Fayetteville, Washington County, Arkansas Property Taxes
Property Taxes in Fayetteville, Arkansas
Median Fayetteville, Arkansas effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Fayetteville, Arkansas home value: $314,575
Median annual Fayetteville, Arkansas tax bill: $2,224, $176 lower than the national median property tax bill of $2,400.
How are property taxes in Washington County calculated?
Property taxes in Fayetteville, 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 Fayetteville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fayetteville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Fayetteville, Washington County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$2,202
$2,043
How Does the Fayetteville Property Tax Calculator Work?
Use this Fayetteville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fayetteville's median effective tax rate of 0.70% — based on actual property records in Washington 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 Fayetteville'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 Fayetteville: rates range from $1,532.00 in 72730 to $3,022.00 in 72764, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Fayetteville.
About Fayetteville Property Taxes
About Property Taxes in Fayetteville, Washington, Arkansas
Fayetteville’s median effective property tax rate of 0.70% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Washington 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 Fayetteville. Homeowners in the 72704 ZIP code carry a median effective rate of 0.73%, while those in 72730 pay 0.49%. This spread — 0.24 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Washington County. Understanding which part of Fayetteville you live in can make a meaningful difference to your annual tax bill.
Fayetteville 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 Fayetteville, Washington 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 Fayetteville'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 ÷ 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 Fayetteville Tax Rate
0.70%
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 Washington County Tax Rate
0.63%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fayetteville, Washington County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72701 | 0.32% | 0.49% | 0.67% | 0.87% | 1.11% |
| 72703 | 0.39% | 0.53% | 0.71% | 0.88% | 1.05% |
| 72704 | 0.40% | 0.55% | 0.73% | 0.92% | 1.12% |
| 72730 | 0.30% | 0.36% | 0.49% | 0.65% | 0.75% |
| 72764 | 0.44% | 0.48% | 0.56% | 0.67% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Fayetteville, Washington County, Arkansas
When examining property taxes in Fayetteville, 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 Washington 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 Washington 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. For example, the median home price in Fayetteville is $314,575, with tax bills ranging significantly across the county. ZIP code 72764 has the highest median home price at $546,900.
Property Tax Assessment Values Across Fayetteville, Washington County, Arkansas
Source: Ownwell
$93,250
$320,075
$546,900
Median Fayetteville Market Value
$314,575
Median Washington County Market Value
$277,000
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fayetteville, Washington County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72701 | $150,580 | $220,400 | $317,925 | $473,900 | $670,315 |
| 72703 | $170,550 | $234,050 | $321,650 | $505,350 | $735,015 |
| 72704 | $183,300 | $231,312 | $304,750 | $389,938 | $521,590 |
| 72730 | $162,390 | $244,800 | $325,400 | $461,025 | $583,720 |
| 72764 | $413,250 | $463,925 | $546,900 | $597,800 | $646,950 |
Source: Ownwell
Property Tax Bills Across Fayetteville, Washington County, Arkansas
Property tax bills in Fayetteville are based on the assessed value of a home, which is tied to its market value and the local tax rate. Local taxing authorities use that assessed value to calculate what a homeowner owes each year, so a higher-valued home generally leads to a larger bill. In Fayetteville, the median home price is $314,575, and property tax bills vary widely across the city.
For many homeowners, the bill falls between $1,431 and $3,352, while the 90th percentile reaches $4,982. That means some households pay much less than the city’s higher-end bills, while others face a noticeably larger annual expense. The highest median tax bill is $3,022 in ZIP code 72764, compared with $1,532 in ZIP code 72730. These differences show how location and home value can affect what homeowners pay, making property taxes an important part of the cost of owning a home in Fayetteville.
Median Fayetteville Tax Bill
$2,224
Median Washington County Tax Bill
$1,763
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Fayetteville, Washington County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72701 | $639 | $1,251 | $2,173 | $3,468 | $5,122 |
| 72703 | $954 | $1,481 | $2,223 | $3,619 | $5,590 |
| 72704 | $906 | $1,557 | $2,239 | $3,096 | $4,316 |
| 72730 | $668 | $993 | $1,532 | $2,097 | $2,504 |
| 72764 | $2,043 | $2,516 | $3,022 | $3,695 | $5,037 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Washington Tax Assessor | |
| Website | www.actdatascout.com |