Mammoth Spring, Randolph County, Arkansas Property Taxes

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

Median Mammoth Spring, AR effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Mammoth Spring, AR home value: $54,050
Median annual Mammoth Spring, AR tax bill: $233, $2,167 lower than the national median property tax bill of $2,400.

How are property taxes in Randolph County calculated?

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

Last Updated March 1, 2025

Mammoth Spring, Randolph County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.82%

Estimate Property Tax Bill

$443

$411

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

Property Tax Rates Across Mammoth Spring, Randolph County, Arkansas

Local government entities determine property tax rates, which can vary significantly within a state. Each year, counties estimate their budgetary needs for providing services and divide this by the total assessed value of all taxable properties within their jurisdiction. This calculation results in the property tax rate. Although setting tax rates and budgets involves votes and legislative processes, this is essentially the annual procedure.

In Mammoth Spring, located within Fulton County, the effective property tax rate is a reflection of this process. When compared to other cities in Arkansas, Mammoth Spring's rate offers a glimpse into the local fiscal landscape. Arkansas's median property tax rate of 0.61% is lower than the national median of 1.02%, which highlights the state's relatively modest property tax burden. This is especially significant when considering the national median property tax bill of $2,400. By understanding these dynamics, property owners in Mammoth Spring can better navigate their financial responsibilities and potentially seek opportunities for tax appeals or exemptions.

Property Tax Rates Across Mammoth Spring, Randolph County, Arkansas

Source: Ownwell

0.55%

0.73%

0.90%

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 Mammoth Spring Tax Rate

0.82%

Median Effective Randolph County Tax Rate

0.59%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mammoth Spring, Randolph County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72554	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Mammoth Spring, Randolph County, Arkansas

When examining property taxes in Mammoth Spring, 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 Randolph 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 Randolph 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 Mammoth Spring.

For example, the median home price in Mammoth Spring is $54,050, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Mammoth Spring, Randolph County, Arkansas

Source: Ownwell

$29,362

$53,494

$77,625

Median Mammoth Spring Market Value

$54,050

Median Randolph County Market Value

$65,900

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mammoth Spring, Randolph County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72554	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Mammoth Spring, Randolph County, Arkansas

In Mammoth Spring, located in Randolph County, AR, property tax bills 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 tax bill. For homeowners in Mammoth Spring, the property tax bills can vary significantly. The 25th percentile tax bill is approximately $138, while the 75th percentile reaches around $663, and the 90th percentile can be as high as $1,013. These figures highlight the range of property tax bills homeowners might face, influenced by the home's assessed value and the local tax rate. With the national median property tax bill at $2,400, Mammoth Spring's tax bills are generally lower, yet they can still be a burden for some homeowners. Ownwell offers property tax appeal and exemption services to help reduce these bills. By analyzing property assessments and identifying potential savings, Ownwell assists homeowners in lowering their property tax liabilities, providing relief and savings.

Property Tax Bills Across Mammoth Spring, Randolph County, Arkansas

Source: Ownwell

$157

$280

$402

Median Mammoth Spring Tax Bill

$233

Median Randolph County Tax Bill

$338

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Mammoth Spring, Randolph County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72554	N/A	N/A	N/A	N/A	N/A

Source: Ownwell