Property Taxes in Arkansas
Arkansas's effective property tax rate is 0.53%, ranking #12 out of 50 states (1 = lowest). The median annual property tax paid is $878.
Tax Rate
0.53%
Median Annual Tax
$878
National Rank
#12 of 50
1 = lowest
Homestead Exemption
Yes
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Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $1,060 | $88 |
| $300,000 | $1,590 | $133 |
| $400,000 | $2,120 | $177 |
| $500,000 | $2,650 | $221 |
| $750,000 | $3,975 | $331 |
* Based on the average effective rate of 0.53%. Actual rates vary by county and municipality.
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Homestead Exemption in Arkansas
✓Homestead Exemption Available
Up to 80-160 acres, unlimited if under 1/4 acre in city
File for the homestead exemption after purchasing your primary residence in Arkansas to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.
How Arkansas Compares
#1
Hawaii 0.32%
#2
Alabama 0.36%
#3
Arizona 0.44%
#4
South Carolina 0.47%
#5
Utah 0.47%
...
#12
Arkansas (You)0.53%
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