Economy in Madison, Connecticut
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| Unemployment Rate | 5.00% | 8.60% |
| Recent Job Growth | -0.07% | 0.35% |
| Future Job Growth | 34.86% | 32.10% |
| Sales Taxes | 6.35% | 5.00% |
| Income Taxes | 5.00% | 4.70% |
| Income per Cap. | $51,356 | $26,154 |
| Household Income | $106,648 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.33% | 12.37% |
| Income between 15K and 25K | 4.59% | 10.53% |
| Income between 25K and 35K | 4.18% | 10.88% |
| Income between 35K and 50K | 6.65% | 15.37% |
| Income between 50K and 75K | 14.47% | 20.14% |
| Income between 75K and 100K | 13.61% | 12.41% |
| Income between 100K and 150K | 23.31% | 11.27% |
| Income between 150K and 250K | 19.98% | 5.01% |
| Income between 250K and 500K | 9.08% | 1.86% |
| Income greater than 500K | 0.81% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 23.21% | 14.04% |
| Professional and Related Occupations | 31.33% | 20.61% |
| Service | 7.97% | 14.45% |
| Sales and Office | 27.26% | 26.75% |
| Farming, Fishing, and Forestry | 0.00% | 0.70% |
| Construction, Extraction, and Maintenance | 5.45% | 9.42% |
| Production, Transportation, and Material Moving | 4.79% | 14.05% |
The unemployment rate in Madison, CT, is 5.00%, with job growth of -0.07%. Future job growth over the next ten years is predicted to be 34.86%.
Madison, CT Taxes
Madison, CT,sales tax rate is 6.35%. Income tax is 5.00%.
Madison, CT Income and Salaries
The income per capita is $51,356, which includes all adults and children. The median household income is $106,648.
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