Maumelle, Faulkner County, Arkansas Property Taxes

Name: Property Tax Bills Across Maumelle, Faulkner County, Arkansas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Maumelle, AR effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Maumelle, AR home value: $257,475
Median annual Maumelle, AR tax bill: $2,516, $116 higher than the national median property tax bill of $2,400.

How are property taxes in Faulkner County calculated?

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

Last Updated March 1, 2025

Maumelle, Faulkner County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.98%

Estimate Property Tax Bill

$2,523

$2,342

Ownwell’s Maumelle Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Maumelle with just two data points. By entering your property's estimated assessed value, our calculator applies Maumelle’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 Faulkner County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Maumelle, Faulkner County, Arkansas

Local government entities set tax rates, which can vary widely within a state. 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 Maumelle’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.

Maumelle in Faulkner County, Arkansas, offers residents a property tax rate that is competitive when compared to both state and national figures. With Arkansas's median property tax rate at 0.98%, it stands below the national median of 1.02%. This lower rate can lead to significant savings for homeowners in Maumelle. The median property tax bill in Arkansas is also notably lower than the national median, making it an attractive location for property investment. Understanding these figures can help property owners in Maumelle make informed decisions about their investments and potential savings through property tax appeals and exemptions.

Property Tax Rates Across Maumelle, Faulkner County, Arkansas

Source: Ownwell

0.89%

0.95%

1.01%

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 Maumelle Tax Rate

0.98%

Median Effective Faulkner County Tax Rate

0.96%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Maumelle, Faulkner County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72113	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Maumelle, Faulkner County, Arkansas

When examining property taxes in Maumelle, 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 Faulkner County 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.

In Faulkner 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 Maumelle.

For example, the median home price in Maumelle is $257,475, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Maumelle, Faulkner County, Arkansas

Source: Ownwell

$77,575

$128,063

$178,550

Median Maumelle Market Value

$257,475

Median Faulkner County Market Value

$149,500

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Maumelle, Faulkner County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72113	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Maumelle, Faulkner County, Arkansas

In Maumelle, Faulkner County, AR, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value. Homeowners in Maumelle face property tax bills that can vary significantly, with the 25th percentile at $1,580 and the 75th percentile reaching $3,452. The median home price in the area is $257,475, which influences the assessed value and, consequently, the tax bill. Compared to the national median property tax bill of $2,400, Maumelle's tax bills can be relatively high, especially for those at the upper end of the scale, like the 90th percentile at $4,013. This can place a financial burden on homeowners, impacting their budgets and long-term financial plans. Ownwell offers valuable assistance by identifying potential exemptions and appealing over-assessed property values, helping homeowners reduce their tax liabilities. By leveraging expert knowledge, Ownwell ensures homeowners pay only their fair share, providing peace of mind and potential savings.

Property Tax Bills Across Maumelle, Faulkner County, Arkansas

Source: Ownwell

$620

$1,157

$1,693

Median Maumelle Tax Bill

$2,516

Median Faulkner County Tax Bill

$1,390

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Maumelle, Faulkner County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72113	N/A	N/A	N/A	N/A	N/A

Source: Ownwell