Fordyce, Calhoun County, Arkansas Property Taxes

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

Median Fordyce, 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 Fordyce, AR home value: $35,700
Median annual Fordyce, AR tax bill: $327, $2,073 lower than the national median property tax bill of $2,400.

How are property taxes in Calhoun County calculated?

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

Last Updated March 1, 2025

Fordyce, Calhoun County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$307

$285

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

Property Tax Rates Across Fordyce, Calhoun County, Arkansas

Local government entities set tax rates, which can vary widely within a state. 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 votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process. Fordyce in Calhoun County, AR, has a property tax rate that stands at 0.86%, which is notably lower than the national median property tax rate of 1.02%. This makes Fordyce an attractive option for property owners seeking lower tax burdens. The median tax rate in the state is also 0.86%, reinforcing the affordability of property ownership in this region. When compared to the national median property tax bill of $2400, property owners in Fordyce may find their annual expenses to be more manageable. This beneficial tax environment could be a significant factor for prospective homeowners or investors considering properties in Fordyce.

Property Tax Rates Across Fordyce, Calhoun County, Arkansas

Source: Ownwell

0.86%

0.93%

1.00%

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 Fordyce Tax Rate

0.86%

Median Effective Calhoun County Tax Rate

0.90%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fordyce, Calhoun County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71742	0.86%	0.86%	0.86%	0.94%	0.94%

Source: Ownwell

Property Tax Assessment Values Across Fordyce, Calhoun County, Arkansas

When examining property taxes in Fordyce, 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 Calhoun 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 Calhoun County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Fordyce. For example, the median home price in Fordyce is $35,700, with tax bills ranging significantly across the county. Zip code 71742 has the highest median home price at $35,700.

Property Tax Assessment Values Across Fordyce, Calhoun County, Arkansas

Source: Ownwell

$29,300

$42,038

$54,775

Median Fordyce Market Value

$35,700

Median Calhoun County Market Value

$38,000

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fordyce, Calhoun County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71742	$6,875	$18,100	$35,700	$59,688	$102,100

Source: Ownwell

Property Tax Bills Across Fordyce, Calhoun County, Arkansas

In Fordyce, located in Calhoun County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. With a median home price of $35,700, homeowners in Fordyce generally encounter a median property tax bill of $327. This is significantly lower than the national median property tax bill of $2,400, reflecting the region's lower property values and tax rates. Tax bills in Fordyce can vary, with the 25th percentile at $177 and the 90th percentile reaching $945, indicating a broad range of tax obligations based on property values and exemptions.

For homeowners, these property taxes fund essential services like schools, infrastructure, and emergency services, impacting community quality. However, high tax bills can strain household budgets. Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying potential errors or overlooked exemptions, Ownwell can help homeowners in Fordyce potentially reduce their property tax burdens, ensuring fair taxation and increased savings.

Property Tax Bills Across Fordyce, Calhoun County, Arkansas

Source: Ownwell

$282

$374

$466

Median Fordyce Tax Bill

$327

Median Calhoun County Tax Bill

$351

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Fordyce, Calhoun County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71742	$88	$177	$327	$521	$945

Source: Ownwell