Washington County Property Taxes
The median property tax rate in Washington County is 0.60%, which is significantly lower than both the national median of 0.99% and the Arkansas state median of 0.84%. With the median home value in Washington County at $274,150, the typical annual property tax bill reaches approximately $1,659, well below the national median of $2,690. Property taxes in Washington County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Washington County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Fayetteville or another part of Washington County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Washington County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$1,645
Ownwell’s Washington County Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Washington County with just two data points. Simply input your property's estimated assessed value, and our calculator will apply the median tax rate in Washington County to estimate your property tax bill. This tool provides valuable insights to help you understand your potential tax liabilities. For more detailed trends at the city level, scroll down to navigate to a more localized informational page. Remember, your property’s assessed value is determined by the county for tax purposes and considers any exemptions you may qualify for.
Property Tax Rates Across Washington County, Arkansas
Property taxes in Washington County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Washington County is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Washington County set these rates annually, and they can vary significantly between different areas within the county. Each year, Washington 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. For comparison, the city of Johnson has one of the higher property tax rates in the region at 0.77%, while the city of Wesley boasts one of the lowest at 0.45%. Analyzing how Washington County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Washington County Tax Rate
0.60%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Washington County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Canehill | 0.12% | 0.27% | 0.51% | 0.76% | 0.89% |
| Elkins | 0.29% | 0.43% | 0.55% | 0.75% | 0.93% |
| Elm Springs | 0.35% | 0.50% | 0.61% | 0.75% | 0.85% |
| Evansville | 0.12% | 0.30% | 0.60% | 0.75% | 0.91% |
| Farmington | 0.37% | 0.49% | 0.62% | 0.81% | 1.07% |
| Fayetteville | 0.38% | 0.52% | 0.66% | 0.80% | 0.98% |
| Gentry | 0.37% | 0.43% | 0.47% | 0.67% | 0.75% |
| Goshen | 0.39% | 0.58% | 0.76% | 0.84% | 1.00% |
| Greenland | 0.28% | 0.40% | 0.57% | 0.66% | 0.73% |
| Hindsville | 0.18% | 0.31% | 0.49% | 0.65% | 0.78% |
| Johnson | 0.60% | 0.68% | 0.77% | 0.90% | 1.14% |
| Lincoln | 0.20% | 0.35% | 0.51% | 0.72% | 0.90% |
| Morrow | 0.31% | 0.39% | 0.66% | 0.71% | 0.81% |
| Natural Dam | 0.20% | 0.22% | 0.48% | 0.78% | 0.91% |
| Prairie Grove | 0.28% | 0.43% | 0.56% | 0.74% | 0.91% |
| Rogers | 0.56% | 0.59% | 0.63% | 0.68% | 0.70% |
| Siloam Springs | 0.14% | 0.29% | 0.46% | 0.70% | 0.78% |
| Springdale | 0.27% | 0.38% | 0.52% | 0.67% | 0.79% |
| Summers | 0.19% | 0.35% | 0.52% | 0.74% | 0.98% |
| Tontitown | 0.44% | 0.55% | 0.63% | 0.85% | 1.01% |
| Wesley | 0.25% | 0.31% | 0.45% | 0.63% | 0.69% |
| West Fork | 0.17% | 0.31% | 0.46% | 0.66% | 0.81% |
| Winslow | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Washington County, Arkansas
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Washington County, AR. 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 Washington 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 Washington 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. Being aware of these valuation processes in Washington County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Tontitown has the highest median tax bill at $2,827, while Natural Dam has the lowest at $371.
