Calculate Your Property Taxes
Estimated Annual Property Tax
Understanding Arkansas Property Taxes
Property taxes in Arkansas are based on the assessed value of your property, which is 20% of the market value. The tax amount is calculated by multiplying the assessed value by your local millage rate, which varies by county and school district.
How Are Property Taxes Calculated?
The formula is simple: (Market Value × 20%) × (Millage Rate ÷ 1,000) = Annual Property Tax
Arkansas property owners may also be eligible for a $375 Homestead Credit if the property is their primary residence.
Frequently Asked Questions
Need More Property Tax Information?
Contact your local county assessor's office for specific information about your property taxes and available exemptions.
Arkansas Property Tax Visual Guide
This infographic explains the Arkansas property tax system, calculation methods, and important dates to remember.

Click on the infographic to view in full size
Arkansas Property Tax Resources
Understanding your property taxes is important for budgeting and financial planning. Here are some helpful resources for Arkansas property owners:
- Arkansas Assessment Coordination Division: Oversees property assessments statewide
- County Assessor's Office: Determines property values in your county
- County Collector's Office: Collects property tax payments
- Homestead Credit Application: Available through your County Assessor
Helpful Links: Arkansas DFA | County Directory | Property Tax Calendar