Arkansas

Property Tax Rates & Rules

0.62%

Effective Rate

$1,147

Median Annual Tax

$185k

Median Home Value

Available

Homestead Exempt

Full Tax Details

Avg Effective Rate0.62%

Median Home Value$185,000

Median Annual Tax$1,147

Assessment Ratio20%

Homestead ExemptionYes

Senior ExemptionYes

Highest Rate CountyPulaski

Lowest Rate CountyHot Spring

Payment ScheduleDue March 1; delinquent after October 15.

Assessment Method

Assessed value is 20% of the market value; taxes based on millage rates.

Homestead Exemption Details

Homestead Tax Credit of up to $425 against real estate taxes for primary residence.

Senior Exemption Details

Assessed value freeze for 65+; assessment remains constant unless major improvements.

How to Appeal Your Assessment

Appeal to County Equalization Board by third Monday in August.

Official Source

Arkansas Tax Authority

Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.