Phillips County Property Taxes

Phillips County, Arkansas

Effective Tax Rate

0.00%

29.1% below state avg

Median Annual Tax

$0

$42/mo escrow

#74 of 75 counties in Arkansas

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.66%

vs. Arkansas Avg29.1% below
vs. National Avg81.4% below

At a Glance

Median Home Value

$76,200

State avg $131,967

Tax w/ Mortgage/yr

$970

$81/mo escrow

Tax w/o Mortgage/yr

$375

$31/mo

State Tax Rate Rank

#74

of 75 counties (1 = lowest)

Data Story

About Property Taxes in Phillips County, Arkansas

Phillips County has region's highest tax rate

Phillips County's effective tax rate of 0.656% is the highest among the eight counties studied and still remains well below the national median property tax burden. With a median home value of $76,200, residents pay $500 in median annual property tax—about one-fifth the national median of $2,690.

Above-average rate for Arkansas

Phillips County's 0.656% effective rate is 0.124 percentage points above Arkansas's 0.532% state average—the steepest in this eight-county sample. Despite the higher rate, the median property tax of $500 remains $205 below the state median of $705 due to lower home values.

Highest tax rate in the eight-county group

Phillips County's 0.656% rate exceeds all seven comparison counties, including Pike County (0.559%), Nevada County (0.539%), and Perry County (0.520%). This higher burden reflects Phillips County's distinct assessment practices compared to the Ouachita Mountain and southwestern Arkansas peers.

Median homeowner pays $500 yearly

Phillips County's median home valued at $76,200 combined with the 0.656% rate produces a median property tax of $500 annually. With a mortgage, residents pay roughly $970; without, about $375—reflecting the county's historically affordable but fully valued real estate.

Strong case for assessment review

Given Phillips County's higher-than-average effective rate, homeowners should carefully review their assessments against recent arm's-length sales. An appeal could generate meaningful savings, especially if your property was assessed before recent market downturns.

How Phillips County Compares

Median Annual Property Tax

Phillips County$500
Arkansas State Average$705
National Average$1,924

Phillips County

0.66%

Effective rate

Arkansas Avg

0.53%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Phillips County, Arkansas?
The effective property tax rate in Phillips County, Arkansas is 0.66%. 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 Phillips County?
The median annual property tax payment in Phillips County is $500. Homeowners with a mortgage pay a median of $970, while those without a mortgage pay $375.
How does Phillips County compare to the Arkansas average?
Phillips County's effective tax rate of 0.66% is higher than the Arkansas state average of 0.53%. The median annual property tax in Phillips County is $500, compared to the state average of $705.
What is the median home value in Phillips County, Arkansas?
The median home value in Phillips County, Arkansas is $76,200, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Phillips County property tax rate higher than the Arkansas average?
Phillips County's effective property tax rate of 0.66% is higher than the Arkansas average of 0.53%. This difference of 0.12% 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 Phillips County rank for property taxes in Arkansas?
Phillips County ranks #74 out of 75 counties in Arkansas by effective property tax rate (1 = lowest). With a rate of 0.66% and median annual tax of $500, 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.