Arkansas Property Taxes
Property taxes in Arkansas are assessed and collected by the political subdivisions like counties, municipalities, and school districts. Assessment is based on 20 percent of the true market value and is calculated as the assessed value times the local millage rate. Residents aged 65 or older, or those who are disabled are capped at the previous year value unless improvements are made or the property is sold. Property taxes are due on or before October 10.
| Medium Property Tax | $498 |
| Medium Home Value | $101,000 |
| Property Tax (As % Home Value) | 0.49% |
| Medium Income | $48,054 |
| Property Tax (As % Income) | 1.04% |
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