Benton, Grant County, Arkansas Property Taxes
Property Taxes in Benton, Arkansas
Median Benton, Arkansas effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Benton, Arkansas home value: $110,350
Median annual Benton, Arkansas tax bill: $953, lower than the national median property tax bill of $2,400.
How are property taxes in Grant calculated?
Property taxes in Benton, 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 Benton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Benton, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Benton, Grant County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$1,048
$973
How Does the Benton Property Tax Calculator Work?
Use this Benton property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Benton's median effective tax rate of 0.95% — based on actual property records in Grant County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Benton's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Benton: rates range from 0.95% in 72015 to 0.95% in 72015, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Benton.
About Benton Property Taxes
About Property Taxes in Benton, Grant, Arkansas
Benton’s median effective property tax rate of 0.95% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Grant County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Benton. Homeowners in the 72015 ZIP code carry a median effective rate of 0.95%, while those in the same ZIP code also pay 0.95%. This reflects how school district boundaries and local assessment districts are drawn across Grant County. Understanding which part of Benton you live in can make a meaningful difference to your annual tax bill.
Benton homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the August 17, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Benton, Grant County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Benton’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
Our median effective property tax rate (tax bill Ă· 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 BentonTax Rate
0.95%
Our median effective property tax rate (tax bill Ă· 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 GrantCounty Tax Rate
0.90%
Median Effective ArkansasTax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Benton, Grant County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72015 | 0.70% | 0.86% | 0.95% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Benton, Grant County, Arkansas
When examining property taxes in Benton, 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 Grant County assessor 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 Grant 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 Benton.
For example, the median home price in Benton is $110,350, with tax bills ranging significantly across the county. 72015 has the highest median home price at $110,350.
Property Tax Assessment Values Across Benton, Grant County, Arkansas
Source: Ownwell
$41,600
$92,125
$142,650
Median Benton Market Value
$110,350
Median Grant County Market Value
$98,600
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Benton, Grant County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72015 | $19,300 | $52,350 | $110,350 | $160,250 | $237,450 |
Source: Ownwell
Property Tax Bills Across Benton, Grant County, Arkansas
Property tax bills in Benton are based on the assessed value of a home, which is then multiplied by the local tax rate. Local taxing authorities use the property’s market value, exemptions, and any applicable millage rates to determine the final bill. For homeowners, that means a higher assessed value can lead to a larger tax bill, while exemptions may reduce what is owed.
In Benton, the median home price is $110,350, and the median property tax bill is $953.00 in ZIP code 72015. That is below the national median property tax bill of $2,400 and far below the national median property tax rate of 1.02%. Tax bills can vary widely, with the 25th percentile at $495 and the 75th percentile at $1,402, showing how differences in assessed value and local rates affect what homeowners pay.
Median Benton Tax Bill
$953
Median Grant County Tax Bill
$786
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Benton, Grant County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72015 | $226 | $495 | $953 | $1,402 | $2,301 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Grant Tax Assessor | |
| Website | www.arcountydata.com |