Harriet, Marion County, Arkansas Property Taxes
Median Harriet, AR effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Harriet, AR home value: $92,700
Median annual Harriet, AR tax bill: $780, $1,620 lower than the national median property tax bill of $2,400.
How are property taxes in Marion calculated?
Property taxes in Harriet, 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 Harriet’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Harriet, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Harriet, Marion County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$760
$705
Ownwell’s Harriet Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Harriet with just two data points.
By entering your property's estimated assessed value, our calculator applies Harriet’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 05089.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Harriet, Marion County, Arkansas
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 Harriet Tax Rate
0.82%
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 Marion County Tax Rate
0.86%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Harriet, Marion County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72639 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Harriet, Marion County, Arkansas
When examining property taxes in Harriet, 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 Marion 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 Marion 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 Harriet. For example, the median home price in Harriet is $92,700, with tax bills ranging significantly across the county. 72639 has the highest median home price at $124,900.
Property Tax Assessment Values Across Harriet, Marion County, Arkansas
Source: Ownwell
$43,525
$118,475
$193,425
Median Harriet Market Value
$92,700
Median Marion County Market Value
$88,850
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Harriet, Marion County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72639 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Harriet, Marion County, Arkansas
In Harriet, located within Marion County, Arkansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $92,700, and taxes are assessed accordingly. Homeowners here typically see a property tax bill around the 25th percentile at $434, while those at the higher end, like the 75th and 90th percentiles, pay approximately $1,249 and $1,624, respectively. These figures are notably lower than the national median property tax bill of $2,400, reflecting the region’s more favorable tax rates.
Property taxes can significantly impact homeowners, affecting their overall cost of living and financial planning. This is where Ownwell steps in to assist homeowners in Harriet. By leveraging their expertise in property tax appeals and exemptions, Ownwell helps homeowners potentially reduce their tax bills. Their professional guidance ensures that homeowners pay only what is fair, providing peace of mind and financial relief.
Median Harriet Tax Bill
$780
Median Marion County Tax Bill
$708
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Harriet, Marion County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72639 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell