71749 Property Tax Rate

Property owners in ZIP code 71749 (Junction City, Arkansas) pay a median of $840/year in property taxes on homes valued at $120,500. This translates to an effective tax rate of 0.70%, which is 21% above the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 71749 is approximately $70, which factors into escrow payments on mortgages. This ZIP code is located within Union County.

Compared to similar ZIP codes in Arkansas, 71749 has higher property taxes. ZIP codes with similar effective rates include 72103 (0.70%) and 72941 (0.70%).

In Junction City, property taxes represent approximately 1.3% of the median household income of $63,750, providing context for the relative tax burden on homeowners in this area.

Arkansas imposes full reassessment to market value at sale with no statewide increase cap, meaning your initial assessment will reflect the purchase price. Union County primary residences may qualify for the Homestead Property Tax Credit if household income is under $27,000; file your application with the Union County Assessor or the Arkansas Department of Finance and Administration before the annual deadline. Request information from the Union County Assessor about the Homestead Property Tax Credit and submit your application with proof of income if you qualify.