Bradford, Jackson County, Arkansas Property Taxes
Median Bradford, Arkansas 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 Bradford, Arkansas home value: $34,600
Median annual Bradford, Arkansas tax bill: $196, $2,204 lower than the national median property tax bill of $2,400.
How are property taxes in Jackson County calculated?
Property taxes in Bradford, 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 Bradford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bradford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bradford, 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
$318
$295
Property Tax Rates Across Bradford, Jackson County, Arkansas
Local government entities set tax rates, which can vary widely within a state. 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 Bradford’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
In Bradford, located in Jackson County, the median property tax rate is 0.92%. This rate is slightly below the national median property tax rate of 1.02%. Homeowners in Bradford benefit from a lower property tax bill compared to the national median of $2400. When comparing Bradford to other cities in Arkansas, you will find that the property tax rates are consistent across the state, with Bradford’s rate being representative of the state’s overall tax climate. This consistency can provide homeowners with a sense of predictability and stability when planning their finances related to property ownership.
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 Bradford 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 Bradford, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72020 | 0.10% | 0.33% | 0.92% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Bradford, Jackson County, Arkansas
When examining property taxes in Bradford, 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'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 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 Bradford.
For example, the median home price in Bradford is $34,600, with tax bills ranging significantly across the county. Zip code 72020 has the highest median home price at $34,600.
Property Tax Assessment Values Across Bradford, Jackson County, Arkansas
Source: Ownwell
$18,000
$36,925
$55,850
Median Bradford Market Value
$34,600
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 Bradford, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72020 | $8,000 | $16,200 | $34,600 | $63,788 | $105,820 |
Source: Ownwell
Property Tax Bills Across Bradford, Jackson County, Arkansas
In Bradford, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the market value. Homeowners in Bradford, located in Jackson County, typically face a median tax bill of $196, which is significantly lower than the national median property tax bill of $2,400. This lower tax bill is reflective of the median home price in the area, which stands at $34,600. For homeowners, property taxes can be a significant expense, but in Bradford, the tax burden is generally lighter than in many parts of the country.
Ownwell offers valuable assistance to homeowners in Bradford by providing property tax appeal and exemption services. By analyzing individual property assessments, Ownwell identifies opportunities to appeal for lower assessed values, potentially reducing the tax burden. This service can be particularly beneficial for those in the higher tax brackets, such as the 90th percentile, where tax bills can reach up to $752. Engaging with Ownwell can lead to substantial savings and ease the financial strain of property taxes.
Median Bradford Tax Bill
$196
Median Jackson County Tax Bill
$308
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Bradford, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72020 | $28 | $83 | $196 | $420 | $752 |
Source: Ownwell