England, Lonoke County, Arkansas Property Taxes
Median England, AR effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median England, AR home value: $55,050
Median annual England, AR tax bill: $610, $1,790 lower than the national median property tax bill of $2,400.
How are property taxes in Lonoke calculated?
Property taxes in England, 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 England’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in England, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
England, Lonoke County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.16%
Estimate Property Tax Bill
$639
$593
Ownwell’s England Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in England with just two data points.
By entering your property's estimated assessed value, our calculator applies England’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 Lonoke County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across England, Lonoke County, Arkansas
Local government entities are responsible for setting tax rates, which can vary significantly within Arkansas. Each county, including Lonoke County, estimates its required budget to provide essential 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, this is the annual process in a nutshell.
In England, located in Lonoke County, the effective property tax rate stands at 1.16%, which aligns with the highest and lowest median tax rates in the region, making it consistent across the area. When compared to the national median property tax rate of 1.02%, England's rate is slightly higher. This means that property owners in England might notice a marginally higher property tax bill compared to the national median property tax bill of $2400. Understanding these rates can help property owners in England make informed decisions about property tax appeals and exemptions.
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 England Tax Rate
1.16%
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 Lonoke County Tax Rate
1.01%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across England, Lonoke County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72046 | 0.87% | 0.99% | 1.16% | 1.16% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across England, Lonoke County, Arkansas
When examining property taxes in England, 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 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 Lonoke 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 England.
For example, the median home price in England is $55,050, with tax bills ranging significantly across the county. Zip code 72046 has the highest median home price at $55,050.
Property Tax Assessment Values Across England, Lonoke County, Arkansas
Source: Ownwell
$43,650
$94,013
$144,375
Median England Market Value
$55,050
Median Lonoke County Market Value
$119,600
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across England, Lonoke County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72046 | $12,530 | $26,400 | $55,050 | $114,050 | $207,070 |
Source: Ownwell
Property Tax Bills Across England, Lonoke County, Arkansas
In England, located in Lonoke County, Arkansas, property tax bills are determined based on the assessed value of a home. This value is typically a percentage of the property's market value. Homeowners in this area might experience property tax bills that range widely, with the 25th percentile at $313 and the 75th percentile reaching $1,260. The 90th percentile can see bills as high as $2,161. While the highest and lowest median tax bill in the zip code 72046 is $610, these figures are still below the national median property tax bill of $2,400.
Factors such as local tax rates and the assessed value of the property influence the final tax bill. High property taxes can significantly impact homeowners by increasing their annual expenses. However, Ownwell can assist homeowners in reducing these costs by providing expert property tax appeal and exemption services. By ensuring that property assessments are fair and accurate, Ownwell helps homeowners potentially lower their tax liabilities, offering relief in an area where every dollar counts.
Median England Tax Bill
$610
Median Lonoke County Tax Bill
$1,186
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across England, Lonoke County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72046 | $164 | $313 | $610 | $1,260 | $2,161 |
Source: Ownwell