Crocketts Bluff, Arkansas County, Arkansas Property Taxes
Median Crocketts Bluff, AR effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Crocketts Bluff, AR home value: $58,915
Median annual Crocketts Bluff, AR tax bill: $401, $1,999 lower than the national median property tax bill of $2,400.
How are property taxes in Arkansas County calculated?
Property taxes in Crocketts Bluff, AR 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 Crocketts Bluff’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Crocketts Bluff, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Crocketts Bluff, Arkansas County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$471
$437
Property Tax Rates Across Crocketts Bluff, Arkansas County, Arkansas
Local government entities determine tax rates, which can vary significantly within a state. Each year, counties estimate the budget necessary to provide essential services and divide this amount by the total value of all taxable property within their borders. This calculation results in the property tax rate. While votes and legislation play roles in determining tax rates and budgets, this is the basic annual process.
In CROCKETTS BLUFF, located in Arkansas County, the effective property tax rate is a reflection of this procedure. When compared to other cities in Arkansas and the national median, CROCKETTS BLUFF's rate provides a unique perspective on local tax obligations. The national median property tax rate is 1.02%, with a typical bill of $2400. By understanding how CROCKETTS BLUFF's rate compares to these figures, property owners can gain insights into their tax liabilities and potential savings. This comparison is essential for property owners looking to make informed financial decisions.
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 Crocketts Bluff Tax Rate
0.80%
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 Crocketts Bluff, Arkansas County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72038 | 0.31% | 0.55% | 0.80% | 0.90% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Crocketts Bluff, Arkansas County, Arkansas
When examining property taxes in Crocketts Bluff, 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.
In Arkansas County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Crocketts Bluff.
For example, the median home price in Crocketts Bluff is $58,915, with tax bills ranging significantly across the county. Zip code 72038 has the highest median home price at $58,915.
Property Tax Assessment Values Across Crocketts Bluff, Arkansas County, Arkansas
Source: Ownwell
$34,750
$65,623
$96,495
Median Crocketts Bluff Market Value
$58,915
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 Crocketts Bluff, Arkansas County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72038 | $4,580 | $23,578 | $58,915 | $101,738 | $161,442 |
Source: Ownwell
Property Tax Bills Across Crocketts Bluff, Arkansas County, Arkansas
Median Crocketts Bluff Tax Bill
$401
Median Arkansas County Tax Bill
$414
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Crocketts Bluff, Arkansas County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72038 | $57 | $147 | $401 | $684 | $1,366 |
Source: Ownwell