St Joe, Marion County, Arkansas Property Taxes

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

Median ST JOE, AR effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median ST JOE, AR home value: $25,250
Median annual ST JOE, AR tax bill: $225, $2,175 lower than the national median property tax bill of $2,400.

How are property taxes in Marion calculated?

Property taxes in ST JOE, 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 ST JOE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ST JOE, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

St Joe, Marion County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$225

$209

Ownwell’s ST JOE Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in ST JOE with just two data points. By entering your property's estimated assessed value, our calculator applies ST JOE’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 St Joe, Marion County, Arkansas

Local government entities set tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the fundamental annual process.

In ST JOE, located in Marion County, Arkansas, the effective property tax rate is a reflection of this process. Compared to the national median property tax rate of 1.02%, Arkansas's median rate is lower, making it an attractive option for property owners. The median property tax bill in Arkansas is also more affordable than the national median of $2400. This affordability can be a significant factor for residents considering property investments or relocations. Understanding these dynamics can help property owners make informed decisions about their investments and the potential tax implications.

Property Tax Rates Across St Joe, Marion County, Arkansas

Source: Ownwell

0.64%

0.81%

0.98%

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 St Joe Tax Rate

0.89%

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 St Joe, Marion County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72675	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across St Joe, Marion County, Arkansas

When examining property taxes in ST JOE, 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 ST JOE. For example, the median home price in ST JOE is $25,250, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across St Joe, Marion County, Arkansas

Source: Ownwell

$43,525

$118,475

$193,425

Median St Joe Market Value

$25,250

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 St Joe, Marion County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72675	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across St Joe, Marion County, Arkansas

In St. Joe, Marion County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the home's location, size, and improvements can influence its assessed value. The median home price in St. Joe is $25,250, and the property tax bill typically ranges from $204 at the 25th percentile to $259 at the 90th percentile. This is significantly lower than the national median property tax bill of $2,400, making St. Joe an attractive location for homeowners seeking affordability. However, even with lower property taxes, homeowners may still be overassessed, leading to higher tax bills than necessary. This is where Ownwell can help. By providing expert property tax appeal and exemption services, Ownwell assists homeowners in ensuring their property taxes are accurately assessed, potentially saving them money on their annual tax bills.

Property Tax Bills Across St Joe, Marion County, Arkansas

Source: Ownwell

$374

$807

$1,240

Median St Joe Tax Bill

$225

Median Marion County Tax Bill

$708

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across St Joe, Marion County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72675	N/A	N/A	N/A	N/A	N/A

Source: Ownwell