Russellville, Pope County, Arkansas Property Taxes
Median Russellville, AR effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Russellville, AR home value: $121,350
Median annual Russellville, AR tax bill: $1,053, $1,347 lower than the national median property tax bill of $2,400.
How are property taxes in Pope County calculated?
Property taxes in Russellville, 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 Russellville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Russellville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Russellville, Pope County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.92%
Estimate Property Tax Bill
$1,124
$1,043
Property Tax Rates Across Russellville, Pope County, Arkansas
Local government entities in Arkansas, like those in other states, set property tax rates, which can vary significantly within the state. This variance is due to each county estimating its required budget to provide essential services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Russellville, located in Pope County, the effective property tax rate is quite competitive compared to other cities in Arkansas. The median property tax rate in Arkansas is 0.91%, which is below the national median of 1.02%. This positions Russellville favorably for property owners seeking lower property tax obligations. For those comparing property tax rates, Russellville offers a balanced option with its effective tax rate, providing residents with a cost-effective choice in property ownership.
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 Russellville Tax Rate
0.92%
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 Pope County Tax Rate
0.92%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Russellville, Pope County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72801 | 0.66% | 0.87% | 0.92% | 0.92% | 0.92% |
| 72802 | 0.67% | 0.84% | 0.91% | 0.92% | 0.98% |
| 72802 | N/A | N/A | N/A | N/A | N/A |
| 72847 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Russellville, Pope County, Arkansas
When examining property taxes in Russellville, 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 Pope 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.
Assessment notices: In Pope 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 Russellville. For example, the median home price in Russellville is $121,350, with tax bills ranging significantly across the county. Zip code 72802 has the highest median home price at $137,900.
Property Tax Assessment Values Across Russellville, Pope County, Arkansas
Source: Ownwell
$36,870
$88,085
$139,300
Median Russellville Market Value
$122,165
Median Pope County Market Value
$106,500
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Russellville, Pope County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72801 | $29,725 | $67,700 | $99,425 | $149,750 | $216,655 |
| 72802 | $33,320 | $88,252 | $139,300 | $199,850 | $285,790 |
| 72802 | N/A | N/A | N/A | N/A | N/A |
| 72847 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Russellville, Pope County, Arkansas
Median Russellville Tax Bill
$1,071
Median Pope County Tax Bill
$950
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Russellville, Pope County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72801 | $449 | $632 | $896 | $1,309 | $1,933 |
| 72802 | $337 | $760 | $1,212 | $1,746 | $2,560 |
| 72802 | N/A | N/A | N/A | N/A | N/A |
| 72847 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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| Appeal Deadline | August 17 |
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