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 a low effective property tax rate of 0.57%, ranking 43rd nationally. The combination of low rates and affordable home values makes Arkansas one of the cheapest states for property taxes in actual dollar terms.
Arkansas assesses residential property at 20% of true market value. This means your taxable assessed value is one-fifth of what your home is worth before the millage rate is applied, substantially reducing bills.
| Home Value | Estimated Annual Tax | Monthly (Escrow) |
|---|---|---|
| $250,000 | $1,425 | $118/mo |
| $162,400 (median) | $926 | $77/mo |
| $600,000 | $3,420 | $285/mo |
Arkansas offers a homestead property tax credit of up to $375 per year for owner-occupied primary residences. Disabled veterans may receive a complete exemption. Seniors 65+ with limited income may also qualify for additional relief.
Arkansas property taxes are due October 15 and become delinquent after October 15. Penalties of 10% apply after the deadline.
Benton County (northwest Arkansas, Walmart headquarters area) has experienced rapid appreciation and higher rates, while rural Delta counties remain among the lowest in the state.