← Back to State Property Tax Rates

Arkansas property tax

Effective rate

0.55%

Median home value

$188,000

Average annual tax

$1,040

Rank of 51

#36

1 = highest effective rate

Arkansas's rate is 0.35 points below the national average of 0.90%. On the median-priced Arkansas home, that's about $86 per month added to the mortgage payment.

Estimate your Arkansas property tax

Annual tax—
Monthly escrow—

At the average effective rate of 0.55%. Local county and municipal rates vary.

Tax on typical home values

Home valueAnnual taxMonthly escrow
$250,000$1,375$115
$400,000$2,200$183
$600,000$3,300$275

How Arkansas compares

Homestead exemptions & relief

$500 annual homestead property credit; seniors can have homestead assessed value frozen at next assessment after age 65; $7,500 exemption limit