Pettigrew, Johnson County, Arkansas Property Taxes
Median PETTIGREW, AR effective property tax rate: 0.94%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median PETTIGREW, AR home value: $61,300
Median annual PETTIGREW, AR tax bill: $465, $1,935 lower than the national median property tax bill of $2,400.
How are property taxes in Johnson County calculated?
Property taxes in PETTIGREW, AR 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 PETTIGREW’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in PETTIGREW, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pettigrew, Johnson County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.94%
Estimate Property Tax Bill
$576
$535
Property Tax Rates Across Pettigrew, Johnson County, Arkansas
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 Pettigrew Tax Rate
0.94%
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
0.75%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pettigrew, Johnson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72752 | 0.41% | 0.70% | 0.94% | 0.94% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Pettigrew, Johnson County, Arkansas
When examining property taxes in Pettigrew, 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.
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 Pettigrew.
For example, the median home price in Pettigrew is $61,300, with tax bills ranging significantly across the county. Zip code 72752 has the highest median home price at $61,300.
Property Tax Assessment Values Across Pettigrew, Johnson County, Arkansas
Source: Ownwell
$45,700
$67,875
$90,050
Median Pettigrew Market Value
$61,300
Median Johnson County Market Value
$80,100
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Pettigrew, Johnson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72752 | $7,910 | $24,200 | $61,300 | $90,800 | $124,600 |
Source: Ownwell
Property Tax Bills Across Pettigrew, Johnson County, Arkansas
In Pettigrew, Johnson County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. With a median home price of $61,300, the property tax bill can vary significantly. For instance, the 25th percentile tax bill is around $233, while those in the 75th percentile see bills closer to $701. This variation highlights the impact of assessed values and local tax rates on homeowners' expenses. Compared to the national median property tax rate of 1.02%, Pettigrew's property taxes can be more manageable, but they still represent a significant cost for homeowners.
Ownwell offers expert property tax appeal and exemption services to help homeowners reduce these expenses. By analyzing market trends and property assessments, Ownwell can identify opportunities for tax savings, ensuring that homeowners are not overpaying. With personalized strategies, Ownwell helps clients navigate the complexities of property tax assessments, potentially lowering their tax bills and easing the financial burden on homeowners in Pettigrew.
Median Pettigrew Tax Bill
$465
Median Johnson County Tax Bill
$542
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Pettigrew, Johnson County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72752 | $103 | $233 | $465 | $701 | $956 |
Source: Ownwell