Glencoe, Fulton County, Arkansas Property Taxes
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
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$499
$463
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.
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%
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 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
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
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