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Madison County, ID Property Tax Calculator

Madison County homeowners pay a median $2,001 a year in property tax, 0.48% of a median $414,800 home: below Idaho's 0.49% and the national 0.94%.

At an effective rate of 0.48%, a $414,800 home pays about $1,999 a year in property tax, $167 a month.

Property tax a year
$1,999
A month (for escrow)
$167
Effective rate on the home
0.48%

Property tax in Madison County by home value, at 0.48%

Home valueA yearA month
$200,000$964$80
$300,000$1,446$121
$400,000$1,928$161
$500,000$2,410$201
$750,000$3,615$301
$1,000,000$4,820$402

Madison County against Idaho and the US

Effective rateMedian taxMedian home valueMedian household income
Madison County0.48%$2,001$414,800$60,160
Idaho0.49%$2,038$418,600$77,800
United States0.94%$3,119$332,700$80,734

How this calculator works

Median real estate taxes paid ÷ median home value in Madison County, from the Census Bureau's American Community Survey 2020–2024 5-year estimates. The calculator starts at the county's median home value and rate.

What it assumes

  • Cities, school districts and special districts within the county levy different rates, so bills vary within it.
  • Survey figures cover 2020 to 2024 and lag recent reassessments.

Questions people ask

What is the property tax rate in Madison County?

The effective rate is 0.48%: a median $2,001 a year on a median $414,800 home. That's the 6th highest of the 8 Idaho counties we cover.

How much is property tax on a $400,000 house in Madison County?

About $1,928 a year, $161 a month, at the county's effective rate, before any exemption.

How does Madison County compare with the rest of Idaho?

Its rate is below the state's 0.49%. Across Idaho, covered counties range from 0.38% to 0.64%.

How do I lower my Madison County property tax?

Apply for every exemption you qualify for, such as a homestead exemption, and appeal your assessment if it is higher than comparable homes sold nearby; the county assessor explains the deadlines.

Other Idaho counties

Related calculators

  • Idaho Property Tax CalculatorIdaho homeowners pay a median $2,038 a year in property tax, 0.49% of a median $418,600 home: the 45th highest effective rate of the 50 states and DC.
  • Idaho Mortgage CalculatorYour monthly mortgage payment in Idaho, with Idaho's effective property tax rate (0.49%) built in, at this week's average rate. The calculator starts at the state's median home value, $418,600.
  • Home Affordability CalculatorThe home price your income supports under the 28/36 guideline lenders use, counting your other debts, down payment, taxes and insurance, at this week's average rate.

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.