Arkansas vs North Dakota
Property Tax Comparison: Arkansas vs. North Dakota
Brief overview
Both Arkansas and North Dakota levy property taxes based on the assessed value of real‑estate. According to the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates), Arkansas’s effective property‑tax rate is lower than North Dakota’s, which results in smaller annual tax bills for comparable home values. The table below summarizes the key metrics used in this comparison.
Side‑by‑side metrics
| Metric (2023 ACS) | Arkansas | North Dakota |
|---|---|---|
| Effective property‑tax rate | 0.57 % | 0.99 % |
| Median home value | $175,300 | $241,100 |
| Median annual property tax | $1,003 | $2,392 |
| Property tax on a $250,000 home | $1,431 | $2,480 |
| Property tax on a $500,000 home | $2,861 | $4,961 |
| Median household income | $58,773 | $75,949 |
Sources: “According to the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates).”
Which state has the lower tax burden?
- Winner (lower effective rate): Arkansas
- Rate difference: 0.42 percentage points (Arkansas 0.57 % vs. North Dakota 0.99 %).
- Relative difference: Approximately 42.3 % lower rate in Arkansas.
Because the effective tax rate directly determines the amount owed per dollar of assessed value, Arkansas’s lower rate produces smaller tax bills for identical home prices:
| Home value | Tax in Arkansas | Tax in North Dakota | Difference |
|---|---|---|---|
| $250,000 | $1,431 | $2,480 | $1,049 less |
| $500,000 | $2,861 | $4,961 | $2,100 less |
Why Arkansas wins – The lower effective tax rate (0.57 % vs. 0.99 %) means that for every $1 of property value, Arkansas homeowners pay roughly half the tax that North Dakota homeowners pay. This rate drives the lower median annual tax ($1,003 vs. $2,392) and the lower tax amounts shown for both $250 k and $500 k properties.
Who is likely to benefit most from this comparison?
| Audience | Relevance of the comparison |
|---|---|
| Current or prospective homeowners | Lower annual property‑tax payments can affect affordability and total cost of ownership. |
| Retirees | Fixed‑income households often prioritize lower recurring taxes; Arkansas’s lower rate may be more favorable. |
| Real‑estate investors | Tax liability directly impacts cash flow; the lower rate in Arkansas can improve net returns on comparable properties. |
| Policy analysts or local officials | The data illustrate how state‑level tax structures differ, useful for benchmarking or policy review. |
The comparison is neutral and based solely on the cited ACS data; it does not address other tax categories (e.g., income or sales taxes) or non‑tax factors such as public services, climate, or cost of living.
Further reading
- Detailed information on Arkansas property taxation: Arkansas property tax
- Detailed information on North Dakota property taxation: North Dakota property tax
Based on the most recent ACS estimates, Arkansas’s effective property‑tax rate is lower, resulting in smaller annual tax obligations for comparable home values.
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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.