Madison County Property Taxes
Madison County, North Carolina
Effective Tax Rate
0.00%
8.8% below state avgMedian Annual Tax
$0
$109/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.50%
At a Glance
Median Home Value
$263,500
State avg ▲ $214,164
Tax w/ Mortgage/yr
$1,412
$118/mo escrow
Tax w/o Mortgage/yr
$1,207
$101/mo
State Tax Rate Rank
#11
of 100 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Madison County, North Carolina
Madison's tax rate sits below national norms
Madison County's effective tax rate of 0.496% is significantly lower than the national median of 0.87%, placing it in the bottom 30% of U.S. counties. The typical Madison homeowner pays $1,307 annually—less than half the national median property tax of $2,690.
Among North Carolina's lowest-taxing counties
Madison ranks in the lowest tier statewide, with an effective rate well below North Carolina's 0.701% average. At $1,307, the median property tax is $126 lower than the state median, giving residents measurable relief.
Mountain counties cluster with Madison's rates
Madison's 0.496% rate aligns closely with McDowell County (0.517%) and Mitchell County (0.502%), making this region consistently tax-friendly. In contrast, nearby Martin County charges 1.070%, more than double Madison's rate.
On a median home, here's your annual bill
A $263,500 home—Madison's median value—triggers roughly $1,307 in annual property taxes under the current rate. With a mortgage, that figure rises to $1,412 when local fees are included.
Many homeowners could lower their bills
Property assessment errors are common across North Carolina, and Madison County homeowners may be overassessed on their property value or eligible tax exemptions. A formal appeal to the county assessor costs nothing and can result in measurable savings.
How Madison County Compares
Median Annual Property Tax
Madison County
0.50%
Effective rate
North Carolina Avg
0.67%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Madison County, North Carolina?
How much are property taxes in Madison County?
How does Madison County compare to the North Carolina average?
What is the median home value in Madison County, North Carolina?
Is Madison County a low property tax area in North Carolina?
How does Madison County rank for property taxes in North Carolina?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in North Carolina
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.