Rate Breakdown

Property taxes in Clark County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Clark County

In Clark County, Arkansas, property tax is calculated by first determining the taxable value of each parcel and then applying the appropriate millage rates set by local taxing entities. The county assessor conducts an annual assessment, usually in the spring, to estimate the market value of land and any improvements (such as a house, garage, or commercial structures). This market value is then multiplied by the assessment ratio—generally 20 % for residential properties and 25 % for commercial properties—to arrive at the taxable value.

Millage rates are expressed in mills (one‑thousandth of a dollar). For example, a combined rate of 42.5 mills means a property owner pays $42.50 for every $1,000 of taxable value. In Clark County, the millage rates are comprised of contributions from the county government, the school district, city or town governments, and any special districts (e.g., fire, water). Rates can vary year‑to‑year based on budgetary needs, so the total amount due may fluctuate even if your property’s assessed value remains stable.

Available Exemptions

Arkansas offers several exemptions that can reduce the taxable value of your property. In Clark County you may qualify for one or more of the following:

• Homestead Exemption: Up to $5,000 off the taxable value for owner‑occupied residential properties.
• Senior Citizen Exemption: Residents age 65 or older may receive an additional $5,000 exemption if the household income does not exceed the state‑defined limit.
• Disability Exemption: Individuals with qualifying disabilities can claim a $5,000 exemption, provided they meet residency and income criteria.
• Veteran Exemption: Honorably discharged veterans, and in some cases their surviving spouses, are eligible for a $5,000 exemption. Disabled veterans may receive further reductions based on the degree of disability.

To claim an exemption, you must submit the appropriate application to the Clark County Assessor’s Office by the deadline (typically May 1). Supporting documentation, such as proof of age, disability status, or veteran discharge papers, is required.

Payment Schedule & Deadlines

Property taxes in Clark County are payable in two installments:

• First installment: Due on October 1. The amount is 50 % of the total tax bill.
• Second installment: Due on March 1 of the following year. The remaining 50 % is due then.

If you fail to pay either installment by the due date, a 10 % penalty is added to the overdue amount, and interest accrues at a rate of 1 % per month. The county also offers a discounted “early‑payment” option—paying the full bill before October 1 reduces the total tax liability by 2 %.

Payments can be made online through the Clark County Tax Collector’s portal, by mail using the provided voucher, or in person at the Tax Collector’s office. Setting up an automatic bank draft ensures you never miss a deadline.

Appealing Your Assessment

If you believe your property has been over‑assessed, you have the right to appeal the valuation. Follow these steps:

• File a Notice of Protest: Submit the form to the Clark County Assessor’s Office within 30 days of receiving your assessment notice.
• Gather Evidence: Compile recent sales data for comparable properties, an independent appraisal, or photographs that demonstrate condition or improvements.
• Attend a Hearing: The Assessor’s Review Board will schedule a hearing, usually within 60 days of your protest. Present your evidence and answer any questions.
• Receive a Decision: The board issues a written decision. If unsatisfied, you may appeal further to the Arkansas Board of Assessment Review.

Remember to keep copies of all correspondence and submit any required fees promptly. Timely, well‑documented appeals can result in a reduced taxable value, lowering your overall tax burden.