Mc Dougal, Clay County, Arkansas Property Taxes

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

Median MC DOUGAL, AR effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median MC DOUGAL, AR home value: $33,700
Median annual MC DOUGAL, AR tax bill: $220, $2,180 lower than the national median property tax bill of $2,400.

How are property taxes in Clay County calculated?

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

Last Updated March 1, 2025

Mc Dougal, Clay County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.63%

Estimate Property Tax Bill

$212

$197

Ownwell’s MC DOUGAL Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in MC DOUGAL with just two data points.

By entering your property's estimated assessed value, our calculator applies MC DOUGAL’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 Clay County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mc Dougal, Clay County, Arkansas

Local government entities in Arkansas set property tax rates, which can vary widely within the state. This variation is due to each county annually estimating its required budget to provide services. The total value of all taxable property within the county's jurisdiction is then divided by this budget to determine the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In MC DOUGAL, located in Clay County, the effective property tax rate is 0.63%. This rate is notably lower than the national median property tax rate of 1.02%. As such, residents of MC DOUGAL benefit from a more favorable property tax rate compared to many other regions across the United States. While the property tax rate in MC DOUGAL aligns with the state median, it remains advantageous when contrasted with the national landscape. This lower rate can be a significant factor for residents and potential homeowners when considering property investments in Arkansas, as it can result in substantial savings over time.

Property Tax Rates Across Mc Dougal, Clay County, Arkansas

Source: Ownwell

0.63%

0.78%

0.93%

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 Mc Dougal Tax Rate

0.63%

Median Effective Clay County Tax Rate

0.78%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mc Dougal, Clay County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72441	0.43%	0.50%	0.63%	0.75%	0.90%

Source: Ownwell

Property Tax Assessment Values Across Mc Dougal, Clay County, Arkansas

When examining property taxes in MC DOUGAL, 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 Clay 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 Clay County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 MC DOUGAL. For example, the median home price in MC DOUGAL is $33,700, with tax bills ranging significantly across the county. ZIP code 72441 has the highest median home price at $33,700.

Property Tax Assessment Values Across Mc Dougal, Clay County, Arkansas

Source: Ownwell

$16,575

$46,863

$77,150

Median Mc Dougal Market Value

$33,700

Median Clay County Market Value

$59,500

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mc Dougal, Clay County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72441	$2,360	$12,325	$33,700	$53,225	$80,750

Source: Ownwell

Property Tax Bills Across Mc Dougal, Clay County, Arkansas

In Mc Dougal, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value, which is then multiplied by the local tax rate to determine the tax bill. In Clay County, homeowners face a median tax bill of $220, significantly lower than the national median of $2,400. Factors such as the property's location, size, and condition influence the assessed value, impacting the tax bill. Despite the lower tax bills, homeowners in Mc Dougal can still benefit from tax savings. Ownwell assists homeowners by identifying potential inaccuracies in assessments and appealing them to ensure fair taxation. By leveraging local expertise and data analysis, Ownwell helps homeowners navigate the complexities of property tax systems, potentially reducing their tax burden. This can lead to significant savings, allowing homeowners to allocate resources elsewhere. With Ownwell's support, Mc Dougal residents can ensure they are not overpaying on their property taxes.

Property Tax Bills Across Mc Dougal, Clay County, Arkansas

Source: Ownwell

$150

$340

$530

Median Mc Dougal Tax Bill

$220

Median Clay County Tax Bill

$445

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Mc Dougal, Clay County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72441	$40	$93	$220	$354	$518

Source: Ownwell