Mississippi · FIPS 28089 · ACS 2020–2024
Madison County, Mississippi property tax rate
Homeowners in Madison County paid a median of $2,108 a year in real estate taxes on a median home value of $311,100 (2020–2024 survey). Taxes came to 0.62% of home value, 6% above the Mississippi rate of 0.58% and 34% below the U.S. rate of 0.94%.
- 0.62%Effective tax rate±0.05% margin · Mississippi: 0.58%
- $2,108Median tax per yearMississippi: $1,215 · U.S.: $3,119
- $311,100Median home valueMississippi: $169,800
- 31,320Owner-occupied homes71% of households own
| Measure | Madison County | Mississippi | U.S. | Madison County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.62% | 0.58% | 0.94% | 0.63% | −0.01 pts |
| Median tax, all owners | $2,108 | $1,215 | $3,119 | $2,071 | +$37 (+1.8%) |
| Median tax, with a mortgage | $2,222 | $1,459 | $3,489 | $2,184 | +$38 (+1.7%) |
| Median tax, no mortgage | $1,867 | $853 | $2,576 | $1,812 | +$55 (+3.0%) |
| Median home value | $311,100 | $169,800 | $332,700 | $286,300 | +$24,800 (+8.7%) |
| Total taxes paid | $74,614,400 | $1,016,183,000 | $360,573,527,500 | $71,615,000 |
How Madison County compares
- Per $1,000 of home value, owners here paid about $6.20 a year, against $5.84 statewide and $9.40 nationally.
- Rank in Mississippi: 47 of 62 counties from lowest to highest effective rate (among those with reliable estimates). Nationally, 34% of 2,682 counties had a lower rate.
- Homes with a mortgage: 0.65% of value; homes without one: 0.56%. Median bills: $2,222 and $1,867.
- Compared with the 2019–2023 survey, the effective rate fell (−0.01 pts) and the median tax changed +$37 (+1.8%). 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 0.62% ± 0.05% at 90% confidence, from a sample of the 31,320 owner-occupied homes.
Mississippi counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Harrison County | 0.59% | $1,370 | $212,200 |
| Pike County | 0.60% | $975 | $110,800 |
| Marshall County | 0.60% | $1,213 | $167,900 |
| Lawrence County | 0.61% | $674 | $100,000 |
| Tate County | 0.63% | $1,354 | $209,000 |
| Lamar County | 0.63% | $1,479 | $224,700 |
| Lauderdale County | 0.65% | $1,228 | $133,300 |
| Sunflower County | 0.65% | $930 | $100,300 |
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.