Phillips County, Arkansas property tax
The median homeowner in Phillips County, Arkansas pays $500 a year in property tax on a home worth $76,200, an effective rate of 0.66%. The national effective rate is 0.98%.
What the rate means here
At 0.66%, Phillips County taxes property more lightly than the national 0.98%. With a median home at $76,200, that produces a bill of $500. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.
Inside Arkansas it is one of the most heavily taxed counties there is, ranking #2 of 74, against a statewide 0.57%. At the other end of the same state, Stone County charges 0.35%. A spread that wide inside one state is normal, because school districts, not states, set most of the levy.
The median home costs 1.96 times the median household income of $38,874, against 3.86 nationally, which is a comfortable ratio by American standards. 53.96% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 15,910 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
| Phillips County | Arkansas | United States | |
|---|---|---|---|
| Effective property tax | 0.66% | 0.57% | 0.98% |
| Median tax bill | $500 | $1,003 | $2,969 |
| Median home value | $76,200 | $175,300 | $303,400 |
| Median gross rent | $756 | $914 | $1,348 |
| Median household income | $38,874 | $58,773 | $78,538 |
| Home price to income | 1.96× | 2.98× | 3.86× |
| Rent as share of income | 23.34% | 18.66% | 20.6% |
| Owner-occupied | 53.96% | 66.14% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 15,910.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Van Buren County | 0.46% | $562 | $122,300 |
| Sevier County | 0.48% | $536 | $111,700 |
| Lawrence County | 0.49% | $445 | $91,100 |
| Cross County | 0.55% | $574 | $104,000 |
| Arkansas County | 0.56% | $722 | $129,400 |
Phillips County property tax: common questions
What is the property tax rate in Phillips County, Arkansas?
The effective rate is 0.66% of home value, from a median tax bill of $500 against a median home value of $76,200. That is 0.32 points below the national 0.98%.
How much is property tax on a $400,000 home in Phillips County?
Roughly $2,640 a year at the county effective rate of 0.66%.
Is Phillips County expensive compared with the rest of Arkansas?
It ranks #2 of 74 Arkansas counties by effective property tax rate, and #1866 of 2,826 nationally. That is 0.09 points above the Arkansas average of 0.57%.
What does housing cost in Phillips County?
The median home is worth $76,200 and median gross rent is $756 a month. Median household income is $38,874, which puts the home at 1.96 times annual income and rent at 23.34% of it.