Saline County, Arkansas Property Taxes
The median property tax rate in Saline County is 0.83%, which is slightly lower than both the national median of 0.99% and the Arkansas state median of 0.84%. With the median home value in Saline County at $164,560, the typical annual property tax bill is approximately $1,361, significantly below the national median of $2,690. Property taxes in Saline County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Saline County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Benton or another part of Saline County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saline County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$1,366
$1,267
Ownwell’s Saline County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Saline County with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Saline County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Saline County, Arkansas
Property taxes in Saline County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Saline County is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within Saline County set these rates annually, and they can vary significantly between different areas within the county. Each year, Saline County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Saline County's effective property tax rate with other counties and the national median. For comparison, the city of Haskell has one of the higher property tax rates in Arkansas at 1.02%, while the city of Jessieville boasts one of the lowest at 0.55%. Analyzing how Saline County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Saline County Tax Rate
0.83%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saline County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander | 0.57% | 0.69% | 0.82% | 0.93% | 0.96% |
| Bauxite | 0.61% | 0.69% | 0.80% | 0.94% | 0.97% |
| Benton | 0.65% | 0.78% | 0.88% | 0.96% | 1.03% |
| Bryant | 0.65% | 0.77% | 0.84% | 0.89% | 0.98% |
| Haskell | 0.58% | 0.75% | 1.02% | 1.13% | 1.13% |
| Hensley | 0.54% | 0.63% | 0.73% | 0.78% | 0.84% |
| Hot Springs National Park | N/A | N/A | N/A | N/A | N/A |
| Hot Springs Village | 0.56% | 0.61% | 0.66% | 0.74% | 0.89% |
| Jessieville | N/A | N/A | N/A | N/A | N/A |
| Little Rock | 0.55% | 0.65% | 0.74% | 0.84% | 0.93% |
| Lonsdale | 0.53% | 0.62% | 0.73% | 0.89% | 0.98% |
| Mabelvale | 0.56% | 0.63% | 0.74% | 0.86% | 0.98% |
| Malvern | 0.56% | 0.67% | 0.79% | 1.03% | 1.03% |
| Paron | 0.55% | 0.63% | 0.74% | 0.94% | 0.94% |
| Shannon Hills | 0.86% | 0.87% | 0.94% | 1.00% | 1.00% |
| Traskwood | 0.57% | 0.64% | 0.82% | 1.01% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Saline County, Arkansas
In Saline County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Saline County Appraisal District. The assessed value, however, 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. Assessment notices in Saline County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Hot Springs Village has the highest median tax bill at $2,093, while Haskell has the lowest at $155. Being aware of these valuation processes in Saline County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Saline County Assessed Value
$164,560
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saline County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander | $19,126 | $61,582 | $157,635 | $236,638 | $352,473 |
| Bauxite | $20,000 | $45,950 | $103,735 | $195,110 | $263,933 |
| Benton | $42,205 | $97,638 | $163,780 | $233,828 | $331,355 |
| Bryant | $56,181 | $138,370 | $180,285 | $234,250 | $290,384 |
| Haskell | $2,394 | $4,642 | $19,348 | $42,752 | $60,098 |
| Hensley | $26,789 | $53,735 | $142,910 | $227,155 | $301,717 |
| Hot Springs National Park | N/A | N/A | N/A | N/A | N/A |
| Hot Springs Village | $192,920 | $242,255 | $309,970 | $407,125 | $539,394 |
| Jessieville | N/A | N/A | N/A | N/A | N/A |
| Little Rock | $18,865 | $63,108 | $151,965 | $280,018 | $497,287 |
| Lonsdale | $16,351 | $38,048 | $91,145 | $171,112 | $282,514 |
| Mabelvale | $16,816 | $34,645 | $81,960 | $143,372 | $202,982 |
| Malvern | $21,889 | $44,530 | $83,580 | $184,002 | $282,329 |
| Paron | $12,883 | $31,585 | $83,435 | $187,748 | $268,751 |
| Shannon Hills | $4,713 | $16,001 | $111,438 | $176,880 | $216,745 |
| Traskwood | $15,181 | $34,175 | $58,440 | $109,915 | $197,383 |
Source: Ownwell
Property Tax Bills Across Saline County, Arkansas
In Saline County, AR, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in the county stands at $164,560. Homeowners in this region see a range of property tax bills, influenced by various factors including the property's assessed value and the local tax rate. For example, the 25th percentile tax bill is $638, while the 75th percentile tax bill is $1,973, and at the 90th percentile, it reaches $2,825. The highest median tax bill in the county is found in Hot Springs Village at $2,093, whereas Haskell has the lowest median tax bill at $155. These variations significantly affect homeowners, as higher property taxes can increase the overall cost of homeownership, while lower taxes can make properties more affordable. Comparing this to the national median property tax rate of 0.99%, Saline County offers a diverse range of tax bills that reflect the differing property values and local tax policies.
Average Saline County Tax Bill
$1,361
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Saline County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexander | $154 | $438 | $1,332 | $1,860 | $2,840 |
| Bauxite | $180 | $370 | $767 | $1,595 | $2,171 |
| Benton | $361 | $794 | $1,426 | $2,036 | $2,893 |
| Bryant | $443 | $1,114 | $1,514 | $1,956 | $2,516 |
| Haskell | $28 | $56 | $155 | $442 | $643 |
| Hensley | $190 | $375 | $966 | $1,639 | $2,205 |
| Hot Springs National Park | N/A | N/A | N/A | N/A | N/A |
| Hot Springs Village | $1,218 | $1,569 | $2,093 | $2,821 | $3,778 |
| Jessieville | N/A | N/A | N/A | N/A | N/A |
| Little Rock | $140 | $467 | $1,044 | $2,070 | $4,229 |
| Lonsdale | $110 | $267 | $616 | $1,232 | $1,816 |
| Mabelvale | $124 | $249 | $557 | $1,122 | $1,552 |
| Malvern | $154 | $335 | $667 | $1,431 | $2,552 |
| Paron | $98 | $239 | $563 | $1,317 | $1,917 |
| Shannon Hills | $74 | $160 | $1,212 | $1,580 | $2,079 |
| Traskwood | $128 | $259 | $466 | $886 | $1,423 |
Source: Ownwell