Center Ridge, Faulkner County, Arkansas Property Taxes
Property Taxes in Center Ridge, Arkansas
Median Center Ridge, Arkansas effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Center Ridge, Arkansas home value: $63,700
Median annual Center Ridge, Arkansas tax bill: $519, lower by $1,881 than the national median property tax bill of $2,400.
How are property taxes in Faulkner calculated?
Property taxes in Center Ridge, 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 Center Ridge's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Center Ridge, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Center Ridge, Faulkner County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$561
$520
How Does the Center Ridge Property Tax Calculator Work?
Use this Center Ridge property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Center Ridge's median effective tax rate of 0.88% — based on actual property records in Faulkner County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Center Ridge'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 Center Ridge: rates range from the lowest to the highest ZIP, 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 Center Ridge.
About Center Ridge Property Taxes
About Property Taxes in Center Ridge, Faulkner, Arkansas
Center Ridge's median effective property tax rate of 0.88% is higher than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Faulkner 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 Center Ridge. Homeowners in the highest ZIP code carry a median effective rate of 0.88%, while those in the lowest ZIP code pay 0.88%. This spread reflects how school district boundaries and local assessment districts are drawn across Faulkner County. Understanding which part of Center Ridge you live in can make a meaningful difference to your annual tax bill.
Center Ridge 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 Center Ridge, Faulkner 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 Center Ridge'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 Center Ridge Tax Rate
0.88%
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 Faulkner County Tax Rate
0.76%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Center Ridge, Faulkner County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72027 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Center Ridge, Faulkner County, Arkansas
When examining property taxes in Center Ridge, 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. Faulkner County 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 Faulkner County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.
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 Center Ridge.
For example, the median home price in Center Ridge is $63,700, with tax bills ranging significantly across the county. The median tax bill is $519, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Center Ridge, Faulkner County, Arkansas
Source: Ownwell
$19,500
$132,050
$244,600
Median Center Ridge Market Value
$63,700
Median Faulkner County Market Value
$196,550
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Center Ridge, Faulkner County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72027 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Center Ridge, Faulkner County, Arkansas
How are property tax bills calculated in Center Ridge?
Property tax bills in Center Ridge are based on the assessed value of a home, which is then multiplied by the local tax rate set by the county and other taxing authorities. The assessed value is influenced by the market value of the property, along with any exemptions or special assessments that may apply. For homeowners, this means a higher assessed value generally leads to a higher tax bill, while a lower assessed value can reduce what is owed.
What affects the amount a homeowner pays?
Several factors can shape the final bill, including changes in market conditions, local tax rates, and whether the property qualifies for exemptions. In Center Ridge, where the median home price is $63,700, property taxes are often a meaningful part of ownership costs. Typical tax bills range from $377 at the 25th percentile to $662 at the 75th percentile, with the 90th percentile reaching $747. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, many homeowners in Center Ridge pay less overall, but the bill still depends on how the property is assessed.
Median Center Ridge Tax Bill
$519
Median Faulkner County Tax Bill
$1,409
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Center Ridge, Faulkner County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72027 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Faulkner Tax Assessor | |
| Website | www.arcountydata.com |