Maumelle, Pulaski County, Arkansas Property Taxes
The median property tax rate in Maumelle, AR is 1.13%, noticeably higher than both the national median of 0.99% and the Arkansas state median of 0.84%. With the median home value in Maumelle at $245,018, the typical annual property tax bill reaches $2,720, surpassing the national median of $2,690. Property taxes in Maumelle are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Maumelle'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 Maumelle or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Maumelle, Pulaski County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$2,769
$2,569
Ownwell’s Maumelle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Maumelle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Maumelle 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 Maumelle, Pulaski County, Arkansas
Property taxes in Maumelle, Arkansas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Maumelle is 1.13%, higher than both the Arkansas state median and the U.S. national median of 0.99%. Local government entities within Maumelle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Maumelle 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 Maumelle's effective property tax rate to other areas in Pulaski County and the national median. For comparison, the 72113 zip code has the highest median property tax rate of 1.13%, while the same zip code also has the lowest median tax rate of 1.13%. Understanding how these areas compare with Maumelle provides valuable insights into the varying tax landscape across Pulaski County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Maumelle Tax Rate
1.13%
Average Pulaski County Tax Rate
1.04%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Maumelle, Pulaski County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72113 | 0.97% | 1.05% | 1.13% | 1.24% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Maumelle, Pulaski County, Arkansas
In Maumelle, Arkansas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Pulaski 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 Maumelle, 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 Maumelle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Maumelle are both $2720, found in the 72113 zip code.
Property Tax Assessment Values Across Maumelle, Pulaski County, Arkansas
Source: Ownwell
$7,850
$191,235
$374,620
Average Maumelle Assessed Value
$245,018
Average Pulaski County Assessed Value
$148,242
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Maumelle, Pulaski County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72113 | $146,758 | $186,766 | $245,018 | $304,512 | $376,816 |
Source: Ownwell
Property Tax Bills Across Maumelle, Pulaski County, Arkansas
In Maumelle, located in Pulaski County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Maumelle is $245,018. Homeowners can expect their tax bill to vary significantly, with the 25th percentile paying around $2,054 and those in the 75th percentile facing bills of approximately $3,424. For properties in the 90th percentile, the tax bill can reach up to $4,273. The highest and lowest median tax bills in Maumelle are both recorded at $2,720 in the 72113 zip code, reflecting a consistent property tax rate across the area. These figures are influenced by factors such as property location, home size, and market conditions. Compared to the national median property tax rate of 0.99%, Maumelle's property taxes can be relatively high, impacting homeowners' annual expenses and overall affordability of living in this desirable Arkansas city.
Average Maumelle Tax Bill
$2,720
Average Pulaski County Tax Bill
$1,457
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Maumelle, Pulaski County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72113 | $1,587 | $2,054 | $2,720 | $3,424 | $4,273 |
Source: Ownwell