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 value | Annual tax | Monthly escrow |
|---|---|---|
| $250,000 | $1,375 | $115 |
| $400,000 | $2,200 | $183 |
| $600,000 | $3,300 | $275 |
How Arkansas compares
Texas1.40%
Missouri0.89%
Oklahoma0.79%
Mississippi0.58%
Arkansas (this state)0.55%
Louisiana0.55%
Tennessee0.49%
National average0.90%
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