The typical owner-occupied home in Corte Madera is worth about $1,755,200, 2.4 times the California median of $734,700 and 5.3 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 0.57% of their home's value, lower than the California rate of 0.70%. The median household earns $232,763 a year, so the median home costs 7.5 times the median income (7.4 times for California). 69% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
Corte Madera at a glance
| Corte Madera | California | U.S. | |
|---|---|---|---|
| Median home value | $1,755,200 | $734,700 | $332,700 |
| Median property tax paid per year | $10,001 | $5,124 | $3,119 |
| Property tax as a share of value | 0.57% | 0.70% | 0.94% |
| Median household income | $232,763 | $99,122 | $80,734 |
| Homes lived in by their owners | 69% | 56% | 65% |
| Owner homes with a mortgage | 65% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 19.9% | 24.8% | 21.0% |
| Median rent | $3,501 | $2,036 | $1,413 |
| Rent as a share of renters' income | 26.9% | 32.8% | 30.6% |
| Median year homes were built | 1962 | 1976 | 1980 |
| Vacant homes | 3.2% | 7.5% | 10.1% |
| Population | 10,077 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Corte Madera
At this week's average 30-year rate of 7.11%, buying the median Corte Madera home of $1,755,200 with 20% down costs about $11,011 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $14,217, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $471,897 for the 20%-down payment. That payment is 57% of the median Corte Madera household income of $232,763; at that income and 20% down, the 28% guideline points to a home of about $866,000.
The median rent here is $3,501 a month, so owning the median home costs about $7,510 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $351,040 |
|---|---|
| Loan amount | $1,404,160 |
| Principal and interest | $9,446 |
| Property taxes (0.57% a year) | $834 |
| Homeowners insurance (our estimate, 0.5% a year) | $731 |
| PMI | $0 |
| Total per month | $11,011 |
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| Down payment | $61,432 |
|---|---|
| Loan amount | $1,723,409 |
| Principal and interest | $11,593 |
| Property taxes (0.57% a year) | $834 |
| Homeowners insurance (our estimate, 0.5% a year) | $731 |
| FHA mortgage insurance | $1,059 |
| Total per month | $14,217 |
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Questions about home buying in Corte Madera
What is the median home value in Corte Madera?
About $1,755,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Corte Madera?
Homeowners pay a median $10,001 a year, which is about 0.57% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Corte Madera?
For the median home with 20% down at 7.11%, the payment is about $11,011 a month. Keeping that under 28% of gross income takes about $471,897 a year.
More about Corte Madera
- Mortgage Refinance in Corte Madera
- Debt Relief in Corte Madera
- Home Equity Loans in Corte Madera
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data