$LevyIO

Taxes in Conway, Arkansas

Complete tax guide for Conway, AR. State income tax up to 4.4%, 0.62% property tax, 8.77% sales tax. Calculate your total tax burden.

State Income Tax

4.4%

Arkansas

Property Tax

0.62%

Effective rate

Sales Tax

8.77%

Combined rate

Tax Burden

Moderate

Conway, AR Tax Overview

Population

67,336

Median Income

$42,000

Cost of Living

84.5 (100 = avg)

State Income Tax

4.4%

Median Home Price

$215,000

Conway Tax Calculator

Pre-filled with Conway median: $42,000

Total Tax Burden in Conway

$8,063

Take-Home: $33,938 · Effective Rate: 19.20%

Federal Tax

$3,002

7.15% eff.

AR State

$1,848

4.40% eff.

FICA

$3,213

7.65% eff.

Take-Home

$33,938

80.80% kept

Tax Breakdown

Take-Home 80.80%
AR
FICA
Take-Home Federal Tax AR State Tax FICA
ItemAnnualMonthly
Gross Income$42,000.00$3,500.00
Federal Income Tax-$3,001.50-$250.13
Arkansas State Tax-$1,848.00-$154.00
Social Security (6.2%)-$2,604.00-$217.00
Medicare (1.45%)-$609.00-$50.75
Take-Home Pay$33,937.50$2,828.13

Property Tax in Conway

Median Home

$215,000

Annual Tax

$1,333

Monthly Tax

$111

Effective Rate

0.62%

vs. National Average (1.1%)$-1,032/yr
Median Property Tax Paid$1,333/yr

Sales Tax in Conway

Combined Rate

8.77%

State Portion

~6.3%

Local Portion

~2.5%

The combined sales tax rate in Conway is 8.77%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.77 in sales tax.

Tax Burden Comparison

Tax TypeConwayArkansas AvgNational Avg
Income Tax4.4%4.4%4.6%
Property Tax0.62%~0.62%1.1%
Sales Tax8.77%~8.77%7.12%
Overall BurdenModerateModerate

Tax Saving Tips for Conway Residents

  • Arkansas's income tax rate of 4.4% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
  • Property tax in Conway (0.62%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • The combined sales tax rate of 8.77% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Arkansas Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Conway, AR?

Conway, Arkansas has a state income tax rate up to 4.4%. The property tax rate is 0.62% and the combined sales tax rate is 8.77%.

How much is property tax in Conway?

The effective property tax rate in Conway is 0.62%. On the median home price of $215,000, this equals approximately $1,333 per year or $111 per month. This is below the national average of 1.1%.

What is the sales tax rate in Conway?

The combined sales tax rate in Conway is 8.77%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Conway's tax burden compare to other cities?

Conway has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 25.5%. The combination of 4.4% state income tax, 0.62% property tax, and 8.77% sales tax determines the total burden. Cost of living index is 84.5 (100 = national average).

Are there any local taxes in Conway?

Conway does not impose a separate local or city income tax. Residents pay the state income tax of 4.4%, federal income tax, and FICA (Social Security and Medicare).