Roe, Monroe County, Arkansas Property Taxes

Name: Property Tax Bills Across Roe, Monroe County, Arkansas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Roe, Arkansas effective property tax rate: 0.96%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%. Median Roe, Arkansas home value: $39,500. Median annual Roe, Arkansas tax bill: $397, which is $2,003 lower than the national median property tax bill of $2,400. How are property taxes in Monroe County calculated? Property taxes in Roe, 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 Roe’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Roe, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Roe, Monroe County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.96%

Estimate Property Tax Bill

$379

$352

Ownwell’s ROE Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in ROE with just two data points. By entering your property's estimated assessed value, our calculator applies ROE’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Monroe County. For those interested in more localized information, please scroll down to explore city-level trends!

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.

Property Tax Rates Across Roe, Monroe County, Arkansas

Source: Ownwell

0.83%

0.95%

1.07%

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%

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

In Roe, Monroe County, AR, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the property's market value. Homeowners in Roe face a median property tax bill of $397, which is significantly lower than the national median of $2400. Factors influencing the tax bill include the property's value and any applicable exemptions or deductions. Homeowners in Roe may find relief as the 25th percentile tax bill is $214, while those in higher value brackets could see bills up to $1131 at the 90th percentile. These figures highlight the variability in tax bills across different property values. Ownwell can assist homeowners by identifying potential savings through appeals or exemptions, ensuring they pay only their fair share. By leveraging local expertise and data-driven insights, Ownwell helps homeowners navigate the complexities of property tax assessments, potentially reducing their financial burden.

Property Tax Bills Across Roe, Monroe County, Arkansas

Source: Ownwell

$278

$421

$564

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