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.
Arkansas property taxes are collected at the county level with rates varying significantly — Pulaski County (Little Rock) has notably higher rates than rural counties in the Delta region. The state assesses property at 20% of appraised value, and a homestead tax credit of up to $375 per year is available to all homeowners on their primary residence. Arkansas also offers a property tax freeze for homeowners age 65 and older, locking their assessed value and preventing future increases.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Tax Foundation, U.S. Census
Tax Rate
0.53%
Median Annual Tax
$878
National Rank
#12 of 50
1 = lowest
Homestead Exemption
Yes
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.
Homestead Exemption in Arkansas
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
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