Gentry, Benton County, Arkansas Property Taxes

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

Median Gentry, AR effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Gentry, AR home value: $161,700
Median annual Gentry, AR tax bill: $1,497, $903 lower than the national median property tax bill of $2,400.

How are property taxes in Benton calculated?

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

Last Updated March 1, 2025

Gentry, Benton County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$1,536

$1,426

Ownwell’s Gentry Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gentry with just two data points. By entering your property's estimated assessed value, our calculator applies Gentry’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 Benton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gentry, Benton County, Arkansas

Local government entities set tax rates, which can vary widely within a state. 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 Gentry’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S. Gentry, located in Benton County, has an effective property tax rate that aligns with the highest and lowest median tax rates in the area, both being the same. This is slightly below the national median property tax rate. The median property tax rate in Arkansas also reflects this trend, showcasing a more favorable tax environment compared to the national average. Such insights can help property owners in Gentry and across Arkansas make informed decisions about property investments and financial planning.

Property Tax Rates Across Gentry, Benton County, Arkansas

Source: Ownwell

0.67%

0.95%

1.23%

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 Gentry Tax Rate

0.95%

Median Effective Benton County Tax Rate

1.00%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gentry, Benton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72734	0.68%	0.81%	0.95%	1.07%	1.11%

Source: Ownwell

Property Tax Assessment Values Across Gentry, Benton County, Arkansas

When examining property taxes in Gentry, 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 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 Benton 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 Gentry. For example, the median home price in Gentry is $161,700, with tax bills ranging significantly across the county. Zip code 72734 has the highest median home price at $161,700.

Property Tax Assessment Values Across Gentry, Benton County, Arkansas

Source: Ownwell

$89,882

$249,991

$410,100

Median Gentry Market Value

$161,700

Median Benton County Market Value

$211,150

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gentry, Benton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72734	$60,070	$105,412	$161,700	$212,838	$300,560

Source: Ownwell

Property Tax Bills Across Gentry, Benton County, Arkansas

In Gentry, located in Benton County, Arkansas, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. With a median home price of $161,700, property taxes can vary significantly. For instance, while the 25th percentile tax bill is $877, the 75th percentile reaches $2,061, and the 90th percentile goes up to $2,779. This variation highlights how crucial it is for homeowners to ensure their property assessments are accurate. The median property tax bill in Gentry stands at $1,497, which is below the national median of $2,400, offering some relief to homeowners. However, even with lower tax bills, inaccuracies in assessments can lead to overpaying. Ownwell offers property tax appeal and exemption services that can help homeowners in Gentry potentially reduce their tax bills. By reviewing assessments and identifying discrepancies, Ownwell ensures homeowners pay only their fair share, optimizing savings and providing peace of mind.

Property Tax Bills Across Gentry, Benton County, Arkansas

Source: Ownwell

$702

$2,427

$4,151

Median Gentry Tax Bill

$1,497

Median Benton County Tax Bill

$2,090

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Gentry, Benton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72734	$495	$877	$1,497	$2,061	$2,779

Source: Ownwell