2025 Compare Cities Economy:
Madeira, OH vs Independence, KY

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Highlights
- Household income in Independence, is 42% less than it is in Madeira and is 17% above the National Average.
- Madeira unemployment rate is 4.4%.
- Independence unemployment rate is 4.3%.
 Madeira, OHIndependence, KYUnited States
 Unemployment Rate  Unlock4.3%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth30.6%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock6.7%4.6%
 Income per Cap.$71,612  Unlock$37,638
 Household Income  Unlock$82,846$69,021
 Family Median Income$168,286  Unlock$85,028
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 Est. Households By Income
 Madeira, OHIndependence, KYUnited States
 Income Less Than 15K  Unlock2.7%9.4%
 Income between 15K and 20K0.2%  Unlock3.8%
 Income between 20K and 30K  Unlock5.3%8.1%
 Income between 30K and 40K2.3%  Unlock8.0%
 Income between 40K and 50K  Unlock5.8%7.6%
 Income between 50K and 60K5.4%  Unlock7.2%
 Income between 60K and 75K  Unlock13.9%9.6%
 Income between 75K and 100K10.6%  Unlock12.8%
 Income between 100K and 150K  Unlock22.8%16.3%
 Income between 150K and 200K16.5%  Unlock7.8%
 Income greater than 200K  Unlock5.2%9.5%
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 Population By Occupation
 Madeira, OHIndependence, KYUnited States
 Management, business, finance37.6%  Unlock16.4%
 Engineering, computers, science  Unlock6.5%6.5%
 Community, social services2.4%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library8.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology9.0%  Unlock6.2%
 Healthcare support  Unlock2.8%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock6.0%5.4%
 Building maintenance1.5%  Unlock3.6%
 Personal care  Unlock2.5%2.6%
 Sales, office, administrative support17.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair1.8%  Unlock8.1%
 Production, transportation, material moving  Unlock16.4%13.1%
Reviews for Madeira    2 Reviews

Over 14 years ago

It's small and nice, with a small school that's pretty good. Should have a school orchestra,  More

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Madeira is typically Midwestern: slightly conservative - politically, fiscally, and socially. It is safe to walk all areas of town and frequently, neighbors wave and  More

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Reviews for Independence    2 Reviews

population and cost of living here is inaccurate. Many people esp. in the Independence area are pouring here from Ohio. The median cost of homes is a generalization if  More

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Over 12 years ago

The Learning Center is a family run childcare service. We pride ourselves in working with parents to ensure the proper learning environment for their children.With a  More

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