72432 Property Tax Rate

Property owners in ZIP code 72432 (Harrisburg, Arkansas) pay a median of $506/year in property taxes on homes valued at $112,700. This translates to an effective tax rate of 0.45%, which is 22% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72432 is approximately $42, which factors into escrow payments on mortgages. This ZIP code is located within Poinsett County. This is $229 less than the Arkansas average of $735/year.

Compared to similar ZIP codes in Arkansas, 72432 has lower property taxes. ZIP codes with similar effective rates include 72635 (0.45%) and 72330 (0.45%).

In Harrisburg, property taxes represent approximately 0.9% of the median household income of $57,687, providing context for the relative tax burden on homeowners in this area.

Arkansas imposes no statewide cap on reassessments; your home will be valued at market value by the Poinsett County Assessor upon sale, establishing a new tax base. The Homestead Property Tax Relief exemption is available to seniors 65+ and disabled homeowners — file your application with the Poinsett County Assessor within 30 days of closing to reduce your assessed value. Obtain the property's reassessment from the Poinsett County Assessor and file any appeals within 30 days of receiving the notice.