Jericho, Crittenden County, Arkansas Property Taxes

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

Median Jericho, Arkansas effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Jericho, Arkansas home value: $4,500
Median annual Jericho, Arkansas tax bill: $46, $2,354 lower than the national median property tax bill of $2,400.

How are property taxes in Crittenden calculated?

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

Last Updated March 1, 2025

Jericho, Crittenden County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.03%

Estimate Property Tax Bill

$46

$43

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

Property Tax Rates Across Jericho, Crittenden County, Arkansas

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Votes and laws play a role in setting these rates and budgets, but this is the annual process in a nutshell.

Jericho in Crittenden County, Arkansas, presents an interesting case for property tax comparison. The effective property tax rate in Jericho can be compared to other cities in Arkansas and the median property tax rates in Arkansas and the U.S. Understanding these rates is crucial for homeowners looking to manage their property tax expenses effectively.

While Arkansas's median property tax rate is slightly above the national median, the actual tax bill can differ significantly based on property values and local rates. Homeowners in Jericho should consider these differences when planning their finances, as even small variations in tax rates can impact overall expenses. By staying informed, property owners can make better decisions about appealing their assessments and exploring potential exemptions.

Property Tax Rates Across Jericho, Crittenden County, Arkansas

Source: Ownwell

0.66%

0.85%

1.03%

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 Jericho Tax Rate

1.03%

Median Effective Crittenden County Tax Rate

0.76%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Jericho, Crittenden County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72327	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Jericho, Crittenden County, Arkansas

When examining property taxes in Jericho, 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 Crittenden 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 Crittenden 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 Jericho.

For example, the median home price in Jericho is $4,500, with tax bills ranging significantly across the county. The 25th percentile tax bill is $30, while the 90th percentile reaches $231, illustrating the variability in property tax obligations within the area.

Property Tax Assessment Values Across Jericho, Crittenden County, Arkansas

Source: Ownwell

$29,850

$96,300

$162,750

Median Jericho Market Value

$4,500

Median Crittenden County Market Value

$81,700

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Jericho, Crittenden County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72327	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Jericho, Crittenden County, Arkansas

In Jericho, Crittenden County, Arkansas, property tax bills are determined based on the assessed value of a home. This value is a percentage of the market value, and the tax rate is applied to this assessed value. While the national median property tax bill stands at $2,400, homeowners in Jericho experience significantly lower bills. For instance, the 25th percentile tax bill is just $30, whereas the 75th percentile reaches $161, and the 90th percentile is $231. These figures highlight the affordability of property taxes in Jericho compared to the national average. However, even with lower tax bills, homeowners may still seek ways to reduce their financial burden. Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing the unique aspects of each property, Ownwell identifies opportunities for tax savings, ensuring homeowners pay only their fair share. With Ownwell's assistance, homeowners in Jericho can potentially lower their property tax bills, keeping more money in their pockets.

Property Tax Bills Across Jericho, Crittenden County, Arkansas

Source: Ownwell

$225

$895

$1,564

Median Jericho Tax Bill

$46

Median Crittenden County Tax Bill

$662

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Jericho, Crittenden County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72327	N/A	N/A	N/A	N/A	N/A

Source: Ownwell