Peach Orchard, Greene County, Arkansas Property Taxes

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

Median Peach Orchard, AR effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Peach Orchard, AR home value: $64,050
Median annual Peach Orchard, AR tax bill: $426, $1,974 lower than the national median property tax bill of $2,400.

How are property taxes in Greene County calculated?

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

Last Updated March 1, 2025

Peach Orchard, Greene County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$487

$452

Ownwell’s Peach Orchard Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Peach Orchard with just two data points. By entering your property's estimated assessed value, our calculator applies Peach Orchard’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 Greene County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Peach Orchard, Greene County, Arkansas

Local government entities determine tax rates, resulting in significant variability across a state. Each county, including Greene County, annually estimates the budget needed to deliver essential services. This budget is then divided by the total value of all taxable properties within the county, leading to the calculation of the property tax rate. Although the process involves votes and legislative measures, this is the fundamental approach to setting property taxes each year.

In Peach Orchard, the effective property tax rate can be compared to other cities in Arkansas as well as the state's median tax rate. With a median property tax rate of 0.76%, Arkansas has one of the lowest rates in the nation compared to the national median of 1.02%. This lower rate can result in significant savings for property owners. Understanding these rates helps homeowners make informed decisions about property ownership and potential tax savings.

Property Tax Rates Across Peach Orchard, Greene County, Arkansas

Source: Ownwell

0.73%

0.79%

0.86%

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 Peach Orchard Tax Rate

0.76%

Median Effective Greene County Tax Rate

0.84%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Peach Orchard, Greene County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72453	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Peach Orchard, Greene County, Arkansas

When examining property taxes in Peach Orchard, 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 Greene 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. Assessment notices: In Greene 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 Peach Orchard. For example, the median home price in Peach Orchard is $64,050, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Peach Orchard, Greene County, Arkansas

Source: Ownwell

$57,650

$93,725

$129,800

Median Peach Orchard Market Value

$64,050

Median Greene County Market Value

$101,950

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Peach Orchard, Greene County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72453	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Peach Orchard, Greene County, Arkansas

In Peach Orchard, located in Greene County, Arkansas, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in Peach Orchard is $64,050. Homeowners in this region typically see a tax bill around the 25th percentile at $355, while those at the 75th percentile receive bills of approximately $547. For the top 10% of tax bills, the amount can reach up to $1,164. These figures are notably below the national median property tax bill of $2,400, reflecting the region's relatively lower property tax burden. However, homeowners can still benefit from ensuring their assessed values are accurate to avoid overpaying. Ownwell assists homeowners by conducting thorough reviews of property assessments and identifying potential discrepancies that could lead to savings. By appealing incorrect assessments or securing exemptions, Ownwell helps reduce property tax bills, offering homeowners peace of mind and financial relief.

Property Tax Bills Across Peach Orchard, Greene County, Arkansas

Source: Ownwell

$415

$659

$903

Median Peach Orchard Tax Bill

$426

Median Greene County Tax Bill

$820

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Peach Orchard, Greene County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72453	N/A	N/A	N/A	N/A	N/A

Source: Ownwell