Independence County Property Taxes

Independence County, Arkansas

Effective Tax Rate

0.00%

6.8% below state avg

Median Annual Tax

$0

$55/mo escrow

#44 of 75 counties in Arkansas

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.55%

vs. Arkansas Avg6.8% below
vs. National Avg75.6% below

At a Glance

Median Home Value

$120,500

State avg $131,967

Tax w/ Mortgage/yr

$698

$58/mo escrow

Tax w/o Mortgage/yr

$614

$51/mo

State Tax Rate Rank

#44

of 75 counties (1 = lowest)

Data Story

About Property Taxes in Independence County, Arkansas

Independence taxes rank quite low nationally

Independence County's effective tax rate of 0.545% sits well below the national median of 0.82%, placing it in the bottom 25% of U.S. counties. The median property tax of $657 annually represents just 24% of the national median of $2,690. Independence offers substantial tax savings compared to national norms.

Slightly above Arkansas average

At 0.545%, Independence's effective rate edges just above the Arkansas state average of 0.532% by roughly 2%, making it near-average statewide. The median tax of $657 is 7% below the state average of $705, offering slight savings despite slightly higher rates.

Highest rate in the survey

Independence's 0.545% rate ties with Grant as the highest among the surveyed counties, topping Howard (0.523%) and Greene (0.488%). Still, by national standards, Independence remains tax-friendly.

What $121K home costs in taxes

A median-valued property of $120,500 in Independence County generates an annual tax bill of approximately $657. Including mortgage costs, that rises to $698 per year.

Appeal inflated property valuations

Independence County homeowners should file for a property tax assessment review if they suspect overvaluation, which is common across Arkansas. A successful appeal could reduce your annual tax liability.

How Independence County Compares

Median Annual Property Tax

Independence County$657
Arkansas State Average$705
National Average$1,924

Independence 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 Independence County, Arkansas?
The effective property tax rate in Independence 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 Independence County?
The median annual property tax payment in Independence County is $657. Homeowners with a mortgage pay a median of $698, while those without a mortgage pay $614.
How does Independence County compare to the Arkansas average?
Independence County's effective tax rate of 0.55% is higher than the Arkansas state average of 0.53%. The median annual property tax in Independence County is $657, compared to the state average of $705.
What is the median home value in Independence County, Arkansas?
The median home value in Independence County, Arkansas is $120,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Independence County property tax rate higher than the Arkansas average?
Independence 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 Independence County rank for property taxes in Arkansas?
Independence County ranks #44 out of 75 counties in Arkansas by effective property tax rate (1 = lowest). With a rate of 0.55% and median annual tax of $657, 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.