Searcy, Cleburne County, Arkansas Property Taxes
Median Searcy, AR effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Searcy, AR home value: $122,765
Median annual Searcy, AR tax bill: $476, $1,924 lower than the national median property tax bill of $2,400.
How are property taxes in Cleburne County calculated?
Property taxes in Searcy, 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 Searcy’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Searcy, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Searcy, Cleburne County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.54%
Estimate Property Tax Bill
$663
$615
Property Tax Rates Across Searcy, Cleburne County, Arkansas
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 Searcy Tax Rate
0.54%
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
0.67%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Searcy, Cleburne County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72143 | 0.17% | 0.34% | 0.54% | 0.82% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Searcy, Cleburne County, Arkansas
When examining property taxes in Searcy, 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.
In Cleburne 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 Searcy.
For example, the median home price in Searcy is $122,765, with tax bills ranging significantly across the county. Zip code 72143 has the highest median home price at $122,765.
Property Tax Assessment Values Across Searcy, Cleburne County, Arkansas
Source: Ownwell
$58,295
$159,485
$260,675
Median Searcy Market Value
$122,765
Median Cleburne County Market Value
$128,200
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Searcy, Cleburne County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72143 | $11,934 | $56,465 | $122,765 | $195,058 | $248,921 |
Source: Ownwell
Property Tax Bills Across Searcy, Cleburne County, Arkansas
In Searcy, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The median home price in Searcy is $122,765, and the property tax rate is determined by local tax authorities. Homeowners in Searcy experience a range of tax bills, with the 25th percentile at $130 and the 75th percentile at $849. The highest median tax bill recorded in the area is $476, which is significantly lower than the national median property tax bill of $2,400. This discrepancy highlights the relatively lower property tax rate in Searcy compared to the national median rate of 1.02%.
Factors such as property location, improvements, and local tax levies influence the final tax bill. Homeowners seeking to reduce their property tax liabilities can benefit from Ownwell's expertise. By leveraging comprehensive property assessments and appealing overvaluations, Ownwell helps homeowners achieve potential savings on their property tax bills, ensuring they pay only what is fair and accurate.
Median Searcy Tax Bill
$476
Median Cleburne County Tax Bill
$753
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Searcy, Cleburne County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72143 | $64 | $130 | $476 | $849 | $1,673 |
Source: Ownwell