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Updated 2025 Tax Year

Boone County
Property Tax Guide

Everything you need to know about property taxes in Boone County, AR. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
1.25% base rate (varies by district based on school zones and special districts)
Exemptions
4+ Available
Section 1

How Property Tax Works

Boone County, Arkansas operates under a property tax system that funds essential local services including schools, county government operations, road maintenance, and emergency services. The county follows Arkansas state guidelines with an assessment ratio of approximately 20% of market value for residential properties. Property taxes are the primary funding source for local government services and school districts throughout the county.

The effective property tax rate in Boone County varies by location within the county due to different combinations of special taxing districts, school districts, and municipal boundaries. While the base county rate is 1.250% for 2025, your actual tax rate may be higher or lower depending on your specific address and the special districts that serve your property. These additional assessments can include school bonds, fire districts, library districts, and other special service areas.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
Base County Levy1.250%Core county services, roads, administration
School District LevyVariesLocal school district operations and bonds
Municipal LevyVariesCity services (if within city limits)
Special DistrictsVariesFire, library, drainage, other special services
Total Effective RateVaries by LocationCombination of applicable rates

Rates shown are for Levy Year 2025. Your actual tax rate depends on your property's specific location and which special taxing districts serve your address. Contact the Boone County Assessor's Office at (870) 741-8426 for your exact rate calculation.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Boone County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental property taxes in Boone County are triggered by changes in property ownership, new construction, or significant improvements that occur during the tax year. When these events happen, the county assessor calculates additional taxes based on the increased assessed value for the portion of the year the change was in effect.

For example, if you complete a $50,000 home addition in June, you would receive a supplemental tax bill for the increased assessed value (approximately $10,000 at 20% assessment ratio) multiplied by your property's tax rate, prorated for the remaining months of the tax year. This supplemental bill would be separate from your regular annual property tax bill and typically due within 30 days of issuance.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value (20%): $60,000
  • Less: Homestead Credit (if applicable): -$6,000
  • Net Taxable Value: $54,000
  • Annual Tax (at 1.250%): $675
  • Monthly Escrow: $56.25

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value (20%): $120,000
  • Less: Homestead Credit (if applicable): -$6,000
  • Net Taxable Value: $114,000
  • Annual Tax (at 1.250%): $1,425
  • Monthly Escrow: $118.75

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value (20%): $200,000
  • Less: Homestead Credit (if applicable): -$6,000
  • Net Taxable Value: $194,000
  • Annual Tax (at 1.250%): $2,425
  • Monthly Escrow: $202.08

Note: Homestead credit requires application with the Boone County Assessment Office and is not automatic. Actual rates may vary based on special districts serving your property.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Boone County require property tax escrow accounts to ensure timely payment of property taxes. Your lender collects monthly payments equal to 1/12 of your estimated annual property tax bill, holds these funds in escrow, and pays your taxes directly to the county when due on October 15th each year.

Lenders typically conduct annual escrow analyses to adjust your monthly payments based on actual tax bills and any changes in assessed value. If your property taxes increase due to reassessment or new special district levies, expect your monthly escrow payment to adjust accordingly. You can verify that your lender has paid your taxes by checking with the Boone County Collector's office or viewing payment records online through the county's tax portal.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
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Section 6

Frequently Asked Questions

Q: When are property taxes due in Boone County? A: Property taxes for 2026 are due October 15, 2026. Payments can be made online, in person at the county courthouse, or by mail.

Q: What homestead tax credit is available and how do I apply? A: Boone County offers a General Homestead Tax Credit of $6,000 off assessed value for qualifying primary residences. This credit requires an initial application to be filed with the Boone County Assessment Office and is not automatically applied.

Q: Is there a homestead credit that caps assessment increases? A: Beginning with 2026 tax bills, Arkansas homeowners may receive a homestead property tax credit of up to $500 per year. Contact the Assessment Office for application requirements and deadlines.

Q: When is the deadline to appeal my property assessment? A: The deadline to file appeals to the Boone County Board of Equalization is July 13, 2026 for the current tax year.

Q: What are the penalties for late property tax payments? A: Late payments are subject to penalties and interest. Contact the Boone County Collector's office at (870) 741-8430 for specific penalty rates and payment options.

Q: Can I pay my property taxes online? A: Yes, Boone County offers online property tax payments. Property owners can pay online, in person at the county courthouse, or by mail.

Q: How do special districts affect my tax rate? A: Your property may be served by multiple special taxing districts (fire, library, school bonds, etc.) that each add to your total tax rate. The specific combination depends on your property's location within the county.

Q: When are properties reassessed in Boone County? A: Arkansas law requires property reassessment cycles. Contact the Boone County Assessor's Office at (870) 741-8426 for information about reassessment schedules and the appeal process.

Q: Do I need to reapply for tax credits each year? A: Most tax credits require only an initial application, but it's important to notify the Assessment Office of any changes in occupancy or ownership that might affect your eligibility.

Q: How can I find the exact tax rate for my specific property? A: Tax rates vary by address due to different special district combinations. Contact the Boone County Assessor's Office with your specific address for your exact tax rate calculation.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
JANUARY - MARCH 2025dfa.arkansas.gov
02
Tax Doc
Tax Sale Informationboonecountytreasurer.us
03
Tax Doc
Property Tax Centerportal.arkansas.gov
04
Important Dates | Assessorboonemo.gov
05
Tax Doc
Reducing Your Tax Billboonecountytreasurer.us
06
Tax Doc
Property Tax Relief – Arkansas Department of Finance and ...dfa.arkansas.gov
07
State
State of Arkansas Tax Reform and Relief Legislative Task ...arkleg.state.ar.us
08
County
Boone County Commission Ordersboonemo.gov
09
PDF TIFF Wrapperapps.irs.gov
10
County
Boone County, Arkansasarklegaudit.gov
All sources verified as of 2025 Tax Year

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