Taxes in Texarkana, Arkansas
Complete tax guide for Texarkana, AR. State income tax up to 4.4%, 0.62% property tax, 6.9% sales tax. Calculate your total tax burden.
State Income Tax
4.4%
Arkansas
Property Tax
0.62%
Effective rate
Sales Tax
6.9%
Combined rate
Tax Burden
Low
Texarkana, AR Tax Overview
Population
30,259
Median Income
$42,400
Cost of Living
74 (100 = avg)
State Income Tax
4.4%
Median Home Price
$147,000
Texarkana Tax Calculator
Pre-filled with Texarkana median: $42,400
Total Tax Burden in Texarkana
$8,159
Take-Home: $34,241 · Effective Rate: 19.24%
Federal Tax
$3,050
7.19% eff.
AR State
$1,866
4.40% eff.
FICA
$3,244
7.65% eff.
Take-Home
$34,241
80.76% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $42,400.00 | $3,533.33 |
| Federal Income Tax | -$3,049.50 | -$254.13 |
| Arkansas State Tax | -$1,865.60 | -$155.47 |
| Social Security (6.2%) | -$2,628.80 | -$219.07 |
| Medicare (1.45%) | -$614.80 | -$51.23 |
| Take-Home Pay | $34,241.30 | $2,853.44 |
Property Tax in Texarkana
Median Home
$147,000
Annual Tax
$911
Monthly Tax
$76
Effective Rate
0.62%
Sales Tax in Texarkana
Combined Rate
6.9%
State Portion
~4.4%
Local Portion
~2.5%
The combined sales tax rate in Texarkana is 6.9%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.90 in sales tax.
Tax Burden Comparison
| Tax Type | Texarkana | Arkansas Avg | National Avg |
|---|---|---|---|
| Income Tax | 4.4% | 4.4% | 4.6% |
| Property Tax | 0.62% | ~0.62% | 1.1% |
| Sales Tax | 6.9% | ~6.9% | 7.12% |
| Overall Burden | Low | — | Moderate |
Tax Saving Tips for Texarkana 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 Texarkana (0.62%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- 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.
Other Cities in Arkansas
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 Texarkana, AR?
Texarkana, 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 6.9%.
How much is property tax in Texarkana?
The effective property tax rate in Texarkana is 0.62%. On the median home price of $147,000, this equals approximately $911 per year or $76 per month. This is below the national average of 1.1%.
What is the sales tax rate in Texarkana?
The combined sales tax rate in Texarkana is 6.9%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Texarkana's tax burden compare to other cities?
Texarkana has a low overall tax burden. The effective total tax rate for a median-income household is approximately 23.8%. The combination of 4.4% state income tax, 0.62% property tax, and 6.9% sales tax determines the total burden. Cost of living index is 74 (100 = national average).
Are there any local taxes in Texarkana?
Texarkana 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).