The property tax rate in Marion County, Arkansas
, is 0.54%. In 2021, the median single-family house sold for between $175,000 to $190,000, making property taxes relatively affordable in the area. If you love the outdoors, Marion County just might be for you. Nestled in Northern Arkansas on the Missouri border, Marion County boasts a beautiful, rugged landscape that is part of the Ozark Mountain range.
In this guide brought to you by the home and car insurance
app Jerry
, you’ll find specific information about property taxes in Marion County, AR. Property tax 101
Before looking at property taxes in Marion County, let’s take a look at what property taxes are and how this tax money is typically spent.
Taxable property consists of what is called real property—specifically, land, condos, townhomes, and houses.
Property taxes are typically calculated by local governments using this formula: Assessed Value x Tax Rate = Property Tax. Currently in Arkansas, state law limits the assessed value of a house to 20% of its market value.
Property taxes can rise or fall depending upon many factors, but particularly the value of the house or land you own. If you’re purchasing a new house, keep in mind that your property taxes are likely to increase over time.
Property taxes are raised to fund community services such as police, fire departments, public pools, libraries, and schools.
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What is the property tax rate in Marion County, AR?
According to national statistics, Marion County has a lower-than-average property tax rate.
The property tax rate in Marion County, AR is 0.54%, which makes it very affordable. In 2021, the median single-family house price was between $175,000 to $190,000.
For current information about property taxes in Marion County, visit the County Assessor’s Website.
How Marion County property taxes are determined
The County Assessor’s office maintains a database containing up-to-date appraisals and assessment records. The office is required to use field data and home sales to keep track of any changes to land or home values.
As noted earlier, currently the state of Arkansas limits the assessed value of a piece of property to only 20% of its fair market value. So, the assessed value of a house will be far lower than what it would sell for.
After determining the assessed value of the property, the County Assessor then uses the formula Assessed Value x Tax Rate = Property Tax to calculate how much you’ll need to pay.
What do Marion County property taxes pay for?
The revenue collected by Marion County, AR property taxes help to pay for these and other services:
County and local governments
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How to pay property taxes in Marion County, AR
Marion County mails property tax bills before March 31, and property owners must pay their bills by the October 15 deadline. Otherwise, they will incur a 10% late fee and will not be able to register their vehicles.
Taxpayers can sign up with the Arkansas Gov2Go
program to receive personalized reminders to pay both property taxes and renew car tags. Property taxes are paid to the Marion County Collector’s Office. Marion County taxpayers can pay their property taxes with a check, money order, or credit card.
By mail: Insert a copy of your bill and a check/money order/cashier’s check—or supply your credit card information—and mail to:
Marion County Collector
P.O. Box 590
Yellville, AR 72687
Online: Taxpayers can go to CountyService.net
to pay their bill online. By phone: You may pay over the phone by calling the Marion County Collector’s Office at: 870-449-6253. Be ready to provide your credit card information.
In person: You can also go to the County Collector’s Office to pay your bill in person:
Marion County County Collector
300 E. Old Main St.
Yellville, AR 72687
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