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Property Tax Dispute
Arkansas6 min readJune 28, 2026Updated October 18, 2026

Arkansas Property Tax Guide for New Homeowners 2027

Just bought a home in Arkansas? Learn how the 20% assessment ratio works, the $375 homestead credit, the August 16, 2027 appeal deadline, and why there is no two-way review risk. TaxAppeal $89 flat.

Arkansas has one of the simplest and most homeowner-friendly property tax systems in the Southeast. The effective tax rate is among the nation's lowest, the appeal process is free with no two-way review risk, and the homestead credit provides a meaningful annual reduction. If you have recently purchased a home in Arkansas — whether in the NWA boom market, Little Rock suburbs, or anywhere in between — here is everything you need to know about your property taxes from day one.

How Arkansas Property Taxes Work

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.

  • ✓Market value: County assessor's estimate of your property's fair market value
  • ✓Assessed value: 20% of market value — what your millage rate is applied to
  • ✓Millage rate: Varies by county and district; typically 30-55 mills combined
  • ✓Example: $250,000 market value × 20% = $50,000 assessed × 40 mills = $2,000 tax bill
  • ✓Effective rate: Approximately 0.5-0.8% of market value

Step 1: Apply for the $375 Homestead Tax Credit

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.

  • ✓Amount: $375 direct credit applied to your annual tax bill
  • ✓Eligibility: Primary residence owners
  • ✓Apply: At your county assessor's office — no specific deadline, apply as soon as you close
  • ✓Automatic renewal: Once approved, renews each year

Step 2: Understand the Appeal Window

Arkansas property owners can appeal their assessment each year during the June 1 — third Monday in August 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 16, 2027, 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.

  • ✓Filing window: Approximately June 1 — third Monday in August annually
  • ✓Postmark deadline: Postmark by August 16, 2027 is sufficient
  • ✓No filing fee: BOE appeals are free
  • ✓No two-way risk: Your assessment cannot increase as a result of filing
  • ✓TaxAppeal USA prepares: the appeal form, the evidence analysis and a return envelope; you sign and mail it

Should New Arkansas Homeowners Appeal?

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.

Frequently Asked Questions

What is Arkansas's $375 homestead tax credit? ▾
A $375 annual credit applied directly to the property tax bill of primary residence owners in Arkansas. Apply at your county assessor's office after purchasing your home.
Can new Arkansas homeowners appeal their property taxes? ▾
Yes. You can appeal during the annual June 1 — third Monday in August window, including in your first year of ownership.
Is there a two-way review risk in Arkansas? ▾
No. Unlike Georgia, Arkansas's Board of Equalization cannot increase your assessment as a result of filing an appeal. The worst outcome is that your value stays the same.
How does the 20% Arkansas assessment ratio work? ▾
Your tax bill is calculated on 20% of your property's market value. This means a $300,000 home has an assessed value of $60,000, and your millage rate is applied to the $60,000.
When should I apply for the Arkansas homestead credit? ▾
As soon as you close on your primary residence. Contact your county assessor's office — the credit has no strict annual application deadline.
What is Arkansas's effective property tax rate? ▾
Arkansas's effective property tax rate — total taxes paid as a percentage of market value — averages approximately 0.5-0.8%, among the lowest in the nation.

Ready to protest your property taxes?

We check first. If an appeal will lower your bill, we mail you a ready-to-sign kit for $89 flat. You sign it and mail it, and you keep 100% of your savings.

TaxAppeal USA is a self-service document-preparation service. We prepare a ready-to-sign appeal kit and mail it to you; you sign it and mail it to the county yourself. 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 file appeals or represent customers before any appraisal district, board of assessors, board of equalization, value adjustment board, or review board. Every appeal, protest and petition is prepared for the property owner, signed by the owner, and mailed by the owner in the owner’s name. In Florida your petition is signed by you as the property owner under section 194.011(3), Florida Statutes, and the county’s Value Adjustment Board filing fee is paid by you directly to the county. TaxAppeal USA does not sign as your representative, does not appear before the Board, and does not present evidence or argument at a hearing.