Lonoke County, Arkansas Property Taxes
Median Lonoke County effective property tax rate: 1.01%, slightly lower than the national median of 1.02%.
Median Lonoke County home value: $119,600
Median annual Lonoke County tax bill: $1,186, $1,214 lower than the national median property tax bill of $2,400.
How are property taxes in Lonoke County calculated?
Property taxes in Lonoke 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 Cabot or another part of Lonoke County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lonoke County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$1,208
$1,121
Property Tax Rates Across Lonoke County, Arkansas
Local government entities establish tax rates, leading to significant variations within Arkansas. This is because each year, counties like Lonoke estimate their necessary budget for services and divide this by the total value of all taxable property in their area. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.
In Lonoke County, the effective property tax rate is a reflection of this process. When compared to the national median property tax rate of 1.02%, Lonoke is slightly below at 1.01%. Within Arkansas, the highest median tax rate is found in England at 1.16%, while Austin boasts the lowest at 0.92%. This demonstrates the variability of property tax rates within the state, influenced by the unique budgetary needs and property values of each county. Understanding these differences can help property owners make informed decisions regarding property tax appeals and exemptions.
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 Lonoke County Tax Rate
1.01%
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 Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lonoke County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Austin | 0.72% | 0.88% | 0.92% | 1.01% | 1.01% |
| Cabot | 0.80% | 0.92% | 1.02% | 1.02% | 1.02% |
| Carlisle | 0.75% | 0.95% | 0.97% | 1.07% | 1.07% |
| Coy | 0.75% | 0.89% | 1.08% | 1.08% | 1.08% |
| England | 0.87% | 0.99% | 1.16% | 1.16% | 1.16% |
| Jacksonville | 0.69% | 0.82% | 1.00% | 1.09% | 1.09% |
| Keo | 0.87% | 1.08% | 1.08% | 1.08% | 1.08% |
| Lonoke | 0.73% | 0.88% | 0.97% | 1.12% | 1.14% |
| Scott | 0.70% | 0.81% | 0.94% | 1.03% | 1.05% |
| Stuttgart | 0.92% | 0.97% | 0.97% | 0.97% | 0.97% |
| Ward | 0.72% | 0.88% | 0.93% | 1.02% | 1.02% |
| Humnoke | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Lonoke County, Arkansas
When examining property taxes in Lonoke 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 Lonoke County Assessor 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 Lonoke County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Lonoke County. For example, the median tax bill in Lonoke County is $1,411, with tax bills ranging significantly across the county. Cabot has the highest median home price at $144,375.
Median Lonoke County Market Value
$119,600
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lonoke County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Austin | $30,910 | $84,750 | $137,950 | $188,425 | $245,890 |
| Cabot | $65,300 | $104,088 | $144,375 | $201,900 | $272,395 |
| Carlisle | $13,500 | $38,212 | $73,025 | $134,425 | $225,725 |
| Coy | $17,490 | $34,462 | $54,400 | $80,312 | $133,180 |
| England | $12,530 | $26,400 | $55,050 | $114,050 | $207,070 |
| Jacksonville | $11,950 | $33,625 | $64,350 | $104,750 | $157,370 |
| Keo | $12,055 | $28,938 | $43,650 | $87,125 | $171,165 |
| Lonoke | $19,650 | $46,300 | $86,550 | $146,825 | $212,350 |
| Scott | $6,865 | $32,250 | $67,400 | $130,025 | $253,955 |
| Stuttgart | $27,520 | $42,050 | $78,975 | $130,275 | $309,950 |
| Ward | $20,200 | $60,600 | $109,550 | $143,750 | $196,500 |
| Humnoke | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Lonoke County, Arkansas
In Lonoke County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. The median home price in the county is $119,600, and with the property tax rate applied, homeowners can expect varying tax bills. The 25th percentile tax bill is approximately $667, while the 75th percentile reaches $1,730. Those in the 90th percentile may see bills around $2,384, which is slightly above the national median property tax bill of $2,400.
Factors influencing the tax bill include property location, market conditions, and local government budgets. For instance, in Cabot, the highest median tax bill is $1,411, whereas in Keo, it's significantly lower at $451. These variations affect homeowners by influencing affordability and overall financial planning. High property taxes can impact disposable income and housing market dynamics, potentially affecting property values and homeowner decisions. Understanding these factors can help homeowners anticipate and manage their property tax obligations effectively.
Median Lonoke County Tax Bill
$1,186
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Lonoke County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Austin | $332 | $778 | $1,346 | $1,828 | $2,325 |
| Cabot | $626 | $1,014 | $1,411 | $1,959 | $2,605 |
| Carlisle | $208 | $430 | $742 | $1,350 | $2,263 |
| Coy | $231 | $354 | $532 | $774 | $1,189 |
| England | $164 | $313 | $610 | $1,260 | $2,161 |
| Jacksonville | $153 | $322 | $607 | $1,088 | $1,647 |
| Keo | $113 | $293 | $451 | $1,011 | $1,860 |
| Lonoke | $255 | $483 | $877 | $1,456 | $2,117 |
| Scott | $156 | $334 | $641 | $1,274 | $2,552 |
| Stuttgart | $281 | $398 | $669 | $1,314 | $3,048 |
| Ward | $215 | $572 | $1,074 | $1,409 | $1,818 |
| Humnoke | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell