Siloam Springs, Benton County, Arkansas Property Taxes
Property Taxes in Siloam Springs, Arkansas
Median Siloam Springs, Arkansas effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Siloam Springs, Arkansas home value: $229,178
Median annual Siloam Springs, Arkansas tax bill: $1,709, $691 lower than the national median property tax bill of $2,400.
How are property taxes in Benton calculated?
Property taxes in Siloam Springs, 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 Siloam Springs's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Siloam Springs, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Siloam Springs, Benton County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$1,788
$1,659
How Does the Siloam Springs Property Tax Calculator Work?
Use this Siloam Springs property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Siloam Springs' median effective tax rate of 0.78% — based on actual property records in Benton County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Siloam Springs' median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Siloam Springs: rates range from 0.78% in 72761 to 0.78% in 72761, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Siloam Springs.
About Siloam Springs Property Taxes
About Property Taxes in Siloam Springs, Benton, Arkansas
Siloam Springs’s median effective property tax rate of 0.78% is lower 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 Siloam Springs. Homeowners in the 72761 ZIP code carry a median effective rate of 0.78%, while those in the lowest ZIP code pay 0.78%. This spread reflects how school district boundaries and local assessment districts are drawn across Benton County. Understanding which part of Siloam Springs you live in can make a meaningful difference to your annual tax bill.
Siloam Springs 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 Siloam Springs, 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 Siloam Springs'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 ÷ 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 Siloam Springs Tax Rate
0.78%
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
0.73%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Siloam Springs, Benton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72761 | 0.51% | 0.64% | 0.78% | 0.90% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Siloam Springs, Benton County, Arkansas
When examining property taxes in Siloam Springs, 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 Siloam Springs.
For example, the median home price in Siloam Springs is $229,178, with tax bills ranging significantly across the county. 72761 has the highest median home price at $229,178.
Property Tax Assessment Values Across Siloam Springs, Benton County, Arkansas
Source: Ownwell
$14,755
$310,510
$606,265
Median Siloam Springs Market Value
$229,178
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 Siloam Springs, Benton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72761 | $55,500 | $160,090 | $229,178 | $305,814 | $431,390 |
Source: Ownwell
Property Tax Bills Across Siloam Springs, Benton County, Arkansas
Property tax bills in Siloam Springs are based on the assessed value of a home, not its market price alone. Local taxing authorities apply the property tax rate to that assessed value to determine the annual bill, so changes in assessment can directly affect what homeowners owe.
For a home with a median value of $229,178, the bill can vary depending on exemptions, local rates, and how the property is classified. In Benton County, the median property tax bill is $1,709, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
Homeowners with bills near the 25th percentile of $1,081 may pay less because of lower assessments or available exemptions, while those near the 75th percentile of $2,441 or the 90th percentile of $3,236 may face higher costs. Understanding how the bill is calculated can help homeowners see why their taxes change and whether their assessment reflects the true value of their property.
Median Siloam Springs Tax Bill
$1,709
Median Benton County Tax Bill
$2,203
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Siloam Springs, Benton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72761 | $507 | $1,081 | $1,709 | $2,441 | $3,236 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Benton Tax Assessor | |
| Website | www.arcountydata.com |