Property Tax & Income in Hot Spring County, Arkansas
Hot Spring County has an effective property tax rate of 0.48%. On the median home value of $151,100, that's roughly $724 per year. Median household income is $55,405.
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 | Hot Spring County | Arkansas (state context) |
|---|---|---|
| Effective property tax rate1 | 0.48% | 0.51% |
| Median home value1 | $151,100 | — |
| 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 Hot Spring County, AR
Property taxes in Hot Spring County, Arkansas run at an effective rate of 0.479%, landing below the statewide median of 0.514% and well under the national figure of 0.794%. That gap matters for homeowners in places like Glenwood and Donaldson, where the median home value of $151,100 translates into an annual tax bill of about $724. Among Arkansas's 75 counties, this one ranks 52nd by rate, placing it toward the lower-cost end within the state. With a median household income of $55,405 and per-capita income of $27,188, the county's property tax load stays comparatively contained against what many homeowners elsewhere pay. The rate signals a market where housing costs remain affordable by national standards, and where property taxes take a smaller bite out of household budgets than they would in most other parts of the country.