Parkdale, Ashley County, Arkansas Property Taxes
Median Parkdale, AR effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Parkdale, AR home value: $27,350
Median annual Parkdale, AR tax bill: $177, $2,223 lower than the national median property tax bill of $2,400.
How are property taxes in Ashley County calculated?
Property taxes in Parkdale, 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 Parkdale’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Parkdale, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Parkdale, Ashley County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$202
$188
Property Tax Rates Across Parkdale, Ashley County, Arkansas
Local government entities determine tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their 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 Parkdale’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S. Parkdale, located in Ashley County, has a median property tax rate of 0.74%, which is below the national median of 1.02%. This lower rate can be attributed to the county’s budgetary needs and the total assessed value of properties. For property owners in Parkdale, this means a more affordable property tax bill compared to the national median of $2,400. Understanding these rates can help homeowners make informed decisions about property investments and potential savings through property tax appeals and exemptions.
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 Parkdale Tax Rate
0.74%
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 Ashley County Tax Rate
0.60%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Parkdale, Ashley County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71661 | 0.19% | 0.56% | 0.74% | 0.93% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Parkdale, Ashley County, Arkansas
When examining property taxes in Parkdale, 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 Ashley 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 Ashley 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 Parkdale.
For example, the median home price in Parkdale is $27,350, with tax bills ranging significantly across the county. Zip code 71661 has the highest median home price at $27,350.
Property Tax Assessment Values Across Parkdale, Ashley County, Arkansas
Source: Ownwell
$27,350
$44,100
$60,850
Median Parkdale Market Value
$27,350
Median Ashley County Market Value
$56,000
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Parkdale, Ashley County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71661 | $4,150 | $14,000 | $27,350 | $54,300 | $90,250 |
Source: Ownwell
Property Tax Bills Across Parkdale, Ashley County, Arkansas
Median Parkdale Tax Bill
$177
Median Ashley County Tax Bill
$300
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Parkdale, Ashley County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71661 | $29 | $59 | $177 | $349 | $800 |
Source: Ownwell