Horatio, Sevier County, Arkansas Property Taxes
Property Taxes in Horatio, Arkansas
Median Horatio, Arkansas effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Horatio, Arkansas home value: $64,300
Median annual Horatio, Arkansas tax bill: $447, $1,953 lower than the national median property tax bill of $2,400.
How are property taxes in Sevier County calculated?
Property taxes in Horatio, 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 Horatio's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Horatio, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Horatio, Sevier County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$476
$442
How Does the Horatio Property Tax Calculator Work?
Use this Horatio property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Horatio's median effective tax rate of 0.74% — based on actual property records in Sevier County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Horatio's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Horatio: rates range from 0.74% in 71842 to 0.74% in 71842, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Horatio.
About Horatio Property Taxes
About Property Taxes in Horatio, Sevier, Arkansas
Horatio's median effective property tax rate of 0.74% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Sevier County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Horatio. Homeowners in the 71842 ZIP code carry a median effective rate of 0.74%, while those in the same ZIP code also pay 0.74%. This spread reflects how school district boundaries and local assessment districts are drawn across Sevier County. Understanding which part of Horatio you live in can make a meaningful difference to your annual tax bill.
Horatio homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before August 17, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Horatio, Sevier County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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.
Below, you can compare Horatio's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
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 Horatio Tax Rate
0.74%
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 Sevier County Tax Rate
0.63%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Horatio, Sevier County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71842 | 0.15% | 0.44% | 0.74% | 1.03% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Horatio, Sevier County, Arkansas
When examining property taxes in Horatio, 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 Sevier 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 Sevier County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Horatio.
For example, the median home price in Horatio is $64,300, with tax bills ranging significantly across the county. 71842 has the highest median home price at $64,300.
Property Tax Assessment Values Across Horatio, Sevier County, Arkansas
Source: Ownwell
$64,300
$64,300
$64,300
Median Horatio Market Value
$64,300
Median Sevier County Market Value
$60,350
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Horatio, Sevier County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71842 | $10,270 | $30,050 | $64,300 | $114,600 | $166,345 |
Source: Ownwell
Property Tax Bills Across Horatio, Sevier County, Arkansas
Property tax bills in Horatio are based on the assessed value of a home and the local tax rate set for Sevier County. When a property’s market value changes, the assessed value can change too, which can raise or lower the bill. For homeowners, this means the amount owed is tied not just to the home itself, but also to how local taxing authorities value that property for tax purposes.
With a median home price of $64,300, Horatio’s property tax bills are generally modest compared with the national median property tax bill of $2,400. The 25th percentile tax bill is $147, the 75th percentile is $864, and the 90th percentile is $1,344. The highest and lowest median tax bill in the area is $447 in ZIP code 71842. These figures show that even within the same city, homeowners may pay very different amounts depending on assessed value and local tax settings.
Median Horatio Tax Bill
$447
Median Sevier County Tax Bill
$321
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Horatio, Sevier County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71842 | $57 | $147 | $447 | $864 | $1,344 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Sevier Tax Assessor | |
| Website | www.arcountydata.com |