Ozark, Logan County, Arkansas Property Taxes

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

Median Ozark, AR effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Ozark, AR home value: $56,500
Median annual Ozark, AR tax bill: $474, $1,926 lower than the national median property tax bill of $2,400.

How are property taxes in Logan calculated?

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

Last Updated March 1, 2025

Ozark, Logan County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.88%

Estimate Property Tax Bill

$497

$461

Ownwell’s Ozark Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ozark with just two data points. By entering your property's estimated assessed value, our calculator applies Ozark’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 Logan County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Ozark, Logan County, Arkansas

Local government entities have the authority to set property tax rates, which can differ significantly within Arkansas. This is because each county, including Logan County, calculates its necessary budget for public services and divides that by the total value of all taxable properties in its area. This process determines the property tax rate. Although there are votes and laws that influence these rates, this annual calculation is the core of how property tax rates are established.

In Ozark, located within Logan County, the effective property tax rate is 0.88%. This is slightly below the national median property tax rate of 1.02%, making it more affordable than many other regions across the United States. When compared to the median property tax rate in Arkansas, Ozark's rate offers homeowners a relatively lower tax burden. Understanding these rates can help property owners in Ozark better anticipate their tax responsibilities and manage their finances more effectively. Whether you're a new homeowner or have owned property for years, staying informed about these rates can lead to significant savings.

Property Tax Rates Across Ozark, Logan County, Arkansas

Source: Ownwell

0.88%

0.93%

0.98%

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 Ozark Tax Rate

0.88%

Median Effective Logan County Tax Rate

0.92%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ozark, Logan County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72949	0.69%	0.81%	0.88%	0.88%	0.88%

Source: Ownwell

Property Tax Assessment Values Across Ozark, Logan County, Arkansas

When examining property taxes in Ozark, 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 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 Ozark. For example, the median home price in Ozark is $56,500, with tax bills ranging significantly across the county. Zip code 72949 has the highest median home price at $56,500.

Property Tax Assessment Values Across Ozark, Logan County, Arkansas

Source: Ownwell

$22,900

$54,425

$85,950

Median Ozark Market Value

$56,500

Median Logan County Market Value

$67,850

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ozark, Logan County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72949	$12,030	$28,650	$56,500	$81,600	$136,210

Source: Ownwell

Property Tax Bills Across Ozark, Logan County, Arkansas

In Ozark, 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 in this area is $56,500. Property tax rates are applied to this assessed value to determine the annual tax bill. For homeowners in Ozark, the tax bill can range significantly, with the 25th percentile paying approximately $217 and the 90th percentile reaching up to $1,199. This variation depends on factors such as property location and amenities. Compared to the national median property tax bill of $2,400, Ozark's median tax bill is relatively lower. However, these taxes still impact homeowners' budgets. Ownwell offers valuable services to help homeowners reduce their property tax bills. By assessing the accuracy of property valuations and identifying potential exemptions, Ownwell can assist in filing appeals, ensuring that homeowners only pay their fair share. This can lead to significant savings, providing financial relief and peace of mind.

Property Tax Bills Across Ozark, Logan County, Arkansas

Source: Ownwell

$217

$475

$732

Median Ozark Tax Bill

$474

Median Logan County Tax Bill

$602

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Ozark, Logan County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72949	$134	$217	$474	$710	$1,199

Source: Ownwell