Property Tax & Income in Conway County, Arkansas
Conway County has an effective property tax rate of 0.56%. On the median home value of $154,100, that's roughly $862 per year. Median household income is $54,187.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Conway County | Arkansas (state context) |
|---|---|---|
| Effective property tax rate1 | 0.56% | 0.51% |
| Median home value1 | $154,100 | — |
| State income tax3 | top rate 3.90% | top rate 3.90% |
| State sales tax3 | 9.48% combined | 9.48% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Conway County, AR
In Conway County, Arkansas, the median home value sits at $154,100, and the annual property tax bill on that home comes to about $862. That works out to an effective rate of 0.559%, which lands above Arkansas's statewide median of 0.514% and ranks 22nd among the state's 75 counties. Even so, the national median rate of 0.794% is meaningfully higher, so buyers here still pay less than what many Americans owe on comparable property. Households earning the median income of $54,187 would devote a little over 1.5% of that to property taxes each year. Communities like Center Ridge, Cleveland, and Hattieville anchor the county, offering small-town settings where a home purchase stays within reach for buyers watching both sticker price and the yearly tax bill.