Mansfield, Sebastian County, Arkansas Property Taxes
Median Mansfield, AR effective property tax rate: 0.97%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Mansfield, AR home value: $73,650
Median annual Mansfield, AR tax bill: $639, $1,761 lower than the national median property tax bill of $2,400.
How are property taxes in Sebastian calculated?
Property taxes in Mansfield, 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 Mansfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mansfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mansfield, Sebastian County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.97%
Estimate Property Tax Bill
$714
$663
Property Tax Rates Across Mansfield, Sebastian County, Arkansas
Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation leads to the property tax rate. Although votes and legislation play a role in setting tax rates and budgets, this is, in essence, the annual process.
In Mansfield, located in Sebastian County, Arkansas, the effective property tax rate is 0.97%, which is slightly below the national median of 1.02%. This rate is consistent across the region, reflecting a balanced approach to funding local services. Compared to other cities in Arkansas, Mansfield's tax rate is competitive, offering residents a fair and manageable tax burden. Understanding these rates can help property owners make informed decisions and potentially identify opportunities for tax appeals or exemptions. By staying informed about local property tax trends, residents can better navigate their financial responsibilities and contribute to the community's growth and sustainability.
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 Mansfield Tax Rate
0.97%
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 Sebastian County Tax Rate
1.04%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mansfield, Sebastian County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72944 | 0.67% | 0.93% | 0.97% | 1.08% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Mansfield, Sebastian County, Arkansas
When examining property taxes in Mansfield, 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 Sebastian 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 Sebastian 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 Mansfield. For example, the median home price in Mansfield is $73,650, with tax bills ranging significantly across the county. Zip code 72944 has the highest median home price at $73,650.
Property Tax Assessment Values Across Mansfield, Sebastian County, Arkansas
Source: Ownwell
$41,350
$117,283
$193,215
Median Mansfield Market Value
$73,650
Median Sebastian County Market Value
$104,400
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mansfield, Sebastian County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72944 | $17,930 | $39,325 | $73,650 | $120,225 | $173,740 |
Source: Ownwell
Property Tax Bills Across Mansfield, Sebastian County, Arkansas
Median Mansfield Tax Bill
$639
Median Sebastian County Tax Bill
$994
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Mansfield, Sebastian County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72944 | $172 | $356 | $639 | $1,069 | $1,639 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Sebastian Tax Assessor | |
| Website | www.arcountydata.com |