Madison County, New York Property Taxes
Census Bureau ACS property tax data for New York. Population: 20,047.
The median annual property tax in Madison County is $4,058, which is 14% lower than the New York state average and 111% above the national average. The effective tax rate is 2.30% on a median home value of $176,800. Property taxes represent 5.5% of the median household income in this county.
Median Annual Tax
$4,058
-14% vs State
+111% vs US
Median Home Value
$176,800
-34% vs State
-16% vs US
Effective Tax Rate
2.30%
+12% vs State
+142% vs US
With vs Without Mortgage
With Mortgage
$4,304
$359/mo
Without Mortgage
$3,748
$312/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 | $4,058 +4.4% | 2.30% |
| 2022 | $3,886 +6.3% | 2.39% |
| 2021 | $3,656 +4.0% | 2.42% |
| 2020 | $3,514 +2.7% | 2.51% |
| 2019 | $3,422 | 2.50% |
Tax Burden
Tax-to-Income Ratio
5.5%
of median household income
Median Income
$73,141
per year
Monthly Tax
$338
per month
Other Counties in New York
Essex County
Tax: $3,111/yr Rate: 1.56%
Clinton County
Tax: $3,461/yr Rate: 1.98%
Columbia County
Tax: $4,795/yr Rate: 1.55%
Rensselaer County
Tax: $5,357/yr Rate: 2.19%
Queens County
Tax: $6,130/yr Rate: 0.88%
Yates County
Tax: $3,417/yr Rate: 1.92%
Frequently Asked Questions
What is the average property tax in Madison County, New York? ▼
The median annual property tax in Madison County is $4,058 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 2.30% on a median home value of $176,800.
How does Madison County property tax compare to the national average? ▼
Property taxes in Madison County are 111% above the national average of $1,923. The effective rate of 2.30% 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 $4,304 in annual property taxes, while homeowners without a mortgage pay $3,748. 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 5.5% of the median household income of $73,141. 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.