The rate in context
On a $400,000 home, 0.56% means roughly $2,240 per year in property tax, escrowed monthly, so it lands directly in your payment and your debt-to-income ratio.
Exemptions and notes
Amendment 79 caps annual assessment growth at 5% for homesteads and provides a homestead tax credit (currently $425).
Sources: Tax Foundation 2026 (2024 ACS); Ark. Code 26-60-105/106. County-level rates vary; your county page has local detail.
Counties in Arkansas
FAQ
What is the average property tax rate in Arkansas?
The average effective property tax rate in Arkansas is about 0.56%, per Tax Foundation 2026 (2024 ACS); Ark. Code 26-60-105/106. Individual counties vary above and below that average.
How do Arkansas property taxes affect my mortgage?
Taxes are escrowed into your monthly payment, so a higher rate directly reduces how much house you qualify for. Amendment 79 caps annual assessment growth at 5% for homesteads and provides a homestead tax credit (currently $425).