Ethel, Arkansas County, Arkansas Property Taxes
Median Ethel, AR effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Ethel, AR home value: $53,940
Median annual Ethel, AR tax bill: $299, $2,101 lower than the national median property tax bill of $2,400.
How are property taxes in Arkansas calculated?
Property taxes in Ethel, 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 Ethel’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ethel, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ethel, Arkansas County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.64%
Estimate Property Tax Bill
$345
$320
Property Tax Rates Across Ethel, Arkansas County, Arkansas
Local government entities are responsible for setting tax rates, leading to significant variations within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Ethel, located in Arkansas County, Arkansas, the effective property tax rate is a point of interest. When compared to other cities in Arkansas and the national median, Ethel's rate provides insight into local tax burdens. With the national median property tax rate at 1.02%, Ethel's rate is notably lower. This comparison highlights the relatively modest property tax obligations in Ethel, contrasting with the national landscape. Understanding these differences can be crucial for property owners and potential buyers, as property taxes directly affect overall affordability and long-term financial planning.
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 Ethel Tax Rate
0.64%
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 Ethel, Arkansas County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72048 | 0.16% | 0.35% | 0.64% | 0.89% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Ethel, Arkansas County, Arkansas
When examining property taxes in Ethel, 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 March. 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 Ethel.
For example, the median home price in Ethel is $53,940, with tax bills ranging significantly across the county. Zip code 72048 has the highest median home price at $53,940.
Property Tax Assessment Values Across Ethel, Arkansas County, Arkansas
Source: Ownwell
$34,750
$65,623
$96,495
Median Ethel Market Value
$53,940
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 Ethel, Arkansas County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72048 | $11,664 | $26,292 | $53,940 | $108,320 | $156,708 |
Source: Ownwell
Property Tax Bills Across Ethel, Arkansas County, Arkansas
Median Ethel Tax Bill
$299
Median Arkansas County Tax Bill
$414
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Ethel, Arkansas County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72048 | $62 | $138 | $299 | $559 | $884 |
Source: Ownwell