Arkansas Releases 2026 Property Tax Millage Rates
Arkansas homeowners can use the state's latest millage report to calculate their estimated tax bill for the upcoming year.
Updated on Oct. 26, 2026 in Taxes
Live Poll
Do you feel your local property taxes are becoming less affordable for your household?
The Arkansas Department of Finance and Administration has published its 2025 millage report, which outlines the tax rates that will be used for property tax collections in 2026. This statewide data serves as the baseline for property owners to understand their upcoming local tax obligations.
Why it matters
Understanding millage rates is essential for homeowners, as these figures determine the annual property tax bill calculated against their home's assessed value. Because these rates fund essential local services like schools and infrastructure, these updates directly impact future household budgeting.
The statewide average millage for 2026 is 48.77 mills, representing the aggregate of school district, city, and county levies. This average is composed of 38.50 mills for school districts, 4.16 mills for cities, and 7.91 mills for counties.
The players
Arkansas Department of Finance and Administration
The state agency responsible for managing tax policy, collecting state revenue, and issuing official reports on tax rates.
The details
Millage rates represent the tax rate applied to the assessed value of property, where one mill equals $1 of tax for every $1,000 of assessed value. The Arkansas Department of Finance and Administration publishes these rates to account for various jurisdictional levies, including school maintenance, operations, bond millages, city levies, and county levies. Local taxpayers can use these figures to estimate their total liability when combined with their property's specific assessed value.
Timeline
The millage report was published in 2025.
The reported rates apply to property tax collections in 2026.
Money Landscape
This release is a standard component of the annual fiscal cycle governing the Arkansas property tax collection framework. It provides the necessary benchmarks for local governments to finalize tax assessments for the coming year.
Homeowners should review the specific millage rates assigned to their school district, city, and county to estimate their 2026 tax obligation. If you have questions about how these rates apply to your assessed home value, contact a qualified tax professional.
The takeaway
The latest millage report provides the necessary data to begin calculating property tax expectations for 2026. Review your latest property assessment statement alongside these new average rates to forecast your upcoming household tax bill.
Further reading
Learn more about local assessment cycles in our guide to Taxes.
Source note: This article includes information reported by Bloombergtax.
Live Poll
Do you feel your local property taxes are becoming less affordable for your household?
