Just bought a home in Arkansas? Learn how the 20% assessment ratio works, the $375 homestead credit, the August 17 appeal deadline, and why there is no two-way review risk. TaxAppeal $89 flat.
Arkansas property tax is calculated in two steps. First, your county assessor determines your property's market value — an estimate of what it would sell for on the open market. Second, your assessed value is set at 20% of that market value. Your tax bill is calculated by multiplying the assessed value by the local millage rate. The low 20% assessment ratio, combined with relatively low millage rates, makes Arkansas one of the most affordable property tax environments in the United States.
Arkansas offers a $375 homestead property tax credit for primary residence owners. This credit is applied directly to your annual tax bill — reducing your total owed by $375. It is separate from the assessment and the appeal process. Apply through your county assessor's office as soon as you establish your primary residence. The credit renews automatically once approved.
Arkansas property owners can appeal their assessment each year during the June 1 — August 17 filing window. The appeal is filed with your county Board of Equalization and is completely free. Arkansas uses a postmark deadline — you must mail your appeal by August 17, but it does not need to be received by that date. Critically, there is no two-way review risk in Arkansas — filing cannot result in an increase to your assessment.
In your first year of ownership, your purchase price is the primary data point your county assessor will use to set your market value. If you paid market price, your assessment may be accurate. However, if market values have declined since your closing, if builder incentives inflated your nominal purchase price, or if comparable resales in your area are now selling below your purchase price, you have grounds to appeal. The best approach: compare your assessed market value to 3-5 recent comparable sales. If comparables are below your assessment, file.
$89 flat fee. You sign it, we file it. You keep 100% of your savings.
TaxAppeal USA is a self-service document-preparation and mail filing service. In every state we serve, including Florida, we are not property tax consultants, agents, or representatives, we do not provide tax or legal advice, and we do not represent customers before any appraisal district, board of equalization, value adjustment board, or review board. Every protest and petition is prepared for the property owner, signed by the owner, and filed in the owner’s name. In Florida we also pay your county’s Value Adjustment Board filing fee on your behalf and mail your petition to the Clerk of the Value Adjustment Board. Your petition is signed by you as the property owner under section 194.011(3), Florida Statutes. TaxAppeal USA does not sign as your representative, does not appear before the Board, and does not present evidence or argument at a hearing.