Menu Close

Understanding Property Taxes in Arkansas

Arkansas property taxes

Unlocking the Complexities of Property Taxes in Arkansas

Arkansas, known as the Natural State, has its unique approach to property tax, influencing residents and property owners alike. So, in this article, we’ll unravel the complexities of property tax in Arkansas. You’ll learn how country-specific regulations, tax rates, and payment processes work. Whether in Pulaski County, Benton County, or Saline County, knowing your obligations is essential. So, let’s delve into the nuances of property taxes in Arkansas.

Decoding Arkansas’s Property Tax System: Assessment and Rates

Arkansas’s property tax system is multifaceted, with county assessors critical in determining each property’s assessed value. In the state of Arkansas, both real property, encompassing real estate, and personal property, which includes movable assets like vehicles, are subject to property tax.

The assessed value is a percentage of the market value established by county assessors across the state, from Little Rock in Pulaski County to smaller districts. These values are crucial as they’re multiplied by the millage rate – a tax rate expressed in mill per dollar of a property’s value – to calculate your property tax. It’s essential to note that different types of property in Arkansas, like personal property and real property, undergo distinct assessment processes. However, personal property tax is generally based on depreciated values.

The County’s Role in Arkansas Property Tax: From Assessment to Collection

In property tax, Arkansas counties, from Pulaski to Benton, hold significant responsibilities. Each county, through the county assessor’s office, manages the assessment of properties within its jurisdiction. Post-assessment, the tax collector’s office handles the property tax collection.

The collected property taxes significantly finance vital community resources in various districts, including public schools, city infrastructure, and emergency services. Hence, understanding your county’s specific property tax processes, from assessment to payment, is paramount for residents.

Millage Rates Unveiled: The Backbone of Your Property Tax

You also need to know the millage rates as a property owner in Arkansas. A mill represents one-tenth of a cent, and the millage rate is the tax payable per thousand dollars of the assessed property value. In Arkansas, millage rates are set by various local authorities, including school districts, cities, and counties, and they vary widely from one district or county to another.

These rates are often subject to voter approval and are integral to determining the amount of property tax each property owner owes. They fund essential services and can change to reflect the community’s needs, impacting the property taxes in Arkansas.

Making Your Property Tax Payments: Methods and Deadlines

Timely payment of property taxes is a critical duty for Arkansas residents. Typically, the deadline for property tax payments is October 16th. Late payments are subject to penalties, compounding the property owner’s financial obligations.

Residents of Arkansas can settle their property taxes through various avenues: in person at the county courthouse, online, or via mail.

Property Tax Exemptions and Relief in Arkansas

While property tax is a fundamental civic duty, exemptions and relief options are available under specific conditions in Arkansas. Various programs can reduce the property tax burden for eligible residents, such as exemptions for homesteads and certain agricultural lands.

  1. Homestead Exemption: Arkansas has a homestead exemption that provides significant relief to homesteads with less than $1000 assessed valuation. This means homesteads over $1000 will be exempted from the first $1000 estimated valuation.
  2. Disabled Veterans: Certain disabled veterans in Arkansas may receive property tax exemptions. This often extends to the surviving spouse of a deceased veteran who had been eligible for the exemption.
  3. Senior Citizens: In some circumstances, senior citizens in Arkansas might be eligible for property tax relief. This usually requires meeting specific age and income requirements.
  4. Agricultural Land: In Arkansas, agricultural land is often valued in a way that reflects its ability to produce income, which can result in a lower valuation compared to its market value. This isn’t an exemption per se but more of a reduced property tax.
  5. Religious, Charitable, and Educational Organizations: Properties owned by religious, charitable, educational, or literary societies can be exempt from property taxes in Arkansas. The condition attached is that they are not used for profit-making purposes.
  6. Business Inventory: Business inventory is exempt from property taxes in Arkansas. This means that goods, wares, and merchandise held for sale by manufacturers and retailers are not taxable personal property.


Property taxes in Arkansas are a complex yet essential part of living or owning property in the state. From the intricate assessment process by county assessors to navigating the specifics of personal property tax, there’s a lot to comprehend. However, with this knowledge, property owners can meet their obligations. And they may contribute to the vital services that make their communities thrive. Remember, staying informed and updated on any changes in property tax laws and regulations is an integral part of property ownership in Arkansas.



    Free no-obligation quote!

    We buy ANY house in Arkansas. Please provide some details on your property here. Or, call us at (501) 550-5090