Sturkie, Fulton County, Arkansas Property Taxes
Median Sturkie, AR effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Sturkie, AR home value: $74,625
Median annual Sturkie, AR tax bill: $526, $1,874 lower than the national median property tax bill of $2,400.
How are property taxes in Fulton calculated?
Property taxes in Sturkie, 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 Sturkie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sturkie, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sturkie, Fulton County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.75%
Estimate Property Tax Bill
$572
$531
Property Tax Rates Across Sturkie, Fulton County, Arkansas
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation is due to each county estimating its budgetary needs annually to provide essential services and then dividing that by the total value of all taxable properties within its jurisdiction. This process determines the property tax rate. While the setting of tax rates and budgets involves votes and legislation, this is the essence of the annual procedure.
In Sturkie, located in Fulton County, Arkansas, the effective property tax rate offers an interesting comparison to other cities within the state and the national median. Arkansas typically has lower property tax rates compared to the national average, making it an attractive option for property owners seeking lower tax burdens. With a median property tax rate of 0.75%, Sturkie aligns with the state's tendency for more affordable property taxes. This rate is notably lower than the national median of 1.02%, highlighting Arkansas as a cost-effective choice for property investment and ownership.
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 Sturkie Tax Rate
0.75%
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
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sturkie, Fulton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72578 | 0.53% | 0.68% | 0.75% | 0.75% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Sturkie, Fulton County, Arkansas
When examining property taxes in Sturkie, 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's Office 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 Fulton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Sturkie.
For example, the median home price in Sturkie is $74,625, with tax bills ranging significantly across the county. Zip code 72578 has the highest median home price at $74,625.
Property Tax Assessment Values Across Sturkie, Fulton County, Arkansas
Source: Ownwell
$50,425
$71,988
$93,550
Median Sturkie Market Value
$76,300
Median Fulton County Market Value
$67,350
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sturkie, Fulton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72578 | $17,230 | $40,912 | $76,300 | $111,188 | $161,085 |
Source: Ownwell
Property Tax Bills Across Sturkie, Fulton County, Arkansas
In Sturkie, located in Fulton County, AR, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the property's market value. Homeowners in Sturkie experience property tax bills that vary significantly, with the 25th percentile at $271 and the 75th percentile reaching $764. This range highlights the variability in property tax burdens that homeowners face, influenced by factors such as property size, location, and market trends. Notably, the highest median tax bill in the area is $526, which is considerably below the national median property tax bill of $2400.
Ownwell assists homeowners in Sturkie by offering property tax appeal and exemption services. By analyzing the assessed value and ensuring it aligns with current market conditions, Ownwell helps identify opportunities for savings. This service can substantially reduce property tax burdens, ensuring that homeowners aren't overpaying and are taking advantage of all available exemptions.
Median Sturkie Tax Bill
$553
Median Fulton County Tax Bill
$491
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Sturkie, Fulton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72578 | $131 | $279 | $553 | $821 | $1,234 |
Source: Ownwell