72639 Property Tax Rate

Property owners in ZIP code 72639 (Harriet, Arkansas) pay a median of $479/year in property taxes on homes valued at $127,200. This translates to an effective tax rate of 0.38%, which is 35% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72639 is approximately $40, which factors into escrow payments on mortgages. This ZIP code is located within Searcy County. This is $256 less than the Arkansas average of $735/year.

Compared to similar ZIP codes in Arkansas, 72639 has lower property taxes. ZIP codes with similar effective rates include 71838 (0.38%) and 72536 (0.38%).

In Harriet, property taxes represent approximately 0.9% of the median household income of $51,908, providing context for the relative tax burden on homeowners in this area.

Arkansas has no statewide property tax cap; Searcy County assessments reflect market value and can increase annually based on county appraisals. The Homestead Exemption exempts $4,500 from assessed value for primary residences — apply to the Searcy County Assessor within 30 days of purchase to secure the reduction. Obtain a copy of your Notice of Assessment and confirm the exemption is reflected before your first tax bill.