Madison, Stanton County, Nebraska Property Taxes
Property Taxes in Madison, Nebraska
Median Madison, Nebraska effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Madison, Nebraska home value: $386,635
Median annual Madison, Nebraska tax bill: $3,212, $812 higher than the national median property tax bill of $2,400.
How are property taxes in Stanton calculated?
Property taxes in Madison, Nebraska 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 April 13, 2026
Madison, Stanton County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$3,170
$2,942
How Does the Madison Property Tax Calculator Work?
Use this Madison property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and our calculator applies Madison’s median effective tax rate of 0.82% — based on actual property records in Stanton County — to generate your estimate.
Enter your property’s estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home’s market value. Our calculator applies Madison’s median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Madison, but the median property tax bill is $3,212. That is lower than Nebraska’s median tax rate of 1.39% and higher than the national median property tax rate of 1.02%. It is also $812 higher than the state median property tax bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Madison.
About Madison Property Taxes
About Property Taxes in Madison, Stanton, Nebraska
Madison’s median effective property tax rate of 0.82% is lower than the Nebraska state median of 1.39% and lower than the national median of 1.02%. This rate reflects the Stanton County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Madison. Homeowners in the 68748 ZIP code carry a median effective rate of 0.82%, while those in the same ZIP also pay 0.82%. This reflects how school district boundaries and local assessment districts are drawn across Stanton County. Understanding which part of Madison you live in can make a meaningful difference to your annual tax bill.
Madison homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Madison, Stanton County, Nebraska
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Madison's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Ă· 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 Stanton County Tax Rate
1.04%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Madison, Stanton County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68748 | 0.74% | 0.80% | 0.82% | 0.84% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Madison, Stanton County, Nebraska
When examining property taxes in Madison, Nebraska, 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 Stanton 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.
Assessment notices:
In Stanton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of June.
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 $386,635, with tax bills ranging significantly across the county. 68748 has the highest median home price at $386,635.
Property Tax Assessment Values Across Madison, Stanton County, Nebraska
Source: Ownwell
$171,088
$339,114
$507,140
Median Madison Market Value
$386,635
Median Stanton County Market Value
$188,398
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Madison, Stanton County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68748 | $155,450 | $201,472 | $386,635 | $890,935 | $1,087,775 |
Source: Ownwell
Property Tax Bills Across Madison, Stanton County, Nebraska
Property tax bills in Madison are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value changes, the assessed value can change too, which can raise or lower the bill. For homeowners, that means the amount owed is tied not just to the house itself, but also to how local governments fund services through property taxes.
With a median home price of $386,635, the typical tax bill in this area can be substantial. The 25th percentile tax bill is $1,539, while the 75th percentile is $7,211 and the 90th percentile is $7,792. The median tax bill in ZIP code 68748 is $3,212.
Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Madison homeowners may see bills that vary widely depending on assessed value and local rates.
Median Madison Tax Bill
$3,212
Median Stanton County Tax Bill
$2,018
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Madison, Stanton County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68748 | $968 | $1,539 | $3,212 | $7,211 | $7,792 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Stanton Tax Assessor | |
| Website | beacon.schneidercorp.com |