Madison County Property Taxes

Madison County, Idaho

Effective Tax Rate

0.00%

18.6% above state avg

Median Annual Tax

$0

$151/mo escrow

#21 of 44 counties in Idaho

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.50%

vs. Idaho Avg18.6% above
vs. National Avg32.6% below

At a Glance

Median Home Value

$365,000

State avg $311,932

Tax w/ Mortgage/yr

$1,726

$144/mo escrow

Tax w/o Mortgage/yr

$1,922

$160/mo

State Tax Rate Rank

#21

of 44 counties (1 = lowest)

Data Story

About Property Taxes in Madison County, Idaho

Madison taxes rank below national median

Madison County's effective tax rate of 0.497% is well below the U.S. median of 0.71%, placing it in the lower third nationally for property tax burden. The median property tax here is $1,813, compared to the national median of $2,690—a $877 annual savings for a typical homeowner.

Among Idaho's most affordable counties

Madison County's 0.497% effective rate sits just slightly below Idaho's statewide average of 0.508%, ranking it in the middle tier among the state's 44 counties. The county's median property tax of $1,813 is $284 higher than the state median of $1,529, reflecting its higher median home values.

Lower taxes than Nez Perce, higher than Owyhee

Madison County pays significantly less than neighboring Nez Perce County, where homeowners face a 0.868% rate and $2,529 median tax. It's slightly pricier than adjacent Owyhee County at 0.481%, though both counties are considered affordable by regional standards.

Typical Madison home costs $1,813 yearly

On Madison County's median home value of $365,000, property owners pay approximately $1,813 in annual property taxes. For homeowners with mortgages, that effective tax is $1,726; without mortgages, it rises to $1,922.

Check your assessment for overvaluation

Many Madison County homeowners are paying taxes on properties assessed above true market value. If your property assessment seems high, you have the right to appeal—potentially saving hundreds annually.

How Madison County Compares

Median Annual Property Tax

Madison County$1,813
Idaho State Average$1,529
National Average$1,924

Madison County

0.50%

Effective rate

Idaho Avg

0.49%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Madison County, Idaho?
The effective property tax rate in Madison County, Idaho is 0.50%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Madison County?
The median annual property tax payment in Madison County is $1,813. Homeowners with a mortgage pay a median of $1,726, while those without a mortgage pay $1,922.
How does Madison County compare to the Idaho average?
Madison County's effective tax rate of 0.50% is higher than the Idaho state average of 0.49%. The median annual property tax in Madison County is $1,813, compared to the state average of $1,529.
What is the median home value in Madison County, Idaho?
The median home value in Madison County, Idaho is $365,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Madison County property tax rate higher than the Idaho average?
Madison County's effective property tax rate of 0.50% is higher than the Idaho average of 0.49%. This difference of 0.01% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Madison County rank for property taxes in Idaho?
Madison County ranks #21 out of 44 counties in Idaho by effective property tax rate (1 = lowest). With a rate of 0.50% and median annual tax of $1,813, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Idaho

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.