72533 Property Tax Rate

Property owners in ZIP code 72533 (Fifty Six, Arkansas) pay a median of $804/year in property taxes on homes valued at $186,800. 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 72533 is approximately $67, which factors into escrow payments on mortgages. This ZIP code is located within Stone County.

Compared to similar ZIP codes in Arkansas, 72533 has lower property taxes. ZIP codes with similar effective rates include 72436 (0.43%) and 72938 (0.43%).

In Fifty Six, property taxes represent approximately 1.6% of the median household income of $51,654, providing context for the relative tax burden on homeowners in this area.

Arkansas has no statewide assessment cap; the Stone County Assessor will reassess your home to market value at sale, potentially increasing your annual taxes. The Homestead Property Tax Relief program provides exemptions for homeowners 65+ and those with disabilities — apply with the Stone County Assessor within 30 days of closing to reduce your taxable value. File your appeal within 30 days of receiving the reassessment notice from the Stone County Assessor if you believe the valuation is inaccurate.