Fox, Stone County, Arkansas Property Taxes
Median FOX, AR effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median FOX, AR home value: $63,950
Median annual FOX, AR tax bill: $397, $2,003 lower than the national median property tax bill of $2,400.
How are property taxes in Stone County calculated?
Property taxes in FOX, 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 FOX’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FOX, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fox, Stone County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.69%
Estimate Property Tax Bill
$447
$415
Property Tax Rates Across Fox, Stone County, Arkansas
Local government entities set tax rates, which can vary widely within a state. 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.
In FOX, Stone County, AR, the effective property tax rate stands at 0.65%. This is significantly lower than the national median property tax rate of 1.02%. For homeowners in FOX, this means a more affordable property tax bill compared to the national median bill of $2,400. When comparing FOX’s effective property tax rate to other cities in Arkansas, it remains competitive, offering residents a financial advantage. The uniformity in tax rates across different zip codes within the area further highlights the stability of property tax assessments in Stone County. This consistency can be a crucial factor for potential homeowners evaluating the long-term financial implications of property ownership in the region.
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 Fox Tax Rate
0.69%
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 Stone County Tax Rate
0.72%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fox, Stone County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72051 | 0.51% | 0.59% | 0.69% | 0.72% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Fox, Stone County, Arkansas
When examining property taxes in FOX, AR, 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 Stone 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 Stone 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 FOX. For example, the median home price in FOX is $63,950, with tax bills ranging significantly across the county. 72051 has the highest median home price at $63,950.
Property Tax Assessment Values Across Fox, Stone County, Arkansas
Source: Ownwell
$51,375
$74,425
$97,475
Median Fox Market Value
$64,825
Median Stone County Market Value
$78,000
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fox, Stone County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72051 | $16,675 | $32,775 | $64,825 | $105,825 | $165,975 |
Source: Ownwell
Property Tax Bills Across Fox, Stone County, Arkansas
Median Fox Tax Bill
$412
Median Stone County Tax Bill
$523
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Fox, Stone County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72051 | $143 | $233 | $412 | $695 | $1,099 |
Source: Ownwell