Clinton, Van Buren County, Arkansas Property Taxes
Median Clinton, AR effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%. Median Clinton, AR home value: $64,700. Median annual Clinton, AR tax bill: $553, $1,847 lower than the national median property tax bill of $2,400.
How are property taxes in Van Buren calculated?
Property taxes in Clinton, 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 Clinton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clinton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Clinton, Van Buren County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$569
$528
Ownwell’s Clinton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Clinton with just two data points.
By entering your property's estimated assessed value, our calculator applies Clinton’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 Van Buren County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Clinton, Van Buren County, Arkansas
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate the budget needed to provide services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.
Clinton, located in Van Buren County, Arkansas, has an effective property tax rate of 0.88%. This rate is consistent across the county, making it both the highest and lowest in the region. Compared to the national median property tax rate of 1.02%, Clinton's rate is relatively low, which could be appealing to property owners. Additionally, the national median property tax bill is $2,400, suggesting that property owners in Clinton might enjoy lower tax bills relative to other parts of the country.
Understanding these rates can help property owners make informed decisions about appealing their property taxes or seeking exemptions.
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 Clinton Tax Rate
0.88%
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 Van Buren County Tax Rate
0.88%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Clinton, Van Buren County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72031 | 0.71% | 0.86% | 0.88% | 0.88% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Clinton, Van Buren County, Arkansas
When examining property taxes in Clinton, 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 Van Buren 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 Van Buren County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Clinton. For example, the median home price in Clinton is $64,700, with tax bills ranging significantly across the county. Zip code 72031 has the highest median home price at $64,700.
Property Tax Assessment Values Across Clinton, Van Buren County, Arkansas
Source: Ownwell
$41,550
$57,350
$73,150
Median Clinton Market Value
$64,700
Median Van Buren County Market Value
$61,550
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Clinton, Van Buren County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72031 | $13,740 | $33,800 | $64,700 | $109,550 | $173,960 |
Source: Ownwell
Property Tax Bills Across Clinton, Van Buren County, Arkansas
In Clinton, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office in Van Buren County. This assessed value is a percentage of the market value of the property. Homeowners in Clinton typically receive a median property tax bill of $553, significantly lower than the national median of $2,400. However, tax bills can vary, with the 25th percentile at $295 and the 90th percentile reaching $1,512. Factors influencing these variations include the property's location, size, and improvements.
For homeowners, high property taxes can be a financial burden. Ownwell offers expert property tax appeal services to help reduce these costs. By analyzing your property's assessment and comparing it with similar properties, Ownwell identifies discrepancies and files appeals on your behalf. This service not only saves you money but also ensures your tax bill accurately reflects your property's value, providing peace of mind and potential savings year after year.
Median Clinton Tax Bill
$553
Median Van Buren County Tax Bill
$534
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Clinton, Van Buren County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72031 | $141 | $295 | $553 | $941 | $1,512 |
Source: Ownwell