Proctor, Crittenden County, Arkansas Property Taxes
Median Proctor, AR effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Proctor, AR home value: $68,825
Median annual Proctor, AR tax bill: $418, $1,982 lower than the national median property tax bill of $2,400.
How are property taxes in Crittenden calculated?
Property taxes in Proctor, 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 Proctor’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Proctor, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Proctor, Crittenden County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.66%
Estimate Property Tax Bill
$454
$422
Property Tax Rates Across Proctor, Crittenden County, Arkansas
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 Proctor’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
Proctor, located in Crittenden County, stands out with its effective property tax rate of 0.66%. This rate is notably lower than the national median property tax rate of 1.02%. The median property tax rate for Arkansas also aligns with Proctor’s rate, showcasing a consistent trend across the state. In contrast to the national landscape, where homeowners face an average tax bill of $2400, Proctor offers a more affordable option for property owners. Understanding these differences can be crucial for homeowners looking to manage their property tax liabilities effectively.
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 Proctor Tax Rate
0.66%
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 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 Proctor, Crittenden County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72376 | 0.46% | 0.54% | 0.66% | 0.70% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Proctor, Crittenden County, Arkansas
When examining property taxes in Proctor, 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.
Assessment notices: In Crittenden 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 Proctor. For example, the median home price in Proctor is $68,825, with tax bills ranging significantly across the county. Zip code 72376 has the highest median home price at $68,825.
Property Tax Assessment Values Across Proctor, Crittenden County, Arkansas
Source: Ownwell
$29,850
$96,300
$162,750
Median Proctor Market Value
$68,825
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 Proctor, Crittenden County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72376 | $13,175 | $33,562 | $68,825 | $148,888 | $231,900 |
Source: Ownwell
Property Tax Bills Across Proctor, Crittenden County, Arkansas
Median Proctor Tax Bill
$418
Median Crittenden County Tax Bill
$662
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Proctor, Crittenden County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72376 | $86 | $221 | $418 | $889 | $1,445 |
Source: Ownwell