Arkansas Property Tax Calculator 2026

Calculate property taxes in Arkansas. The average effective property tax rate in AR is 0.54%, which is below the national average of 0.89%. Estimate your annual property tax bill.

By Konstantin Iakovlev · Updated October 19, 2026 · Methodology

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Annual Property Tax

$1,890.00

Monthly Equivalent

$157.50

Effective Rate

0.540%

Property Tax Breakdown

Assessed Value$350,000.00
Homestead Exemption$0.00
Taxable Value$350,000.00
Annual Tax$1,890.00
Monthly Equivalent$157.50

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Arkansas Property Tax Guide

Property tax is one of the lightest burdens Arkansas homeowners carry. The average effective rate sits around 0.54% of a home's value, well below the national average of about 0.9%. It is entirely a local affair: county assessors set property values, county collectors mail and receive the bills, and the proceeds stay home to fund schools, roads, and county services rather than flowing to the state's general budget. Because the millage is set jurisdiction by jurisdiction, the precise rate shifts from one county to the next.

Arkansas taxes assessed value rather than full market value, and a homestead property tax credit further shaves the bill on an owner-occupied home. To pencil out what you'll owe, start from the county's assessed value, multiply by the local millage rate, and subtract any homestead credit you qualify for. A faster ballpark is to multiply your home's market value by the 0.54% average effective rate, which already folds in the assessment ratio and lands you near the annual figure before credits.

Arkansas Property Tax Details (2026)

Avg. Effective Property Tax Rate 0.54%
National Average 0.89%
vs. National Average 0.35 points below
Estate Tax None
State Sales Tax 6.5%
State Income Tax progressive (up to 3.9%)

Official Sources:

Arkansas Property Tax FAQ

What is the average property tax rate in Arkansas?
The average effective rate is about 0.54% of a home's market value, comfortably below the national average near 0.9%. Effective rate means the actual tax paid measured against market value, after the assessment ratio is accounted for. Since millage is set locally, your county's figure can run a little above or below that statewide average.
How do I estimate my Arkansas property tax bill?
For a quick estimate, multiply your home's market value by 0.54% to approximate the yearly tax before any credits. A sharper number starts from the county's assessed value, applies the local millage rate, and then subtracts the homestead credit. The county assessor and collector hold the authoritative figures for your specific parcel.
What is the Arkansas homestead property tax credit?
It is a credit that reduces the tax owed on a primary, owner-occupied residence, claimed through your county. The credit lowers the dollar amount of the bill rather than the home's assessed value. Additional relief can apply to older or disabled homeowners, with the details handled at the county level.
Who assesses and collects property tax in Arkansas?
Counties do both: the assessor determines each property's assessed value, and the collector issues the bills and takes payment. The revenue stays local, paying for schools and county operations. Because each county sets its own millage rate, two homes worth the same amount in different counties can owe noticeably different totals.

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