43,725	$70,200	$105,655
Oil Trough	$11,905	$27,400	$48,575	$66,612	$122,200
Pleasant Plains	$16,280	$29,762	$53,425	$88,800	$130,155
Rosie	$22,980	$45,300	$74,850	$147,100	$247,700
Saffell	$44,425	$56,025	$69,250	$149,362	$177,885
Salado	N/A	N/A	N/A	N/A	N/A
Southside	$23,890	$49,000	$85,000	$127,300	$175,650
Sulphur Rock	N/A	N/A	N/A	N/A	N/A
Thida	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Independence County, Arkansas

Property tax bills in Independence County, Arkansas, are determined by assessing the property's value and applying the local tax rate. The median home price in the county is $66,400, with property tax rates varying across different cities. In Southside, the highest median tax bill is $572, while in Bradford, the lowest is $150. These figures illustrate the range of tax obligations homeowners might face. The tax bill is influenced by the property's assessed value, which is a percentage of its market value, and the local tax rate. Homeowners at the 25th percentile can expect a tax bill of around $153, while those at the 75th and 90th percentiles might see bills of $854 and $1,464, respectively. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Independence County offers relatively lower tax burdens. However, these taxes still play a crucial role in funding essential local services, impacting homeowners directly through their financial commitments.

Property Tax Bills Across Independence County, Arkansas

Source: Ownwell

$150

$361

$572

Median Independence County Tax Bill

$426

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Independence County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Batesville	$65	$194	$478	$953	$1,593
Bradford	$26	$65	$150	$417	$616
Cave City	$49	$120	$417	$879	$1,415
Charlotte	$65	$78	$288	$601	$1,001
Concord	N/A	N/A	N/A	N/A	N/A
Cord	$65	$151	$408	$701	$1,488
Cushman	$15	$65	$155	$305	$617
Desha	$65	$120	$325	$630	$1,037
Floral	$47	$83	$247	$547	$1,007
Judsonia	N/A	N/A	N/A	N/A	N/A
Locust Grove	$54	$76	$238	$563	$996
Magness	$68	$117	$194	$387	$565
Mount Pleasant	N/A	N/A	N/A	N/A	N/A
Newark	$59	$126	$321	$655	$1,130
Newport	$80	$119	$251	$384	$837
Oil Trough	$52	$77	$212	$463	$823
Pleasant Plains	$53	$91	$273	$572	$872
Rosie	$65	$127	$412	$1,144	$2,134
Saffell	$63	$87	$319	$904	$1,158
Salado	N/A	N/A	N/A	N/A	N/A
Southside	$76	$245	$572	$997	$1,535
Sulphur Rock	N/A	N/A	N/A	N/A	N/A
Thida	N/A	N/A	N/A	N/A	N/A

Source: Ownwell