Glencoe, Fulton County, Arkansas Property Taxes

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

Median Glencoe, Arkansas effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Glencoe, Arkansas home value: $68,300
Median annual Glencoe, Arkansas tax bill: $433, $1,967 lower than the national median property tax bill of $2,400.

How are property taxes in Fulton County calculated?

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

Last Updated March 1, 2025

Glencoe, Fulton County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.73%

Estimate Property Tax Bill

$499

$463

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

Property Tax Rates Across Glencoe, Fulton County, Arkansas

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budget needs to provide essential services and divides this by the total assessed value of all taxable property within its jurisdiction. This process determines the property tax rate. While the process involves votes and laws, this is the essence of how it works each year.

In Glencoe, located in Fulton County, Arkansas, the effective property tax rate reflects this annual budgeting process. When compared to other cities in Arkansas, Glencoe's rate offers insight into the local fiscal landscape. Arkansas, with its median property tax rate of 0.73%, has rates that are notably lower than the national median of 1.02%. This lower rate translates into a smaller property tax burden for homeowners compared to the national average, making it an attractive option for property owners. Understanding these rates is crucial for property owners considering tax appeals or exemptions, as it helps them gauge their tax responsibilities relative to other regions.

Property Tax Rates Across Glencoe, Fulton County, Arkansas

Source: Ownwell

0.65%

0.79%

0.93%

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 Glencoe Tax Rate

0.73%

Median Effective Fulton County Tax Rate

0.75%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Glencoe, Fulton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72539	0.50%	0.63%	0.73%	0.75%	0.75%

Source: Ownwell

Property Tax Assessment Values Across Glencoe, Fulton County, Arkansas

When examining property taxes in Glencoe, 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 Fulton 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: Fulton County assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Glencoe. For example, the median home price in Glencoe is $68,300, with tax bills ranging significantly across the county. Zip code 72539 has the highest median home price at $68,300.

Property Tax Assessment Values Across Glencoe, Fulton County, Arkansas

Source: Ownwell

$51,550

$72,700

$93,850

Median Glencoe Market Value

$68,300

Median Fulton County Market Value

$68,050

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Glencoe, Fulton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72539	$20,070	$36,850	$68,300	$107,612	$147,685

Source: Ownwell

Property Tax Bills Across Glencoe, Fulton County, Arkansas

In Glencoe, property tax bills are determined by assessing the value of a property and applying the local tax rate. With a median home price of $68,300, homeowners in Glencoe can expect their property tax bills to vary significantly, ranging from $242 at the 25th percentile to $1,014 at the 90th percentile. The median tax bill in Glencoe is $433, which is significantly lower than the national median property tax bill of $2,400. This means that while Glencoe homeowners generally pay less than the national average, understanding how these taxes are calculated remains crucial. Factors such as changes in the assessed value of a property or shifts in local tax rates can influence the amount owed annually. That's where Ownwell comes in. By offering property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax burden. With expert guidance and support, homeowners can ensure they are not overpaying on their property taxes, making it easier to manage their annual expenses.

Property Tax Bills Across Glencoe, Fulton County, Arkansas

Source: Ownwell

$311

$488

$665

Median Glencoe Tax Bill

$433

Median Fulton County Tax Bill

$483

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Glencoe, Fulton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72539	$141	$242	$433	$757	$1,014

Source: Ownwell