Searcy County, Arkansas Property Taxes

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

Median Searcy County effective property tax rate: 0.76%, significantly lower than the national median of 1.02%. Median Searcy County home value: $53,950. Median annual Searcy County tax bill: $434, $1,966 lower than the national median property tax bill of $2,400.

How are property taxes in Searcy County calculated?

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

Last Updated March 1, 2025

Searcy County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$410

$380

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

Property Tax Rates Across Searcy County, Arkansas

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction, resulting 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.

In Searcy County, Arkansas, the effective property tax rate is 0.76%. This is significantly lower than the national median property tax rate of 1.02%. Within the county, Tilly has the highest median tax rate at 0.81%, while Alco boasts the lowest at 0.68%. These variations highlight the impact of local budget needs and property values on tax rates.

Comparatively, Searcy County residents benefit from a lower property tax burden than many other parts of the country. Understanding these differences can help property owners make informed decisions and potentially save on their property taxes.

Property Tax Rates Across Searcy County, Arkansas

Source: Ownwell

0.68%

0.74%

0.81%

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 Searcy County Tax Rate

0.76%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Searcy County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Alco	0.57%	0.65%	0.68%	0.82%	0.89%
Big Flat	N/A	N/A	N/A	N/A	N/A
Dennard	N/A	N/A	N/A	N/A	N/A
Everton	0.54%	0.64%	0.73%	0.84%	0.95%
Gilbert	0.64%	0.71%	0.76%	0.87%	0.99%
Harriet	N/A	N/A	N/A	N/A	N/A
Hector	N/A	N/A	N/A	N/A	N/A
Leslie	0.60%	0.70%	0.78%	0.91%	0.95%
Marshall	0.61%	0.70%	0.76%	0.86%	0.95%
Pindall	N/A	N/A	N/A	N/A	N/A
Saint Joe	0.56%	0.65%	0.73%	0.88%	0.95%
Tilly	0.66%	0.75%	0.81%	0.88%	0.94%
Timbo	N/A	N/A	N/A	N/A	N/A
Western Grove	0.52%	0.63%	0.70%	0.79%	0.95%
Witts Springs	0.53%	0.65%	0.75%	0.83%	0.95%
Yellville	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Searcy County, Arkansas

When examining property taxes in Searcy 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 Searcy 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.

In Searcy County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Searcy County.

For example, the median tax bill in Searcy County is $539.50, with tax bills ranging significantly across the county. Gilbert has the highest median home price at $122,750.

Property Tax Assessment Values Across Searcy County, Arkansas

Source: Ownwell

$41,900

$82,325

$122,750

Median Searcy County Market Value

$53,950

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Searcy County, Arkansas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Alco	$7,890	$21,700	$45,125	$65,712	$97,240
Big Flat	N/A	N/A	N/A	N/A	N/A
Dennard	N/A	N/A	N/A	N/A	N/A
Everton	$7,580	$22,750	$56,550	$105,000	$164,640
Gilbert	$46,075	$88,488	$122,750	$203,338	$267,750
Harriet	N/A	N/A	N/A	N/A	N/A
Hector	N/A	N/A	N/A	N/A	N/A
Leslie	$8,790	$28,050	$49,350	$82,450	$137,020
Marshall	$8,600	$29,175	$59,575	$97,388	$152,070
Pindall	N/A	N/A	N/A	N/A	N/A
Saint Joe	$3,000	$25,700	$54,700	$95,350	$152,670
Tilly	$8,670	$32,375	$67,800	$102,175	$163,070
Timbo	N/A	N/A	N/A	N/A	N/A
Western Grove	$14,515	$31,888	$78,800	$110,700	$132,875
Witts Springs	$8,480	$24,475	$41,900	$82,025	$119,970
Yellville	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Searcy County, Arkansas

In Searcy 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 $53,950. Local tax rates are applied to this assessed value to determine the annual tax bill. The tax bill can vary significantly within the county. For instance, the 25th percentile tax bill is $230, while the 75th percentile reaches $748, and the 90th percentile can be as high as $1,177. Comparing these figures to the national median property tax bill of $2,400, Searcy County homeowners generally face lower tax bills. However, within the county, there are variations; the city of Gilbert has the highest median tax bill at $910, whereas Alco has the lowest at $314. These variations can impact homeowners' financial planning, influencing decisions on home purchases and investments. Understanding these factors is crucial for homeowners to anticipate their financial obligations accurately.

Property Tax Bills Across Searcy County, Arkansas

Source: Ownwell

$314

$612

$910

Median Searcy County Tax Bill

$434

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Searcy County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Alco	$59	$120	$314	$464	$723
Big Flat	N/A	N/A	N/A	N/A	N/A
Dennard	N/A	N/A	N/A	N/A	N/A
Everton	$116	$197	$424	$807	$1,390
Gilbert	$440	$618	$910	$1,494	$1,875
Harriet	N/A	N/A	N/A	N/A	N/A
Hector	N/A	N/A	N/A	N/A	N/A
Leslie	$129	$234	$410	$671	$1,070
Marshall	$124	$258	$476	$774	$1,221
Pindall	N/A	N/A	N/A	N/A	N/A
Saint Joe	$120	$229	$421	$773	$1,194
Tilly	$121	$346	$490	$896	$1,441
Timbo	N/A	N/A	N/A	N/A	N/A
Western Grove	$178	$245	$522	$757	$976
Witts Springs	$119	$176	$327	$634	$941
Yellville	N/A	N/A	N/A	N/A	N/A

Source: Ownwell