Pleasant Plains, Independence County, Arkansas Property Taxes

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

Median Pleasant Plains, AR effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Pleasant Plains, AR home value: $53,425
Median annual Pleasant Plains, AR tax bill: $273, $2,127 lower than the national median property tax bill of $2,400.

How are property taxes in Independence calculated?

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

Last Updated March 1, 2025

Pleasant Plains, Independence County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$321

$297

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

Property Tax Rates Across Pleasant Plains, Independence County, Arkansas

Local government entities determine property tax rates, which can differ significantly even within the same state. This variation stems from the fact that each county calculates its annual budget needs to fund local services and then divides this amount by the total assessed value of all taxable properties in its jurisdiction. This calculation establishes the property tax rate. Although voting and legal frameworks play a role in setting these rates and budgets, this is essentially the yearly process.

In Pleasant Plains, located in Independence County, Arkansas, the effective property tax rate is 0.60%. This rate is consistent across the region, making it both the highest and lowest within the county. When compared to the national median property tax rate of 1.02%, Pleasant Plains offers a more favorable tax environment. Similarly, the median property tax bill in the area is likely below the national median of $2,400, providing potential savings for property owners. This makes Pleasant Plains an attractive locale for those seeking lower property tax obligations while still enjoying the benefits of local services.

Property Tax Rates Across Pleasant Plains, Independence County, Arkansas

Source: Ownwell

0.48%

0.70%

0.92%

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 Pleasant Plains Tax Rate

0.60%

Median Effective Independence County Tax Rate

0.72%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pleasant Plains, Independence County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72568	0.13%	0.27%	0.60%	0.94%	0.94%

Source: Ownwell

Property Tax Assessment Values Across Pleasant Plains, Independence County, Arkansas

When examining property taxes in Pleasant Plains, 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 Independence 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 Independence 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 Pleasant Plains. For example, the median home price in Pleasant Plains is $53,425, with tax bills ranging significantly across the county. Zip code 72568 has the highest median home price at $53,425.

Property Tax Assessment Values Across Pleasant Plains, Independence County, Arkansas

Source: Ownwell

$37,550

$61,275

$85,000

Median Pleasant Plains Market Value

$53,425

Median Independence County Market Value

$66,400

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pleasant Plains, Independence County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72568	$16,280	$29,762	$53,425	$88,800	$130,155

Source: Ownwell

Property Tax Bills Across Pleasant Plains, Independence County, Arkansas

In Pleasant Plains, located in Independence County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $53,425, and property tax bills can range significantly. For example, the 25th percentile tax bill is $91, while the 75th percentile reaches $572, and the 90th percentile can go up to $872. These figures highlight the variance in tax obligations among homeowners. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Pleasant Plains homeowners generally experience lower tax burdens. However, these taxes still impact household budgets. Ownwell offers services to help homeowners in Pleasant Plains potentially lower their property tax bills. By providing expert property tax appeal and exemption services, Ownwell can identify discrepancies in property assessments, ensuring homeowners are not overpaying. This can lead to significant savings, easing the financial load on homeowners in the area.

Property Tax Bills Across Pleasant Plains, Independence County, Arkansas

Source: Ownwell

$150

$361

$572

Median Pleasant Plains Tax Bill

$273

Median Independence County Tax Bill

$426

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Pleasant Plains, Independence County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72568	$53	$91	$273	$572	$872

Source: Ownwell