2025 Compare Cities Economy:
Madison, NJ vs Cranford township, NJ

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Highlights
- Household income in Cranford township, is 9% less than it is in Madison and is 50% above the National Average.
- Madison unemployment rate is 6.2%.
- Cranford township unemployment rate is 8.0%.
 Madison, NJCranford township, NJUnited States
 Unemployment Rate  Unlock8.0%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth23.5%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$79,022  Unlock$37,638
 Household Income  Unlock$139,394$69,021
 Family Median Income$193,125  Unlock$85,028
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 Est. Households By Income
 Madison, NJCranford township, NJUnited States
 Income Less Than 15K  Unlock2.7%9.4%
 Income between 15K and 20K0.7%  Unlock3.8%
 Income between 20K and 30K  Unlock3.3%8.1%
 Income between 30K and 40K3.5%  Unlock8.0%
 Income between 40K and 50K  Unlock3.7%7.6%
 Income between 50K and 60K3.8%  Unlock7.2%
 Income between 60K and 75K  Unlock4.9%9.6%
 Income between 75K and 100K7.3%  Unlock12.8%
 Income between 100K and 150K  Unlock16.0%16.3%
 Income between 150K and 200K14.8%  Unlock7.8%
 Income greater than 200K  Unlock28.7%9.5%
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 Population By Occupation
 Madison, NJCranford township, NJUnited States
 Management, business, finance26.4%  Unlock16.4%
 Engineering, computers, science  Unlock7.9%6.5%
 Community, social services0.7%  Unlock1.8%
 Legal  Unlock3.8%1.2%
 Education, library12.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.5%2.0%
 Healthcare practitioners and technology2.7%  Unlock6.2%
 Healthcare support  Unlock0.4%3.3%
 Firefighters, law enforcement2.3%  Unlock2.1%
 Food preparation, serving  Unlock2.8%5.4%
 Building maintenance1.9%  Unlock3.6%
 Personal care  Unlock2.3%2.6%
 Sales, office, administrative support23.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair2.6%  Unlock8.1%
 Production, transportation, material moving  Unlock4.2%13.1%
Reviews for Madison    3 Reviews

I grew up in Madison, and while I seriously appreciate what growing up in the town had to offer, it was a town that I grew out of pretty fast. Madison is small, with  More

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Over 12 years ago

Madison is  More

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Over 15 years ago

The Borough of Madison is located in Morris County. It is 23 miles by car, west of New York City and sits on the Mid-Town Direct rail line. Madison is well know for its  More

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Reviews for Cranford Township    2 Reviews

I came here to raise a family because of the public schools which are very good. Other criteria, low crime, low dirt, home values stable and appreciating 7-10%  More

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Over 15 years ago

This is a very safe town and the people are very  More

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