Tupelo, Jackson County, Arkansas Property Taxes
Median Tupelo, Arkansas effective property tax rate: 0.97%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Tupelo, Arkansas home value: $23,775
Median annual Tupelo, Arkansas tax bill: $177, $2,223 lower than the national median property tax bill of $2,400.
How are property taxes in Jackson County calculated?
Property taxes in Tupelo, 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 Tupelo’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tupelo, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tupelo, Jackson County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.97%
Estimate Property Tax Bill
$231
$214
Property Tax Rates Across Tupelo, Jackson County, Arkansas
Local government entities determine property tax rates, which can differ significantly within a state. This is due to each county’s annual estimation of the budget needed to provide essential services. The budget is divided by the total value of all taxable property within the jurisdiction, resulting in the property tax rate. Though the process involves votes and regulations, this is the basic annual procedure.
In Tupelo, located in Jackson County, Arkansas, the effective property tax rate can be compared to other cities within the state and the national median. With a median property tax rate of 0.97%, Tupelo's rate is slightly below the national median of 1.02%. This places Tupelo in a favorable position for property owners when compared to the national average. Furthermore, the median property tax bill in Tupelo is also likely to be lower than the national median bill of $2400, offering additional financial relief to homeowners. By understanding these rates, property owners can make informed decisions about their investments in Tupelo and potentially benefit from lower property tax obligations.
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 Tupelo Tax Rate
0.97%
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 Tupelo, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72169 | 0.21% | 0.97% | 0.97% | 0.97% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Tupelo, Jackson County, Arkansas
When examining property taxes in Tupelo, 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 March. 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 Tupelo. For example, the median home price in Tupelo is $23,775, with tax bills ranging significantly across the county. Zip code 72169 has the highest median home price at $23,775.
Property Tax Assessment Values Across Tupelo, Jackson County, Arkansas
Source: Ownwell
$18,000
$36,925
$55,850
Median Tupelo Market Value
$23,775
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 Tupelo, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72169 | $5,125 | $14,900 | $23,775 | $35,438 | $55,800 |
Source: Ownwell
Property Tax Bills Across Tupelo, Jackson County, Arkansas
Median Tupelo Tax Bill
$177
Median Jackson County Tax Bill
$308
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Tupelo, Jackson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72169 | $29 | $80 | $177 | $247 | $456 |
Source: Ownwell