Mount Pleasant, Izard County, Arkansas Property Taxes
Property Taxes in Mount Pleasant, Arkansas
Median Mount Pleasant, Arkansas effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Mount Pleasant, Arkansas home value: $56,250
Median annual Mount Pleasant, Arkansas tax bill: $266, $2,134 lower than the national median property tax bill of $2,400.
How are property taxes in Izard calculated?
Property taxes in Mount Pleasant, 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 Mount Pleasant's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mount Pleasant, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Mount Pleasant, Izard County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.61%
Estimate Property Tax Bill
$343
$318
How Does the Mount Pleasant Property Tax Calculator Work?
Use this Mount Pleasant property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mount Pleasant's median effective tax rate of 0.61% — 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 Mount Pleasant'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 Mount Pleasant: rates differ across local taxing jurisdictions, 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 Mount Pleasant.
About Mount Pleasant Property Taxes
About Property Taxes in Mount Pleasant, Izard, Arkansas
Mount Pleasant's median effective property tax rate of 0.61% is lower 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 Mount Pleasant. Homeowners in different parts of the city can face different tax burdens because school district boundaries and local assessment districts are drawn across Izard County. Understanding which part of Mount Pleasant you live in can make a meaningful difference to your annual tax bill.
Mount Pleasant homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Mount Pleasant, 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 Mount Pleasant'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 Mount Pleasant Tax Rate
0.61%
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 Izard County Tax Rate
0.75%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mount Pleasant, Izard County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72561 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Mount Pleasant, Izard County, Arkansas
When examining property taxes in Mount Pleasant, 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 assessor 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 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 Mount Pleasant.
For example, the median home price in Mount Pleasant is $56,250, with tax bills ranging significantly across the county. The median tax bill is $266, while the 25th percentile is $92 and the 75th percentile is $636.
Property Tax Assessment Values Across Mount Pleasant, Izard County, Arkansas
Source: Ownwell
$18,150
$90,913
$163,675
Median Mount Pleasant Market Value
$56,250
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 Mount Pleasant, Izard County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72561 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Mount Pleasant, Izard County, Arkansas
How are property tax bills calculated in Mount Pleasant?
Property tax bills in Mount Pleasant 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 amount owed. For many homeowners, the final bill depends on factors such as the home’s location, any exemptions that may apply, and the rates set by the county and other local jurisdictions.
What do homeowners typically pay?
With a median home price of $56,250, property tax bills in Mount Pleasant are often modest compared with the national median property tax bill of $2,400. The 25th percentile bill is $92, while the 75th percentile is $636 and the 90th percentile is $1,137. That means many homeowners pay well below the national median, though bills can still vary widely from one property to another.
How does this affect homeowners?
A lower assessed value can keep taxes manageable, but any increase in assessment or tax rates can raise the bill quickly.
Median Mount Pleasant Tax Bill
$266
Median Izard County Tax Bill
$356
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Mount Pleasant, Izard County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72561 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Izard Tax Assessor | |
| Website | www.actdatascout.com |