Florida · FIPS 12079 · ACS 2020–2024
Madison County, Florida property tax rate
Homeowners in Madison County paid a median of $965 a year in real estate taxes on a median home value of $116,200 (2020–2024 survey). Taxes came to 0.64% of home value, 18% below the Florida rate of 0.78% and 32% below the U.S. rate of 0.94%.
- 0.64%Effective tax rate±0.18% margin · Florida: 0.78%
- $965Median tax per yearFlorida: $2,730 · U.S.: $3,119
- $116,200Median home valueFlorida: $359,000
- 5,121Owner-occupied homes73% of households own
Small sample. This estimate has a wide margin of error, so treat it as a rough guide.
| Measure | Madison County | Florida | U.S. | Madison County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.64% | 0.78% | 0.94% | 0.68% | −0.04 pts |
| Median tax, all owners | $965 | $2,730 | $3,119 | $928 | +$37 (+4.0%) |
| Median tax, with a mortgage | $1,486 | $2,993 | $3,489 | $1,387 | +$99 (+7.1%) |
| Median tax, no mortgage | $681 | $2,319 | $2,576 | $686 | −$5 (-0.7%) |
| Median home value | $116,200 | $359,000 | $332,700 | $105,900 | +$10,300 (+9.7%) |
| Total taxes paid | $6,782,400 | $21,481,835,400 | $360,573,527,500 | $6,616,100 |
How Madison County compares
- Per $1,000 of home value, owners here paid about $6.41 a year, against $7.79 statewide and $9.40 nationally.
- Homes with a mortgage: 0.85% of value; homes without one: 0.47%. Median bills: $1,486 and $681.
- Compared with the 2019–2023 survey, the effective rate fell (−0.04 pts) and the median tax changed +$37 (+4.0%). The two 5-year surveys share four years of responses, so year-to-year moves are small and partly noise.
- Margin of error: the effective rate is 0.64% ± 0.18% at 90% confidence, from a sample of the 5,121 owner-occupied homes.
Florida counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Gilchrist County | 0.61% | $1,302 | $199,900 |
| Citrus County | 0.63% | $1,430 | $245,500 |
| Escambia County | 0.63% | $1,495 | $257,200 |
| Putnam County | 0.64% | $1,249 | $160,300 |
| Glades County | 0.64% | $1,170 | $137,000 |
| Jefferson County | 0.65% | $1,439 | $232,600 |
| Levy County | 0.65% | $1,201 | $190,600 |
| Hardee County | 0.66% | $1,264 | $153,600 |
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table-based summary file: B25090 (aggregate real estate taxes), B25082 (aggregate home value), B25103 (median real estate taxes), B25077 (median home value) and B25003 (tenure); files dated January 29, 2026.
- U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates, same tables (files dated October 31, 2024), for the comparison column.
- Geography names: Census Bureau Geos20245YR.txt (file dated January 22, 2026).
Effective rate = total real estate taxes paid by owner-occupied homes ÷ their total value, as reported by owners to the Census Bureau. It is not a millage rate. Your bill depends on your assessed value, exemptions (such as homestead) and local levies.