Arkansas Property Tax Calculator
Estimate your annual property taxes in Arkansas. Calculate assessed value and apply Arkansas average millage rates.
Why calculating finance in Arkansas is different
Arkansas has a progressive income tax and relatively high combined sales tax due to local additions.
State Income Tax
2% - 4.4%
Base Sales Tax
6.5%
State Min Wage
$11.00 / hr
Abbreviation
AR
Arkansas Finance Interactive Tool
This calculator uses the latest 2026 data for Arkansas, including the minimum wage of $11.00 and the specific state income tax rates (2% - 4.4%).
Frequently Asked Questions about Arkansas Finance
How are property taxes assessed in Arkansas?
Property taxes in Arkansas are generally assessed at the local county or municipal level based on the fair market value of the property, multiplied by the local millage or tax rate.
Are there property tax exemptions in Arkansas?
Yes, Arkansas often provides homestead exemptions for primary residences, as well as specific exemptions for seniors, veterans, and individuals with disabilities, which can significantly lower your tax bill.