Hindsville, Benton County, Arkansas Property Taxes
Median Hindsville, AR effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Hindsville, AR home value: $139,000
Median annual Hindsville, AR tax bill: $1,240, $1,160 lower than the national median property tax bill of $2,400.
How are property taxes in Benton calculated?
Property taxes in Hindsville, 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 Hindsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hindsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hindsville, Benton County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.86%
Estimate Property Tax Bill
$1,195
$1,109
Property Tax Rates Across Hindsville, Benton County, Arkansas
Local government entities are responsible for setting property tax rates, which can vary significantly across different regions within a state. This variation is primarily due to each county's need to estimate its annual budget for providing essential services. The budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. While the process involves votes and legal considerations, this annual calculation is at the heart of determining property tax rates.
In Hindsville, located in Madison County, Arkansas, the effective property tax rate is a point of interest for property owners. When comparing Hindsville's property tax rate to other cities in Arkansas, it's important to consider the state's median property tax rate of 0.61%, which is notably lower than the national median of 1.02%. This makes Arkansas a relatively affordable state in terms of property taxes. However, within the state, rates can still vary significantly depending on the specific county and city. Understanding these differences can be crucial for homeowners looking to manage their property tax liabilities effectively.
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 Hindsville Tax Rate
0.86%
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 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 Hindsville, Benton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72738 | 0.54% | 0.70% | 0.86% | 0.96% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Hindsville, Benton County, Arkansas
When examining property taxes in Hindsville, 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 Hindsville. For example, the median home price in Hindsville is $139,000, with tax bills ranging significantly across the county. Zip code 72738 has the highest median home price at $139,000.
Property Tax Assessment Values Across Hindsville, Benton County, Arkansas
Source: Ownwell
$89,882
$249,991
$410,100
Median Hindsville Market Value
$139,000
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 Hindsville, Benton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72738 | $42,420 | $84,625 | $139,000 | $246,500 | $330,880 |
Source: Ownwell
Property Tax Bills Across Hindsville, Benton County, Arkansas
Median Hindsville Tax Bill
$1,240
Median Benton County Tax Bill
$2,090
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Hindsville, Benton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72738 | $339 | $614 | $1,240 | $1,867 | $2,462 |
Source: Ownwell