Kingston, Newton County, Arkansas Property Taxes
Median Kingston, AR effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Kingston, AR home value: $94,750
Median annual Kingston, AR tax bill: $685, $1,715 lower than the national median property tax bill of $2,400.
How are property taxes in Newton calculated?
Property taxes in Kingston, 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 Kingston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kingston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kingston, Newton County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$692
$642
Property Tax Rates Across Kingston, Newton County, Arkansas
Local government entities determine property tax rates, which can differ significantly across a state. This variation arises because each county, like 05101 in Arkansas, estimates the budget needed to provide essential services and divides this by the total value of all taxable properties within its boundaries. This calculation results in the property tax rate. While votes and legislation play a role in establishing tax rates and budgets, this is essentially the annual procedure.
In Kingston, located in 05101, the effective property tax rate offers a unique comparison to other cities in Arkansas and the national landscape. With Arkansas exhibiting a median property tax rate of 0.73%, Kingston aligns with the state's rate. This is notably lower than the national median property tax rate of 1.02%. Such a comparison highlights Kingston's advantageous position in terms of property tax burden. By understanding these dynamics, property owners in Kingston can better navigate their tax obligations and potentially seek appeals or exemptions to optimize their financial responsibilities.
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 Kingston Tax Rate
0.73%
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 Kingston, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72742 | 0.56% | 0.65% | 0.73% | 0.85% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Kingston, Newton County, Arkansas
When examining property taxes in Kingston, 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 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 Newton 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 Kingston.
For example, the median home price in Kingston is $94,750, with tax bills ranging significantly across the county. Zip code 72742 has the highest median home price at $94,750.
Property Tax Assessment Values Across Kingston, Newton County, Arkansas
Source: Ownwell
$63,150
$83,663
$104,175
Median Kingston Market Value
$94,750
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 Kingston, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72742 | $23,050 | $37,500 | $94,750 | $172,588 | $286,220 |
Source: Ownwell
Property Tax Bills Across Kingston, Newton County, Arkansas
Median Kingston Tax Bill
$685
Median Newton County Tax Bill
$525
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Kingston, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72742 | $139 | $254 | $685 | $1,255 | $2,324 |
Source: Ownwell