Madison County, KY Property Tax Calculator
Madison County homeowners pay a median $1,698 a year in property tax, 0.73% of a median $232,000 home: below Kentucky's 0.75% and the national 0.94%.
Property tax in Madison County by home value, at 0.73%
| Home value | A year | A month |
|---|---|---|
| $200,000 | $1,464 | $122 |
| $300,000 | $2,196 | $183 |
| $400,000 | $2,928 | $244 |
| $500,000 | $3,660 | $305 |
| $750,000 | $5,490 | $458 |
| $1,000,000 | $7,320 | $610 |
Madison County against Kentucky and the US
| Effective rate | Median tax | Median home value | Median household income | |
|---|---|---|---|---|
| Madison County | 0.73% | $1,698 | $232,000 | $63,351 |
| Kentucky | 0.75% | $1,544 | $205,600 | $63,726 |
| United States | 0.94% | $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 0.73%: a median $1,698 a year on a median $232,000 home. That's the 11th highest of the 19 Kentucky counties we cover.
How much is property tax on a $400,000 house in Madison County?
About $2,928 a year, $244 a month, at the county's effective rate, before any exemption.
How does Madison County compare with the rest of Kentucky?
Its rate is below the state's 0.75%. Across Kentucky, covered counties range from 0.57% to 1.01%.
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 Kentucky counties
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Sources
Updated by the RateHerald team. The maths is tested against worked examples; report a problem.