Home and mortgage

Madison County, IL Property Tax Calculator

Madison County homeowners pay a median $3,319 a year in property tax, 1.92% of a median $173,000 home: below Illinois's 2.01% but above the national 0.94%.

Your numbers

Property tax a year$3,318The answer

Property tax a year

$3,318

At an effective rate of 1.92%, a $173,000 home pays about $3,318 a year in property tax, $277 a month.

A month (for escrow)
$277
Effective rate on the home
1.92%

Property tax in Madison County by home value, at 1.92%

Home valueA yearA month
$90,000$1,726$144
$130,000$2,493$208
$170,000$3,261$272
$260,000$4,987$416
$350,000$6,713$559

Madison County against Illinois and the US

Effective rateMedian taxMedian home valueMedian household income
Madison County1.92%$3,319$173,000$75,793
Illinois2.01%$5,298$263,300$83,390
United States0.94%$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.

Questions people ask

What is the property tax rate in Madison County?

The effective rate is 1.92%: a median $3,319 a year on a median $173,000 home. That's the 23rd highest of the 28 Illinois counties we cover.

How much is property tax on a $400,000 house in Madison County?

About $7,672 a year, $639 a month, at the county's effective rate, before any exemption.

How does Madison County compare with the rest of Illinois?

Its rate is below the state's 2.01%. Across Illinois, covered counties range from 1.58% to 2.58%.

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 Illinois counties

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Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.