Property Tax in Madison County
via TaxByCounty
Madison taxes rank well above average
Madison County's effective tax rate of 1.554% substantially exceeds the national median of 1.099%, placing it around the 70th percentile across U.S. counties. With a median home value of $236,900 and a median property tax of $3,681, Madison residents face one of the higher combined tax burdens in the nation.
Madison's taxes among Iowa's highest
At 1.554%, Madison County's effective rate ranks second-highest in Iowa, exceeded only by Linn County's 1.661%, and well above the state average of 1.344%. The median property tax of $3,681 is 70% higher than Iowa's average of $2,160, reflecting the county's steep tax burden.
Madison taxes tied for regional peak
Madison County's 1.554% rate rivals Linn County (1.661%) as the highest in its region, substantially outpacing Marshall (1.514%), Lucas (1.480%), and Louisa (1.273%). With a median home value of $236,900, Madison residents pay the highest median tax bill of $3,681 in their peer group.
What homeowners pay annually
A typical Madison County homeowner with a median-valued house of $236,900 pays approximately $3,681 per year in property taxes. Those with mortgages face bills averaging $3,719, while those who own outright average $3,597 annually.
You may be paying too much
Madison County homeowners should carefully review their assessed values, as the county's high tax burden makes overassessment particularly costly. Consult with your county assessor or a property tax professional to determine if an appeal is warranted.