Altheimer, Arkansas County, Arkansas Property Taxes
Median Altheimer, Arkansas effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Altheimer, Arkansas home value: $89,672
Median annual Altheimer, Arkansas tax bill: $700, $1,700 lower than the national median property tax bill of $2,400.
How are property taxes in Arkansas County calculated?
Property taxes in Altheimer, 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 Altheimer’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Altheimer, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Altheimer, Arkansas County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.79%
Estimate Property Tax Bill
$708
$657
Property Tax Rates Across Altheimer, Arkansas County, Arkansas
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 Altheimer Tax Rate
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 Arkansas County Tax Rate
0.67%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Altheimer, Arkansas County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72004 | 0.56% | 0.68% | 0.79% | 0.83% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Altheimer, Arkansas County, Arkansas
Property Tax Assessment Values Across Altheimer, Arkansas County, Arkansas
Source: Ownwell
$34,750
$65,623
$96,495
Median Altheimer Market Value
$89,672
Median Arkansas County Market Value
$70,958
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Altheimer, Arkansas County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72004 | $27,893 | $44,986 | $89,672 | $119,195 | $152,740 |
Source: Ownwell
Property Tax Bills Across Altheimer, Arkansas County, Arkansas
In Altheimer, located in Arkansas 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 this area is $89,672. The tax bill reflects a combination of the local tax rate and the assessed value, resulting in a typical range from $355 to $1,159. The median tax bill is notably lower than the national median of $2,400, providing some relief to homeowners. However, even within this range, there can be a significant impact on household budgets, especially for those at the higher end of the tax bill spectrum.
Ownwell assists homeowners by offering property tax appeal and exemption services. By leveraging local expertise and understanding of the tax assessment process, Ownwell can help identify discrepancies or opportunities for exemptions, potentially reducing the financial burden on homeowners. This service ensures that property owners pay only their fair share, aligning with their property's true assessed value.
Median Altheimer Tax Bill
$700
Median Arkansas County Tax Bill
$414
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Altheimer, Arkansas County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72004 | $170 | $355 | $700 | $899 | $1,159 |
Source: Ownwell