35758 Property Tax Rate

Property owners in ZIP code 35758 (Madison, Alabama) pay a median of $1,706/year in property taxes on homes valued at $336,700. This translates to an effective tax rate of 0.51%, which is 38% above the Alabama state average of 0.37%.

The monthly property tax burden for a median-valued home in 35758 is approximately $142, which factors into escrow payments on mortgages. This ZIP code is located within Madison County. This is $1,101 more than the Alabama average of $605/year.

Compared to similar ZIP codes in Alabama, 35758 has higher property taxes. ZIP codes with similar effective rates include 36088 (0.51%) and 36268 (0.51%).

In Madison, property taxes represent approximately 1.5% of the median household income of $115,780, 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.