Humnoke, Jefferson County, Arkansas Property Taxes

Name: Property Tax Bills Across Humnoke, Jefferson County, Arkansas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Humnoke, Arkansas effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%. Median Humnoke, Arkansas home value: $194,750. Median annual Humnoke, Arkansas tax bill: $437, $1,963 lower than the national median property tax bill of $2,400.

How are property taxes in Jefferson calculated?

Property taxes in Humnoke, 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 Humnoke’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Humnoke, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Humnoke, Jefferson County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.58%

Estimate Property Tax Bill

$1,130

$1,048

Ownwell’s Humnoke Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Humnoke with just two data points. By entering your property's estimated assessed value, our calculator applies Humnoke’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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 Jefferson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Humnoke, Jefferson County, Arkansas

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide services, then dividing 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 Humnoke, located in Jefferson County, Arkansas, the effective property tax rate stands at 0.58%. This rate is significantly lower than the national median property tax rate of 1.02%. When comparing to other cities in Arkansas and the national average, Humnoke offers a more favorable tax scenario. Residents benefit from lower property tax bills, which can ease the financial burden on homeowners. This makes Humnoke an attractive location for property owners seeking affordability. By understanding these rates, residents can make informed decisions about property investments and budgeting for future expenses.

Property Tax Rates Across Humnoke, Jefferson County, Arkansas

Source: Ownwell

0.54%

0.69%

0.84%

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 Humnoke Tax Rate

0.58%

Median Effective Jefferson County Tax Rate

0.73%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Humnoke, Jefferson County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72072	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Humnoke, Jefferson County, Arkansas

When examining property taxes in Humnoke, 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 Jefferson 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. Assessment notices: Jefferson County sends assessment notices 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 Humnoke. For example, the median home price in Humnoke is $194,750, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Humnoke, Jefferson County, Arkansas

Source: Ownwell

$32,800

$103,525

$174,250

Median Humnoke Market Value

$194,750

Median Jefferson County Market Value

$69,000

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Humnoke, Jefferson County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72072	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Humnoke, Jefferson County, Arkansas

Property tax bills in Humnoke, located in Jefferson County, Arkansas, are determined by the assessed value of a property and the local tax rate. Unlike the national median property tax rate of 1.02%, Arkansas generally has lower property tax rates, making it an attractive option for homeowners. However, even with a median home price of $194,750, property taxes can still represent a significant expense. In Humnoke, the tax bill at the 25th percentile is around $370, while at the 75th percentile, it rises to about $1,675, and at the 90th percentile, it reaches approximately $1,970. These figures highlight the variation in tax bills that homeowners may face.

Homeowners can benefit from Ownwell's expertise in navigating property tax appeals and exemptions. By analyzing property assessments and identifying opportunities for appeals, Ownwell can help reduce your tax burden. This not only ensures you're not overpaying but also provides peace of mind. With Ownwell, homeowners in Humnoke can potentially save significantly on their property tax bills, keeping more money in their pockets.

Property Tax Bills Across Humnoke, Jefferson County, Arkansas

Source: Ownwell

$220

$474

$728

Median Humnoke Tax Bill

$437

Median Jefferson County Tax Bill

$457

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Humnoke, Jefferson County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72072	N/A	N/A	N/A	N/A	N/A

Source: Ownwell