Economy in Madison, North Carolina

Economy

Economy	Madison, NC	United States
Unemployment Rate	11.50%	9.10%
Recent Job Growth	-3.84%	-0.12%
Future Job Growth	20.82%	31.25%
Sales Taxes	6.75%	6.80%
Income Taxes	8.25%	6.25%
Income per Cap.	$18,865	$27,067
Household Income	$31,465	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	24.42%	12.10%
Income between 15K and 25K	16.07%	10.18%
Income between 25K and 35K	14.75%	10.56%
Income between 35K and 50K	15.06%	14.98%
Income between 50K and 75K	13.53%	19.53%
Income between 75K and 100K	7.53%	12.52%
Income between 100K and 150K	6.51%	12.14%
Income between 150K and 250K	1.73%	3.91%
Income between 250K and 500K	0.41%	3.34%
Income greater than 500K	0.00%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	12.42%	13.81%
Professional and Related Occupations	18.67%	22.68%
Service	11.18%	14.51%
Sales and Office	21.52%	25.22%
Farming, Fishing, and Forestry	0.57%	0.68%
Construction, Extraction, and Maintenance	9.38%	9.37%
Production, Transportation, and Material Moving	37.73%	15.86%

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

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

Madison Economy SperlingViews