72395 Property Tax Rate

Property owners in ZIP code 72395 (Wilson, Arkansas) pay a median of $656/year in property taxes on homes valued at $140,700. This translates to an effective tax rate of 0.47%, which is 19% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72395 is approximately $55, which factors into escrow payments on mortgages. This ZIP code is located within Mississippi County.

Compared to similar ZIP codes in Arkansas, 72395 has higher property taxes. ZIP codes with similar effective rates include 72422 (0.47%) and 71770 (0.47%).

In Wilson, property taxes represent approximately 0.9% of the median household income of $75,586, providing context for the relative tax burden on homeowners in this area.

Arkansas has no statewide cap on property tax assessments; the Mississippi County Assessor will reassess your home to market value at purchase, potentially increasing your annual taxes significantly. Homeowners 65+ and those with disabilities can claim the Homestead Property Tax Relief exemption to reduce assessed value — file your application with the Mississippi County Assessor within 30 days of closing. Contact the Mississippi County Assessor to request the property's reassessment notice and verify your appeal deadline.