Marshall, Searcy County, Arkansas Property Taxes

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

Median Marshall, AR effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Marshall, AR home value: $59,575
Median annual Marshall, AR tax bill: $476, $1,924 lower than the national median property tax bill of $2,400.

How are property taxes in Searcy calculated?

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

Last Updated March 1, 2025

Marshall, Searcy County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$453

$420

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

Property Tax Rates Across Marshall, Searcy County, Arkansas

Local government entities determine property tax rates, which can significantly differ within a state. This variation occurs because each county annually estimates the budget required to provide essential services and divides it by the total assessed value of all taxable properties within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental process followed each year.

In Marshall, located in Searcy County, Arkansas, the effective property tax rate is 0.76%. This rate is below the national median property tax rate of 1.02%, offering property owners a relatively lower tax burden compared to many other regions across the country. The consistency of this rate across the county underscores a stable taxation environment for homeowners in the area. When compared to the national median property tax bill of $2,400, property owners in Marshall benefit from a more affordable tax obligation, making it an attractive option for those seeking to manage their property expenses effectively.

Property Tax Rates Across Marshall, Searcy County, Arkansas

Source: Ownwell

0.68%

0.74%

0.81%

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 Marshall Tax Rate

0.76%

Median Effective Searcy County Tax Rate

0.76%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Marshall, Searcy County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72650	0.61%	0.70%	0.76%	0.86%	0.95%

Source: Ownwell

Property Tax Assessment Values Across Marshall, Searcy County, Arkansas

When examining property taxes in Marshall, 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 Searcy 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.

In Searcy 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 Marshall. For example, the median home price in Marshall is $59,575, with tax bills ranging significantly across the county. ZIP code 72650 has the highest median home price at $59,575.

Property Tax Assessment Values Across Marshall, Searcy County, Arkansas

Source: Ownwell

$41,900

$82,325

$122,750

Median Marshall Market Value

$59,575

Median Searcy County Market Value

$53,950

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Marshall, Searcy County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72650	$8,600	$29,175	$59,575	$97,388	$152,070

Source: Ownwell

Property Tax Bills Across Marshall, Searcy County, Arkansas

In Marshall, AR, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to calculate your annual tax bill. With a median home price of $59,575 in Marshall, homeowners can expect their property tax bills to vary significantly, falling between the 25th percentile at $258 and the 90th percentile at $1,221. The median tax bill in the area is $476, which is considerably lower than the national median of $2,400. However, even with lower tax bills, the impact on homeowners can be significant, especially for those on fixed incomes or with limited financial resources. That's where Ownwell comes in. By offering expert property tax appeal services, Ownwell helps homeowners potentially reduce their assessed property values, leading to lower tax bills. This can result in substantial savings, providing financial relief and peace of mind to homeowners in Marshall.

Property Tax Bills Across Marshall, Searcy County, Arkansas

Source: Ownwell

$314

$612

$910

Median Marshall Tax Bill

$476

Median Searcy County Tax Bill

$434

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Marshall, Searcy County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72650	$124	$258	$476	$774	$1,221

Source: Ownwell