Madison County, Nebraska Property Taxes
Census Bureau ACS property tax data for Nebraska. Population: 9,559.
The median annual property tax in Madison County is $2,619, which is 33% higher than the Nebraska state average and 36% above the national average. The effective tax rate is 1.34% on a median home value of $196,000. Property taxes represent 4.1% of the median household income in this county.
Median Annual Tax
$2,619
+33% vs State
+36% vs US
Median Home Value
$196,000
+28% vs State
-7% vs US
Effective Tax Rate
1.34%
+5% vs State
+41% vs US
With vs Without Mortgage
With Mortgage
$2,520
$210/mo
Without Mortgage
$2,808
$234/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 | $2,619 +2.7% | 1.34% |
| 2022 | $2,549 +6.2% | 1.36% |
| 2021 | $2,400 +8.9% | 1.46% |
| 2020 | $2,203 -1.1% | 1.42% |
| 2019 | $2,228 | 1.52% |
Tax Burden
Tax-to-Income Ratio
4.1%
of median household income
Median Income
$64,637
per year
Monthly Tax
$218
per month
Other Counties in Nebraska
Hall County
Tax: $2,854/yr Rate: 1.37%
Washington County
Tax: $4,106/yr Rate: 1.48%
Sioux County
Tax: $1,721/yr Rate: 1.21%
Greeley County
Tax: $1,372/yr Rate: 1.56%
Loup County
Tax: $965/yr Rate: 0.80%
Saline County
Tax: $2,445/yr Rate: 1.35%
Frequently Asked Questions
What is the average property tax in Madison County, Nebraska? ▼
The median annual property tax in Madison County is $2,619 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.34% on a median home value of $196,000.
How does Madison County property tax compare to the national average? ▼
Property taxes in Madison County are 36% above the national average of $1,923. The effective rate of 1.34% 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 $2,520 in annual property taxes, while homeowners without a mortgage pay $2,808. 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 4.1% of the median household income of $64,637. 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.