Tilly, Pope County, Arkansas Property Taxes

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

Median Tilly, Arkansas effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Tilly, Arkansas home value: $49,850
Median annual Tilly, Arkansas tax bill: $481, $1,919 lower than the national median property tax bill of $2,400.

How are property taxes in Pope County calculated?

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

Last Updated March 1, 2025

Tilly, Pope County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.98%

Estimate Property Tax Bill

$489

$453

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

Property Tax Rates Across Tilly, Pope County, Arkansas

Local government entities determine tax rates, and there's considerable variation within a state. Each county estimates its budget needs to provide essential services and divides that by the total value of taxable property within its jurisdiction, resulting in the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell. You can compare Tilly’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S. In Tilly, located in Pope County, the effective property tax rate is 0.98%, which aligns closely with the national median property tax rate of 1.02%. This rate is also consistent with the median property tax rate across Arkansas. While Tilly's rate is slightly below the national median, it reflects the state's overall tax approach. Understanding these rates is crucial for property owners in managing their tax liabilities and ensuring they are not overpaying.

Property Tax Rates Across Tilly, Pope County, Arkansas

Source: Ownwell

0.80%

0.90%

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 Tilly Tax Rate

0.98%

Median Effective Pope County Tax Rate

0.92%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tilly, Pope County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72679	0.67%	0.98%	0.98%	0.98%	0.98%

Source: Ownwell

Property Tax Assessment Values Across Tilly, Pope County, Arkansas

When examining property taxes in Tilly, 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 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.

In Pope County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Tilly. For example, the median home price in Tilly is $49,850, with tax bills ranging significantly across the county. 72679 has the highest median home price at $49,850.

Property Tax Assessment Values Across Tilly, Pope County, Arkansas

Source: Ownwell

$37,200

$87,550

$137,900

Median Tilly Market Value

$49,850

Median Pope County Market Value

$105,400

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tilly, Pope County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72679	$11,350	$20,550	$49,850	$71,650	$121,000

Source: Ownwell

Property Tax Bills Across Tilly, Pope County, Arkansas

In Tilly, located in Pope County, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Tilly is $49,850, which is significantly lower than the national median. Homeowners in the area can expect a median property tax bill of $481, considerably below the national median property tax bill of $2,400. Tax bills in Tilly vary, with the 25th percentile at $201 and the 75th percentile at $696, indicating a range of tax burdens depending on property values and assessments. The highest median tax bill in the area is $481, found in the 72679 zip code. These taxes impact homeowners by contributing to local services such as education and infrastructure. Ownwell can assist homeowners by identifying potential inaccuracies in property assessments and filing appeals on their behalf, potentially lowering their tax bills and ensuring they only pay their fair share.

Property Tax Bills Across Tilly, Pope County, Arkansas

Source: Ownwell

$366

$780

$1,193

Median Tilly Tax Bill

$481

Median Pope County Tax Bill

$927

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Tilly, Pope County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72679	$121	$201	$481	$696	$1,243

Source: Ownwell