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

Madison County has an effective property tax rate of 1.02%. On a home valued at $250,100, homeowners pay approximately $2,541 per year in property taxes.

How much is the average property tax in Madison County?

The median annual property tax payment in Madison County is $2,541. Homeowners with a mortgage pay a median of $2,648, while those without a mortgage pay $2,308.

How does Madison County compare to other counties in Ohio?

Madison County ranks #52 out of 88 counties in Ohio for property tax rates. The county's effective rate of 1.02% is 22% lower than the Ohio average of 1.31%.

Madison County Property Tax Rate

Ohio

1.02%effective rate

Madison County, Ohio has an effective property tax rate of 1.02%, which is 11% higher than the national average of 0.92%. On a home valued at $250,100, homeowners pay approximately $2,541 per year in property taxes. Madison County ranks #52 out of 88 counties in Ohio for property tax rates.

Median Tax Paid🏠

$2,541

Per year

Median Home Value📊

$250,100

2024 estimate

Tax as % of Income💰

2.92%

Median income: $87,045

State Rank📍

#52

of 88 counties in OH

Tax Breakdown

With Mortgage

$2,648

median annual tax

Without Mortgage

$2,308

median annual tax

Homeowners with a mortgage in Madison County pay on average $340 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.

How Madison County Compares

Madison County

1.02%

Ohio Average

1.31%

National Average

0.92%

Top Counties in Ohio

Cuyahoga

2.00%

Montgomery

1.73%

Lucas

1.69%

Lake

1.62%

Greene

1.61%

Delaware

1.60%

Summit

1.53%

Hamilton

1.51%

Ohio Property Tax Exemptions

Available to Madison County homeowners

✓

Homestead

$26,200 reduction in assessed market value (reduces tax bill by approximately $400-$600 depending on local rates)

Homeowners age 65+ or permanently and totally disabled; income limits of $36,100 (adjusted annually)

✓

Disabled Veteran

Up to $50,000 reduction in assessed market value for 100% disabled veterans

Veterans with 100% service-connected disability; no income limit

✓

Owner-Occupancy Credit

2.5% reduction in taxes (non-business credit)

Owner-occupied primary residences

Property Tax Calculator

Estimate your annual property tax in Madison County

Home Value

$50k$2M

Apply homestead exemption ($100,000 school tax reduction)

Estimated Annual Property Tax

$3,060

$255/month · Rate: 1.02%

Quick Facts

Population44,423

Owner-Occupied73.6%

National Rank#1069 of 3,135

Median Income$87,045

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

Learn How to Appeal →

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.