Sebastian County, Arkansas Property Taxes

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

Median Sebastian County effective property tax rate: 1.04%, slightly higher than the national median of 1.02%.
Median Sebastian County home value: $104,400.
Median annual Sebastian County tax bill: $994, $1,406 lower than the national median property tax bill of $2,400.

How are property taxes in Sebastian County calculated?

Property taxes in Sebastian 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 Fort Smith or another part of Sebastian County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sebastian County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$1,086

$1,008

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

Property Tax Rates Across Sebastian County, Arkansas

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties like Sebastian County in Arkansas calculate their required budget to provide services and divide it by the total assessed value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the fundamental process.

Sebastian County's effective property tax rate stands at 1.04%, slightly above the national median of 1.02%. This rate reflects the county's budgetary needs and the assessed value of properties within its borders. Among other counties in Arkansas, Central City has the highest median tax rate at 1.11%, while Charleston boasts the lowest at 0.90%.

These variations highlight the importance of understanding local tax rates, as they can impact property owners differently depending on their location. Comparing Sebastian County's rate to the U.S. median provides valuable insight into how local property taxes measure up on a national scale.

Property Tax Rates Across Sebastian County, Arkansas

Source: Ownwell

0.90%

1.00%

1.11%

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 Sebastian County Tax Rate

1.04%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sebastian County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Barling	0.71%	0.96%	1.00%	1.00%	1.00%
Bonanza	N/A	N/A	N/A	N/A	N/A
Booneville	0.73%	0.89%	0.94%	0.94%	0.97%
Cecil	0.52%	0.83%	1.01%	1.01%	1.01%
Central City	0.72%	0.90%	1.11%	1.11%	1.11%
Charleston	0.57%	0.75%	0.90%	0.92%	0.92%
Fort Smith	0.77%	0.95%	1.05%	1.05%	1.05%
Greenwood	0.74%	0.94%	0.98%	1.04%	1.04%
Hackett	0.64%	0.84%	0.94%	0.96%	1.03%
Hartford	0.65%	0.92%	0.96%	1.06%	1.06%
Huntington	0.67%	0.88%	0.97%	0.97%	1.08%
Lavaca	0.71%	0.92%	1.01%	1.09%	1.09%
Mansfield	0.67%	0.93%	0.97%	1.08%	1.08%
Midland	0.50%	0.70%	0.96%	1.03%	1.03%

Source: Ownwell

Property Tax Assessment Values Across Sebastian County, Arkansas

When examining property taxes in Sebastian 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 Sebastian 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.

Assessment notices: In Sebastian County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Sebastian County.

For example, the median tax bill in Sebastian County is $1,189, with tax bills ranging significantly across the county. Greenwood has the highest median home price at $122,500.

Property Tax Assessment Values Across Sebastian County, Arkansas

Source: Ownwell

$41,350

$117,283

$193,215

Median Sebastian County Market Value

$104,400

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sebastian County, Arkansas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Barling	$42,360	$74,600	$95,800	$126,050	$155,810
Bonanza	N/A	N/A	N/A	N/A	N/A
Booneville	$32,496	$48,200	$83,550	$133,400	$203,060
Cecil	$24,790	$49,950	$98,750	$134,700	$180,020
Central City	$11,535	$40,775	$87,175	$143,112	$178,255
Charleston	$29,270	$55,250	$106,700	$170,700	$250,820
Fort Smith	$41,100	$62,100	$105,250	$164,300	$245,700
Greenwood	$47,865	$83,700	$122,500	$169,012	$236,335
Hackett	$20,250	$41,238	$75,975	$127,875	$184,800
Hartford	$12,200	$26,588	$55,375	$98,188	$157,075
Huntington	$15,520	$36,550	$73,800	$120,500	$179,374
Lavaca	$40,230	$70,635	$122,000	$168,938	$224,215
Mansfield	$17,930	$39,325	$73,650	$120,225	$173,740
Midland	$17,750	$27,875	$41,350	$69,275	$97,563

Source: Ownwell

Property Tax Bills Across Sebastian County, Arkansas

Property tax bills in Sebastian County, Arkansas, are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Local tax rates are then applied to this assessed value to calculate the annual tax bill. Homeowners in Sebastian County experience property tax bills that vary significantly. For instance, the tax bill at the 25th percentile is $588, while at the 75th percentile, it rises to $1,553. The 90th percentile tax bill reaches $2,324. In Greenwood, the city with the highest median tax bill, homeowners pay $1,189, whereas in Midland, the lowest median tax bill is $339. These figures highlight the disparity in property tax obligations within the county. Compared to the national median property tax rate of 1.02%, Sebastian County's rates can be more favorable, offering potential savings for homeowners. However, understanding these variations is crucial for homeowners when budgeting for annual expenses.

Property Tax Bills Across Sebastian County, Arkansas

Source: Ownwell

$339

$1,122

$1,905

Median Sebastian County Tax Bill

$994

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Sebastian County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Barling	$395	$694	$887	$1,224	$1,533
Bonanza	N/A	N/A	N/A	N/A	N/A
Booneville	$293	$401	$760	$1,194	$1,743
Cecil	$210	$476	$856	$1,083	$1,642
Central City	$122	$414	$816	$1,537	$1,937
Charleston	$224	$416	$844	$1,448	$2,112
Fort Smith	$405	$604	$1,022	$1,627	$2,478
Greenwood	$442	$785	$1,189	$1,625	$2,315
Hackett	$194	$362	$658	$1,129	$1,631
Hartford	$115	$236	$493	$869	$1,424
Huntington	$158	$334	$627	$1,103	$1,668
Lavaca	$357	$684	$1,096	$1,654	$2,178
Mansfield	$172	$356	$639	$1,069	$1,639
Midland	$150	$226	$339	$550	$856

Source: Ownwell