Mill rate
22.43
$1 per $1,000 assessed
Calculator · Towns · Madison
New Haven County · 3 of 27 in the county
Madison property tax
FY2026 mill rate 22.43. Real property is assessed at 70% of fair market value. Statewide rank: 39 of 169 (lowest mill rate is 1).
Effective rate
1.57%
Tax ÷ market value
Tax on $1.6M
$25,121.60
$2,093.47 / month
MV mill rate
22.43
Secondary; cap 32.46
Buying in Madison? A lender PITI estimate should include about $2,093.47/mo of property tax.
Example taxes in Madison
| Market value | Assessed (70%) | Annual tax | Monthly |
|---|---|---|---|
| $500,000.00 | $350,000.00 | $7,850.50 | $654.21 |
| $1,000,000.00 | $700,000.00 | $15,701.00 | $1,308.42 |
| $1,600,000.00 | $1,120,000.00 | $25,121.60 | $2,093.47 |
| $2,500,000.00 | $1,750,000.00 | $39,252.50 | $3,271.04 |
Compared with nearby towns
Same $1,600,000 house in Madison, Guilford and Branford. Open the live calculator to change the price.
Formula
annual tax = (fair market value × 0.70 × 22.43) ÷ 1,000
For a $1,000,000 home in Madison that is $15,701.00 per year before exemptions and special districts.
Confirm with the Madison assessor.
Fire districts and other special taxing districts can add mills on top of this municipal rate. Exemptions are not applied here. Think the assessment is too high? See how to appeal a CT property assessment.