Marion County, Arkansas Property Taxes

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

Median Marion County effective property tax rate: 0.86%, significantly lower than the national median of 1.02%.
Median Marion County home value: $88,850
Median annual Marion County tax bill: $708, $1,692 lower than the national median property tax bill of $2,400.

How are property taxes in Marion County calculated?

Property taxes in Marion 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 Yellville or another part of Marion County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Marion 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

$764

$709

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

Property Tax Rates Across Marion County, Arkansas

Local government entities set tax rates, which can vary widely within a state. Each county 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.

Below, you can compare Marion County's effective property tax rate to other counties in Arkansas or the U.S. median property tax rate. Marion County, with a median property tax rate of 0.86%, sits below the national median of 1.02%. Within Arkansas, Marion County finds itself between Bull Shoals, which has the highest median tax rate in the state at 0.98%, and Protem, which has the lowest at 0.64%. This comparison highlights the variability in property tax rates across different regions, emphasizing the importance of understanding local tax dynamics. Whether you're a homeowner or a prospective buyer, being informed about these rates can significantly impact your financial planning and investment decisions.

Property Tax Rates Across Marion County, Arkansas

Source: Ownwell

0.64%

0.81%

0.98%

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 Marion County Tax Rate

0.86%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Marion County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bruno	N/A	N/A	N/A	N/A	N/A
Buffalo Grove	N/A	N/A	N/A	N/A	N/A
Bull Shoals	0.65%	0.84%	0.98%	1.01%	1.01%
Everton	0.51%	0.69%	0.78%	0.91%	0.91%
Flippin	0.56%	0.73%	0.87%	0.91%	0.95%
Harriet	N/A	N/A	N/A	N/A	N/A
Harrison	0.59%	0.69%	0.85%	0.91%	0.91%
Lead Hill	0.54%	0.73%	0.89%	0.96%	0.96%
Mountain Home	0.54%	0.70%	0.82%	0.82%	0.82%
Mtn Home	N/A	N/A	N/A	N/A	N/A
Oakland	0.46%	0.65%	0.82%	0.82%	0.82%
Peel	0.53%	0.69%	0.86%	0.92%	0.92%
Price Place	0.43%	0.61%	0.73%	0.82%	0.82%
Protem	0.40%	0.46%	0.64%	0.78%	0.87%
Pyatt	0.56%	0.73%	0.88%	0.91%	1.01%
Saint Joe	0.56%	0.69%	0.80%	0.91%	0.91%
St Joe	N/A	N/A	N/A	N/A	N/A
Summit	0.62%	0.72%	0.83%	1.01%	1.01%
Valley Springs	0.56%	0.65%	0.83%	0.91%	0.92%
Yellville	0.53%	0.69%	0.85%	0.92%	0.96%

Source: Ownwell

Property Tax Assessment Values Across Marion County, Arkansas

When examining property taxes in Marion 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 Marion 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 Marion 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 Marion County. For example, the median tax bill in Marion County is $888.50, with tax bills ranging significantly across the county. Protem has the highest median home price at $193,425.

Property Tax Assessment Values Across Marion County, Arkansas

Source: Ownwell

$43,525

$118,475

$193,425

Median Marion County Market Value

$88,850

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Marion County, Arkansas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bruno	N/A	N/A	N/A	N/A	N/A
Buffalo Grove	N/A	N/A	N/A	N/A	N/A
Bull Shoals	$29,440	$68,800	$107,300	$158,800	$218,640
Everton	$23,840	$49,400	$86,400	$128,200	$198,600
Flippin	$28,460	$59,025	$98,125	$166,212	$266,320
Harriet	N/A	N/A	N/A	N/A	N/A
Harrison	$12,840	$34,112	$85,775	$126,738	$181,890
Lead Hill	$20,660	$64,050	$104,750	$170,800	$245,480
Mountain Home	$12,770	$29,125	$112,375	$203,962	$308,700
Mtn Home	N/A	N/A	N/A	N/A	N/A
Oakland	$12,195	$38,762	$118,125	$197,038	$270,970
Peel	$15,140	$47,675	$99,450	$176,575	$262,930
Price Place	$78,360	$100,850	$145,500	$252,500	$317,850
Protem	$81,600	$156,225	$193,425	$317,625	$349,745
Pyatt	$12,275	$25,612	$43,525	$74,462	$130,435
Saint Joe	$25,330	$48,200	$78,350	$127,200	$163,890
St Joe	N/A	N/A	N/A	N/A	N/A
Summit	$12,495	$27,012	$50,150	$73,012	$104,735
Valley Springs	$18,415	$34,450	$75,500	$134,362	$210,435
Yellville	$17,050	$40,600	$84,350	$139,400	$216,530

Source: Ownwell

Property Tax Bills Across Marion County, Arkansas

In Marion County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county applies its tax rate to this assessed value to determine the tax bill. Factors influencing the tax bill include the home's location, improvements, and local tax rates. For example, the median home price in Marion County is $88,850, which is below the national median. Consequently, property tax bills here are also generally lower. The 25th percentile tax bill is $353, while the 75th percentile reaches $1,184, reflecting variations in home values and tax rates across different areas. The highest median tax bill in the county is found in Protem, at $1,240, while Pyatt has the lowest at $374. These figures highlight the impact of location on tax bills. For homeowners, understanding these factors is crucial, as property taxes can significantly affect overall housing costs. By being informed, homeowners can better anticipate their financial obligations.

Property Tax Bills Across Marion County, Arkansas

Source: Ownwell

$374

$807

$1,240

Median Marion County Tax Bill

$708

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Marion County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bruno	N/A	N/A	N/A	N/A	N/A
Buffalo Grove	N/A	N/A	N/A	N/A	N/A
Bull Shoals	$282	$601	$941	$1,434	$1,892
Everton	$154	$366	$656	$1,021	$1,531
Flippin	$240	$462	$785	$1,292	$2,096
Harriet	N/A	N/A	N/A	N/A	N/A
Harrison	$106	$276	$661	$1,067	$1,441
Lead Hill	$205	$558	$829	$1,344	$1,879
Mountain Home	$122	$237	$803	$1,468	$2,131
Mtn Home	N/A	N/A	N/A	N/A	N/A
Oakland	$90	$270	$794	$1,332	$2,030
Peel	$122	$333	$801	$1,314	$2,035
Price Place	$485	$648	$1,031	$1,610	$2,308
Protem	$580	$872	$1,240	$1,420	$2,339
Pyatt	$109	$203	$374	$591	$1,004
Saint Joe	$165	$358	$593	$937	$1,256
St Joe	N/A	N/A	N/A	N/A	N/A
Summit	$116	$214	$389	$610	$790
Valley Springs	$163	$247	$566	$1,012	$1,646
Yellville	$152	$329	$653	$1,083	$1,657

Source: Ownwell