Pangburn, Cleburne County, Arkansas Property Taxes
Median Pangburn, AR effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Pangburn, AR home value: $149,010
Median annual Pangburn, AR tax bill: $990, $1,410 lower than the national median property tax bill of $2,400.
How are property taxes in Cleburne County calculated?
Property taxes in Pangburn, 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 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 March 1, 2025
Pangburn, Cleburne County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$1,103
$1,023
Property Tax Rates Across Pangburn, Cleburne County, Arkansas
Local government entities set tax rates, which can vary widely within a state. 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.
Pangburn, located in Cleburne County, has a property tax rate that aligns with the median tax rate in Arkansas, which stands at 0.66%. This rate is significantly lower than the national median property tax rate of 1.02%. Consequently, property owners in Pangburn benefit from a lower tax burden compared to other regions across the United States. Such favorable rates can make Pangburn an attractive location for property investment and homeownership. Understanding these rates is crucial for property owners looking to optimize their tax liabilities and make informed decisions.
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
1.02%
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, 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 Cleburne 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 Cleburne County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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. Zip code 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
$235,294
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
Median Pangburn Tax Bill
$1,108
Median Cleburne County Tax Bill
$775
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
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 | |
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| Appeal Deadline | August 17 |
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