Property tax in Madison County, Virginia
The median property tax bill in Madison County, Virginia is $1,968 a year, which is about 0.53% of the county's median home value of $370,300. That effective rate is lower than the typical Virginia county (0.6%) and lower than the national median (0.81%). These are American Community Survey 5-year estimates (2024); your own bill depends on your home's assessed value and any exemptions.
Estimate the property tax on a home in Madison County
Enter a home's market value for a ballpark at Madison County's average effective rate of 0.53% (Census). The real bill depends on the home's assessed value, the millage where it sits and any exemptions.
Estimated property tax: $1,963 / year
Property tax in Madison County at a glance
| Measure | Value |
|---|---|
| Median annual property tax | $1,968 |
| Median home value | $370,300 |
| Effective tax rate | 0.53% |
| Typical Virginia county rate | 0.6% |
| National median county rate | 0.81% |
Effective rate = median real estate taxes paid divided by median home value. Source: U.S. Census Bureau, American Community Survey 5-year estimates.
How does Madison County compare in Virginia?
Among Virginia's 133 counties, Madison County has the 96th highest effective property-tax rate: 95 rank higher and 37 rank lower. That is on the lower side for Virginia. Nationally, it ranks 2549th of 3135 US counties by effective rate. See every Virginia county ranked.
How much do homeowners in Madison County actually pay?
The median is only the middle bill. Across Madison County's 4,265 owner-occupied homes, 18.1% pay $3,000 or more a year in property tax, 48% pay at least $2,000, and 9.1% pay under $800. Another 1.9% report paying no property tax at all, which usually means an exemption covers the whole bill.
| Annual bill | Homes | Share |
|---|---|---|
| Under $800 | 386 | 9.1% |
| $800 to $1,499 | 1,045 | 24.5% |
| $1,500 to $1,999 | 706 | 16.6% |
| $2,000 to $2,999 | 1,276 | 29.9% |
| $3,000 or more | 770 | 18.1% |
| No property tax paid | 82 | 1.9% |
Owners with a mortgage pay a median of $2,127 and owners without one pay $1,820. Owners who have paid off a home have usually held it longer, and in states that cap how fast an existing owner's assessment can rise, long-held homes carry lower assessed values. Census table B25103.
How does the Madison County property tax bill compare with local incomes?
The median property tax bill of $1,968 is about 2% of the median income of Madison County homeowner households, $99,397 a year. That compares two middles, so a retiree in a long-held home can pay a far larger share. 77.8% of Madison County's occupied homes are lived in by their owners; renters pay property tax too, just folded into rent.
Have property taxes gone up in Madison County?
Yes. The median bill went from $1,718 in 2015-2019 to $1,968 in 2020-2024, a 14.6% rise. Over the same span the median home value moved 43.6%, from $257,900 to $370,300. Bills rose more slowly than values, which is what assessment caps and falling millage rates do: the county is taxing a smaller share of each home's worth.
Two Census ACS 5-year periods with no survey years in common, in each period's own dollars. A change counts only if it exceeds the combined 90% margin of error.
Property tax in counties next to Madison County
Madison County borders 5 counties.
| County | Effective rate | Median bill | Median home value |
|---|---|---|---|
| Page County, VA | 0.64% | $1,497 | $233,200 |
| Greene County, VA | 0.61% | $2,086 | $343,300 |
| Orange County, VA | 0.55% | $1,997 | $364,200 |
| Madison County, VA (this county) | 0.53% | $1,968 | $370,300 |
| Culpeper County, VA | 0.52% | $2,141 | $409,200 |
| Rappahannock County, VA | 0.49% | $2,505 | $506,400 |
How is a home assessed in Madison County?
Virginia assesses homes at 100% of market value in every county, Madison County included. How Virginia assesses and reappraises homes.
Is there a homestead exemption in Madison County?
No. Virginia has no general homestead exemption; relief is limited to the elderly and disabled, disabled veterans, and surviving spouses of service members and first responders killed in the line of duty. That is the Virginia rule, and it applies in Madison County. Virginia's exemptions and relief programs in full.
When are property taxes due in Madison County?
Set locally. Each county, city or town bills on its own schedule, commonly semiannually, and sets its own due dates and late penalties. Virginia has no statewide due date.
That is the Virginia rule. Madison County issues and collects the bill, so the dates printed on your statement are the ones that bind you.
How to appeal your Madison County property assessment
You contest the assessed value with the Local Board of Equalization, then circuit court. That is the Virginia rule; Madison County sets the exact dates and forms. The Virginia appeal process step by step.
Virginia rules from primary state sources, reviewed September 7, 2026; sources on the Virginia page.
Work out your own numbers
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How much house can I afford?
Your income, debts and down payment against the 28/36 rule lenders actually use, with Madison County's tax rate to hand.
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Mortgage calculator
Monthly payment with principal, interest, tax and insurance, plus what an extra payment saves you.
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Virginia income tax
Brackets, standard deduction and what Virginia actually taxes.
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Sales tax in Madison County
The other local tax: combined state and local rate for this county.
Sources
- Median real estate taxes paid and median home value for Madison County, Virginia: U.S. Census Bureau, American Community Survey 5-year estimates (2020-2024), tables B25103, B25077, B25102, B25119 and B25003; the five-year comparison uses the 2015-2019 estimates. Neighboring counties: Census county adjacency file.