Rison, Cleveland County, Arkansas Property Taxes
Median Rison, AR effective property tax rate: 0.92%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Rison, AR home value: $62,825
Median annual Rison, AR tax bill: $554, $1,846 lower than the national median property tax bill of $2,400.
How are property taxes in Cleveland County calculated?
Property taxes in Rison, 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 Rison’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rison, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rison, Cleveland County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$578
$536
Ownwell’s Rison Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Rison with just two data points.
By entering your property's estimated assessed value, our calculator applies Rison’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 Cleveland County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Rison, Cleveland County, Arkansas
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually 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 votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
Rison in Cleveland County, Arkansas, has an effective property tax rate of 0.92%, which is slightly below the national median property tax rate of 1.02%. This rate is consistent across the county, demonstrating a uniform approach to property taxation within Cleveland County. Compared to other cities in Arkansas, Rison maintains a competitive tax rate, providing residents with a favorable environment for property ownership.
Understanding the local tax landscape is crucial for property owners, as it directly impacts the annual tax bill. With the national median property tax bill at $2400, Rison residents may find their tax obligations more manageable. This comparison highlights the importance of being informed about property tax rates and how they affect financial planning and property ownership in 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 Rison Tax Rate
0.92%
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 Cleveland County Tax Rate
0.92%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rison, Cleveland County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71665 | 0.66% | 0.87% | 0.92% | 0.94% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Rison, Cleveland County, Arkansas
When examining property taxes in Rison, 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 Cleveland County Assessor's Office 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 Cleveland 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 Rison.
For example, the median home price in Rison is $62,825, with tax bills ranging significantly across the county. ZIP code 71665 has the highest median home price at $62,825.
Property Tax Assessment Values Across Rison, Cleveland County, Arkansas
Source: Ownwell
$30,050
$56,388
$82,725
Median Rison Market Value
$62,825
Median Cleveland County Market Value
$55,200
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rison, Cleveland County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71665 | $9,270 | $26,812 | $62,825 | $124,075 | $188,530 |
Source: Ownwell
Property Tax Bills Across Rison, Cleveland County, Arkansas
Median Rison Tax Bill
$554
Median Cleveland County Tax Bill
$492
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Rison, Cleveland County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71665 | $116 | $263 | $554 | $1,040 | $1,641 |
Source: Ownwell