Nevada County, Arkansas Property Taxes
Census Bureau ACS property tax data for Arkansas. Population: 2,242.
The median annual property tax in Nevada County is $462, which is 34% lower than the Arkansas state average and 76% below the national average. The effective tax rate is 0.54% on a median home value of $85,700. Property taxes represent 1.1% of the median household income in this county.
Median Annual Tax
$462
-34% vs State
-76% vs US
Median Home Value
$85,700
-35% vs State
-59% vs US
Effective Tax Rate
0.54%
+2% vs State
-43% vs US
With vs Without Mortgage
With Mortgage
$396
$33/mo
Without Mortgage
$484
$40/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 | $462 -0.2% | 0.54% |
| 2022 | $463 +1.1% | 0.54% |
| 2021 | $458 -1.5% | 0.64% |
| 2020 | $465 +24.0% | 0.70% |
| 2019 | $375 | 0.57% |
Tax Burden
Tax-to-Income Ratio
1.1%
of median household income
Median Income
$41,761
per year
Monthly Tax
$39
per month
Other Counties in Arkansas
Perry County
Tax: $672/yr Rate: 0.52%
Sevier County
Tax: $536/yr Rate: 0.48%
Columbia County
Tax: $683/yr Rate: 0.48%
Desha County
Tax: $517/yr Rate: 0.58%
Bradley County
Tax: $544/yr Rate: 0.56%
Carroll County
Tax: $980/yr Rate: 0.53%
Frequently Asked Questions
What is the average property tax in Nevada County, Arkansas? ▼
The median annual property tax in Nevada County is $462 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.54% on a median home value of $85,700.
How does Nevada County property tax compare to the national average? ▼
Property taxes in Nevada County are 76% below the national average of $1,923. The effective rate of 0.54% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Nevada County? ▼
In Nevada County, homeowners with a mortgage pay a median of $396 in annual property taxes, while homeowners without a mortgage pay $484. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Nevada County? ▼
Property taxes in Nevada County represent approximately 1.1% of the median household income of $41,761. 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.