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Mississippi · County property tax · ACS 2024

Madison County Property Taxes

The median homeowner in Madison County pays $2,108 a year, an effective rate of 0.68%, modestly above the U.S. average.

$2,108
Median tax / yr · Above-median bill
0.68%
Effective rate · Below-median rate
+6%
vs U.S. average
#46 of 81
rank in MS

The verdict

Homeowners in Madison County pay a median $2,108 a year in property tax, an effective rate of 0.68%, more affordable than 62% of U.S. counties (Census ACS 2024).

$2,108
Median annual tax bill, 2024
0.68%
Effective rate on median home
#1192 of 3135
U.S. counties by tax burden
+6%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($311,100). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for Mississippi. Population: 111,647. Owner-occupied homes: 31,320.

The median annual property tax in Madison County is $2,108, which is 73% higher than the Mississippi state average and 6% above the national average. The effective tax rate is 0.68% on a median home value of $311,100. Property taxes represent 2.5% of the median household income in this county.

Madison County's rate standing among U.S. counties

Primary signal

The effective rate sits near the national middle

Madison County's 0.68% effective rate sits near the middle of 3,135 tracked counties (more affordable than 62%).

Decision signal 2

The bill sits above the Mississippi median

Homeowners in Madison County pay a median annual property tax of $2,108, modestly above the national median and far above the Mississippi state median. On a $311,100 median home, that works out to an effective rate of 0.68% once the local assessment base and millage are combined.

Decision signal 3

Income and the tax bill sit in the middle band

Property taxes in Madison County run within the commonly cited 2%-4% national benchmark, at about 2.5% of the $83,441 median household income.

Decision signal 4

Near the middle of Mississippi counties by effective rate

Madison County ranks #46 of 81 counties in Mississippi by effective rate (43% of in-state counties pay a lower rate).

Informational notice

Figures describe the median homeowner household in Madison County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.

The rate held while the market moved

Madison County sits in the quarter of U.S. counties whose effective rate moved least over this span: 5.1% down, against a median home value that rose 38.7%.

A near-steady rate on a moving market passes that movement straight through: the median bill rose 31.6%, from $1,602 to $2,108.

Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.

Median Annual Tax
$2,108
Above-median bill
+73% vs State +6% vs US
Median Home Value
$311,100
+83% vs State +37% vs US
Effective Tax Rate
0.68%
Below-median rate
-6% vs State -26% vs US

How to read this county's bill

The bill here climbed steeply over 2020-2024, up 32% from $1,602 to $2,108. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.

The heaviest band is also the fullest one here: 8,223 of 31,320 owner-occupied homes (26.3%) report annual real-estate taxes above $3,000. That band has no upper edge in the source, so the county median understates the burden carried by the plurality rather than describing it.

Top-quartile earnings meet a below-median rate, putting the median bill at 2.5% of median household income. Counties in this position span a wide range on the ratio above, because the dollar bill tracks home values rather than the rate.

The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.

What Madison County Homeowners Actually Pay

The single largest group of Madison County homeowners, 8,223 of 31,320 owner-occupied homes (26.3%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.

  • Less than $800 15.5% (4,851)
  • $800 to $1,499 17.6% (5,524)
  • $1,500 to $1,999 10.7% (3,363)
  • $2,000 to $2,999 22.4% (7,029)
  • $3,000 or more 26.3% (8,223)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

2,330 homes here (7.4%) report no real estate tax at all. Exemptions are set by state: how Mississippi handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$2,222
$185/mo
Without Mortgage
$1,867
$156/mo

In Madison County, mortgaged homeowners pay 19% more than those without a mortgage, a gap that typically tracks higher home values rather than a different tax rate.

Madison County's effective rate vs peers

Effective property tax rate (median tax ÷ median home value), ACS 2024.

Madison County 0.68%
Mississippi average 0.72%
U.S. average 0.92%

Madison County's effective rate is higher than 43% of the 81 counties in Mississippi - ranking #46 of 81.

