Saffell, Independence County, Arkansas Property Taxes

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

Median Saffell, AR effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Saffell, AR home value: $69,250
Median annual Saffell, AR tax bill: $319, $2,081 lower than the national median property tax bill of $2,400.

How are property taxes in Independence County calculated?

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

Last Updated March 1, 2025

Saffell, Independence County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.48%

Estimate Property Tax Bill

$332

$308

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

Property Tax Rates Across Saffell, Independence County, Arkansas

Local government entities set tax rates, and these can vary significantly within a state. This is due to each county annually estimating its required budget to provide essential services, which is then divided by the total value of all taxable property within its area. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

You can compare Saffell’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S. Saffell, located in Independence County, has a median property tax rate of 0.48%, which is considerably lower than the national median rate of 1.02%. This means that property owners in Saffell enjoy a lower tax burden compared to many other areas across the country. Understanding these differences can be crucial for property owners in making informed financial decisions and planning for future expenses.

Property Tax Rates Across Saffell, 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 Saffell Tax Rate

0.48%

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 Saffell, Independence County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72572	0.11%	0.19%	0.48%	0.65%	0.89%

Source: Ownwell

Property Tax Assessment Values Across Saffell, Independence County, Arkansas

When examining property taxes in Saffell, 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 Assessor's Office 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 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 Saffell.

For example, the median home price in Saffell is $69,250, with tax bills ranging significantly across the county. Zip code 72572 has the highest median home price at $69,250.

Property Tax Assessment Values Across Saffell, Independence County, Arkansas

Source: Ownwell

$37,550

$61,275

$85,000

Median Saffell Market Value

$69,250

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 Saffell, Independence County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72572	$44,425	$56,025	$69,250	$149,362	$177,885

Source: Ownwell

Property Tax Bills Across Saffell, Independence County, Arkansas

Property tax bills in Saffell, Independence County, Arkansas, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value. In Saffell, the tax bills can vary significantly, with the 25th percentile at $87 and the 90th percentile reaching $1,158. The median home price in the area is $69,250, which influences the tax bill amount. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Saffell's property taxes are relatively low. However, homeowners can still benefit from ensuring their property is not over-assessed, which can lead to higher tax bills. This is where Ownwell comes in. By offering property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax liabilities. Our expertise in navigating the complexities of property tax assessments can lead to significant savings, ensuring that homeowners only pay their fair share.

Property Tax Bills Across Saffell, Independence County, Arkansas

Source: Ownwell

$150

$361

$572

Median Saffell Tax Bill

$319

Median Independence County Tax Bill

$426

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Saffell, Independence County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72572	$63	$87	$319	$904	$1,158

Source: Ownwell