Madison County Property Taxes
Madison County, Virginia
Effective Tax Rate
0.00%
0.4% above state avgMedian Annual Tax
$0
$164/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.59%
At a Glance
Median Home Value
$331,400
State avg ▲ $278,065
Tax w/ Mortgage/yr
$2,102
$175/mo escrow
Tax w/o Mortgage/yr
$1,835
$153/mo
State Tax Rate Rank
#52
of 133 counties (1 = lowest)
Data Story
About Property Taxes in Madison County, Virginia
Madison's rate is below national standard
Madison County charges an effective tax rate of 0.594%, placing it in roughly the bottom 40% nationally. While the median U.S. home pays about $2,690 annually, Madison's modest rate means homeowners here pay far less on a percentage basis.
Moderate tax burden within Virginia
Madison's 0.594% effective rate sits below Virginia's statewide average of 0.671%, making it a relatively tax-friendly option. The county ranks in the lower half of Virginia's jurisdictions for property tax rates.
Balanced between low and high neighbors
Madison's 0.594% falls between Lunenburg County (0.436%) and Lynchburg city (0.840%), offering a middle ground. It's significantly lower than the northern urban centers like Manassas (1.096%) and Manassas Park (1.136%).
Median annual tax: $1,967
Madison County's median home value of $331,400 combined with its 0.594% rate results in annual property taxes of $1,967, or about $164 monthly. Homeowners with mortgages typically escrow slightly higher amounts.
Verify your home's assessed value
Even in counties with reasonable tax rates, overassessment is common and often goes unchallenged. Madison homeowners should review their assessment notices and consider appealing if the valuation doesn't match market conditions.
How Madison County Compares
Median Annual Property Tax
Madison County
0.59%
Effective rate
Virginia Avg
0.70%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Madison County, Virginia?
How much are property taxes in Madison County?
How does Madison County compare to the Virginia average?
What is the median home value in Madison County, Virginia?
Is Madison County a low property tax area in Virginia?
How does Madison County rank for property taxes in Virginia?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Virginia
Prince Edward County
0.40%
Bath County
0.40%
Nottoway County
0.42%
Mathews County
0.42%
Amelia County
0.43%
Lunenburg County
0.44%
Buchanan County
0.44%
Craig County
0.46%
Bedford County
0.46%
Campbell County
0.46%
Northumberland County
0.48%
Mecklenburg County
0.49%
Halifax County
0.49%
Augusta County
0.49%
Lancaster County
0.49%
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.