Property Tax in Phillips County
via TaxByCounty
Phillips County has region's highest tax rate
Phillips County's effective tax rate of 0.656% is the highest among the eight counties studied and still remains well below the national median property tax burden. With a median home value of $76,200, residents pay $500 in median annual property tax—about one-fifth the national median of $2,690.
Above-average rate for Arkansas
Phillips County's 0.656% effective rate is 0.124 percentage points above Arkansas's 0.532% state average—the steepest in this eight-county sample. Despite the higher rate, the median property tax of $500 remains $205 below the state median of $705 due to lower home values.
Highest tax rate in the eight-county group
Phillips County's 0.656% rate exceeds all seven comparison counties, including Pike County (0.559%), Nevada County (0.539%), and Perry County (0.520%). This higher burden reflects Phillips County's distinct assessment practices compared to the Ouachita Mountain and southwestern Arkansas peers.
Median homeowner pays $500 yearly
Phillips County's median home valued at $76,200 combined with the 0.656% rate produces a median property tax of $500 annually. With a mortgage, residents pay roughly $970; without, about $375—reflecting the county's historically affordable but fully valued real estate.
Strong case for assessment review
Given Phillips County's higher-than-average effective rate, homeowners should carefully review their assessments against recent arm's-length sales. An appeal could generate meaningful savings, especially if your property was assessed before recent market downturns.