Property Tax in Lafayette County
via TaxByCounty
Lafayette's taxes rank among nation's lowest
Lafayette County's 0.566% effective property tax rate places it in the bottom 20% of U.S. counties, well below the national median of 0.72%. Residents enjoy some of the country's lowest property tax burdens.
Lafayette slightly above Arkansas average
At 0.566%, Lafayette's rate edges above Arkansas's state average of 0.532%, positioning it in the middle tier of the state's 75 counties. The difference is minimal, just 0.034 percentage points above the state norm.
Lafayette rate competitive across region
Lafayette's 0.566% matches Jackson and Johnson counties' rates while exceeding Lawrence's 0.488%, showing regional consistency. Across southwest Arkansas, property tax rates cluster narrowly between 0.49% and 0.63%.
Median home tax bill: $422 annually
With a median home value of $74,600, Lafayette homeowners pay $422 per year in property taxes, among the lowest statewide. Including mortgage adjustments, the annual cost rises to approximately $574.
Check your assessment and appeal if needed
Many Arkansas homeowners discover their properties are assessed above market value when they finally review their records. The county assessor's office will evaluate your challenge at no cost and can substantially reduce your tax bill.