Reader, Ouachita County, Arkansas Property Taxes

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

Median READER, AR effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median READER, AR home value: $8,150
Median annual READER, AR tax bill: $63, $2,337 lower than the national median property tax bill of $2,400.

How are property taxes in Ouachita calculated?

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

Last Updated March 1, 2025

Reader, Ouachita County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.85%

Estimate Property Tax Bill

$69

$64

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

Property Tax Rates Across Reader, Ouachita County, Arkansas

Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county estimates its budgetary needs annually to deliver services and divides this amount by the total value of all taxable property in its area, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the yearly process.

In Camden in Ouachita County, Arkansas, the effective property tax rate is 0.85%. This rate is lower than the national median property tax rate of 1.02%, offering a more affordable option for homeowners. Compared to the national median property tax bill of $2400, Camden residents benefit from lower property tax expenses. This competitive tax rate can make Camden an attractive location for potential homeowners seeking to minimize their property tax burden while enjoying the services funded by these taxes. By understanding how these rates are set and comparing them to national figures, homeowners can make informed decisions about their property investments.

Property Tax Rates Across Reader, Ouachita County, Arkansas

Source: Ownwell

0.85%

0.92%

0.99%

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 Reader Tax Rate

0.85%

Median Effective Ouachita County Tax Rate

0.85%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Reader, Ouachita County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71726	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Reader, Ouachita County, Arkansas

When examining property taxes in Reader, 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 Ouachita County Assessor's Office 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 Ouachita 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 Reader.

For example, the median home price in Reader is $8,150, with tax bills ranging significantly across the county. The national median property tax bill is $2,400, highlighting the variance in property taxes across different regions.

Property Tax Assessment Values Across Reader, Ouachita County, Arkansas

Source: Ownwell

$15,050

$36,800

$58,550

Median Reader Market Value

$8,150

Median Ouachita County Market Value

$39,000

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Reader, Ouachita County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71726	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Reader, Ouachita County, Arkansas

In the city of Reader in Ouachita County, Arkansas, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The median home price is notably low at $8,150, leading to relatively modest property tax bills compared to the national median. The 25th percentile tax bill is $46, while the 75th percentile is $83, and the 90th percentile is $108. These figures are significantly lower than the national median property tax bill of $2,400, making Reader an affordable location for homeowners in terms of property taxes. Despite these lower costs, homeowners can still benefit from ensuring their tax assessments are accurate. Ownwell provides expertise in property tax appeals and exemptions, helping homeowners potentially reduce their tax bills further. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in Reader in securing fair and possibly lower tax obligations, maximizing savings and ensuring they pay only what is necessary.

Property Tax Bills Across Reader, Ouachita County, Arkansas

Source: Ownwell

$38

$266

$493

Median Reader Tax Bill

$63

Median Ouachita County Tax Bill

$254

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Reader, Ouachita County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71726	N/A	N/A	N/A	N/A	N/A

Source: Ownwell