Mayflower, Faulkner County, Arkansas Property Taxes
Median Mayflower, AR effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Mayflower, AR home value: $102,200
Median annual Mayflower, AR tax bill: $924, $1,476 lower than the national median property tax bill of $2,400.
How are property taxes in Faulkner County calculated?
Property taxes in Mayflower, AR 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 Mayflower’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mayflower, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mayflower, Faulkner County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.98%
Estimate Property Tax Bill
$1,002
$929
Property Tax Rates Across Mayflower, Faulkner County, Arkansas
Our median effective property tax rate (tax bill ÷ 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 Mayflower Tax Rate
0.98%
Our median effective property tax rate (tax bill ÷ 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 Faulkner County Tax Rate
0.96%
Median Effective Arkansas Tax Rate
0.84%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mayflower, Faulkner County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72106 | 0.71% | 0.85% | 0.98% | 1.04% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Mayflower, Faulkner County, Arkansas
Property Tax Assessment Values Across Mayflower, Faulkner County, Arkansas
Source: Ownwell

$77,575
$128,063
$178,550
Median Mayflower Market Value
$102,200
Median Faulkner County Market Value
$149,500
Median Arkansas Market Value
$113,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mayflower, Faulkner County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72106 | $24,160 | $53,250 | $102,200 | $169,250 | $264,680 |
Source: Ownwell
Property Tax Bills Across Mayflower, Faulkner County, Arkansas
Median Mayflower Tax Bill
$924
Median Faulkner County Tax Bill
$1,390
Median Arkansas Tax Bill
$877
Median United States Tax Bill
$2,400
Property Tax Bills Across Mayflower, Faulkner County, Arkansas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
72106 | $219 | $463 | $924 | $1,652 | $2,421 |
Source: Ownwell