Scott County Property Taxes
The median property tax rate in Scott County is 0.77%, which is lower than both the national median of 0.99% and the Arkansas state median of 0.84%. With the median home value in Scott County, the typical annual property tax bill is $385, significantly below the national median of $2,690. Property taxes in Scott County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Scott 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 Waldron or another part of Scott County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Scott County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$385
$357
Ownwell’s Scott County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Scott County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Scott 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 Scott County, Arkansas
Property taxes in Scott County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Scott County is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Scott County set these rates annually, and they can vary significantly between different areas within the county. Each year, Scott 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 Scott County's effective property tax rate with other counties in Arkansas and the national median. For comparison, the city of Mansfield has one of the higher property tax rates in Arkansas at 0.86%, while the city of Gravelly boasts one of the lowest at 0.77%. Analyzing how Scott County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Scott County Tax Rate
0.77%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Scott County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bates | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
| Bluffton | 0.69% | 0.77% | 0.77% | 0.77% | 0.77% |
| Boles | 0.59% | 0.72% | 0.77% | 0.77% | 0.77% |
| Booneville | 0.65% | 0.77% | 0.86% | 0.86% | 0.86% |
| Danville | 0.50% | 0.72% | 0.77% | 0.77% | 0.77% |
| Gravelly | 0.49% | 0.60% | 0.77% | 0.77% | 0.77% |
| Harvey | 0.56% | 0.74% | 0.77% | 0.77% | 0.77% |
| Mansfield | 0.67% | 0.79% | 0.86% | 0.86% | 0.96% |
| Mena | 0.64% | 0.68% | 0.77% | 0.77% | 0.77% |
| Parks | 0.58% | 0.76% | 0.77% | 0.77% | 0.77% |
| Waldron | 0.60% | 0.73% | 0.77% | 0.87% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Scott County, Arkansas
In Scott 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 Scott 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 Scott 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, Bluffton has the highest median tax bill at $472, while Mena has the lowest at $233. Being aware of these valuation processes in Scott County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Scott County Assessed Value
$49,950
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Scott County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bates | $9,300 | $9,300 | $9,300 | $9,300 | $9,300 |
| Bluffton | $5,795 | $36,575 | $59,775 | $89,625 | $124,655 |
| Boles | $8,295 | $23,125 | $42,450 | $78,125 | $119,685 |
| Booneville | $8,250 | $24,025 | $48,875 | $90,012 | $146,690 |
| Danville | $6,075 | $25,250 | $54,475 | $85,800 | $109,975 |
| Gravelly | $22,730 | $30,600 | $44,200 | $89,300 | $106,990 |
| Harvey | $9,400 | $24,788 | $50,825 | $81,388 | $117,200 |
| Mansfield | $4,880 | $20,700 | $49,800 | $89,400 | $130,130 |
| Mena | $6,660 | $16,775 | $31,450 | $55,950 | $92,230 |
| Parks | $6,650 | $22,600 | $47,800 | $78,600 | $115,550 |
| Waldron | $10,465 | $25,350 | $52,350 | $89,000 | $135,655 |
Source: Ownwell
Property Tax Bills Across Scott County, Arkansas
In Scott 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 the county is $49,950. Local tax authorities determine the assessed value, and then apply the local tax rate to this value. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Scott County can expect their property tax bills to vary widely. For example, the 25th percentile tax bill is around $194, while the 75th percentile reaches $658, and the 90th percentile can be as high as $996. Bluffton has the highest median tax bill at $472, whereas Mena has the lowest at $233. Compared to the national median property tax rate of 0.99%, Scott County's rates are considerably lower, offering some relief to homeowners. Understanding these factors can help residents anticipate their property tax obligations and budget accordingly.
Average Scott County Tax Bill
$385
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Scott County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bates | $71 | $71 | $71 | $71 | $71 |
| Bluffton | $157 | $257 | $472 | $728 | $1,129 |
| Boles | $84 | $187 | $334 | $547 | $902 |
| Booneville | $76 | $195 | $386 | $679 | $1,254 |
| Danville | $70 | $243 | $412 | $584 | $785 |
| Gravelly | $150 | $164 | $320 | $608 | $807 |
| Harvey | $113 | $232 | $373 | $630 | $846 |
| Mansfield | $77 | $192 | $423 | $752 | $1,105 |
| Mena | $60 | $127 | $233 | $412 | $678 |
| Parks | $70 | $171 | $353 | $584 | $887 |
| Waldron | $96 | $207 | $396 | $673 | $1,004 |
Source: Ownwell