Bluff City, Nevada County, Arkansas Property Taxes
Median Bluff City, Arkansas effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Bluff City, Arkansas home value: $24,100
Median annual Bluff City, Arkansas tax bill: $126, $2,274 lower than the national median property tax bill of $2,400.
How are property taxes in Nevada County calculated?
Property taxes in Bluff City, 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 Bluff City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bluff City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bluff City, Nevada County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.63%
Estimate Property Tax Bill
$152
$141
Property Tax Rates Across Bluff City, Nevada County, Arkansas
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. This variability is due to each county's annual process of estimating the budget needed to provide essential services and dividing this by the total assessed value of all taxable property in its area. This calculation determines the property tax rate, which is subject to votes and legislation, but fundamentally, this is how it works each year.
Bluff City, located in Nevada County, Arkansas, offers a unique perspective on property tax rates. The effective property tax rate in Bluff City is 0.63%, aligning with the highest and lowest median tax rates in the state. When compared to the national median property tax rate of 1.02%, Bluff City's rate is significantly lower, making it an attractive option for property owners seeking affordability. This lower tax rate can result in considerable savings for homeowners, especially in comparison to the national median property tax bill of $2,400. Understanding these differences can help property owners make informed decisions about where to invest in real estate and how to manage their property tax liabilities effectively.
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 Bluff City Tax Rate
0.63%
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 Nevada County Tax Rate
0.86%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bluff City, Nevada County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71722 | 0.25% | 0.35% | 0.63% | 0.99% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Bluff City, Nevada County, Arkansas
When examining property taxes in Bluff City, 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 Nevada 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 Nevada 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 Bluff City.
For example, the median home price in Bluff City is $24,100, with tax bills ranging significantly across the county. Zip code 71722 has the highest median home price at $24,100.
Property Tax Assessment Values Across Bluff City, Nevada County, Arkansas
Source: Ownwell
$22,650
$49,250
$75,850
Median Bluff City Market Value
$24,100
Median Nevada County Market Value
$30,700
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bluff City, Nevada County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71722 | $2,500 | $4,912 | $24,100 | $47,938 | $73,705 |
Source: Ownwell
Property Tax Bills Across Bluff City, Nevada County, Arkansas
Median Bluff City Tax Bill
$126
Median Nevada County Tax Bill
$203
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Bluff City, Nevada County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71722 | $22 | $59 | $126 | $206 | $310 |
Source: Ownwell