Lafayette County Property Taxes

Lafayette County, Arkansas

Effective Tax Rate

0.00%

40.1% below state avg

Median Annual Tax

$0

$35/mo escrow

#55 of 75 counties in Arkansas

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.57%

vs. Arkansas Avg40.1% below
vs. National Avg84.3% below

At a Glance

Median Home Value

$74,600

State avg $131,967

Tax w/ Mortgage/yr

$574

$48/mo escrow

Tax w/o Mortgage/yr

$371

$31/mo

State Tax Rate Rank

#55

of 75 counties (1 = lowest)

Data Story

About Property Taxes in Lafayette County, Arkansas

Lafayette's taxes rank among nation's lowest

Lafayette County's 0.566% effective property tax rate places it in the bottom 20% of U.S. counties, well below the national median of 0.72%. Residents enjoy some of the country's lowest property tax burdens.

Lafayette slightly above Arkansas average

At 0.566%, Lafayette's rate edges above Arkansas's state average of 0.532%, positioning it in the middle tier of the state's 75 counties. The difference is minimal, just 0.034 percentage points above the state norm.

Lafayette rate competitive across region

Lafayette's 0.566% matches Jackson and Johnson counties' rates while exceeding Lawrence's 0.488%, showing regional consistency. Across southwest Arkansas, property tax rates cluster narrowly between 0.49% and 0.63%.

Median home tax bill: $422 annually

With a median home value of $74,600, Lafayette homeowners pay $422 per year in property taxes, among the lowest statewide. Including mortgage adjustments, the annual cost rises to approximately $574.

Check your assessment and appeal if needed

Many Arkansas homeowners discover their properties are assessed above market value when they finally review their records. The county assessor's office will evaluate your challenge at no cost and can substantially reduce your tax bill.

How Lafayette County Compares

Median Annual Property Tax

Lafayette County$422
Arkansas State Average$705
National Average$1,924

Lafayette County

0.57%

Effective rate

Arkansas Avg

0.53%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Lafayette County, Arkansas?
The effective property tax rate in Lafayette County, Arkansas is 0.57%. 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 Lafayette County?
The median annual property tax payment in Lafayette County is $422. Homeowners with a mortgage pay a median of $574, while those without a mortgage pay $371.
How does Lafayette County compare to the Arkansas average?
Lafayette County's effective tax rate of 0.57% is higher than the Arkansas state average of 0.53%. The median annual property tax in Lafayette County is $422, compared to the state average of $705.
What is the median home value in Lafayette County, Arkansas?
The median home value in Lafayette County, Arkansas is $74,600, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Lafayette County property tax rate higher than the Arkansas average?
Lafayette County's effective property tax rate of 0.57% is higher than the Arkansas average of 0.53%. This difference of 0.03% 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 Lafayette County rank for property taxes in Arkansas?
Lafayette County ranks #55 out of 75 counties in Arkansas by effective property tax rate (1 = lowest). With a rate of 0.57% and median annual tax of $422, it falls in the upper 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.