Carthage, Dallas County, Arkansas Property Taxes

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

Median Carthage, AR effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Carthage, AR home value: $21,750
Median annual Carthage, AR tax bill: $223, $2,177 lower than the national median property tax bill of $2,400.

How are property taxes in Dallas County calculated?

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

Last Updated March 1, 2025

Carthage, Dallas County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.99%

Estimate Property Tax Bill

$235

$218

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

Property Tax Rates Across Carthage, Dallas County, Arkansas

Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Carthage, located in Dallas County, Arkansas, has an effective property tax rate of 0.99%, which aligns with the county's median tax rate. This rate is slightly below the national median property tax rate of 1.02%. Residents of Carthage benefit from a property tax rate that is competitive both within the state and nationally. The consistency of the tax rate across Dallas County, with no variation between the highest and lowest rates, reflects a stable and predictable tax environment. This stability can be advantageous for homeowners and potential buyers looking for favorable property tax conditions. Overall, Carthage offers a tax rate that is both competitive and reliable, making it an attractive place for property ownership.

Property Tax Rates Across Carthage, Dallas County, Arkansas

Source: Ownwell

0.76%

0.92%

1.08%

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 Carthage Tax Rate

0.99%

Median Effective Dallas County Tax Rate

0.82%

Median Effective Arkansas Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Carthage, Dallas County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71725	0.75%	0.88%	0.99%	1.04%	1.04%

Source: Ownwell

Property Tax Assessment Values Across Carthage, Dallas County, Arkansas

When examining property taxes in Carthage, 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 Dallas 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 Dallas 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 Carthage.

For example, the median home price in Carthage is $21,750, with tax bills ranging significantly across the county. The zip code 71725 has the highest median home price at $21,750.

Property Tax Assessment Values Across Carthage, Dallas County, Arkansas

Source: Ownwell

$23,700

$38,563

$53,425

Median Carthage Market Value

$23,700

Median Dallas County Market Value

$45,825

Median Arkansas Market Value

$118,750

Median United States Market Value

$235,294

Property Tax Assessment Values Across Carthage, Dallas County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71725	$6,280	$11,875	$23,700	$42,950	$65,560

Source: Ownwell

Property Tax Bills Across Carthage, Dallas County, Arkansas

In Carthage, located in Dallas County, AR, property tax bills are calculated based on the assessed value of a home, which is determined by a percentage of its market value. With a median home price of $21,750, homeowners in this area face property tax bills that can vary significantly. The 25th percentile tax bill is $128, while the 75th percentile reaches $390, and the 90th percentile is $547. These figures reflect how property tax can impact homeowners differently, depending on the assessed value of their homes. Comparatively, the national median property tax bill stands at $2,400, highlighting the relatively lower tax burden in Carthage. Despite this, ensuring that property assessments are accurate remains crucial for homeowners to avoid overpaying. Ownwell offers valuable assistance by helping homeowners navigate property tax appeals and exemptions. By leveraging their expertise, homeowners can potentially reduce their tax bills, ensuring they only pay their fair share. This service is particularly beneficial in regions like Carthage, where every dollar counts.

Property Tax Bills Across Carthage, Dallas County, Arkansas

Source: Ownwell

$223

$323

$422

Median Carthage Tax Bill

$223

Median Dallas County Tax Bill

$373

Median Arkansas Tax Bill

$870

Median United States Tax Bill

$2,400

Property Tax Bills Across Carthage, Dallas County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71725	$65	$115	$223	$399	$556

Source: Ownwell