Chicot County, Arkansas Property Taxes
Property Taxes in Chicot County, Arkansas
Median Chicot County effective property tax rate: 0.82%, significantly lower than the national median of 1.02%.
Median Chicot County home value: $45,200
Median annual Chicot County tax bill: $374, lower than the national median property tax bill of $2,400.
How are property taxes in Chicot County calculated?
Property taxes in Chicot County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Chicot County or another part of Chicot County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Chicot County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$371
$344
How Does the Chicot County Property Tax Calculator Work?
Use this Chicot County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Chicot County's median effective tax rate of 0.82% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Chicot County’s median property tax rate is lower than the Arkansas state median tax rate of 0.81%, and the median property tax bill is $374, compared with the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Chicot County.
Property Tax Rates Across Chicot County, Arkansas
What Are Effective Property Tax Rates Across Chicot County?
Local government entities set tax rates, which vary widely across Chicot County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Chicot County's effective property tax rate to other counties in Arkansas or the U.S. median of 1.02%.
Chicot County's median effective rate stands at 0.82%, which is lower than the national median of 1.02%. Within Chicot County, the highest rate is found in Dermott at 1.01%, while Portland has the lowest at 0.65%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Chicot County Tax Rate
0.82%
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chicot County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Dermott | 0.66% | 0.83% | 1.01% | 1.13% | 1.13% |
| Eudora | 0.55% | 0.68% | 0.88% | 0.99% | 1.02% |
| Lake Village | 0.49% | 0.59% | 0.68% | 0.92% | 0.92% |
| Portland | 0.52% | 0.60% | 0.65% | 0.74% | 0.91% |
| Parkdale | N/A | N/A | N/A | N/A | N/A |
| Wilmot | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Chicot County, Arkansas
When examining property taxes in Chicot County, understanding the distinction between “market value” and “assessed value” is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The county estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Chicot County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. The median tax bill in Chicot County is $374, which is well below the national median property tax bill of $2400. Portland has the highest median home price at $99,200.
Median Chicot County Market Value
$45,200
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Chicot County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Dermott | $4,935 | $13,725 | $28,500 | $52,762 | $91,525 |
| Eudora | $4,500 | $13,075 | $29,425 | $57,500 | $117,555 |
| Lake Village | $7,820 | $33,150 | $83,000 | $200,250 | $367,740 |
| Portland | $20,010 | $54,050 | $99,200 | $169,600 | $248,620 |
| Parkdale | N/A | N/A | N/A | N/A | N/A |
| Wilmot | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Chicot County, Arkansas
Property tax bills in Chicot County are based on the assessed value of a home, not its market price. Local taxing authorities apply their tax rates to that assessed value to determine the annual bill, so homes with higher assessed values generally owe more. The amount a homeowner pays can also vary depending on local levies and how the property is classified.
With a median home price of $45,200, property taxes in the county are relatively modest compared with the national median property tax bill of $2,400. The 25th percentile tax bill is $177, while the 75th percentile is $778 and the 90th percentile reaches $1,738, showing how bills can differ across properties. Median tax bills also vary within the county, from $251 in Eudora to $583 in Lake Village. For homeowners, this means property taxes can be a meaningful part of housing costs, especially when assessed values rise.
Median Chicot County Tax Bill
$374
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Chicot County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Dermott | $78 | $152 | $279 | $492 | $775 |
| Eudora | $74 | $136 | $251 | $468 | $836 |
| Lake Village | $96 | $262 | $583 | $1,268 | $2,336 |
| Portland | $161 | $335 | $562 | $1,117 | $2,024 |
| Parkdale | N/A | N/A | N/A | N/A | N/A |
| Wilmot | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Chicot Tax Assessor | |
| Website | www.arcountydata.com |