Paris, Logan County, Arkansas Property Taxes
Median Paris, AR effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Paris, AR home value: $68,400
Median annual Paris, AR tax bill: $602, $1,798 lower than the national median property tax bill of $2,400.
How are property taxes in Logan County calculated?
Property taxes in Paris, 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 Paris’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Paris, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Paris, 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
$629
$584
Property Tax Rates Across Paris, Logan County, Arkansas
Local government entities set tax rates, which can vary widely within a state. This variability stems from the annual process where each county estimates its required budget to provide essential services. The budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of how it is determined each year.
In Paris, located in Logan County, Arkansas, the effective property tax rate is a reflection of this process. When compared to other cities in Arkansas, Paris's rate provides an interesting perspective on how property taxes can differ even within a single state. The median property tax rate in Arkansas is lower than the national median of 1.02%. This means that property owners in Paris and other parts of the state generally face a lower tax burden compared to the national average. Understanding these differences can be crucial for property owners seeking to optimize their tax payments.
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 Paris 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
0.92%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Paris, Logan County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72855 | 0.68% | 0.88% | 0.92% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Paris, Logan County, Arkansas
When examining property taxes in Paris, 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 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 Paris.
For example, the median home price in Paris is $68,400, with tax bills ranging significantly across the county. Zip code 72855 has the highest median home price at $68,400.
Property Tax Assessment Values Across Paris, Logan County, Arkansas
Source: Ownwell
$22,900
$54,425
$85,950
Median Paris Market Value
$68,400
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 Paris, Logan County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72855 | $19,380 | $39,675 | $68,400 | $106,538 | $156,310 |
Source: Ownwell
Property Tax Bills Across Paris, Logan County, Arkansas
Median Paris Tax Bill
$602
Median Logan County Tax Bill
$602
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Paris, Logan County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72855 | $167 | $346 | $602 | $937 | $1,402 |
Source: Ownwell