71959 Property Tax Rate
Newhope, Arkansas · Part of Pike County
Effective Tax Rate
0.68%
12.2% above state avgMedian Annual Tax
$825
$69/mo escrow
Estimate Your Tax
Annual Tax
$825
Monthly
$69
Eff. Rate
0.68%
How ZIP 71959 Compares
Median Annual Property Tax
ZIP 71959
0.68%
Effective rate
Arkansas Avg
0.58%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Arkansas
Higher than 84% of ZIP codes in Arkansas(84th percentile, 488 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 71959
Property owners in ZIP code 71959 (Newhope, Arkansas) pay a median of $825/year in property taxes on homes valued at $120,800. This translates to an effective tax rate of 0.68%, which is 19% above the Arkansas state average of 0.58%.
The monthly property tax burden for a median-valued home in 71959 is approximately $69, which factors into escrow payments on mortgages. This ZIP code is located within Pike County.
Compared to similar ZIP codes in Arkansas, 71959 has higher property taxes. ZIP codes with similar effective rates include 72712 (0.68%) and 72027 (0.68%).
Arkansas has no state-level property tax cap; assessments are determined locally by county assessors and can increase annually without restriction. Pike County offers the Homestead Property Tax Credit for eligible primary residences—apply with the Pike County Assessor to determine your relief amount based on income. File your homestead exemption claim with the Pike County Assessor immediately after purchase.
Frequently Asked Questions
What is the property tax rate in ZIP code 71959?
How much are property taxes in Newhope, AR (71959)?
How does ZIP 71959 compare to the Arkansas average?
What is the median home value in ZIP 71959?
What county is ZIP code 71959 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$424. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 71959 is part of Pike County, Arkansas. View the full county profile for broader context and more data.
View Pike County on TaxByCounty →Similar ZIP Codes in Arkansas
72712
-0.00%Bentonville
0.68%
$2,738/yr
72027
-0.00%Center Ridge
0.68%
$481/yr
72837
+0.01%Dover
0.69%
$857/yr
72106
+0.01%Mayflower
0.69%
$1,194/yr
71643
-0.01%Gould
0.67%
$391/yr
72176
+0.01%Ward
0.69%
$1,146/yr
72714
+0.01%Bella Vista
0.69%
$1,770/yr
72072
+0.01%Humnoke
0.70%
$721/yr
71764
-0.01%Stephens
0.67%
$422/yr
72941
+0.01%Lavaca
0.70%
$1,111/yr
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.