Sharp County, Arkansas Property Taxes

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

Median Sharp County effective property tax rate: 0.61%, significantly lower than the national median of 1.02%.
Median Sharp County home value: $83,700
Median annual Sharp County tax bill: $481, $1,919 lower than the national median property tax bill of $2,400.

How are property taxes in Sharp County calculated?

Property taxes in Sharp 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 Ash Flat or another part of Sharp County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sharp County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$511

$474

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

Property Tax Rates Across Sharp County, Arkansas

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties calculate their necessary budget to deliver services and then divide this amount by the total value of all taxable properties within their area, resulting in the property tax rate. This process involves votes and legislation, but essentially, this is how it works annually.

Sharp County, Arkansas, has a median property tax rate of 0.61%, which is below the national median property tax rate of 1.02%. This means property owners in Sharp County generally pay less compared to the national average. Within the county, Sidney has the highest median tax rate at 0.79%, while Williford has the lowest at 0.53%. Comparing these figures to the national median property tax bill of $2400, residents in Sharp County benefit from a more favorable tax environment.

Understanding these differences can help property owners make informed decisions about property investments and tax appeals in Sharp County.

Property Tax Rates Across Sharp County, Arkansas

Source: Ownwell

0.53%

0.66%

0.79%

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 Sharp County Tax Rate

0.61%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sharp County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Ash Flat	0.38%	0.45%	0.59%	0.68%	0.73%
Cave City	0.48%	0.58%	0.69%	0.88%	0.96%
Cherokee Village	0.44%	0.50%	0.58%	0.67%	0.82%
Evening Shade	0.46%	0.56%	0.75%	0.90%	1.00%
Hardy	0.32%	0.44%	0.55%	0.70%	0.77%
Highland	0.36%	0.43%	0.55%	0.72%	0.80%
Mammoth Spring	0.44%	0.52%	0.59%	0.72%	0.82%
Poughkeepsie	0.43%	0.53%	0.66%	0.78%	0.84%
Ravenden	0.49%	0.59%	0.65%	0.83%	0.86%
Sidney	0.47%	0.59%	0.79%	0.87%	0.99%
Smithville	0.45%	0.52%	0.62%	0.77%	0.83%
Strawberry	0.45%	0.52%	0.59%	0.71%	0.83%
Sulphur Rock	0.51%	0.56%	0.64%	0.81%	0.90%
Williford	0.36%	0.43%	0.53%	0.71%	0.72%

Source: Ownwell

Property Tax Assessment Values Across Sharp County, Arkansas

When examining property taxes in Sharp 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 Sharp 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 Sharp 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 Sharp County. For example, the median tax bill in Sharp County is $653, with tax bills ranging significantly across the county. Ash Flat has the highest median home price at $99,700.

Property Tax Assessment Values Across Sharp County, Arkansas

Source: Ownwell

$55,400

$77,550

$99,700

Median Sharp County Market Value

$83,700

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sharp County, Arkansas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Ash Flat	$30,900	$66,425	$99,700	$161,650	$243,165
Cave City	$22,005	$50,800	$83,225	$129,212	$193,570
Cherokee Village	$54,030	$68,400	$89,500	$138,100	$268,570
Evening Shade	$16,980	$32,900	$69,500	$126,850	$188,770
Hardy	$19,120	$44,050	$87,050	$150,300	$234,530
Highland	$16,420	$51,850	$98,300	$167,500	$266,360
Mammoth Spring	$20,630	$40,100	$85,800	$150,050	$223,280
Poughkeepsie	$13,550	$28,225	$66,950	$122,450	$181,900
Ravenden	$21,400	$43,538	$82,150	$126,550	$200,825
Sidney	$20,500	$47,350	$80,850	$130,550	$179,700
Smithville	$19,030	$45,700	$82,050	$146,675	$246,990
Strawberry	$23,380	$50,100	$95,150	$142,000	$236,160
Sulphur Rock	$23,330	$44,812	$90,700	$156,375	$238,110
Williford	$8,800	$22,062	$55,400	$90,300	$153,200

Source: Ownwell

Property Tax Bills Across Sharp County, Arkansas

In Sharp County, AR, property tax bills are determined based on the assessed value of a home. The median home price in the county is $83,700, which plays a crucial role in calculating the tax bill. The property tax rate is applied to the assessed value, which is typically a percentage of the market value. Homeowners in Sharp County pay a median property tax bill that is significantly lower than the national median of $2,400. In fact, the tax bill in this region ranges from $300 at the 25th percentile to $1,268 at the 90th percentile. Sulphur Rock stands out with the highest median tax bill of $653, while Williford has the lowest at $270. These variations illustrate how different factors, such as location and property value, influence tax bills. For homeowners, understanding these nuances is vital as property taxes impact overall housing costs and budgeting. By staying informed, homeowners can better anticipate their annual financial obligations related to property ownership.

Property Tax Bills Across Sharp County, Arkansas

Source: Ownwell

$270

$462

$653

Median Sharp County Tax Bill

$481

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Sharp County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Ash Flat	$200	$371	$536	$854	$1,334
Cave City	$178	$353	$548	$828	$1,267
Cherokee Village	$305	$386	$514	$805	$1,575
Evening Shade	$136	$261	$474	$800	$1,212
Hardy	$111	$228	$431	$723	$1,171
Highland	$124	$261	$482	$856	$1,391
Mammoth Spring	$139	$244	$458	$830	$1,188
Poughkeepsie	$98	$197	$377	$717	$999
Ravenden	$176	$291	$483	$789	$1,200
Sidney	$175	$309	$544	$838	$1,166
Smithville	$142	$302	$505	$845	$1,380
Strawberry	$186	$336	$506	$819	$1,283
Sulphur Rock	$171	$220	$653	$931	$1,777
Williford	$51	$123	$270	$434	$714

Source: Ownwell