Lonoke, Prairie County, Arkansas Property Taxes
Property Taxes in Lonoke, Arkansas
Median Lonoke, Arkansas effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Lonoke, Arkansas home value: $141,450
Median annual Lonoke, Arkansas tax bill: $649, $1,751 lower than the national median property tax bill of $2,400.
How are property taxes in Prairie calculated?
Property taxes in Lonoke, 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 Lonoke's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lonoke, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Lonoke, Prairie County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.75%
Estimate Property Tax Bill
$1,061
$984
How Does the Lonoke Property Tax Calculator Work?
Use this Lonoke property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lonoke's median effective tax rate of 0.75% — based on actual property records in Prairie County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Lonoke's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Lonoke: rates range from 0.75% in 72086 to 0.75% in 72086, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Lonoke.
About Lonoke Property Taxes
About Property Taxes in Lonoke, Prairie, Arkansas
Lonoke’s median effective property tax rate of 0.75% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Prairie County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Lonoke. Homeowners in the 72086 ZIP code carry a median effective rate of 0.75%, while those in the same ZIP code also pay 0.75%. This reflects how school district boundaries and local assessment districts are drawn across Prairie County. Understanding where you live in Lonoke can still make a meaningful difference to your annual tax bill.
Lonoke homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before August 17, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Lonoke, Prairie County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Lonoke's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Lonoke Tax Rate
0.75%
Our median effective property tax rate (tax bill Ă· 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 Prairie County Tax Rate
0.88%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lonoke, Prairie County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72086 | 0.41% | 0.42% | 0.75% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Lonoke, Prairie County, Arkansas
When examining property taxes in Lonoke, 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 Prairie County assessor 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 Prairie 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 Lonoke.
For example, the median home price in Lonoke is $141,450, with tax bills ranging significantly across the county. 72086 has the highest median home price at $141,450.
Property Tax Assessment Values Across Lonoke, Prairie County, Arkansas
Source: Ownwell
$22,450
$81,950
$141,450
Median Lonoke Market Value
$141,450
Median Prairie County Market Value
$51,850
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lonoke, Prairie County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72086 | $42,280 | $65,650 | $141,450 | $212,900 | $233,780 |
Source: Ownwell
Property Tax Bills Across Lonoke, Prairie County, Arkansas
Property tax bills in Lonoke are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value to determine the final bill, so both the home’s value and the jurisdiction’s rates matter.
For homeowners in Lonoke, the size of the bill can vary widely depending on where the property is located and how it is assessed. The median home price is $141,450, and the median property tax bill is $649. That is well below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%.
Bills in the area can range from $390 at the 25th percentile to $1,278 at the 75th percentile, with the 90th percentile reaching $1,909. These differences can have a meaningful effect on homeowners, since a higher assessed value or a higher local rate can increase annual housing costs.
Median Lonoke Tax Bill
$649
Median Prairie County Tax Bill
$312
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Lonoke, Prairie County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72086 | $338 | $390 | $649 | $1,278 | $1,909 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Prairie Tax Assessor | |
| Website | www.actdatascout.com |