Madison County, Idaho Property Taxes
Census Bureau ACS property tax data for Idaho. Population: 5,141.
The median annual property tax in Madison County is $1,813, which is 19% higher than the Idaho state average and 6% below the national average. The effective tax rate is 0.50% on a median home value of $365,000. Property taxes represent 3.1% of the median household income in this county.
Median Annual Tax
$1,813
+19% vs State
-6% vs US
Median Home Value
$365,000
+17% vs State
+73% vs US
Effective Tax Rate
0.50%
-2% vs State
-47% vs US
With vs Without Mortgage
With Mortgage
$1,726
$144/mo
Without Mortgage
$1,922
$160/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,813 +4.9% | 0.50% |
| 2022 | $1,729 +9.4% | 0.53% |
| 2021 | $1,581 +9.9% | 0.61% |
| 2020 | $1,439 +1.1% | 0.63% |
| 2019 | $1,423 | 0.65% |
Tax Burden
Tax-to-Income Ratio
3.1%
of median household income
Median Income
$58,259
per year
Monthly Tax
$151
per month
Other Counties in Idaho
Latah County
Tax: $2,333/yr Rate: 0.68%
Camas County
Tax: $1,050/yr Rate: 0.42%
Blaine County
Tax: $2,563/yr Rate: 0.39%
Power County
Tax: $1,577/yr Rate: 0.82%
Valley County
Tax: $1,778/yr Rate: 0.30%
Twin Falls County
Tax: $1,951/yr Rate: 0.67%
Frequently Asked Questions
What is the average property tax in Madison County, Idaho? ▼
The median annual property tax in Madison County is $1,813 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.50% on a median home value of $365,000.
How does Madison County property tax compare to the national average? ▼
Property taxes in Madison County are 6% below the national average of $1,923. The effective rate of 0.50% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Madison County? ▼
In Madison County, homeowners with a mortgage pay a median of $1,726 in annual property taxes, while homeowners without a mortgage pay $1,922. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Madison County? ▼
Property taxes in Madison County represent approximately 3.1% of the median household income of $58,259. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.