Madison, Yolo County, California Property Taxes
Median Madison, CA effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Madison, CA home value: $125,592
Median annual Madison, CA tax bill: $1,312, $1,088 lower than the national median property tax bill of $2,400.
How are property taxes in Yolo calculated?
Property taxes in Madison, CA 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 March 1, 2025
Madison, Yolo County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$1,294
$1,200
Property Tax Rates Across Madison, Yolo County, California
Local government entities are responsible for setting tax rates, and these rates can differ significantly within a state. This variation occurs because counties calculate their required budget for services each year and divide it by the total value of all taxable properties in their area, resulting in the property tax rate. Although votes and laws play a role in establishing tax rates and budgets, this is essentially the annual process.
You can compare Madison's effective property tax rate to other cities in California, as well as the median property tax rates in California and the U.S. California's median property tax rate is slightly above the national average of 1.02%. However, Madison's rate aligns with the state's median, showcasing a balanced approach to property taxation. This comparison highlights the importance of understanding local tax rates, as they can impact property owners differently depending on their location. By staying informed, property owners can make better financial decisions and potentially benefit from appealing their property taxes.
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
1.03%
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 Yolo County Tax Rate
1.24%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Madison, Yolo County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95653 | 0.98% | 1.00% | 1.03% | 1.07% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Madison, Yolo County, California
When examining property taxes in Madison, California, 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 Yolo 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.
In Yolo County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 $125,592, with tax bills ranging significantly across the county. Zip code 95653 has the highest median home price at $125,592.
Property Tax Assessment Values Across Madison, Yolo County, California
Source: Ownwell
$125,592
$462,260
$798,928
Median Madison Market Value
$125,592
Median Yolo County Market Value
$366,325
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Madison, Yolo County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95653 | $51,276 | $80,060 | $125,592 | $213,187 | $320,041 |
Source: Ownwell
Property Tax Bills Across Madison, Yolo County, California
Median Madison Tax Bill
$1,312
Median Yolo County Tax Bill
$4,610
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Madison, Yolo County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95653 | $563 | $850 | $1,312 | $2,226 | $3,266 |
Source: Ownwell