Economy in Madison, Connecticut
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Economy
| Unemployment Rate | 5.80% | 9.10% |
| Recent Job Growth | -0.80% | -0.12% |
| Future Job Growth | 32.60% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $57,204 | $27,067 |
| Household Income | $120,986 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.75% | 12.10% |
| Income between 15K and 25K | 3.78% | 10.18% |
| Income between 25K and 35K | 3.86% | 10.56% |
| Income between 35K and 50K | 5.80% | 14.98% |
| Income between 50K and 75K | 11.43% | 19.53% |
| Income between 75K and 100K | 12.11% | 12.52% |
| Income between 100K and 150K | 21.65% | 12.14% |
| Income between 150K and 250K | 15.60% | 3.91% |
| Income between 250K and 500K | 18.48% | 3.34% |
| Income greater than 500K | 4.52% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 21.94% | 13.81% |
| Professional and Related Occupations | 31.84% | 22.68% |
| Service | 7.68% | 14.51% |
| Sales and Office | 25.81% | 25.22% |
| Farming, Fishing, and Forestry | 0.03% | 0.68% |
| Construction, Extraction, and Maintenance | 5.04% | 9.37% |
| Production, Transportation, and Material Moving | 5.79% | 15.86% |
The unemployment rate in Madison, CT, is 5.80%, with job growth of -0.80%. Future job growth over the next ten years is predicted to be 32.60%.
Madison, CT Taxes
Madison, CT,sales tax rate is 6.00%. Income tax is 5.00%.
Madison, CT Income and Salaries
The income per capita is $57,204, which includes all adults and children. The median household income is $120,986.
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