Madison County Property Taxes
Madison County, Illinois
Effective Tax Rate
0.00%
16.2% above state avgMedian Annual Tax
$0
$269/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
1.93%
At a Glance
Median Home Value
$167,900
State avg ▲ $146,132
Tax w/ Mortgage/yr
$3,604
$300/mo escrow
Tax w/o Mortgage/yr
$2,691
$224/mo
State Tax Rate Rank
#62
of 102 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Madison County, Illinois
Madison County taxes run above national average
Madison County homeowners pay an effective tax rate of 1.925%, outpacing the national median of 1.728% and placing the county in the 58th percentile nationally. The median annual property tax here is $3,232—well above the national median of $2,690—despite a median home value of $167,900, which is significantly lower than the national median of $281,900.
Madison ranks above average in Illinois
At 1.925%, Madison County's effective tax rate exceeds Illinois's state average of 1.831%, ranking it in the upper half of the state's counties. The median property tax of $3,232 is also 16% higher than the state median of $2,782.
Comparable to peer Illinois counties
Madison County's tax rate of 1.925% sits between Marion County (1.707%) to the south and Marshall County (1.991%) to the north. Among regional peers, Madison's rate is moderate, suggesting competitive property tax pressures in the southwestern Illinois corridor.
Expect $3,232 annual property tax
On Madison County's median home value of $167,900 and effective rate of 1.925%, a typical homeowner pays $3,232 annually in property taxes. For mortgaged properties, total obligations rise to $3,604 when ancillary fees are included.
You may be overassessed
Many Madison County homeowners pay more than they should due to assessment errors or outdated valuations. Consider filing an appeal with the Madison County Assessor's office—a free process that could reduce your tax bill significantly.
How Madison County Compares
Median Annual Property Tax
Madison County
1.93%
Effective rate
Illinois Avg
1.90%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Madison County, Illinois?
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How does Madison County compare to the Illinois average?
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How does Madison County rank for property taxes in Illinois?
Counties with Similar Tax Rates
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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.