Proctor, St. Francis County, Arkansas Property Taxes

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

Median Proctor, 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 Proctor, AR home value: $21,500. Median annual Proctor, AR tax bill: $158, $2,242 lower than the national median property tax bill of $2,400.

How are property taxes in St. Francis County calculated?

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

Last Updated March 1, 2025

Proctor, St. Francis 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

$161

$150

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

Property Tax Rates Across Proctor, St. Francis County, Arkansas

Local government entities set tax rates, which can vary widely within a state. This variation happens because each county estimates its required budget annually to provide services and then 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.

In Proctor, located in St. Francis County, Arkansas, the effective property tax rate plays a significant role in determining the financial obligations of homeowners. The median property tax rate in Arkansas is considerably lower than the national median of 1.02%. This can lead to a more affordable property tax bill compared to the national median bill of $2,400. Comparing Proctor's effective property tax rate to other cities in Arkansas and across the U.S. provides valuable insights for homeowners and potential buyers. Whether you're considering purchasing property or looking to appeal your property taxes, understanding these rates is crucial for financial planning and decision-making.

Property Tax Rates Across Proctor, St. Francis County, Arkansas

Source: Ownwell

0.71%

0.84%

0.98%

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 Proctor Tax Rate

0.75%

Median Effective St. Francis County Tax Rate

0.75%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Proctor, St. Francis County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72376	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Proctor, St. Francis County, Arkansas

When examining property taxes in Proctor, 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 St. Francis 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 St. Francis County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Proctor. For example, the median home price in Proctor is $21,500, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Proctor, St. Francis County, Arkansas

Source: Ownwell

$19,950

$42,963

$65,975

Median Proctor Market Value

$21,500

Median St. Francis County Market Value

$48,600

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Proctor, St. Francis County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72376	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Proctor, St. Francis County, Arkansas

In Proctor, located in St. Francis County, Arkansas, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Proctor is $21,500, which results in relatively lower property tax bills compared to the national median tax bill of $2,400. For instance, homeowners in the 25th percentile pay around $99, while those in the 75th percentile pay approximately $302. The 90th percentile tax bill is about $481, which is still below the national average. These tax bills can significantly impact homeowners, especially those on a fixed income. To help homeowners reduce their tax burden, Ownwell offers expert property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell can assist homeowners in Proctor in potentially lowering their property tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Proctor, St. Francis County, Arkansas

Source: Ownwell

$134

$314

$494

Median Proctor Tax Bill

$158

Median St. Francis County Tax Bill

$344

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Proctor, St. Francis County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72376	N/A	N/A	N/A	N/A	N/A

Source: Ownwell