La Grange, Lee County, Arkansas Property Taxes
Median LA GRANGE, AR effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median LA GRANGE, AR home value: $23,050
Median annual LA GRANGE, AR tax bill: $168, $2,232 lower than the national median property tax bill of $2,400.
How are property taxes in Lee County calculated?
Property taxes in LA GRANGE, 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 LA GRANGE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LA GRANGE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
La Grange, Lee County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$177
$165
Property Tax Rates Across La Grange, Lee County, Arkansas
Local government entities set property tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This annual process involves votes and laws to set tax rates and budgets.
In LA GRANGE, Lee County, AR, the effective property tax rate is 0.77%, which is lower than the national median property tax rate of 1.02%. This means that homeowners in LA GRANGE typically pay less in property taxes compared to the national average. The median property tax rate in Lee County is consistent with the highest and lowest rates in the area, both being 0.77%.
Comparing LA GRANGE's property tax rate to other cities in Arkansas and the national average provides insight into the relative affordability of property taxes in this region. Homeowners in LA GRANGE benefit from a lower tax burden, which can be an attractive feature for potential buyers and residents looking for cost-effective living options.
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 La Grange Tax Rate
0.77%
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 Lee County Tax Rate
0.67%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across La Grange, Lee County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72352 | 0.72% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across La Grange, Lee County, Arkansas
When examining property taxes in LA GRANGE, AR, 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 Lee 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 Lee 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 LA GRANGE. For example, the median home price in LA GRANGE is $23,050, with tax bills ranging significantly across the county. 72352 has the highest median home price at $23,050.
Property Tax Assessment Values Across La Grange, Lee County, Arkansas
Source: Ownwell
$21,320
$46,348
$71,375
Median La Grange Market Value
$23,050
Median Lee County Market Value
$41,075
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across La Grange, Lee County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72352 | $5,150 | $9,562 | $23,050 | $44,812 | $53,325 |
Source: Ownwell
Property Tax Bills Across La Grange, Lee County, Arkansas
In La Grange, Lee County, Arkansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property location, improvements, and exemptions can influence the assessed value. Homeowners in La Grange typically face a median property tax bill of $168, significantly lower than the national median of $2,400. However, even with relatively low tax bills, it's crucial for homeowners to ensure they are not overpaying.
Ownwell offers valuable assistance by reviewing property assessments and identifying potential errors or opportunities for exemptions. By appealing assessments and applying for eligible exemptions, Ownwell helps homeowners reduce their property tax burden. This service is particularly beneficial in ensuring that homeowners pay only their fair share, maximizing savings and providing peace of mind. Whether your tax bill is at the 25th percentile of $74 or the 90th percentile of $397, Ownwell can help you achieve potential savings.
Median La Grange Tax Bill
$168
Median Lee County Tax Bill
$285
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across La Grange, Lee County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72352 | $29 | $74 | $168 | $336 | $397 |
Source: Ownwell