Delaware, Logan County, Arkansas Property Taxes
Median Delaware, Arkansas effective property tax rate: 0.92%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%. Median Delaware, Arkansas home value: $69,650. Median annual Delaware, Arkansas tax bill: $568, $1,832 lower than the national median property tax bill of $2,400.
How are property taxes in Logan County calculated?
Property taxes in Delaware, 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 Delaware’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Delaware, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Delaware, Logan County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$643
$596
Property Tax Rates Across Delaware, Logan County, Arkansas
Local government entities set tax rates, which can vary widely within a state. Each county calculates its required budget for services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental annual process.
In Delaware, Logan County, Arkansas, the effective property tax rate is 0.92%. This rate stands below the national median of 1.02%, indicating a lower property tax burden for residents compared to the average American city. The highest and lowest median tax rates in the area are also 0.92%, reflecting a consistent tax rate across the county.
Compared to other cities in Arkansas, Delaware's tax rate is relatively competitive, providing an advantage for property owners in the area. Understanding these rates can help property owners make informed decisions about appealing or seeking exemptions, potentially leading to significant savings. By staying informed, property owners can better manage their tax liabilities and take advantage of any opportunities for relief.
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 Delaware Tax Rate
0.92%
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 Logan County Tax Rate
0.94%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Delaware, Logan County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72835 | 0.64% | 0.85% | 0.92% | 0.96% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Delaware, Logan County, Arkansas
When examining property taxes in Delaware, 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 Logan County Assessor's Office 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 Logan 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 Delaware. For example, the median home price in Delaware is $69,650, with tax bills ranging significantly across the county. Zip code 72835 has the highest median home price at $69,650.
Property Tax Assessment Values Across Delaware, Logan County, Arkansas
Source: Ownwell
$22,900
$54,388
$85,875
Median Delaware Market Value
$69,850
Median Logan County Market Value
$68,150
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Delaware, Logan County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72835 | $19,810 | $33,000 | $69,850 | $123,200 | $172,930 |
Source: Ownwell
Property Tax Bills Across Delaware, Logan County, Arkansas
In Delaware, Logan County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The median home price here is $69,650, leading to a median tax bill of $568. This is significantly lower than the national median property tax bill of $2,400. Factors influencing the tax bill include the home's assessed value and local tax rates. For homeowners, this means that even slight changes in assessed value or tax rates can impact the annual tax bill. The 25th percentile tax bill is $265, while the 75th percentile reaches $1,069, indicating variability based on property value and location within the county.
Ownwell assists homeowners in reducing their property tax bills by identifying potential savings through appeals and exemptions. By analyzing property data and market trends, Ownwell can challenge assessments that may be higher than justified, ensuring homeowners pay only their fair share. This service can lead to substantial savings, particularly in areas with fluctuating property values.
Median Delaware Tax Bill
$579
Median Logan County Tax Bill
$609
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Delaware, Logan County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72835 | $170 | $277 | $579 | $1,097 | $1,587 |
Source: Ownwell