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2024 Compare Cities Economy:
Madison, WI vs Elgin, IL

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Highlights
- Household income in Elgin, is 13% more than it is in Madison and is 13% above the National Average.
- Madison unemployment rate is 3.3%.
- Elgin unemployment rate is 9.9%.

Economy
 Madison, WIElgin, ILUnited States
 Unemployment Rate3.3%9.9%6.0%
 Recent Job Growth1.0%1.7%1.6%
 Future Job Growth37.9%28.3%33.5%
 Sales Taxes5.5%8.5%6.2%
 Income Taxes6.3%5.0%4.6%
 Income per Cap.$42,693$31,673$37,638
 Household Income$70,466$79,757$69,021
 Family Median Income$101,190$88,684$85,028
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 Est. Households By Income
 Madison, WIElgin, ILUnited States
 Income Less Than 15K10.1%6.8%9.4%
 Income between 15K and 20K3.0%2.2%3.8%
 Income between 20K and 30K7.5%6.0%8.1%
 Income between 30K and 40K7.6%7.8%8.0%
 Income between 40K and 50K7.2%6.9%7.6%
 Income between 50K and 60K7.1%7.0%7.2%
 Income between 60K and 75K10.4%9.8%9.6%
 Income between 75K and 100K14.1%16.1%12.8%
 Income between 100K and 150K16.9%21.8%16.3%
 Income between 150K and 200K8.0%9.0%7.8%
 Income greater than 200K8.0%6.7%9.5%
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 Population By Occupation
 Madison, WIElgin, ILUnited States
 Management, business, finance17.0%13.6%16.4%
 Engineering, computers, science15.5%5.3%6.5%
 Community, social services2.2%1.4%1.8%
 Legal1.4%0.7%1.2%
 Education, library9.9%4.5%6.2%
 Arts, design, media, sports, entertainment2.6%1.4%2.0%
 Healthcare practitioners and technology7.4%4.1%6.2%
 Healthcare support3.1%2.8%3.3%
 Firefighters, law enforcement1.1%2.0%2.1%
 Food preparation, serving6.4%4.9%5.4%
 Building maintenance2.4%4.8%3.6%
 Personal care2.1%2.7%2.6%
 Sales, office, administrative support16.8%21.9%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair3.9%8.9%8.1%
 Production, transportation, material moving8.1%21.0%13.1%

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Reviews for Madison    78 Reviews

Unfortunately, a number of these reviews are politically based. Madison remains the only shining star in Wisconsin’s economy. The economy is broadly based, with  More

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Have been living in Madison for almost 3 years. It’s very safe, ppl generally friendly and for a town of its size it has fair number of good restaurants and interesting  More

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Lacks balance and zero accountability.   More

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Reviews for Elgin    9 Reviews

When I first moved to Elgin 2 years ago I did not like it. I lived in a mobile home park near the river and highway 90 in a senior community that over prices it's lot  More

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Hi, as a way of updating the post for Elgin and providing a rebuttal for some of the negative reviews, I've decided to post on this board. I've lived in Elgin since  More

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Over 14 years ago

I have lived in Elgin my whole life and it is very sad to read these comments about my town.... I'm a senior at South Elgin High School and I will be graduating this  More

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ZIPS IN MADISON, WISCONSIN
53711, 53704, 53719, 53703, 53705, 53713, 53716, 53714, 53715, 53718, 13 total
ZIPS IN ELGIN, ILLINOIS
60120

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