Phillips County, Arkansas Property Taxes
Census Bureau ACS property tax data for Arkansas. Population: 3,334.
The median annual property tax in Phillips County is $500, which is 29% lower than the Arkansas state average and 74% below the national average. The effective tax rate is 0.66% on a median home value of $76,200. Property taxes represent 1.3% of the median household income in this county.
Median Annual Tax
$500
-29% vs State
-74% vs US
Median Home Value
$76,200
-42% vs State
-64% vs US
Effective Tax Rate
0.66%
+25% vs State
-31% vs US
With vs Without Mortgage
With Mortgage
$970
$81/mo
Without Mortgage
$375
$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 | $500 +13.1% | 0.66% |
| 2022 | $442 +11.3% | 0.60% |
| 2021 | $397 -17.3% | 0.54% |
| 2020 | $480 +27.3% | 0.59% |
| 2019 | $377 | 0.53% |
Tax Burden
Tax-to-Income Ratio
1.3%
of median household income
Median Income
$38,874
per year
Monthly Tax
$42
per month
Other Counties in Arkansas
Mississippi County
Tax: $646/yr Rate: 0.56%
Faulkner County
Tax: $1,201/yr Rate: 0.57%
Independence County
Tax: $657/yr Rate: 0.55%
Garland County
Tax: $915/yr Rate: 0.52%
Baxter County
Tax: $765/yr Rate: 0.46%
Polk County
Tax: $541/yr Rate: 0.44%
Frequently Asked Questions
What is the average property tax in Phillips County, Arkansas? ▼
The median annual property tax in Phillips County is $500 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.66% on a median home value of $76,200.
How does Phillips County property tax compare to the national average? ▼
Property taxes in Phillips County are 74% below the national average of $1,923. The effective rate of 0.66% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Phillips County? ▼
In Phillips County, homeowners with a mortgage pay a median of $970 in annual property taxes, while homeowners without a mortgage pay $375. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Phillips County? ▼
Property taxes in Phillips County represent approximately 1.3% of the median household income of $38,874. 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.