Arkansas Homestead Exemption Savings Calculator

Estimate how much the Arkansas homestead exemption could save you each year. The example numbers are placeholders; enter your own from your assessment notice or tax bill.

Across Arkansas, Census ACS 2020-2024 counts 800,864 owner-occupied homes (66.4% ownership). Use the calculator with figures from your assessment notice; the exemption math comes from the official source cited below.

How neighbors handle this

Texas: $140,000 flat exemption

Neighbor figures are from the same verified official sources we cite on each page. Always confirm with the Arkansas county office before filing.

The calculator models Arkansas’s Homestead Property Tax Credit. Official benefit summary: A credit of up to $500 a year on your homestead property tax bill. Filing path from the source: Apply through your county assessor's office.

Population and housing figures: U.S. Census Bureau, ACS 2020-2024 5-year (state FIPS 05). Exemption figures checked against the official page on 2026-11-04.

How the exemption works

Arkansas homeowners may receive a homestead property tax credit of up to $500 per year.
Beginning with the 2026 tax bills the General Assembly authorized an increase up to $600.

Assumptions

Savings = the smaller of your tax bill or the credit cap.

Source: Arkansas Department of Finance and Administration. Figures checked against the official page on 2026-11-04.

How much does the Arkansas homestead exemption save?

Multiply the exemption by your local tax rate. Savings = the smaller of your tax bill or the credit cap.

Is this calculator official?

No. It is an estimate based on figures from the official state source cited on this page.