Madison, New Haven County, Connecticut Property Taxes
Property Taxes in Madison, Connecticut
Median Madison, Connecticut effective property tax rate: 2.24%, significantly higher than the national median of 1.02%, and lower than the Connecticut state median of 3.05%.
Median Madison, Connecticut home value: $394,800
Median annual Madison, Connecticut tax bill: $8,855, higher than the national median property tax bill of $2,400.
How are property taxes in New Haven calculated?
Property taxes in Madison, Connecticut 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 April 13, 2026
Madison, New Haven County, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.24%
Estimate Property Tax Bill
$8,844
$8,207
How Does the Madison Property Tax Calculator Work?
Use this Madison property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Madison's median effective tax rate of 2.24% — based on actual property records in New Haven County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Madison's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Madison: rates range from 2.24% in 06443 to 2.24% in 06443, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Madison.
About Madison Property Taxes
About Property Taxes in Madison, New Haven, Connecticut
Madison’s median effective property tax rate of 2.24% is lower than the Connecticut state median of 3.05% and higher than the national median of 1.02%. This rate reflects the New Haven County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Madison. Homeowners in the 06443 ZIP code carry a median effective rate of 2.24%, while those in the lowest ZIP code pay 2.24%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across New Haven County. Understanding which part of Madison you live in can make a meaningful difference to your annual tax bill.
Madison homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the February 20, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Madison, New Haven County, Connecticut
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Madison's effective property tax rate to other cities in Connecticut and the median property tax rates in Connecticut and the U.S.
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
2.24%
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 New Haven County Tax Rate
3.34%
Median Effective Connecticut Tax Rate
3.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Madison, New Haven County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06443 | 2.24% | 2.24% | 2.24% | 2.24% | 2.24% |
Source: Ownwell
Property Tax Assessment Values Across Madison, New Haven County, Connecticut
When examining property taxes in Madison, Connecticut, 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 New Haven 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.
Assessment notices:
In New Haven County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 $394,800, with tax bills ranging significantly across the county. 06443 has the highest median home price at $394,800.
Property Tax Assessment Values Across Madison, New Haven County, Connecticut
Source: Ownwell
$98,700
$262,063
$425,425
Median Madison Market Value
$394,800
Median New Haven County Market Value
$186,900
Median Connecticut Market Value
$209,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Madison, New Haven County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06443 | $268,600 | $315,575 | $394,800 | $570,750 | $846,990 |
Source: Ownwell
Property Tax Bills Across Madison, New Haven County, Connecticut
Property tax bills in Madison are based on the assessed value of a home and the local tax rate set by the city and county. For a median home price of $394,800, the bill can vary widely depending on the property’s assessed value and any local exemptions or adjustments that apply.
The typical property tax bill in Madison is well above the national median property tax bill of $2,400, reflecting the higher local tax burden in New Haven County. The 25th percentile tax bill is $7,079, while the 75th percentile is $12,808, and the 90th percentile reaches $19,006. The median tax bill is $8,855 in ZIP code 06443, which is both the highest and lowest median tax bill reported for the city. For homeowners, this means property taxes can take a significant share of housing costs and may affect affordability, monthly budgeting, and long-term ownership decisions.
Median Madison Tax Bill
$8,855
Median New Haven County Tax Bill
$6,696
Median Connecticut Tax Bill
$6,666
Median United States Tax Bill
$2,400
Property Tax Bills Across Madison, New Haven County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06443 | $6,025 | $7,079 | $8,855 | $12,808 | $19,006 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 20 |
Links | |
|---|---|
| New Haven Tax Assessor | |
| Website | gis.vgsi.com |