Royal, Garland County, Arkansas Property Taxes

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

Median ROYAL, AR effective property tax rate: 0.57%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median ROYAL, AR home value: $144,650
Median annual ROYAL, AR tax bill: $809, $1,591 lower than the national median property tax bill of $2,400.

How are property taxes in Garland County calculated?

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

Last Updated March 1, 2025

Royal, Garland County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.57%

Estimate Property Tax Bill

$825

$765

Ownwell’s Royal Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Royal with just two data points. By entering your property's estimated assessed value, our calculator applies Royal’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 Royal, Garland County, Arkansas

Local government entities determine tax rates, which can significantly differ within a state. This variation arises because each county annually estimates its necessary budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process. In Royal, located in Garland County, Arkansas, the effective property tax rate is notably lower compared to other regions. With a median tax rate of 0.57%, Royal falls well below both the state and national medians. This can be advantageous for property owners in Royal, as it translates to lower annual tax bills. When compared to the national median property tax rate of 1.02% and a median property tax bill of $2400, Royal's rates offer a more affordable option for homeowners. This lower tax burden can make Royal an attractive location for those looking to reduce their property tax expenses while still enjoying the benefits of local services.

Property Tax Rates Across Royal, Garland County, Arkansas

Source: Ownwell

0.43%

0.67%

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 Royal Tax Rate

0.57%

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 Royal, Garland County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71968	0.18%	0.38%	0.57%	0.72%	0.88%

Source: Ownwell

Property Tax Assessment Values Across Royal, Garland County, Arkansas

When examining property taxes in Royal, 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 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 Garland 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 Royal. For example, the median home price in Royal is $144,650, with tax bills ranging significantly across the county. Zip code 71968 has the highest median home price at $144,650.

Property Tax Assessment Values Across Royal, Garland County, Arkansas

Source: Ownwell

$42,475

$132,888

$223,300

Median Royal Market Value

$144,650

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 Royal, Garland County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71968	$33,650	$68,550	$144,650	$259,550	$405,100

Source: Ownwell

Property Tax Bills Across Royal, Garland County, Arkansas

In Royal, Garland County, AR, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, property size, and improvements. Homeowners in Royal face a median property tax bill of $809, considerably lower than the national median of $2,400. However, even within Royal, tax bills can vary significantly, with the 25th percentile at $335 and the 90th percentile reaching $2,645. These variations highlight the importance of understanding the factors contributing to property tax assessments. High property taxes can strain household finances, making it essential for homeowners to explore potential savings. This is where Ownwell comes in, offering expert property tax appeal and exemption services. By identifying discrepancies in assessments and guiding homeowners through the appeal process, Ownwell helps reduce tax burdens, ensuring homeowners pay only their fair share.

Property Tax Bills Across Royal, Garland County, Arkansas

Source: Ownwell

$241

$964

$1,686

Median Royal Tax Bill

$809

Median Garland County Tax Bill

$863

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Royal, Garland County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71968	$130	$335	$809	$1,539	$2,645

Source: Ownwell