Madison County, Missouri Property Taxes
Census Bureau ACS property tax data for Missouri. Population: 3,470.
The median annual property tax in Madison County is $1,146, which is 4% lower than the Missouri state average and 40% below the national average. The effective tax rate is 0.74% on a median home value of $155,900. Property taxes represent 2.0% of the median household income in this county.
Median Annual Tax
$1,146
-4% vs State
-40% vs US
Median Home Value
$155,900
-4% vs State
-26% vs US
Effective Tax Rate
0.74%
+1% vs State
-22% vs US
With vs Without Mortgage
With Mortgage
$1,186
$99/mo
Without Mortgage
$1,099
$92/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 | $1,146 +8.9% | 0.74% |
| 2022 | $1,052 +6.2% | 0.83% |
| 2021 | $991 +1.8% | 0.83% |
| 2020 | $973 +3.6% | 0.81% |
| 2019 | $939 | 0.89% |
Tax Burden
Tax-to-Income Ratio
2.0%
of median household income
Median Income
$58,435
per year
Monthly Tax
$96
per month
Other Counties in Missouri
Barton County
Tax: $1,010/yr Rate: 0.74%
Grundy County
Tax: $1,094/yr Rate: 1.02%
Dallas County
Tax: $726/yr Rate: 0.48%
Reynolds County
Tax: $553/yr Rate: 0.46%
Andrew County
Tax: $1,495/yr Rate: 0.76%
St. Francois County
Tax: $1,161/yr Rate: 0.75%
Frequently Asked Questions
What is the average property tax in Madison County, Missouri? ▼
The median annual property tax in Madison County is $1,146 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.74% on a median home value of $155,900.
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 0.74% 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 $1,186 in annual property taxes, while homeowners without a mortgage pay $1,099. 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 $58,435. 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.