Hope, Arkansas — Tax Burden
What is the tax burden in Hope, Arkansas?
Hope, Arkansas has a total tax burden of 8.46%, ranking #4877 nationally. Property tax rate: 0.59%, state income tax: 4.121%, sales tax: 9.44%. Median household income is $43,018.
Source: US Census ACS, 2022
Ranked #4877 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.46%
Rank: 4877th nationally
Property Tax Rate
0.59%
Rank: 5809th nationally
Income Tax Rate
4.121%
Arkansas state rate
Sales Tax Rate
9.44%
State + local combined
Tax Burden Breakdown
Property (14%)Income (49%)Sales (37%)
Median Income: $43,018
Median Home Value: $89,700
Median Property Tax: $526/yr
Population: 8,921