Economy in Madison, Alabama
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Economy
| Unemployment Rate | 5.60% | 9.10% |
| Recent Job Growth | 1.06% | -0.12% |
| Future Job Growth | 36.52% | 31.25% |
| Sales Taxes | 8.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $34,403 | $27,067 |
| Household Income | $77,162 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.92% | 12.10% |
| Income between 15K and 25K | 5.22% | 10.18% |
| Income between 25K and 35K | 7.07% | 10.56% |
| Income between 35K and 50K | 11.68% | 14.98% |
| Income between 50K and 75K | 17.63% | 19.53% |
| Income between 75K and 100K | 16.25% | 12.52% |
| Income between 100K and 150K | 21.98% | 12.14% |
| Income between 150K and 250K | 8.11% | 3.91% |
| Income between 250K and 500K | 4.61% | 3.34% |
| Income greater than 500K | 0.54% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 21.64% | 13.81% |
| Professional and Related Occupations | 37.82% | 22.68% |
| Service | 8.63% | 14.51% |
| Sales and Office | 26.76% | 25.22% |
| Farming, Fishing, and Forestry | 0.01% | 0.68% |
| Construction, Extraction, and Maintenance | 3.82% | 9.37% |
| Production, Transportation, and Material Moving | 9.96% | 15.86% |
The unemployment rate in Madison, AL, is 5.60%, with job growth of 1.06%. Future job growth over the next ten years is predicted to be 36.52%.
Madison, AL Taxes
Madison, AL,sales tax rate is 8.00%. Income tax is 5.00%.
Madison, AL Income and Salaries
The income per capita is $34,403, which includes all adults and children. The median household income is $77,162.
Madison Economy SperlingViews
Only One High School: This city has experienced uncontrolled growth. Plenty of new elementary and middle schools, only one high school. From all indications, it is already over crowded and... (read more)Good place for young family: This is a good city to raise a young family. Good schools and... (read more)Madison in a Nutshell: Have been living here for abt 1 year now. Originally came from Florence AL, where i lived for most of my life. Most of the people i know from here commute into... (read more)Have an opinion about Madison? Leave a commentTo See All SperlingViews for Madison Click Here
