Almyra, Arkansas County, Arkansas Property Taxes
Property Taxes in Almyra, Arkansas
Median Almyra, Arkansas effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Almyra, Arkansas home value: $95,700
Median annual Almyra, Arkansas tax bill: $646, $1,754 lower than the national median property tax bill of $2,400.
How are property taxes in Arkansas calculated?
Property taxes in Almyra, Arkansas 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 Almyra's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Almyra, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Almyra, Arkansas County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$689
$639
How Does the Almyra Property Tax Calculator Work?
Use this Almyra property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Almyra's median effective tax rate of 0.72% — based on actual property records in Arkansas County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Almyra's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Almyra: rates range from 0.72% in 72003 to 0.72% in 72003, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Almyra.
About Almyra Property Taxes
About Property Taxes in Almyra, Arkansas, Arkansas
Almyra’s median effective property tax rate of 0.72% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Arkansas County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Almyra. Homeowners in the 72003 ZIP code carry a median effective rate of 0.72%, while those in the same ZIP also pay 0.72%. This reflects how school district boundaries and local assessment districts are drawn across Arkansas County. Understanding which part of Almyra you live in can make a meaningful difference to your annual tax bill.
Almyra homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 17, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Almyra, Arkansas County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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.
Below, you can compare Almyra's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
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 AlmyraTax Rate
0.72%
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 ArkansasCounty Tax Rate
0.84%
Median Effective ArkansasTax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Almyra, Arkansas County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72003 | 0.12% | 0.39% | 0.72% | 0.95% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Almyra, Arkansas County, Arkansas
When examining property taxes in Almyra, Arkansas, 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 Arkansas County appraisal district 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 Arkansas County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Almyra.
For example, the median home price in Almyra is $95,700, with tax bills ranging significantly across the county. 72003 has the highest median home price at $95,700.
Property Tax Assessment Values Across Almyra, Arkansas County, Arkansas
Source: Ownwell
$31,002
$63,351
$95,700
Median Almyra Market Value
$95,700
Median Arkansas County Market Value
$71,695
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Almyra, Arkansas County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72003 | $11,169 | $45,178 | $95,700 | $193,358 | $349,844 |
Source: Ownwell
Property Tax Bills Across Almyra, Arkansas County, Arkansas
Property tax bills in Almyra are based on the assessed value of a home, not its market price. Local tax rates are then applied to that assessed value to determine the amount owed each year. Factors such as the home’s size, location, condition, and any applicable exemptions can influence the final bill.
With a median home price of $95,700, property taxes can still vary widely from one homeowner to another. In this area, the 25th percentile tax bill is $209, while the 75th percentile tax bill is $1,604 and the 90th percentile reaches $3,409. The median tax bill in ZIP code 72003 is $646.00.
For homeowners, that means a tax bill can be a manageable annual expense or a significant cost depending on how the property is assessed. Understanding how the bill is calculated helps homeowners better anticipate what they may owe and why similar homes can face different property tax amounts.
Median Almyra Tax Bill
$646
Median Arkansas County Tax Bill
$478
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Almyra, Arkansas County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72003 | $58 | $209 | $646 | $1,604 | $3,409 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Arkansas Tax Assessor | |
| Website | www.arcountydata.com |