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Economy in Madison, North Carolina

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Economy
EconomyMadison, NCUnited States
Unemployment Rate11.50%9.10%
Recent Job Growth-3.84%-0.12%
Future Job Growth20.82%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income per Cap.$18,865$27,067
Household Income$31,465$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K24.42%12.10%
Income between 15K and 25K16.07%10.18%
Income between 25K and 35K14.75%10.56%
Income between 35K and 50K15.06%14.98%
Income between 50K and 75K13.53%19.53%
Income between 75K and 100K7.53%12.52%
Income between 100K and 150K6.51%12.14%
Income between 150K and 250K1.73%3.91%
Income between 250K and 500K0.41%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.42%13.81%
Professional and Related Occupations18.67%22.68%
Service11.18%14.51%
Sales and Office21.52%25.22%
Farming, Fishing, and Forestry0.57%0.68%
Construction, Extraction, and Maintenance9.38%9.37%
Production, Transportation, and Material Moving37.73%15.86%
Median Household Income

The unemployment rate in Madison, NC, is 11.50%, with job growth of -3.84%. Future job growth over the next ten years is predicted to be 20.82%.

Madison, NC Taxes

Madison, NC,sales tax rate is 6.75%. Income tax is 8.25%.

Madison, NC Income and Salaries

The income per capita is $18,865, which includes all adults and children. The median household income is $31,465.


Madison Economy SperlingViews

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