Lafayette County, Arkansas Property Taxes
Property Taxes in Lafayette County, Arkansas
Median Lafayette County effective property tax rate: 0.74%, significantly lower than the national median of 1.02%.
Median Lafayette County home value: $41,100
Median annual Lafayette County tax bill: $196, lower than the national median property tax bill of $2,400.
How are property taxes in Lafayette County calculated?
Property taxes in Lafayette 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.
Why does the assessed value matter? Because the assessed value is the figure used to calculate your property tax bill, not the market value. What exemptions can reduce taxes? Homestead and senior exemptions can lower the taxable amount. How can homeowners save more? Understanding local property tax rules and reduction opportunities can lead to meaningful savings.
Whether you live in Lafayette County or another part of the county, knowing how property taxes are assessed can help homeowners and investors make better decisions.
Last Updated April 13, 2026
Lafayette County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$304
$282
How Does the Lafayette County Property Tax Calculator Work?
Use this Lafayette County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lafayette County's median effective tax rate of 0.74% 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. Lafayette County's median property tax bill is $196, which is lower than the national median property tax rate of 1.02% and the national median property tax bill of $2,400. The county's median bill is also $2,204 lower than the state median tax bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Lafayette County.
Property Tax Rates Across Lafayette County, Arkansas
What Are Effective Property Tax Rates Across Lafayette County?
Local government entities set tax rates, which vary widely across Lafayette 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 Lafayette County's effective property tax rate to other counties in Arkansas or the U.S. median of 1.02%.
Lafayette County's median effective rate stands at 0.74%, which is lower than the national median of 1.02%. Within Lafayette County, the highest rate is found in Taylor at 0.76%, while Bradley has the lowest at 0.73%.
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 Lafayette County Tax Rate
0.74%
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 Lafayette County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bradley | 0.15% | 0.41% | 0.73% | 0.93% | 1.03% |
| Taylor | 0.16% | 0.53% | 0.76% | 0.93% | 0.93% |
| Buckner | N/A | N/A | N/A | N/A | N/A |
| Hope | N/A | N/A | N/A | N/A | N/A |
| Lewisville | N/A | N/A | N/A | N/A | N/A |
| Stamps | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Lafayette County, Arkansas
When examining property taxes in Lafayette 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 Lafayette 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 Lafayette County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
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 Lafayette County.
For example, the median tax bill in Lafayette County is $196, which is far below the national median property tax bill of $2400. Tax bills range significantly across the county, with the 25th percentile at $61 and the 75th percentile at $506. Bradley has the highest median tax bill at $258, while Taylor has the highest median home price at $49,350.
Property Tax Assessment Values Across Lafayette County, Arkansas
Source: Ownwell
$43,600
$46,475
$49,350
Median Lafayette County Market Value
$41,100
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lafayette County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bradley | $5,000 | $14,900 | $43,600 | $89,300 | $186,120 |
| Taylor | $4,200 | $13,000 | $49,350 | $106,575 | $182,560 |
| Buckner | N/A | N/A | N/A | N/A | N/A |
| Hope | N/A | N/A | N/A | N/A | N/A |
| Lewisville | N/A | N/A | N/A | N/A | N/A |
| Stamps | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Lafayette County, Arkansas
Property tax bills in Lafayette County, Arkansas are based on the assessed value of a home, which is tied to its market value and the local tax rate. When a property’s assessed value rises, the tax bill can increase as well, even if the homeowner has not made any changes to the house. For a county with a median home price of $41,100, property taxes are often a meaningful part of annual housing costs.
The typical tax bill varies across the county. The 25th percentile tax bill is $61, while the 75th percentile is $506 and the 90th percentile reaches $1,011. That spread shows how much property taxes can differ depending on a home’s value and location. Median tax bills also vary by city, from $241 in Taylor to $258 in Bradley. For homeowners, understanding how assessed value affects the bill is important because it can influence monthly budgeting, long-term affordability, and whether a tax bill seems higher than expected.
Median Lafayette County Tax Bill
$196
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Lafayette County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bradley | $28 | $79 | $258 | $630 | $1,246 |
| Taylor | $27 | $71 | $241 | $631 | $1,285 |
| Buckner | N/A | N/A | N/A | N/A | N/A |
| Hope | N/A | N/A | N/A | N/A | N/A |
| Lewisville | N/A | N/A | N/A | N/A | N/A |
| Stamps | 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 | |
|---|---|
| Lafayette Tax Assessor | |
| Website | www.arcountydata.com |