Arkansas Property Tax (2026)

Info: Set locally: county assessors value property and local taxing districts set millage rates.

InfoVerified Jul 6, 2026

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Set locally: county assessors value property and local taxing districts set millage rates. Amendment 79 relief: homestead tax credit up to $500/yr (rising to up to $600 beginning with 2026 tax bills); after a county-wide reappraisal, taxable assessed value can rise at most 5%/yr for a homestead (10% for other real property); owners 65+ or disabled can freeze their homestead assessed value.

Official source: dfa.arkansas.gov →

General legal information, not legal advice — verify important decisions with a licensed attorney.

Property Tax in states bordering Arkansas

The same rule in each neighboring state LawLert has verified, from that state’s own official source.

LouisianaInfo
Levied by the parish/local political subdivision where the property sits — millages are set locally. Residential property is assessed at 10% of fair market value; the homestead exemption covers $7,500 of assessed value ($75,000 of market value) and applies to non-municipal taxes (municipal taxes only in Orleans Parish). Qualifying homeowners 65+ or disabled can freeze their assessed value; the Louisiana Tax Commission oversees assessments. Varies by parish.
Verified Jul 12, 2026 · Source: house.louisiana.gov · Full Louisiana rule →
MississippiInfo
Owner-occupied single-family homes are assessed at 10% of true value and most other real property at 15%; county and local taxing authorities levy the millage, so bills vary by county.
Verified Jul 16, 2026 · Source: dor.ms.gov · Full Mississippi rule →
MissouriInfo
Property tax is assessed and collected locally. County assessors set your property's market value, apply a classification percentage to reach assessed value (19% for residential), then local taxing districts apply their levies, so rates vary by county and district.
Verified Jul 14, 2026 · Source: stc.mo.gov · Full Missouri rule →
OklahomaInfo
County-administered ad valorem tax: the county assessor values real property at fair cash value and applies the county assessment percentage (set under Okla. Const. art. X, §8); millage rates vary by county and school district. Overseen by the Oklahoma Tax Commission Ad Valorem Division.
Verified Jul 17, 2026 · Source: oklahoma.gov · Full Oklahoma rule →
TennesseeInfo
Tennessee has no state property tax; the county assessor appraises property, a state-set assessment ratio is applied (residential and farm at 25% of appraised value, commercial/industrial at 40%), and the county commission sets the local tax rate per $100 of assessed value.
Verified Jul 18, 2026 · Source: comptroller.tn.gov · Full Tennessee rule →
TexasInfo
Texas levies no state property tax - the Comptroller neither collects property tax nor sets rates. Property is appraised by local appraisal districts and taxed by local units (school districts, counties, cities, special districts), which set the rates. Questions go to your local appraisal district or tax assessor-collector.
Verified Jul 19, 2026 · Source: comptroller.texas.gov · Full Texas rule →

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