July 24, 2024
Arkansas Local Government Resources County government in Arkansas

Understanding the Basics of Arkansas Property Tax

When it comes to property ownership in Arkansas, understanding the ins and outs of property taxes is crucial. Property taxes in Arkansas are based on the assessed value of the property and are used to fund various local government services and infrastructure. Whether you own a residential or commercial property, it’s important to have a clear understanding of how property taxes work in Arkansas.

The Assessment Process

Every few years, the county assessor’s office determines the assessed value of your property. This value is used as the basis for calculating your property taxes. The assessment process takes into consideration factors such as the size, location, and condition of your property. It’s important to note that property assessments can be appealed if you believe the assessed value is inaccurate.

Calculating Property Taxes

Once the assessed value of your property is determined, it is multiplied by the local tax rate to calculate your property taxes. The tax rate is set by the local government and can vary from one county to another. In Arkansas, property taxes are typically due on October 15th of each year. Failure to pay your property taxes can result in penalties and even the potential loss of your property.

Exemptions and Deductions

Arkansas offers several exemptions and deductions that can help reduce your property tax liability. Homestead exemptions, for example, are available to homeowners who use their property as their primary residence. This exemption allows a portion of the assessed value to be excluded from taxation. Additionally, certain types of properties, such as agricultural land or properties used for religious or charitable purposes, may also qualify for exemptions or deductions.

Appealing Your Property Assessment

If you believe that the assessed value of your property is inaccurate, you have the right to appeal the assessment. The appeal process involves gathering evidence to support your claim, such as recent property appraisals or comparable sales in your area. It’s important to consult with a professional, such as a real estate attorney or a certified appraiser, who can guide you through the appeal process and help you present a strong case.

The Impact of Property Taxes on Homeowners

Property taxes play a significant role in homeownership. They can impact your overall housing affordability and should be considered when budgeting for your mortgage or rent payments. Additionally, property taxes fund local government services, such as schools, police and fire departments, and road maintenance. Understanding the impact of property taxes on homeownership can help you make informed decisions when it comes to buying or selling a property in Arkansas.

Tax Relief Programs

For homeowners who may struggle to afford their property taxes, Arkansas offers tax relief programs that can help. These programs provide financial assistance or deferment options for eligible individuals or families. It’s important to research and understand the criteria and requirements for these programs to take advantage of the available options.

Planning for Property Taxes

When it comes to property ownership, proper planning is key. Understanding the potential property tax implications before purchasing a property can help you make a more informed decision. It’s important to consider factors such as the local tax rate, exemptions and deductions, and the potential for future increases in property taxes. Consulting with a real estate professional or a tax advisor can provide valuable insights and help you plan for your property tax obligations.

Staying Informed

Property tax laws and regulations can change over time. Staying informed about any updates or changes to property tax laws in Arkansas is crucial. Local government websites, tax assessor’s offices, and real estate associations can be valuable sources of information. Additionally, attending workshops or seminars on property taxes can provide you with the knowledge and tools to navigate the complex world of property taxes.


Arkansas property taxes are a significant aspect of property ownership. Understanding the assessment process, calculating property taxes, and exploring exemptions and deductions can help reduce your tax liability. Planning for property taxes and staying informed about any changes or updates to property tax laws can ensure that you are well-prepared and in compliance with your tax obligations. By taking the time to understand Arkansas property taxes, you can make informed decisions and effectively manage your property ownership responsibilities.