72016 Property Tax Rate

Property owners in ZIP code 72016 (Bigelow, Arkansas) pay a median of $895/year in property taxes on homes valued at $161,400. This translates to an effective tax rate of 0.55%, which is 4% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72016 is approximately $75, which factors into escrow payments on mortgages. This ZIP code is located within Perry County.

Compared to similar ZIP codes in Arkansas, 72016 has higher property taxes. ZIP codes with similar effective rates include 72764 (0.55%) and 72201 (0.55%).

In Bigelow, property taxes represent approximately 1.6% of the median household income of $54,479, 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. Perry County offers the Homestead Property Tax Credit for qualifying primary residences—file your application with the Perry County Assessor to reduce your assessed value. Submit your homestead exemption claim to the Perry County Assessor within 30 days of closing.