72501 Property Tax Rate

Property owners in ZIP code 72501 (Batesville, Arkansas) pay a median of $700/year in property taxes on homes valued at $129,900. This translates to an effective tax rate of 0.54%, which is 6% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72501 is approximately $58, which factors into escrow payments on mortgages. This ZIP code is located within Independence County.

Compared to similar ZIP codes in Arkansas, 72501 has higher property taxes. ZIP codes with similar effective rates include 72470 (0.54%) and 71913 (0.54%).

In Batesville, property taxes represent approximately 1.3% of the median household income of $53,796, providing context for the relative tax burden on homeowners in this area.

Arkansas has no statewide property tax cap; Independence County assessments are based on market value and may increase each year as property values change. The Homestead Exemption exempts $4,500 of assessed value for primary residences — submit your application to the Independence County Assessor within 30 days of purchase. Contact the assessor's office to confirm your exemption status and review your Notice of Assessment for accuracy.