Manila, Mississippi County, Arkansas Property Taxes
Property Taxes in Manila, Arkansas
Median Manila, Arkansas effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Manila, Arkansas home value: $98,060
Median annual Manila, Arkansas tax bill: $785, $1,615 lower than the national median property tax bill of $2,400.
How are property taxes in Mississippi calculated?
Property taxes in Manila, 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 Manila's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Manila, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Manila, Mississippi County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$853
$792
How Does the Manila Property Tax Calculator Work?
Use this Manila property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Manila's median effective tax rate of 0.87% — 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 Manila'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 Manila: rates range from 0.87% in 72442 to 0.87% in 72442, 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 Manila.
About Manila Property Taxes
About Property Taxes in Manila, Mississippi, Arkansas
Manila’s median effective property tax rate of 0.87% 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 Manila. Homeowners in the 72442 ZIP code carry a median effective rate of 0.87%, while those in the same ZIP code also pay 0.87%. 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 Manila you live in can make a meaningful difference to your annual tax bill.
Manila homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 17, 2026 deadline each year.
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 Manila, 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 Manila's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas 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 ManilaTax Rate
0.87%
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 Manila, Mississippi County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72442 | 0.50% | 0.66% | 0.87% | 0.99% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Manila, Mississippi County, Arkansas
When examining property taxes in Manila, 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.
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 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 Manila.
For example, the median home price in Manila is $98,060, with tax bills ranging significantly across the county. 72442 has the highest median home price at $98,060.
Property Tax Assessment Values Across Manila, Mississippi County, Arkansas
Source: Ownwell
$27,955
$120,750
$213,545
Median Manila Market Value
$98,060
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 Manila, Mississippi County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72442 | $26,948 | $56,570 | $98,060 | $166,660 | $231,385 |
Source: Ownwell
Property Tax Bills Across Manila, Mississippi County, Arkansas
Manila property tax bills are based on the assessed value of a home and the local tax rate set for the area. For homeowners in Manila, the bill is calculated by applying the tax rate to the assessed value, which means a higher assessed value generally leads to a higher tax bill. Local factors, including the home’s market value and any exemptions, can also affect the final amount.
The median home price in Manila is $98,060, and the median property tax bill is $785.00 in ZIP code 72442. That amount is well below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Bills can still vary widely, with the 25th percentile at $381 and the 75th percentile at $1,438. For homeowners, this means property taxes can be a meaningful part of housing costs, especially when assessed values rise.
Median Manila Tax Bill
$785
Median Mississippi County Tax Bill
$527
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Manila, Mississippi County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72442 | $173 | $381 | $785 | $1,438 | $2,086 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Mississippi Tax Assessor | |
| Website | www.arcountydata.com |