Property Tax & Income in Grant County, Arkansas
Grant County has an effective property tax rate of 0.54%. On the median home value of $161,700, that's roughly $880 per year. Median household income is $71,549.
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 | Grant County | Arkansas (state context) |
|---|---|---|
| Effective property tax rate1 | 0.54% | 0.51% |
| Median home value1 | $161,700 | — |
| 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 Grant County, AR
In Grant County, Arkansas, the median home value sits at $161,700, and the annual property tax bill on that home comes to about $880. That works out to an effective rate of 0.544%, which edges past Arkansas's statewide median of 0.514% but stays well below the national figure of 0.794%. Among the state's 75 counties, Grant County ranks 25th by property tax rate. Households here earn a median of $71,549, with per-capita income at $36,762. Buyers looking around Grapevine, Poyen, or Prattsville will find that a home near the county's median price carries a tax bill under $1,000 a year — a figure that pairs comfortably with local incomes and keeps owning here within reach for many budgets.