Arkansas vs District Of Columbia
District of Columbia
Property‑Tax Comparison: Arkansas vs. District of Columbia
Summary – Both Arkansas and the District of Columbia have effective property‑tax rates that are close to the national average. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Arkansas’s rate is slightly lower (0.57 %) than the District of Columbia’s (0.58 %). The difference translates into modest variations in annual tax amounts for typical home values.
Side‑by‑side metrics
| Metric | Arkansas | District of Columbia |
|---|---|---|
| Effective property‑tax rate | 0.57 % | 0.58 % |
| Median home value | $175,300 | $724,600 |
| Median annual property tax | $1,003 | $4,180 |
| Property tax on a $250,000 home | $1,431 | $1,442 |
| Property tax on a $500,000 home | $2,861 | $2,885 |
| Median household income | $58,773 | $106,287 |
Sources: Data are drawn from the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates).
Which jurisdiction has the lower tax burden?
- Winner (lower effective rate): Arkansas – At 0.57 % the rate is marginally below the District of Columbia’s 0.58 %.
- Rate difference: 0.01 percentage points (approximately a 1.7 % relative difference).
- Annual tax difference on a $250,000 home: $11 less in Arkansas.
- Annual tax difference on a $500,000 home: $24 less in Arkansas.
The lower effective rate in Arkansas results from the state’s overall property‑tax structure, which includes lower millage rates and a larger proportion of property that is assessed at values below market price. The District of Columbia’s rate is slightly higher, but its higher median home values generate substantially larger median tax bills.
Who is likely to benefit most from this comparison?
| Audience | Relevance of the comparison |
|---|---|
| Current homeowners | Those evaluating a move or refinance can see how annual tax liabilities differ for comparable home values. |
| Prospective homebuyers | Buyers considering entry‑level properties (≈ $250 k) will notice only a minimal tax cost gap, whereas higher‑priced homes show a slightly larger gap. |
| Retirees | Retirees on fixed incomes may prioritize overall tax burden; Arkansas’s lower median household income suggests a generally lower cost‑of‑living environment, but the property‑tax difference itself is modest. |
| Investors | Investors comparing cash‑flow projections can use the per‑$250 k and per‑$500 k tax figures to refine expense estimates. |
The comparison is most useful for anyone for whom property‑tax expense is a material component of housing costs. Because the rate difference is small, other factors—such as income levels, home‑price markets, and local services—often play a larger role in decision‑making.
References
- According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates).
- For more detailed state‑level information see: Arkansas property tax and District of Columbia property tax.
Explore More Comparisons
Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.