Winthrop, Little River County, Arkansas Property Taxes

Name: Property Tax Bills Across Winthrop, Little River County, Arkansas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Winthrop, Arkansas effective property tax rate: 0.91%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Winthrop, Arkansas home value: $68,675
Median annual Winthrop, Arkansas tax bill: $489, $1,911 lower than the national median property tax bill of $2,400.

How are property taxes in Little River County calculated?

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

Last Updated March 1, 2025

Winthrop, Little River County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.91%

Estimate Property Tax Bill

$625

$580

Ownwell’s Winthrop Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Winthrop with just two data points.

By entering your property's estimated assessed value, our calculator applies Winthrop’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Little River County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Winthrop, Little River County, Arkansas

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget annually to provide essential services. This budget is then divided by the total value of all taxable property within the county's jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Winthrop, located in Little River County, Arkansas, the effective property tax rate is a significant factor for homeowners. When compared to other cities in Arkansas and the national median property tax rate of 1.02%, Winthrop's rate provides an interesting perspective. The median property tax rate in Arkansas is 0.91%, which is lower than the national average. This means that homeowners in Winthrop and the surrounding area tend to pay less in property taxes compared to the national average. Understanding these rates can help homeowners make informed decisions about property investments and financial planning.

Property Tax Rates Across Winthrop, Little River County, Arkansas

Source: Ownwell

0.52%

0.72%

0.91%

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 Winthrop Tax Rate

0.91%

Median Effective Little River County Tax Rate

0.55%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Winthrop, Little River County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71866	0.13%	0.49%	0.91%	1.00%	1.00%

Source: Ownwell

Property Tax Assessment Values Across Winthrop, Little River County, Arkansas

When examining property taxes in Winthrop, 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 Little River 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 Little River 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 Winthrop. For example, the median home price in Winthrop is $68,675, with tax bills ranging significantly across the county. Zip code 71866 has the highest median home price at $68,675.

Property Tax Assessment Values Across Winthrop, Little River County, Arkansas

Source: Ownwell

$29,750

$51,313

$72,875

Median Winthrop Market Value

$68,675

Median Little River County Market Value

$68,475

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Winthrop, Little River County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71866	$14,250	$35,900	$68,675	$126,912	$200,505

Source: Ownwell

Property Tax Bills Across Winthrop, Little River County, Arkansas

In Winthrop, Little River County, Arkansas, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as location, property size, and improvements. With a median home price of $68,675, homeowners in Winthrop face tax bills that vary significantly. The 25th percentile tax bill is $158, while the 75th percentile reaches $929, and the 90th percentile hits $1,685. This variation can impact homeowners' budgets, especially when compared to the national median property tax bill of $2,400. Ownwell assists homeowners in Winthrop by offering property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or potential savings, Ownwell helps reduce tax burdens. This service can lead to significant savings, ensuring homeowners pay only their fair share. Leveraging expert knowledge in property tax regulations, Ownwell provides peace of mind and financial relief to property owners.

Property Tax Bills Across Winthrop, Little River County, Arkansas

Source: Ownwell

$147

$318

$489

Median Winthrop Tax Bill

$489

Median Little River County Tax Bill

$326

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Winthrop, Little River County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71866	$42	$158	$489	$929	$1,685

Source: Ownwell