Chicot County Property Taxes

Chicot County, Arkansas

Effective Tax Rate

0.00%

29.9% below state avg

Median Annual Tax

$0

$41/mo escrow

#46 of 75 counties in Arkansas

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.55%

vs. Arkansas Avg29.9% below
vs. National Avg81.6% below

At a Glance

Median Home Value

$90,500

State avg $131,967

Tax w/ Mortgage/yr

$507

$42/mo escrow

Tax w/o Mortgage/yr

$487

$41/mo

State Tax Rate Rank

#46

of 75 counties (1 = lowest)

Data Story

About Property Taxes in Chicot County, Arkansas

Chicot's taxes rank far below national average

Chicot County's effective tax rate of 0.546% is roughly one-fifth the national median property tax burden, placing it in the lowest 10% nationally. The median home here costs $90,500—just 32% of the U.S. median—making property taxes unusually affordable for homeowners.

Slightly above Arkansas average

At 0.546%, Chicot's effective rate edges above the state average of 0.532%, ranking it mid-pack among Arkansas counties. The median tax bill of $494 sits well below the state median of $705, reflecting lower home values across the region.

Comparable to nearby Clay and Columbia counties

Chicot's rate of 0.546% closely mirrors Clay County's 0.521% and Columbia County's 0.482%, all clustered in the lower tier of Arkansas taxation. Home values in this region are consistently modest, averaging $88,000 to $142,000 across the three counties.

Own a typical home? Budget $494 annually

A median-priced home valued at $90,500 generates an estimated annual property tax of $494 in Chicot County. Homeowners with mortgages pay slightly more at $507, while those owning free-and-clear properties pay $487.

Check if you're overassessed—appeal if needed

Many Arkansas homeowners discover their properties are assessed above actual market value, resulting in inflated tax bills. If your home's assessed value seems high, filing a simple appeal with the county assessor's office could lower your annual tax burden.

How Chicot County Compares

Median Annual Property Tax

Chicot County$494
Arkansas State Average$705
National Average$1,924

Chicot County

0.55%

Effective rate

Arkansas Avg

0.53%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Chicot County, Arkansas?
The effective property tax rate in Chicot County, Arkansas is 0.55%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Chicot County?
The median annual property tax payment in Chicot County is $494. Homeowners with a mortgage pay a median of $507, while those without a mortgage pay $487.
How does Chicot County compare to the Arkansas average?
Chicot County's effective tax rate of 0.55% is higher than the Arkansas state average of 0.53%. The median annual property tax in Chicot County is $494, compared to the state average of $705.
What is the median home value in Chicot County, Arkansas?
The median home value in Chicot County, Arkansas is $90,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Chicot County property tax rate higher than the Arkansas average?
Chicot County's effective property tax rate of 0.55% is higher than the Arkansas average of 0.53%. This difference of 0.01% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Chicot County rank for property taxes in Arkansas?
Chicot County ranks #46 out of 75 counties in Arkansas by effective property tax rate (1 = lowest). With a rate of 0.55% and median annual tax of $494, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Arkansas

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.