Pettigrew, Newton County, Arkansas Property Taxes

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

Median Pettigrew, AR effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Pettigrew, AR home value: $44,625
Median annual Pettigrew, AR tax bill: $326, $2,074 lower than the national median property tax bill of $2,400.

How are property taxes in Newton calculated?

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

Last Updated March 1, 2025

Pettigrew, Newton County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$353

$327

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

Property Tax Rates Across Pettigrew, Newton County, Arkansas

Local government entities determine tax rates, which can differ significantly across regions. This variation arises because each county annually calculates its necessary budget for services and divides it by the total assessed value of taxable properties within its jurisdiction, resulting in the property tax rate. While votes and legislative measures play a role in setting these rates and budgets, this is essentially the yearly procedure.

In Pettigrew, located in Newton County, Arkansas, the effective property tax rate is a key point of comparison. When compared to other cities in Arkansas, Pettigrew's rate provides insight into regional property tax burdens. The median property tax rate in Arkansas is 0.79%, which is notably lower than the national median of 1.02%. This comparison highlights Arkansas's relatively favorable property tax climate.

Understanding these rates is crucial for homeowners and potential buyers, as property taxes can significantly impact overall housing costs. By staying informed about local property tax trends, individuals can make more educated financial decisions regarding real estate investments in Pettigrew and beyond.

Property Tax Rates Across Pettigrew, Newton County, Arkansas

Source: Ownwell

0.52%

0.67%

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 Pettigrew Tax Rate

0.79%

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 Pettigrew, Newton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72752	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Pettigrew, Newton County, Arkansas

When examining property taxes in PETTIGREW, AR, 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 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 PETTIGREW. For example, the median home price in PETTIGREW is $44,625, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Pettigrew, Newton County, Arkansas

Source: Ownwell

$63,150

$83,663

$104,175

Median Pettigrew Market Value

$44,625

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 Pettigrew, Newton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72752	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Pettigrew, Newton County, Arkansas

In Pettigrew, located in Newton County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. With a median home price of $44,625, property taxes can significantly impact homeowners' finances. The 25th percentile tax bill is $269, while the 75th percentile is $384, and the 90th percentile reaches $418. Compared to the national median property tax bill of $2,400, Pettigrew homeowners might seem to have an advantage, yet the financial burden can still be substantial relative to local home values. Several factors influence the tax bill, including home improvements and local tax rates, which can fluctuate annually. Ownwell offers a solution by providing property tax appeal services, helping homeowners ensure they are not overpaying. By accurately assessing property values and identifying potential exemptions, Ownwell assists in reducing tax bills, allowing homeowners to save money and better manage their financial obligations.

Property Tax Bills Across Pettigrew, Newton County, Arkansas

Source: Ownwell

$396

$541

$685

Median Pettigrew Tax Bill

$326

Median Newton County Tax Bill

$525

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Pettigrew, Newton County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72752	N/A	N/A	N/A	N/A	N/A

Source: Ownwell