2024 Compare Cities Economy:
Madison, CT vs Monroe, CT

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Highlights
- Household income in Monroe, is 9% less than it is in Madison and is 46% above the National Average.
- Madison unemployment rate is 5.4%.
- Monroe unemployment rate is 7.3%.
 Madison, CTMonroe, CTUnited States
 Unemployment Rate5.4%7.3%6.0%
 Recent Job Growth-0.4%-0.3%1.6%
 Future Job Growth30.2%26.2%33.5%
 Sales Taxes6.4%6.4%6.2%
 Income Taxes5.0%5.0%4.6%
 Income per Cap.$71,493$53,413$37,638
 Household Income$140,990$127,995$69,021
 Family Median Income$160,045$153,868$85,028
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 Est. Households By Income
 Madison, CTMonroe, CTUnited States
 Income Less Than 15K4.1%3.2%9.4%
 Income between 15K and 20K0.9%2.3%3.8%
 Income between 20K and 30K3.9%5.2%8.1%
 Income between 30K and 40K4.0%1.7%8.0%
 Income between 40K and 50K3.2%6.1%7.6%
 Income between 50K and 60K3.9%3.9%7.2%
 Income between 60K and 75K3.2%4.6%9.6%
 Income between 75K and 100K13.8%10.0%12.8%
 Income between 100K and 150K17.0%21.0%16.3%
 Income between 150K and 200K12.9%15.5%7.8%
 Income greater than 200K33.3%26.5%9.5%
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 Population By Occupation
 Madison, CTMonroe, CTUnited States
 Management, business, finance25.1%28.6%16.4%
 Engineering, computers, science7.6%8.3%6.5%
 Community, social services1.7%1.3%1.8%
 Legal2.2%1.2%1.2%
 Education, library5.5%7.2%6.2%
 Arts, design, media, sports, entertainment6.4%3.8%2.0%
 Healthcare practitioners and technology14.2%6.7%6.2%
 Healthcare support0.7%2.4%3.3%
 Firefighters, law enforcement1.7%4.7%2.1%
 Food preparation, serving5.4%1.9%5.4%
 Building maintenance0.6%2.4%3.6%
 Personal care3.7%1.1%2.6%
 Sales, office, administrative support15.8%15.3%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair3.7%6.4%8.1%
 Production, transportation, material moving5.5%8.6%13.1%
Reviews for Madison    2 Reviews

One of the most sought after towns in Connecticut. High quality schools, vibrant downtown, top notch parks, facilities, and some of the most beautiful beaches in the  More

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Over 4 years ago

baD  More

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Reviews for Monroe    5 Reviews

Over 14 years ago

Monroe is an old Fairfield County village, considered the "boonies" as late as 1978, that has grown into a medium size town. The influx of transients- mostly corporate  More

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Over 15 years ago

Monroe is lacking the usual New England charm that many surrounding towns have. While parts of the Town are pretty, there are many run down shacks and unpleasant  More

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Over 15 years ago

Half the town's government is made up of school teaches, so naturally, 90% of the budget goes to them. Property taxes are typically $8000.00, and then you add personal  More

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