Pope County, Arkansas Property Taxes

Local government entities are responsible for setting property tax rates, and these can differ significantly within a state. Each year, counties determine their required budget for providing services and divide this by the total value of all taxable property within their jurisdiction. This calculation establishes the property tax rate. While the process involves votes and legislation, this is the essence of how annual tax rates are determined.

In Pope County, Arkansas, the effective property tax rate is a crucial factor for homeowners. It is slightly below the national median property tax rate of 1.02%. Within the state, Pottsville has the highest median tax rate, while Lamar boasts the lowest. Understanding these differences can help property owners make informed decisions about their investments. By comparing Pope County's property tax rate to other counties in Arkansas or the U.S. median, homeowners can better assess their financial obligations and potential savings. Whether you're a current resident or considering a move, being aware of these rates can significantly impact your property tax strategy.

In Pope County, AR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is typically a percentage of the property's market value. The median home price in the county is $105,400, and homeowners are taxed accordingly. The property tax rate in Pope County is applied to the assessed value to calculate the annual tax bill.

Factors such as location within the county can influence the tax bill. For instance, Pottsville has the highest median tax bill at $1,119, while Hagarville has the lowest at $366. The tax bill can vary significantly, with the 25th percentile paying around $530 and the 75th percentile paying $1,462. At the 90th percentile, the tax bill reaches $2,130.

Compared to the national median property tax rate of 1.02%, Pope County's tax bills are relatively lower, which can be beneficial for homeowners in managing their annual expenses. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.