Madison County, Arkansas Property Taxes
Census Bureau ACS property tax data for Arkansas. Population: 5,044.
The median annual property tax in Madison County is $702, which is 0% higher than the Arkansas state average and 63% below the national average. The effective tax rate is 0.44% on a median home value of $157,800. Property taxes represent 1.3% of the median household income in this county.
Median Annual Tax
$702
+0% vs State
-63% vs US
Median Home Value
$157,800
+20% vs State
-25% vs US
Effective Tax Rate
0.44%
-17% vs State
-54% vs US
With vs Without Mortgage
With Mortgage
$707
$59/mo
Without Mortgage
$700
$58/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 | $702 +19.6% | 0.44% |
| 2022 | $587 +9.7% | 0.40% |
| 2021 | $535 +5.5% | 0.44% |
| 2020 | $507 -5.4% | 0.44% |
| 2019 | $536 | 0.45% |
Tax Burden
Tax-to-Income Ratio
1.3%
of median household income
Median Income
$53,888
per year
Monthly Tax
$59
per month
Other Counties in Arkansas
Greene County
Tax: $792/yr Rate: 0.49%
Mississippi County
Tax: $646/yr Rate: 0.56%
Fulton County
Tax: $494/yr Rate: 0.46%
Montgomery County
Tax: $522/yr Rate: 0.38%
Sevier County
Tax: $536/yr Rate: 0.48%
Sebastian County
Tax: $1,081/yr Rate: 0.65%
Frequently Asked Questions
What is the average property tax in Madison County, Arkansas? ▼
The median annual property tax in Madison County is $702 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.44% on a median home value of $157,800.
How does Madison County property tax compare to the national average? ▼
Property taxes in Madison County are 63% below the national average of $1,923. The effective rate of 0.44% 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 $707 in annual property taxes, while homeowners without a mortgage pay $700. 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 1.3% of the median household income of $53,888. 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.