Arkansas property tax by home value
At the statewide effective rate of 0.52%, compared with the same home at the US rate.
| Home value | Per year | Per month | At the US rate |
|---|---|---|---|
| $200,000 | $1,032 | $86 | $1,781 |
| $300,000 | $1,549 | $129 | $2,672 |
| $400,000 | $2,065 | $172 | $3,562 |
| $500,000 | $2,581 | $215 | $4,453 |
| $750,000 | $3,872 | $323 | $6,679 |
| $1,000,000 | $5,162 | $430 | $8,905 |
Arkansas vs. neighboring states
| State | Effective rate | Median tax | Median home value |
|---|---|---|---|
| Texas | 1.31% | $4,108 | $313,200 |
| Missouri | 0.79% | $2,021 | $254,400 |
| Oklahoma | 0.75% | $1,672 | $222,100 |
| Mississippi | 0.65% | $1,221 | $186,500 |
| Louisiana | 0.53% | $1,187 | $223,200 |
| Arkansas | 0.52% | $1,113 | $215,600 |
| Tennessee | 0.45% | $1,488 | $332,600 |
What Arkansas homeowners pay
- Median yearly property tax: $1,113 (49th highest of 51); $1,308 for homes with a mortgage and $860 for homes without one.
- Median value of an owner-occupied home: $215,600, so a typical home pays about $93 a month.
- 836,697 owner-occupied homes in the survey estimate.
- Other taxes: see the Arkansas income tax calculator; sales tax averages 9.48% with local taxes (Arkansas sales tax calculator).
These are statewide medians. Your county, city and school district set the rates on your bill, and exemptions (such as a homestead exemption for your main home, or for seniors and veterans) can lower it. Check with your county assessor and the Arkansas revenue department for the rules that apply to you.
Source: US Census Bureau, American Community Survey, American Community Survey 2024 1-year estimates (tables B25103 and B25077, owner-occupied homes). See our methodology.
Arkansas property tax FAQ
What is the property tax rate in Arkansas?
The effective rate is 0.52% of home value: the median tax paid ($1,113) divided by the median home value ($215,600), from the American Community Survey 2024 1-year estimates. Actual rates are set by counties, cities and school districts and vary within the state.
How much is property tax on a $300,000 house in Arkansas?
About $1,549 a year ($129 a month) at the statewide effective rate, before any exemptions you qualify for.
Does Arkansas have high property taxes?
Arkansas has the 12th lowest effective property tax rate of the 50 states and DC (rank 40 of 51, 1 = highest) and the 49th highest median bill.
Can I deduct Arkansas property tax?
On your federal return, yes, if you itemize: property tax counts toward the state and local tax (SALT) deduction, capped at $40,400 for 2026 together with your state income or sales tax.