StateRates

Montgomery County, Arkansas property tax

The median homeowner in Montgomery County, Arkansas pays $522 a year in property tax on a home worth $136,000, an effective rate of 0.38%. The national effective rate is 0.98%.

Effective rate 0.38% #73 of 74 in Arkansas
Median tax bill $522 per year
Median home value $136,000 owner-occupied
Median income $49,015 household

What the rate means here

At 0.38%, Montgomery County taxes property more lightly than the national 0.98%. The bill works out at $522 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.

Inside Arkansas it is among the lightest, ranking #73 of 74, against a statewide 0.57%. Pulaski County, in the same state, charges 0.78%. Comparing states on property tax hides differences like that, which is why this site publishes counties.

The median home costs 2.77 times the median household income of $49,015, against 3.86 nationally, which is a comfortable ratio by American standards. 78.86% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 8,571 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 $950 per year at 0.38%
$400,000 home $1,520 per year at 0.38%
$600,000 home $2,280 per year at 0.38%

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

Housing and income

Montgomery County, Arkansas against Arkansas and the country
Montgomery County Arkansas United States
Effective property tax 0.38% 0.57% 0.98%
Median tax bill $522 $1,003 $2,969
Median home value $136,000 $175,300 $303,400
Median gross rent $734 $914 $1,348
Median household income $49,015 $58,773 $78,538
Home price to income 2.77× 2.98× 3.86×
Rent as share of income 17.97% 18.66% 20.6%
Owner-occupied 78.86% 66.14% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 8,571.

Nearby counties of similar size

Other Arkansas counties
County Rate Median bill Home value
Lee County 0.53% $409 $77,900
Nevada County 0.54% $462 $85,700
Prairie County 0.62% $539 $87,500
Searcy County 0.48% $517 $108,100
Cleveland County 0.58% $716 $123,400

Montgomery County property tax: common questions

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

The effective rate is 0.38% of home value, from a median tax bill of $522 against a median home value of $136,000. That is 0.6 points below the national 0.98%.

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

Roughly $1,520 a year at the county effective rate of 0.38%.

Is Montgomery County expensive compared with the rest of Arkansas?

It ranks #73 of 74 Arkansas counties by effective property tax rate, and #2682 of 2,826 nationally. That is 0.19 points below the Arkansas average of 0.57%.

What does housing cost in Montgomery County?

The median home is worth $136,000 and median gross rent is $734 a month. Median household income is $49,015, which puts the home at 2.77 times annual income and rent at 17.97% of it.