Property Tax for Arkansas (2026)
Arkansas (AR) Key Facts
Effective Property Tax Rate
0.62%
Tax Level
Low compared to national average
Assessed By
County assessor
Payment Frequency
Varies by county (annual or semi-annual)
How This Calculator Works in Arkansas
This calculator estimates your annual Arkansas property tax based on your home's value and the state's average effective rate of 0.62%. Enter your property value to see your estimated annual tax bill.
Arkansas Overview
Arkansas has an effective property tax rate of 0.62%, below the national average of ~1.11%. A defining feature of the state's system is that Amendment 79 caps assessment increases at 5%/year for homestead. Millage rates set by each county, making it important for homeowners to understand local assessment practices and available exemptions.
How Arkansas Compares
Arkansas's property tax rate of 0.62% compares to Missouri at 0.97% and Tennessee at 0.71%. The relatively low rate makes property ownership more affordable from a tax perspective.
| State | Top Rate | Notes |
|---|---|---|
| Missouri | 0.97% | Missouri has a property tax rate of 0.97%. |
| Tennessee | 0.71% | Tennessee has a property tax rate of 0.71%. |
| Texas | 1.8% | Texas has a property tax rate of 1.8%. |
Arkansas's property tax rate of 0.62% compares to a national average of approximately 1.11%. This is below the national average.
Tips for Arkansas Residents
- 1Arkansas's effective property tax rate of 0.62% is below the national average of ~1.11%. Key feature: Amendment 79 caps assessment increases at 5%/year for homestead.
- 2Millage rates set by each county. Always verify your assessed value matches your property's actual condition and features.
- 3Appeal your property tax assessment if comparable sales in your area suggest your home is overvalued — Arkansas allows formal protests through the county or local assessor's office.
- 4Check whether you qualify for Arkansas's homestead exemption or other relief programs (senior, disabled, veteran) — these can meaningfully reduce your annual tax bill.
- 5Arkansas property taxes are deductible on your federal return subject to the $10,000 SALT cap. With a 0.62% rate, a $350,000 home owes roughly $2,170/year before exemptions.