West Memphis, Cleburne County, Arkansas Property Taxes

Name: Property Tax Bills Across West Memphis, Cleburne County, Arkansas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median West Memphis, AR effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median West Memphis, AR home value: $162,845
Median annual West Memphis, AR tax bill: $1,423, $977 lower than the national median property tax bill of $2,400.

How are property taxes in Cleburne County calculated?

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

Last Updated March 1, 2025

West Memphis, Cleburne County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.87%

Estimate Property Tax Bill

$1,417

$1,315

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

Property Tax Rates Across West Memphis, Cleburne County, Arkansas

Local government entities set property tax rates, which can vary significantly within a state. Each county estimates its budget to provide essential services and divides it by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the core of the annual process. In West Memphis, located in Crittenden County, Arkansas, the effective property tax rate reflects this calculation. When compared to other cities in Arkansas and the national median, West Memphis offers a unique perspective on property taxation. The median property tax rate in Arkansas is lower than the national median, making it an attractive state for property owners. Understanding these rates is crucial for property owners seeking to manage their expenses effectively. West Memphis stands out with its distinct tax rate, offering potential savings compared to the national average. For property owners in West Memphis, this means a lower financial burden and an opportunity to optimize their property tax obligations.

Property Tax Rates Across West Memphis, Cleburne County, Arkansas

Source: Ownwell

0.51%

0.64%

0.76%

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 West Memphis Tax Rate

0.87%

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 West Memphis, Cleburne County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72301	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across West Memphis, Cleburne County, Arkansas

When examining property taxes in West Memphis, 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 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 West Memphis.

For example, the median home price in West Memphis is $162,845, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across West Memphis, Cleburne County, Arkansas

Source: Ownwell

$58,295

$159,485

$260,675

Median West Memphis Market Value

$162,845

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 West Memphis, Cleburne County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72301	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across West Memphis, Cleburne County, Arkansas

In West Memphis, property tax bills are determined by the assessed value of a property, which is a percentage of its market value. The median home price in the area is $162,845. West Memphis falls within Crittenden County, where the property tax rate is relatively low compared to the national median of 1.02%. However, homeowners in West Memphis still face tax bills that can be significant. The 25th, 75th, and 90th percentiles of property tax bills in the area are all $1,423, which is below the national median property tax bill of $2,400.

Several factors influence property tax bills, including changes in property value and local tax rates. For homeowners, these taxes can represent a substantial annual expense. Ownwell offers services to help homeowners reduce their property tax bills by appealing assessed values and seeking exemptions. Our expertise can lead to significant savings, easing the financial burden on homeowners. By ensuring that property assessments are fair and accurate, Ownwell helps clients pay only their fair share in taxes.

Property Tax Bills Across West Memphis, Cleburne County, Arkansas

Source: Ownwell

$200

$879

$1,558

Median West Memphis Tax Bill

$1,423

Median Cleburne County Tax Bill

$753

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across West Memphis, Cleburne County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72301	N/A	N/A	N/A	N/A	N/A

Source: Ownwell