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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Madison, Mississippi, is 3.90%, with job growth of 3.65%. Future job growth over the next ten years is predicted to be 43.40%.

Madison, Mississippi Taxes
Madison, Mississippi,sales tax rate is 7.00%. Income tax is 5.00%.

Madison, Mississippi Income and Salaries

The income per capita is $45,604, which includes all adults and children. The median household income is $99,109.

  ECONOMYMadison, MississippiUnited States
  Unemployment Rate  3.90%5.20%
  Recent Job Growth  3.65%1.59%
  Future Job Growth  43.40%37.98%
  Sales Taxes  7.00%6.00%
  Income Taxes  5.00%4.60%
  Income per Cap.  $45,604$28,555
  Household Income  $99,109$53,482
  Family Median Income  $111,538$65,443
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  4.51%12.55%
  Income between 15K and 20K  2.33%5.36%
  Income between 20K and 30K  3.87%10.42%
  Income between 30K and 40K  5.07%9.80%
  Income between 40K and 50K  6.39%8.80%
  Income between 50K and 60K  6.67%7.90%
  Income between 60K and 75K  8.69%9.93%
  Income between 75K and 100K  13.16%12.16%
  Income between 100K and 150K  22.99%13.01%
  Income between 150K and 200K  10.97%5.04%
  Income greater than 200K  15.34%5.03%
  POPULATION BY OCCUPATION
  Management, business, finance  7.78%14.54%
  Engineering, computers, science  3.33%5.34%
  Community, social services  0.00%1.67%
  Legal  0.00%1.16%
  Education, library  2.22%6.13%
  Arts, design, media, sports, entertainment  0.00%1.91%
  Healthcare practitioners and technology  0.00%5.67%
  Healthcare support  0.00%2.51%
  Firefighters, law enforcement  2.22%2.23%
  Food preparation, serving  1.11%5.76%
  Building maintenance  11.11%4.01%
  Personal care  6.67%3.65%
  Sales, office, administrative support  11.11%24.36%
  Farming, fishing, forestry  3.33%0.73%
  Construction, extraction, maintenance/repair  18.89%8.24%
  Production, transportation, material moving  32.22%12.09%

  ECONOMY MAP

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  4/27/2014
City Planning

Forget everything you've heard about Mississippi. In 30 years, Madison and Ridgeland, sister cities, have grown from being whistle stop railroad communities into two of... (Read More)

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  1/29/2014
Beautiful city-Madison Mississippi

Madison is a beautiful city. I have been leaving here for 1year. Love it!! It's safe and has best school system in Mississippi.... (Read More)

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  12/4/2013
Nice Area to Raise a Family

The Madison County area just north of Jackson is a growning community with excellent school systems both public and private. This provides oppportunity to select the... (Read More)

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