72941 Property Tax Rate

Property owners in ZIP code 72941 (Lavaca, Arkansas) pay a median of $1,111/year in property taxes on homes valued at $159,600. This translates to an effective tax rate of 0.70%, which is 21% above the Arkansas state average of 0.58%.

The monthly property tax burden for a median-valued home in 72941 is approximately $93, which factors into escrow payments on mortgages. This ZIP code is located within Sebastian County. This is $376 more than the Arkansas average of $735/year.

Compared to similar ZIP codes in Arkansas, 72941 has lower property taxes. ZIP codes with similar effective rates include 72072 (0.70%) and 72103 (0.70%).

In Lavaca, property taxes represent approximately 1.4% of the median household income of $77,292, providing context for the relative tax burden on homeowners in this area.

Arkansas does not cap property tax assessments at purchase price — your home will be assessed annually at market value regardless of when you buy. Sebastian County Assessor's office administers the Homestead Exemption program, which exempts a portion of assessed value for primary residences; contact the assessor to file immediately after purchase. Verify your assessment notice within 30 days of receipt and file a formal appeal with the Sebastian County Assessor if the valuation exceeds comparable sales.