Where Madison County sits among every U.S. county

Effective property tax rate (median tax ÷ median home value)

0.68% Among the most affordable more affordable than 62% of 3,135 U.S. counties

Show national distribution This county 0.00% 4.00% every U.S. county, bucketed by value

Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2024

What changed since 2020

The median bill in Madison County moved from $1,602 in the 2020 release to $2,108 in 2024, a change of about 32%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.

Madison County vs Benchmarks

Metric Madison County Mississippi Avg U.S. Avg
Median Annual Tax Above-median bill $2,108 $1,215 $1,993
Effective Tax Rate Below-median rate 0.68% 0.72% 0.92%
Median Home Value $311,100 $169,800 $227,791
Tax as % of income Above-median income burden 2.5% - -

Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.

Madison County is QUIET · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Mississippi counties.

Madison County rate trail · QUIET

$1,400$1,600$1,800$2,000$2,200 20202021202220232024 $2,108
Madison County ACS median tax 2020–2024: +32% ($1,602 → $2,108).
Year Median Tax (vs prior release) Effective Rate
2024 $2,108 +1.8% 0.68%
2023 $2,071 +10.3% 0.72%
2022 $1,878 +9.5% 0.71%
2021 $1,715 +7.1% 0.73%
2020 $1,602 0.71%

Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.

Madison County: tax-to-income at 2.5%

Tax-to-Income Ratio
2.5%
of median household income
Median Income
$83,441
per year
Monthly Tax
$176
per month

Counties near Madison County's effective rate

On effective rate, Madison County sits nearest Leelanau County (MI), Meade County (KY), Grant County (KY).

On published median-tax change, the nearest matches are Barnwell County (SC), Yuba County (CA), Macon County (NC).

How peers are chosen

These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.

Madison County: only 13% of returns show Schedule A real-estate tax

Tax year 2022: 6,650 of 51,880 returns from Madison County reported real estate taxes, averaging $4,569 - 44% of those reporters sat in the $200k+ AGI band.

What this IRS county file does not say

Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.

Other Counties in Mississippi

View all counties in Mississippi →

Madison County rate FAQs

How does Madison County property tax compare to the national average?
Property taxes in Madison County run modestly above the national median of $1,993, an effective rate of 0.68% versus 0.92% nationally.
What is the average property tax in Madison County, Mississippi?
The median annual property tax in Madison County is $2,108, an effective rate of 0.68% on a $311,100 median home (Census ACS, 2024).
What is the tax affordability score for Madison County?
Madison County, Mississippi scores D (47/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is rate relief at C+ (0.68%). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
Are property taxes increasing in Madison County?
The ACS median property-tax bill for Madison County jumped 31.6% between the 2020 and 2024 5-year releases, from $1,602 to $2,108, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
What percentage of income goes to property taxes in Madison County?
Property taxes in Madison County run within the commonly cited 2%-4% national benchmark, at about 2.5% of the $83,441 median household income.

What to do with Madison County's QUIET rate

Inside Mississippi, Madison County's $2,108 median bill runs high versus the state median - compare the rest of the state before judging the burden. Mississippi overview →

Madison County ranks #46 of 81 Mississippi counties by effective rate - on the lower-burden half of the state ACS set. Mississippi overview →

Nationwide peers by effective rate (then bill)

Rate-first peers for Madison County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.

Similar effective rate

Nearest out-of-state counties by ACS effective rate. This county: 0.68%.

Similar median bill

Nearest out-of-state counties by ACS median annual tax. This county: $2,108/yr. Rate peers are excluded so the two link sets stay distinct.

Read with Madison County

Nearest ABS(median_tax) ACS peers for Madison County (QUIET · MID), replacing the old fixed Keep exploring strip.

QUIET MID

Data vintage and method

Data as of 2024. 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.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Madison County (QUIET · MID) - ACS medians, not a parcel bill.