Centerton, Benton County, Arkansas Property Taxes
Property Taxes in Centerton, Arkansas
Median Centerton, Arkansas effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, and higher than the Arkansas state median of 0.81%.
Median Centerton, Arkansas home value: $306,400
Median annual Centerton, Arkansas tax bill: $2,672, $272 higher than the national median property tax bill of $2,400.
How are property taxes in Benton calculated?
Property taxes in Centerton, 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 Centerton's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Centerton, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Centerton, Benton County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$2,666
$2,474
How Does the Centerton Property Tax Calculator Work?
Use this Centerton property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and the calculator applies Centerton’s median effective tax rate of 0.87% — based on actual property records in Benton County — to generate your estimate.
Enter your property’s estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home’s market value. The calculator applies Centerton’s median effective rate across local levies, giving a more accurate estimate than using a single county rate.
Centerton’s median effective tax rate is lower than Arkansas’s 0.81% state median tax rate, while the median property tax bill is $2,672, which is $272 higher than the state median bill. Your bill may vary by ZIP code within Centerton, and in this dataset, 72719 shows the same median bill across the city.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Centerton.
About Centerton Property Taxes
About Property Taxes in Centerton, Benton, Arkansas
Centerton’s median effective property tax rate of 0.87% is higher than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Benton County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Centerton. Homeowners in the 72719 ZIP code carry a median effective rate of 0.87%, while those in 72719 pay 0.87%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Benton County. Understanding which part of Centerton you live in can make a meaningful difference to your annual tax bill.
Centerton homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 17, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Centerton, Benton County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide 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.
Below, you can compare Centerton's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
Our median effective property tax rate (tax bill Ă· 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 CentertonTax Rate
0.87%
Our median effective property tax rate (tax bill Ă· 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 BentonCounty Tax Rate
0.73%
Median Effective ArkansasTax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Centerton, Benton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72719 | 0.67% | 0.78% | 0.87% | 0.92% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Centerton, Benton County, Arkansas
When examining property taxes in Centerton, 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 Benton 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.
Assessment notices:
In Benton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Centerton.
For example, the median home price in Centerton is $306,400, with tax bills ranging significantly across the county. 72719 has the highest median home price at $306,400.
Property Tax Assessment Values Across Centerton, Benton County, Arkansas
Source: Ownwell
$14,755
$310,510
$606,265
Median Centerton Market Value
$306,400
Median Benton County Market Value
$311,065
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Centerton, Benton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72719 | $223,248 | $262,172 | $306,400 | $376,292 | $574,616 |
Source: Ownwell
Property Tax Bills Across Centerton, Benton County, Arkansas
Property tax bills in Centerton are based on the assessed value of a home, not its market listing price. Local taxing authorities apply the property tax rate to that assessed value to determine the annual bill, and factors such as location, local levies, and any exemptions can affect the final amount.
For Centerton homeowners, the median home price is $306,400, and the median property tax bill is $2,672. That is above the national median property tax bill of $2,400, showing that local tax costs can be meaningful even when rates vary by property. Bills in the area also range widely, with the 25th percentile at $2,096 and the 75th percentile at $3,588, while the 90th percentile reaches $5,169.
Because property taxes are tied to assessed value and local budgets, a higher assessment can raise a homeowner’s bill even if the home has not been sold.
Median Centerton Tax Bill
$2,672
Median Benton County Tax Bill
$2,203
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Centerton, Benton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72719 | $1,530 | $2,096 | $2,672 | $3,588 | $5,169 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Benton Tax Assessor | |
| Website | www.arcountydata.com |