Hot Spring County Property Tax Calculator
This estimate uses the Hot Spring County average millage rate of 43.2 mills. Actual bills can vary by school district and special district.
County millage rate43.2 mills
Assessed value at 20%$23,920
Tax before credit$1,033
Homestead credit$600
Estimated annual property tax
$433
$36.11 per month
Hot Spring County tax overview
Hot Spring County sits in the Central region of Arkansas, with Malvern serving as the county seat. The county dataset on this site uses a millage rate of 43.2 mills and an estimated effective property tax rate of 0.52%.
The median home value used in the county profile is $119,600, and the median annual property tax is $619 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 Hot Spring 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 43.2 mills, or 4.32% 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.