Burdette, Mississippi County, Arkansas Property Taxes
Median Burdette, Arkansas effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Burdette, Arkansas home value: $80,370
Median annual Burdette, Arkansas tax bill: $592, $1,808 lower than the national median property tax bill of $2,400.
How are property taxes in Mississippi County calculated?
Property taxes in Burdette, 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 Burdette’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Burdette, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Burdette, Mississippi County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.75%
Estimate Property Tax Bill
$603
$559
Property Tax Rates Across Burdette, Mississippi County, Arkansas
Local government entities determine tax rates, which can differ significantly within a state. Every year, each county calculates its necessary budget to fund services and divides it by the total value of all taxable property within its area. This process establishes the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the fundamental annual procedure.
You can compare Burdette’s effective property tax rate to other cities in Arkansas, as well as the median property tax rates in Arkansas and the U.S. The effective property tax rate in Burdette is 0.75%, which is lower than the national median property tax rate of 1.02%. This makes Burdette an attractive location for property owners seeking lower tax obligations. In Mississippi County, where Burdette is located, the tax rate is consistent, with the highest and lowest median tax rates both at 0.75%. This stability can be advantageous for property owners looking for predictable tax expenses. Overall, Burdette offers a competitive tax environment compared to the national landscape, making it a potentially appealing option for property investment.
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 Burdette Tax Rate
0.75%
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 Mississippi County Tax Rate
0.86%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Burdette, Mississippi County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72321 | 0.64% | 0.68% | 0.75% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Burdette, Mississippi County, Arkansas
When examining property taxes in Burdette, 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 Mississippi 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 Mississippi County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Burdette. For example, the median home price in Burdette is $80,370, with tax bills ranging significantly across the county. Zip code 72321 has the highest median home price at $80,370.
Property Tax Assessment Values Across Burdette, Mississippi County, Arkansas
Source: Ownwell
$28,060
$119,774
$211,488
Median Burdette Market Value
$80,370
Median Mississippi County Market Value
$66,110
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Burdette, Mississippi County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72321 | $7,186 | $59,040 | $80,370 | $148,905 | $224,963 |
Source: Ownwell
Property Tax Bills Across Burdette, Mississippi County, Arkansas
Median Burdette Tax Bill
$592
Median Mississippi County Tax Bill
$527
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Burdette, Mississippi County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72321 | $61 | $384 | $592 | $1,185 | $1,851 |
Source: Ownwell