Marble Falls, Newton County, Arkansas Property Taxes
Median Marble Falls, AR effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Marble Falls, AR home value: $84,250
Median annual Marble Falls, AR tax bill: $520, $1,880 lower than the national median property tax bill of $2,400.
How are property taxes in Newton County calculated?
Property taxes in Marble Falls, 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 Marble Falls’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Marble Falls, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Marble Falls, Newton County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$548
$508
Property Tax Rates Across Marble Falls, Newton County, Arkansas
Local government entities determine tax rates, leading to significant variations within Arkansas. Each county, including Newton County, calculates its budget for essential services, dividing it by the total value of taxable property, establishing the property tax rate. This process, though influenced by votes and legislation, essentially follows this annual routine.
In Marble Falls, the effective property tax rate aligns with the state's median of 0.65%, which is below the national median of 1.02%. This lower rate can be appealing for property owners, offering potential savings compared to many other regions across the United States. Such a favorable tax environment can enhance the attractiveness of Marble Falls as a residential area, providing financial relief to homeowners.
Understanding how these rates compare to other cities in Arkansas and the national average can be crucial for property owners. With the national median property tax bill at $2,400, the lower rates in Marble Falls suggest a more affordable property tax burden, potentially benefiting those looking to invest or reside in the area.
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 Marble Falls Tax Rate
0.65%
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 Marble Falls, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72648 | 0.46% | 0.54% | 0.65% | 0.71% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Marble Falls, Newton County, Arkansas
When examining property taxes in Marble Falls, 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.
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 Marble Falls.
For example, the median home price in Marble Falls is $84,250, with tax bills ranging significantly across the county. Zip code 72648 has the highest median home price at $84,250.
Property Tax Assessment Values Across Marble Falls, Newton County, Arkansas
Source: Ownwell
$63,150
$83,663
$104,175
Median Marble Falls Market Value
$84,250
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 Marble Falls, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72648 | $24,350 | $46,400 | $84,250 | $139,700 | $223,300 |
Source: Ownwell
Property Tax Bills Across Marble Falls, Newton County, Arkansas
Median Marble Falls Tax Bill
$520
Median Newton County Tax Bill
$525
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Marble Falls, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72648 | $132 | $300 | $520 | $866 | $1,294 |
Source: Ownwell