Perla, Hot Spring County, Arkansas Property Taxes

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

Median Perla, AR effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Perla, AR home value: $6,662
Median annual Perla, AR tax bill: $61, $2,339 lower than the national median property tax bill of $2,400.

How are property taxes in Hot Spring County calculated?

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

Last Updated March 1, 2025

Perla, Hot Spring County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$69

$64

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

Property Tax Rates Across Perla, Hot Spring County, Arkansas

Local government entities determine property tax rates, which can differ significantly across Arkansas. Each year, counties like Hot Spring estimate their necessary budget to deliver public services and divide this by the total value of all taxable property within their borders. This calculation establishes the property tax rate. While the process involves votes and legislation to finalize tax rates and budgets, this is the essential annual procedure.

In Perla, located in Hot Spring County, the effective property tax rate can be compared to other cities in Arkansas, as well as the median property tax rates at the state and national levels. Arkansas has a median property tax rate of 1.04%, slightly above the national median of 1.02%. This comparison highlights how Perla's property tax landscape fits into the broader context of state and national averages. Understanding these differences can help property owners in Perla navigate their property tax obligations more effectively.

Property Tax Rates Across Perla, Hot Spring County, Arkansas

Source: Ownwell

0.43%

0.71%

1.00%

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 Perla Tax Rate

1.04%

Median Effective Hot Spring County Tax Rate

0.79%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Perla, Hot Spring County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72104	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Perla, Hot Spring County, Arkansas

When examining property taxes in Perla, 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 Hot Spring 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 Hot Spring 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 Perla. For example, the median home price in Perla is $6,662, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Perla, Hot Spring County, Arkansas

Source: Ownwell

$41,600

$104,050

$166,500

Median Perla Market Value

$6,662

Median Hot Spring County Market Value

$64,425

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Perla, Hot Spring County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72104	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Perla, Hot Spring County, Arkansas

In Perla, located in Hot Spring County, AR, property tax bills are calculated based on the assessed value of a home, which is a fraction of the market value. The median home price in Perla is notably low at $6,662, leading to relatively modest property tax bills. For instance, homeowners in the 25th percentile pay around $54, while those in the 75th percentile pay about $69. Even at the 90th percentile, the tax bill is only $74. This is significantly lower than the national median property tax bill of $2,400, reflecting the area's lower property values and tax rates. However, even with these lower bills, ensuring you are not overpaying is crucial. Ownwell assists homeowners by reviewing their property tax assessments and identifying opportunities for appeals or exemptions, potentially reducing their tax burden. By leveraging expert knowledge and local insights, Ownwell can help Perla homeowners maximize their savings, ensuring they only pay their fair share and potentially freeing up funds for other needs.

Property Tax Bills Across Perla, Hot Spring County, Arkansas

Source: Ownwell

$247

$753

$1,258

Median Perla Tax Bill

$61

Median Hot Spring County Tax Bill

$477

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Perla, Hot Spring County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72104	N/A	N/A	N/A	N/A	N/A

Source: Ownwell