Property Taxes in Madison, North Carolina
Median Madison, North Carolina effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, and lower than the North Carolina state median of 0.81%.
Median Madison, North Carolina home value: $108,400
Median annual Madison, North Carolina tax bill: $816, $1,584 lower than the national median property tax bill of $2,400.
How are property taxes in Stokes calculated?
Property taxes in Madison, North Carolina 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
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 0.81% — based on actual property records in Stokes County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district 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.
Madison's median property tax bill is $816, which is lower than the North Carolina median bill by $1,584 and below the national median property tax rate of 1.02%. By ZIP code, the median bill is the same across the city, with 27025 showing both the highest and lowest median bill at $816.
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, Stokes, North Carolina
Madison’s median effective property tax rate of 0.81% is lower than the North Carolina state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Stokes 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 27025 ZIP code carry a median effective rate of 0.81%, while those in the same ZIP code also pay 0.81%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Stokes 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 May 13, 2025 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, Stokes County, North Carolina
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 North Carolina and the median property tax rates in North Carolina 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
0.81%
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 Stokes County Tax Rate
0.81%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Madison, Stokes County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27025 | 0.49% | 0.81% | 0.81% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Madison, Stokes County, North Carolina
When examining property taxes in Madison, North Carolina, 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 Stokes 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 Stokes County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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. For Madison, the median home price is $108,400, and the median tax bill is $816, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. The highest median home price is in 27025 at $108,400.
Property Tax Assessment Values Across Madison, Stokes County, North Carolina
Source: Ownwell
$87,900
$118,250
$148,600
Median Madison Market Value
$108,400
Median Stokes County Market Value
$131,250
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Madison, Stokes County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27025 | $42,300 | $76,175 | $108,400 | $164,650 | $253,900 |
Source: Ownwell
Property Tax Bills Across Madison, Stokes County, North Carolina
Property tax bills in Madison are based on the assessed value of a home and the local tax rate set by Stokes County and other taxing authorities. When a property is reassessed, the market value is used to estimate what the home would likely sell for, and that value becomes the starting point for the tax bill calculation. For a home with a median price of $108,400, even small changes in assessed value can affect what a homeowner owes each year.
The final bill depends on the assessed value, exemptions, and the combined rates applied by local governments. In Madison, the median tax bill is $816.00, while the 25th percentile is $573 and the 75th percentile is $1,185. At the 90th percentile, bills reach $1,747, showing how much taxes can vary from one homeowner to another.
For homeowners, a higher assessed value usually means a higher tax bill, even if the home has not been sold.
Median Madison Tax Bill
$816
Median Stokes County Tax Bill
$1,047
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Madison, Stokes County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 27025 | $324 | $573 | $816 | $1,185 | $1,747 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 13 |
Links | |
|---|---|
| Stokes Tax Assessor | |
| Website | www.stokescountytax.com |