Craighead County property tax

Example of Craighead County Property Tax Calculation

Craighead County calculates property taxes based on the assessed value of the property. The assessed value is determined by the county assessor's office, which evaluates the property's condition and location. The tax rate for Craighead County is 0.0107, which means that for every $1,000 of assessed value, the property owner owes $10.70 in taxes.

For example, if a property in Craighead County is assessed at $100,000, the property owner would owe $1,070 in property taxes. This amount is calculated by taking the assessed value of $100,000, dividing it by 1,000 to get $100, and then multiplying $100 by the tax rate of 0.0107.

Property taxes in Craighead County are due on October 15th of each year. Failure to pay property taxes on time can result in penalties and interest charges. It is important for property owners to stay current on their property taxes to avoid any negative consequences.

If you want appeal your property tax assessment - contact your local tax assessor.

Craighead County Property Tax Rates

The Craighead County Property Tax rates are as follows:

Note that these rates are subject to change and individuals should consult with a tax professional for up-to-date information.

Who sets property tax rates in Craighead County ?

The property tax rates in Craighead County, Arkansas are set by the Craighead County Quorum Court. This legislative body holds regular meetings to discuss and vote on various matters, including property tax rates. The Quorum Court is composed of justices of the peace, who are elected officials representing different areas of the county. The property tax rates are typically set annually and are based on the value of the property in question. It is important to note that property tax rates may vary depending on the specific city or town within Craighead County.

Homestead exemptions in Craighead County ?

To help homeowners in Craighead County, Arkansas navigate the process of claiming Homestead exemptions and deductions, the following table provides a comprehensive list of all county specific exemptions, eligibility requirements, amounts, and notes:

It's important to note that some exemptions may require additional documentation, such as proof of age or disability. Homeowners should contact the Craighead County Assessor's office for more information on eligibility requirements and necessary documentation.

Overall, homeowners in Craighead County have several options for reducing their property tax burden through Homestead exemptions and deductions. By taking advantage of these opportunities, homeowners can potentially save thousands of dollars each year.

When is Craighead County Property Tax due ?

Craighead County Property Tax Due Date and Payment Methods

Here is everything you need to know about Craighead County Property Tax due date and payment methods:

Due Date:

Craighead County Property Taxes are typically due on October 15th of each year. If the 15th falls on a weekend, then the due date will be the following business day.

Payment Methods:

There are several options available for paying your property taxes in Craighead County.

• By Mail: You can pay by mail using a personal check or money order made payable to Craighead County Tax Collector. Mail the payment and the payment stub from your tax bill to the following address:

Craighead County Tax Collector P.O. Box 1327 Jonesboro, AR 72403

• In Person: You can pay in person at the Craighead County Courthouse located at 511 S. Main St. Jonesboro, AR 72401. Payments are accepted in cash, personal checks, money orders, and certified funds. Credit and debit card payments are also accepted, but a convenience fee of 2.75% will be added.

• Online: You can pay online by visiting the Craighead County Tax Collector’s website at https://craigheadcollector.org/ and following the instructions provided. Credit and debit card payments are accepted, but a convenience fee of 2.75% will be added.

Failure to pay property taxes on time can result in additional fees and penalties. So, it’s crucial to make timely payments to avoid any unnecessary hassles.

If you have more questions - contact your local tax collector.

How is Craighead County Property Tax penalty calculated ?

Craighead County Property Tax Penalty Calculation

To understand how the Craighead County property tax penalty is calculated, it is important to first understand what property taxes are and how they are assessed. Property taxes are an annual tax that is based on the value of a property. The county assesses the value of the property and then charges the owner a percentage of that value as a tax.

If a property owner fails to pay their property taxes on time, they will be subject to penalties and interest charges. The penalty is calculated based on the amount of taxes owed and the amount of time that has passed since the due date.

Here is an example of how the Craighead County property tax penalty is calculated:

• A property owner owes $2,000 in property taxes for the year.
• The due date for the taxes is January 1st.
• The property owner does not pay their taxes until March 1st, which is 60 days late.
• The penalty for being 60 days late is 5% of the $2,000 owed, which is $100.
• In addition to the penalty, the property owner will also be charged interest on the unpaid balance until the taxes are paid in full.

The Craighead County property tax penalty is a way to encourage property owners to pay their taxes on time. It is important to note that failure to pay property taxes can result in the county placing a lien on the property and even foreclosing on it. Property owners should always make sure to pay their taxes on time to avoid penalties and other legal issues.

We recommend contacting the Craighead County Tax Office or a local tax professional for the most up-to-date and accurate information.

Craighead County tax offices:

• Craighead County tax assessor
• Craighead County tax collector
• Craighead County tax commissioner
• Craighead County tax appraiser
• Craighead County tag office