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Economy in Madison, Mississippi

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyMadison, MSUnited States
Unemployment Rate7.20%9.10%
Recent Job Growth2.22%-0.12%
Future Job Growth37.24%31.25%
Sales Taxes7.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$37,564$27,067
Household Income$87,556$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.31%12.10%
Income between 15K and 25K2.19%10.18%
Income between 25K and 35K4.63%10.56%
Income between 35K and 50K10.39%14.98%
Income between 50K and 75K18.56%19.53%
Income between 75K and 100K22.20%12.52%
Income between 100K and 150K24.43%12.14%
Income between 150K and 250K8.30%3.91%
Income between 250K and 500K4.64%3.34%
Income greater than 500K1.34%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations23.61%13.81%
Professional and Related Occupations35.24%22.68%
Service5.99%14.51%
Sales and Office26.32%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance3.77%9.37%
Production, Transportation, and Material Moving4.81%15.86%
Median Household Income

The unemployment rate in Madison, MS, is 7.20%, with job growth of 2.22%. Future job growth over the next ten years is predicted to be 37.24%.

Madison, MS Taxes

Madison, MS,sales tax rate is 7.00%. Income tax is 5.00%.

Madison, MS Income and Salaries

The income per capita is $37,564, which includes all adults and children. The median household income is $87,556.


Madison Economy SperlingViews

Disgusting....: Madison ms is one of the worst places i've lived in yet. first days of school were horrible, people were so mean! the mayor is a psyco freak, who demand all buildings... (read more)best place in mississippi to raise family: Madison is the best place in Mississippi to raise a family. The cost of living is low, public schools are the BEST in the state, people are very friendly. Housing is... (read more)Review of Madison, MS : I moved to madison a little over a year ago. Nice enough place. Too many people crammed into too small an area. Idiot drivers everywhere who will cut you off, run you... (read more)Have an opinion about Madison? Leave a commentTo See All SperlingViews for Madison Click Here