Lawrence County, Arkansas Property Taxes

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

Median Lawrence County effective property tax rate: 0.63%, significantly lower than the national median of 1.02%.
Median Lawrence County home value: $77,245
Median annual Lawrence County tax bill: $469, $1,931 lower than the national median property tax bill of $2,400.

How are property taxes in Lawrence County calculated?

Property taxes in Lawrence 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 Walnut Ridge or another part of Lawrence County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lawrence County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.63%

Estimate Property Tax Bill

$487

$452

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

Property Tax Rates Across Lawrence County, Arkansas

Local government entities determine property tax rates, leading to significant variation within a state. This is because each county annually estimates its budget needs for services and divides this by the total value of all taxable property in its area, resulting in the property tax rate. Although votes and laws influence tax rates and budgets, this is the core process each year.

You can compare Lawrence County's effective property tax rate with other counties in Arkansas or the U.S. median property tax rate. Lawrence County's median property tax rate stands at 0.63%, lower than the national median of 1.02%. Within the county, Imboden has the highest median tax rate at 0.81%, while Sedgwick has the lowest at 0.49%. These variations highlight the importance of understanding local tax policies and their impact on property owners. By staying informed, property owners can better navigate the complexities of property taxation and potentially reduce their tax burdens.

Property Tax Rates Across Lawrence County, Arkansas

Source: Ownwell

0.49%

0.65%

0.81%

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 Lawrence County Taxx Rate

0.63%

Median Effective Arkansas Taxx Rate

0.84%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Lawrence County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Alicia	0.48%	0.59%	0.69%	0.76%	0.84%
Black Rock	0.33%	0.48%	0.57%	0.74%	0.86%
Hoxie	0.46%	0.58%	0.66%	0.71%	0.86%
Imboden	0.50%	0.63%	0.81%	0.88%	0.95%
Lynn	0.43%	0.54%	0.62%	0.66%	0.74%
Minturn	0.60%	0.70%	0.77%	0.82%	0.88%
Portia	0.38%	0.46%	0.50%	0.54%	0.86%
Powhatan	0.39%	0.53%	0.74%	0.83%	0.83%
Ravenden	0.41%	0.57%	0.72%	0.95%	0.95%
Saffell	0.41%	0.50%	0.63%	0.72%	0.86%
Sedgwick	0.38%	0.44%	0.49%	0.54%	0.75%
Smithville	0.43%	0.54%	0.66%	0.78%	0.90%
Strawberry	0.40%	0.49%	0.59%	0.70%	0.90%
Swifton	N/A	N/A	N/A	N/A	N/A
Walnut Ridge	0.45%	0.54%	0.60%	0.69%	0.83%
Williford	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lawrence County, Arkansas

When examining property taxes in Lawrence 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 Lawrence 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: 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 Lawrence County. For example, the median tax bill in Lawrence County is $581, with tax bills ranging significantly across the county. Strawberry has the highest median home price at $96,888.

Property Tax Assessment Values Across Lawrence County, Arkansas

Source: Ownwell

$37,178

$67,033

$96,888

Median Lawrence County Market Value

$77,245

Median Arkansas Market Value

$113,950

Median United States Market Value

$244,900

Property Tax Assessment Values Across Lawrence County, Arkansas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Alicia	$17,742	$32,960	$59,200	$93,764	$136,467
Black Rock	$19,827	$34,210	$62,150	$103,210	$157,619
Hoxie	$30,218	$47,366	$70,622	$103,275	$155,483
Imboden	$28,605	$50,120	$78,610	$113,365	$160,531
Lynn	$29,556	$43,788	$68,040	$106,515	$146,687
Minturn	$13,579	$26,684	$37,178	$65,736	$93,650
Portia	$15,874	$43,920	$67,470	$87,700	$118,666
Powhatan	$18,105	$40,542	$71,560	$112,835	$169,305
Ravenden	$19,228	$31,679	$52,975	$92,630	$140,278
Saffell	$23,184	$49,762	$81,958	$131,942	$193,249
Sedgwick	$9,335	$29,870	$45,925	$65,785	$101,363
Smithville	$23,010	$45,190	$80,985	$122,380	$195,855
Strawberry	$31,143	$59,802	$96,888	$137,086	$213,910
Swifton	N/A	N/A	N/A	N/A	N/A
Walnut Ridge	$31,645	$54,904	$92,848	$131,794	$196,642
Williford	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lawrence County, Arkansas

In Lawrence County, AR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the home's market value. Homeowners in Lawrence County see a median property tax bill of $581 in Imboden, the highest in the county, while Sedgwick has the lowest median tax bill at $242. These figures contrast with the national median property tax bill of $2,400, highlighting the relatively lower tax burden in Lawrence County. Factors such as location, property size, and improvements can influence the assessed value, thus affecting the tax bill. Homeowners in the 25th percentile pay around $279, while those in the 75th percentile face bills around $728, and the 90th percentile sees bills up to $1,122. Understanding these factors is crucial for homeowners as property taxes can significantly impact financial planning and home affordability.

Property Tax Bills Across Lawrence County, Arkansas

Source: Ownwell

$242

$412

$581

Median Lawrence County Tax Bill

$469

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,690

Property Tax Bills Across Lawrence County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Alicia	$129	$209	$380	$594	$1,011
Black Rock	$110	$192	$322	$595	$985
Hoxie	$187	$301	$431	$638	$988
Imboden	$185	$366	$581	$870	$1,240
Lynn	$168	$253	$422	$646	$927
Minturn	$57	$204	$248	$336	$676
Portia	$112	$240	$323	$420	$646
Powhatan	$99	$266	$465	$742	$1,131
Ravenden	$119	$196	$392	$654	$1,036
Saffell	$157	$290	$491	$860	$1,317
Sedgwick	$53	$150	$242	$332	$468
Smithville	$134	$287	$537	$825	$1,231
Strawberry	$171	$324	$522	$868	$1,322
Swifton	N/A	N/A	N/A	N/A	N/A
Walnut Ridge	$198	$328	$534	$769	$1,193
Williford	N/A	N/A	N/A	N/A	N/A

Source: Ownwell