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Grant County
Property Tax Guide

Everything you need to know about property taxes in Grant 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
1.250% base rate plus additional levies from school districts and special assessment districts - varies by location
1st Due
Oct 15
2nd Due
Apr 15
Exemptions
4+ Available
Section 1

How Property Tax Works

Grant County, Arkansas operates under a property tax system that funds essential local services including schools, roads, law enforcement, and county operations. Property taxes are calculated based on assessed values and applied tax rates that vary depending on your specific location within the county due to different special taxing districts.

The current property tax rate for Grant County is 1.250% as of April 1, 2019, though this represents a base rate that may be supplemented by additional levies from school districts, municipal bonds, and other special assessment districts. Your actual effective tax rate will depend on which taxing jurisdictions your property falls within, making it important to verify the specific rate applicable to your address with local tax authorities.

Property owners should note that Arkansas assesses property at a percentage of market value, and various tax credits are available to qualifying homeowners, though these require separate applications and are not automatically applied to your tax bill.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
Base County Rate1.250%Core county operations and services (effective 04/01/19)
School District LevyVariesAdditional rate depending on local school district
Municipal BondsVariesDebt service for infrastructure improvements
Special DistrictsVariesFire districts, drainage, parks & recreation
Total Effective RateVaries by LocationCombination of applicable rates for your address

Note: These rates apply to the current levy year and may vary significantly based on your property's location within Grant County. The Grant County Park & Recreation district, for example, represents one of several potential additional assessments that may apply to your property. Contact the Grant County Assessor's office to determine the exact rate for your specific address.

Section 3

When Are Property Taxes Due?

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

First Installment
Oct 15
Delinquent after Dec 10
Second Installment
Apr 15
Delinquent after Apr 10
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 Grant County are triggered by changes in property ownership, new construction, or improvements that increase a property's assessed value during the tax year. These additional assessments are calculated based on the difference between the old and new assessed values, prorated for the remaining months in the tax year.

For example, if you complete a $50,000 home addition in July and your property is reassessed, you would owe supplemental taxes on the increased assessment from July through the end of the tax year. The supplemental tax would be calculated as: (New Assessed Value - Old Assessed Value) × Applicable Tax Rate × Remaining Months ÷ 12 months.

Supplemental tax bills are issued separately from your annual property tax bill and have their own due dates, typically 30 days from the issue date.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value: $60,000 (20% assessment ratio)
  • Homestead Credit Applied: -$500 (if qualified and applied for)
  • Net Taxable Value: $59,500
  • Annual Tax (1.250%): $743.75
  • Monthly Escrow: $61.98

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value: $120,000 (20% assessment ratio)
  • Homestead Credit Applied: -$500 (if qualified and applied for)
  • Net Taxable Value: $119,500
  • Annual Tax (1.250%): $1,493.75
  • Monthly Escrow: $124.48

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value: $200,000 (20% assessment ratio)
  • Homestead Credit Applied: -$500 (if qualified and applied for)
  • Net Taxable Value: $199,500
  • Annual Tax (1.250%): $2,493.75
  • Monthly Escrow: $207.81

Note: These examples use the base county rate only. Actual taxes may be higher due to additional special district assessments. The homestead credit requires a separate application with the county assessor and is not automatically applied.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Grant County require borrowers to maintain an escrow account for property tax payments. Your lender collects monthly deposits equal to your estimated annual property tax divided by 12, plus a cushion typically equal to 2-3 months of payments as required by federal law.

Property taxes are paid annually by October 15th, and your lender will make this payment on your behalf from your escrow account. Lenders typically receive tax bills directly from the county and are responsible for ensuring timely payment. You should receive an annual escrow statement showing deposits, payments, and account balance.

If your property taxes increase due to reassessment or rate changes, your lender may require higher monthly escrow payments or a one-time shortage payment. You have the right to request documentation of tax amounts and can verify payments through the Grant County Collector's office.

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 Grant County property taxes due for the current fiscal year? A: Property taxes are due by October 15th each year. If October 15th falls on a weekend, the due date extends to the next business day.

Q: What tax credits are available and how do I apply? A: The primary credit available is the Arkansas Homestead Tax Credit of up to $500 annually. This credit requires a separate application with the Grant County Assessor's office and is not automatically applied to your bill.

Q: How does the homestead credit work? A: The homestead credit provides up to $500 in tax relief annually and also caps assessment increases on your primary residence. You must file an application with the county assessor's office to receive this benefit.

Q: When are properties reassessed in Grant County? A: Arkansas law requires properties to be reassessed periodically. Contact the Grant County Assessor's office for current assessment schedules and appeal procedures if you disagree with your assessed value.

Q: What happens if I pay my property taxes late? A: Late payments are subject to penalties and interest charges. Properties with delinquent taxes may eventually be subject to tax sale proceedings.

Q: Can I pay my property taxes online? A: Yes, Grant County offers online payment options for property taxes. Contact the County Collector's office for current online payment procedures and any associated fees.

Q: How do special district taxes work? A: Additional taxes may apply based on your property location, such as school district levies, municipal bonds, or special districts like Grant County Park & Recreation. These are added to the base county rate.

Q: What if I disagree with my property assessment? A: You have the right to appeal your assessment. Contact the Grant County Assessor's office for appeal procedures and deadlines, which are typically limited to specific time periods after assessment notices are issued.

Q: Are senior citizens eligible for additional tax relief? A: Contact the Grant County Assessor's office to inquire about any additional credits or relief programs that may be available for senior citizens, disabled persons, or veterans.

Q: How can I verify what tax rate applies to my specific property? A: Since rates vary by special taxing districts within Grant County, contact the County Assessor's office with your specific address to determine all applicable tax rates and assessments.

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
County
020177000 - IIS Windows Server - Grant Countylfweb.grantcountywa.gov
03
Tax Doc
Tax-Rates.org — The 2024-2025 Tax Resourcemylrc.sdlegislature.gov
04
Tax Doc
Property Tax Centerportal.arkansas.gov
05
Arkansas Assessment Coordination Divisiondfa.arkansas.gov
06
State
Residential Real Estate – Arkansas Department of Finance ...dfa.arkansas.gov
07
Tax Doc
Property Tax Relief – Arkansas Department of Finance and ...dfa.arkansas.gov
08
Tax Doc
Property Tax Relief Trust Fund Summary of Proposal for ...arkleg.state.ar.us
09
Tax Doc
Property Tax Statistics Supplemental FY 2012-13oregon.gov
10
County
Grant Countyartransparency.gov
All sources verified as of 2025 Tax Year

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