Dermott, Desha County, Arkansas Property Taxes
Median Dermott, AR effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Dermott, AR home value: $55,575
Median annual Dermott, AR tax bill: $433, $1,967 lower than the national median property tax bill of $2,400.
How are property taxes in Desha County calculated?
Property taxes in Dermott, 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 Dermott’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dermott, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dermott, Desha County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.98%
Estimate Property Tax Bill
$545
$505
Property Tax Rates Across Dermott, Desha County, Arkansas
Local government entities set tax rates, which can vary widely within a state. This is because each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their 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.
In Dermott, located in Desha County, Arkansas, the effective property tax rate is a reflection of this process. The median property tax rate here is 0.88%, which is lower than the national median property tax rate of 1.02%. This suggests that property owners in Dermott may benefit from relatively lower property tax bills compared to other regions. While the property tax rate in Dermott is consistent across the county, it remains important for property owners to be aware of how these rates are determined and the impact they have on their annual tax bills. Understanding these dynamics can help property owners make informed decisions and potentially save on property taxes.
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 Dermott Tax Rate
0.98%
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 Desha County Tax Rate
1.03%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dermott, Desha County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71638 | 0.59% | 0.67% | 0.98% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Dermott, Desha County, Arkansas
When examining property taxes in Dermott, 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 Desha 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 Desha 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 Dermott. For example, the median home price in Dermott is $55,575, with tax bills ranging significantly across the county. Zip code 71638 has the highest median home price at $55,575.
Property Tax Assessment Values Across Dermott, Desha County, Arkansas
Source: Ownwell
$37,700
$81,363
$125,025
Median Dermott Market Value
$55,575
Median Desha County Market Value
$52,975
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dermott, Desha County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71638 | $13,075 | $26,362 | $55,575 | $92,438 | $121,455 |
Source: Ownwell
Property Tax Bills Across Dermott, Desha County, Arkansas
Median Dermott Tax Bill
$516
Median Desha County Tax Bill
$499
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Dermott, Desha County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71638 | $87 | $258 | $516 | $708 | $1,187 |
Source: Ownwell