Fouke, Miller County, Arkansas Property Taxes
Median Fouke, AR effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Fouke, AR home value: $63,100
Median annual Fouke, AR tax bill: $470, $1,930 lower than the national median property tax bill of $2,400.
How are property taxes in Miller County calculated?
Property taxes in Fouke, 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 Fouke’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fouke, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fouke, Miller County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.81%
Estimate Property Tax Bill
$511
$474
Property Tax Rates Across Fouke, Miller County, Arkansas
Local government entities in Arkansas, like elsewhere, set property tax rates, which can vary significantly within the state. This is because each county, including Miller County, estimates its required budget annually to provide essential services. This budget is then divided by the total assessed value of all taxable property within the county, resulting in the property tax rate. While setting these rates involves votes and legislation, this is essentially the annual process.
In Fouke, located in Miller County, the effective property tax rate is 0.81%, which is the same as Arkansas's median tax rate. This is notably lower than the national median property tax rate of 1.02%. Consequently, property owners in Fouke benefit from lower property tax bills compared to the national average. This makes Fouke an attractive location for those seeking affordable property taxes. Understanding how these rates are determined and how they compare to state and national averages can be crucial when considering property investments or relocations.
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 Fouke Tax Rate
0.81%
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 Miller County Tax Rate
0.86%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fouke, Miller County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71837 | 0.18% | 0.44% | 0.81% | 1.11% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Fouke, Miller County, Arkansas
When examining property taxes in Fouke, 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 Miller 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 Miller 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 Fouke.
For example, the median home price in Fouke is $63,100, with tax bills ranging significantly across the county. Zip code 71837 has the highest median home price at $63,100.
Property Tax Assessment Values Across Fouke, Miller County, Arkansas
Source: Ownwell
$13,100
$49,663
$86,225
Median Fouke Market Value
$63,100
Median Miller County Market Value
$80,350
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fouke, Miller County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71837 | $13,750 | $32,350 | $63,100 | $118,825 | $183,400 |
Source: Ownwell
Property Tax Bills Across Fouke, Miller County, Arkansas
Median Fouke Tax Bill
$470
Median Miller County Tax Bill
$630
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Fouke, Miller County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71837 | $55 | $182 | $470 | $954 | $1,655 |
Source: Ownwell