Calico Rock, Baxter County, Arkansas Property Taxes
Median Calico Rock, AR effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%. Median Calico Rock, AR home value: $110,725. Median annual Calico Rock, AR tax bill: $696, $1,704 lower than the national median property tax bill of $2,400.
How are property taxes in Baxter calculated?
Property taxes in Calico Rock, 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 Calico Rock’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Calico Rock, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Calico Rock, Baxter County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$775
$719
Property Tax Rates Across Calico Rock, Baxter County, Arkansas
Local government entities set tax rates, and these can vary significantly within Arkansas. Each county estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the basic annual process.
In Calico Rock, located in Baxter County, the effective property tax rate is 0.70%. This rate is the same as the highest and lowest median tax rates within the region, indicating a uniformity in property taxation across the area. Compared to the national median property tax rate of 1.02%, Calico Rock's rate is considerably lower, offering potential tax benefits to property owners.
Additionally, the national median property tax bill stands at $2,400, suggesting that residents in Calico Rock may experience a lighter tax burden relative to many other parts of the country. This lower rate can make the region an attractive destination for homeowners seeking affordability in property taxes.
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 Calico Rock Tax Rate
0.70%
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 Baxter County Tax Rate
0.65%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Calico Rock, Baxter County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72519 | 0.42% | 0.55% | 0.70% | 0.85% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Calico Rock, Baxter County, Arkansas
When examining property taxes in Calico Rock, 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 Baxter 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 Baxter County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Calico Rock. For example, the median home price in Calico Rock is $110,725, with tax bills ranging significantly across the county. ZIP code 72519 has the highest median home price at $110,725.
Property Tax Assessment Values Across Calico Rock, Baxter County, Arkansas
Source: Ownwell
$50,600
$102,075
$153,550
Median Calico Rock Market Value
$110,725
Median Baxter County Market Value
$137,150
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Calico Rock, Baxter County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72519 | $19,330 | $56,500 | $110,725 | $219,788 | $344,415 |
Source: Ownwell
Property Tax Bills Across Calico Rock, Baxter County, Arkansas
In Calico Rock, located in Baxter County, AR, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the property's market value, which is determined by the local assessor's office. Homeowners in Calico Rock can expect property tax bills to vary significantly. The 25th percentile tax bill is approximately $343, while the 75th percentile tax bill reaches around $1,538, and the 90th percentile tax bill can go up to $2,475. The median property tax bill in Calico Rock stands at $696, which is notably below the national median property tax bill of $2,400, and the property tax rate is also lower than the national median rate of 1.02%.
These property taxes can have a substantial impact on homeowners' annual expenses. Ownwell assists homeowners by providing property tax appeal services, potentially lowering the assessed value and, consequently, the tax bill. By leveraging expertise in local property tax regulations, Ownwell helps homeowners save money and reduce their financial burden.
Median Calico Rock Tax Bill
$696
Median Baxter County Tax Bill
$862
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Calico Rock, Baxter County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72519 | $153 | $343 | $696 | $1,538 | $2,475 |
Source: Ownwell