Lafayette County, Arkansas Property Taxes
Census Bureau ACS property tax data for Arkansas. Population: 1,979.
The median annual property tax in Lafayette County is $422, which is 40% lower than the Arkansas state average and 78% below the national average. The effective tax rate is 0.57% on a median home value of $74,600. Property taxes represent 1.1% of the median household income in this county.
Median Annual Tax
$422
-40% vs State
-78% vs US
Median Home Value
$74,600
-43% vs State
-65% vs US
Effective Tax Rate
0.57%
+8% vs State
-40% vs US
With vs Without Mortgage
With Mortgage
$574
$48/mo
Without Mortgage
$371
$31/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $422 -5.0% | 0.57% |
| 2022 | $444 +14.7% | 0.63% |
| 2021 | $387 -0.5% | 0.64% |
| 2020 | $389 +2.1% | 0.64% |
| 2019 | $381 | 0.59% |
Tax Burden
Tax-to-Income Ratio
1.1%
of median household income
Median Income
$37,237
per year
Monthly Tax
$35
per month
Other Counties in Arkansas
Sevier County
Tax: $536/yr Rate: 0.48%
Washington County
Tax: $1,465/yr Rate: 0.55%
Cleburne County
Tax: $814/yr Rate: 0.47%
Crittenden County
Tax: $934/yr Rate: 0.60%
Lonoke County
Tax: $1,178/yr Rate: 0.64%
Logan County
Tax: $670/yr Rate: 0.53%
Frequently Asked Questions
What is the average property tax in Lafayette County, Arkansas? ▼
The median annual property tax in Lafayette County is $422 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.57% on a median home value of $74,600.
How does Lafayette County property tax compare to the national average? ▼
Property taxes in Lafayette County are 78% below the national average of $1,923. The effective rate of 0.57% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Lafayette County? ▼
In Lafayette County, homeowners with a mortgage pay a median of $574 in annual property taxes, while homeowners without a mortgage pay $371. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Lafayette County? ▼
Property taxes in Lafayette County represent approximately 1.1% of the median household income of $37,237. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.