Cleveland, Conway County, Arkansas Property Taxes
Property Taxes in Cleveland, Arkansas
Median Cleveland, Arkansas effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Cleveland, Arkansas home value: $77,950
Median annual Cleveland, Arkansas tax bill: $454, $1,946 lower than the national median property tax bill of $2,400.
How are property taxes in Conway calculated?
Property taxes in Cleveland, 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 Cleveland's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cleveland, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cleveland, Conway County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.67%
Estimate Property Tax Bill
$522
$485
How Does the Cleveland Property Tax Calculator Work?
Use this Cleveland property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Cleveland's median effective tax rate of 0.67% — based on actual property records in Conway 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 Cleveland'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 Cleveland: rates range from 0.67% in 72030 to 0.67% in 72030, 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 Cleveland.
About Cleveland Property Taxes
About Property Taxes in Cleveland, Conway, Arkansas
Cleveland's median effective property tax rate of 0.67% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Conway 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 Cleveland. Homeowners in the 72030 ZIP code carry a median effective rate of 0.67%, while those in the same ZIP also pay 0.67%. This reflects how school district boundaries and local assessment districts are drawn across Conway County. Understanding where you live in Cleveland can make a meaningful difference to your annual tax bill.
Cleveland homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 17, 2026 deadline each year.
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 Cleveland, Conway 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 Cleveland'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 Ă· 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 Tax Rate
0.67%
Our median effective property tax rate (tax bill Ă· 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 Conway County Tax Rate
0.64%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cleveland, Conway County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72030 | 0.14% | 0.31% | 0.67% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Cleveland, Conway County, Arkansas
When examining property taxes in Cleveland, 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 Conway County assessment 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 Conway County are sent in the spring each year and 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.
For example, the median home price in Cleveland is $77,950, with tax bills ranging significantly across the county. Zip code 72030 has the highest median home price at $77,950.
Property Tax Assessment Values Across Cleveland, Conway County, Arkansas
Source: Ownwell
$70,900
$82,788
$94,675
Median Cleveland Market Value
$77,950
Median Conway County Market Value
$84,800
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cleveland, Conway County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72030 | $19,595 | $42,688 | $77,950 | $139,688 | $201,795 |
Source: Ownwell
Property Tax Bills Across Cleveland, Conway County, Arkansas
Property tax bills in Cleveland are based on the assessed value of a home, not its market price, and the local tax rate applied to that assessment. For homeowners in Conway County, the typical bill reflects both the home’s value and how local taxing authorities set rates.
With a median home price of $77,950, Cleveland homeowners often see tax bills that are lower than many national comparisons, but the amount can still vary widely from one property to another. The 25th percentile tax bill is $188, while the 75th percentile is $912 and the 90th percentile reaches $1,652. The highest and lowest median tax bill in the area is $454 in ZIP code 72030.
These differences matter because property taxes can affect monthly housing costs and long-term affordability. Even small changes in assessed value or tax rates can lead to a noticeably different bill, making it important for homeowners to understand how their property tax bill is calculated.
Median Cleveland Tax Bill
$454
Median Conway County Tax Bill
$551
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Cleveland, Conway County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72030 | $68 | $188 | $454 | $912 | $1,652 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Conway Tax Assessor | |
| Website | www.actdatascout.com |