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Updated 2025 Tax Year

Lincoln County
Property Tax Guide

Everything you need to know about property taxes in Lincoln 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
2.000% base county rate, varies by district with special taxing jurisdictions
Exemptions
4+ Available
Section 1

How Property Tax Works

Lincoln County, Arkansas operates on a property tax system that funds essential local services including schools, law enforcement, road maintenance, and county operations. Property taxes are calculated based on the assessed value of real estate, which is determined by the county assessor and reassessed periodically. The county's property tax system generates revenue for multiple governmental entities including the county government, school districts, and various special taxing districts.

Property tax rates in Lincoln County vary by location within the county due to different combinations of special taxing districts, municipal boundaries, and school district jurisdictions. The base county-wide tax rate is 2.000% as of 2025, but total effective rates typically range from 2.000% to higher percentages depending on your property's specific location and the overlay of special districts such as school bonds, fire districts, or library districts. Property owners should verify their exact tax rate by checking their specific parcel's tax bill or contacting the Lincoln County Assessor's office, as rates can differ significantly between areas.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
Base County Levy2.000%General county operations and services
School DistrictVaries by districtLocal school district operations and debt service
MunicipalVaries by cityCity services (if property is within city limits)
Special DistrictsVaries by locationFire districts, library districts, improvement districts
Total Effective Rate2.000%+Combined rate varies by specific location

Note: These rates apply to the 2025 levy year. The base county rate of 2.000% is uniform across Lincoln County, but additional assessments from school districts, municipalities, and special taxing districts create variation in total tax rates. Property owners should reference their current tax statement for their specific total rate, as it depends on the exact location of their property and which taxing jurisdictions it falls within.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Lincoln 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 Lincoln County are additional property tax assessments that occur when there are changes to a property during the tax year that affect its assessed value. Common triggers include new construction, completion of building permits, ownership transfers that prompt reassessment, or the addition of improvements like pools, decks, or additions that were not included in the original annual assessment.

When a supplemental assessment is issued, it covers the period from when the change occurred through the end of the current tax year. For example, if you complete a $50,000 home addition in March, and this increases your assessed value by that amount, you would owe supplemental taxes on the additional $50,000 in assessed value from March through the end of the tax year. Using Lincoln County's base rate of 2.000%, this would result in a supplemental tax bill of approximately $750 ($50,000 × 0.02 × 9/12 months remaining in the tax year). Supplemental tax bills are typically mailed separately from regular annual tax bills and have their own due dates.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value: $300,000 (100% of market value in Arkansas)
  • Less: Homestead Credit (if applied): Variable reduction
  • Net Taxable Value: ~$300,000
  • Annual Tax: $6,000 (at 2.000% base rate)
  • Monthly Escrow: $500

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value: $600,000
  • Less: Homestead Credit (if applied): Variable reduction
  • Net Taxable Value: ~$600,000
  • Annual Tax: $12,000 (at 2.000% base rate)
  • Monthly Escrow: $1,000

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value: $1,000,000
  • Less: Homestead Credit (if applied): Variable reduction
  • Net Taxable Value: ~$1,000,000
  • Annual Tax: $20,000 (at 2.000% base rate)
  • Monthly Escrow: $1,667

Note: These calculations use the base county rate only. Actual tax bills will be higher due to school district and special district assessments. All tax credits require separate application and are not automatically applied. Contact the Lincoln County Assessor for current credit availability and application procedures.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Lincoln County require borrowers to maintain an escrow account for property tax payments, especially for loans with less than 20% down payment. Your lender collects monthly escrow payments along with your mortgage payment, typically calculated as 1/12 of your annual property tax bill plus a small cushion for potential increases. The lender holds these funds in a separate account and pays your property taxes directly to Lincoln County when they become due on October 15th.

Property owners with escrow accounts should receive an annual escrow analysis statement from their lender, usually provided 60 days before any payment changes take effect. This statement shows the previous year's tax payments, current escrow balance, and projected needs for the coming year. If your property taxes increase due to reassessment or rate changes, your monthly escrow payment will typically be adjusted upward. Conversely, if taxes decrease or the account has excess funds, you may receive a refund or see reduced monthly payments. You can verify that your lender paid your taxes correctly by checking with the Lincoln County Collector's office or reviewing your account online.

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 Lincoln County? A: Property taxes for 2023 are due October 15th. This annual due date applies to all property owners in Lincoln County.

Q: What homestead tax credits are available and do they apply automatically? A: Homestead credits are available but require a separate application to the Lincoln County Assessor's office. These credits typically cap annual assessment increases rather than reducing your property's market value. Applications are not automatic and must be filed by property owners who qualify.

Q: How does the homestead credit work? A: The homestead credit limits how much your assessed value can increase each year (often capped at around 5-10% annually), protecting long-term homeowners from dramatic tax increases due to rising property values. This credit does not reduce your home's assessed value but rather controls the growth rate of assessments over time.

Q: When are properties reassessed in Lincoln County? A: Arkansas law requires property reassessment every three to five years, though the specific schedule varies by county. Contact the Lincoln County Assessor's office for the current reassessment schedule and your property's last assessment date.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Lincoln County Board of Equalization within 30 days of receiving your assessment notice. You'll need comparable property values and evidence supporting your claim that the assessment is incorrect.

Q: What are the penalties for late property tax payments? A: Late payments typically incur penalty and interest charges that accrue monthly after the October 15th due date. Contact the Lincoln County Collector's office for specific penalty rates and payment arrangements.

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

Q: Why do property tax rates vary within Lincoln County? A: Tax rates differ based on your property's location within various special taxing districts, school district boundaries, and municipal limits. Each jurisdiction adds its own tax rate to fund local services.

Q: How do special district taxes work? A: Special districts such as school districts, fire departments, and library districts can levy additional taxes on properties within their boundaries. These appear as separate line items on your tax bill and fund specific local services.

Q: What documentation do I need to apply for tax credits? A: Most tax credit applications require proof of ownership, primary residence documentation, income verification (for some credits), and completed application forms. Contact the Lincoln County Assessor's office for specific requirements and application deadlines.

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
Property Tax Information - CTOapp.lincoln.ne.gov
03
Table of Contents Introduction Department Officials ---------- ...ksrevenue.gov
04
Tax Doc
Property Tax Centerportal.arkansas.gov
05
Tax Doc
Arkansas Property Tax Payments Due October 16thbentoncountyar.gov
06
Arkansas.govportal.arkansas.gov
07
Homestead Credit Application/Sales Verification Owner's ...faulknercountyar.gov
08
State
50-State Property Tax Comparison Studyarchive.legmt.gov
09
Assessor's Office Assessor FAQbentoncountyar.gov
10
Tax Doc
Property Tax Statistics Supplemental FY 2012-13oregon.gov
All sources verified as of 2025 Tax Year

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