West Memphis, Crittenden County, Arkansas Property Taxes

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

Median West Memphis, AR effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median West Memphis, AR home value: $69,050
Median annual West Memphis, AR tax bill: $519, $1,881 lower than the national median property tax bill of $2,400.

How are property taxes in Crittenden County calculated?

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

Last Updated March 1, 2025

West Memphis, Crittenden County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$525

$487

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

Property Tax Rates Across West Memphis, Crittenden County, Arkansas

Local government entities set tax rates, which can vary widely within a state. 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 West Memphis’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S. West Memphis, located in Crittenden County, has a median property tax rate of 0.76%, which is below the national median of 1.02%. This makes it an attractive location for property owners looking for lower tax burdens. Compared to other cities in Arkansas, West Memphis offers a competitive tax rate, providing a potential advantage for residents and investors. Understanding these rates can help property owners make informed decisions and potentially save on their annual property tax bills.

Property Tax Rates Across West Memphis, 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 West Memphis Tax Rate

0.76%

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 West Memphis, Crittenden County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72301	0.63%	0.75%	0.76%	0.76%	0.76%

Source: Ownwell

Property Tax Assessment Values Across West Memphis, Crittenden County, Arkansas

When examining property taxes in West Memphis, 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 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 West Memphis. For example, the median home price in West Memphis is $69,050, with tax bills ranging significantly across the county. Zip code 72301 has the highest median home price at $69,050.

Property Tax Assessment Values Across West Memphis, Crittenden County, Arkansas

Source: Ownwell

$29,850

$96,300

$162,750

Median West Memphis Market Value

$69,050

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 West Memphis, Crittenden County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72301	$16,800	$33,900	$69,050	$108,100	$160,550

Source: Ownwell

Property Tax Bills Across West Memphis, Crittenden County, Arkansas

In West Memphis, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. For homeowners in West Memphis, the median property tax bill is $519, significantly lower than the national median of $2,400. This discrepancy highlights the relatively low property tax burden in the area. However, even within West Memphis, tax bills can vary. For instance, the tax bill at the 25th percentile is $238, while at the 90th percentile, it reaches $1,203. These variations can result from differences in home values and the specific location within the city. Ownwell assists homeowners by offering property tax appeal services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can help ensure that homeowners are not overpaying, providing a valuable service in managing property tax expenses.

Property Tax Bills Across West Memphis, Crittenden County, Arkansas

Source: Ownwell

$225

$895

$1,564

Median West Memphis Tax Bill

$519

Median Crittenden County Tax Bill

$662

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across West Memphis, Crittenden County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72301	$128	$238	$519	$847	$1,203

Source: Ownwell