Madison County Property Taxes

Madison County, Nebraska

Effective Tax Rate

0.00%

32.8% above state avg

Median Annual Tax

$0

$218/mo escrow

#53 of 93 counties in Nebraska

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.34%

vs. Nebraska Avg32.8% above
vs. National Avg2.6% below

At a Glance

Median Home Value

$196,000

State avg $152,847

Tax w/ Mortgage/yr

$2,520

$210/mo escrow

Tax w/o Mortgage/yr

$2,808

$234/mo

State Tax Rate Rank

#53

of 93 counties (1 = lowest)

Data Story

About Property Taxes in Madison County, Nebraska

Madison taxes rival the national median

Madison County's effective tax rate of 1.336% sits above the national average, placing it in the upper-middle range of American counties. The median property tax of $2,619 nearly matches the national median of $2,690, despite Madison's lower median home value of $196,000.

Madison ranks among Nebraska's highest-tax counties

At 1.336%, Madison County's effective rate is Nebraska's 4th highest, exceeding the state average of 1.281% by more than half a percentage point. The median property tax of $2,619 is the highest in the dataset, pushing residents well above Nebraska's $1,972 state median.

Madison pays considerably more than neighbors

Madison County's 1.336% rate significantly exceeds nearby Merrick County (1.172%) and Nance County (1.197%). With a median property tax of $2,619, Madison homeowners pay roughly $650 more annually than those in neighboring Merrick County ($1,969).

Madison homeowners carry a heavier tax load

On a $196,000 median home value, Madison County residents pay approximately $2,619 annually in property taxes. With mortgage-related assessments, costs reach around $2,520; without a mortgage, they climb to $2,808—among the highest in the region.

Madison appeals could yield significant savings

Given Madison County's above-average tax burden, homeowners facing assessments that don't match current market conditions should consider filing an appeal. Many Madison residents may recover hundreds or even thousands in overpaid taxes through a successful assessment challenge.

How Madison County Compares

Median Annual Property Tax

Madison County$2,619
Nebraska State Average$1,972
National Average$1,924

Madison County

1.34%

Effective rate

Nebraska Avg

1.29%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Madison County, Nebraska?
The effective property tax rate in Madison County, Nebraska is 1.34%. 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 $2,619. Homeowners with a mortgage pay a median of $2,520, while those without a mortgage pay $2,808.
How does Madison County compare to the Nebraska average?
Madison County's effective tax rate of 1.34% is higher than the Nebraska state average of 1.29%. The median annual property tax in Madison County is $2,619, compared to the state average of $1,972.
What is the median home value in Madison County, Nebraska?
The median home value in Madison County, Nebraska is $196,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Madison County property tax rate higher than the Nebraska average?
Madison County's effective property tax rate of 1.34% is higher than the Nebraska average of 1.29%. This difference of 0.05% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Madison County rank for property taxes in Nebraska?
Madison County ranks #53 out of 93 counties in Nebraska by effective property tax rate (1 = lowest). With a rate of 1.34% and median annual tax of $2,619, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Nebraska

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.