StateRates

Little River County, Arkansas property tax

The median homeowner in Little River County, Arkansas pays $549 a year in property tax on a home worth $113,400, an effective rate of 0.48%. The national effective rate is 0.98%.

Effective rate 0.48% #60 of 74 in Arkansas
Median tax bill $549 per year
Median home value $113,400 owner-occupied
Median income $52,241 household

What the rate means here

At 0.48%, Little River County taxes property more lightly than the national 0.98%. That puts the median bill at $549. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #60 of 74 Arkansas counties by effective rate, against a statewide 0.57%, and #2,474 nationally. The state runs from 0.78% in Pulaski County down to 0.35% in Stone County.

The median home costs 2.17 times the median household income of $52,241, against 3.86 nationally, which is a comfortable ratio by American standards. 80% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 11,959 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

$250,000 home $1,200 per year at 0.48%
$400,000 home $1,920 per year at 0.48%
$600,000 home $2,880 per year at 0.48%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Little River County, Arkansas against Arkansas and the country
Little River County Arkansas United States
Effective property tax 0.48% 0.57% 0.98%
Median tax bill $549 $1,003 $2,969
Median home value $113,400 $175,300 $303,400
Median gross rent $812 $914 $1,348
Median household income $52,241 $58,773 $78,538
Home price to income 2.17× 2.98× 3.86×
Rent as share of income 18.65% 18.66% 20.6%
Owner-occupied 80% 66.14% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 11,959.

Nearby counties of similar size

Other Arkansas counties
County Rate Median bill Home value
Fulton County 0.46% $494 $107,200
Stone County 0.35% $528 $149,400
Howard County 0.52% $708 $135,400
Desha County 0.58% $517 $89,100
Lincoln County 0.54% $572 $106,100

Little River County property tax: common questions

What is the property tax rate in Little River County, Arkansas?

The effective rate is 0.48% of home value, from a median tax bill of $549 against a median home value of $113,400. That is 0.5 points below the national 0.98%.

How much is property tax on a $400,000 home in Little River County?

Roughly $1,920 a year at the county effective rate of 0.48%.

Is Little River County expensive compared with the rest of Arkansas?

It ranks #60 of 74 Arkansas counties by effective property tax rate, and #2474 of 2,826 nationally. That is 0.09 points below the Arkansas average of 0.57%.

What does housing cost in Little River County?

The median home is worth $113,400 and median gross rent is $812 a month. Median household income is $52,241, which puts the home at 2.17 times annual income and rent at 18.65% of it.