72327 Property Tax Rate

Property owners in ZIP code 72327 (Crawfordsville, Arkansas) pay a median of $525/year in property taxes on homes valued at $145,100. This translates to an effective tax rate of 0.36%, which is 37% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72327 is approximately $44, which factors into escrow payments on mortgages. This ZIP code is located within Crittenden County. This is $210 less than the Arkansas average of $735/year.

Compared to similar ZIP codes in Arkansas, 72327 has lower property taxes. ZIP codes with similar effective rates include 71935 (0.36%) and 72427 (0.36%).

In Crawfordsville, property taxes represent approximately 0.7% of the median household income of $75,272, providing context for the relative tax burden on homeowners in this area.

Arkansas does not cap reassessments statewide; your home will be valued at market value by the Crittenden County Assessor upon purchase, establishing a new tax base. The Homestead Property Tax Relief program exempts seniors 65+ and disabled homeowners from a portion of assessed value — apply with the Crittenden County Assessor within 30 days of closing to reduce your tax burden. Obtain a certified copy of the reassessment from the Crittenden County Assessor and file any objections within 30 days of receipt.