Rockport, Hot Spring County, Arkansas Property Taxes
Median Rockport, AR effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, and also lower than the Arkansas state median of 0.84%.
Median Rockport, AR home value: $64,225
Median annual Rockport, AR tax bill: $450, $1,950 lower than the national median property tax bill of $2,400.
How are property taxes in Hot Spring County calculated?
Property taxes in Rockport, 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 Rockport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rockport, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rockport, Hot Spring County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$475
$441
Property Tax Rates Across Rockport, Hot Spring County, Arkansas
Local government entities are responsible for setting property tax rates, which can significantly differ across a state. This variation occurs because counties annually determine their budgetary needs for public services and then divide this amount by the total value of all taxable properties within their boundaries. This process yields the property tax rate. Though the setting of tax rates and budgets involves votes and legislation, this is essentially the yearly procedure.
In Rockport, located in Hot Spring County, Arkansas, the effective property tax rate reflects these calculations. When comparing Rockport's rate to other cities in Arkansas, it's important to note that the median property tax rate here is 0.74%, which is below the national median of 1.02%. This means that property owners in Rockport may enjoy lower property tax bills compared to many other parts of the country, where the national median property tax bill is $2400. Understanding these dynamics can help property owners make informed decisions about their investments and financial planning.
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 Rockport Tax Rate
0.74%
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 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 Rockport, Hot Spring County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72104 | 0.27% | 0.49% | 0.74% | 1.10% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Rockport, Hot Spring County, Arkansas
When examining property taxes in Rockport, 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 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 Rockport. For example, the median home price in Rockport is $64,225, with tax bills ranging significantly across the county. Zip code 72104 has the highest median home price at $64,225.
Property Tax Assessment Values Across Rockport, Hot Spring County, Arkansas
Source: Ownwell
$41,600
$104,050
$166,500
Median Rockport Market Value
$64,225
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 Rockport, Hot Spring County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72104 | $15,548 | $35,238 | $64,225 | $93,669 | $133,200 |
Source: Ownwell
Property Tax Bills Across Rockport, Hot Spring County, Arkansas
Median Rockport Tax Bill
$450
Median Hot Spring County Tax Bill
$477
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Rockport, Hot Spring County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72104 | $94 | $249 | $450 | $727 | $1,113 |
Source: Ownwell