71642 Property Tax Rate

Property owners in ZIP code 71642 (Fountain Hill, Arkansas) pay a median of $732/year in property taxes on homes valued at $175,800. This translates to an effective tax rate of 0.42%, which is 28% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 71642 is approximately $61, which factors into escrow payments on mortgages. This ZIP code is located within Ashley County.

Compared to similar ZIP codes in Arkansas, 71642 has lower property taxes. ZIP codes with similar effective rates include 72082 (0.42%) and 72401 (0.42%).

In Fountain Hill, property taxes represent approximately 1.3% of the median household income of $55,313, providing context for the relative tax burden on homeowners in this area.

Arkansas imposes full reassessment to market value at sale with no statewide cap, meaning your assessed value will reflect the purchase price on your first bill. Ashley County offers the Homestead Property Tax Credit for income-qualified primary residences (income limit $27,000); apply with the Ashley County Assessor or the Arkansas Department of Finance and Administration before the annual deadline. Contact the Ashley County Assessor to obtain your Notice of Assessment and confirm the Homestead Property Tax Credit filing date for your county.