Combs, Madison County, Arkansas Property Taxes

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

Median Combs, Arkansas effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%. Median Combs, Arkansas home value: $68,600. Median annual Combs, Arkansas tax bill: $404, $1,996 lower than the national median property tax bill of $2,400. How are property taxes in Madison County calculated? Property taxes in Combs, 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 Combs’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Combs, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Combs, Madison County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$590

$547

Ownwell’s Combs Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Combs with just two data points. By entering your property's estimated assessed value, our calculator applies Combs’ 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 Madison. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Combs, Madison County, Arkansas

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate the budget needed to provide services and divide it by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell. In Combs in Madison County, Arkansas, the effective property tax rate is a crucial factor for homeowners to consider. With a median property tax rate of 0.86%, it is notably lower than the national median property tax rate of 1.02%. This difference can result in significant savings for property owners in Combs compared to other areas in the United States. Understanding how local property tax rates compare to state and national averages can help homeowners make informed decisions about their investments. By being aware of these rates, property owners can better manage their financial planning and potentially appeal their property taxes if they believe their assessed value is too high.

Property Tax Rates Across Combs, Madison County, Arkansas

Source: Ownwell

0.62%

0.77%

0.91%

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 Combs Tax Rate

0.86%

Median Effective Madison County Tax Rate

0.68%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Combs, Madison County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72721	0.10%	0.36%	0.86%	0.90%	0.90%

Source: Ownwell

Property Tax Assessment Values Across Combs, Madison County, Arkansas

When examining property taxes in Combs, 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 Madison 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 Madison County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Combs. For example, the median home price in Combs is $68,600, with tax bills ranging significantly across the county. Zip code 72721 has the highest median home price at $68,600.

Property Tax Assessment Values Across Combs, Madison County, Arkansas

Source: Ownwell

$52,325

$110,563

$168,800

Median Combs Market Value

$68,600

Median Madison County Market Value

$78,900

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Combs, Madison County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72721	$17,790	$37,900	$68,600	$125,350	$183,920

Source: Ownwell

Property Tax Bills Across Combs, Madison County, Arkansas

In Combs, located in Madison County, AR, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of the market value. Homeowners in Combs experience a range of property tax bills, with the 25th percentile at $150 and the 75th percentile reaching $793. The highest median tax bill in the area is $404. These figures are considerably lower than the national median property tax bill of $2,400, making Combs an attractive location for homeowners seeking affordable property taxes.

Several factors influence the property tax bill, including changes in the assessed value of the property and any applicable exemptions or deductions. For homeowners, these taxes can impact the overall cost of homeownership, influencing budgeting and financial planning.

Ownwell can assist homeowners in Combs by reviewing their property tax assessments and identifying potential savings. Through expert analysis and appeal services, Ownwell helps ensure homeowners pay only their fair share, potentially lowering their property tax bills and easing the financial burden associated with homeownership.

Property Tax Bills Across Combs, Madison County, Arkansas

Source: Ownwell

$329

$863

$1,396

Median Combs Tax Bill

$404

Median Madison County Tax Bill

$463

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Combs, Madison County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72721	$39	$150	$404	$793	$1,292

Source: Ownwell