Cabot, Arkansas property tax
Typical rate and yearly bill in Cabot, compared with Lonoke County. Census survey 2020-2024.
Estimate my billHow Cabot compares
How Cabot changed in five years
Comparing the Census surveys for 2015-2019 and 2020-2024, which do not overlap. Home values rose faster than bills, so the effective rate went down, often because of caps on assessment increases or rate cuts.
Think your bill is too high?
Divide your yearly tax by your home's market value. If your result is well above the typical 0.61% in Cabot, your assessed value may be too high or an exemption may be missing.
- Check the market value on your notice against recent sales nearby.
- Make sure every exemption you qualify for is listed, starting with the homestead exemption.
- File an appeal before the deadline. Filing is usually free or costs little.
Property tax in Cabot, in plain words
Homeowners in Cabot typically pay $1,266 a year in property tax on a home worth $207,300, according to the Census Bureau's American Community Survey for 2020-2024. That works out to an effective rate of about 0.61% of home value.
That rate is about the same as Lonoke County as a whole (0.63%) and higher than the Arkansas typical rate of 0.55%. Across the US, the typical rate is 0.94%.
Owners with a mortgage report a typical bill of $1,361, and owners without one $996. The gap usually reflects newer buyers paying tax on higher, more recent values.
Against the typical household income of $75,000, the typical bill equals about 1.7% of income.
Your own bill depends on your home's assessed value, the exact school district and special districts at your address, and any exemptions you claim. Your Lonoke County tax office has the final number.
Common questions
What is the property tax rate in Cabot?
The typical effective rate is about 0.61% of home value per year, based on what homeowners report paying.
How much is property tax on a $400,000 home in Cabot?
About $2,440 a year at the typical rate. Exemptions and your exact district can move it either way.
Is Cabot higher or lower than Lonoke County?
Cabot's typical rate (0.61%) is about the same as the county's (0.63%).
Homestead exemptions · How to appeal · Where these numbers come from