Lead Hill, Boone County, Arkansas Property Taxes

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

Median Lead Hill, AR effective property tax rate: 0.89%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Lead Hill, AR home value: $70,200
Median annual Lead Hill, AR tax bill: $636, $1,764 lower than the national median property tax bill of $2,400.

How are property taxes in Boone County calculated?

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

Last Updated March 1, 2025

Lead Hill, Boone County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$625

$580

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

Property Tax Rates Across Lead Hill, Boone County, Arkansas

Local government entities determine tax rates, which can vary significantly within a state. Every year, counties calculate the necessary budget to fund services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is essentially the annual process. In Lead Hill, Boone County, Arkansas, the effective property tax rate is a reflection of this procedure. When comparing Lead Hill’s effective property tax rate to other cities in Arkansas, as well as the state and national medians, it becomes evident how local factors influence tax rates. The median property tax rate in Arkansas is lower than the national median, showcasing how state-specific factors can impact property tax obligations. Understanding these variations can help property owners better navigate their property tax responsibilities and potentially identify opportunities for appeals or exemptions.

Property Tax Rates Across Lead Hill, Boone County, Arkansas

Source: Ownwell

0.78%

0.84%

0.91%

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 Lead Hill Tax Rate

0.89%

Median Effective Boone County Tax Rate

0.89%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lead Hill, Boone County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72644	0.74%	0.89%	0.89%	0.99%	0.99%

Source: Ownwell

Property Tax Assessment Values Across Lead Hill, Boone County, Arkansas

When examining property taxes in Lead Hill, 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 Boone 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.

In Boone 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 Lead Hill. For example, the median home price in Lead Hill is $70,200, with tax bills ranging significantly across the county. Zip code 72644 has the highest median home price at $70,200.

Property Tax Assessment Values Across Lead Hill, Boone County, Arkansas

Source: Ownwell

$70,200

$97,650

$125,100

Median Lead Hill Market Value

$70,200

Median Boone County Market Value

$102,750

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lead Hill, Boone County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72644	$13,720	$37,350	$70,200	$111,950	$177,810

Source: Ownwell

Property Tax Bills Across Lead Hill, Boone County, Arkansas

In Lead Hill, property tax bills are calculated using the assessed value of a home, which is typically a percentage of its market value. The median home price in this area is $70,200, and the property tax rate is applied to this assessed value to determine the tax bill. Homeowners in Boone County experience a range of tax bills, with the 25th percentile at $348, and the 75th percentile reaching $1,004. The highest median tax bill in the area is $636, significantly lower than the national median property tax bill of $2,400. Factors such as property improvements or changes in market conditions can affect assessed values and, consequently, tax bills. This can be burdensome for homeowners, especially if they feel their property is over-assessed. Ownwell offers a solution by providing property tax appeal services, potentially lowering tax bills. By analyzing local market data and advocating on behalf of homeowners, Ownwell helps ensure that property taxes are fair and affordable.

Property Tax Bills Across Lead Hill, Boone County, Arkansas

Source: Ownwell

$551

$807

$1,062

Median Lead Hill Tax Bill

$636

Median Boone County Tax Bill

$870

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Lead Hill, Boone County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72644	$136	$348	$636	$1,004	$1,560

Source: Ownwell