72926 Property Tax Rate

Property owners in ZIP code 72926 (Boles, Arkansas) pay a median of $500/year in property taxes on homes valued at $167,400. This translates to an effective tax rate of 0.30%, which is 48% below the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72926 is approximately $42, which factors into escrow payments on mortgages. This ZIP code is located within Scott County. This is $235 less than the Arkansas average of $735/year.

Compared to similar ZIP codes in Arkansas, 72926 has lower property taxes. ZIP codes with similar effective rates include 72959 (0.30%) and 71933 (0.30%).

In Boles, property taxes represent approximately 0.8% of the median household income of $63,125, providing context for the relative tax burden on homeowners in this area.

Arkansas has no statewide property tax cap; Scott County assessments are set based on current market value and may adjust annually according to county appraisals. The Homestead Exemption exempts $4,500 of assessed value for owner-occupied homes — apply to the Scott County Assessor immediately after closing to record the exemption. Request your Notice of Assessment to verify the exemption is reflected and the appraised value is correct.