Leslie, Van Buren County, Arkansas Property Taxes
Median Leslie, 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 Leslie, AR home value: $48,650
Median annual Leslie, AR tax bill: $413, $1,987 lower than the national median property tax bill of $2,400.
How are property taxes in Van Buren calculated?
Property taxes in Leslie, 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 Leslie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Leslie, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Leslie, 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
$428
$397
Property Tax Rates Across Leslie, Van Buren County, Arkansas
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services, dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Leslie, Van Buren County, Arkansas, the effective property tax rate is 0.88%. This rate is lower than the national median property tax rate of 1.02%, showcasing a more favorable tax environment compared to many other regions in the U.S. When comparing Leslie's tax rate to other cities within Arkansas, it aligns with the state's median, offering a consistent tax landscape across the region. This consistency provides property owners with a predictable financial outlook, making Leslie an attractive option for those seeking manageable property tax obligations. Understanding these dynamics is crucial for property owners looking to optimize their tax liabilities, and Leslie's rate offers a competitive edge in this regard.
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 Leslie 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 Leslie, Van Buren County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72645 | 0.72% | 0.86% | 0.88% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Leslie, Van Buren County, Arkansas
When examining property taxes in Leslie, 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 Assessor's Office 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 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 Leslie.
For example, the median home price in Leslie is $48,650, with tax bills ranging significantly across the county. Zip code 72645 has the highest median home price at $48,650.
Property Tax Assessment Values Across Leslie, Van Buren County, Arkansas
Source: Ownwell
$41,550
$57,350
$73,150
Median Leslie Market Value
$48,650
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 Leslie, Van Buren County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72645 | $13,030 | $25,775 | $48,650 | $82,950 | $134,890 |
Source: Ownwell
Property Tax Bills Across Leslie, Van Buren County, Arkansas
Median Leslie Tax Bill
$413
Median Van Buren County Tax Bill
$534
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Leslie, Van Buren County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72645 | $127 | $228 | $413 | $710 | $1,185 |
Source: Ownwell