Henderson, Baxter County, Arkansas Property Taxes
Median Henderson, Arkansas 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 Henderson, Arkansas home value: $89,400
Median annual Henderson, Arkansas tax bill: $635, $1,765 lower than the national median property tax bill of $2,400.
How are property taxes in Baxter calculated?
Property taxes in Henderson, Arkansas 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 Henderson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Henderson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Henderson, Baxter County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$662
$614
Property Tax Rates Across Henderson, Baxter County, Arkansas
Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget needed to provide essential services and divides that by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While laws and votes play a role in setting these rates and budgets, this is the core annual process.
In Henderson, located in Baxter County, Arkansas, the effective property tax rate is a key consideration for property owners. When comparing Henderson’s rate to other cities in Arkansas, it’s important to note how it aligns with statewide and national figures. The median property tax rate in Arkansas is below the national median of 1.02%, reflecting a generally lower property tax burden in the state. Understanding these rates can help property owners make informed decisions about appealing their property taxes or seeking exemptions. By staying informed about local tax rates and how they compare to broader trends, property owners can better navigate the complexities of property taxation.
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 Henderson 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 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 Henderson, Baxter County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72544 | 0.53% | 0.64% | 0.74% | 0.81% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Henderson, Baxter County, Arkansas
When examining property taxes in Henderson, 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 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 Henderson. For example, the median home price in Henderson is $89,400, with tax bills ranging significantly across the county. Zip code 72544 has the highest median home price at $89,400.
Property Tax Assessment Values Across Henderson, Baxter County, Arkansas
Source: Ownwell
$50,600
$102,075
$153,550
Median Henderson Market Value
$89,400
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 Henderson, Baxter County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72544 | $18,775 | $45,612 | $89,400 | $166,238 | $273,950 |
Source: Ownwell
Property Tax Bills Across Henderson, Baxter County, Arkansas
In Henderson, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area stands at $89,400, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $324, while the 90th percentile tax bill reaches $1,967. This variation is influenced by factors such as property size, location, and any applicable exemptions. Compared to the national median property tax bill of $2,400, Henderson's tax bills are generally lower, providing some relief to homeowners. However, the burden can still be significant, especially for those at the higher end of the spectrum.
Ownwell offers a solution by helping homeowners appeal their property tax assessments, potentially reducing their tax bills. With expert knowledge and a proven track record, Ownwell can identify discrepancies in assessments and secure savings for homeowners. By leveraging Ownwell's services, homeowners can ensure they are not overpaying and can enjoy greater financial flexibility.
Median Henderson Tax Bill
$635
Median Baxter County Tax Bill
$862
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Henderson, Baxter County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72544 | $145 | $324 | $635 | $1,160 | $1,967 |
Source: Ownwell