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2024 Compare Cities Economy:
Palmetto, FL vs Madison, IN

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Highlights
- Household income in Madison, is 7% less than it is in Palmetto and is 46% below the National Average.
- Palmetto unemployment rate is 4.4%.
- Madison unemployment rate is 4.3%.

Economy
 Palmetto, FLMadison, INUnited States
 Unemployment Rate4.4%4.3%6.0%
 Recent Job Growth2.4%-0.5%1.6%
 Future Job Growth45.1%22.3%33.5%
 Sales Taxes7.0%7.0%6.2%
 Income Taxes0.0%3.6%4.6%
 Income per Cap.$29,252$26,459$37,638
 Household Income$50,762$47,392$69,021
 Family Median Income$58,996$67,121$85,028
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 Est. Households By Income
 Palmetto, FLMadison, INUnited States
 Income Less Than 15K12.7%18.7%9.4%
 Income between 15K and 20K4.5%4.3%3.8%
 Income between 20K and 30K10.9%10.4%8.1%
 Income between 30K and 40K8.9%8.7%8.0%
 Income between 40K and 50K12.3%9.6%7.6%
 Income between 50K and 60K10.1%11.9%7.2%
 Income between 60K and 75K8.4%6.7%9.6%
 Income between 75K and 100K10.8%13.5%12.8%
 Income between 100K and 150K11.7%9.0%16.3%
 Income between 150K and 200K3.1%4.6%7.8%
 Income greater than 200K6.4%2.7%9.5%
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 Population By Occupation
 Palmetto, FLMadison, INUnited States
 Management, business, finance13.4%14.9%16.4%
 Engineering, computers, science2.0%4.9%6.5%
 Community, social services2.0%4.0%1.8%
 Legal1.0%0.2%1.2%
 Education, library7.5%5.5%6.2%
 Arts, design, media, sports, entertainment3.3%1.5%2.0%
 Healthcare practitioners and technology2.0%3.5%6.2%
 Healthcare support2.5%1.2%3.3%
 Firefighters, law enforcement4.8%2.7%2.1%
 Food preparation, serving5.8%3.3%5.4%
 Building maintenance5.4%4.2%3.6%
 Personal care2.2%3.6%2.6%
 Sales, office, administrative support20.5%20.0%20.9%
 Farming, fishing, forestry3.1%0.6%0.6%
 Construction, extraction, maintenance/repair12.5%3.9%8.1%
 Production, transportation, material moving11.9%26.2%13.1%

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Reviews for Palmetto    3 Reviews

Over 13 years ago

Best bet for Florida living is newer bedroom communities. Closer to inland parks for canoe and kayak, but a quick drive to the shore. There's not a safe city in the  More

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I am a 40yr old single female who moved to Palmetto about 6 years ago. Since I have been here, I have seen the change in the town. Despite a bad economy, Palmetto  More

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Over 17 years ago

My husband and I are moving from this area because the schools are more than poor. With almost no after school activites or diverse educational choices. If you child  More

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Reviews for Madison    5 Reviews

We have one of the best schools in Indiana (Shaw) and a great downtown area, with something going on all the time. Come join the  More

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We visited downtown Madison over the weekend and had a great, great time! One of the court house which had burned down was sad, but ran into a few great stores. One  More

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Over 16 years ago

Nothing much to do. Low crime  More

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ZIPS IN PALMETTO, FLORIDA
34221
ZIPS IN MADISON, INDIANA
No Zip Codes Here.

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