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2024 Compare Cities Economy:
Loretto, TN vs Madison, AL

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Highlights
- Household income in Madison, is 120% more than it is in Loretto and is 34% above the National Average.
- Loretto unemployment rate is 5.1%.
- Madison unemployment rate is 1.8%.

Economy
 Loretto, TNMadison, ALUnited States
 Unemployment Rate5.1%1.8%6.0%
 Recent Job Growth1.5%3.6%1.6%
 Future Job Growth32.5%43.6%33.5%
 Sales Taxes9.8%6.0%6.2%
 Income Taxes0.0%5.0%4.6%
 Income per Cap.$25,602$48,070$37,638
 Household Income$47,933$105,335$69,021
 Family Median Income$56,500$129,264$85,028
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 Est. Households By Income
 Loretto, TNMadison, ALUnited States
 Income Less Than 15K9.6%4.3%9.4%
 Income between 15K and 20K4.3%2.6%3.8%
 Income between 20K and 30K18.4%3.2%8.1%
 Income between 30K and 40K7.7%4.3%8.0%
 Income between 40K and 50K13.1%7.9%7.6%
 Income between 50K and 60K10.0%6.8%7.2%
 Income between 60K and 75K7.8%6.9%9.6%
 Income between 75K and 100K12.4%12.2%12.8%
 Income between 100K and 150K11.8%20.8%16.3%
 Income between 150K and 200K4.0%17.8%7.8%
 Income greater than 200K0.9%13.2%9.5%
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 Population By Occupation
 Loretto, TNMadison, ALUnited States
 Management, business, finance12.5%21.3%16.4%
 Engineering, computers, science4.1%23.3%6.5%
 Community, social services0.8%2.1%1.8%
 Legal0.0%0.9%1.2%
 Education, library9.9%5.5%6.2%
 Arts, design, media, sports, entertainment1.5%2.1%2.0%
 Healthcare practitioners and technology12.0%8.0%6.2%
 Healthcare support3.4%0.5%3.3%
 Firefighters, law enforcement0.9%1.8%2.1%
 Food preparation, serving4.7%2.8%5.4%
 Building maintenance1.5%1.7%3.6%
 Personal care1.1%1.3%2.6%
 Sales, office, administrative support14.9%15.8%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair9.1%3.5%8.1%
 Production, transportation, material moving23.6%9.2%13.1%

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Reviews for Loretto    0 Reviews

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Reviews for Madison    11 Reviews

My wife and I moved from Atlanta, GA area in 2016 when I retired. We have now lived in Huntsville for 4 years and now in Madison for almost 4 years. We were thinking  More

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Low crime. Traffic not too bad even during peak times. Covert classim and racism. A stick with our own mentality. Not very diverse primarily just blacks and whites.  More

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Madison is nice. The schools are excellent, which is why we chose to live here. The job market is good for anyone with an engineering degree or ex military, but for  More

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ZIPS IN LORETTO, TENNESSEE
38469
ZIPS IN MADISON, ALABAMA
35758 35756

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