Nevada County Property Taxes

Nevada County, Arkansas

Effective Tax Rate

0.00%

34.5% below state avg

Median Annual Tax

$0

$39/mo escrow

#41 of 75 counties in Arkansas

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.54%

vs. Arkansas Avg34.5% below
vs. National Avg82.8% below

At a Glance

Median Home Value

$85,700

State avg $131,967

Tax w/ Mortgage/yr

$396

$33/mo escrow

Tax w/o Mortgage/yr

$484

$40/mo

State Tax Rate Rank

#41

of 75 counties (1 = lowest)

Data Story

About Property Taxes in Nevada County, Arkansas

Nevada County taxes far below U.S. average

Nevada County's effective tax rate of 0.539% results in a median property tax of $462, roughly one-sixth of the national median of $2,690. Even with lower home values ($85,700 median), Nevada County homeowners enjoy one of the country's lowest tax burdens.

Slightly above Arkansas average rate

Nevada County's 0.539% effective rate edges just above Arkansas's 0.532% statewide average, yet its median tax of $462 runs $243 below the state's $705 median due to lower property values. This makes Nevada County competitive on absolute tax dollars paid, despite a marginally higher rate.

Mid-range taxes in south Arkansas

Nevada County's 0.539% rate sits between Ouachita County (0.502%) to the north and Phillips County (0.656%) to the east. Among small, rural southern Arkansas counties, Nevada offers moderate tax exposure.

Lowest median tax among all eight counties

Nevada County's median home value of $85,700 paired with its 0.539% rate yields just $462 in annual property tax—the lowest median in this eight-county group. Residents without a mortgage pay around $484; those with one pay $396, reflecting the county's affordable housing stock.

Homeowners should verify assessments

Despite Nevada County's low overall tax rates, individual overassessments remain possible and worth challenging. A property tax appeal could free up hundreds in annual savings if your assessed value doesn't match current market conditions.

How Nevada County Compares

Median Annual Property Tax

Nevada County$462
Arkansas State Average$705
National Average$1,924

Nevada County

0.54%

Effective rate

Arkansas Avg

0.53%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Nevada County, Arkansas?
The effective property tax rate in Nevada County, Arkansas is 0.54%. 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 Nevada County?
The median annual property tax payment in Nevada County is $462. Homeowners with a mortgage pay a median of $396, while those without a mortgage pay $484.
How does Nevada County compare to the Arkansas average?
Nevada County's effective tax rate of 0.54% is higher than the Arkansas state average of 0.53%. The median annual property tax in Nevada County is $462, compared to the state average of $705.
What is the median home value in Nevada County, Arkansas?
The median home value in Nevada County, Arkansas is $85,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Nevada County property tax rate higher than the Arkansas average?
Nevada County's effective property tax rate of 0.54% 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 Nevada County rank for property taxes in Arkansas?
Nevada County ranks #41 out of 75 counties in Arkansas by effective property tax rate (1 = lowest). With a rate of 0.54% and median annual tax of $462, 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.