TaxBy County

Madison County

Madison County, Iowa

Effective Tax Rate

1.55%

Median Annual Tax

$3,681

How Madison County Compares

Median Annual Property Tax

Madison County$3,681
Iowa State Average$2,160
National Average$1,924

Madison County

1.55%

Effective rate

Iowa Avg

1.34%

Effective rate

National Avg

0.91%

Effective rate

Tax by Mortgage Status

With Mortgage

$3,719

per year

Without Mortgage

$3,597

per year

Estimate Your Property Tax

$

Annual Tax

$3,681

Monthly Escrow

$307

Effective Rate

1.55%

vs. Iowa State Average▲ 70.4% above
vs. National Average▲ 36.8% above
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Frequently Asked Questions

What is the property tax rate in Madison County, Iowa?
The effective property tax rate in Madison County, Iowa is 1.55%. 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 $3,681. Homeowners with a mortgage pay a median of $3,719, while those without a mortgage pay $3,597.
How does Madison County compare to the Iowa average?
Madison County's effective tax rate of 1.55% is higher than the Iowa state average of 1.34%. The median annual property tax in Madison County is $3,681, compared to the state average of $2,160.
What is the median home value in Madison County, Iowa?
The median home value in Madison County, Iowa is $236,900, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
How are property taxes calculated in Iowa?
Property taxes in Iowa are calculated based on the assessed value of your property multiplied by the local mill levy (tax rate). The assessed value is determined by your county assessor and may differ from market value. Homeowners may qualify for exemptions such as homestead, senior, veteran, or disability exemptions that can reduce the taxable value. Tax rates vary by county and include levies for schools, municipal services, and special districts.

Counties with Similar Tax Rates

Clinton County(IA)

Rate1.55%
Median Tax$2,382

Muscatine County(IA)

Rate1.55%
Median Tax$2,667

Wright County(IA)

Rate1.54%
Median Tax$1,695

Johnson County(IA)

Rate1.56%
Median Tax$4,587
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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.

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