Wooster, Faulkner County, Arkansas Property Taxes
Property Taxes in Wooster, Arkansas
Median Wooster, Arkansas effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Wooster, Arkansas home value: $186,250
Median annual Wooster, Arkansas tax bill: $1,238, lower by $1,162 than the national median property tax bill of $2,400.
How are property taxes in Faulkner calculated?
Property taxes in Wooster, 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 Wooster's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wooster, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Wooster, Faulkner County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.81%
Estimate Property Tax Bill
$1,509
$1,400
How Does the Wooster Property Tax Calculator Work?
Use this Wooster property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Wooster's median effective tax rate of 0.81% — based on actual property records in Faulkner 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 Wooster'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 Wooster: rates range from 0.81% in 72181 to 0.81% in 72181, 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 Wooster.
About Wooster Property Taxes
About Property Taxes in Wooster, Faulkner, Arkansas
Wooster's median effective property tax rate of 0.81% is lower 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 Wooster. Homeowners in the 72181 ZIP code carry a median effective rate of 0.81%, while those in 72181 pay 0.81%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Faulkner County. Understanding which part of Wooster you live in can make a meaningful difference to your annual tax bill.
Wooster homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before August 17, 2026 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 Wooster, 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 Wooster'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 Wooster Tax Rate
0.81%
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 Wooster, Faulkner County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72181 | 0.51% | 0.68% | 0.81% | 0.89% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Wooster, Faulkner County, Arkansas
When examining property taxes in Wooster, 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.
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. For property owners in Wooster, this helps explain how property taxes are determined and why reviewing your notice matters.
For example, the median home price in Wooster is $186,250, with tax bills ranging significantly across the county. 72181 has the highest median home price at $186,250.
Property Tax Assessment Values Across Wooster, Faulkner County, Arkansas
Source: Ownwell
$19,500
$132,050
$244,600
Median Wooster Market Value
$186,250
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 Wooster, Faulkner County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72181 | $17,820 | $68,300 | $186,250 | $283,450 | $420,910 |
Source: Ownwell
Property Tax Bills Across Wooster, Faulkner County, Arkansas
Property tax bills in Wooster are based on the assessed value of a home, not its market price. Local tax rates are applied to that assessment to determine the amount a homeowner owes each year. For many owners, the size of the bill depends on how the property is classified, the accuracy of the assessment, and any exemptions that may reduce taxable value.
With a median home price of $186,250, the typical tax burden can still vary widely from one homeowner to another. In this area, the 25th percentile tax bill is $520, while the 75th percentile is $2,330 and the 90th percentile reaches $3,369. The median tax bill in ZIP code 72181 is $1,238, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
For homeowners, property taxes can have a meaningful effect on monthly budgets and long-term housing costs, making it important to understand how the bill is calculated.
Median Wooster Tax Bill
$1,238
Median Faulkner County Tax Bill
$1,409
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Wooster, Faulkner County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72181 | $140 | $520 | $1,238 | $2,330 | $3,369 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Faulkner Tax Assessor | |
| Website | www.arcountydata.com |