Washington, Hempstead County, Arkansas Property Taxes
Property Taxes in Washington, Arkansas
Median Washington, Arkansas effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Washington, Arkansas home value: $32,750
Median annual Washington, Arkansas tax bill: $211, lower than the national median property tax bill of $2,400.
How are property taxes in Hempstead calculated?
Property taxes in Washington, Arkansas 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 Washington's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Washington, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Washington, Hempstead County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$285
$264
How Does the Washington Property Tax Calculator Work?
Use this Washington property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and our calculator applies Washington’s median effective tax rate of 0.87% — based on actual property records in Hempstead County — to generate your estimate.
Enter your property’s estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home’s market value. Our calculator applies Washington’s median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Washington: rates are the same across the city, with the highest median tax bill of $211 in 71862 and the lowest median tax bill of $211 in 71862.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Washington.
About Washington Property Taxes
About Property Taxes in Washington, Hempstead, Arkansas
Washington’s median effective property tax rate of 0.87% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Hempstead County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Washington. Homeowners in the 71862 ZIP code carry a median effective rate of 0.87%, while those in the lowest ZIP also pay 0.87%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Hempstead County. Understanding which part of Washington you live in can make a meaningful difference to your annual tax bill.
Washington homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 17, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Washington, Hempstead County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Washington's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
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 Washington Tax Rate
0.87%
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 Hempstead County Tax Rate
0.81%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Washington, Hempstead County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71862 | 0.18% | 0.44% | 0.87% | 0.88% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Washington, Hempstead County, Arkansas
When examining property taxes in Washington, Arkansas, 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 Hempstead County appraisal district 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 Hempstead County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Washington.
For example, the median home price in Washington is $32,750, with tax bills ranging significantly across the county. ZIP code 71862 has the highest median home price at $32,750.
Property Tax Assessment Values Across Washington, Hempstead County, Arkansas
Source: Ownwell
$28,450
$55,263
$82,075
Median Washington Market Value
$32,750
Median Hempstead County Market Value
$47,975
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Washington, Hempstead County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71862 | $4,055 | $13,938 | $32,750 | $68,538 | $117,045 |
Source: Ownwell
Property Tax Bills Across Washington, Hempstead County, Arkansas
Property tax bills in Washington are calculated from the assessed value of a home and the local tax rate set for Hempstead County and other taxing authorities. When a home’s market value is assessed, that value becomes the basis for the bill, so changes in the local real estate market can affect what homeowners owe. With a median home price of $32,750, even modest shifts in assessment can matter.
The typical property tax bill in Washington is relatively low compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. The median tax bill in ZIP code 71862 is $211, and that same ZIP code also has the highest and lowest median tax bill reported. For many homeowners, the final bill depends on the assessed value, local rates, and any exemptions that reduce taxable value. Higher assessed values generally lead to higher bills, while lower assessments can help keep property taxes more manageable.
Median Washington Tax Bill
$211
Median Hempstead County Tax Bill
$310
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Washington, Hempstead County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 71862 | $28 | $88 | $211 | $397 | $846 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Hempstead Tax Assessor | |
| Website | www.actdatascout.com |