How much are property taxes in Dermott, AR?
Homeowners in Dermott, AR pay a median of $445 (±$184) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $200 or less.
Homes without a mortgage pay a median of $528.
That is about 0.7% of the median home value of $68,400.
In Dermott, the median real estate tax went from $385 in 2015–2019 to $445 in 2020–2024 (+15.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median real estate taxes
- $445 (±$184)
- With a mortgage
- $200 or less
- Without a mortgage
- $528
- Share of median value
- 0.7%
Real estate taxes in Dermott against Chicot County, its state and the nation
| Dermott | Chicot County | Arkansas | United States | |
|---|---|---|---|---|
| Median real estate taxes | $445 (±$184) | $436 (±$92) | $1,040 (±$13) | $3,119 |
| Homes with a mortgage | $200 or less | $470 (±$126) | $1,245 (±$15) | $3,489 |
| Homes without a mortgage | $528 (±$166) | $406 (±$98) | $797 (±$12) | $2,576 |
| Median home value | $68,400 (±$13,265) | $89,100 (±$13,400) | $188,000 (±$1,754) | $332,700 |
In Dermott, the median real estate tax is not measurably different from Chicot County ($436).
It is also lower than in Arkansas ($1,040).
It is lower than the national figure ($3,119).
In Chicot County, Dermott ranks 2 of 3 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 327 of 472.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in Dermott
The median tax ($445) is 0.7% of the median home value ($68,400).
Across Chicot County the same ratio is 0.5%.
Across Arkansas it is 0.6%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
How property taxes in Dermott have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $385 (±$67) | $445 (±$184) | +15.6% | No measurable change after inflation |
| Median home value | $70,800 (±$9,393) | $68,400 (±$13,265) | −3.4% | Down after inflation |
| Median owner cost with a mortgage | $866 (±$102) | $650 (±$284) | −24.9% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Dermott
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Dermott | — | $445 (±$184) | — |
| McGehee | 7.3 mi | $582 (±$147) | Not measurably different |
| Reed | 12 mi | $321 (±$49) | Not measurably different |
| Tillar | 13 mi | $600 (±$129) | Not measurably different |
| Arkansas City | 14 mi | $327 (±$190) | Not measurably different |
| Lake Village | 16 mi | $768 (±$186) | Higher |
| Montrose | 16 mi | $287 (±$127) | Not measurably different |
| Winchester | 17 mi | $312 (±$79) | Not measurably different |
| Portland | 20 mi | $352 (±$62) | Not measurably different |
Nearby places with a measurably higher figure: Lake Village, AR ($768).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Chicot County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 | Lake Village | $768 (±$186) |
| 2 | Dermott | $445 (±$184) |
| 3 | Eudora | $249 (±$34) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Dermott
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Dermott beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Dermott, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Dermott, and send estimates and invoices from your phone.
Questions about Dermott
How much are property taxes in Dermott?
The median real estate tax paid by homeowners in Dermott, AR is $445 (±$184) a year (2020–2024 American Community Survey).
What is the property tax rate in Dermott?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.7% of the median home value in Dermott, and the actual rate is set by the town, county and school district.
Have property taxes in Dermott gone up?
In Dermott, the median real estate tax went from $385 in 2015–2019 to $445 in 2020–2024 (+15.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Are property taxes in Dermott higher than in Chicot County?
In Dermott, the median real estate tax is not measurably different from Chicot County ($436).
It is also lower than in Arkansas ($1,040).
It is lower than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Dermott city, Arkansas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Dermott city, Arkansas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Dermott city, Arkansas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Dermott city, Arkansas
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Dermott city, Arkansas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Dermott city, Arkansas (place:18520, in state:05).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Dermott at a glance
- Median rent in Dermott
- Rent by bedrooms in Dermott
- Renters and owners in Dermott
- Income and affordability in Dermott
- Home values in Dermott
- Homeowner costs in Dermott
- Types of homes in Dermott
- Bedrooms in Dermott
- Age of homes in Dermott
- Heating fuel in Dermott
- Commute and cars in Dermott
- Population growth in Dermott
- How long people stay in Dermott
- Arkansas landlord and tenant rules
- Housing across Chicot County
- Arkansas places ranked by property taxes
- Housing data for every place in Arkansas