Madison, Limestone County, Alabama Property Taxes
Median Madison, AL effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but higher than the Alabama state median of 0.47%.
Median Madison, AL home value: $316,100
Median annual Madison, AL tax bill: $2,573, $173 higher than the national median property tax bill of $2,400.
How are property taxes in Limestone calculated?
Property taxes in Madison, AL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Madison’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Madison, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Madison, Limestone County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$2,592
$2,405
Property Tax Rates Across Madison, Limestone County, Alabama
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Madison Tax Rate
0.82%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Limestone County Tax Rate
0.42%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Madison, Limestone County, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35756 | 0.34% | 0.63% | 0.82% | 0.85% | 1.34% |
35757 | 0.23% | 0.33% | 0.35% | 0.40% | 0.74% |
35758 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Madison, Limestone County, Alabama
When examining property taxes in Madison, AL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Limestone County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Limestone County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Madison. For example, the median home price in Madison is $316,100, with tax bills ranging significantly across the county. Zip code 35756 has the highest median home price at $320,300.
Property Tax Assessment Values Across Madison, Limestone County, Alabama
Source: Ownwell

$76,600
$201,425
$326,250
Median Madison Market Value
$316,100
Median Limestone County Market Value
$202,600
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Madison, Limestone County, Alabama
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35756 | $165,900 | $235,200 | $320,300 | $435,300 | $531,440 |
35757 | $105,470 | $126,450 | $154,050 | $184,625 | $221,210 |
35758 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Madison, Limestone County, Alabama
In Madison, Limestone County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Homeowners in Madison experience a range of property tax bills, with the 25th percentile paying around $1,141 and the 75th percentile paying approximately $3,732. The highest median tax bill in the area reaches $2,624, which is above the national median property tax bill of $2,400.
Several factors influence the tax bill, including changes in property value and local tax rates. Homeowners can feel the financial impact, especially if property values increase or local rates are adjusted. Ownwell can assist homeowners by providing expert property tax appeal services, potentially reducing their tax burden. By analyzing property assessments and ensuring they are fair, Ownwell helps homeowners save money and ensures they are not overpaying on their property taxes.
Median Madison Tax Bill
$2,573
Median Limestone County Tax Bill
$871
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Madison, Limestone County, Alabama
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
35756 | $645 | $1,218 | $2,624 | $3,756 | $4,722 |
35757 | $284 | $430 | $569 | $814 | $1,034 |
35758 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell