Banks, AR — income, home value, property tax, and sales tax.
With a median household income of $43,419 and per-capita income of $28,335, ZIP code 71671, centered on Banks, sits in working-class to lower-middle-income territory. Homes here carry a median value of $101,200, and the county-level property tax rate of 0.57% applies to that base. Shoppers instead feel the pinch at the register, where the combined sales tax reaches 9.50% — one of the heavier rates a household at this income level will encounter. Property taxes stay low against the home's value; everyday purchases carry more of the weight.
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