In Madison Parish, Louisiana the effective property tax rate is 0.23%. The median homeowner pays $208 a year in real estate taxes on a home with a median value of $90,600. That rate is the 60th highest of the 64 Louisiana counties with published data, and the 3115th highest of 3,132 counties in the United States.
Property tax in Madison Parish
The effective rate is the median real estate tax paid divided by the median home value. The Louisiana statewide average is 0.55%, so Madison Parish is below 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 |
|---|---|---|
| $90,600 (county median) | $210 | $17 |
| $200,000 | $460 | $38 |
| $300,000 | $690 | $58 |
| $400,000 | $920 | $77 |
| $500,000 | $1,150 | $96 |
Home values and incomes
The median home value is $90,600 (60th highest in Louisiana, 2975th highest nationally) and the median household income is $37,267. Homes cost about 2.4 times a typical household's yearly income. Median gross rent is $625 a month. 56.4% of occupied homes are owner-occupied. Homeowners with a mortgage pay a median of $1,248 a year for insurance. For comparison, the Louisiana statewide median home value is $213,867.
Counties near Madison Parish in the Louisiana property tax ranking
| County | Effective rate | Median home value |
|---|---|---|
| Jefferson Davis Parish | 0.28% | $145,000 |
| Pointe Coupee Parish | 0.28% | $174,500 |
| Evangeline Parish | 0.27% | $118,500 |
| Madison Parish | 0.23% | $90,600 |
| Avoyelles Parish | 0.20% | $120,200 |
| West Carroll Parish | 0.20% | $97,600 |
| Allen Parish | 0.18% | $110,800 |
Frequently asked questions
What is the property tax rate in Madison Parish, Louisiana?
The effective property tax rate is 0.23% of home value per year, the 60th highest of 64 counties in Louisiana (Census ACS 2023 5-year estimates).
How much is property tax on a $300,000 home in Madison Parish?
At the county's effective rate of 0.23%, about $690 a year (roughly $58 a month). Your actual bill depends on the assessed value, your school district and exemptions.
What is the median home value in Madison Parish?
The median home value is $90,600 (Census ACS 2023 5-year estimates, owner-occupied homes).
What is the median household income in Madison Parish?
The median household income is $37,267 (Census ACS 2023 5-year estimates).