Grant County Property Tax Calculator
This estimate uses the Grant County average millage rate of 47.5 mills. Actual bills can vary by school district and special district.
County millage rate47.5 mills
Assessed value at 20%$28,280
Tax before credit$1,343
Homestead credit$600
Estimated annual property tax
$743
$61.94 per month
Grant County tax overview
Grant County sits in the South Central region of Arkansas, with Sheridan serving as the county seat. The county dataset on this site uses a millage rate of 47.5 mills and an estimated effective property tax rate of 0.57%.
The median home value used in the county profile is $141,400, and the median annual property tax is $804 before any owner-specific adjustments. That makes this page useful for budgeting, comparing counties, and previewing how a purchase price translates into a property tax estimate.
How the Grant County estimate works
- Start with market value or a realistic sale-price estimate.
- Apply the Arkansas assessment ratio of 20% to reach assessed value.
- Multiply assessed value by 47.5 mills, or 4.75% of assessed value.
- Subtract the homestead credit if the property is a qualifying primary residence.
- Verify the final number with the county assessor or collector for district-specific rates.