Craighead County Property Taxes

Craighead County, Arkansas

Effective Tax Rate

0.00%

53.8% above state avg

Median Annual Tax

$0

$90/mo escrow

#45 of 75 counties in Arkansas

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.55%

vs. Arkansas Avg53.8% above
vs. National Avg59.7% below

At a Glance

Median Home Value

$198,700

State avg $131,967

Tax w/ Mortgage/yr

$1,223

$102/mo escrow

Tax w/o Mortgage/yr

$874

$73/mo

State Tax Rate Rank

#45

of 75 counties (1 = lowest)

Data Story

About Property Taxes in Craighead County, Arkansas

Craighead's taxes among lowest in nation

Craighead County's effective tax rate of 0.545% ranks in the bottom 12% nationally, with a median property tax of $1,084. Though higher than other Arkansas counties in absolute dollars, this is still less than 40% of the national median tax burden of $2,690.

Above-average rate in Arkansas

At 0.545%, Craighead County's effective rate edges above the state average of 0.532%, placing it in the upper half of Arkansas counties. The median tax of $1,084 is the highest in this survey, driven by the county's median home value of $198,700—the strongest in the region.

Higher values and rates than surrounding counties

Craighead County's 0.545% rate and $1,084 median tax exceed all neighboring counties surveyed, reflecting its more developed economy and higher home values. Jonesboro's presence as a regional hub drives both property values and tax collections higher than rural peers.

Estimate $1,084 in annual property taxes

A Craighead County home valued at the median $198,700 generates an estimated annual property tax of $1,084. With a mortgage, homeowners pay $1,223; without one, they pay $874.

Even higher-value homes warrant assessment review

Craighead's higher home values make assessment accuracy especially important—an overvaluation compounds to hundreds of dollars in extra taxes. Filing a free appeal with the assessor is a smart step for any homeowner questioning their property's appraised worth.

How Craighead County Compares

Median Annual Property Tax

Craighead County$1,084
Arkansas State Average$705
National Average$1,924

Craighead 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 Craighead County, Arkansas?
The effective property tax rate in Craighead 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 Craighead County?
The median annual property tax payment in Craighead County is $1,084. Homeowners with a mortgage pay a median of $1,223, while those without a mortgage pay $874.
How does Craighead County compare to the Arkansas average?
Craighead County's effective tax rate of 0.55% is higher than the Arkansas state average of 0.53%. The median annual property tax in Craighead County is $1,084, compared to the state average of $705.
What is the median home value in Craighead County, Arkansas?
The median home value in Craighead County, Arkansas is $198,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Craighead County property tax rate higher than the Arkansas average?
Craighead 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 Craighead County rank for property taxes in Arkansas?
Craighead County ranks #45 out of 75 counties in Arkansas by effective property tax rate (1 = lowest). With a rate of 0.55% and median annual tax of $1,084, 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.