Property Taxes in Pangburn, Arkansas
Median Pangburn, Arkansas effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Pangburn, Arkansas home value: $149,010
Median annual Pangburn, Arkansas tax bill: $1,108, lower by $1,292 than the national median property tax bill of $2,400.
How are property taxes in Cleburne calculated?
Property taxes in Pangburn, 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 Pangburn's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pangburn, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Pangburn Property Tax Calculator Work?
Use this Pangburn property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Pangburn's median effective tax rate of 0.74% — based on actual property records in Cleburne 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 Pangburn's 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 Pangburn: rates range from 0.74% in 72121 to 0.74% in 72121, 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 Pangburn.
About Pangburn Property Taxes
About Property Taxes in Pangburn, Cleburne, Arkansas
Pangburn's median effective property tax rate of 0.74% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Cleburne 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 Pangburn. Homeowners in the 72121 ZIP code carry a median effective rate of 0.74%, while those in the same ZIP code pay 0.74%. This spread reflects how school district boundaries and local assessment districts are drawn across Cleburne County. Understanding which part of Pangburn you live in can make a meaningful difference to your annual tax bill.
Pangburn homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before August 17, 2026.
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 Pangburn, Cleburne 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 Pangburn'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 Pangburn Tax Rate
0.74%
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 Cleburne County Tax Rate
0.71%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Pangburn, Cleburne County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72121 | 0.30% | 0.50% | 0.74% | 0.87% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Pangburn, Cleburne County, Arkansas
When examining property taxes in Pangburn, 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 Cleburne 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 Cleburne County, assessment notices are sent in the summer 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 Pangburn.
For example, the median home price in Pangburn is $149,010, with tax bills ranging significantly across the county. 72121 has the highest median home price at $149,010.
Property Tax Assessment Values Across Pangburn, Cleburne County, Arkansas
Source: Ownwell
$72,125
$170,718
$269,310
Median Pangburn Market Value
$149,010
Median Cleburne County Market Value
$130,065
Median Arkansas Market Value
$118,750
Median United States Market Value
$274,101
Property Tax Assessment Values Across Pangburn, Cleburne County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72121 | $31,260 | $61,505 | $149,010 | $271,545 | $357,065 |
Source: Ownwell
Property Tax Bills Across Pangburn, Cleburne County, Arkansas
Property tax bills in Pangburn are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Factors such as the home’s location, size, condition, and any applicable exemptions can influence that assessed value and, in turn, the final bill. With a median home price of $149,010, homeowners in Pangburn may see tax bills that vary widely depending on how their property is assessed.
The typical property tax bill in the area is $1,108.00, which is below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Bills can still range from $420 at the 25th percentile to $1,959 at the 75th percentile, with the 90th percentile reaching $2,594. For homeowners, this means property taxes can have a meaningful impact on annual housing costs, especially when assessed values rise faster than expected.
Median Pangburn Tax Bill
$1,108
Median Cleburne County Tax Bill
$775
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$3,209
Property Tax Bills Across Pangburn, Cleburne County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72121 | $179 | $420 | $1,108 | $1,959 | $2,594 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Cleburne Tax Assessor | |
| Website | cleburne.capturecama.com |