Madera County Property Taxes
The median property tax rate in Madera County is 1.10%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Madera County, the typical annual property tax bill reaches $2,366, which is below the national median of $2,690. Property taxes in Madera County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Madera County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Madera or another part of Madera County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Madera County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$2,451
$2,315
Ownwell’s Madera County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Madera County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Madera County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Madera County, California
Property taxes in Madera play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Madera is 1.10%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Madera set these rates annually, and they can vary significantly between different areas within the county. Each year, Madera estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Bass Lake has one of the higher property tax rates in California at 1.23%, while the city of Raymond boasts one of the lowest at 1.02%. Analyzing how Madera's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Madera County Tax Rate
1.10%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Madera County, California
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ahwahnee | 0.94% | 1.01% | 1.04% | 1.04% | 1.07% |
| Auberry | 1.05% | 1.05% | 1.06% | 1.07% | 1.07% |
| Bass Lake | 1.04% | 1.08% | 1.23% | 1.45% | 1.84% |
| Chowchilla | 0.89% | 1.01% | 1.04% | 1.08% | 1.34% |
| Coarsegold | 0.95% | 0.99% | 1.02% | 1.03% | 1.07% |
| Firebaugh | 0.94% | 1.01% | 1.05% | 1.07% | 1.13% |
| Fresno | 1.07% | 1.10% | 1.11% | 1.11% | 1.11% |
| Friant | 0.83% | 1.04% | 1.07% | 1.07% | 1.07% |
| Madera | 1.01% | 1.08% | 1.12% | 1.16% | 1.36% |
| North Fork | 0.99% | 1.04% | 1.07% | 1.07% | 1.12% |
| Oakhurst | 0.95% | 1.01% | 1.04% | 1.05% | 1.11% |
| O Neals | 0.94% | 1.01% | 1.07% | 1.07% | 1.07% |
| Raymond | 0.83% | 0.97% | 1.02% | 1.03% | 1.05% |
| Wishon | 1.00% | 1.07% | 1.07% | 1.07% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Madera County, California
In Madera County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Madera County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Madera County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Madera County, the highest median tax bill is found in Bass Lake at $4,376, while the lowest is in Firebaugh at $1,256. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Madera County, California
Source: Ownwell
$124,548
$246,691
$368,834
Average Madera County Assessed Value
$222,847
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Madera County, California
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ahwahnee | $99,352 | $175,858 | $279,398 | $407,230 | $537,163 |
| Auberry | $172,102 | $186,794 | $211,282 | $235,769 | $250,461 |
| Bass Lake | $78,712 | $190,150 | $352,694 | $633,287 | $1,093,545 |
| Chowchilla | $63,043 | $111,300 | $196,853 | $300,238 | $409,992 |
| Coarsegold | $134,973 | $190,261 | $273,412 | $369,342 | $459,000 |
| Firebaugh | $48,934 | $87,303 | $124,548 | $203,299 | $301,702 |
| Fresno | $122,105 | $123,375 | $131,592 | $708,596 | $1,733,678 |
| Friant | $206,065 | $248,856 | $364,206 | $540,106 | $625,352 |
| Madera | $85,706 | $135,408 | $216,981 | $326,400 | $448,800 |
| North Fork | $55,048 | $104,371 | $195,840 | $315,296 | $434,677 |
| Oakhurst | $101,301 | $167,982 | $260,100 | $369,907 | $482,951 |
| O Neals | $57,987 | $98,838 | $175,171 | $278,770 | $326,871 |
| Raymond | $37,267 | $81,839 | $185,936 | $295,336 | $427,474 |
| Wishon | $55,551 | $101,113 | $191,304 | $319,223 | $464,003 |
Source: Ownwell
Property Tax Bills Across Madera County, California
In Madera County, CA, property tax bills are calculated based on the assessed value of a property, which is often determined by the purchase price and adjusted annually for inflation. The county applies a tax rate to this assessed value to determine the tax bill. Various factors influence the tax bill, including the property's location, size, and any applicable exemptions or local levies. For homeowners in Madera County, the median home price is $222,847. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,457 and the 75th percentile reaching $3,598. At the 90th percentile, homeowners might see tax bills as high as $5,023. In comparison to the national median property tax rate of 0.99%, Madera County's tax rates can result in substantial differences in annual costs for homeowners. For example, Bass Lake records the highest median tax bill at $4,376, while Firebaugh has the lowest at $1,256. These variations highlight the importance of understanding local tax assessments and their impact on property ownership.
Average Madera County Tax Bill
$2,366
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Madera County, California
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ahwahnee | $953 | $1,739 | $2,800 | $4,251 | $5,557 |
| Auberry | $1,839 | $1,985 | $2,229 | $2,472 | $2,618 |
| Bass Lake | $1,673 | $2,792 | $4,376 | $7,047 | $11,510 |
| Chowchilla | $598 | $1,079 | $2,006 | $3,225 | $4,593 |
| Coarsegold | $1,290 | $1,877 | $2,708 | $3,651 | $4,653 |
| Firebaugh | $491 | $865 | $1,256 | $2,042 | $3,158 |
| Fresno | $1,355 | $1,369 | $1,421 | $7,820 | $19,261 |
| Friant | $2,160 | $2,721 | $3,490 | $4,864 | $6,283 |
| Madera | $912 | $1,457 | $2,311 | $3,544 | $5,002 |
| North Fork | $559 | $1,096 | $2,075 | $3,321 | $4,657 |
| Oakhurst | $1,013 | $1,667 | $2,618 | $3,709 | $4,875 |
| O Neals | $546 | $957 | $1,825 | $2,876 | $3,507 |
| Raymond | $375 | $835 | $1,861 | $2,788 | $4,131 |
| Wishon | $553 | $1,084 | $2,041 | $3,302 | $5,085 |
Source: Ownwell
Don't miss the deadline to appeal!
Links | |
|---|---|
| Madera Tax Assessor | |
| Website | common3.mptsweb.com |