Danville, Scott County, Arkansas Property Taxes
Median Danville, Arkansas effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Danville, Arkansas home value: $54,475
Median annual Danville, Arkansas tax bill: $412, $1,988 lower than the national median property tax bill of $2,400.
How are property taxes in Scott County calculated?
Property taxes in Danville, 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 Danville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Danville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Danville, Scott County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$419
$389
Property Tax Rates Across Danville, Scott County, Arkansas
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 Danville Tax Rate
0.77%
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 Scott County Tax Rate
0.77%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Danville, Scott County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72833 | 0.50% | 0.72% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Danville, Scott County, Arkansas
When examining property taxes in Danville, 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 Scott 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 Scott County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Danville.
For example, the median home price in Danville is $54,475, with tax bills ranging significantly across the county. Zip code 72833 has the highest median home price at $54,475.
Property Tax Assessment Values Across Danville, Scott County, Arkansas
Source: Ownwell
$31,450
$45,613
$59,775
Median Danville Market Value
$54,475
Median Scott County Market Value
$49,950
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Danville, Scott County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72833 | $6,075 | $25,250 | $54,475 | $85,800 | $109,975 |
Source: Ownwell
Property Tax Bills Across Danville, Scott County, Arkansas
In Danville, AR, property tax bills are calculated based on the assessed value of a home, which is a fraction of its market value. Homeowners in Danville can expect a median property tax bill of $412, significantly lower than the national median of $2,400. Factors influencing the tax bill include the property's assessed value and the local tax rate. While the 25th percentile tax bill is $243, it can rise to $785 at the 90th percentile, reflecting variations in property values and local levies. Lower property taxes in Danville can be beneficial for homeowners, but ensuring that the assessment is fair is crucial to avoid overpayment.
Ownwell can assist homeowners by reviewing their property assessments to identify potential errors or overvaluations. By appealing incorrect assessments, Ownwell helps reduce property tax bills, ensuring homeowners only pay their fair share. This service can lead to substantial savings, particularly in regions like Danville where every dollar counts. With expertise in property tax appeals, Ownwell is a valuable ally in managing and minimizing property tax expenses.
Median Danville Tax Bill
$412
Median Scott County Tax Bill
$385
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Danville, Scott County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72833 | $70 | $243 | $412 | $584 | $785 |
Source: Ownwell