Parthenon, Newton County, Arkansas Property Taxes
Property Taxes in Parthenon, Arkansas
Median Parthenon, Arkansas effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Parthenon, Arkansas home value: $66,900
Median annual Parthenon, Arkansas tax bill: $257, $2,143 lower than the national median property tax bill of $2,400.
How are property taxes in Newton calculated?
Property taxes in Parthenon, 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 Parthenon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Parthenon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Parthenon, Newton County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.61%
Estimate Property Tax Bill
$408
$379
How Does the Parthenon Property Tax Calculator Work?
Use this Parthenon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Parthenon’s median effective tax rate of 0.61% — based on actual property records in Newton County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Parthenon’s median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Parthenon: rates range by local school district levies and assessment districts, so the final amount can differ from one area to another.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Parthenon.
About Parthenon Property Taxes
About Property Taxes in Parthenon, Newton, Arkansas
Parthenon’s median effective property tax rate of 0.61% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Newton County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Parthenon. Homeowners in different parts of the city may see different tax bills because school district boundaries and local assessment districts are drawn across Newton County. Understanding which part of Parthenon you live in can make a meaningful difference to your annual tax bill.
Parthenon homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before August 17, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Parthenon, Newton County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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.
Below, you can compare Parthenon’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Parthenon Tax Rate
0.61%
Our median effective property tax rate (tax bill Ă· 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
0.58%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Parthenon, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72666 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Parthenon, Newton County, Arkansas
When examining property taxes in Parthenon, 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.
Assessment notices:
In Newton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of spring.
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 Parthenon.
For example, the median home price in Parthenon is $66,900, with tax bills ranging significantly across the county. The median tax bill is $257, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400.
Property Tax Assessment Values Across Parthenon, Newton County, Arkansas
Source: Ownwell
$65,900
$77,650
$89,400
Median Parthenon Market Value
$66,900
Median Newton County Market Value
$78,825
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Parthenon, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72666 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Parthenon, Newton County, Arkansas
How are property tax bills calculated in Parthenon?
Property tax bills in Parthenon are based on the assessed value of a home, which is determined by local taxing authorities using the property’s market value and any applicable exemptions. The tax rate is then applied to that assessed value to calculate the amount owed. For homeowners, this means a higher assessed value can lead to a higher bill, while exemptions may help reduce the total. In Newton County, the median home price is $66,900, and property tax bills are often well below the national median property tax bill of $2,400. The 25th percentile tax bill is $72, the 75th percentile is $597, and the 90th percentile reaches $1,180. These figures show that property taxes can vary widely depending on the home’s value and how it is assessed. For many homeowners, even a small change in assessed value can affect annual housing costs.
Median Parthenon Tax Bill
$257
Median Newton County Tax Bill
$353
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Parthenon, Newton County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72666 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Newton Tax Assessor | |
| Website | www.arcountydata.com |