StateRates

Lonoke County, Arkansas property tax

The median homeowner in Lonoke County, Arkansas pays $1,178 a year in property tax on a home worth $184,100, an effective rate of 0.64%. The national effective rate is 0.98%.

Effective rate 0.64% #4 of 74 in Arkansas
Median tax bill $1,178 per year
Median home value $184,100 owner-occupied
Median income $71,449 household

What the rate means here

At 0.64%, Lonoke County taxes property more lightly than the national 0.98%. The bill works out at $1,178 a year. Low-rate counties usually have another revenue source doing the work, whether that is a state funding formula, sales tax or severance revenue from extraction.

It ranks #4 of 74 Arkansas counties by effective rate, against a statewide 0.57%, and #1,929 nationally. The state runs from 0.78% in Pulaski County down to 0.35% in Stone County.

The median home costs 2.58 times the median household income of $71,449, against 3.86 nationally, which is a comfortable ratio by American standards. 74.42% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 74,747 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,600 per year at 0.64%
$400,000 home $2,560 per year at 0.64%
$600,000 home $3,840 per year at 0.64%

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

Housing and income

Lonoke County, Arkansas against Arkansas and the country
Lonoke County Arkansas United States
Effective property tax 0.64% 0.57% 0.98%
Median tax bill $1,178 $1,003 $2,969
Median home value $184,100 $175,300 $303,400
Median gross rent $961 $914 $1,348
Median household income $71,449 $58,773 $78,538
Home price to income 2.58× 2.98× 3.86×
Rent as share of income 16.14% 18.66% 20.6%
Owner-occupied 74.42% 66.14% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 74,747.

Nearby counties of similar size

Other Arkansas counties
County Rate Median bill Home value
White County 0.48% $761 $159,600
Jefferson County 0.63% $667 $106,000
Pope County 0.57% $918 $161,700
Crawford County 0.53% $904 $170,000
Garland County 0.52% $915 $176,400

Lonoke County property tax: common questions

What is the property tax rate in Lonoke County, Arkansas?

The effective rate is 0.64% of home value, from a median tax bill of $1,178 against a median home value of $184,100. That is 0.34 points below the national 0.98%.

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

Roughly $2,560 a year at the county effective rate of 0.64%.

Is Lonoke County expensive compared with the rest of Arkansas?

It ranks #4 of 74 Arkansas counties by effective property tax rate, and #1929 of 2,826 nationally. That is 0.07 points above the Arkansas average of 0.57%.

What does housing cost in Lonoke County?

The median home is worth $184,100 and median gross rent is $961 a month. Median household income is $71,449, which puts the home at 2.58 times annual income and rent at 16.14% of it.