Property Taxes in Ulm, Arkansas
Median ULM, Arkansas effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median ULM, Arkansas home value: $47,350
Median annual ULM, Arkansas tax bill: $237, $2,163 lower than the national median property tax bill of $2,400.
How are property taxes in Prairie calculated?
Property taxes in ULM, 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 ULM's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ULM, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the ULM Property Tax Calculator Work?
Use this ULM property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies ULM's median effective tax rate of 0.61% — 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 ULM'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 ULM: rates range from 0.61% in 72170 to 0.61% in 72170, 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 ULM.
About Ulm Property Taxes
About Property Taxes in Ulm, Prairie, Arkansas
Ulm’s median effective property tax rate of 0.61% 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 Ulm. Homeowners in the 72170 ZIP code carry a median effective rate of 0.61%, and those in the same ZIP code also pay a median tax bill of $237.00. This shows how local assessment districts and school district boundaries can shape what homeowners owe, even within a small area.
Ulm homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 17, 2026 deadline each year.
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 Ulm, 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 ULM'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 ÷ 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 Ulm Tax Rate
0.61%
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 Prairie County Tax Rate
0.88%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Ulm, Prairie County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72170 | 0.11% | 0.21% | 0.61% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Ulm, Prairie County, Arkansas
When examining property taxes in ULM, 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 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 Prairie County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 ULM.
For example, the median home price in ULM is $47,350, with tax bills ranging significantly across the county. 72170 has the highest median home price at $47,350.
Property Tax Assessment Values Across Ulm, Prairie County, Arkansas
Source: Ownwell
$22,450
$81,950
$141,450
Median Ulm Market Value
$47,350
Median Prairie County Market Value
$51,850
Median Arkansas Market Value
$118,750
Median United States Market Value
$274,101
Property Tax Assessment Values Across Ulm, Prairie County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72170 | $16,135 | $35,288 | $47,350 | $69,300 | $102,540 |
Source: Ownwell
Property Tax Bills Across Ulm, Prairie County, Arkansas
Property tax bills in ULM are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessed value to determine the final bill, so a higher assessment can lead to a higher tax bill. For homeowners in Prairie County, the median home price is $47,350, which helps show how property taxes are tied to local home values.
The typical bill can vary widely depending on the property and its assessment. In ULM, the 25th percentile tax bill is $130, while the 75th percentile is $459 and the 90th percentile is $669. The median tax bill is $237, and that figure is the same in the highest and lowest median tax bill ZIP code, 72170. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, homeowners in ULM generally face much lower property tax bills.
Median Ulm Tax Bill
$237
Median Prairie County Tax Bill
$312
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$3,209
Property Tax Bills Across Ulm, Prairie County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72170 | $60 | $130 | $237 | $459 | $669 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Prairie Tax Assessor | |
| Website | www.actdatascout.com |