Knoxville, Johnson County, Arkansas Property Taxes

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Property Taxes in Knoxville, Arkansas

Median Knoxville, Arkansas effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Knoxville, Arkansas home value: $74,300
Median annual Knoxville, Arkansas tax bill: $499, $1,901 lower than the national median property tax bill of $2,400.

How are property taxes in Johnson calculated?

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

Last Updated April 13, 2026

Knoxville, Johnson County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.7%

Estimate Property Tax Bill

$520

$483

How Does the Knoxville Property Tax Calculator Work?

Use this Knoxville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Knoxville's median effective tax rate of 0.70% — based on actual property records in Johnson County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Knoxville'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 Knoxville: rates range from 0.70% in 72845 to 0.70% in 72845, 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 Knoxville.

About Knoxville Property Taxes

About Property Taxes in Knoxville, Johnson, Arkansas

Knoxville’s median effective property tax rate of 0.70% 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 Knoxville. Homeowners in the 72845 ZIP code carry a median effective rate of 0.70%, while those in the same ZIP also pay 0.70%. This spread reflects how school district boundaries and local assessment districts are drawn across Johnson County. Understanding which part of Knoxville you live in can make a meaningful difference to your annual tax bill.

Knoxville 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 Knoxville, 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 Knoxville's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.

Property Tax Rates Across Knoxville, Johnson County, Arkansas

Source: Ownwell

0.68%

0.83%

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 Knoxville Tax Rate

0.70%

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 Knoxville, Johnson County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72845	0.10%	0.35%	0.70%	1.03%	1.16%

Source: Ownwell

Property Tax Assessment Values Across Knoxville, Johnson County, Arkansas

When examining property taxes in Knoxville, 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 assessor 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 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 Knoxville.

For example, the median home price in Knoxville is $74,300, with tax bills ranging significantly across the county. 72845 has the highest median home price at $74,300.

Property Tax Assessment Values Across Knoxville, Johnson County, Arkansas

Source: Ownwell

$45,400

$67,450

$89,500

Median Knoxville Market Value

$74,300

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 Knoxville, Johnson County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72845	$20,750	$42,975	$74,300	$133,262	$224,340

Source: Ownwell

Property Tax Bills Across Knoxville, Johnson County, Arkansas

Property tax bills in Knoxville are based on the assessed value of a home and the local tax rate set for Johnson County. When a property is reassessed, the taxable value is used to calculate the bill, so a higher assessed value usually means a higher tax bill. The median home price in the city is $74,300, which helps explain why many bills remain relatively modest compared with the national median property tax bill of $2,400.

Several factors shape the final amount homeowners pay, including the property’s assessed market value, exemptions, and the tax rates applied by local taxing authorities. In Knoxville, the median tax bill is $499.00, and the same median appears in ZIP code 72845, showing how consistent bills can be across the area.

For homeowners, this means property taxes can change when home values change or when local rates are adjusted. Even a small shift in assessed value can affect annual housing costs and overall affordability.

Property Tax Bills Across Knoxville, Johnson County, Arkansas

Source: Ownwell

$242

$402

$562

Median Knoxville Tax Bill

$499

Median Johnson County Tax Bill

$497

Median Arkansas Tax Bill

$870

Median United States Tax Bill

$2,400

Property Tax Bills Across Knoxville, Johnson County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72845	$31	$167	$499	$964	$1,646

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	August 17

Links
Johnson Tax Assessor
Website	www.arcountydata.com

Frequently Asked Property Tax Questions in Knoxville, Arkansas

How are property taxes calculated in Knoxville, Arkansas?

Property taxes in Knoxville, Arkansas are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Knoxville, Arkansas?

To appeal your property taxes in Knoxville, Arkansas, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Knoxville, Arkansas?

Common property tax exemptions in Knoxville, Arkansas include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Knoxville, Arkansas?

Property tax deadlines in Knoxville, Arkansas vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Knoxville, Arkansas?

Ownwell provides professional property tax appeal services in Knoxville, Arkansas. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.