Craighead County, Arkansas Property Taxes
Property Taxes in Craighead County, Arkansas
Median Craighead County effective property tax rate: 0.85%, significantly lower than the national median of 1.02%.
Median Craighead County home value: $151,898
Median annual Craighead County tax bill: $1,273, lower than the national median property tax bill of $2,400.
How are property taxes in Craighead County calculated?
Property taxes in Craighead County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Craighead County or another part of Craighead County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Craighead County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.85%
Estimate Property Tax Bill
$1,291
$1,198
How Does the Craighead County Property Tax Calculator Work?
Use this Craighead County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Craighead County's median effective tax rate of 0.85% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Craighead County's median tax rate is lower than the national median property tax rate of 1.02%, and the median property tax bill of $1,273 is lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Craighead County.
Property Tax Rates Across Craighead County, Arkansas
What Are Effective Property Tax Rates Across Craighead County?
Local government entities set tax rates, which vary widely across Craighead County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Craighead County's effective property tax rate to other counties in Arkansas or the U.S. median of 1.02%.
Craighead County's median effective rate stands at 0.85%, which is lower than the national median of 1.02%. Within Craighead County, the highest rate is found in Weiner at 1.01%, while Monette has the lowest at 0.76%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Craighead County Tax Rate
0.85%
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 Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Craighead County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bay | 0.62% | 0.81% | 0.95% | 1.03% | 1.03% |
| Black Oak | 0.58% | 0.79% | 0.86% | 0.86% | 0.98% |
| Bono | 0.62% | 0.80% | 0.91% | 0.99% | 1.07% |
| Brookland | 0.66% | 0.84% | 0.94% | 0.98% | 0.98% |
| Caraway | 0.61% | 0.77% | 0.91% | 1.01% | 1.02% |
| Cash | 0.60% | 0.77% | 0.89% | 0.89% | 1.07% |
| Egypt | 0.84% | 0.90% | 0.90% | 0.90% | 0.90% |
| Jonesboro | 0.60% | 0.74% | 0.84% | 0.96% | 1.02% |
| Lake City | 0.60% | 0.77% | 0.88% | 0.98% | 1.02% |
| Leachville | 0.51% | 0.64% | 0.78% | 0.82% | 0.82% |
| Monette | 0.53% | 0.65% | 0.76% | 0.86% | 0.86% |
| Paragould | 0.53% | 0.71% | 0.87% | 0.94% | 0.94% |
| Rural | 0.64% | 0.80% | 0.94% | 1.00% | 1.07% |
| State University | 0.90% | 0.90% | 0.92% | 0.93% | 0.96% |
| Walnut Ridge | 0.57% | 0.72% | 0.90% | 1.07% | 1.07% |
| Weiner | 0.58% | 0.70% | 1.01% | 1.01% | 1.01% |
| Bay City | N/A | N/A | N/A | N/A | N/A |
| Black Rock | N/A | N/A | N/A | N/A | N/A |
| Buffalo Island Central | N/A | N/A | N/A | N/A | N/A |
| Nettleton | N/A | N/A | N/A | N/A | N/A |
| Riverside | N/A | N/A | N/A | N/A | N/A |
| Trumann | N/A | N/A | N/A | N/A | N/A |
| Valley View | N/A | N/A | N/A | N/A | N/A |
| Westside | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Craighead County, Arkansas
When examining property taxes in Craighead County, 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 Craighead 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.
Assessment notices:
In Craighead 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 Craighead County.
For example, the median tax bill in Craighead County is $1,273, with tax bills ranging significantly across the county. Jonesboro has the highest median home price at $163,292.
