72376 Property Tax Rate

Property owners in ZIP code 72376 (Proctor, Arkansas) pay a median of $459/year in property taxes on homes valued at $105,800. This translates to an effective tax rate of 0.43%, which is 25% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72376 is approximately $38, which factors into escrow payments on mortgages. This ZIP code is located within Crittenden County. This is $276 less than the Arkansas average of $735/year.

Compared to similar ZIP codes in Arkansas, 72376 has lower property taxes. ZIP codes with similar effective rates include 72523 (0.43%) and 72135 (0.43%).

In Proctor, property taxes represent approximately 1.0% of the median household income of $43,980, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 72376, 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 Crittenden County's tax assessor directly.