Scranton, Logan County, Arkansas Property Taxes

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

Median Scranton, 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 Scranton, Arkansas home value: $85,300
Median annual Scranton, Arkansas tax bill: $685, $1,715 lower than the national median property tax bill of $2,400.

How are property taxes in Logan County calculated?

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

Last Updated March 1, 2025

Scranton, Logan County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.92%

Estimate Property Tax Bill

$785

$728

Ownwell’s Scranton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Scranton with just two data points. By entering your property's estimated assessed value, our calculator applies Scranton’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 Scranton, Logan County, Arkansas

Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Scranton, located in Logan County, the effective property tax rate is a reflection of the county's budgetary needs and the total assessed property values. The median property tax rate here aligns closely with the state median tax rate of 0.92%, which is slightly below the national median of 1.02%. This means that property owners in Scranton may benefit from lower property tax bills compared to the national average, potentially making it a more attractive location for homeowners. However, it's essential for property owners to stay informed about any changes in tax rates or assessed property values, as these can impact their overall tax liability.

Property Tax Rates Across Scranton, 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 Scranton Tax Rate

0.92%

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 Scranton, Logan County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72863	0.64%	0.80%	0.92%	0.92%	0.95%

Source: Ownwell

Property Tax Assessment Values Across Scranton, Logan County, Arkansas

When examining property taxes in Scranton, 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 Scranton. For example, the median home price in Scranton is $85,300, with tax bills ranging significantly across the county. Zip code 72863 has the highest median home price at $85,300.

Property Tax Assessment Values Across Scranton, Logan County, Arkansas

Source: Ownwell

$22,900

$54,425

$85,950

Median Scranton Market Value

$85,300

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 Scranton, Logan County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72863	$19,560	$43,700	$85,300	$133,250	$209,820

Source: Ownwell

Property Tax Bills Across Scranton, Logan County, Arkansas

In Scranton, property tax bills are calculated based on the assessed value of a home. The median home price in the area is $85,300, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as location within Logan County and changes in the local real estate market can affect the assessed value, leading to variations in tax bills. For example, the tax bill at the 25th percentile is $364, while at the 75th percentile, it rises to $1,113, and at the 90th percentile, it reaches $1,786. These figures demonstrate how property taxes can significantly impact homeowners' finances, especially when compared to the national median property tax bill of $2,400. Ownwell offers services to help homeowners in Scranton appeal their property tax assessments and explore exemptions, potentially reducing their tax burden. By leveraging their expertise, homeowners can ensure they are not overpaying and can achieve a fairer tax bill.

Property Tax Bills Across Scranton, Logan County, Arkansas

Source: Ownwell

$217

$475

$732

Median Scranton Tax Bill

$685

Median Logan County Tax Bill

$602

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Scranton, Logan County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72863	$166	$364	$685	$1,113	$1,786

Source: Ownwell