Poplar Grove, Phillips County, Arkansas Property Taxes

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

Median Poplar Grove, Arkansas effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Poplar Grove, Arkansas home value: $39,450
Median annual Poplar Grove, Arkansas tax bill: $335, $2,065 lower than the national median property tax bill of $2,400.

How are property taxes in Phillips County calculated?

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

Last Updated March 1, 2025

Poplar Grove, Phillips County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.87%

Estimate Property Tax Bill

$343

$318

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

Property Tax Rates Across Poplar Grove, Phillips County, Arkansas

Local government entities in Arkansas set tax rates, which can vary widely within the state. Each year, counties estimate the budget required to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. In Poplar Grove, located in Phillips County, the effective property tax rate is 0.87%. This rate is notably lower than the national median property tax rate of 1.02%. Compared to other regions in Arkansas, Poplar Grove's tax rate is consistent, as the highest and lowest median tax rates in the state are both 0.87%. This consistency can be advantageous for property owners looking to appeal or manage their property taxes, as it provides a predictable tax environment. Understanding these rates and how they compare to state and national averages can help property owners make informed decisions about property tax appeals and exemptions.

Property Tax Rates Across Poplar Grove, Phillips County, Arkansas

Source: Ownwell

0.79%

1.00%

1.21%

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 Poplar Grove Tax Rate

0.87%

Median Effective Phillips County Tax Rate

0.97%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Poplar Grove, Phillips County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72374	0.25%	0.45%	0.87%	0.87%	1.04%

Source: Ownwell

Property Tax Assessment Values Across Poplar Grove, Phillips County, Arkansas

When examining property taxes in Poplar Grove, 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 Phillips 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 Phillips County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Poplar Grove. For example, the median home price in Poplar Grove is $39,450, with tax bills ranging significantly across the county. Zip code 72374 has the highest median home price at $39,450.

Property Tax Assessment Values Across Poplar Grove, Phillips County, Arkansas

Source: Ownwell

$27,675

$36,913

$46,150

Median Poplar Grove Market Value

$39,450

Median Phillips County Market Value

$31,950

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Poplar Grove, Phillips County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72374	$14,310	$24,500	$39,450	$82,450	$162,930

Source: Ownwell

Property Tax Bills Across Poplar Grove, Phillips County, Arkansas

Property tax bills in Poplar Grove, located in Phillips County, Arkansas, are calculated based on the assessed value of a home. The assessed value is a percentage of the home's market value, which is then multiplied by the local tax rate to determine the annual tax bill. In Poplar Grove, the median home price is $39,450, which influences the property tax bill. The tax bill can vary significantly, with the 25th percentile at $196 and the 90th percentile reaching $1,537, highlighting the range of potential costs for homeowners. Compared to the national median property tax bill of $2,400, Poplar Grove offers relatively lower tax obligations. However, property taxes can still pose a financial burden. This is where Ownwell steps in to assist homeowners. By providing expert property tax appeal and exemption services, Ownwell helps ensure that homeowners are not overpaying. Their dedicated team works to identify opportunities for tax savings, potentially reducing the financial strain of property taxes and offering peace of mind.

Property Tax Bills Across Poplar Grove, Phillips County, Arkansas

Source: Ownwell

$240

$339

$437

Median Poplar Grove Tax Bill

$335

Median Phillips County Tax Bill

$283

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Poplar Grove, Phillips County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72374	$85	$196	$335	$812	$1,537

Source: Ownwell