Madison County, Arkansas Property Taxes

What Are Effective Property Tax Rates Across Madison County?

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

Madison County's median effective rate stands at 0.46%, which is lower than the national median of 1.02%. Within Madison County, the highest rate is found in Eureka Springs at 0.50%, while Eureka Springs has the lowest at 0.50%.

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 Madison County are based on the assessed value of a home and the local tax rate applied to that value. When a property’s market value changes, the assessed value can change too, which affects the final bill. For a county with a median home price of $136,150, homeowners may see very different tax bills depending on where their property falls within the local market and how it is assessed.

In Madison County, the 25th percentile tax bill is $172, while the 75th percentile tax bill is $1,028 and the 90th percentile tax bill is $1,758. That spread shows how much property taxes can vary from one homeowner to another. The highest and lowest median tax bill is $876 in Eureka Springs, which highlights how location and property characteristics can influence what a homeowner owes. For many homeowners, these differences can have a meaningful impact on monthly budgeting and long-term housing costs.