Sharp County, Arkansas Property Taxes
Census Bureau ACS property tax data for Arkansas. Population: 5,418.
The median annual property tax in Sharp County is $548, which is 22% lower than the Arkansas state average and 72% below the national average. The effective tax rate is 0.58% on a median home value of $94,600. Property taxes represent 1.3% of the median household income in this county.
Median Annual Tax
$548
-22% vs State
-72% vs US
Median Home Value
$94,600
-28% vs State
-55% vs US
Effective Tax Rate
0.58%
+9% vs State
-39% vs US
With vs Without Mortgage
With Mortgage
$578
$48/mo
Without Mortgage
$517
$43/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 | $548 +7.5% | 0.58% |
| 2022 | $510 +8.1% | 0.57% |
| 2021 | $472 +22.6% | 0.61% |
| 2020 | $385 -8.8% | 0.51% |
| 2019 | $422 | 0.52% |
Tax Burden
Tax-to-Income Ratio
1.3%
of median household income
Median Income
$42,950
per year
Monthly Tax
$46
per month
Other Counties in Arkansas
Columbia County
Tax: $683/yr Rate: 0.48%
Pope County
Tax: $918/yr Rate: 0.57%
Montgomery County
Tax: $522/yr Rate: 0.38%
Garland County
Tax: $915/yr Rate: 0.52%
Grant County
Tax: $840/yr Rate: 0.54%
Jefferson County
Tax: $667/yr Rate: 0.63%
Frequently Asked Questions
What is the average property tax in Sharp County, Arkansas? ▼
The median annual property tax in Sharp County is $548 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.58% on a median home value of $94,600.
How does Sharp County property tax compare to the national average? ▼
Property taxes in Sharp County are 72% below the national average of $1,923. The effective rate of 0.58% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Sharp County? ▼
In Sharp County, homeowners with a mortgage pay a median of $578 in annual property taxes, while homeowners without a mortgage pay $517. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Sharp County? ▼
Property taxes in Sharp County represent approximately 1.3% of the median household income of $42,950. 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.