Madison County, Mississippi Property Taxes
Census Bureau ACS property tax data for Mississippi. Population: 30,774.
The median annual property tax in Madison County is $2,071, which is 122% higher than the Mississippi state average and 8% above the national average. The effective tax rate is 0.72% on a median home value of $286,300. Property taxes represent 2.6% of the median household income in this county.
Median Annual Tax
$2,071
+122% vs State
+8% vs US
Median Home Value
$286,300
+124% vs State
+35% vs US
Effective Tax Rate
0.72%
-3% vs State
-24% vs US
With vs Without Mortgage
With Mortgage
$2,184
$182/mo
Without Mortgage
$1,812
$151/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 | $2,071 +10.3% | 0.72% |
| 2022 | $1,878 +9.5% | 0.71% |
| 2021 | $1,715 +7.1% | 0.73% |
| 2020 | $1,602 +2.0% | 0.71% |
| 2019 | $1,571 | 0.72% |
Tax Burden
Tax-to-Income Ratio
2.6%
of median household income
Median Income
$78,794
per year
Monthly Tax
$173
per month
Other Counties in Mississippi
Yalobusha County
Tax: $800/yr Rate: 0.82%
Lee County
Tax: $1,356/yr Rate: 0.72%
Monroe County
Tax: $859/yr Rate: 0.75%
Marshall County
Tax: $1,286/yr Rate: 0.75%
Newton County
Tax: $821/yr Rate: 0.80%
Pike County
Tax: $1,027/yr Rate: 0.93%
Frequently Asked Questions
What is the average property tax in Madison County, Mississippi? ▼
The median annual property tax in Madison County is $2,071 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.72% on a median home value of $286,300.
How does Madison County property tax compare to the national average? ▼
Property taxes in Madison County are 8% above the national average of $1,923. The effective rate of 0.72% 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 $2,184 in annual property taxes, while homeowners without a mortgage pay $1,812. 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 2.6% of the median household income of $78,794. 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.