Cash, Craighead County, Arkansas Property Taxes
Median CASH, AR effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median CASH, AR home value: $57,610
Median annual CASH, AR tax bill: $451, $1,949 lower than the national median property tax bill of $2,400.
How are property taxes in Craighead calculated?
Property taxes in CASH, 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 CASH’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in CASH, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cash, Craighead County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.83%
Estimate Property Tax Bill
$478
$444
Property Tax Rates Across Cash, Craighead County, Arkansas
Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential 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.
In Cash, located in Craighead County, Arkansas, the effective property tax rate stands at 0.83%. This is notably lower than the national median property tax rate of 1.02%. Comparatively, Cash's rate aligns with the highest and lowest median tax rates within Arkansas, both recorded at 0.83% in the same zip code. This consistency in tax rates within the region suggests a stable property tax environment compared to the broader national landscape. For homeowners in Cash, this means a property tax bill that is likely more manageable than the national median of $2,400, providing potential savings and financial predictability.
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 Cash Tax Rate
0.83%
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 Craighead County Tax Rate
0.83%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cash, Craighead County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72421 | 0.58% | 0.69% | 0.83% | 0.89% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Cash, Craighead County, Arkansas
When examining property taxes in CASH, 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 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 CASH. For example, the median home price in CASH is $57,610, with tax bills ranging significantly across the county. ZIP code 72421 has the highest median home price at $57,610.
Property Tax Assessment Values Across Cash, Craighead County, Arkansas
Source: Ownwell
$52,730
$123,665
$194,600
Median Cash Market Value
$57,610
Median Craighead County Market Value
$151,595
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cash, Craighead County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72421 | $16,411 | $30,978 | $57,610 | $101,638 | $177,247 |
Source: Ownwell
Property Tax Bills Across Cash, Craighead County, Arkansas
Median Cash Tax Bill
$451
Median Craighead County Tax Bill
$1,210
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Cash, Craighead County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72421 | $111 | $265 | $451 | $773 | $1,437 |
Source: Ownwell