Property Tax Assessment Values Across Washington County, Arkansas
Source: Ownwell
$93,250
$320,713
$548,175
Average Washington County Assessed Value
$274,150
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Washington County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Canehill | $28,600 | $49,950 | $117,350 | $185,600 | $266,000 |
| Elkins | $92,370 | $158,650 | $223,950 | $272,050 | $352,520 |
| Elm Springs | $167,550 | $260,650 | $439,625 | $611,475 | $738,575 |
| Evansville | $32,310 | $53,000 | $119,750 | $187,850 | $280,210 |
| Farmington | $166,200 | $217,800 | $291,250 | $360,225 | $498,875 |
| Fayetteville | $166,100 | $226,750 | $312,400 | $447,350 | $648,850 |
| Gentry | $112,070 | $185,300 | $276,150 | $294,150 | $683,700 |
| Goshen | $101,000 | $167,725 | $281,100 | $597,312 | $878,610 |
| Greenland | $61,465 | $109,838 | $217,075 | $312,912 | $411,630 |
| Hindsville | $67,930 | $119,962 | $192,050 | $272,350 | $400,710 |
| Johnson | $168,050 | $168,500 | $289,925 | $314,525 | $348,800 |
| Lincoln | $66,550 | $108,962 | $169,100 | $246,488 | $355,600 |
| Morrow | $21,615 | $79,325 | $140,025 | $206,850 | $268,215 |
| Natural Dam | $50,350 | $84,850 | $93,250 | $126,750 | $163,910 |
| Prairie Grove | $109,480 | $175,800 | $243,900 | $309,200 | $388,330 |
| Rogers | $335,370 | $353,250 | $383,050 | $412,850 | $430,730 |
| Siloam Springs | $81,660 | $165,900 | $231,875 | $342,400 | $412,310 |
| Springdale | $147,050 | $195,100 | $255,275 | $334,200 | $459,875 |
| Summers | $53,820 | $108,575 | $183,600 | $291,100 | $435,810 |
| Tontitown | $248,670 | $333,900 | $422,300 | $485,650 | $691,820 |
| Wesley | $77,030 | $165,912 | $237,050 | $363,962 | $484,975 |
| West Fork | $65,495 | $122,438 | $189,950 | $268,600 | $367,535 |
| Winslow | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Washington County, Arkansas
In Washington County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county uses a standardized assessment rate to determine this value. Several factors contribute to the final tax bill, including the home's location, size, and any applicable exemptions. For instance, the median home price in Washington County is $274,150. Homeowners in Washington County experience a range of property tax bills. The tax bill at the 25th percentile is $972, while at the 75th percentile, it rises to $2,569. At the 90th percentile, it can reach as high as $3,892. Comparatively, Tontitown has the highest median tax bill in the county at $2,827, while Natural Dam boasts the lowest at $371. These variations highlight how location within the county can significantly impact the amount homeowners are required to pay. Understanding these factors can help homeowners better anticipate their property tax obligations.
Average Washington County Tax Bill
$1,659
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Washington County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Canehill | $87 | $242 | $517 | $938 | $1,609 |
| Elkins | $366 | $782 | $1,244 | $1,856 | $2,614 |
| Elm Springs | $819 | $1,381 | $2,659 | $3,988 | $5,035 |
| Evansville | $116 | $250 | $493 | $995 | $1,665 |
| Farmington | $704 | $1,200 | $1,863 | $2,793 | $3,585 |
| Fayetteville | $810 | $1,374 | $2,082 | $3,113 | $4,689 |
| Gentry | $395 | $936 | $1,174 | $2,007 | $3,373 |
| Goshen | $604 | $1,065 | $1,945 | $4,181 | $6,767 |
| Greenland | $366 | $535 | $956 | $1,705 | $3,071 |
| Hindsville | $217 | $482 | $956 | $1,621 | $2,623 |
| Johnson | $1,492 | $1,517 | $1,962 | $2,226 | $3,608 |
| Lincoln | $221 | $478 | $840 | $1,419 | $2,248 |
| Morrow | $303 | $448 | $726 | $1,024 | $1,365 |
| Natural Dam | $171 | $226 | $371 | $852 | $1,046 |
| Prairie Grove | $384 | $829 | $1,382 | $1,982 | $2,870 |
| Rogers | $2,337 | $2,348 | $2,365 | $2,383 | $2,393 |
| Siloam Springs | $173 | $570 | $1,060 | $1,809 | $2,600 |
| Springdale | $494 | $838 | $1,340 | $1,972 | $2,917 |
| Summers | $179 | $439 | $924 | $1,704 | $3,156 |
| Tontitown | $1,271 | $2,128 | $2,827 | $3,609 | $4,544 |
| Wesley | $324 | $485 | $974 | $1,756 | $2,564 |
| West Fork | $175 | $418 | $867 | $1,439 | $2,256 |
| Winslow | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell