Yellville, Searcy County, Arkansas Property Taxes

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

Median Yellville, AR effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Yellville, AR home value: $46,500
Median annual Yellville, AR tax bill: $414, $1,986 lower than the national median property tax bill of $2,400.

How are property taxes in Searcy calculated?

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

Last Updated March 1, 2025

Yellville, Searcy County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$349

$324

Ownwell’s Yellville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Yellville with just two data points. By entering your property's estimated assessed value, our calculator applies Yellville’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 Yellville, Searcy County, Arkansas

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budget requirements to provide public services and divides this by the total value of all taxable property in its jurisdiction. The result of this calculation is the property tax rate. Although setting tax rates and budgets involves votes and laws, this process sums up the annual procedure.

In Yellville, located in Marion County, Arkansas, the effective property tax rate is notably lower than the national median of 1.02%. This difference highlights how tax rates can fluctuate within a state, as each county's budget needs and property values differ. Compared to the national median property tax bill of $2,400, Yellville's rates are more favorable, offering potential savings for property owners. The median property tax rate in Arkansas is also lower than the national average, making it an attractive state for property owners seeking lower tax burdens. Understanding these differences can help property owners make informed decisions about their investments and potential savings.

Property Tax Rates Across Yellville, 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 Yellville Tax Rate

0.75%

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 Yellville, Searcy County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72687	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Yellville, Searcy County, Arkansas

When examining property taxes in Yellville, 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 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 Searcy 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 Yellville.

For example, the median home price in Yellville is $46,500, with tax bills ranging significantly across the county. The national median property tax bill is $2,400, which highlights the variance in property tax burdens.

Property Tax Assessment Values Across Yellville, Searcy County, Arkansas

Source: Ownwell

$41,900

$82,325

$122,750

Median Yellville Market Value

$46,500

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 Yellville, Searcy County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72687	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Yellville, Searcy County, Arkansas

In Yellville, located in Marion County, Arkansas, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $46,500, property taxes can be a significant expense for homeowners. The assessed value is then multiplied by the local tax rate to calculate the annual tax bill. In Yellville, the 25th percentile of tax bills is around $341, while the 75th percentile reaches up to $540, and the 90th percentile is about $615. Compared to the national median property tax bill of $2,400, Yellville's property taxes are relatively low. However, for homeowners, these taxes can still impact their finances. Ownwell offers assistance to homeowners by identifying potential savings through property tax appeals and exemptions. Our expertise ensures that your property is fairly assessed, potentially reducing your tax burden. By partnering with Ownwell, homeowners can achieve significant savings and gain peace of mind knowing their tax liabilities are minimized.

Property Tax Bills Across Yellville, Searcy County, Arkansas

Source: Ownwell

$314

$612

$910

Median Yellville Tax Bill

$414

Median Searcy County Tax Bill

$434

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Yellville, Searcy County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72687	N/A	N/A	N/A	N/A	N/A

Source: Ownwell