Luxora, Mississippi County, Arkansas Property Taxes
Property Taxes in Luxora, Arkansas
Median Luxora, 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 Luxora, Arkansas home value: $27,955
Median annual Luxora, Arkansas tax bill: $239, $2,161 lower than the national median property tax bill of $2,400.
How are property taxes in Mississippi calculated?
Property taxes in Luxora, 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 Luxora's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Luxora, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Luxora, Mississippi County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$254
$236
How Does the Luxora Property Tax Calculator Work?
Use this Luxora property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Luxora's median effective tax rate of 0.91% — based on actual property records in Mississippi 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 Luxora'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 Luxora: rates range from 0.91% in 72358 to 0.91% in 72358, 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 Luxora.
About Luxora Property Taxes
About Property Taxes in Luxora, Mississippi, Arkansas
Luxora’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 Mississippi 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 Luxora. Homeowners in the 72358 ZIP code carry a median effective rate of 0.91%, while those in the same ZIP code pay 0.91%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Mississippi County. Understanding which part of Luxora you live in can make a meaningful difference to your annual tax bill.
Luxora homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before August 17, 2026.
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 Luxora, Mississippi 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 Luxora's effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi 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 LuxoraTax 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 MississippiCounty Tax Rate
0.86%
Median Effective ArkansasTax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Luxora, Mississippi County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72358 | 0.56% | 0.77% | 0.91% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Luxora, Mississippi County, Arkansas
When examining property taxes in Luxora, Mississippi, 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.
Assessment notices:
In Mississippi County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities in Luxora.
For example, the median home price in Luxora is $27,955, with tax bills ranging significantly across the county. ZIP code 72358 has the highest median home price at $27,955.
Property Tax Assessment Values Across Luxora, Mississippi County, Arkansas
Source: Ownwell
$27,955
$120,750
$213,545
Median Luxora Market Value
$27,955
Median Mississippi County Market Value
$65,855
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Luxora, Mississippi County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72358 | $9,000 | $17,078 | $27,955 | $50,398 | $80,790 |
Source: Ownwell
Property Tax Bills Across Luxora, Mississippi County, Arkansas
Property tax bills in Luxora are calculated from the assessed value of a home and the local tax rate set by the county and other taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill. For homeowners, this means the amount owed is tied to both the home’s value and the tax rate applied to that value.
In Luxora, the median home price is $27,955, and the median tax bill is $239.00 in ZIP code 72358. That bill is below the national median property tax bill of $2,400 and far below the national median property tax rate of 1.02%. Bills can still vary widely: the 25th percentile tax bill is $143, while the 75th percentile is $387 and the 90th percentile is $641. This spread shows how differences in assessed value and local rates can significantly affect what homeowners pay each year.
Median Luxora Tax Bill
$239
Median Mississippi County Tax Bill
$527
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Luxora, Mississippi County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72358 | $69 | $143 | $239 | $387 | $641 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Mississippi Tax Assessor | |
| Website | www.arcountydata.com |