Cabot, Lonoke County, Arkansas Property Taxes
Property Taxes in Cabot, Arkansas
Median Cabot, Arkansas effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Cabot, Arkansas home value: $145,100
Median annual Cabot, Arkansas tax bill: $1,158, lower than the national median property tax bill of $2,400.
How are property taxes in Lonoke calculated?
Property taxes in Cabot, 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 Cabot's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cabot, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cabot, Lonoke County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.79%
Estimate Property Tax Bill
$1,146
$1,064
How Does the Cabot Property Tax Calculator Work?
Use this Cabot property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Cabot's median effective tax rate of 0.79% — based on actual property records in Lonoke County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cabot's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Cabot's median effective tax rate is lower than the Arkansas state median of 0.81% and the national median property tax rate of 1.02%. The median property tax bill is $1,158, which is $1,242 lower than the Arkansas state median bill.
Your bill may vary by ZIP code within Cabot: rates range from 0.79% in 72023 to 0.79% in 72023, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Cabot.
About Cabot Property Taxes
About Property Taxes in Cabot, Lonoke, Arkansas
Cabot’s median effective property tax rate of 0.79% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Lonoke County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Cabot. Homeowners in the 72023 ZIP code carry a median effective rate of 0.79%, while those in the same ZIP also pay $1,158 in median property taxes. This reflects how school district boundaries and local assessment districts are drawn across Lonoke County. Understanding which part of Cabot you live in can make a meaningful difference to your annual tax bill.
Cabot homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before August 17, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cabot, Lonoke County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Cabot's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Cabot Tax Rate
0.79%
Our median effective property tax rate (tax bill Ă· 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 Lonoke County Tax Rate
0.79%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cabot, Lonoke County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72023 | 0.50% | 0.66% | 0.79% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Cabot, Lonoke County, Arkansas
When examining property taxes in Cabot, 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 Lonoke 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.
Assessment notices are sent in the spring each year and typically reach your mailbox by the middle of the month. 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.
For example, the median home price in Cabot is $145,100, with tax bills ranging across the county. ZIP code 72023 has the highest median home price at $145,100.
Property Tax Assessment Values Across Cabot, Lonoke County, Arkansas
Source: Ownwell
$36,600
$90,850
$145,100
Median Cabot Market Value
$145,100
Median Lonoke County Market Value
$119,450
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cabot, Lonoke County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72023 | $64,600 | $104,138 | $145,100 | $203,350 | $275,915 |
Source: Ownwell
Property Tax Bills Across Cabot, Lonoke County, Arkansas
Property tax bills in Cabot are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local taxing authorities then use that assessment to determine how much a homeowner owes each year. For Cabot homeowners, the median home price is $145,100, and the median property tax bill is $1,158.
Several factors can affect the final bill, including the home’s value, the tax rate set by local governments, and any exemptions a homeowner may qualify for. Homes with higher assessed values generally face larger bills, while lower-valued homes usually pay less.
Cabot’s property tax bills are below the national median property tax bill of $2,400, which can make ownership more affordable than in many other places. Still, bills can vary widely, with the 25th percentile at $697 and the 75th percentile at $1,698, showing that property taxes can have a meaningful impact on monthly housing costs and long-term affordability.
Median Cabot Tax Bill
$1,158
Median Lonoke County Tax Bill
$854
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Cabot, Lonoke County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72023 | $311 | $697 | $1,158 | $1,698 | $2,315 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Lonoke Tax Assessor | |
| Website | www.arcountydata.com |