Franklin County Property Tax
The Franklin County property tax rate is 0.54%, which is slightly higher than the state average.
Written by Bonnie Stinson
Reviewed by Melanie Reiff
Franklin County, Arkansas, taxpayers currently have a property tax rate of 0.54%, which means they can expect to pay about $441 a year on average.
Property taxes can be a little intimidating, even for those who’ve owned a home for a long time. Tax rates change frequently because of market values, and things like due dates and the way tax rates are calculated can vary widely by state.
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Property tax 101
In case you need to brush up on the basics of property taxes, here’s how they work:
- Local governments use property taxes to fund public services like libraries, education, and emergency services.
- Your property taxes are based on the value of real property—this is usually things like land, farm buildings, and homes.
- A county official—usually an assessor—will look at current market values and determine how much your real property is worth.
- Based on the market and local budget needs, your tax rates might fluctuate yearly.
In short, local governments use property tax funds to pay for services that most people in the community use and need.
What is the property tax rate in Franklin County?
The current tax rate in Franklin County is 0.54% of the assessed value of a property. This is just a little bit higher than the Arkansas state average of 0.52%. Based on the current tax rate, Franklin County residents are looking at an average property tax bill of $441a year.
You can find more information about property taxes and Franklin County on the
Official Website for the State of Arkansas
.How Franklin County property taxes are determined
Every year, a county appraiser will determine the fair market value of your property based on current market conditions. Under Arkansas state law, this appraisal has to be done by May 31.
Franklin County has multiple taxing districts—or entities that can levy taxes from the community. These are usually entities like city and local governments, schools, or emergency services. Each of these districts will determine its budget needs for the upcoming year and submit those budgets to the county tax assessor.
The county tax assessor will then look at the budgetary needs of all the taxing districts and set a tax rate for the year to cover those funding needs. This tax rate will determine how much you have to pay in property taxes.
What do Franklin County property taxes pay for?
Property tax revenue in Franklin County goes toward a lot of different public services, including:
- K-12 public schools
- Libraries
- Emergency services
- Infrastructure maintenance
- Operating costs of city and county governments
- Health department
- Sanitation services
Some tax exemptions in Arkansas apply to property taxes, especially for veterans. If you’re a veteran, you can visit the
Arkansas Department of Veterans Affairs
website to see if you qualify.How to pay property taxes in Franklin County
Property taxes are due by October 15 of the following year. It might be a little confusing at first, but the property tax bill you get for this year will be based on last year’s assessment.
You can pay your property taxes in Franklin County online, in person, or over the phone. Here’s how:
- Online: Pay online through theFranklin County Tax Collector. There may be a convenience fee applied for paying online.
- In person: Pay in person by visiting either the Ozark or Charleston Courthouse at: 211 W. Commercial Ozark 72949 or 607 E. Main St. Charleston 72933.
- Phone: call 1-866-257-2055 and follow the prompts for Franklin County. A small convenience fee may be charged for paying over the phone.
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When are property taxes due in Franklin County?
Property taxes are due on October 15 each year. If that date falls on a weekend or holiday, taxes are due the following business day.
How can I pay my Franklin County property taxes?
You can pay your property taxes in Franklin County online, in person, or over the phone.
Are property taxes high in Franklin County?
The current tax rate in Franklin County is 0.54%, which is just a little bit higher than the state average but significantly lower than the national average of 1.1%.
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