Madison, Walton County, Georgia Property Taxes
Property Taxes in Madison, Georgia
Median Madison, Georgia effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, and lower than the Georgia state median of 1.00%.
Median Madison, Georgia home value: $350,010
Median annual Madison, Georgia tax bill: $2,590, $190 higher than the national median property tax bill of $2,400.
How are property taxes in Walton calculated?
Property taxes in Madison, Georgia 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, Walton County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$3,045
$2,826
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 0.87% — based on actual property records in Walton 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 effective tax rate is lower than Georgia's 1.00% state median tax rate, but the median property tax bill is $2,590, which is $190 higher than the state median bill. Your bill may vary by ZIP code within Madison, though the available data shows 30650 at both the highest and lowest median 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, Walton, Georgia
Madison's median effective property tax rate of 0.87% is lower than the Georgia state median of 1.00% and lower than the national median of 1.02%. This rate reflects the Walton County base levy combined with local school district levies and other local charges that shape what homeowners pay.
Property tax rates are not uniform across Madison. Homeowners in ZIP code 30650 carry a median effective rate of 0.87%, and the same ZIP also has the city’s median tax bill of $2,590. That consistency shows how local boundaries can still influence what is assessed and billed across the area.
Madison homeowners who believe their assessed value is too high can file a formal appeal with the Walton County Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill 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, Walton County, Georgia
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 Georgia and the median property tax rates in Georgia and the U.S.
Our median effective property tax rate (tax bill ÷ 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
0.87%
Our median effective property tax rate (tax bill ÷ 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 Walton County Tax Rate
1.04%
Median Effective Georgia Tax Rate
1.00%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Madison, Walton County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30650 | 0.24% | 0.44% | 0.87% | 1.04% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Madison, Walton County, Georgia
When examining property taxes in Madison, Georgia, 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 Walton 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 Walton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 $350,010, with tax bills ranging significantly across the county. 30650 has the highest median home price at $350,010.
Property Tax Assessment Values Across Madison, Walton County, Georgia
Source: Ownwell
$171,925
$304,310
$436,695
Median Madison Market Value
$350,010
Median Walton County Market Value
$328,600
Median Georgia Market Value
$280,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Madison, Walton County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30650 | $154,936 | $263,300 | $350,010 | $508,500 | $601,826 |
Source: Ownwell
Property Tax Bills Across Madison, Walton County, Georgia
Property tax bills in Madison are based on the assessed value of a home, not its market price alone. Local taxing authorities apply the tax rate to that assessed value to determine the annual bill, and the amount can vary depending on exemptions, location, and any changes in assessment.
For homeowners in Madison, the median home price is $350,010, and the median property tax bill is $2,590, which is above the national median property tax bill of $2,400. The 25th percentile tax bill is $1,434, while the 75th percentile is $4,003 and the 90th percentile is $4,567. That spread shows how much property taxes can differ from one home to another, even within the same area.
Because property taxes are tied to assessed value, a higher assessment can mean a larger bill. For homeowners, that affects monthly budgeting and the overall cost of owning a home in Walton County.
Median Madison Tax Bill
$2,590
Median Walton County Tax Bill
$3,025
Median Georgia Tax Bill
$2,476
Median United States Tax Bill
$2,400
Property Tax Bills Across Madison, Walton County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30650 | $462 | $1,434 | $2,590 | $4,003 | $4,567 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Walton Tax Assessor | |
| Website | qpublic.schneidercorp.com |