Magnolia, Arkansas — Tax Burden
What is the tax burden in Magnolia, Arkansas?
Magnolia, Arkansas has a total tax burden of 9.34%, ranking #4158 nationally. Property tax rate: 0.59%, state income tax: 4.121%, sales tax: 9.44%. Median household income is $43,000.
Source: US Census ACS, 2022
Ranked #4158 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.34%
Rank: 4158th 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 (22%)Income (44%)Sales (33%)
Median Income: $43,000
Median Home Value: $152,000
Median Property Tax: $903/yr
Population: 11,044