Property Taxes in Lamar, Arkansas
Median Lamar, 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 Lamar, Arkansas home value: $86,600
Median annual Lamar, Arkansas tax bill: $531, $1,869 lower than the national median property tax bill of $2,400.
How are property taxes in Johnson calculated?
Property taxes in Lamar, 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 Lamar's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lamar, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Lamar Property Tax Calculator Work?
Use this Lamar property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lamar'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 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 Lamar'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 Lamar: rates range from 531 in 72846 to 531 in 72846, 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 Lamar.
About Lamar Property Taxes
About Property Taxes in Lamar, Johnson, Arkansas
Lamar’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 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 Lamar. Homeowners in the 72846 ZIP code carry a median effective rate of 0.70%, while those in the same ZIP also pay 0.70%. This reflects how school district boundaries and local assessment districts are drawn across Johnson County. Understanding where you live in Lamar can still make a meaningful difference to your annual tax bill.
Lamar homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before August 17, 2026.
If your estimated bill 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 Lamar, 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 Lamar'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 Lamar Tax Rate
0.70%
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
1.27%
Property Tax Rates Across Lamar, Johnson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72846 | 0.18% | 0.44% | 0.70% | 1.01% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Lamar, Johnson County, Arkansas
When examining property taxes in Lamar, 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. For example, the median home price in Lamar is $86,600, with a median tax bill of $531. The highest median home price is in 72846 at $86,600.
Property Tax Assessment Values Across Lamar, Johnson County, Arkansas
Source: Ownwell
$45,400
$67,450
$89,500
Median Lamar Market Value
$86,600
Median Johnson County Market Value
$80,600
Median Arkansas Market Value
$118,750
Median United States Market Value
$274,101
Property Tax Assessment Values Across Lamar, Johnson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72846 | $24,650 | $49,000 | $86,600 | $136,725 | $203,150 |
Source: Ownwell
Property Tax Bills Across Lamar, Johnson County, Arkansas
How are property tax bills calculated in Lamar?
Property tax bills in Lamar are based on the assessed value of a home, which is determined by the local taxing authority and tied to the market value of the property. That assessed value is then multiplied by the applicable tax rate to calculate the bill. Factors such as the home’s location, size, condition, and any exemptions can affect the final amount.
For homeowners, this means a higher market value can lead to a higher property tax bill, while a lower assessed value or qualifying exemption can reduce what is owed. In Johnson County, the median home price is $86,600, and property tax bills can vary widely. The 25th percentile bill is $264, the 75th percentile bill is $974, and the 90th percentile bill is $1,548. The highest and lowest median tax bill listed is $531 in ZIP code 72846.
Median Lamar Tax Bill
$531
Median Johnson County Tax Bill
$497
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$3,209
Property Tax Bills Across Lamar, Johnson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72846 | $82 | $264 | $531 | $974 | $1,548 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Johnson Tax Assessor | |
| Website | www.arcountydata.com |