72206 Property Tax Rate

Property owners in ZIP code 72206 (Little Rock, Arkansas) pay a median of $606/year in property taxes on homes valued at $132,100. This translates to an effective tax rate of 0.46%, which is 20% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72206 is approximately $51, which factors into escrow payments on mortgages. This ZIP code is located within Pulaski County.

Compared to similar ZIP codes in Arkansas, 72206 has higher property taxes. ZIP codes with similar effective rates include 72021 (0.46%) and 72847 (0.46%).

In Little Rock, property taxes represent approximately 1.2% of the median household income of $49,145, providing context for the relative tax burden on homeowners in this area.

Arkansas has no statewide assessment cap; the Pulaski County Assessor will reassess your property to market value when you purchase, creating a new tax base. Homeowners 65+ and disabled residents qualify for the Homestead Property Tax Relief program, which reduces assessed value — file your application with the Pulaski County Assessor within 30 days of closing. Review the reassessment notice from the Pulaski County Assessor and file a formal appeal within 30 days if you dispute the valuation.