Cherry Valley, AR — income, home value, property tax, and sales tax.
In ZIP code 72373, near Cherry Valley, homes carry a median value of $46,300, and the county-level effective property tax rate of 0.51% works out to roughly $236 a year on such a home. With median household income at $26,700 and per-capita income of $21,492, that annual tax bill equals under one percent of what a household brings in. Ownership costs stay low here largely because valuations are low. A combined sales tax rate of 8.62% applies to purchases in the area.
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