Faulkner County, Arkansas property tax
The median homeowner in Faulkner County, Arkansas pays $1,201 a year in property tax on a home worth $211,300, an effective rate of 0.57%. The national effective rate is 0.98%.
What the rate means here
At 0.57%, Faulkner County taxes property more lightly than the national 0.98%. That puts the median bill at $1,201. Rates this low usually mean the state, rather than the county, carries more of the school funding.
It ranks #18 of 74 Arkansas counties by effective rate, against a statewide 0.57%, and #2,173 nationally. The state runs from 0.78% in Pulaski County down to 0.35% in Stone County.
The median home costs 3.25 times the median household income of $65,071, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. The county has 126,001 residents, which is small enough that the medians describe a reasonably coherent market.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Faulkner County | Arkansas | United States | |
|---|---|---|---|
| Effective property tax | 0.57% | 0.57% | 0.98% |
| Median tax bill | $1,201 | $1,003 | $2,969 |
| Median home value | $211,300 | $175,300 | $303,400 |
| Median gross rent | $980 | $914 | $1,348 |
| Median household income | $65,071 | $58,773 | $78,538 |
| Home price to income | 3.25× | 2.98× | 3.86× |
| Rent as share of income | 18.07% | 18.66% | 20.6% |
| Owner-occupied | 61.58% | 66.14% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 126,001.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Saline County | 0.63% | $1,335 | $211,700 |
| Sebastian County | 0.65% | $1,081 | $166,000 |
| Craighead County | 0.55% | $1,084 | $198,700 |
| Garland County | 0.52% | $915 | $176,400 |
| White County | 0.48% | $761 | $159,600 |
Faulkner County property tax: common questions
What is the property tax rate in Faulkner County, Arkansas?
The effective rate is 0.57% of home value, from a median tax bill of $1,201 against a median home value of $211,300. That is 0.41 points below the national 0.98%.
How much is property tax on a $400,000 home in Faulkner County?
Roughly $2,280 a year at the county effective rate of 0.57%.
Is Faulkner County expensive compared with the rest of Arkansas?
It ranks #18 of 74 Arkansas counties by effective property tax rate, and #2173 of 2,826 nationally. That is 0 points above the Arkansas average of 0.57%.
What does housing cost in Faulkner County?
The median home is worth $211,300 and median gross rent is $980 a month. Median household income is $65,071, which puts the home at 3.25 times annual income and rent at 18.07% of it.