71935 Property Tax Rate

Property owners in ZIP code 71935 (Caddo Gap, Arkansas) pay a median of $548/year in property taxes on homes valued at $151,000. This translates to an effective tax rate of 0.36%, which is 37% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 71935 is approximately $46, which factors into escrow payments on mortgages. This ZIP code is located within Montgomery County.

Compared to similar ZIP codes in Arkansas, 71935 has higher property taxes. ZIP codes with similar effective rates include 72427 (0.36%) and 72327 (0.36%).

In Caddo Gap, property taxes represent approximately 1.0% of the median household income of $55,344, 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. Montgomery County offers the Homestead Property Tax Credit for primary residences—contact the Montgomery County Assessor to apply and confirm your income limits. File your homestead exemption claim with the Montgomery County Assessor before the end of the calendar year.