71859 Property Tax Rate

Property owners in ZIP code 71859 (Saratoga, Arkansas) pay a median of $473/year in property taxes on homes valued at $187,900. This translates to an effective tax rate of 0.25%, which is 56% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 71859 is approximately $39, which factors into escrow payments on mortgages. This ZIP code is located within Hempstead County. This is $262 less than the Arkansas average of $735/year.

Compared to similar ZIP codes in Arkansas, 71859 has lower property taxes. ZIP codes with similar effective rates include 72156 (0.25%) and 72841 (0.26%).

In Saratoga, property taxes represent approximately 0.8% of the median household income of $63,060, providing context for the relative tax burden on homeowners in this area.

Arkansas has no state-level property tax cap; assessments are determined locally by county assessors and can increase annually without restriction. Hempstead County administers the Homestead Property Tax Credit for eligible homeowners—file your application with the Hempstead County Assessor to reduce your tax burden. Submit your exemption claim to the Hempstead County Assessor's office before the end of the calendar year in which you purchase.