71973 Property Tax Rate

Property owners in ZIP code 71973 (Wickes, Arkansas) pay a median of $441/year in property taxes on homes valued at $86,300. This translates to an effective tax rate of 0.51%, which is 11% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 71973 is approximately $37, which factors into escrow payments on mortgages. This ZIP code is located within Polk County. This is $294 less than the Arkansas average of $735/year.

Compared to similar ZIP codes in Arkansas, 71973 has higher property taxes. ZIP codes with similar effective rates include 72125 (0.51%) and 72326 (0.51%).

In Wickes, property taxes represent approximately 1.3% of the median household income of $34,330, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 71973, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Polk County's tax assessor directly.