Greene County, Arkansas Property Taxes

What Are Effective Property Tax Rates Across Greene County?

Local government entities set tax rates, which vary widely across Greene 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 Greene County's effective property tax rate to other counties in Arkansas or the U.S. median of 1.02%.

Greene County's median effective rate stands at 0.71%, which is lower than the national median of 1.02%. Within Greene County, the highest rate is found in BONO at 0.74%, while WALNUT RIDGE has the lowest at 0.59%.

These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.

Property tax bills in Greene 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 amount owed each year. Factors such as the home’s location, any improvements, and the tax rates set by local governments all play a role in the final bill.

For a county with a median home price of $134,200, property taxes can vary widely from one homeowner to another. The 25th percentile tax bill is $496, while the 75th percentile is $1,458 and the 90th percentile reaches $2,109. That means many homeowners pay less than the national median property tax bill of $2,400, though some bills can still be substantial.

These differences matter because property taxes can affect monthly housing costs and long-term affordability. A higher assessed value or a change in local tax rates can increase the bill, making it important for homeowners to understand how their taxes are calculated.