Dardanelle, Arkansas Property Taxes
The median property tax rate in Dardanelle, AR is 0.96%, slightly lower than the national median of 0.99% but higher than the Arkansas state median of 0.84%. With a median home value of $56,700 in Dardanelle, the typical annual property tax bill amounts to $363, which is significantly below the national median of $2,690. Property taxes in Dardanelle are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Dardanelle'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 Dardanelle or another part of Logan County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dardanelle, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$544
Ownwell’s Dardanelle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dardanelle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dardanelle to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Dardanelle, Arkansas
Property taxes in Dardanelle, Arkansas, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Dardanelle is 0.52%, significantly lower than both the Arkansas state median of 0.61% and the U.S. national median of 0.99%. Local government entities within Dardanelle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dardanelle 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 Dardanelle's effective property tax rate to other counties in Arkansas and the national median. For comparison, the highest median property tax rate in Arkansas is found in Pulaski County at 0.87%, while the lowest median tax rate is in Howard County at 0.32%. Understanding how these cities compare with Dardanelle provides valuable insights into the varying tax landscape across Yell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dardanelle Tax Rate
0.96%
Average Logan County Tax Rate
0.92%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dardanelle, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72834 | 0.85% | 0.96% | 0.96% | 0.96% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Dardanelle, Arkansas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Dardanelle, Arkansas. 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 Appraisal District 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 Dardanelle, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Dardanelle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Dardanelle are both $363, found in the 72834 zip code.
Average Dardanelle Assessed Value
$56,700
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 Dardanelle, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72834 | $13,950 | $26,075 | $56,700 | $89,425 | $169,050 |
Source: Ownwell
Property Tax Bills Across Dardanelle, Arkansas
In Dardanelle, located in Logan County, AR, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Dardanelle is $56,700. Homeowners in this region experience a range of property tax bills, with the 25th percentile paying around $251 annually and the 75th percentile paying approximately $816. For those at the 90th percentile, the tax bill can reach up to $1,340. The assessed value is determined by local assessors who consider factors such as the property’s size, location, and condition. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual tax bill. This system ensures that homeowners contribute to local services like schools and infrastructure based on the value of their property. In comparison to the national median property tax rate of 0.99%, Logan County’s property tax rates offer a relatively affordable option for homeowners.
Average Dardanelle Tax Bill
$363
Average Logan County Tax Bill
$602
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Dardanelle, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72834 | $134 | $251 | $363 | $816 | $1,340 |
Source: Ownwell