Conway property tax: where it goes
A Conway house pays 1.012% of its taxable value in property tax. For a house at $252,100 of market value, that's about $1,951 a year.
Tax is levied on assessed value, which in Arkansas is 20% of market value, times the total millage (1 mill = $1 per $1,000 of assessed value); the homestead credit then reduces the tax on a homestead.
Arkansas collects property taxes a year in arrears: the bills due Oct. 15, 2026 use the 2025 millage (the state's 2025 Millage Report for 2026 collections). The 2026 millage is billed in 2027.
Who taxes this house
| Taxing agency | Rate | On $252,100 |
|---|---|---|
| Conway School District (38.1 mills) (schools) | 0.762% | $1,921 |
| City of Conway (4.2 mills) | 0.084% | $212 |
| Faulkner County (8.3 mills) | 0.166% | $418 |
| Arkansas homestead property tax credit | credit | −$600 |
| Total | 1.012% | $1,951 |
2025 tax year, payable Oct. 15, 2026 (Faulkner County).
Ways to pay less
- Homeowners 65+ or disabled: freeze your assessed value. If you qualify for the homestead credit and are 65 or older or disabled, the taxable assessed value of your home can be frozen at its value at the next assessment date after you turn 65 or become disabled. Your tax can still change if millage rates change. How: Apply for the freeze with the county assessor's office.
- Disabled veterans: property tax exemption. Disabled American veterans rated 100% totally and permanently service-connected disabled are entitled to a tax exemption. How: Call (501) 450-4921 for more information.
Dates
| When | What |
|---|---|
| May 31 | Deadline to assess personal property without the 10% late assessment penalty. |
| Oct 15 | Property taxes are due from March 1 through October 15. A 10% penalty is added to taxes paid after October 15, plus 10% annual interest on real estate taxes. |
| Oct 15 | Deadline to apply for the homestead credit on your current tax bill. |
Pay or manage it
Sources
- Arkansas DFA, 2025 Millage Report (2026 collections)
- Greene County Assessor (Arkansas 20% assessment)
- Arkansas DFA, Property tax relief (homestead credit, 65+ freeze, Amendment 79)
- Act 330 of 2025 (homestead credit $600)
- Faulkner County Assessor
Checked October 21, 2026. Every number here comes from the public sources listed, matched by our checker.
Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.