Fulton, Miller County, Arkansas Property Taxes
Median FULTON, AR effective property tax rate: 0.41%, significantly lower than the national median of 1.02%, and also lower than the Arkansas state median of 0.84%.
Median FULTON, AR home value: $85,650
Median annual FULTON, AR tax bill: $349, $2,051 lower than the national median property tax bill of $2,400.
How are property taxes in Miller calculated?
Property taxes in FULTON, 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 FULTON’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FULTON, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fulton, Miller County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.41%
Estimate Property Tax Bill
$351
$326
Property Tax Rates Across Fulton, Miller County, Arkansas
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. This variation is primarily due to each county's annual process of estimating the budget needed to deliver public services and dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While the process involves votes and laws to establish tax rates and budgets, this is essentially how it works each year.
Comparing Fulton's effective property tax rate to other cities in Arkansas reveals interesting insights. With a rate of 0.41%, Miller County's rate is significantly lower than the national median property tax rate of 1.02%. This suggests that property owners in Fulton may benefit from relatively lower property tax bills compared to the national median of $2,400. Understanding these differences can help property owners in Fulton make informed decisions about property investments and tax appeals.
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 Fulton Tax Rate
0.41%
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 Fulton, Miller County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71838 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Fulton, Miller County, Arkansas
When examining property taxes in Fulton, 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 the season. 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 Fulton. For example, the median home price in Fulton is $85,650, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Fulton, Miller County, Arkansas
Source: Ownwell
$13,100
$49,663
$86,225
Median Fulton Market Value
$85,650
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 Fulton, Miller County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71838 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Fulton, Miller County, Arkansas
In Fulton, Arkansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For homeowners in Miller County, the median home price is $85,650. The property tax bill can vary significantly, with those in the 25th percentile paying around $219, while the 90th percentile sees bills as high as $1,531. This variability can be attributed to differences in property values and applicable exemptions. The local tax rate is a crucial factor, and with the national median property tax rate at 1.02%, homeowners in this area may experience lower or higher rates depending on local assessments.
For homeowners looking to reduce their tax burden, Ownwell offers expert property tax appeal services. By analyzing property assessments and identifying potential discrepancies, Ownwell can help ensure that homeowners are not overpaying. Additionally, Ownwell assists in securing applicable exemptions, further reducing the tax bill. This service not only provides financial relief but also peace of mind, knowing that property taxes are being managed effectively.
Median Fulton Tax Bill
$349
Median Miller County Tax Bill
$630
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Fulton, Miller County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71838 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell