Viola, Fulton County, Arkansas Property Taxes
Median Viola, AR effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Viola, AR home value: $73,100
Median annual Viola, AR tax bill: $594, $1,806 lower than the national median property tax bill of $2,400.
How are property taxes in Fulton County calculated?
Property taxes in Viola, 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 Viola’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Viola, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Viola, Fulton County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$658
$611
Property Tax Rates Across Viola, Fulton County, Arkansas
Local government entities set tax rates, which can vary widely within a state. The process involves each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
Below, you can compare Viola’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S. With a median property tax rate of 0.90%, Viola, located in Fulton County, aligns closely with the state's average. This rate is notably lower than the national median property tax rate of 1.02%. Such a comparison highlights the relative affordability of property taxes in Viola compared to other regions across the nation. Understanding these differences can be crucial for property owners looking to manage their expenses effectively. Whether you are a resident or considering moving to Viola, these insights into property tax rates can help you make informed financial decisions.
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 Viola Tax Rate
0.90%
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 Viola, Fulton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72583 | 0.64% | 0.76% | 0.90% | 0.93% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Viola, Fulton County, Arkansas
When examining property taxes in Viola, 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 appraisal district 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 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 Viola.
For example, the median home price in Viola is $73,100, with tax bills ranging significantly across the county. Zip code 72583 has the highest median home price at $73,100.
Property Tax Assessment Values Across Viola, Fulton County, Arkansas
Source: Ownwell
$51,550
$72,700
$93,850
Median Viola Market Value
$73,100
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 Viola, Fulton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72583 | $17,910 | $38,362 | $73,100 | $114,688 | $158,725 |
Source: Ownwell
Property Tax Bills Across Viola, Fulton County, Arkansas
In Viola, located in Fulton County, AR, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $73,100, Viola's property tax bills are notably lower than the national median, reflecting the area's affordable housing costs. Homeowners in this region can expect tax bills ranging from the 25th percentile at $301 to the 90th percentile at $1,403. The highest and lowest median tax bills both stand at $594, which is significantly below the national median property tax bill of $2,400. These figures illustrate the relative affordability of property taxes in Viola compared to many other regions in the United States.
For homeowners looking to reduce their property tax bills, Ownwell offers expert property tax appeal services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners secure fair tax valuations, potentially saving them hundreds of dollars annually. This service is particularly beneficial in ensuring that homeowners are not overpaying, providing peace of mind and financial relief.
Median Viola Tax Bill
$594
Median Fulton County Tax Bill
$483
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Viola, Fulton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72583 | $150 | $301 | $594 | $974 | $1,403 |
Source: Ownwell