Arkansas Property Tax Calculator 2026

The Arkansas property tax calculator is a free, browser-based tool that estimates your annual county property tax bill from your home's market value. Arkansas assesses property at 20% of market value and applies local millage, giving a statewide effective rate near 0.57% — about $923 a year on the median $162,000 home. Updated 2026-08-04.

How Arkansas Property Tax Works

Property tax in Arkansas is an annual tax levied on real estate by local governments — primarily counties, municipalities, and school districts. The amount you owe is determined by your property's assessed value multiplied by the local mill rate. The statewide effective rate is approximately 0.57% of market value, placing Arkansas 0.53% below the national average of 1.10%.

The effective rate combines all local levies: county tax, municipal tax, school district tax, and any special assessments. Because Arkansas has multiple taxing jurisdictions, your actual rate depends heavily on where in the state your property is located. The 0.57% figure is a weighted average across all Arkansas counties.

On the median Arkansas home valued at $162,000, the typical annual property tax bill is about $923 — or roughly $77 per month when paid through a mortgage escrow account.

Who Collects Property Tax in Arkansas — and How Rates Are Set

In Arkansas, property taxes are assessed and collected at the county level. Each county has an assessor who determines property values and a treasurer (or equivalent office) who collects taxes. The state sets the framework and maximum rates; counties, municipalities, and school districts each add their own levies within those limits.

Mill rates (expressed as dollars of tax per $1,000 of assessed value) are set annually based on local budget needs. A mill rate of 10 equals a 1.0% effective rate. Most jurisdictions reassess properties every one to four years, though some reassess annually. If your home's market value rises faster than neighboring properties, your share of the tax burden can increase even if the mill rate stays the same.

To find your exact rate, contact your Arkansas county assessor's office or check your county's official website. Your most recent property tax bill will also show the breakdown of all levies applied to your parcel.

Arkansas Property Tax Exemptions and Relief Programs

Arkansas offers homestead exemptions and may provide additional relief for seniors, veterans, and disabled residents. Contact your county assessor for details on available exemptions.

Veterans may qualify for a partial or full exemption depending on disability rating and service history. Agricultural land often receives a preferential assessment based on use-value rather than market value. If you believe your assessment is incorrect, you have the right to appeal — typically within 30 to 90 days of receiving your assessment notice.

To apply for any exemption, contact your county assessor. Most exemptions require an annual or one-time application and proof of eligibility (residency, age, disability documentation, etc.).

Arkansas Homestead Property Tax Credit Rises to $600 in 2026

Arkansas gives every owner-occupied principal residence a flat homestead credit that is subtracted directly from the tax bill — not from the assessed value — so it is worth the same to every qualifying homeowner. The General Assembly raised it again for 2026 tax bills, from $500 to $600 a year, a change reaching roughly 708,000 households. On the median $162,000 Arkansas home with a $923 estimated bill, that credit cuts the real amount owed to about $323, so subtract $600 from the figure this calculator returns if the property is your primary residence.

Amendment 79 also caps how fast your taxable value can climb after a county-wide reappraisal:

• Homestead (owner-occupied) — taxable assessed value can rise at most 5% per year until it reaches full assessed value
• All other parcels (commercial, agricultural, vacant) — capped at 10% per year
• Age 65+ or disabled homeowners — the taxable value is frozen at the level in place when you qualified
• Caps do not apply to new construction, substantial improvements, or newly discovered property

You must claim the credit with your county assessor; it is not automatic when you buy. Full eligibility rules are at the Arkansas DFA Assessment Coordination Division property tax relief page. Updated 2026-08-04.

Amendment 79 — the $600 Homestead Credit and the 5% Cap

Two Amendment 79 protections cut a typical Arkansas homeowner's bill, and both are applied after the raw calculation the tool above performs. First, the homestead property tax credit: it is subtracted straight off the tax owed on your principal residence, and the General Assembly raised it by $100 to $600 per year beginning with the 2026 tax bills, up from $500. That is a flat dollar reduction, not a percentage, so it matters most on lower-value homes — on a $1,500 bill it is a 40% cut.

Second, the 5% assessment cap: once a homestead is established, its taxable assessed value can rise by no more than 5% a year until it catches up with full assessed value, no matter how fast the market moves. Homeowners aged 65 and over, and those who are totally disabled, get a stronger version — their taxable value is generally frozen at the level set when they qualified. Both benefits require you to claim the homestead with your county assessor; they are not always applied automatically, and an unclaimed homestead is the single most common reason an Arkansas bill is higher than it needs to be. To estimate your net bill, take the figure from the calculator above and subtract $600 if this is your principal residence. Source: Arkansas Department of Finance and Administration — Property Tax Relief. Last updated 2026-08-17.

Tips to Manage Your Arkansas Property Tax Bill

First, verify your assessment is accurate. Review your property record card at the county assessor's office and check for errors in square footage, bedroom/bathroom count, or lot size. Even small errors can inflate your assessed value and tax bill. If the assessment seems high, look up recent sale prices of comparable homes in your neighborhood and file an appeal if warranted.

Second, apply for every exemption you qualify for. Homestead, senior, veteran, and disability exemptions can reduce your taxable value by thousands of dollars. Third, if your mortgage servicer handles tax payments through escrow, review your escrow statement annually. Servicers sometimes over-estimate and hold excess funds — you may be entitled to a refund. Finally, Arkansas property taxes are due October 15 each year.