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Fordyce, Dallas County, Arkansas Property Taxes

  • Median Fordyce, AR effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.

  • Median Fordyce, AR home value: $39,500

  • Median annual Fordyce, AR tax bill: $385, $2,015 lower than the national median property tax bill of $2,400.

How are property taxes in Dallas County calculated?

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

Last Updated March 1, 2025

Fordyce, Dallas County, Arkansas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$422

$392

Ownwell’s Fordyce Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fordyce with just two data points. By entering your property's estimated assessed value, our calculator applies Fordyce’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 Fordyce, Dallas County, Arkansas

Local government entities set tax rates, which can vary widely within a state. The process involves each county estimating its required budget to provide essential services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.

In Fordyce, located within Dallas County, the effective property tax rate aligns with the county's median rate of 1.00%, which is slightly below the national median of 1.02%. This rate is consistent across the county, indicating a stable tax environment for property owners. The property tax bill in Fordyce is also comparable to the national median, providing a balanced fiscal landscape for residents. Comparing Fordyce’s rate to other cities in Arkansas, it remains competitive and offers an attractive option for potential homeowners looking for a favorable tax situation. Understanding these rates can help property owners make informed decisions and potentially save on property taxes.

Property Tax Rates Across Fordyce, 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 Fordyce Tax Rate

0.79%

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 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 Fordyce, Dallas County, Arkansas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
717420.64%0.72%0.79%0.94%1.00%

Source: Ownwell

Property Tax Assessment Values Across Fordyce, Dallas County, Arkansas

When examining property taxes in Fordyce, 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 Fordyce.

For example, the median home price in Fordyce is $39,500, with tax bills ranging significantly across the county. Zip code 71742 has the highest median home price at $39,500.

Property Tax Assessment Values Across Fordyce, Dallas County, Arkansas

Source: Ownwell

$23,700

$38,563

$53,425

Median Fordyce Market Value

$53,425

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 Fordyce, Dallas County, Arkansas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
71742$7,325$27,100$53,425$96,312$146,000

Source: Ownwell

Property Tax Bills Across Fordyce, Dallas County, Arkansas

In Fordyce, located in Dallas County, AR, property tax bills are calculated based on the assessed value of a property, which is a fraction of its market value. The median home price in Fordyce is $39,500, resulting in a property tax bill that can range significantly. For instance, the 25th percentile tax bill is $217, while the 75th percentile reaches $650, and the 90th percentile escalates to $995. This variation highlights the impact of differing property values and assessment rates on tax bills. The highest and lowest median tax bills in the area are both $385, indicating a relatively narrow range compared to the national median property tax bill of $2,400. Homeowners in Fordyce can benefit from appealing their property tax assessments if they believe them to be higher than warranted. By leveraging expert knowledge, Ownwell assists homeowners in navigating the appeals process, potentially lowering their tax obligations and ensuring they only pay their fair share. This service can be especially valuable in a region where property values and tax assessments can vary widely.

Property Tax Bills Across Fordyce, Dallas County, Arkansas

Source: Ownwell

$223

$323

$422

Median Fordyce Tax Bill

$422

Median Dallas County Tax Bill

$373

Median Arkansas Tax Bill

$870

Median United States Tax Bill

$2,400

Property Tax Bills Across Fordyce, Dallas County, Arkansas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
71742$75$235$422$705$1,097

Source: Ownwell

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