Property Taxes in Arkansas
Arkansas's property tax runs genuinely among the lowest effective rates in the nation -- a statewide average clustering at approximately 0.57%, within a cross-source range of 0.52%-0.62% -- backed by Constitutional Amendment 79's real assessed-value growth caps and a homestead credit the Arkansas General Assembly raised to $600 per homestead beginning with 2026 tax bills.
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Learn moreArkansas's statewide effective rate, and its real cross-source range
This pass's cross-source research (SmartAsset, AARP/Tax-Foundation-sourced figures, Tax-Rates.org, WorldPopulationReview) clusters Arkansas's statewide average effective property tax rate between approximately 0.52% and 0.62%, anchored here at 0.57% as a cross-source midpoint. Arkansas genuinely ranks among the four or five lowest-median-property-tax states in the country -- this record discloses the range honestly rather than picking one figure with false precision.
Amendment 79's real assessment caps, not a vague 'low taxes' claim
Constitutional Amendment 79 caps how fast a homestead's TAXABLE (assessed) value can rise following a county-wide reappraisal -- a real 5% annual cap for owner-occupied homesteads (10% for other real property such as commercial, agricultural, or vacant land) until the property reaches full assessed value. This is the specific mechanism behind Arkansas's low effective burden, not a generic policy label.
A homestead credit raised to $600 for 2026 tax bills
Amendment 79 separately funds a homestead property-tax credit applied directly against a primary residence's tax bill. The Arkansas General Assembly raised this credit from $375 to $425 in earlier years and raised it again to a real, current $600 per homestead beginning with 2026 tax bills -- a genuine, dated, recently increased benefit.
A separate senior/disabled freeze locks in assessed value
Amendment 79 also provides a real 'senior/disabled freeze' (Ark. Code 26-26-1124) that locks a qualifying homeowner's assessed value in place once they turn 65 or become disabled -- a distinct benefit from both the 5%/10% caps and the homestead credit, worth confirming directly with your county assessor if it applies to you.
What this means for a buyer, renter, or retiree
A prospective mover should confirm the current, county-specific millage rate and homestead-credit application process directly for any target property, since Arkansas's counties set their own rates atop the statewide-average figure. Arkansas's genuinely low property tax sits alongside a real, high average combined sales tax rate of 9.48% -- see the sales-tax topic for the fuller trade-off this record discloses in full.
Key takeaways
- Arkansas's statewide effective property tax rate clusters around 0.57% (range 0.52%-0.62%), among the four or five lowest in the nation.
- Amendment 79 caps assessed-value growth at 5% annually for owner-occupied homesteads (10% for other real property) after reappraisal.
- The Amendment 79 homestead credit rose to $600 per homestead beginning with 2026 tax bills, up from $425.
- A separate senior/disabled freeze under Ark. Code 26-26-1124 locks in assessed value at age 65 or upon disability.
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