Green Forest, Carroll County, Arkansas Property Taxes

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

Median Green Forest, AR effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Green Forest, AR home value: $94,375
Median annual Green Forest, AR tax bill: $462, $1,938 lower than the national median property tax bill of $2,400.

How are property taxes in Carroll calculated?

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

Last Updated March 1, 2025

Green Forest, Carroll County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.54%

Estimate Property Tax Bill

$522

$485

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

Property Tax Rates Across Green Forest, Carroll County, Arkansas

Local government entities determine tax rates, leading to substantial variation within a state. This variation arises because each county annually estimates its budgetary needs for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While voting and legislation play roles in setting tax rates and budgets, this is essentially the annual process. In Green Forest, Carroll County, Arkansas, the effective property tax rate stands at 0.60%, which is below both the state and national medians. The national median property tax rate is 1.02%, with a typical bill of $2,400, highlighting Green Forest's relatively low tax burden. This lower rate can be appealing for property owners looking for affordability. Comparing Green Forest to other cities in Arkansas and the broader U.S. reveals its competitive advantage in property tax rates, potentially making it an attractive location for both residents and investors seeking to minimize tax expenses.

Property Tax Rates Across Green Forest, Carroll County, Arkansas

Source: Ownwell

0.58%

0.67%

0.77%

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 Green Forest Tax Rate

0.54%

Median Effective Carroll County Tax Rate

0.64%

Median Effective Arkansas Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Green Forest, Carroll County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72638	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Green Forest, Carroll County, Arkansas

When examining property taxes in Green Forest, AR, 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's Office 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 Carroll 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 Green Forest.

For example, the median home price in Green Forest is $94,375, with tax bills ranging significantly across the county. Zip code 72638 has the highest median home price at $94,375.

Property Tax Assessment Values Across Green Forest, Carroll County, Arkansas

Source: Ownwell

$101,750

$167,650

$233,550

Median Green Forest Market Value

$96,700

Median Carroll County Market Value

$141,750

Median Arkansas Market Value

$118,750

Median United States Market Value

$235,294

Property Tax Assessment Values Across Green Forest, Carroll County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72638	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Green Forest, Carroll County, Arkansas

In Green Forest, Carroll County, AR, property tax bills are calculated based on the assessed value of a home, which is a fraction of its market value. The median home price here is $94,375, and homeowners face a median tax bill of $462, significantly lower than the national median of $2,400. Factors such as property size, location, and improvements can influence the assessed value, impacting the tax bill. The 25th percentile tax bill is $211, while the 75th percentile reaches $910, and the 90th percentile goes up to $1,500, indicating variability based on property specifics. Despite the lower tax bills, homeowners can still benefit from appealing their property taxes, especially if they believe their property has been over-assessed. Ownwell assists homeowners by providing expert property tax appeal services, potentially reducing tax liabilities. By analyzing local market trends and ensuring accurate assessments, Ownwell helps homeowners in Green Forest save money, offering peace of mind and financial relief.

Property Tax Bills Across Green Forest, Carroll County, Arkansas

Source: Ownwell

$463

$1,012

$1,560

Median Green Forest Tax Bill

$402

Median Carroll County Tax Bill

$791

Median Arkansas Tax Bill

$870

Median United States Tax Bill

$2,400

Property Tax Bills Across Green Forest, Carroll County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72638	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	August 17

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