Alpena, Newton County, Arkansas Property Taxes
Median Alpena, Arkansas effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Alpena, Arkansas home value: $71,750
Median annual Alpena, Arkansas tax bill: $551, $1,849 lower than the national median property tax bill of $2,400.
How are property taxes in Newton calculated?
Property taxes in Alpena, 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 Alpena’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Alpena, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Alpena, Newton County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.81%
Estimate Property Tax Bill
$581
$539
Property Tax Rates Across Alpena, Newton County, Arkansas
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services and then divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Alpena, located in Newton County, Arkansas, the effective property tax rate is a crucial factor for homeowners to consider. The median property tax rate in Arkansas is lower than the national median, making it an attractive state for property owners. Alpena's rate aligns closely with the state’s median, providing residents with a favorable property tax environment compared to other parts of the U.S.
For those weighing their options, comparing Alpena’s effective property tax rate to other cities in Arkansas, as well as the median property tax rates in the state and the U.S., can provide valuable insights. Understanding these differences can significantly impact decisions related to property ownership and investment.
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 Alpena Tax Rate
0.81%
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 Newton County Tax Rate
0.71%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alpena, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72611 | 0.59% | 0.70% | 0.81% | 0.85% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Alpena, Newton County, Arkansas
When examining property taxes in Alpena, 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 Newton 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 Newton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Alpena.
For example, the median home price in Alpena is $71,750, with tax bills ranging significantly across the county. Zip code 72611 has the highest median home price at $71,750.
Property Tax Assessment Values Across Alpena, Newton County, Arkansas
Source: Ownwell
$63,150
$83,663
$104,175
Median Alpena Market Value
$71,750
Median Newton County Market Value
$77,850
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alpena, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72611 | $21,125 | $36,675 | $71,750 | $124,562 | $244,490 |
Source: Ownwell
Property Tax Bills Across Alpena, Newton County, Arkansas
Median Alpena Tax Bill
$551
Median Newton County Tax Bill
$525
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Alpena, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72611 | $165 | $278 | $551 | $924 | $1,772 |
Source: Ownwell