Dermott, Drew County, Arkansas Property Taxes
Property Taxes in Dermott, Arkansas
Median Dermott, Arkansas effective property tax rate: 0.91%, lower than the national median of 1.02%, and higher than the Arkansas state median of 0.81%.
Median Dermott, Arkansas home value: $39,700
Median annual Dermott, Arkansas tax bill: $250, lower than the national median property tax bill of $2,400.
How are property taxes in Drew calculated?
Property taxes in Dermott, Arkansas 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 April 13, 2026
Dermott, Drew County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$361
$335
How Does the Dermott Property Tax Calculator Work?
Use this Dermott property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Dermott's median effective tax rate of 0.91% — based on actual property records in Drew County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Dermott's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Dermott: rates range from 0.91% in 71638 to 0.91% in 71638, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Dermott.
About Dermott Property Taxes
About Property Taxes in Dermott, Drew, Arkansas
Dermott’s median effective property tax rate of 0.91% is higher than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Drew County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Dermott. Homeowners in the 71638 ZIP code carry a median effective rate of 0.91%, while those in the same ZIP code pay 0.91%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Drew County. Understanding which part of Dermott you live in can make a meaningful difference to your annual tax bill.
Dermott homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 17, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Dermott, Drew County, Arkansas
As noted earlier, 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 Dermott's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
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 DermottTax Rate
0.91%
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 DrewCounty Tax Rate
0.87%
Median Effective ArkansasTax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dermott, Drew County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71638 | 0.21% | 0.54% | 0.91% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Dermott, Drew 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 Drew County tax assessor 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 Drew County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 $39,700, with tax bills ranging significantly across the county. 71638 has the highest median home price at $39,700.
Property Tax Assessment Values Across Dermott, Drew County, Arkansas
Source: Ownwell
$20,950
$45,225
$69,500
Median Dermott Market Value
$39,700
Median Drew County Market Value
$63,400
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dermott, Drew County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71638 | $9,820 | $18,800 | $39,700 | $83,600 | $134,930 |
Source: Ownwell
Property Tax Bills Across Dermott, Drew County, Arkansas
Property tax bills in Dermott are based on the assessed value of a home and the local tax rate set for Drew County and other taxing authorities. When a property’s assessed value rises, the tax bill can increase as well, while a lower assessed value can reduce what a homeowner owes. For homeowners in Dermott, the median home price is $39,700, which helps explain why bills in the area can be relatively modest compared with the national median property tax bill of $2,400.
What a homeowner pays depends on the property’s market value, the assessment process, and the tax rates applied to that value. In Dermott, the median property tax bill is $250 in ZIP code 71638, and both the highest and lowest median tax bill reported are $250. Tax bills can still vary from home to home, with the 25th percentile at $124, the 75th percentile at $586, and the 90th percentile at $1,079.
Median Dermott Tax Bill
$250
Median Drew County Tax Bill
$459
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Dermott, Drew County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71638 | $39 | $124 | $250 | $586 | $1,079 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Drew Tax Assessor | |
| Website | www.actdatascout.com |