Newport, Jackson County, Arkansas Property Taxes
Median Newport, AR effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Newport, AR home value: $48,300
Median annual Newport, 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 Newport, 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 Newport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Newport, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Newport, Jackson County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$435
$403
Ownwell’s Newport Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Newport with just two data points.
By entering your property's estimated assessed value, our calculator applies Newport’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Jackson County — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Jackson County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Newport, Jackson County, Arkansas
Local government entities set property tax rates, which can differ significantly within a state. Each county annually estimates the budget needed to provide services and divides this by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual procedure.
In Newport, located in Jackson County, the effective property tax rate is 0.90%, which is below the national median property tax rate of 1.02%. This rate is consistent across the county, including the zip code 72112. Compared to other cities in Arkansas, Newport's rate is competitive. The state's median rate is also 0.90%, making Newport align with state averages, while remaining lower than the national average. This lower tax rate can be an attractive factor for property owners in Newport, potentially reducing the financial burden compared to other regions in the country.
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 Newport Tax Rate
0.90%
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 Newport, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72112 | 0.24% | 0.49% | 0.90% | 1.04% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Newport, Jackson County, Arkansas
When examining property taxes in Newport, 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 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 Newport.
For example, the median home price in Newport is $48,300, with tax bills ranging significantly across the county. Zip code 72112 has the highest median home price at $48,300.
Property Tax Assessment Values Across Newport, Jackson County, Arkansas
Source: Ownwell
$18,000
$36,925
$55,850
Median Newport Market Value
$48,300
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 Newport, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72112 | $13,950 | $26,225 | $48,300 | $85,625 | $138,050 |
Source: Ownwell
Property Tax Bills Across Newport, Jackson County, Arkansas
Median Newport 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 Newport, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72112 | $80 | $179 | $352 | $656 | $1,161 |
Source: Ownwell