Arkansas Property Tax Calculator (2026)
Estimate Arkansas property tax from market value and millage: 20% assessed value, homestead credit ($600 or $675), yearly and monthly escrow amounts.
Arkansas property tax is charged on assessed value — 20% of the market value set by your county assessor — multiplied by the millage rate of your school and taxing district. If the home is your principal residence you then subtract the homestead property tax credit: up to $600 on 2026 tax bills, and up to $675 for the 2026 assessment year (taxes due in 2027) under Act 174 of 2026. Use this to estimate a bill or a monthly escrow figure.
How to use this tool
- Enter the market (appraised) value of the property.
- Enter the total millage for your district from your tax statement or the county collector.
- Leave the homestead box ticked if it is your principal residence.
- Pick the tax bill you are estimating.
- If your assessed value is capped or frozen, enter it from your notice.
Formula
Tax = market value × 20% × millage ÷ 1,000 − homestead credit
One mill is $1 of tax for every $1,000 of assessed value, so 50 mills on a $40,000 assessment is $2,000. The homestead credit cannot be larger than the real property tax on the home, so the bill never goes below zero.
Example
A $200,000 home in a district levying 50 mills has an assessed value of $40,000. Tax before the credit is $40,000 × 50 ÷ 1,000 = $2,000. With the $675 homestead credit for the 2026 assessment, the owner pays $1,325 in 2027 — about $110.42 a month in escrow and an effective rate of 0.66% of market value. On the 2026 bill, with the $600 credit, the same home would owe $1,400.
Frequently asked questions
When are Arkansas property taxes due?
Arkansas collects a year behind. Taxes on the 2025 assessment are due by October 15, 2026, and taxes on the 2026 assessment by October 15, 2027.
Can my assessed value rise more than 5% a year?
For a homestead, Amendment 79 limits increases from a reappraisal to 5% a year (10% for other property) until full value is reached. New construction and substantial improvements are added at full value.
What is the age 65 or disabled freeze?
Homestead owners who are 65 or older or disabled can have the assessed value frozen from the next assessment date. The bill can still change when millage changes. Enter the frozen value in the assessed value field.
How do I get the homestead credit?
Apply once with your county assessor. Only one homestead credit is allowed per owner each year, and it applies only to your principal residence.
Sources
This tool gives an estimate for general information only. It is not financial, tax, legal or medical advice — check with a qualified professional before you rely on the result.
Last updated: 2026