Hot Springs National Park, Baxter County, Arkansas Property Taxes
Median Hot Springs National Park, AR effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Hot Springs National Park, AR home value: $20,000
Median annual Hot Springs National Park, AR tax bill: $170, $2,230 lower than the national median property tax bill of $2,400.
How are property taxes in Baxter calculated?
Property taxes in Hot Springs National Park, 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 Hot Springs National Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hot Springs National Park, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hot Springs National Park, Baxter County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.85%
Estimate Property Tax Bill
$170
$158
Property Tax Rates Across Hot Springs National Park, Baxter County, Arkansas
Local government entities in Arkansas, like those in other states, set property tax rates that can differ significantly across the state. The process involves each county estimating its budget needs for public services annually and dividing this by the total value of all taxable properties in its area. This calculation determines the property tax rate. While setting these rates and budgets involves votes and legislative measures, the core process remains the same each year.
In Hot Springs National Park in Garland County, the effective property tax rate can be compared to other cities in Arkansas, as well as the median rates in the state and across the United States. Arkansas has a median property tax rate of 0.61%, which is lower than the national median of 1.02%. This means that property owners in Hot Springs National Park may benefit from lower property tax rates compared to many other parts of the country. Understanding these rates can help property owners make informed decisions and potentially save on their property taxes.
Property Tax Rates Across Hot Springs National Park, 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 Hot Springs National Park Tax Rate
0.85%
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 Hot Springs National Park, Baxter County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
71901 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Hot Springs National Park, Baxter County, Arkansas
When examining property taxes in Hot Springs National Park, 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 Hot Springs National Park. For example, the median home price in Hot Springs National Park is $20,000, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Hot Springs National Park, Baxter County, Arkansas
Source: Ownwell

$50,600
$102,075
$153,550
Median Hot Springs National Park Market Value
$20,000
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 Hot Springs National Park, Baxter County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
71901 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Hot Springs National Park, Baxter County, Arkansas
Property Tax Bills Across Hot Springs National Park, Baxter County, Arkansas
Source: Ownwell

$290
$653
$1,016
Median Hot Springs National Park Tax Bill
$170
Median Baxter County Tax Bill
$862
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Hot Springs National Park, Baxter County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
71901 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell