Home and mortgage

Madison County, KY Property Tax Calculator

Madison County homeowners pay a median $1,698 a year in property tax, 0.73% of a median $232,000 home: below Kentucky's 0.75% and the national 0.94%.

Your numbers

Property tax a year$1,698The answer

Property tax a year

$1,698

At an effective rate of 0.73%, a $232,000 home pays about $1,698 a year in property tax, $142 a month.

A month (for escrow)
$142
Effective rate on the home
0.73%

Property tax in Madison County by home value, at 0.73%

Home valueA yearA month
$120,000$878$73
$170,000$1,244$104
$230,000$1,684$140
$350,000$2,562$214
$460,000$3,367$281

Madison County against Kentucky and the US

Effective rateMedian taxMedian home valueMedian household income
Madison County0.73%$1,698$232,000$63,351
Kentucky0.75%$1,544$205,600$63,726
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 0.73%: a median $1,698 a year on a median $232,000 home. That's the 11th highest of the 19 Kentucky counties we cover.

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

About $2,928 a year, $244 a month, at the county's effective rate, before any exemption.

How does Madison County compare with the rest of Kentucky?

Its rate is below the state's 0.75%. Across Kentucky, covered counties range from 0.57% to 1.01%.

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 Kentucky counties

Related calculators

Sources

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