Virginia · Madison County · Local exemptions · Updated Oct 2026

Madison County, VA property tax exemptions (2026)

The property tax breaks that are set or run locally in Madison County, on top of Virginia’s statewide rules: what each is worth here, who qualifies, where to apply and the deadline.

What is different in Madison County

Madison County offers a deferral, not an exemption, for owners 65+ or permanently and totally disabled. Taxes on the home and up to 3 acres are postponed and must be repaid, possibly with interest, once you no longer qualify. The limits are $30,000 household income and $75,000 net worth, and applications are due between January 1 and April 1.

Apply at: Madison County Commissioner of the Revenue
Phone: 540-948-4421
Local breaks: Elderly & Handicapped Tax Deferral
Tax year: 2026

Where to apply in Madison County

Madison County Commissioner of the Revenue

Phone: 540-948-4421

Official exemptions page

Local exemptions in Madison County

Senior freeze or deferral

Elderly & Handicapped Tax Deferral

Deferral of real estate tax on the home, the acre it sits on and up to two adjacent acres, in one-year increments; deferred taxes are owed back when you no longer qualify and may include interest or penalty.

Set by: county
Tax year: 2026
Who qualifies: 65+ or permanently and totally disabled on Dec. 31 of the preceding year; title held on January 1; sole dwelling. Preceding-year gross income of owners and resident relatives up to $30,000; financial worth of owner and spouse up to $75,000 excluding the home and up to 3 acres.
Income limit: $30,000 household income; $75,000 net worth
How to apply: Apply to the Commissioner of the Revenue with proof of age or disability and prior-year income and asset records.
Form: Annual Application for Real Estate Tax Deferral for Elderly and Handicapped Persons (PDF)
Deadline: January 1 - April 1 (denied if postmarked after April 1).
Renewal: Every year.

Source: official page

State exemptions that also apply here

These breaks come from Virginia law. Their full rules, forms and deadlines are on the Virginia page.

Real Estate Tax Relief for the Elderly and Disabled (local option)Set by each locality (only where the local government offers it)
Real Estate Tax Deferral for the Elderly and Disabled (local option)(only where the local government offers it)
Real Estate Tax Exemption for Disabled VeteransFull exemption
Exemption for Surviving Spouses of Armed Forces Members Who Died in the Line of DutyFull exemption
Exemption for Surviving Spouses of First Responders Killed in the Line of Duty (local option)Full exemption (only where the local government offers it)

All Virginia property tax exemptions

By group in Virginia: Seniors · Veterans · Disability · Surviving spouses

Savings estimate for Madison County

Roughly what an exemption could save you a year: the value it takes off, times your tax rate.

Exemption

Value taken off ($)

Filled in when the exemption is a fixed dollar amount. You can change it.

Tax rate (%)

Madison County median effective rate: 0.49% (taxes paid as a share of home value). Use your own rate if you know it.

Enter a value and a tax rateChoose an exemption or type the value it takes off.

Median effective rate in Madison County: U.S. Census Bureau, American Community Survey, 2020–2024 5-year estimates, county figures as published by Tax Foundation. It is a county-wide middle value; rates differ by town and school district.

An estimate, not a bill. Nothing you type here is sent anywhere.

Eligibility finder for Madison County

Answer a few questions to see which property tax breaks may fit you. Nothing you type here is sent anywhere.

Do you own the home and live in it as your main home?

Your age, or the year you were born

Leave empty if you'd rather not say.

Are you a veteran?

Do you have a permanent disability?

Are you the surviving spouse of a veteran, service member or first responder?

Yearly household income ($)

Everyone in the home, before taxes. Optional: used only to compare with income limits.

Do you own and live in the home?Answer the first question to see results.

A first check, not a decision: only your county, city or town assessor decides. We read ages, ratings and income limits only where the official rule states them plainly; otherwise we show the rule for you to check.

Document checklist for Madison County

Pick the breaks you plan to apply for. You get a checklist of forms, documents, steps and deadlines to print or keep on your phone.

Questions about property tax exemptions in Madison County

What property tax exemptions are there in Madison County?

Where do I apply for a property tax exemption in Madison County?

Madison County Commissioner of the Revenue Phone: 540-948-4421.

When is the deadline to apply in Madison County?

Elderly & Handicapped Tax Deferral: January 1 - April 1 (denied if postmarked after April 1).

Is there an income limit for Madison County’s local breaks?

Elderly & Handicapped Tax Deferral: $30,000 household income; $75,000 net worth.

Do I have to reapply every year in Madison County?

Elderly & Handicapped Tax Deferral: Every year.

Think your assessed value is too high? See how to appeal in Madison County.

Sources

Madison County – Elderly & Handicapped Tax Deferral
Madison County – Tax Relief
Median effective tax rate for Madison County: U.S. Census Bureau, American Community Survey, 2020–2024 5-year estimates, county figures as published by Tax Foundation. The rate is property taxes paid divided by home value.

Last checked: Oct 2026.