Alicia, Lawrence County, Arkansas Property Taxes
Last Updated March 1, 2025
Alicia, Lawrence County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.69%
Estimate Property Tax Bill
$408
$379
Property Tax Rates Across Alicia, Lawrence County, Arkansas
Local government entities are responsible for setting tax rates, which can vary significantly within Arkansas. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Alicia, located in Lawrence County, the effective property tax rate provides an interesting point of comparison to other cities in Arkansas, as well as the median property tax rates in the state and across the U.S. With a median property tax rate of 0.69%, Arkansas falls below the national median property tax rate of 1.02%. This means that homeowners in Alicia generally pay less in property taxes compared to the national average, making it an attractive location for those looking to reduce their tax burden. Understanding these variations in property tax rates can be crucial for homeowners and potential buyers when making informed decisions about property investments.
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 Alicia Tax Rate
0.69%
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 Lawrence County Tax Rate
0.63%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alicia, Lawrence County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72410 | 0.48% | 0.59% | 0.69% | 0.76% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Alicia, Lawrence County, Arkansas
When examining property taxes in Alicia, 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 Lawrence 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.
In Lawrence County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Alicia. For example, the median home price in Alicia is $59,200, with tax bills ranging significantly across the county. Zip code 72410 has the highest median home price at $59,200.
Property Tax Assessment Values Across Alicia, Lawrence County, Arkansas
Source: Ownwell

$37,178
$67,033
$96,888
Median Alicia Market Value
$59,200
Median Lawrence County Market Value
$77,245
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alicia, Lawrence County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72410 | $17,742 | $32,960 | $59,200 | $93,764 | $136,467 |
Source: Ownwell
Property Tax Bills Across Alicia, Lawrence County, Arkansas
Median Alicia Tax Bill
$380
Median Lawrence County Tax Bill
$469
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Alicia, Lawrence County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72410 | $129 | $209 | $380 | $594 | $1,011 |
Source: Ownwell