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Updated 2025 Tax Year

Drew County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
2.250% base rate (varies by special taxing districts)
Exemptions
4+ Available
Section 1

How Property Tax Works

Drew County, Arkansas operates under the state's property tax system to fund essential local services including schools, county government operations, road maintenance, and emergency services. Property taxes in Drew County are assessed annually based on the assessed value of real estate and personal property, with the current tax rate of 2.250% effective from July 1, 2020. This rate represents the total millage levy for the county's base operations and services.

Property tax rates in Drew County can vary by location within the county due to special taxing districts such as school districts, fire districts, library districts, and other municipal service areas. Property owners should verify their specific tax rate based on their exact location, as residents in different areas may pay different total rates depending on which special districts serve their property. The county assessor determines assessed values, while the county collector handles tax collection and payments.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
Drew County Base Levy2.250%County general operations, roads, and services (effective 07/01/20)
School District LevyVariesLocal school district operations (rate varies by district)
Municipal LevyVariesCity services (applies only to incorporated areas)
Special DistrictsVariesFire protection, library, drainage, or other special service districts

Note: The 2.250% rate shown is the base county rate for FY 2020 and subsequent years. Total effective tax rates vary significantly by location within Drew County based on school district boundaries and special taxing districts. Property owners should contact the Drew County Assessor's office to determine their specific total tax rate based on their property's location and applicable districts.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Drew 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 taxes in Drew County are additional property tax assessments that occur when there are changes in property ownership, new construction, or improvements made to existing properties during the tax year. These supplemental assessments ensure that property taxes reflect current ownership and property values rather than waiting until the next regular assessment cycle.

Common triggers for supplemental taxes include the purchase or sale of property, completion of new construction projects, major home improvements or additions, changes in property use classification, or corrections to previous assessments. The supplemental tax is calculated based on the difference between the old assessed value and the new assessed value, prorated for the portion of the tax year remaining after the change occurred. For example, if a property improvement worth $50,000 is completed in January, the supplemental tax would apply the current tax rate to the increased assessed value for the remaining months of that tax year.

Example Calculation

Example 1: $300,000 Property Value

  • Market Value: $300,000
  • Assessed Value (20% of market): $60,000
  • Less: Homestead Credit (if applicable): -$500 credit applied to tax bill
  • Net Taxable Value: $60,000
  • Annual Tax (2.250% base rate): $1,350
  • Less: Homestead Credit: -$500
  • Net Annual Tax: $850
  • Monthly Escrow: $71

Example 2: $600,000 Property Value

  • Market Value: $600,000
  • Assessed Value (20% of market): $120,000
  • Less: Homestead Credit (if applicable): -$500 credit applied to tax bill
  • Net Taxable Value: $120,000
  • Annual Tax (2.250% base rate): $2,700
  • Less: Homestead Credit: -$500
  • Net Annual Tax: $2,200
  • Monthly Escrow: $183

Example 3: $1,000,000 Property Value

  • Market Value: $1,000,000
  • Assessed Value (20% of market): $200,000
  • Less: Homestead Credit (if applicable): -$500 credit applied to tax bill
  • Net Taxable Value: $200,000
  • Annual Tax (2.250% base rate): $4,500
  • Less: Homestead Credit: -$500
  • Net Annual Tax: $4,000
  • Monthly Escrow: $333

Note: These calculations use the base county rate only. Actual taxes will be higher due to school district and special district levies. All credits require application and approval.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Drew County require borrowers to establish an escrow account to ensure property tax payments are made on time. The lender collects a portion of the estimated annual property tax bill with each monthly mortgage payment, typically one-twelfth of the annual tax amount. These funds are held in a separate escrow account and used to pay property taxes when they become due in October.

Lenders typically pay Drew County property taxes directly to the county collector before the October 15 due date to avoid penalties and interest charges. Property owners should receive an annual escrow analysis from their lender showing the previous year's tax payments and any adjustments needed for the coming year. If property taxes increase due to reassessment or rate changes, monthly escrow payments may be adjusted accordingly. Property owners can verify that taxes have been paid by checking with the Drew County Collector's office or accessing online payment records if available.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are Drew County property taxes due? A: Property taxes for 2023 are due October 15, 2023. For 2024 and subsequent years, contact the Drew County Courthouse to confirm specific deadlines, as due dates may vary.

Q: What homestead tax credit is available in Drew County? A: Arkansas homeowners may qualify for a homestead property tax credit of up to $500 per year. This credit reduces your tax bill (not your assessed value) and requires application. Beginning with 2026 tax bills, this credit amount may change.

Q: Do I need to apply for the homestead credit? A: Yes, the homestead credit requires application and is not automatically applied. Contact the Drew County Assessor's office for application forms and deadlines.

Q: How often are properties reassessed in Drew County? A: Contact the Drew County Assessor's office for the current reassessment schedule. Arkansas law requires periodic reassessment to maintain current market values.

Q: Can I appeal my property assessment? A: Yes, property owners have the right to appeal their assessments. Contact the Drew County Assessor's office for appeal procedures and deadlines, which typically must be filed within a specific timeframe after assessment notices are mailed.

Q: What are the penalties for late property tax payments? A: Late payments are subject to penalties and interest charges. Contact the Drew County Collector's office for current penalty rates and payment options.

Q: Can I pay my property taxes online? A: Property owners can pay their taxes online, in person at the county courthouse, or by mail. Check with the Drew County Collector's office for online payment options and accepted payment methods.

Q: Why might my tax rate differ from the 2.250% county rate? A: The 2.250% is only the base county rate. Your total rate includes school district levies, municipal taxes (if in city limits), and special district assessments, which vary by location within Drew County.

Q: What special districts might affect my property taxes? A: Special districts can include school districts, fire protection districts, library districts, drainage districts, or other municipal service areas. Your total tax rate depends on which districts serve your specific property location.

Q: Are there other tax credits available besides the homestead credit? A: Arkansas may offer additional credits for veterans, seniors, or disabled persons. Contact the Drew County Assessor's office to inquire about all available credits and their application requirements.

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