Springdale, Madison County, Arkansas Property Taxes

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

Median Springdale, AR effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%. Median Springdale, AR home value: $34,750. Median annual Springdale, AR tax bill: $313, $2,087 lower than the national median property tax bill of $2,400.

How are property taxes in Madison County calculated?

Property taxes in Springdale, AR 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 Springdale’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Springdale, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Springdale, Madison County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$313

$290

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

Property Tax Rates Across Springdale, Madison County, Arkansas

Local government entities set tax rates, which can vary widely within a state. This happens because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Springdale, located in Washington County, Arkansas, the effective property tax rate is 0.86%. Compared to Madison County's median rate of 0.90%, Springdale's rate is slightly lower. Arkansas's median property tax rate is 0.61%, significantly below the national median rate of 1.02%. This makes Arkansas an attractive option for property owners looking to save on taxes. Additionally, Springdale's median property tax bill stands at $1,200, which is considerably lower than the national median of $2,400. This difference highlights the potential savings for property owners in Springdale. Whether you're a homeowner or investor, understanding these local nuances can be crucial in making informed decisions about property investments and tax liabilities.

Property Tax Rates Across Springdale, Madison County, Arkansas

Source: Ownwell

0.62%

0.77%

0.91%

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 Springdale Taxx Rate

0.90%

Median Effective Madison County Taxx Rate

0.68%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Springdale, Madison County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72762	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Springdale, Madison County, Arkansas

When examining property taxes in Springdale, Arkansas, 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 Madison County appraisal district 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 Madison 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 Springdale. For example, the median home price in Springdale is $34,750, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Springdale, Madison County, Arkansas

Source: Ownwell

$52,325

$110,563

$168,800

Median Springdale Market Value

$34,750

Median Madison County Market Value

$78,900

Median Arkansas Market Value

$113,950

Median United States Market Value

$244,900

Property Tax Assessment Values Across Springdale, Madison County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72762	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Springdale, Madison County, Arkansas

In Springdale, located in Madison County, Arkansas, property tax bills are determined by the assessed value of a property, which is a fraction of its market value. Homeowners in this region face a median property tax bill of $313, significantly lower than the national median of $2,400. The tax rate in this area is influenced by local government budgets and the services they provide. Factors such as property size, location, and improvements can impact the assessed value, thus affecting the tax bill. For homeowners, this means that any changes in these factors could lead to fluctuations in their annual tax obligations.

Ownwell offers valuable assistance to homeowners aiming to reduce their property tax bills. By leveraging expert knowledge and experience, Ownwell helps identify discrepancies in property assessments and files appeals on behalf of homeowners. This service can lead to significant savings by ensuring that property taxes are fair and accurately reflect the true value of the property. With Ownwell's assistance, homeowners can better manage their expenses and potentially lower their annual tax liabilities.

Property Tax Bills Across Springdale, Madison County, Arkansas

Source: Ownwell

$329

$863

$1,396

Median Springdale Tax Bill

$313

Median Madison County Tax Bill

$463

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,690

Property Tax Bills Across Springdale, Madison County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72762	N/A	N/A	N/A	N/A	N/A

Source: Ownwell