Madison County Property Taxes
Madison County, Mississippi
Effective Tax Rate
0.00%
122.4% above state avgMedian Annual Tax
$0
$173/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.72%
At a Glance
Median Home Value
$286,300
State avg ▲ $127,595
Tax w/ Mortgage/yr
$2,184
$182/mo escrow
Tax w/o Mortgage/yr
$1,812
$151/mo
State Tax Rate Rank
#41
of 82 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Madison County, Mississippi
Madison mirrors national tax burden
Madison County's effective property tax rate of 0.723% is roughly one-third the national median of 2.1%, though its median property tax of $2,071 approaches the national median of $2,690. This reflects Madison's notably higher median home value of $286,300, the highest in this county group.
Madison taxes slightly below state average
Madison County's 0.723% effective rate sits marginally below Mississippi's 0.743% average, but its $2,071 median property tax far exceeds the state median of $931. This disparity highlights Madison's position as Mississippi's most affluent county in this comparison group.
Madison homes priciest, taxes highest
Madison County's median home value of $286,300 substantially outpaces all neighbors—the next-highest is Lee at $187,800. Consequently, Madison residents pay the region's highest median property tax of $2,071, though the effective rate remains competitive at 0.723%.
Madison median tax reaches $2,071 annually
On Madison County's median home valued at $286,300, property taxes total approximately $2,071 per year. With a mortgage, homeowners owe $2,184; without, $1,812.
High values make assessments worth verifying
In rapidly appreciating markets like Madison, assessment errors compound quickly and cost homeowners thousands. Filing an appeal with the county assessor is especially valuable when median home values are this high.
How Madison County Compares
Median Annual Property Tax
Madison County
0.72%
Effective rate
Mississippi Avg
0.73%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Madison County, Mississippi?
How much are property taxes in Madison County?
How does Madison County compare to the Mississippi average?
What is the median home value in Madison County, Mississippi?
Is Madison County a low property tax area in Mississippi?
How does Madison County rank for property taxes in Mississippi?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Mississippi
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.