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Economy in Madison, Virginia

Overview, People, Health, Economy, Housing, Rankings, Climate, Crime
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EconomyMadison, VAUnited States
Unemployment Rate3.40%6.30%
Recent Job Growth4.66%1.18%
Future Job Growth45.90%36.10%
Sales Taxes5.30%6.00%
Income Taxes5.75%4.72%
Income per Cap.$31,533$28,051
Household Income$58,750$53,046
Family Median Income$98,281$64,585
Income Less Than 15K12.66%12.61%
Income between 15K and 20K10.13%5.33%
Income between 20K and 30K6.33%10.57%
Income between 30K and 40K12.66%9.90%
Income between 40K and 50K7.60%8.95%
Income between 50K and 60K1.27%8.08%
Income between 60K and 75K7.60%10.09%
Income between 75K and 100K26.58%12.25%
Income between 100K and 150K11.39%12.82%
Income between 150K and 200K2.53%4.78%
Income greater than 200K1.27%4.64%
Management, business, finance11.83%14.36%
Engineering, computers, science0.00%5.24%
Community, social services0.00%1.66%
Education, library3.23%6.10%
Arts, design, media, sports, entertainment0.00%1.88%
Healthcare practitioners and technology1.08%5.49%
Healthcare support0.00%2.47%
Firefighters, law enforcement2.15%2.24%
Food preparation, serving6.45%5.61%
Building maintenance10.75%3.97%
Personal care0.00%3.54%
Sales, office, administrative support35.48%24.89%
Farming, fishing, forestry0.00%0.73%
Construction, extraction, maintenance/repair29.03%8.56%
Production, transportation, material moving0.00%12.10%

The unemployment rate in Madison, VA, is 3.40%, with job growth of 4.66%. Future job growth over the next ten years is predicted to be 45.90%.

Madison, VA Taxes

Madison, VA,sales tax rate is 5.30%. Income tax is 5.75%.

Madison, VA Income and Salaries

The income per capita is $31,533, which includes all adults and children. The median household income is $58,750.

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