Madison County, MS Property Tax Rate
Homeowners in Madison County pay an effective 0.72% of home value in property tax — about $2,061 a year on the median $286,300 home, below or near the Mississippi county median of 0.73%.
Madison County, MS: 0.72% effective property tax — ~$2,061/yr on the median home.
- Effective rate0.72%
- Median home value$286,300
- Median annual bill$2,061
- MS county median0.73%
- U.S. county median0.84%
Source: U.S. Census ACS 2023 5-year (median taxes paid ÷ median value), compiled June 2026.
Madison County vs. Mississippi and the U.S.
| Effective rate | On the county's $286,300 median home | |
|---|---|---|
| Madison County | 0.72% | $2,061 |
| Mississippi county median | 0.73% | $2,090 |
| U.S. county median | 0.84% | $2,405 |
Median household income here is $78,794, putting the median tax bill at about 2.6% of income. Effective rates fold in homestead exemptions and assessment practice — they're what owners actually pay, which is why they beat statutory rates for comparison.
Highest & lowest rates in Mississippi
| County | Effective rate | Median bill |
|---|---|---|
| Coahoma County | 1.24% | $1,071 |
| Quitman County | 1.15% | $789 |
| Humphreys County | 1.10% | $977 |
| Leflore County | 1.06% | $1,041 |
| Issaquena County | 0.35% | $317 |
| Tunica County | 0.44% | $680 |
| Choctaw County | 0.45% | $470 |
| Smith County | 0.46% | $524 |
Full picture: Mississippi property tax calculator · interactive county atlas · all county pages.
Frequently asked questions
What is the property tax rate in Madison County, MS?
The effective rate is about 0.72% of home value — the median homeowner pays roughly $2,061 a year on a $286,300 median home (ACS 2023 five-year data).
Is Madison County's property tax high?
It's below or near the Mississippi county median (0.73%) and below the U.S. county median (0.84%).
How is the effective rate calculated?
Median real-estate taxes paid ÷ median home value, from the Census American Community Survey — what owners actually pay, after exemptions, rather than the statutory millage.
Sources & methodology
Sources: Census ACS 2023 5-year tables B25103/B25077.
Effective rate = median real-estate taxes ÷ median home value (owner-occupied). Individual bills vary with exemptions, assessment timing and local levies — verify with the county assessor.