Madison County, Tennessee Property Taxes
Census Bureau ACS property tax data for Tennessee. Population: 24,705.
The median annual property tax in Madison County is $1,161, which is 14% higher than the Tennessee state average and 40% below the national average. The effective tax rate is 0.61% on a median home value of $189,700. Property taxes represent 2.0% of the median household income in this county.
Median Annual Tax
$1,161
+14% vs State
-40% vs US
Median Home Value
$189,700
-6% vs State
-10% vs US
Effective Tax Rate
0.61%
+20% vs State
-36% vs US
With vs Without Mortgage
With Mortgage
$1,212
$101/mo
Without Mortgage
$1,095
$91/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 | $1,161 +5.4% | 0.61% |
| 2022 | $1,101 +6.5% | 0.64% |
| 2021 | $1,034 +1.8% | 0.69% |
| 2020 | $1,016 +4.0% | 0.73% |
| 2019 | $977 | 0.74% |
Tax Burden
Tax-to-Income Ratio
2.0%
of median household income
Median Income
$58,189
per year
Monthly Tax
$97
per month
Other Counties in Tennessee
Hardin County
Tax: $666/yr Rate: 0.43%
Carroll County
Tax: $809/yr Rate: 0.66%
Overton County
Tax: $676/yr Rate: 0.39%
Bradley County
Tax: $1,174/yr Rate: 0.51%
Maury County
Tax: $1,476/yr Rate: 0.48%
Greene County
Tax: $803/yr Rate: 0.43%
Frequently Asked Questions
What is the average property tax in Madison County, Tennessee? ▼
The median annual property tax in Madison County is $1,161 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.61% on a median home value of $189,700.
How does Madison County property tax compare to the national average? ▼
Property taxes in Madison County are 40% below the national average of $1,923. The effective rate of 0.61% 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 $1,212 in annual property taxes, while homeowners without a mortgage pay $1,095. 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 2.0% of the median household income of $58,189. 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.