County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Hempstead County, Arkansas

Hempstead County has an effective property tax rate of 0.57%. On the median home value of $105,700, that's roughly $601 per year. Median household income is $46,787.

Effective Property Tax Rate1
0.57%
median tax $601 ÷ median home $105,700
Median Home Value1
$105,700
owner-occupied
Median Household Income1
$46,787
per-capita $28,673
Est. Annual Tax on Median Home1
$601
at 0.57% effective rate

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.

MetricHempstead CountyArkansas (state context)
Effective property tax rate10.57%0.51%
Median home value1$105,700
State income tax3top rate 3.90%top rate 3.90%
State sales tax39.48% combined9.48% 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 Hempstead County, AR

Someone shopping for a home in Hempstead County, Arkansas will find prices well below the national picture, with the median home value sitting at $105,700. That lower price point combines with an effective property tax rate of 0.569%, which is a bit higher than Arkansas's statewide median of 0.514% and ranks 14th among the state's 75 counties. Even so, the resulting annual tax bill comes to about $601, an amount that stays small largely because home values here are low. Hope, the county's largest city, anchors a housing market where income levels — a median household income of $46,787 and per-capita income of $28,673 — mean buyers tend to weigh affordability carefully. Nationally, the median effective rate is 0.794%, so Hempstead County homeowners pay a lower share of value than many Americans do, even though they pay somewhat more than the average Arkansan.

Frequently asked questions

What is the property tax rate in Hempstead County, AR?
The effective rate is 0.57% — meaning the median tax bill equals about 0.57% of the median home value.
How much are property taxes on a median home?
On the median home ($105,700), the estimated annual bill is about $601.
Is Hempstead County's rate high or low?
Compare it to the state median of 0.51% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Hempstead County assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Hempstead County assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.