Montana · County property tax · ACS 2024
Madison County Property Taxes
The median homeowner in Madison County pays $1,937 a year, an effective rate of 0.41%, modestly below the U.S. average.
- $1,937
- Median tax / yr · Above-median bill
- 0.41%
- Effective rate · Very low rate
- -3%
- vs U.S. average
- #56 of 56
- rank in MT
The verdict
Homeowners in Madison County pay a median $1,937 a year in property tax, an effective rate of 0.41%, more affordable than 92% of U.S. counties (Census ACS 2024).
- $1,937
- Median annual tax bill, 2024
- 0.41%
- Effective rate on median home
- #246 of 3135
- U.S. counties by tax burden
- -3%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($470,100). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Montana. Population: 9,223. Owner-occupied homes: 3,028.
The median annual property tax in Madison County is $1,937, which is 28% lower than the Montana state average and 3% below the national average. The effective tax rate is 0.41% on a median home value of $470,100. Property taxes represent 2.6% of the median household income in this county.
Madison County's rate standing among U.S. counties
Primary signal
The effective rate is a national tailwind
Madison County's 0.41% effective rate is among the lowest of 3,135 tracked counties: roughly 92% pay a higher rate.
Decision signal 2
High among Montana counties by effective rate
Madison County ranks #56 of 56 counties in Montana by effective rate (0% of in-state counties pay a lower rate).
Decision signal 3
The bill sits below the Montana median
Homeowners in Madison County pay a median annual property tax of $1,937, modestly below the national median and well below the Montana state median. On a $470,100 median home, that works out to an effective rate of 0.41% once the local assessment base and millage are combined.
Decision signal 4
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 2.6% of the $75,250 median household income.
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 gave way faster than almost anywhere
Between the 2020 and 2024 releases the median home value in Madison County rose 48.3%, from $316,900 to $470,100. The effective rate fell 20.4% over the same span, a steeper move than in 84% of U.S. counties.
The median bill still rose 18.0%, to $1,937. Where the rate drops this far and the bill rises anyway, what changed is the value the rate is applied to.
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.
How to read this county's bill
Bills rose across 2020-2024, from $1,641 to $1,937, a gain of 18%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The plurality of owner-occupied homes here falls in the $2,000 to $2,999 band, at 837 of 3,028 (27.6%). This shows the reported distribution around the county median, while individual assessments can vary.
Incomes run above the national midpoint and the rate is in the lowest quarter, leaving the median bill at 2.6% of median household income. Both figures move in the same direction here, so the ratio above is not pulled in two directions the way it is in most counties.
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, 837 of 3,028 owner-occupied homes (27.6%), pays $2,000 to $2,999 a year. The median is one point in this spread, not a typical bill.
- Less than $800 8.9% (270)
- $800 to $1,499 19.7% (596)
- $1,500 to $1,999 21.1% (640)
- $2,000 to $2,999 27.6% (837)
- $3,000 or more 16.7% (507)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
178 homes here (5.9%) report no real estate tax at all. Exemptions are set by state: how Montana handles assessments and appeals.
With vs Without Mortgage
Mortgaged and non-mortgaged homeowners in Madison County pay about the same bill, a 5% gap.
Madison County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Madison County's effective rate is higher than 0% of the 56 counties in Montana - ranking #56 of 56.
Where Madison County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.41% Among the most affordable more affordable than 92% of 3,135 U.S. counties
Show national distribution
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
Among the lowest-taxed counties in the country
At 0.41%, Madison County sits in the lowest 8% of all U.S. counties by effective property-tax rate. A low rate does not by itself mean a low bill: the median here is $1,937, and what a homeowner actually pays depends as much on local home values as on the rate.
Madison County vs Benchmarks
| Metric | Madison County | Montana Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Above-median bill | |||
| Effective Tax Rate Very low rate | |||
| Median Home Value | |||
| Tax as % of income Above-median income burden | 2.6% | - | - |
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 · Montana counties.
Madison County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,937 +7.6% | 0.41% |
| 2023 | $1,800 +6.4% | 0.41% |
| 2022 | $1,692 +4.9% | 0.45% |
| 2021 | $1,613 -1.7% | 0.50% |
| 2020 | $1,641 | 0.52% |
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 2.6%
Counties near Madison County's effective rate
On effective rate, Madison County sits nearest Hickory County (MO), Tangipahoa Parish (LA), Clay County (IN).
On published median-tax change, the nearest matches are Lincoln County (NV), Boone County (IL), Wayne 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.
Similar effective rates
Similar published median-tax changes, 2020–2024
Madison County: only 7% of returns show Schedule A real-estate tax
Tax year 2022: 330 of 4,650 returns from Madison County reported real estate taxes, averaging $4,191 - 33% 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 Montana
Madison County rate FAQs
- What is the average property tax in Madison County, Montana?
- The median annual property tax in Madison County is $1,937, an effective rate of 0.41% on a $470,100 median home (Census ACS, 2024).
- What is the tax affordability score for Madison County?
- Madison County, Montana scores C+ (60/100) 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 A+ (0.41%). 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.
- How does Madison County property tax compare to the national average?
- Property taxes in Madison County run modestly below the national median of $1,993, an effective rate of 0.41% versus 0.92% nationally.
- Are property taxes increasing in Madison County?
- The ACS median property-tax bill for Madison County climbed 18.0% between the 2020 and 2024 5-year releases, from $1,641 to $1,937, 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 2.6% of the $75,250 median household income.
What to do with Madison County's QUIET rate
Inside Montana, Madison County's $1,937 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Montana overview →
Madison County ranks #56 of 56 Montana counties by effective rate - on the lower-burden half of the state ACS set. Montana 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: 0.41%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,937/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
Burt County, NE
ABS(median_tax) peer · tied with Madison County at $1,937/yr; rate 1.32% vs Madison County 0.41%.
Christian County, MO
ABS(median_tax) peer · $1,938/yr (near-tied bill ABS $1); rate 0.70% vs Madison County 0.41%.
Mercer County, PA
ABS(median_tax) peer · $1,936/yr (near-tied bill ABS $1); rate 1.18% vs Madison County 0.41%.
Kingman County, KS
ABS(median_tax) peer · $1,935/yr (near-tied bill ABS $2); rate 1.74% vs Madison County 0.41%.
Montana county set
State ACS overview for every published Montana county rate and median bill.
Assessment cycle basics
Madison County stamps QUIET · MID - how assessed value and millage become the ACS median bill.
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.