Rate Breakdown

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

How Property Tax Works in Pike County

In Pike County, Arkansas, property taxes are levied on the assessed value of real and personal property. The County Assessor’s Office conducts the assessment annually, typically using the market value approach, which reflects what a willing buyer would pay for the property on the open market as of January 1 of the tax year. Once the assessment is complete, the value is multiplied by the combined millage rate—expressed in mills, where one mill equals one‑tenth of one percent (0.001).

The millage rate is a composite of rates set by the Pike County government, the Pike County School District, and any special districts (e.g., fire, road, or community improvement districts). For example, if the total millage rate is 38 mills (0.038) and your home is assessed at $120,000, your annual tax bill would be $4,560 (120,000 × 0.038). The county posts the current millage rates on its website each January, and any changes are reflected in the next tax cycle.

Available Exemptions

Arkansas offers several property‑tax exemptions that can reduce the taxable portion of your assessment. Eligibility varies by residency, age, income, and service status.

• Homestead Exemption: Provides up to $3,000 of exemption on the assessed value for owners who occupy the property as their primary residence.
• Senior Citizen Exemption: Residents age 65 or older may receive an additional $5,000 exemption, provided their household income does not exceed the state‑defined limit.
• Disability Exemption: Qualified individuals with a documented disability can claim a $5,000 exemption, with the same income guidelines applied.
• Veteran Exemption: Honorably discharged veterans, and in some cases their surviving spouses, are eligible for a $5,000 exemption. Additional benefits may apply for disabled veterans.

All exemptions must be applied for in writing to the Pike County Assessor’s Office, typically by March 15 of the tax year. Supporting documentation—such as proof of age, income statements, disability certification, or military discharge papers—is required.

Payment Schedule & Deadlines

Property taxes in Pike County are due in two installments, though the county also offers an early‑bird option for those who wish to pay the full amount at once.

• First Installment: Due September 15. This covers half of the total tax bill.
• Second Installment: Due December 15. The remaining balance is due on this date.
• Early‑Bird Discount: If the full amount is paid by August 31, a 5 % discount is applied to the total tax due.
• Late Payments: Any amount unpaid after December 15 incurs a 10 % delinquency penalty, plus interest accruing at 1 % per month until the balance is settled.
• Payment Methods: Payments may be made online through the county’s tax portal, by mailed check, or in person at the Pike County Treasurer’s office.

Appealing Your Assessment

If you believe your property has been over‑assessed, you have the right to appeal the valuation. The appeals process is administered by the Arkansas Board of Assessment Appeals and follows a strict timeline.

• File a Notice of Appeal: Submit the form to the Pike County Assessor’s Office no later than June 30 of the tax year in question.
• Gather Evidence: Compile comparable sales, recent appraisals, or error documentation to support your claim.
• Schedule a Hearing: The Board will set a hearing date, typically within 30 days of receiving your appeal.
• Present Your Case: Attend the hearing, present evidence, and answer any questions from the Board members.
• Decision: The Board issues a written decision within 15 days of the hearing. If the decision is unfavorable, you may further appeal to the Arkansas Court of Appeals.

Act promptly—missed deadlines can forfeit your right to contest the assessment for that tax year.