In Madison County, Alabama the effective property tax rate is 0.40%. The median homeowner pays $1,081 a year in real estate taxes on a home with a median value of $267,800. That rate is the 11th highest of the 67 Alabama counties with published data, and the 2933rd highest of 3,132 counties in the United States.
Property tax in Madison County
The effective rate is the median real estate tax paid divided by the median home value. The Alabama statewide average is 0.38%, so Madison County is above it. Applying this county's rate to other home prices gives a rough idea of the yearly bill; actual bills depend on the school district, exemptions and the assessed value.
| Home value | Estimated tax per year | Per month |
|---|---|---|
| $200,000 | $800 | $67 |
| $267,800 (county median) | $1,080 | $90 |
| $300,000 | $1,200 | $100 |
| $400,000 | $1,600 | $133 |
| $500,000 | $2,000 | $167 |
Home values and incomes
The median home value is $267,800 (3rd highest in Alabama, 666th highest nationally) and the median household income is $83,528. Homes cost about 3.2 times a typical household's yearly income. Median gross rent is $1,116 a month. 68.8% of occupied homes are owner-occupied. Homeowners with a mortgage pay a median of $1,478 a year for insurance. For comparison, the Alabama statewide median home value is $238,614.
Counties near Madison County in the Alabama property tax ranking
| County | Effective rate | Median home value |
|---|---|---|
| Lowndes County | 0.41% | $80,600 |
| Russell County | 0.41% | $152,300 |
| Escambia County | 0.40% | $122,700 |
| Madison County | 0.40% | $267,800 |
| Bullock County | 0.39% | $79,400 |
| Cherokee County | 0.39% | $165,900 |
| Barbour County | 0.38% | $109,900 |
Frequently asked questions
What is the property tax rate in Madison County, Alabama?
The effective property tax rate is 0.40% of home value per year, the 11th highest of 67 counties in Alabama (Census ACS 2023 5-year estimates).
How much is property tax on a $300,000 home in Madison County?
At the county's effective rate of 0.40%, about $1,200 a year (roughly $100 a month). Your actual bill depends on the assessed value, your school district and exemptions.
What is the median home value in Madison County?
The median home value is $267,800 (Census ACS 2023 5-year estimates, owner-occupied homes).
What is the median household income in Madison County?
The median household income is $83,528 (Census ACS 2023 5-year estimates).