New Edinburg, Bradley County, Arkansas Property Taxes
Median New Edinburg, AR effective property tax rate: 0.92%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median New Edinburg, AR home value: $45,150
Median annual New Edinburg, AR tax bill: $416, $1,984 lower than the national median property tax bill of $2,400.
How are property taxes in Bradley County calculated?
Property taxes in New Edinburg, 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 New Edinburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Edinburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Edinburg, Bradley County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$415
$385
Property Tax Rates Across New Edinburg, Bradley County, Arkansas
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 New Edinburg Tax Rate
0.92%
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 Bradley County Tax Rate
1.00%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Edinburg, Bradley County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71660 | 0.86% | 0.91% | 0.92% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across New Edinburg, Bradley County, Arkansas
When examining property taxes in New Edinburg, 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 Bradley County Assessor 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 Bradley 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 New Edinburg.
For example, the median home price in New Edinburg is $45,150, with tax bills ranging significantly across the county. ZIP code 71660 has the highest median home price at $45,150.
Property Tax Assessment Values Across New Edinburg, Bradley County, Arkansas
Source: Ownwell
$26,350
$35,750
$45,150
Median New Edinburg Market Value
$45,150
Median Bradley County Market Value
$39,800
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Edinburg, Bradley County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71660 | $15,370 | $35,730 | $45,150 | $53,900 | $101,160 |
Source: Ownwell
Property Tax Bills Across New Edinburg, Bradley County, Arkansas
In New Edinburg, located in Bradley County, AR, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the market value of the property. Homeowners in New Edinburg face a median property tax bill of $416, which is significantly lower than the national median of $2,400. The local tax rate and assessed value are critical factors influencing the overall tax bill. For many, the tax bill can range from $342 at the 25th percentile to $947 at the 90th percentile, reflecting variations in property values and individual assessments.
High property taxes can be a financial burden for homeowners. This is where Ownwell steps in, offering services to appeal and potentially lower property tax assessments. By analyzing property data and challenging inaccuracies in assessments, Ownwell can help homeowners reduce their tax bills, ensuring they pay only their fair share. With expertise in property tax appeals, Ownwell is dedicated to maximizing savings for homeowners in New Edinburg.
Median New Edinburg Tax Bill
$416
Median Bradley County Tax Bill
$393
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across New Edinburg, Bradley County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71660 | $197 | $342 | $416 | $510 | $947 |
Source: Ownwell