Property Taxes in Eureka Springs, Arkansas
Median Eureka Springs, Arkansas effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Eureka Springs, Arkansas home value: $208,050
Median annual Eureka Springs, Arkansas tax bill: $1,292, lower than the national median property tax bill of $2,400.
How are property taxes in Carroll calculated?
Property taxes in Eureka 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 Eureka Springs's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eureka Springs, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Eureka Springs Property Tax Calculator Work?
Use this Eureka Springs property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Eureka Springs' median effective tax rate of 0.71% — based on actual property records in Carroll 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 Eureka 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 Eureka Springs: rates range from $1,213 in 72632 to $1,560 in 72631, 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 Eureka Springs.
About Eureka Springs Property Taxes
About Property Taxes in Eureka Springs, Carroll, Arkansas
Eureka Springs’ median effective property tax rate of 0.71% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Carroll 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 Eureka Springs. Homeowners in the 72631 ZIP code carry a median effective rate of 0.77%, while those in 72632 pay 0.68%. This spread — 0.09 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Carroll County. Understanding which part of Eureka Springs you live in can make a meaningful difference to your annual tax bill.
Eureka 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 Eureka Springs, Carroll 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 Eureka 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 Eureka Springs Tax Rate
0.71%
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 Carroll County Tax Rate
0.64%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Eureka Springs, Carroll County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72631 | 0.27% | 0.48% | 0.77% | 0.96% | 1.02% |
| 72632 | 0.24% | 0.42% | 0.68% | 0.89% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Eureka Springs, Carroll County, Arkansas
When examining property taxes in Eureka 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 Carroll 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.
Assessment notices:
In Carroll County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.
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 Eureka Springs.
For example, the median home price in Eureka Springs is $208,050, with tax bills ranging significantly across the county. 72631 has the highest median home price at $233,550.
Property Tax Assessment Values Across Eureka Springs, Carroll County, Arkansas
Source: Ownwell
$101,750
$167,650
$233,550
Median Eureka Springs Market Value
$208,050
Median Carroll County Market Value
$141,750
Median Arkansas Market Value
$118,750
Median United States Market Value
$274,101
Property Tax Assessment Values Across Eureka Springs, Carroll County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72631 | $53,655 | $117,862 | $233,550 | $390,300 | $545,320 |
| 72632 | $59,780 | $123,100 | $196,900 | $295,750 | $424,970 |
Source: Ownwell
Property Tax Bills Across Eureka Springs, Carroll County, Arkansas
Property tax bills in Eureka Springs are based on the assessed value of a home, not its market price. Local taxing authorities apply their tax rates to that assessed value to determine the annual bill, which means two homes with similar market values can still owe different amounts if their assessments or exemptions differ.
For homeowners, the bill is shaped by several factors, including the home’s assessed value, the tax rates set by local jurisdictions, and any eligible exemptions. With a median home price of $208,050, property taxes can still vary widely across the city. The 25th percentile tax bill is $625, while the 75th percentile is $2,232 and the 90th percentile is $3,644. The highest median tax bill is $1,560 in ZIP code 72631, compared with $1,213 in ZIP code 72632.
These differences can have a meaningful impact on monthly housing costs and long-term affordability for homeowners in Carroll County.
Median Eureka Springs Tax Bill
$1,292
Median Carroll County Tax Bill
$791
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$3,209
Property Tax Bills Across Eureka Springs, Carroll County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72631 | $234 | $656 | $1,560 | $2,953 | $4,402 |
| 72632 | $228 | $618 | $1,213 | $1,932 | $3,116 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Carroll Tax Assessor | |
| Website | www.actdatascout.com |