Altus, Johnson County, Arkansas Property Taxes
Property Taxes in Altus, Arkansas
Median Altus, Arkansas effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Altus, Arkansas home value: $66,325
Median annual Altus, Arkansas tax bill: $333, $2,067 lower than the national median property tax bill of $2,400.
How are property taxes in Johnson calculated?
Property taxes in Altus, 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 Altus's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Altus, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Altus, Johnson County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$517
$480
How Does the Altus Property Tax Calculator Work?
Use this Altus property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Altus's median effective tax rate of 0.78% — based on actual property records in Johnson County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Altus's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Altus: rates range from 0.78% in 72821 to 0.78% in 72821, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Altus.
About Altus Property Taxes
About Property Taxes in Altus, Johnson, Arkansas
Altus's median effective property tax rate of 0.78% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Johnson County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Altus. Homeowners in the 72821 ZIP code carry a median effective rate of 0.78%, while those in the lowest ZIP code pay 0.78%. This spread reflects how school district boundaries and local assessment districts are drawn across Johnson County. Understanding which part of Altus you live in can make a meaningful difference to your annual tax bill.
Altus homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before August 17, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Altus, Johnson County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Altus's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
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 Altus Tax Rate
0.78%
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 Johnson County Tax Rate
0.72%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Altus, Johnson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72821 | 0.25% | 0.38% | 0.78% | 0.95% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Altus, Johnson County, Arkansas
When examining property taxes in Altus, 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 Johnson 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:
In Johnson County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Altus.
For example, the median home price in Altus is $66,325, with tax bills ranging significantly across the county. 72821 has the highest median home price at $66,325.
Property Tax Assessment Values Across Altus, Johnson County, Arkansas
Source: Ownwell
$45,400
$67,450
$89,500
Median Altus Market Value
$66,325
Median Johnson County Market Value
$80,600
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Altus, Johnson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72821 | $14,405 | $29,788 | $66,325 | $126,962 | $195,135 |
Source: Ownwell
Property Tax Bills Across Altus, Johnson County, Arkansas
Altus property tax bills are based on the assessed value of a home, not its market price alone. Local tax rates are then applied to that assessed value to determine the final bill. For homeowners in Altus, the median home price is $66,325, and the typical tax bill is $333.00.
What you pay can vary depending on the assessed value of your property and the tax rate set for the area. In this market, the 25th percentile tax bill is $182, while the 75th percentile tax bill is $683 and the 90th percentile tax bill is $1,580. That spread shows how differently property taxes can affect homeowners, even within the same city.
Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Altus homeowners generally face lower property tax bills.
Median Altus Tax Bill
$333
Median Johnson County Tax Bill
$497
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Altus, Johnson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72821 | $62 | $182 | $333 | $683 | $1,580 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Johnson Tax Assessor | |
| Website | www.arcountydata.com |