Taxes in Conway

Conway's tax picture combines a genuinely favorable effective property tax rate with Arkansas's real, statewide falling income tax and a substantial sales tax.

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A property tax rate below both state and national medians

Conway's effective property tax rate ran approximately 0.76% -- genuinely below the Arkansas statewide median (~0.81%) and the national median (~1.02%), with real, disclosed zip-level variance from approximately $1,238/year (72032) to approximately $1,796/year (72034).

Arkansas's real, current falling income tax

Arkansas's top individual income tax rate runs 3.7% for 2026 -- the fourth consecutive annual cut since 2022 -- alongside a full Social Security exemption and a $6,000 retirement-income exclusion for filers 59.5+.

A real, substantial 9.125% combined sales tax

Conway's combined sales tax runs 9.125% (6.5% state + 0.5% Faulkner County + 2.125% city) -- a real, substantial rate this record discloses as a genuine trade-off against the low property tax.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.