Property Tax in Nevada County
via TaxByCounty
Nevada County taxes far below U.S. average
Nevada County's effective tax rate of 0.539% results in a median property tax of $462, roughly one-sixth of the national median of $2,690. Even with lower home values ($85,700 median), Nevada County homeowners enjoy one of the country's lowest tax burdens.
Slightly above Arkansas average rate
Nevada County's 0.539% effective rate edges just above Arkansas's 0.532% statewide average, yet its median tax of $462 runs $243 below the state's $705 median due to lower property values. This makes Nevada County competitive on absolute tax dollars paid, despite a marginally higher rate.
Mid-range taxes in south Arkansas
Nevada County's 0.539% rate sits between Ouachita County (0.502%) to the north and Phillips County (0.656%) to the east. Among small, rural southern Arkansas counties, Nevada offers moderate tax exposure.
Lowest median tax among all eight counties
Nevada County's median home value of $85,700 paired with its 0.539% rate yields just $462 in annual property tax—the lowest median in this eight-county group. Residents without a mortgage pay around $484; those with one pay $396, reflecting the county's affordable housing stock.
Homeowners should verify assessments
Despite Nevada County's low overall tax rates, individual overassessments remain possible and worth challenging. A property tax appeal could free up hundreds in annual savings if your assessed value doesn't match current market conditions.