Madison County Property Taxes
Madison County, Montana
Effective Tax Rate
0.00%
0.1% below state avgMedian Annual Tax
$0
$150/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.41%
At a Glance
Median Home Value
$440,500
State avg ▲ $251,520
Tax w/ Mortgage/yr
$1,773
$148/mo escrow
Tax w/o Mortgage/yr
$1,813
$151/mo
State Tax Rate Rank
#1
of 56 counties (1 = lowest)
Data Story
About Property Taxes in Madison County, Montana
Madison's lowest rate shields wealth
Madison County's 0.409% effective tax rate is the lowest among these eight counties and less than 60% of the national median of 0.71%. Despite the highest median home value at $440,500, residents pay just $1,800 annually—nearly 33% less than the national median tax bill.
Second-most tax-friendly county
Madison's 0.409% effective rate trails only Lincoln County (0.579%) statewide, landing 47% below Montana's 0.767% average. High-value homes pay minimal taxes here—a rare advantage for wealthy property owners.
Priciest homes, gentlest rates
Madison County's $440,500 median home value towers over Lincoln ($258,700) and Meagher ($244,400), yet its annual tax of $1,800 undercuts both—a consequence of the county's exceptionally low 0.409% rate. Wealth concentrates lightly in Madison.
Your $1,800 annual tax bill
A typical Madison County home worth $440,500 costs just $1,800 per year in property taxes—or $150 monthly. With a mortgage, you'll pay $1,773; without, $1,813.
Wealth deserves verification too
Madison's ultra-low tax rate shouldn't discourage assessment reviews—high-value properties sometimes sit overvalued without owner knowledge. Request a free reappraisal if recent sales of comparable homes suggest your property is assessed above market value.
How Madison County Compares
Median Annual Property Tax
Madison County
0.41%
Effective rate
Montana Avg
0.72%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Madison County, Montana?
How much are property taxes in Madison County?
How does Madison County compare to the Montana average?
What is the median home value in Madison County, Montana?
Is Madison County a low property tax area in Montana?
How does Madison County rank for property taxes in Montana?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Montana
Carter County
0.44%
Judith Basin County
0.45%
Sweet Grass County
0.49%
Golden Valley County
0.51%
Ravalli County
0.53%
Carbon County
0.55%
Sanders County
0.55%
Mineral County
0.55%
Jefferson County
0.56%
Park County
0.57%
Fallon County
0.57%
Lincoln County
0.58%
Gallatin County
0.60%
Stillwater County
0.60%
Broadwater County
0.61%
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.