Emmet, Nevada County, Arkansas Property Taxes

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

Median Emmet, Arkansas effective property tax rate: 0.86%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Emmet, Arkansas home value: $35,200
Median annual Emmet, Arkansas tax bill: $212, $2,188 lower than the national median property tax bill of $2,400.

How are property taxes in Nevada County calculated?

Property taxes in Emmet, 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 Emmet’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Emmet, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Emmet, Nevada County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$303

$281

Ownwell’s Emmet Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Emmet with just two data points. By entering your property's estimated assessed value, our calculator applies Emmet’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 Nevada County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Emmet, Nevada County, Arkansas

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation is primarily due to each county's need to estimate its annual budget for public services and then divide this figure by the total assessed value of all taxable property within its borders, resulting in the property tax rate. While the process involves votes and legal considerations, this annual calculation is the essence of how tax rates are determined.

In Emmet, located in Nevada County, Arkansas, you can compare the effective property tax rate to those in other Arkansas cities, as well as the median property tax rates within the state and across the U.S. Arkansas's median property tax rate is lower than the national median of 1.02%, making it a relatively affordable state for property owners. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Emmet, Nevada County, Arkansas

Source: Ownwell

0.62%

0.80%

0.99%

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 Emmet Tax Rate

0.86%

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 Emmet, Nevada County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71835	0.13%	0.37%	0.86%	0.86%	0.89%

Source: Ownwell

Property Tax Assessment Values Across Emmet, Nevada County, Arkansas

When examining property taxes in Emmet, 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. Assessment notices: 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 Emmet. For example, the median home price in Emmet is $35,200, with tax bills ranging significantly across the county. Zip code 71835 has the highest median home price at $35,200.

Property Tax Assessment Values Across Emmet, Nevada County, Arkansas

Source: Ownwell

$22,650

$49,250

$75,850

Median Emmet Market Value

$35,200

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 Emmet, Nevada County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71835	$5,650	$14,975	$35,200	$67,638	$107,635

Source: Ownwell

Property Tax Bills Across Emmet, Nevada County, Arkansas

In Emmet, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in Emmet, Nevada County, experience property tax bills that vary significantly, with the 25th percentile at $66 and the 75th percentile reaching $450. The highest median tax bill in the area is $212, which is notably lower than the national median property tax bill of $2,400. This discrepancy highlights the relative affordability of property taxes in this region compared to other parts of the country.

Factors such as property improvements, neighborhood developments, and market trends can influence assessed values, thereby affecting tax bills. Homeowners can benefit from appealing their property tax assessments to ensure fair taxation. Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their tax bills. By leveraging local market data and tax regulations, Ownwell helps homeowners achieve significant savings, ensuring they only pay what is necessary.

Property Tax Bills Across Emmet, Nevada County, Arkansas

Source: Ownwell

$117

$249

$380

Median Emmet Tax Bill

$212

Median Nevada County Tax Bill

$203

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Emmet, Nevada County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71835	$27	$66	$212	$450	$655

Source: Ownwell