72110 Property Tax Rate

Property owners in ZIP code 72110 (Morrilton, Arkansas) pay a median of $843/year in property taxes on homes valued at $146,400. This translates to an effective tax rate of 0.58%, which is near the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72110 is approximately $70, which factors into escrow payments on mortgages. This ZIP code is located within Conway County.

Compared to similar ZIP codes in Arkansas, 72110 has lower property taxes. ZIP codes with similar effective rates include 71837 (0.58%) and 71667 (0.58%).

In Morrilton, property taxes represent approximately 1.8% of the median household income of $47,439, providing context for the relative tax burden on homeowners in this area.

Arkansas does not cap assessments statewide; your property will be reassessed at market value when you purchase, potentially raising your annual tax liability. The Homestead Property Tax Relief program exempts seniors 65+ and disabled owners from a portion of assessed value — apply immediately with the Conway County Assessor after closing. File any objections to the reassessment with the Conway County Assessor within 30 days of receiving your notice to preserve your right to appeal.