Jacksonville, Lonoke County, Arkansas Property Taxes
Median Jacksonville, AR effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Jacksonville, AR home value: $64,350
Median annual Jacksonville, AR tax bill: $607, $1,793 lower than the national median property tax bill of $2,400.
How are property taxes in Lonoke County calculated?
Property taxes in Jacksonville, 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 Jacksonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Jacksonville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Jacksonville, Lonoke County, Arkansas Property Tax Bill Calculator
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Median Effective Tax Rate
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Property Tax Rates Across Jacksonville, Lonoke County, Arkansas
Local government entities set property tax rates, which can vary widely within Arkansas. Each year, Lonoke County estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is the basic process.
In Jacksonville, located in Lonoke County, the effective property tax rate is comparable to other cities in Arkansas. The median property tax rate in Arkansas stands slightly below the national median. This means that homeowners in Jacksonville might find themselves paying less than the national average, which is a significant consideration for potential property buyers and current homeowners alike.
Understanding these rates is crucial for homeowners looking to manage their finances effectively. By comparing Jacksonville's property tax rate to both state and national medians, residents can gain a clearer picture of their financial obligations. This insight not only aids in budgeting but also highlights the potential savings in property taxes for those residing in Jacksonville.
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 Jacksonville Tax Rate
1.00%
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 Jacksonville, Lonoke County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72076 | 0.69% | 0.82% | 1.00% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Jacksonville, Lonoke County, Arkansas
When examining property taxes in Jacksonville, 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.
In Lonoke 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 Jacksonville.
For example, the median home price in Jacksonville is $64,350, with tax bills ranging significantly across the county. Zip code 72076 has the highest median home price at $64,350.
Property Tax Assessment Values Across Jacksonville, Lonoke County, Arkansas
Source: Ownwell
$43,650
$94,013
$144,375
Median Jacksonville Market Value
$64,350
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 Jacksonville, Lonoke County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72076 | $11,950 | $33,625 | $64,350 | $104,750 | $157,370 |
Source: Ownwell
Property Tax Bills Across Jacksonville, Lonoke County, Arkansas
Median Jacksonville Tax Bill
$607
Median Lonoke County Tax Bill
$1,186
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Jacksonville, Lonoke County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72076 | $153 | $322 | $607 | $1,088 | $1,647 |
Source: Ownwell