Home›Property Tax›New York›Madison County
County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Madison County, New York

Madison County has an effective property tax rate of 2.27%. On the median home value of $184,600, that's roughly $4,181 per year. Median household income is $75,499.

Effective Property Tax Rate1
2.27%
median tax $4,181 ÷ median home $184,600
Median Home Value1
$184,600
owner-occupied
Median Household Income1
$75,499
per-capita $40,197
Est. Annual Tax on Median Home1
$4,181
at 2.27% effective rate

What you'll pay, at a glance

Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.

MetricMadison CountyNew York (state context)
Effective property tax rate12.27%2.04%
Median home value1$184,600—
State income tax3top rate 10.90%top rate 10.90%
State sales tax38.54% combined8.54% combined

How this is calculated

The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.

About Madison County, NY

Buying in Madison County means weighing higher taxes against lower home prices. At $184,600, the median home value here sits well below what many New York counties command, which softens the blow of an effective rate of 2.265 percent — above the statewide median of 2.040 percent and 19th among New York's 62 counties. That combination yields a median annual tax bill of $4,181. Compare that bill with the county's median household income of $75,499, and the cost stays within reach for many buyers, especially those eyeing Canastota, Cazenovia, or Chittenango. Per-capita income of $40,197 offers another gauge of local earning power. Nationally, the median effective rate is just 0.794 percent, so Madison County taxes run steep by that yardstick, but the lower entry price on a home helps offset the difference.

Frequently asked questions

What is the property tax rate in Madison County, NY?
The effective rate is 2.27% — meaning the median tax bill equals about 2.27% of the median home value.
How much are property taxes on a median home?
On the median home ($184,600), the estimated annual bill is about $4,181.
Is Madison County's rate high or low?
Compare it to the state median of 2.04% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Madison County assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Madison County assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.