Madison County Property Taxes
Madison County, Kentucky
Effective Tax Rate
0.00%
49.2% above state avgMedian Annual Tax
$0
$136/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.74%
At a Glance
Median Home Value
$220,700
State avg ▲ $150,167
Tax w/ Mortgage/yr
$1,781
$148/mo escrow
Tax w/o Mortgage/yr
$1,382
$115/mo
State Tax Rate Rank
#78
of 120 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Madison County, Kentucky
Madison's tax rate beats national average
Madison County homeowners pay an effective tax rate of 0.739%, nearly one-third less than the national median of $2,690 annually on a typical home. This puts Madison in the lower-tax camp nationally, where median home values exceed $281,000—well above Madison's median of $220,700.
Madison ranks mid-range in Kentucky
At 0.739%, Madison's effective rate slightly exceeds Kentucky's state average of 0.719%, placing it in the middle tier among the state's 120 counties. The county's median tax bill of $1,631 runs 49% above the state median of $1,093.
Madison higher than most regional peers
Madison's 0.739% rate tops Mason County (0.634%) but trails Martin County (0.774%) among nearby counties. Compared to Marshall County (0.717%) and McCracken County (0.734%), Madison sits squarely in the middle, reflecting moderate regional tax pressure.
Median Madison home pays $1,631 yearly
A typical $220,700 home in Madison County generates approximately $1,631 in annual property taxes, or about $136 per month. With mortgage-related assessments factored in, the actual bill reaches $1,781.
You may be paying too much
Many Madison County homeowners are overassessed relative to market value, meaning your property may be carrying a higher tax burden than necessary. Filing an appeal with the county assessor costs nothing and could substantially lower your annual bill.
How Madison County Compares
Median Annual Property Tax
Madison County
0.74%
Effective rate
Kentucky Avg
0.73%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Madison County, Kentucky?
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How does Madison County compare to the Kentucky average?
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Why is Madison County property tax rate higher than the Kentucky average?
How does Madison County rank for property taxes in Kentucky?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Kentucky
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.