Property Tax Assessment Values Across Craighead County, Arkansas
Source: Ownwell
$45,905
$120,628
$195,350
Median Craighead County Market Value
$151,898
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Craighead County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bay | $36,808 | $64,321 | $90,892 | $120,095 | $180,426 |
| Black Oak | $8,602 | $33,522 | $59,688 | $114,485 | $162,538 |
| Bono | $62,760 | $90,000 | $138,075 | $190,665 | $264,859 |
| Brookland | $54,944 | $102,988 | $149,800 | $203,438 | $295,818 |
| Caraway | $17,225 | $38,390 | $63,370 | $102,365 | $152,100 |
| Cash | $10,856 | $26,832 | $50,535 | $91,365 | $169,810 |
| Egypt | $6,442 | $16,638 | $45,905 | $69,624 | $88,638 |
| Jonesboro | $61,874 | $105,201 | $163,292 | $233,789 | $356,264 |
| Lake City | $36,783 | $72,028 | $98,895 | $155,215 | $206,330 |
| Leachville | $14,195 | $59,665 | $91,295 | $155,750 | $206,829 |
| Monette | $26,306 | $51,662 | $90,835 | $143,455 | $221,050 |
| Paragould | $19,398 | $40,869 | $96,438 | $168,975 | $262,672 |
| Rural | $18,550 | $35,355 | $96,185 | $178,865 | $317,460 |
| State University | $58,350 | $60,000 | $64,000 | $70,850 | $141,650 |
| Walnut Ridge | $14,090 | $32,785 | $52,315 | $105,550 | $166,954 |
| Weiner | $24,625 | $41,995 | $70,485 | $121,228 | $142,375 |
| Bay City | N/A | N/A | N/A | N/A | N/A |
| Black Rock | N/A | N/A | N/A | N/A | N/A |
| Buffalo Island Central | N/A | N/A | N/A | N/A | N/A |
| Nettleton | N/A | N/A | N/A | N/A | N/A |
| Riverside | N/A | N/A | N/A | N/A | N/A |
| Trumann | N/A | N/A | N/A | N/A | N/A |
| Valley View | N/A | N/A | N/A | N/A | N/A |
| Westside | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Craighead County, Arkansas
Property tax bills in Craighead County are based on the assessed value of a home, not its market price. Local taxing authorities apply the county’s tax rates to that assessed value to determine the final bill, so the amount a homeowner pays depends on both the property’s valuation and the combined local levies.
With a median home price of $151,898, property taxes can vary widely across the county. The median tax bill is $1,389.00 in Jonesboro and $382.00 in Egypt, showing how location within the county can affect what homeowners owe. For many households, the annual bill falls between $717 at the 25th percentile and $1,901 at the 75th percentile, while the 90th percentile reaches $2,912.
Because taxes are tied to assessed value, changes in a home’s valuation can increase or lower the bill. That makes property taxes an important part of homeownership costs in Craighead County.
Median Craighead County Tax Bill
$1,273
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Craighead County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bay | $299 | $505 | $813 | $1,103 | $1,597 |
| Black Oak | $70 | $236 | $486 | $939 | $1,453 |
| Bono | $473 | $745 | $1,191 | $1,702 | $2,450 |
| Brookland | $411 | $855 | $1,377 | $1,837 | $2,744 |
| Caraway | $149 | $340 | $540 | $843 | $1,335 |
| Cash | $95 | $229 | $437 | $706 | $1,407 |
| Egypt | $58 | $150 | $382 | $581 | $748 |
| Jonesboro | $448 | $802 | $1,389 | $2,041 | $3,094 |
| Lake City | $283 | $559 | $824 | $1,329 | $1,860 |
| Leachville | $108 | $399 | $677 | $1,162 | $1,392 |
| Monette | $178 | $368 | $624 | $1,072 | $1,679 |
| Paragould | $154 | $318 | $657 | $1,371 | $2,117 |
| Rural | $140 | $268 | $830 | $1,685 | $3,121 |
| State University | $544 | $560 | $590 | $651 | $1,261 |
| Walnut Ridge | $112 | $304 | $417 | $733 | $1,314 |
| Weiner | $195 | $299 | $713 | $1,226 | $1,441 |
| Bay City | N/A | N/A | N/A | N/A | N/A |
| Black Rock | N/A | N/A | N/A | N/A | N/A |
| Buffalo Island Central | N/A | N/A | N/A | N/A | N/A |
| Nettleton | N/A | N/A | N/A | N/A | N/A |
| Riverside | N/A | N/A | N/A | N/A | N/A |
| Trumann | N/A | N/A | N/A | N/A | N/A |
| Valley View | N/A | N/A | N/A | N/A | N/A |
| Westside | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Craighead Tax Assessor | |
| Website | www.arcountydata.com |