Perry, Perry County, Arkansas Property Taxes

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

Median Perry, AR effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Perry, AR home value: $66,850
Median annual Perry, AR tax bill: $306, $2,094 lower than the national median property tax bill of $2,400.

How are property taxes in Perry calculated?

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

Last Updated March 1, 2025

Perry, Perry County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.44%

Estimate Property Tax Bill

$294

$273

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

Property Tax Rates Across Perry, Perry County, Arkansas

Local government entities are responsible for setting tax rates, and these can vary significantly within a state. Each year, counties estimate their budget needs for providing essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and legislation play a role in shaping tax rates and budgets, this is the fundamental process.

In Perry, Arkansas, the effective property tax rate can be compared to other cities in Arkansas and the national average. Perry's property tax rate stands at 0.44%, which is significantly lower than the national median property tax rate of 1.02%. This means that property owners in Perry enjoy a more favorable tax environment compared to many other parts of the country. By understanding these differences, property owners can make informed decisions about their investments and potential savings.

Property Tax Rates Across Perry, Perry County, Arkansas

Source: Ownwell

0.44%

0.55%

0.66%

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 Perry Tax Rate

0.44%

Median Effective Perry County Tax Rate

0.63%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Perry, Perry County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72125	0.13%	0.24%	0.44%	0.76%	0.88%

Source: Ownwell

Property Tax Assessment Values Across Perry, Perry County, Arkansas

When examining property taxes in Perry, 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 Perry 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 Perry 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 Perry. For example, the median home price in Perry is $66,850, with tax bills ranging significantly across the county. Zip code 72125 has the highest median home price at $66,850.

Property Tax Assessment Values Across Perry, Perry County, Arkansas

Source: Ownwell

$66,850

$78,450

$90,050

Median Perry Market Value

$66,850

Median Perry County Market Value

$78,175

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Perry, Perry County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72125	$19,560	$33,025	$66,850	$102,412	$175,595

Source: Ownwell

Property Tax Bills Across Perry, Perry County, Arkansas

In Perry, Arkansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $66,850, homeowners in Perry typically face property tax bills that vary significantly. The 25th percentile tax bill is $151, while the 75th percentile reaches $608. Notably, the highest median tax bill in the area is $306, which is relatively low compared to the national median property tax bill of $2,400. These variations can impact homeowners differently, with some facing higher financial burdens than others. Ownwell offers a solution by providing property tax appeal and exemption services. By reviewing and challenging property assessments, Ownwell can help homeowners potentially lower their tax bills, ensuring they pay only their fair share. This service can be particularly beneficial in Perry, where even a small reduction in tax bills can make a significant difference for homeowners.

Property Tax Bills Across Perry, Perry County, Arkansas

Source: Ownwell

$306

$450

$594

Median Perry Tax Bill

$306

Median Perry County Tax Bill

$443

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Perry, Perry County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72125	$77	$151	$306	$608	$922

Source: Ownwell