Arkansas vs Ohio
Property‑Tax Comparison: Arkansas vs. Ohio
Introduction
Both Arkansas and Ohio levy property taxes that fund local services such as schools, roads, and public safety. Using the most recent data from the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates), the two states differ noticeably in effective tax rates, median home values, and the resulting annual tax bills. The table below places the key metrics side by side.
Side‑by‑Side Metrics
| Metric (2023 ACS) | Arkansas | Ohio |
|---|---|---|
| Effective property‑tax rate | 0.57 % | 1.36 % |
| Median home value | $175,300 | $199,200 |
| Median annual property tax | $1,003 | $2,712 |
| Property tax on a $250,000 home | $1,431 | $3,404 |
| Property tax on a $500,000 home | $2,861 | $6,807 |
| Median household income | $58,773 | $69,680 |
Source: 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
- Tax‑rate difference: 0.79 percentage points, which is a 57.97 % lower effective rate than Ohio (0.79 ÷ 1.36 ≈ 58 %).
- Annual tax difference on a $250,000 home: $3,404 − $1,431 = $1,973.
- Annual tax difference on a $500,000 home: $6,807 − $2,861 = $3,946.
The lower effective property‑tax rate in Arkansas translates into substantially smaller annual tax bills for comparable home values. Consequently, homeowners purchasing similar‑priced properties in Arkansas can expect to pay roughly half the property tax that a comparable Ohio homeowner would owe.
Who Might Find This Comparison Most Relevant?
| Audience | Relevance of the Comparison |
|---|---|
| Current or prospective homeowners | Understanding the ongoing cost of homeownership, including the annual property‑tax expense, is essential for budgeting and long‑term financial planning. |
| Retirees and fixed‑income households | Lower property taxes can reduce the overall cost of living, making Arkansas potentially more affordable for those relying on a fixed income. |
| Real‑estate investors | Property‑tax rates affect net operating income and return on investment; the lower rate in Arkansas may improve cash‑flow projections for comparable rental properties. |
| Relocation planners | Individuals or families comparing relocation options can use the tax data alongside income and housing‑price information to assess overall affordability. |
The data do not account for other tax categories (e.g., income or sales taxes), nor do they reflect local variations within each state. Users should consider the full tax landscape and personal circumstances when making decisions.
Additional Resources
- Detailed information about property taxes in Arkansas: Arkansas property tax
- Detailed information about property taxes in Ohio: Ohio property tax
All figures are based on the most recent ACS estimates and are presented without adjustment for inflation or future policy changes.
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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.