Bonnerdale, Garland County, Arkansas Property Taxes
Median Bonnerdale, AR effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%. Median Bonnerdale, AR home value: $123,450. Median annual Bonnerdale, AR tax bill: $660, $1,740 lower than the national median property tax bill of $2,400.
How are property taxes in Garland County calculated?
Property taxes in Bonnerdale, 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 Bonnerdale’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bonnerdale, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bonnerdale, Garland County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$630
$584
Ownwell’s Bonnerdale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bonnerdale with just two data points.
By entering your property's estimated assessed value, our calculator applies Bonnerdale’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 Garland County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Bonnerdale, Garland County, Arkansas
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 Bonnerdale Tax Rate
0.51%
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 Garland County Tax Rate
0.59%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bonnerdale, Garland County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71933 | 0.16% | 0.33% | 0.51% | 0.74% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Bonnerdale, Garland County, Arkansas
When examining property taxes in Bonnerdale, 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 Garland 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.
Assessment notices in Garland County 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 Bonnerdale. For example, the median home price in Bonnerdale is $123,450, with tax bills ranging significantly across the county. Zip code 71933 has the highest median home price at $123,450.
Property Tax Assessment Values Across Bonnerdale, Garland County, Arkansas
Source: Ownwell
$42,475
$132,888
$223,300
Median Bonnerdale Market Value
$123,450
Median Garland County Market Value
$162,300
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bonnerdale, Garland County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71933 | $29,450 | $59,738 | $123,450 | $233,962 | $399,115 |
Source: Ownwell
Property Tax Bills Across Bonnerdale, Garland County, Arkansas
In Bonnerdale, located in Garland County, Arkansas, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of its market value. Homeowners in this region face property tax bills that can vary significantly, with the 25th percentile at $244 and the 75th percentile reaching $1,288. The 90th percentile tax bill climbs to $2,753, reflecting the potential financial burden on some homeowners. The median tax bill in Bonnerdale aligns with the county's highest and lowest median tax bill of $660, which is below the national median property tax bill of $2,400.
Factors such as property improvements and neighborhood changes can influence the assessed value and, consequently, the tax bill. Homeowners can find relief by working with Ownwell, which specializes in property tax appeals and exemptions. By leveraging expert knowledge and local data, Ownwell can help homeowners identify potential savings and reduce their property tax bills, ensuring they pay only their fair share.
Median Bonnerdale Tax Bill
$660
Median Garland County Tax Bill
$863
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Bonnerdale, Garland County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71933 | $85 | $244 | $660 | $1,288 | $2,753 |
Source: Ownwell