Peel, Marion County, Arkansas Property Taxes
Property Taxes in Peel, Arkansas
Median Peel, Arkansas effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Peel, Arkansas home value: $97,150
Median annual Peel, Arkansas tax bill: $794, lower than the national median property tax bill of $2,400.
How are property taxes in Marion calculated?
Property taxes in Peel, 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 Peel's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Peel, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Peel, Marion County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$884
$820
How Does the Peel Property Tax Calculator Work?
Use this Peel property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Peel's median effective tax rate of 0.91% — based on actual property records in Marion 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 Peel's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Peel: rates range from 0.91% in 72668 to 0.91% in 72668, 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 Peel.
About Peel Property Taxes
About Property Taxes in PEEL, Marion, Arkansas
PEEL's median effective property tax rate of 0.91% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Marion 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 PEEL. Homeowners in the 72668 ZIP code carry a median effective rate of 0.91%, while those in 72668 pay 0.91%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Marion County. Understanding which part of PEEL you live in can make a meaningful difference to your annual tax bill.
PEEL homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 17, 2026 deadline each year.
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 Peel, Marion 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 Peels 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 ÷ 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 Peel Tax Rate
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 Marion County Tax Rate
0.91%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Peel, Marion County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72668 | 0.52% | 0.70% | 0.91% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Peel, Marion County, Arkansas
When examining property taxes in Peel, 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 assessor 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:
In Marion County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.
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 Peel.
For example, the median home price in Peel is $97,150, with tax bills ranging significantly across the county. 72668 has the highest median home price at $97,150.
Property Tax Assessment Values Across Peel, Marion County, Arkansas
Source: Ownwell
$43,750
$94,625
$145,500
Median Peel Market Value
$97,150
Median Marion County Market Value
$90,800
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Peel, Marion County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72668 | $15,510 | $45,200 | $97,150 | $171,000 | $262,710 |
Source: Ownwell
Property Tax Bills Across Peel, Marion County, Arkansas
Property tax bills in PEEL 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 use that assessment to determine how much a homeowner owes each year, so changes in value can directly affect the bill.
With a median home price of $97,150, property taxes in PEEL can vary widely depending on the home and its location within Marion County. The 25th percentile tax bill is $337, while the 75th percentile is $1,312 and the 90th percentile reaches $2,063. The median tax bill is $794, which is well below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%.
For homeowners, this means a lower tax burden than many parts of the country, but even modest increases in assessed value can raise the amount due.
Median Peel Tax Bill
$794
Median Marion County Tax Bill
$733
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Peel, Marion County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72668 | $117 | $337 | $794 | $1,312 | $2,063 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Marion Tax Assessor | |
| Website | www.actdatascout.com |