Grubbs, Jackson County, Arkansas Property Taxes
Median Grubbs, AR effective property tax rate: 1.00%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Grubbs, AR home value: $19,750
Median annual Grubbs, AR tax bill: $148, $2,252 lower than the national median property tax bill of $2,400.
How are property taxes in Jackson County calculated?
Property taxes in Grubbs, 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 Grubbs’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grubbs, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grubbs, Jackson County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$198
$183
Property Tax Rates Across Grubbs, Jackson County, Arkansas
Local government entities set tax rates, which can vary widely within a state. This is primarily because, each year, counties estimate their necessary budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. The result of this calculation is the property tax rate. Though votes and laws play a role in establishing these rates and budgets, this is essentially the annual process.
In Grubbs, located in Jackson County, Arkansas, the effective property tax rate is a reflection of this process. Compared to other cities in Arkansas, Grubbs' tax rate aligns closely with the state's median. Nationally, the median property tax rate is 1.02%, with a median bill of $2,400, providing a benchmark for comparison. This context can help property owners in Grubbs understand how their rates stack up both statewide and nationally. Engaging in property tax appeals or seeking exemptions may be beneficial for those looking to manage their tax liabilities effectively.
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 Grubbs Tax Rate
1.00%
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 Grubbs, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72431 | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Grubbs, Jackson County, Arkansas
When examining property taxes in Grubbs, 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 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.
In Jackson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Grubbs. For example, the median home price in Grubbs is $19,750, with tax bills ranging significantly across the county. Zip code 72431 has the highest median home price at $19,750.
Property Tax Assessment Values Across Grubbs, Jackson County, Arkansas
Source: Ownwell
$18,000
$36,925
$55,850
Median Grubbs Market Value
$19,750
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 Grubbs, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72431 | $6,550 | $10,600 | $19,750 | $30,475 | $36,940 |
Source: Ownwell
Property Tax Bills Across Grubbs, Jackson County, Arkansas
In Grubbs, Arkansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. In Jackson County, the median property tax bill is notably lower than the national median of $2,400, with figures ranging from $99 at the 25th percentile to $329 at the 90th percentile. This can be attributed to the lower median home price of $19,750 in the area. For homeowners, these taxes can represent a significant portion of their annual expenses, impacting their financial planning.
Ownwell can assist homeowners in Grubbs by providing property tax appeal services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps ensure that homeowners are not overpaying on their taxes. This service can lead to substantial savings, making homeownership more affordable. With expertise in navigating local tax regulations, Ownwell is a valuable ally in managing property tax obligations effectively.
Median Grubbs Tax Bill
$148
Median Jackson County Tax Bill
$308
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Grubbs, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72431 | $55 | $99 | $148 | $226 | $329 |
Source: Ownwell