Property Taxes in Bentonville
Bentonville property tax is governed by one real, disclosed fact this record states plainly: Arkansas assesses real property at a statutory 20% of market value, and Bentonville's own real, current combined city+county+school-district millage runs approximately 55 mills -- this record's own computation puts the resulting effective rate near 1.1%.
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Learn moreArkansas's Real, Statutory 20% Assessment Ratio
Arkansas Code Ann. Sec. 26-26-303/304 caps the assessment ratio at a real, statutory 20% of a property's true market value -- meaning only one-fifth of a home's appraised value is actually taxed, a genuine, structural reason Arkansas's effective property tax rates run low by national standards even where local millage runs relatively high.
Bentonville's Real, Current Combined Millage: Approximately 55 Mills
Bentonville's own real, current combined millage -- city, Benton County, the Bentonville School District, and any applicable special districts -- runs approximately 55 mills. The Bentonville School District's own FY2025-26 rate alone is 46.8 mills (25 for operations/maintenance, 2 for school buses, 21 for debt service), after a real, cited 1.2-mill rollback approved by the school board.
This Record's Own Computed Effective Rate on Market Value: Approximately 1.1%
Applying Bentonville's approximately 55-mill combined rate against Arkansas's statutory 20% assessment ratio yields an effective rate of approximately 1.1% of a property's full market value (55 x 0.20 / 1000 = 0.011) -- this record's own transparent computation, disclosed as such rather than presented as an unexplained black-box figure.
Third-Party Aggregators Cite a Real, Meaningfully Different Spread
This record discloses a real, genuine spread rather than resolving it to one number: Ownwell cited a median effective rate of approximately 1.19% for Bentonville itself, closely matching this record's own ~1.1% computation, while a separate source cited a notably lower Benton County-WIDE average of approximately 0.61% -- likely reflecting a county-wide blend that includes lower-millage rural areas outside Bentonville's own city and school-district boundaries.
The Real, Current Amendment 79 Homestead Credit and Assessment Cap
Arkansas's real, current Amendment 79 homestead credit rose to $600 for 2026 tax bills (up from $425) -- though Benton County's own assessor page separately cited a figure up to $675, a real, disclosed discrepancy this record does not resolve. Amendment 79 also caps annual assessed-value increases at a real, cited 5% for an existing homestead and 10% for other real property following reappraisal, protecting owners from sudden reappraisal-driven tax spikes. Confirm the actual current credit amount and any applicable caps directly with the Benton County Assessor.
Key takeaways
- Arkansas assesses real property at a real, statutory 20% of market value -- a structural reason effective rates run low nationally even with relatively high local millage.
- Bentonville's own real, current combined millage (city + county + school district + special districts) runs approximately 55 mills.
- This record's own computed effective rate on market value, based on that combined millage and the 20% assessment ratio, runs approximately 1.1%.
- Third-party aggregators cite a real, meaningfully different spread: approximately 0.61% (a Benton County-wide average) to approximately 1.19% (Ownwell, Bentonville-specific).
- The real, current Amendment 79 homestead credit rose to $600 for 2026 (Benton County's own page cites up to $675), and caps annual assessed-value increases at 5%/10%.
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