Amagon, Jackson County, Arkansas Property Taxes
Median Amagon, AR effective property tax rate: 0.92%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Amagon, AR home value: $31,575
Median annual Amagon, AR tax bill: $352, $2,048 lower than the national median property tax bill of $2,400.
How are property taxes in Jackson County calculated?
Property taxes in Amagon, 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 Amagon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Amagon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Amagon, Jackson County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$290
$270
Property Tax Rates Across Amagon, Jackson County, Arkansas
Local government entities determine tax rates, which can vary significantly within a state. 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.
In Amagon, located in Jackson County, Arkansas, the effective property tax rate is 0.92%. This rate is slightly below the national median property tax rate of 1.02%. Despite being lower than the national average, it is important to consider the assessed value of your property and how it impacts your annual tax bill.
Comparing Amagon's tax rate to other cities within Arkansas, you will find that it aligns with the state's median, offering a balanced approach to property taxation. Understanding these rates can empower property owners to make informed decisions and potentially appeal their property taxes if they believe their assessment is inaccurate. By staying informed, property owners can ensure they are not overpaying and can take advantage of any available exemptions.
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 Amagon Tax 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 Jackson County Tax Rate
0.90%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Amagon, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72005 | 0.25% | 0.56% | 0.92% | 0.92% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Amagon, Jackson County, Arkansas
When examining property taxes in Amagon, 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 Jackson 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.
In Jackson 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 Amagon.
For example, the median home price in Amagon is $31,575, with tax bills ranging significantly across the county. The zip code 72005 has the highest median home price at $31,575.
Property Tax Assessment Values Across Amagon, Jackson County, Arkansas
Source: Ownwell
$18,000
$36,925
$55,850
Median Amagon Market Value
$31,575
Median Jackson County Market Value
$45,225
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Amagon, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72005 | $5,360 | $11,638 | $31,575 | $67,238 | $132,140 |
Source: Ownwell
Property Tax Bills Across Amagon, Jackson County, Arkansas
Median Amagon Tax Bill
$352
Median Jackson County Tax Bill
$308
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Amagon, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72005 | $43 | $116 | $352 | $694 | $1,071 |
Source: Ownwell