Estimate your Arkansas property tax based on the state's 0.57% average effective rate. Enter your home value for an instant, free calculation.
Enter any tax exemption amount you qualify for in Arkansas
Arkansas has one of the lowest effective property tax rates in the country. Homes are taxed on just 20% of appraised value, and Amendment 79 both caps annual value growth and hands owner-occupants a flat homestead credit against the bill.
Arkansas assesses real property at 20% of appraised market value, so a $200,000 home has a taxable assessed value of $40,000. Tax is levied in mills by counties, cities, and school districts. Under Amendment 79, a homestead's taxable assessed value can rise no more than 5% per year (10% for other real property) until it reaches full value, excluding new construction.
| Home Value | Estimated Annual Tax | Monthly (Escrow) |
|---|---|---|
| $162,000 (median) | $923 | $77/mo |
| $250,000 | $1,425 | $119/mo |
| $600,000 | $3,420 | $285/mo |
Effective rates vary within Arkansas. These figures are median-tax-to-median-value estimates from U.S. Census ACS data (2019–2023 ACS 5-year (SmartAsset)) for some of the most populous counties:
| County | Effective Rate |
|---|---|
| Pulaski County | 0.74% |
| Benton County | 0.54% |
| Washington County | 0.49% |
| Sebastian County | 0.55% |
| Faulkner County | 0.48% |
| Saline County | 0.58% |
| Craighead County | 0.55% |
| Garland County | 0.44% |
Among these counties, effective rates range from about 0.44% in Garland County to 0.74% in Pulaski County. Your actual rate depends on the local mill/millage set by your county, city, and school district.
Under Amendment 79, owner-occupants receive a homestead property tax credit against the bill on their principal residence — up to $500 for the 2025 tax year and up to $600 beginning with 2026 bills (previously $425). Homeowners apply through the county assessor, and only one credit may be claimed per year.
Homeowners who qualify for the homestead credit and are 65+ or totally and permanently disabled may freeze the taxable assessed value of their homestead as of the qualifying date (the freeze doesn't transfer to a new owner). Veterans with a 100% permanent service-connected disability — and often their surviving spouses and minor dependents — are fully exempt from property tax on their homestead, subject to VA certification.
Taxes are billed the year after assessment, with the full amount due by October 15. Owners may pay in installments (one-fourth by the third Monday in April, one-fourth by the third Monday in July, the balance by October 15). Payments not made by October 15 become delinquent, triggering a 10% penalty plus interest.
Start with an informal review by the county assessor, then file a written appeal with the county Board of Equalization, generally by the third Monday in August. Board decisions may be appealed to county court and then circuit court.
Arkansas has a statewide average effective property tax rate of about 0.52% of home value, one of the lowest in the country. Actual rates vary by county because property is assessed at 20% of market value and taxed in locally set mills.
Homes are appraised at market value, and the taxable assessed value equals 20% of that. A home appraised at $200,000 is assessed at $40,000, and mill rates apply only to that amount. Under Amendment 79, a homestead's taxable value can rise no more than 5% per year.
Property taxes are due in full by October 15 of the year following assessment, or in installments (one-fourth by the third Monday in April and July, the rest by October 15). Late payments incur a 10% penalty plus interest.