Property taxes in Madison County, Illinois
Homes in Madison County pay about 1.92% of their value in property taxes each year, or about $4,181 on a home at the local median sale price of $217,740. That’s higher than the typical county in Illinois (1.81%).
Effective rate1.92%Of home value per year
Rank in Illinois#40 of 1021 = highest rate
Tax at the median sale price$4,181On $217,740
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $4,800 | $400 |
| $400,000 | $7,680 | $640 |
| $600,000 | $11,520 | $960 |
| $800,000 | $15,360 | $1,280 |
| $1,000,000 | $19,200 | $1,600 |
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, Illinois?
About 1.92% 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 $7,680 a year, or $640 a month.
Counties in Illinois with similar rates
More for Madison County
Madison County loan limitsIllinois closing costsAlhambra 62001 market dataAlton 62002 market dataBethalto 62010 market dataCollinsville 62234 market dataCottage Hills 62018 market dataDorsey 62021 market dataEast Alton 62024 market dataEdwardsville 62025 market dataGlen Carbon 62034 market dataGodfrey 62035 market dataGranite City 62040 market dataHamel 62046 market data
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.