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Madison County, Florida Property Tax: Rate, Typical Bill & Trends

Homeowners in Madison County pay a median $965 a year in property tax, an effective rate of 0.83% of home value, ranking #9 of 67 Florida counties.

Effective rate0.83%± 0.17 pts · FL 0.76%

Median tax bill$965± $136 · rank #58

Median home value$116,200± $17,507

Tax as % of income2.0%income $48,485 · FL 3.7%

Average millage 202515.17school 5.33 · rank #40

Owner-occupied homes5,121ACS 2020–2024

Key takeaways

Madison County's effective property tax rate is 0.83%, higher than the Florida figure of 0.76%. It ranks #9 of 67 counties (1 = highest).
From the 2009–2013 survey to 2020–2024, the median tax bill rose 27% ($759 → $965) while the median home value rose 43%, so the effective rate went from 0.94% to 0.83%.
The median bill equals 2.0% of the county's median household income ($48,485), compared with 3.7% statewide. That is #55 of 67 on this burden measure.
Local governments levied an average of 15.17 mills in 2025 (#40 of 67). A new homesteaded buyer of a median-value home ($116,200) would owe roughly $1,124 a year at that rate, 1.2× the current median bill, because long-time owners' assessments are held down by Save Our Homes while a sale resets the assessment to market value.
Of its 5 neighboring Florida counties, Hamilton has the highest effective rate (0.73%) and Lafayette the lowest (0.55%). Madison is higher than all of them.
Data caution: effective-rate margin of error is 21% of the estimate (limit 20%). Treat these figures as rough.

Estimate your Madison County property tax

Home value / assessed value ($) Homestead exemption (primary residence) School millage (mills) Non-school millage (mills) Projection: market growth (%/yr) Projection: years from now (0 = off)

Millage defaults are Madison County's average 2025 rates from the Florida Department of Revenue (taxes levied ÷ taxable value). Your parcel's rate depends on its city and special districts. The calculator assumes assessed value equals the value you enter, as for a new purchase. The homestead amounts are for the 2026 tax year: $25,000 off all levies, plus up to $26,411 off non-school levies on assessed value above $50,000. Non-ad valorem assessments are not included.

Trend since 2009–2013

Median real estate taxes paid, Madison County (ACS 5-year, nominal dollars; year = end of 5-year period)

Effective rate (median tax ÷ median value), Madison County

Survey period	Median tax	Median value	Effective rate	Tax % of income
2009–2013	$759	$81,000	0.94%	2.2%
2010–2014	$751	$77,500	0.97%	2.2%
2011–2015	$732	$78,500	0.93%	2.3%
2012–2016	$740	$81,100	0.91%	2.5%
2013–2017	$771	$87,200	0.88%	2.4%
2014–2018	$792	$87,400	0.91%	2.2%
2015–2019	$866	$89,100	0.97%	2.3%
2016–2020	$890	$89,100	1.00%	2.5%
2017–2021	$847	$89,000	0.95%	2.1%
2018–2022	$914	$92,400	0.99%	2.1%
2019–2023	$928	$105,900	0.88%	1.9%
2020–2024	$965	$116,200	0.83%	2.0%

Madison vs. neighboring counties

County	Effective rate	Median bill	Median value	Tax % income	Mills 2025
Madison	0.83%	$965	$116,200	2.0%	15.17
Hamilton	0.73%	$816	$111,200	1.6%	15.21
Suwannee	0.71%	$1,213	$171,600	2.1%	15.66
Taylor	0.65%	$750	$114,600	1.5%	15.43
Jefferson	0.62%	$1,439	$232,600	2.4%	13.87
Lafayette	0.55%	$863	$157,200	1.4%	16.22

Neighbors are counties sharing a boundary, per the Census Bureau county adjacency file. Only Florida counties are shown. Click a column heading to sort.

Frequently asked questions

What is the property tax rate in Madison County, FL?

There is no single rate. Homeowners paid a median $965 on a median home value of $116,200, an effective rate of 0.83% (Census ACS 2020–2024). The average levy was 15.1668 mills in 2025 (Florida Department of Revenue), but each parcel's millage depends on its city and districts.

How much is property tax on a $300,000 home in Madison County?

For a homesteaded home assessed at $300,000, the county's average 2025 millage gives roughly $3,911 a year in ad valorem taxes, before any non-ad valorem assessments. Without homestead the estimate is about $4,550.

Is Madison County property tax high for Florida?

Its effective rate ranks #9 of 67 Florida counties and its median bill ranks #58 (1 = highest). The statewide effective rate is 0.76%.

Why is my bill different from the median?

Florida assessments for homesteaded homes can rise at most 3% a year (or the CPI change, if lower) under Save Our Homes, and they reset to market value after a sale. Non-homestead property has a 10% cap on non-school levies. City millage, special districts, exemptions and non-ad valorem fees all change individual bills.

Where do I check my actual tax bill?

Check the Madison County property appraiser for assessed value and exemptions, and the Madison County tax collector for the bill. This site shows statistical estimates only.

Sources

U.S. Census Bureau, American Community Survey 5-year estimates 2009–2013 through 2020–2024: B25103, B25077, B19013, B25003 (released December 2025 for the latest period). ± values are 90% margins of error.
Florida Department of Revenue, Florida Ad Valorem Valuation and Tax Data Book, Millage and Taxes Levied report, 2025 (Data Extract: November 2025).
Homestead amounts: Florida DOR, Additional Homestead Exemption Adjustment (2026).
See the methodology for definitions and limits.

Not tax advice. Statistical estimates from public data. Exemption rules summarized here are general information for the 2026 tax year and can change (see the Amendment 3 note on the homestead page). Confirm with your county property appraiser.