Idaho · FIPS 16065 · ACS 2020–2024
Madison County, Idaho property tax rate
Homeowners in Madison County paid a median of $2,001 a year in real estate taxes on a median home value of $414,800 (2020–2024 survey). Taxes came to 0.54% of home value, 10% above the Idaho rate of 0.50% and 42% below the U.S. rate of 0.94%.
- 0.54%Effective tax rate±0.14% margin · Idaho: 0.50%
- $2,001Median tax per yearIdaho: $2,038 · U.S.: $3,119
- $414,800Median home valueIdaho: $418,600
- 5,363Owner-occupied homes40% of households own
Small sample. This estimate has a wide margin of error, so treat it as a rough guide.
| Measure | Madison County | Idaho | U.S. | Madison County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.54% | 0.50% | 0.94% | 0.54% | no change |
| Median tax, all owners | $2,001 | $2,038 | $3,119 | $1,813 | +$188 (+10.4%) |
| Median tax, with a mortgage | $1,970 | $2,106 | $3,489 | $1,726 | +$244 (+14.1%) |
| Median tax, no mortgage | $2,055 | $1,934 | $2,576 | $1,922 | +$133 (+6.9%) |
| Median home value | $414,800 | $418,600 | $332,700 | $365,000 | +$49,800 (+13.6%) |
| Total taxes paid | $13,160,000 | $1,255,617,400 | $360,573,527,500 | $11,079,700 |
How Madison County compares
- Per $1,000 of home value, owners here paid about $5.43 a year, against $4.95 statewide and $9.40 nationally.
- Homes with a mortgage: 0.59% of value; homes without one: 0.48%. Median bills: $1,970 and $2,055.
- Compared with the 2019–2023 survey, the effective rate rose (no change) and the median tax changed +$188 (+10.4%). The two 5-year surveys share four years of responses, so year-to-year moves are small and partly noise.
- Margin of error: the effective rate is 0.54% ± 0.14% at 90% confidence, from a sample of the 5,363 owner-occupied homes.
Idaho counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Canyon County | 0.50% | $2,011 | $390,000 |
| Minidoka County | 0.51% | $1,261 | $262,600 |
| Clearwater County | 0.51% | $1,443 | $268,200 |
| Bonneville County | 0.53% | $1,858 | $368,800 |
| Ada County | 0.53% | $2,655 | $512,300 |
| Caribou County | 0.53% | $1,341 | $241,500 |
| Shoshone County | 0.54% | $1,334 | $267,400 |
| Lewis County | 0.55% | $1,341 | $225,300 |
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table-based summary file: B25090 (aggregate real estate taxes), B25082 (aggregate home value), B25103 (median real estate taxes), B25077 (median home value) and B25003 (tenure); files dated January 29, 2026.
- U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates, same tables (files dated October 31, 2024), for the comparison column.
- Geography names: Census Bureau Geos20245YR.txt (file dated January 22, 2026).
Effective rate = total real estate taxes paid by owner-occupied homes ÷ their total value, as reported by owners to the Census Bureau. It is not a millage rate. Your bill depends on your assessed value, exemptions (such as homestead) and local levies.