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Madison County Housing Market

Arkansas · 75 counties · Ranked #1282 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$157,800

vs national$157,800 vs $281,900 national

Median Gross Rent

$727/mo

vs national$727 vs $1,163 national

Effective Tax Rate

0.44%

vs national0.44% vs 1.02% national

Median Household Income

$53,888

vs national$53,888 vs $74,755 national

Affordability Ratio

2.9x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

23.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$702

Tax as % of Home Value

0.44%

Monthly Owner Cost

$532

Renter Income

$32,364

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Madison County?

The median home value in Madison County is $157,800. This is below the national median of $281,900.

How much is rent in Madison County?

The median gross rent in Madison County is $727 per month.

What is the property tax rate in Madison County?

The effective property tax rate in Madison County is 0.44%. The median annual property tax bill is $702.

Is Madison County affordable?

With a home-value-to-income ratio of 2.9x, Madison County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.