35757 Property Tax Rate

Property owners in ZIP code 35757 (Madison, Alabama) pay a median of $1,128/year in property taxes on homes valued at $298,800. This translates to an effective tax rate of 0.38%, which is near the Alabama state average of 0.37%.

The monthly property tax burden for a median-valued home in 35757 is approximately $94, which factors into escrow payments on mortgages. This ZIP code is located within Madison County. This is $523 more than the Alabama average of $605/year.

Compared to similar ZIP codes in Alabama, 35757 has lower property taxes. ZIP codes with similar effective rates include 35442 (0.38%) and 35769 (0.38%).

In Madison, property taxes represent approximately 1.1% of the median household income of $105,517, providing context for the relative tax burden on homeowners in this area.

Alabama has no statewide property tax cap; Madison County reassesses property to full market value at sale, and with a median home price of $293,700, expect a significant tax increase from prior-owner levels. Homeowners age 65+ earning under $12,500 annually receive a $5,000 Homestead Exemption — apply to the Madison County Assessor by December 31 to reduce your assessed value. Contact the Madison County Assessor immediately after closing to apply for the homestead exemption and request a property value confirmation to verify the assessed amount.