HonestCasa logoHonestCasa
Updated 2025 Tax Year

Greene County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
1.375% base rate, varies by taxing districts (school, fire, municipal improvement districts)
Exemptions
4+ Available
Section 1

How Property Tax Works

Greene County, Arkansas operates on a property tax system that funds essential local services including schools, emergency services, road maintenance, and county operations. The county's property tax rate for the 2025 levy year is 1.375%, though this represents a base rate that can vary significantly depending on your property's location within special taxing districts such as school districts, fire districts, and municipal improvement districts.

Property taxes in Greene County are assessed annually based on market value, with Arkansas using a relatively straightforward assessment process at approximately 20% of market value for residential properties. The actual tax rate you pay may differ from the county base rate due to additional levies from local taxing entities that serve your specific area. These variations mean that two similar properties in different parts of Greene County may have notably different tax obligations.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
Greene County Base Levy1.375%FY 2025-2026 county operations, services, and infrastructure
School District LeviesVariesAdditional millage rates vary by school district boundaries
Municipal LeviesVariesCity/town taxes where applicable within incorporated areas
Special Assessment DistrictsVariesFire districts, improvement districts, library districts as applicable
Debt ServiceVariesBond payments for approved capital projects by district

Note: The 1.375% rate is the base Greene County rate effective July 1, 2020, for the current levy period. Your actual total rate will include additional levies from school districts and other special taxing entities serving your property location. Contact the Greene County Assessor's office for your specific address rate, as rates can vary significantly between different areas of the county.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Greene 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 Greene County are additional property tax assessments that occur when there are mid-year changes to property ownership, value, or classification. The most common triggers include new construction completion, substantial improvements that increase property value, or ownership transfers that may affect exemption eligibility.

When supplemental taxes are levied, they are calculated on a pro-rated basis from the date the change became effective through the end of the current tax year. For example, if new construction is completed and assessed in January, the supplemental tax would cover the remaining months of that fiscal year at the applicable tax rate. These taxes are billed separately from regular annual property taxes and have their own payment due dates, typically within 30 days of the supplemental assessment notice.

Example Calculation

Example 1: $300,000 Property Value

  • Assessed Value (20%): $60,000
  • Less Homestead Credit: -$500 (if eligible and applied for)
  • Net Taxable Value: $59,500
  • Annual Tax (1.375% base rate): $818
  • Monthly Escrow: $68

Example 2: $600,000 Property Value

  • Assessed Value (20%): $120,000
  • Less Homestead Credit: -$500 (if eligible and applied for)
  • Net Taxable Value: $119,500
  • Annual Tax (1.375% base rate): $1,643
  • Monthly Escrow: $137

Example 3: $1,000,000 Property Value

  • Assessed Value (20%): $200,000
  • Less Homestead Credit: -$500 (if eligible and applied for)
  • Net Taxable Value: $199,500
  • Annual Tax (1.375% base rate): $2,743
  • Monthly Escrow: $229

Note: These calculations use the base county rate only. Actual taxes will be higher due to additional school district and special district levies. Homestead credit requires annual application and is not automatic.

See How Taxes Affect Your Payment

Property taxes are just part of your total monthly cost. Get the full picture.

Calculate Now
Section 5

Escrow & Property Taxes

Most mortgage lenders in Greene County require property tax escrow accounts to ensure timely payment of property taxes. Your lender will estimate your annual property tax obligation and divide it by 12 to determine your monthly escrow payment. This amount is collected along with your principal and interest payment each month.

Lenders typically conduct annual escrow analyses to adjust your monthly payment based on actual tax bills and any rate changes. Since Greene County property taxes are due by October 15th each year, your lender will make payments directly to the county on your behalf before this deadline. You should verify that your lender has received and paid your correct tax bill, as escrow shortages or overages may require payment adjustments. Keep copies of your tax bills and escrow statements to ensure accuracy in the payment process.

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 Greene County property taxes due? A: Current property taxes are due by October 15th annually. Personal property taxes have a separate deadline of May 31st.

Q: What tax credits are available and do I need to apply? A: The Arkansas Homestead Tax Credit provides up to $500 annually for qualifying homeowners, but requires application - it is not automatic. Contact the Greene County Assessor's office for application forms and eligibility requirements.

Q: How does the Homestead Credit work? A: The Homestead Credit is a tax credit (not exemption) that reduces your tax bill by up to $500 per year. You must apply annually, and it does not reduce your assessed value but rather caps assessment increases to protect homeowners from rapid value growth.

Q: What happens if I pay my taxes late? A: Late payments incur penalties. Personal property assessments filed after May 31st include a 10% penalty. Current property taxes paid after October 15th are subject to additional penalties and interest.

Q: How often are properties reassessed? A: Arkansas law requires regular reassessment cycles. Contact the Greene County Assessor for the current reassessment schedule and appeal deadlines if you disagree with your assessment.

Q: Can I pay my property taxes online? A: Contact the Greene County Collector's office for current online payment options and accepted payment methods.

Q: Why is my tax rate different from my neighbor's? A: Tax rates vary by special taxing districts including school districts, fire districts, and municipal boundaries. Two properties in different districts will have different total tax rates even within Greene County.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed within specific deadlines after receiving your assessment notice. Contact the Greene County Board of Equalization for appeal procedures and deadlines.

Q: What is the three mill additional tax mentioned in county records? A: Greene County is authorized to levy an additional ad valorem tax of three mills on taxable property for specific county purposes. This represents additional taxing authority beyond the base levy rate.

Q: Are there exemptions for veterans or senior citizens? A: Arkansas offers various property tax exemptions for qualifying veterans with disabilities and other special circumstances. These require separate applications through the county assessor's office and are not automatically applied.

See the Full Picture of Your Home Costs

Property taxes are just one piece of homeownership. HonestCasa helps you understand your total monthly cost and explore safe ways to access your home equity.

Total Monthly Cost

Mortgage + taxes + insurance + HOA

Equity Growth

Track how your equity grows over time

Safe Equity Access

Options for projects or debt payoff

Free • No credit check • 2-minute estimate