Mountain Home, Baxter County, Arkansas Property Taxes
Median Mountain Home, AR effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Mountain Home, AR home value: $144,450
Median annual Mountain Home, AR tax bill: $904, $1,496 lower than the national median property tax bill of $2,400.
How are property taxes in Baxter County calculated?
Property taxes in Mountain Home, 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 Mountain Home’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mountain Home, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mountain Home, Baxter County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.49%
Estimate Property Tax Bill
$714
$663
Property Tax Rates Across Mountain Home, Baxter County, Arkansas
Local government entities determine tax rates, which can vary significantly within a state. Each year, counties calculate their required budget to provide essential services and then divide that by the total value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Although the process involves votes and laws, this is the core of how annual tax rates are set.
Mountain Home in Baxter County, Arkansas, has an effective property tax rate of 0.64%, which is notably lower than the national median property tax rate of 1.02%. This means that residents of Mountain Home enjoy lower property tax bills compared to many areas across the United States. The median property tax bill in Mountain Home is also below the national median of $2,400.
Such a favorable tax environment can be a significant advantage for homeowners in Mountain Home, making it an attractive location for those looking to benefit from lower property taxes while still enjoying the services funded by these 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 Mountain Home Tax Rate
0.49%
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
0.51%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mountain Home, Baxter County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72653 | 0.12% | 0.30% | 0.49% | 0.79% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Mountain Home, Baxter County, Arkansas
When examining property taxes in Mountain Home, 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 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 Mountain Home.
For example, the median home price in Mountain Home is $144,450, with tax bills ranging significantly across the county. 72653 has the highest median home price at $144,450.
Property Tax Assessment Values Across Mountain Home, Baxter County, Arkansas
Source: Ownwell
$67,500
$106,650
$145,800
Median Mountain Home Market Value
$145,800
Median Baxter County Market Value
$138,550
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mountain Home, Baxter County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72653 | $40,060 | $93,950 | $145,800 | $212,400 | $310,860 |
Source: Ownwell
Property Tax Bills Across Mountain Home, Baxter County, Arkansas
Median Mountain Home Tax Bill
$676
Median Baxter County Tax Bill
$656
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Mountain Home, Baxter County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72653 | $89 | $309 | $676 | $1,206 | $1,952 |
Source: Ownwell