Hot Springs Village CDP, AR Property Tax Rate — How to Appeal & Save
1.10% effective rate · $2,763/yr avg · Population 16,843 · Arkansas
Median Home Value
$251,200
Est. Annual Tax
$2,763
Effective Rate
1.10%
Median Income
$68,580
How Hot Springs Village CDP Compares
Is Hot Springs Village CDP, AR a High Property Tax City?
Hot Springs Village CDP has a property tax rate of 1.10%, roughly near the national average. On a median home of $251,200, homeowners pay about $2,763/year.
Property taxes consume 4.0% of the median household income ($68,580) in Hot Springs Village CDP — a significant burden that makes tax appeals especially worthwhile. A homeowner with a $300,000 property pays approximately $3,300/year, while a $500,000 home costs $5,500/year in property taxes.
Hot Springs Village CDP property taxes are 11% below the national average. Even so, individual properties can be over-assessed — it's always worth checking whether your specific assessment is fair relative to comparable homes nearby.
Think you're overpaying in Hot Springs Village CDP?
We research your property, prepare evidence, and file the appeal. Fee: 20% of first-year savings — only if we succeed.
How to Appeal Property Tax in Hot Springs Village CDP, AR
If your property is assessed higher than comparable homes in Hot Springs Village CDP, you may be able to reduce your tax bill by filing an appeal with your county assessor's office.
Check Your Assessment
Review your property's assessed value and compare it to similar homes in your area. If you're 15-20%+ above comparable properties, you likely have a case.
Gather Evidence
Collect recent sales of comparable homes (same size, age, neighborhood), photos of any condition issues, and your assessment notice.
File Before the Deadline
Each county has a specific window to file (typically 30-90 days after receiving your assessment notice). Contact your county assessor for exact dates in Arkansas.
Attend the Hearing
Present your evidence at the review board hearing. Average success rate for well-prepared appeals is 40-60%. Sign up and we'll handle the research, filing, and follow-up, and send you a hearing-prep guide so you know what to expect — you attend the hearing yourself.
Don't want to do it yourself? We handle the research, filing, and follow-up. You only pay 20% of what we save you. Nothing if we don't reduce your bill.
Hot Springs Village CDP, AR Appeal Deadline & Filing Info
File With
County Equalization Board
Deadline
Third Monday in August (county) or within 30 days for state level
Window Opens
After assessment notices (typically August)
Typical Duration
1–3 months
Assessment ratio is 20% of market value. County boards meet annually in August. Can escalate to County Court within 30 days of board decision.
⚠️ Deadlines vary by county in Arkansas. Contact your county assessor's office for exact dates applicable to Hot Springs Village CDP.
Other Cities in Arkansas
| City | Median Home | Annual Tax | Rate |
|---|---|---|---|
| Little Rock | $205,800 | $2,264 | 1.10% |
| Fayetteville | $291,300 | $3,204 | 1.10% |
| Fort Smith | $155,600 | $1,712 | 1.10% |
| Springdale | $206,400 | $2,270 | 1.10% |
| Jonesboro | $196,100 | $2,157 | 1.10% |
| Rogers | $248,900 | $2,738 | 1.10% |
| Conway | $223,900 | $2,463 | 1.10% |
| North Little Rock | $165,600 | $1,822 | 1.10% |
| Bentonville | $338,500 | $3,724 | 1.10% |
| Pine Bluff | $88,700 | $976 | 1.10% |
| Hot Springs | $148,100 | $1,629 | 1.10% |
| Benton | $186,700 | $2,054 | 1.10% |
Related Property Tax Resources
Data sources: US Census Bureau, American Community Survey (ACS) 5-Year Estimates 2019–2023 (Table DP04). Effective tax rates calculated from median property tax and median home value.
Appeal information: State comptroller offices, county assessor associations, and official state statutes. Deadlines and processes verified as of June 2026.
Last updated: July 2026 · Published by: TaxedFairly (WebLab LLC)