Home/Idaho/Madison County

Madison County Housing Market

Idaho · 44 counties · Ranked #2839 in home value

Above National Avg

Housing at a Glance

Median Home Value

$365,000

vs national+$365,000 vs $281,900 national

Median Gross Rent

$965/mo

vs national$965 vs $1,163 national

Effective Tax Rate

0.50%

vs national0.50% vs 1.02% national

Median Household Income

$58,259

vs national$58,259 vs $74,755 national

Affordability Ratio

6.3x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$1,813

Tax as % of Home Value

0.50%

Monthly Owner Cost

$1,065

Renter Income

$42,816

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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 $365,000. This is above the national median of $281,900.

How much is rent in Madison County?

The median gross rent in Madison County is $965 per month.

What is the property tax rate in Madison County?

The effective property tax rate in Madison County is 0.50%. The median annual property tax bill is $1,813.

Is Madison County affordable?

With a home-value-to-income ratio of 6.3x, Madison County is considered expensive 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.