71665 Property Tax Rate

Property owners in ZIP code 71665 (Rison, Arkansas) pay a median of $718/year in property taxes on homes valued at $127,100. This translates to an effective tax rate of 0.56%, which is near the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 71665 is approximately $60, which factors into escrow payments on mortgages. This ZIP code is located within Cleveland County.

Compared to similar ZIP codes in Arkansas, 71665 has lower property taxes. ZIP codes with similar effective rates include 72101 (0.56%) and 72556 (0.57%).

In Rison, property taxes represent approximately 1.4% of the median household income of $52,219, providing context for the relative tax burden on homeowners in this area.

Arkansas reassesses property to market value upon sale with no statewide cap on increases, meaning your first assessment will reflect the full purchase price. Cleveland County homeowners with household income under $27,000 may qualify for the Homestead Property Tax Credit; file your application with the Cleveland County Assessor or the Arkansas Department of Finance and Administration by the annual deadline. Contact the Cleveland County Assessor to confirm the Homestead Property Tax Credit filing date and submit your income-verification documents before the cutoff.