Lincoln County, Arkansas Property Taxes

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

Median Lincoln County effective property tax rate: 0.86%, significantly lower than the national median of 1.02%.
Median Lincoln County home value: $43,150
Median annual Lincoln County tax bill: $302, $2,098 lower than the national median property tax bill of $2,400.

How are property taxes in Lincoln County calculated?

Property taxes in Lincoln 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 Star City or another part of Lincoln County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lincoln County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$371

$344

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

Property Tax Rates Across Lincoln County, Arkansas

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties assess their budgetary needs to fund essential services and divide this by the total assessed value of all taxable properties in their area. This process results in the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is the core of the annual procedure.

In Lincoln County, the effective property tax rate is a reflection of this process. It stands at 0.86%, which is below the national median property tax rate of 1.02%. This means property owners in Lincoln County may pay less in property taxes compared to the national average. The highest median tax rate in the area is found in Gould at 1.02%, aligning with the national median, while Star City boasts the lowest at 0.72%. Comparing these rates provides insight into the variations within the state and how Lincoln County's rate is positioned both locally and nationally.

Property Tax Rates Across Lincoln County, Arkansas

Source: Ownwell

0.72%

0.87%

1.02%

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 Lincoln County Tax Rate

0.86%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lincoln County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Dumas	0.24%	0.48%	0.81%	1.02%	1.02%
Gould	0.16%	0.54%	1.02%	1.08%	1.08%
Grady	0.17%	0.84%	0.98%	0.98%	0.98%
Monticello	0.32%	0.60%	0.92%	0.95%	1.02%
Pine Bluff	N/A	N/A	N/A	N/A	N/A
Star City	0.13%	0.36%	0.72%	0.92%	0.98%
Wilmar	0.12%	0.23%	0.83%	0.92%	0.92%

Source: Ownwell

Property Tax Assessment Values Across Lincoln County, Arkansas

When examining property taxes in Lincoln 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 Lincoln 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 Lincoln 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 Lincoln County. For example, the median tax bill in Lincoln County is $425, with tax bills ranging significantly across the county. Dumas has the highest median home price at $63,000.

Property Tax Assessment Values Across Lincoln County, Arkansas

Source: Ownwell

$26,675

$44,838

$63,000

Median Lincoln County Market Value

$43,150

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lincoln County, Arkansas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Dumas	$12,740	$29,400	$63,000	$139,200	$206,130
Gould	$7,545	$14,538	$26,675	$49,875	$110,325
Grady	$6,280	$12,650	$30,350	$47,800	$83,990
Monticello	$11,380	$13,625	$48,300	$72,225	$164,830
Pine Bluff	N/A	N/A	N/A	N/A	N/A
Star City	$12,550	$25,150	$47,450	$92,912	$156,565
Wilmar	$12,560	$17,100	$34,200	$63,650	$153,380

Source: Ownwell

Property Tax Bills Across Lincoln County, Arkansas

In Lincoln County, AR, property tax bills are calculated based on the assessed value of a property, which is determined by a percentage of the property's market value. The county's median property tax bill is significantly lower than the national median, with homeowners typically paying around $157 annually in Wilmar, while those in Dumas may see bills as high as $425. Various factors influence these tax bills, including the property's location, size, and any applicable exemptions or deductions. Homeowners in Lincoln County benefit from a relatively low tax rate compared to the national median of 1.02%, which can provide financial relief and make homeownership more affordable. However, despite the lower rates, the impact on homeowners can vary widely, with the 25th percentile tax bill at $123 and the 90th percentile reaching $1,246. Understanding these calculations and potential variations is crucial for property owners to manage their financial planning effectively and anticipate any changes in their annual tax obligations.

Property Tax Bills Across Lincoln County, Arkansas

Source: Ownwell

$157

$291

$425

Median Lincoln County Tax Bill

$302

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Lincoln County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Dumas	$68	$183	$425	$1,049	$1,932
Gould	$34	$103	$204	$437	$1,201
Grady	$26	$83	$194	$417	$883
Monticello	$114	$160	$393	$650	$1,233
Pine Bluff	N/A	N/A	N/A	N/A	N/A
Star City	$41	$128	$317	$700	$1,205
Wilmar	$19	$115	$157	$433	$1,386

Source: Ownwell