Blue Mountain, Arkansas Property Taxes
The median property tax rate in Blue Mountain, AR is 0.98%, slightly lower than the national median of 0.99% but higher than the Arkansas state median of 0.84%. With the median home value in Blue Mountain at $22,900, the typical annual property tax bill is $217, which is significantly below the national median of $2,690. Property taxes in Blue Mountain are determined based on the tax assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Blue Mountain's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Blue Mountain or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Blue Mountain, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$224
$208
Ownwell's Blue Mountain Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Blue Mountain with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Blue Mountain to provide an estimated property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is the value assigned by Logan County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Blue Mountain, Arkansas
Property taxes in Blue Mountain, Arkansas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blue Mountain is 0.98%, slightly lower than the U.S. national median of 0.99%. Local government entities within Blue Mountain set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blue Mountain estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Blue Mountain's effective property tax rate to other areas in Arkansas and the national median. For comparison, the ZIP code 72826 has both the highest and lowest median property tax rates of 0.98%, indicating a uniform tax rate within the region. Understanding how these cities compare with Blue Mountain provides valuable insights into the varying tax landscape across Logan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blue Mountain Tax Rate
0.98%
Average Logan County Tax Rate
0.92%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blue Mountain, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72826 | 0.77% | 0.92% | 0.98% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Blue Mountain, Arkansas
In Blue Mountain, Arkansas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Logan County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Blue Mountain, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the median home price in Blue Mountain is $22,900, with tax bills ranging from $178 at the 25th percentile to $522 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 72826, with a value of $217. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Blue Mountain Assessed Value
$22,900
Average Logan County Assessed Value
$67,850
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blue Mountain, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72826 | $10,920 | $18,200 | $22,900 | $35,600 | $59,530 |
Source: Ownwell
Property Tax Bills Across Blue Mountain, Arkansas
In Blue Mountain, located in Logan County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $22,900. Property tax rates are applied to this assessed value to determine the annual tax bill. Factors such as property location, home improvements, and local government budgets can influence the assessed value and, consequently, the tax bill. For homeowners in Blue Mountain, property tax bills vary significantly. At the 25th percentile, the tax bill is approximately $178, while at the 75th percentile, it rises to around $327. Those at the 90th percentile can expect to pay as much as $522 annually. Compared to the national median property tax rate of 0.99%, Blue Mountain's rates can be considered relatively moderate. These taxes fund essential community services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents.
Average Blue Mountain Tax Bill
$217
Average Logan County Tax Bill
$602
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Blue Mountain, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72826 | $107 | $178 | $217 | $327 | $522 |
Source: Ownwell