Arkansas Property Tax Calculator 2026
Calculate your Arkansas property taxes — effective rate 0.62%, average annual tax $1,200. Updated June 2026.
Arkansas Property Tax Overview
Arkansas has an effective property tax rate of 0.62%, making it below the national average among all 50 states. The average annual property tax in Arkansas is $1,200 on a median home value of $193,700.
- Effective tax rate: 0.62%
- Assessment ratio: 20%
- Median home value: $193,700
- Average annual tax: $1,200 ($100/month)
How Arkansas Property Tax Works
Arkansas properties are assessed at 20% of market value. The assessed value is then multiplied by the local millage rate to determine your annual tax bill.
Arkansas Property Tax = Assessed Value × Local Millage Rate
Local millage rates vary by county, city, school district, and special districts within Arkansas. Your total rate is the sum of all applicable levies.
Arkansas Property Tax Exemptions
- Homestead exemption: $350 credit for homeowners; $425 for seniors
- Senior exemption: Available in most counties — check your local assessor's office for specific amounts and age thresholds (typically 65+)
- Veteran exemption: Disabled veterans (10%+ rating) may qualify for additional exemptions — varies by county. Contact your county assessor for details
- Disability exemption: Disability exemptions available in most counties — typically mirrors the senior exemption. Contact your county assessor for specific amounts
How Arkansas Compares to Neighboring States
How to Appeal Your Arkansas Property Tax
If you believe your Arkansas property is over-assessed, you have the right to appeal:
- 1. Contact your county assessor — Review your assessment for errors in square footage, lot size, or condition
- 2. Gather comparable sales — Find 3-5 similar homes sold recently in your Arkansas neighborhood with lower values
- 3. File by the deadline — Arkansas appeal deadlines vary by county; check your assessment notice
- 4. Present evidence — Focus on facts and comparable data, not complaints about tax rates
- 5. Success rate: 50-70% of Arkansas property tax appeals result in a reduction
Frequently Asked Questions
What is the property tax rate in Arkansas?
The effective property tax rate in Arkansas is 0.62% as of 2026. On a home valued at $193,700, the annual property tax is approximately $1,200.
How are properties assessed in Arkansas?
In Arkansas, properties are assessed at 20% of market value. The assessed value determines the taxable value used to calculate your property tax bill.