Grapevine, AR — income, home value, property tax, and sales tax.
In ZIP code 72057, near Grapevine, homes carry a median value of $84,100, and the county-level effective property tax rate of 0.54% translates to roughly $454 a year in property taxes on such a home. With median household income at $59,335 and per-capita income at $41,371, that tax bill absorbs well under one percent of a household's annual earnings, an unusually light load tied to the low assessed values here. A combined sales tax rate of 7.75% applies to purchases. Low entry prices and a slim property tax both shape what ownership costs in this area.
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