Star City, Drew County, Arkansas Property Taxes
Median STAR CITY, AR effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median STAR CITY, AR home value: $26,950
Median annual STAR CITY, AR tax bill: $468, $1,932 lower than the national median property tax bill of $2,400.
How are property taxes in Drew County calculated?
Property taxes in STAR CITY, 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 STAR CITY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in STAR CITY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Star City, Drew County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$191
$178
Property Tax Rates Across Star City, Drew County, Arkansas
Local government entities set property tax rates, which can vary significantly within a state. Each county annually estimates its required budget to provide necessary services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Star City, located in Drew County, Arkansas, the effective property tax rate offers a unique perspective when compared to other cities within the state. The median property tax rate in Arkansas is 0.71%, which is lower than the national median property tax rate of 1.02%. This means that homeowners in Star City generally enjoy a more favorable tax burden compared to many other areas across the country.
Understanding these differences in property tax rates can help homeowners make informed decisions about their property investments. Whether considering an appeal or seeking exemptions, being aware of how property taxes are assessed and how they compare to state and national averages is crucial for managing financial responsibilities effectively.
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 Star City Tax Rate
0.71%
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 Drew County Tax Rate
0.81%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Star City, Drew County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71667 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Star City, Drew County, Arkansas
When examining property taxes in Star City, 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 Assessor's Office 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 Drew 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 Star City.
For example, the median home price in Star City is $26,950, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Star City, Drew County, Arkansas
Source: Ownwell
$20,325
$44,463
$68,600
Median Star City Market Value
$26,950
Median Drew County Market Value
$62,550
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Star City, Drew County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71667 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Star City, Drew County, Arkansas
Median Star City Tax Bill
$468
Median Drew County Tax Bill
$445
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Star City, Drew County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71667 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell