2026 effective rate · 0.57% · well below the US average (0.99%)
Arkansas Property Tax Calculator
Estimate annual and monthly property tax in Arkansas. The state's effective property tax rate is 0.57% (one of the lowest in the US, vs the US average of about 0.99%). On a $154,800 median-value home, that works out to about $878 per year or $74 per month.
Arkansas median home property tax
$882 per year
$74 per month at the median home value of $154,800
Effective rate 0.57% times $154,800 = $882
Arkansas property tax at common home values
| Home value | Annual property tax | Monthly | % of value |
|---|---|---|---|
| $150,000 | $855 | $71 | 0.57% |
| $154,800 (median) | $882 | $74 | 0.57% |
| $250,000 | $1,425 | $119 | 0.57% |
| $350,000 | $1,995 | $166 | 0.57% |
| $500,000 | $2,850 | $238 | 0.57% |
| $750,000 | $4,275 | $356 | 0.57% |
Uses Arkansas's 2026 effective rate (0.57%). Actual taxes vary by county and exemptions. For full PITI mortgage estimate including taxes + insurance, use the Arkansas mortgage calculator.
Arkansas property tax overview
Arkansas has below-average property tax rates and offers a homestead property tax credit of up to $500 annually for owner-occupied homes. Amendment 79 caps annual assessment increases at 5%.
Arkansas's effective rate of 0.57% ranks one of the lowest in the US nationally. Median annual property tax: $878. Median home value: $154,800.
Arkansas vs neighboring states
| State | Effective rate | Median home | Median annual tax |
|---|---|---|---|
| Arkansas (this page) | 0.57% | $154,800 | $878 |
| Missouri | 0.88% | $207,400 | $1,808 |
| Tennessee | 0.56% | $269,600 | $1,520 |
| Mississippi | 0.65% | $140,200 | $872 |
FAQs about Arkansas property tax
What is the property tax rate in Arkansas?
Arkansas's effective property tax rate is 0.57% (one of the lowest in the US, vs national average of ~0.99%). On a $154,800 median-value home, that's about $878 per year, or roughly $74 per month added to your housing cost.
How is property tax calculated in Arkansas?
Property tax = assessed value times the local mill rate (millage). The effective rate (0.57%) is what you actually pay as a percentage of market value, accounting for assessment ratios, exemptions, and millage. For a home valued at X, multiply X by 0.57% for an annual estimate.
When are property taxes due in Arkansas?
Property tax due dates vary by county within Arkansas. Most counties bill annually with either a single payment or two installments. Common payment deadlines fall in late summer (1st half) and late winter (2nd half). Check with your county tax assessor for exact dates and any escrow arrangements through your mortgage lender.
Does Arkansas have a homestead exemption?
Arkansas has below-average property tax rates and offers a homestead property tax credit of up to $500 annually for owner-occupied homes. Amendment 79 caps annual assessment increases at 5%.
How does Arkansas property tax compare to neighboring states?
Arkansas's 0.57% rate compares to: Missouri (0.88%), Tennessee (0.56%), Mississippi (0.65%). Property tax burden can vary significantly between neighboring states — moving 30 miles across a state line can change your annual tax bill by thousands.
Can I appeal my property tax assessment in Arkansas?
Yes. Every US state including Arkansas provides a formal property tax appeal process. Steps: (1) request your property's assessment record from the county assessor, (2) gather comparable sales from your neighborhood, (3) file a formal appeal within the deadline (usually 30-60 days after assessment notice). Successful appeals typically save 5-15% on annual tax bills.
How can I lower my Arkansas property taxes?
Common strategies: apply for homestead exemption (primary residence), senior or disabled exemptions if eligible, veteran's exemptions, and appeal over-assessment. Track your county's assessment notices carefully and verify the appraisal matches recent comparable home sales. Avoid major visible upgrades right before reassessment dates.