71835 Property Tax Rate

Property owners in ZIP code 71835 (Emmet, Arkansas) pay a median of $820/year in property taxes on homes valued at $111,900. This translates to an effective tax rate of 0.73%, which is 27% above the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 71835 is approximately $68, which factors into escrow payments on mortgages. This ZIP code is located within Nevada County.

Compared to similar ZIP codes in Arkansas, 71835 has lower property taxes. ZIP codes with similar effective rates include 72908 (0.74%) and 72350 (0.74%).

In Emmet, property taxes represent approximately 1.4% of the median household income of $57,132, providing context for the relative tax burden on homeowners in this area.

Arkansas reassesses all property to market value upon purchase with no statewide annual cap, placing your first tax bill at the sale price—pay careful attention to your Notice of Assessment for potential errors. Nevada County homeowners earning below $27,000 may qualify for the Homestead Property Tax Credit; apply with the Nevada County Assessor or the Arkansas Department of Finance and Administration by the annual deadline. Contact the Nevada County Assessor to obtain the Homestead Property Tax Credit application and confirm the state filing date for your tax year.