Guion, Izard County, Arkansas Property Taxes
Property Taxes in Guion, Arkansas
Median Guion, Arkansas effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, and higher than the Arkansas state median of 0.81%.
Median Guion, Arkansas home value: $34,825
Median annual Guion, Arkansas tax bill: $314, lower than the national median property tax bill of $2,400.
How are property taxes in Izard calculated?
Property taxes in Guion, Arkansas 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 Guion's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Guion, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Guion, Izard County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$320
$297
How Does the Guion Property Tax Calculator Work?
Use this Guion property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Guion's median effective tax rate of 0.92% — based on actual property records in Izard County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Guion's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Guion: rates range from 0.92% in 72540 to 0.92% in 72540, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Guion.
About Guion Property Taxes
About Property Taxes in Guion, Izard, Arkansas
Guion’s median effective property tax rate of 0.92% is higher than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Izard County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Guion. Homeowners in the 72540 ZIP code carry a median effective rate of 0.92%, while those in the same ZIP code also pay 0.92%. This spread reflects how school district boundaries and local assessment districts are drawn across Izard County. Understanding which part of Guion you live in can make a meaningful difference to your annual tax bill.
Guion homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the August 17, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Guion, Izard County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Guion's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
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 GuionTax Rate
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 IzardCounty Tax Rate
0.75%
Median Effective ArkansasTax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Guion, Izard County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72540 | 0.37% | 0.60% | 0.92% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Guion, Izard County, Arkansas
When examining property taxes in Guion, 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 Izard 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 Izard County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Guion.
For example, the median home price in Guion is $34,825, with tax bills ranging significantly across the county. 72540 has the highest median home price at $34,825.
Property Tax Assessment Values Across Guion, Izard County, Arkansas
Source: Ownwell
$18,150
$90,913
$163,675
Median Guion Market Value
$34,825
Median Izard County Market Value
$60,400
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Guion, Izard County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72540 | $11,035 | $20,688 | $34,825 | $70,475 | $149,215 |
Source: Ownwell
Property Tax Bills Across Guion, Izard County, Arkansas
How are property tax bills calculated in Guion?
Property tax bills in Guion are based on the assessed value of a home, not its market price. Local taxing authorities apply their tax rates to that assessed value to determine the final bill, so changes in valuation can directly affect what homeowners owe.
What factors are considered when the bill is set?
The main factors are the property’s assessed value, the local tax rate, and any exemptions that may apply. Homes with higher assessed values generally face higher tax bills, while lower-valued properties usually owe less. In Guion, the median home price is $34,825, and the median property tax bill is $314, which is well below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
How does this affect homeowners?
Because the tax bill is tied to assessed value, homeowners can see their bill rise if their home is valued higher. For many residents, that means property taxes are a manageable part of housing costs, but even modest increases can make a difference.
Median Guion Tax Bill
$314
Median Izard County Tax Bill
$356
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Guion, Izard County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72540 | $68 | $155 | $314 | $602 | $1,271 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Izard Tax Assessor | |
| Website | www.actdatascout.com |