Harriet, Baxter County, Arkansas Property Taxes

Name: Property Tax Bills Across Harriet, Baxter County, Arkansas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Harriet, AR effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Harriet, AR home value: $62,525
Median annual Harriet, AR tax bill: $512, $1,888 lower than the national median property tax bill of $2,400.

How are property taxes in Baxter County calculated?

Property taxes in Harriet, 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 Harriet’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Harriet, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Harriet, Baxter County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.82%

Estimate Property Tax Bill

$513

$476

Ownwell’s Harriet Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Harriet with just two data points. By entering your property's estimated assessed value, our calculator applies Harriet’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Baxter County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Harriet, Baxter County, Arkansas

Local government entities set tax rates, which can vary widely within a state. This variation is due to the annual process where each county estimates its required budget to provide necessary services and divides that by the total value of all taxable property within its 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. In Harriet, located in Searcy County, Arkansas, the effective property tax rate is a reflection of this process. When compared to other cities within Arkansas, Harriet's property tax rate is notably different. Arkansas has a median property tax rate that is below the national median, making it an attractive state for property owners. The median property tax rate in Arkansas is lower than the national median, which can result in lower annual property tax bills for homeowners. This can be a significant factor for those considering purchasing property in Harriet or other parts of the state. Understanding these rates can help property owners make informed decisions about their investments.

Property Tax Rates Across Harriet, Baxter County, Arkansas

Source: Ownwell

0.62%

0.81%

0.99%

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 Harriet Tax Rate

0.82%

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 Harriet, Baxter County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72639	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Harriet, Baxter County, Arkansas

When examining property taxes in Harriet, 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 Assessor's Office 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 Harriet. For example, the median home price in Harriet is $62,525, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Harriet, Baxter County, Arkansas

Source: Ownwell

$50,600

$102,075

$153,550

Median Harriet Market Value

$62,525

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 Harriet, Baxter County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72639	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Harriet, Baxter County, Arkansas

In Harriet, the property tax bill is determined by multiplying the assessed value of the property by the local tax rate. The assessed value is typically a percentage of the property's market value. In Baxter County, where Harriet is located, the median home price is $62,525, which is significantly lower than the national median. Despite this, property tax bills can vary. For instance, the 25th percentile tax bill is $509, while the 75th percentile is $514, and the 90th percentile is $515. These figures suggest that even slight variations in property assessments or tax rates can significantly impact the tax bill.

For homeowners, these tax bills can be a considerable expense. However, Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing your property's assessment and comparing it to similar properties, Ownwell can identify discrepancies and help you appeal for a reduction. This service can lead to substantial savings on your property tax bill, ensuring you only pay what is fair and accurate.

Property Tax Bills Across Harriet, Baxter County, Arkansas

Source: Ownwell

$290

$653

$1,016

Median Harriet Tax Bill

$512

Median Baxter County Tax Bill

$862

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Harriet, Baxter County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72639	N/A	N/A	N/A	N/A	N/A

Source: Ownwell