71953 Property Tax Rate

Property owners in ZIP code 71953 (Mena, Arkansas) pay a median of $552/year in property taxes on homes valued at $144,200. This translates to an effective tax rate of 0.38%, which is 34% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 71953 is approximately $46, which factors into escrow payments on mortgages. This ZIP code is located within Polk County.

Compared to similar ZIP codes in Arkansas, 71953 has lower property taxes. ZIP codes with similar effective rates include 72675 (0.38%) and 72660 (0.39%).

In Mena, property taxes represent approximately 1.1% of the median household income of $52,355, 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. Polk County administers the Homestead Property Tax Credit for eligible homeowners—verify your income threshold with the Polk County Assessor and submit your application. Contact the Polk County Assessor immediately upon purchase to file your exemption claim.