Hempstead County, Arkansas property tax
The median homeowner in Hempstead County, Arkansas pays $503 a year in property tax on a home worth $100,200, an effective rate of 0.50%. The national effective rate is 0.98%.
What the rate means here
At 0.50%, Hempstead County taxes property more lightly than the national 0.98%. That puts the median bill at $503. Rates this low usually mean the state, rather than the county, carries more of the school funding.
It ranks #52 of 74 Arkansas counties by effective rate, against a statewide 0.57%, and #2,410 nationally. The state runs from 0.78% in Pulaski County down to 0.35% in Stone County.
The median home costs 2.1 times the median household income of $47,654, against 3.86 nationally, which is a comfortable ratio by American standards. 69.63% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 19,778 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.
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
| Hempstead County | Arkansas | United States | |
|---|---|---|---|
| Effective property tax | 0.50% | 0.57% | 0.98% |
| Median tax bill | $503 | $1,003 | $2,969 |
| Median home value | $100,200 | $175,300 | $303,400 |
| Median gross rent | $781 | $914 | $1,348 |
| Median household income | $47,654 | $58,773 | $78,538 |
| Home price to income | 2.1× | 2.98× | 3.86× |
| Rent as share of income | 19.67% | 18.66% | 20.6% |
| Owner-occupied | 69.63% | 66.14% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 19,778.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Yell County | 0.52% | $679 | $131,300 |
| Polk County | 0.44% | $541 | $122,600 |
| Randolph County | 0.44% | $519 | $118,100 |
| Ashley County | 0.61% | $542 | $88,800 |
| Conway County | 0.52% | $718 | $137,000 |
Hempstead County property tax: common questions
What is the property tax rate in Hempstead County, Arkansas?
The effective rate is 0.50% of home value, from a median tax bill of $503 against a median home value of $100,200. That is 0.48 points below the national 0.98%.
How much is property tax on a $400,000 home in Hempstead County?
Roughly $2,000 a year at the county effective rate of 0.50%.
Is Hempstead County expensive compared with the rest of Arkansas?
It ranks #52 of 74 Arkansas counties by effective property tax rate, and #2410 of 2,826 nationally. That is 0.07 points below the Arkansas average of 0.57%.
What does housing cost in Hempstead County?
The median home is worth $100,200 and median gross rent is $781 a month. Median household income is $47,654, which puts the home at 2.1 times annual income and rent at 19.67% of it.