Monroe County, Arkansas Property Taxes
Census Bureau ACS property tax data for Arkansas. Population: 1,851.
The median annual property tax in Monroe County is $405, which is 43% lower than the Arkansas state average and 79% below the national average. The effective tax rate is 0.49% on a median home value of $82,200. Property taxes represent 0.9% of the median household income in this county.
Median Annual Tax
$405
-43% vs State
-79% vs US
Median Home Value
$82,200
-38% vs State
-61% vs US
Effective Tax Rate
0.49%
-8% vs State
-48% vs US
With vs Without Mortgage
With Mortgage
$385
$32/mo
Without Mortgage
$433
$36/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $405 -4.0% | 0.49% |
| 2022 | $422 +6.8% | 0.50% |
| 2021 | $395 +2.6% | 0.53% |
| 2020 | $385 +3.5% | 0.52% |
| 2019 | $372 | 0.61% |
Tax Burden
Tax-to-Income Ratio
0.9%
of median household income
Median Income
$43,955
per year
Monthly Tax
$34
per month
Other Counties in Arkansas
Greene County
Tax: $792/yr Rate: 0.49%
Boone County
Tax: $904/yr Rate: 0.53%
Franklin County
Tax: $598/yr Rate: 0.50%
Randolph County
Tax: $519/yr Rate: 0.44%
Howard County
Tax: $708/yr Rate: 0.52%
Saline County
Tax: $1,335/yr Rate: 0.63%
Frequently Asked Questions
What is the average property tax in Monroe County, Arkansas? ▼
The median annual property tax in Monroe County is $405 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.49% on a median home value of $82,200.
How does Monroe County property tax compare to the national average? ▼
Property taxes in Monroe County are 79% below the national average of $1,923. The effective rate of 0.49% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Monroe County? ▼
In Monroe County, homeowners with a mortgage pay a median of $385 in annual property taxes, while homeowners without a mortgage pay $433. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Monroe County? ▼
Property taxes in Monroe County represent approximately 0.9% of the median household income of $43,955. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.