Belleville, Yell County, Arkansas Property Taxes
Median Belleville, Arkansas effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Belleville, Arkansas home value: $59,450
Median annual Belleville, Arkansas tax bill: $478, $1,922 lower than the national median property tax bill of $2,400.
How are property taxes in Yell County calculated?
Property taxes in Belleville, 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 Belleville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Belleville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Belleville, Yell County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$535
$497
Property Tax Rates Across Belleville, Yell County, Arkansas
Local government entities set tax rates, and these can vary significantly within Arkansas. Each year, counties like 05149 estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Belleville, located in 05149, the effective property tax rate is 0.90%, which is below the national median of 1.02%. This means property owners in Belleville potentially enjoy lower property tax bills compared to other parts of the country. However, it's essential to compare this rate with other cities in Arkansas to understand its relative standing. With the median property tax rate in Arkansas also at 0.90%, Belleville’s rate aligns with the state's average, providing a balanced perspective on property tax obligations within the state. 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 Belleville Tax Rate
0.90%
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 Yell County Tax Rate
0.90%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Belleville, Yell County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72824 | 0.63% | 0.80% | 0.90% | 0.96% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Belleville, Yell County, Arkansas
When examining property taxes in Belleville, 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 Yell 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 Yell 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 Belleville.
For example, the median home price in Belleville is $59,450, with tax bills ranging significantly across the county. Zip code 72824 has the highest median home price at $59,450.
Property Tax Assessment Values Across Belleville, Yell County, Arkansas
Source: Ownwell
$22,825
$54,438
$86,050
Median Belleville Market Value
$59,450
Median Yell County Market Value
$66,625
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Belleville, Yell County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72824 | $10,260 | $25,820 | $59,450 | $107,450 | $171,570 |
Source: Ownwell
Property Tax Bills Across Belleville, Yell County, Arkansas
Median Belleville Tax Bill
$478
Median Yell County Tax Bill
$585
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Belleville, Yell County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72824 | $97 | $229 | $478 | $923 | $1,490 |
Source: Ownwell