Roe, Monroe County, Arkansas Property Taxes
Last Updated March 1, 2025
Roe, Monroe County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.96%
Estimate Property Tax Bill
$379
$352
Property Tax Rates Across Roe, Monroe County, Arkansas
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation is due to the fact that each county annually estimates the budget needed to provide essential services and divides it by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although voting and legal processes are part of setting these rates and budgets, this is the basic annual procedure.
In ROE, located in Monroe County, Arkansas, the effective property tax rate provides an interesting point of comparison to other cities within the state. The median property tax rate in Arkansas is slightly below the national median of 1.02%. This means that property owners in ROE may benefit from relatively lower property tax rates compared to the national average. Understanding these differences can be crucial for property owners when considering the financial implications of property taxes on their investments. By comparing ROE’s property tax rate to the median rates in Arkansas and the U.S., property owners can make informed decisions about their property investments.
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 Roe Tax Rate
0.96%
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 Monroe County Tax Rate
0.96%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Roe, Monroe County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72134 | 0.84% | 0.95% | 0.96% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Roe, Monroe County, Arkansas
When examining property taxes in ROE, 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 Monroe County Assessor 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 Monroe 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 ROE.
For example, the median home price in ROE is $39,500, with tax bills ranging significantly across the county. 72134 has the highest median home price at $39,500.
Property Tax Assessment Values Across Roe, Monroe County, Arkansas
Source: Ownwell
$31,100
$45,650
$60,200
Median Roe Market Value
$39,500
Median Monroe County Market Value
$34,500
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Roe, Monroe County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72134 | $4,420 | $19,850 | $39,500 | $73,650 | $120,000 |
Source: Ownwell
Property Tax Bills Across Roe, Monroe County, Arkansas
Median Roe Tax Bill
$397
Median Monroe County Tax Bill
$356
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Roe, Monroe County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72134 | $87 | $214 | $397 | $753 | $1,131 |
Source: Ownwell