72675 Property Tax Rate

Property owners in ZIP code 72675 (Saint Joe, Arkansas) pay a median of $600/year in property taxes on homes valued at $157,700. This translates to an effective tax rate of 0.38%, which is 34% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72675 is approximately $50, which factors into escrow payments on mortgages. This ZIP code is located within Searcy County.

Compared to similar ZIP codes in Arkansas, 72675 has higher property taxes. ZIP codes with similar effective rates include 71953 (0.38%) and 72577 (0.38%).

In Saint Joe, property taxes represent approximately 1.5% of the median household income of $40,288, 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.