Malvern, Saline County, Arkansas Property Taxes

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

Median Malvern, AR effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%. Median Malvern, AR home value: $83,580. Median annual Malvern, AR tax bill: $667, $1,733 lower than the national median property tax bill of $2,400.

How are property taxes in Saline County calculated?

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

Last Updated March 1, 2025

Malvern, Saline County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$660

$613

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

Property Tax Rates Across Malvern, Saline County, Arkansas

Local government entities set tax rates, which can vary widely within a state. 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.

In Malvern, located in Hot Spring County, Arkansas, the effective property tax rate is a key consideration for homeowners. Compared to other cities in Arkansas, Malvern's property tax rate reflects the local government's approach to funding essential services. Arkansas, known for its relatively low property tax rates, offers a median tax rate of 0.79%, which is below the national median of 1.02%. This can be an attractive aspect for potential homeowners looking to settle in Malvern.

By understanding the property tax landscape in Malvern and how it compares to the state and national averages, homeowners can make informed decisions about their investments. Whether you're a current resident or considering a move to Malvern, staying informed about property tax trends can help you plan your financial future effectively.

Property Tax Rates Across Malvern, Saline County, Arkansas

Source: Ownwell

0.66%

0.84%

1.02%

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 Malvern Tax Rate

0.79%

Median Effective Saline County Tax Rate

0.83%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Malvern, Saline County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72104	0.56%	0.67%	0.79%	1.03%	1.03%

Source: Ownwell

Property Tax Assessment Values Across Malvern, Saline County, Arkansas

When examining property taxes in Malvern, 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 Saline 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 Saline 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 Malvern. For example, the median home price in Malvern is $83,580, with tax bills ranging significantly across the county. The zip code 72104 has the highest median home price at $83,580.

Property Tax Assessment Values Across Malvern, Saline County, Arkansas

Source: Ownwell

$19,348

$164,659

$309,970

Median Malvern Market Value

$83,580

Median Saline County Market Value

$164,560

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Malvern, Saline County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72104	$21,889	$44,530	$83,580	$184,002	$282,329

Source: Ownwell

Property Tax Bills Across Malvern, Saline County, Arkansas

In Malvern, Arkansas, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Factors influencing the tax bill include the home's market value and any applicable exemptions. The median home price in Malvern is $83,580, with tax bills ranging from $335 at the 25th percentile to $1,431 at the 75th percentile. Comparatively, the national median property tax bill is $2,400, highlighting the relatively lower tax burden in Malvern. However, homeowners can still face financial strain, especially if their tax bill reaches the 90th percentile at $2,552. Ownwell offers valuable services to help homeowners in Malvern potentially lower their property tax bills. By providing expert guidance on property tax appeals and exemptions, Ownwell assists homeowners in navigating the complexities of property taxes, ensuring they only pay what is fair and accurate, ultimately saving them money.

Property Tax Bills Across Malvern, Saline County, Arkansas

Source: Ownwell

$155

$1,216

$2,276

Median Malvern Tax Bill

$667

Median Saline County Tax Bill

$1,361

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Malvern, Saline County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72104	$154	$335	$667	$1,431	$2,552

Source: Ownwell