Stamps, Nevada County, Arkansas Property Taxes

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

Median STAMPS, AR effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median STAMPS, AR home value: $75,850
Median annual STAMPS, AR tax bill: $380, $2,020 lower than the national median property tax bill of $2,400.

How are property taxes in Nevada calculated?

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

Last Updated March 1, 2025

Stamps, Nevada County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.47%

Estimate Property Tax Bill

$665

$617

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

Property Tax Rates Across Stamps, Nevada County, Arkansas

Local government entities set tax rates, which can vary widely within a state. This variation exists 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. In Stamps, located in Nevada County, Arkansas, the property tax landscape reflects these principles. The effective property tax rate here is 0.62%, which aligns with the highest and lowest rates in the area, as the same rate applies throughout. This rate is significantly lower than the national median property tax rate of 1.02%. Consequently, property owners in Stamps benefit from lower tax bills compared to the national median property tax bill of $2,400. This makes Stamps an attractive location for property owners seeking affordability in property taxes.

Property Tax Rates Across Stamps, Nevada County, Arkansas

Source: Ownwell

0.47%

0.51%

0.55%

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 Stamps Tax Rate

0.47%

Median Effective Nevada County Tax Rate

0.62%

Median Effective Arkansas Tax Rate

0.81%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Stamps, Nevada County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71860	0.12%	0.20%	0.47%	0.50%	0.52%

Source: Ownwell

Property Tax Assessment Values Across Stamps, Nevada County, Arkansas

When examining property taxes in Stamps, 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 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 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 Stamps.

For example, the median home price in Stamps is $75,850, with tax bills ranging significantly across the county. Zip code 71860 has the highest median home price at $75,850.

Property Tax Assessment Values Across Stamps, Nevada County, Arkansas

Source: Ownwell

$45,275

$93,425

$141,575

Median Stamps Market Value

$141,575

Median Nevada County Market Value

$49,450

Median Arkansas Market Value

$118,750

Median United States Market Value

$235,294

Property Tax Assessment Values Across Stamps, Nevada County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71860	$27,570	$42,875	$141,575	$176,675	$236,115

Source: Ownwell

Property Tax Bills Across Stamps, Nevada County, Arkansas

In Stamps, Nevada County, AR, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The median home price in Stamps is $75,850, and property taxes are levied accordingly. Homeowners in Stamps typically face a tax bill ranging from $257 at the 25th percentile to $819 at the 90th percentile. The median property tax bill in the area stands at $380, which is significantly lower than the national median of $2,400. This lower tax burden can be attributed to the relatively modest property values in the area.

For homeowners looking to manage their property tax expenses, Ownwell offers valuable assistance. By leveraging their expertise in property tax appeals and exemptions, Ownwell helps homeowners potentially reduce their tax bills. This can be especially beneficial for those whose assessed values do not accurately reflect their property's market value. With Ownwell's support, homeowners can ensure they are paying a fair and accurate amount, potentially saving money and easing the financial burden of property taxes.

Property Tax Bills Across Stamps, Nevada County, Arkansas

Source: Ownwell

$129

$275

$421

Median Stamps Tax Bill

$421

Median Nevada County Tax Bill

$219

Median Arkansas Tax Bill

$870

Median United States Tax Bill

$2,400

Property Tax Bills Across Stamps, Nevada County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71860	$101	$214	$421	$759	$978

Source: Ownwell