Home/Texas/Madison County

Madison County Housing Market

Texas · 254 counties · Ranked #1124 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$149,100

vs national$149,100 vs $281,900 national

Median Gross Rent

$832/mo

vs national$832 vs $1,163 national

Effective Tax Rate

1.15%

vs national+1.15% vs 1.02% national

Median Household Income

$67,128

vs national$67,128 vs $74,755 national

Affordability Ratio

2.2x

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

Rent Burden

19.0%

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

More Housing Data

Property Tax (Median)

$1,722

Tax as % of Home Value

1.15%

Monthly Owner Cost

$728

Renter Income

$35,690

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Mortgage

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Home Search

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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 $149,100. This is below the national median of $281,900.

How much is rent in Madison County?

The median gross rent in Madison County is $832 per month.

What is the property tax rate in Madison County?

The effective property tax rate in Madison County is 1.15%. The median annual property tax bill is $1,722.

Is Madison County affordable?

With a home-value-to-income ratio of 2.2x, 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.