Property taxes in Madison County, Virginia
Homes in Madison County pay about 0.53% of their value in property taxes each year, or about $2,371 on a home at the local median sale price of $447,332. That’s lower than the typical county in Virginia (0.60%).
Effective rate0.53%Of home value per year
Rank in Virginia#96 of 1331 = highest rate
Tax at the median sale price$2,371On $447,332
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $1,325 | $110 |
| $400,000 | $2,120 | $177 |
| $600,000 | $3,180 | $265 |
| $800,000 | $4,240 | $353 |
| $1,000,000 | $5,300 | $442 |
How accurate is a county rate?
This is a county average: the median tax bill divided by the median home value. Your bill depends on the home’s assessed value, the town and school district, and any exemptions you qualify for. Ask for the home’s current tax bill before you make an offer.
Questions
What is the property tax rate in Madison County, Virginia?
About 0.53% of a home’s value per year, based on U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
How much is property tax on a $400,000 home in Madison County?
About $2,120 a year, or $177 a month.
Counties in Virginia with similar rates
More for Madison County
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Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.