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2024 Compare Cities Economy:
Madison, NJ vs Davidson, NC

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Highlights
- Household income in Davidson, is 7% less than it is in Madison and is 51% above the National Average.
- Madison unemployment rate is 6.2%.
- Davidson unemployment rate is 4.7%.

Economy
 Madison, NJDavidson, NCUnited States
 Unemployment Rate6.2%4.7%6.0%
 Recent Job Growth-0.7%2.7%1.6%
 Future Job Growth23.5%45.6%33.5%
 Sales Taxes6.6%7.3%6.2%
 Income Taxes5.5%5.3%4.6%
 Income per Cap.$79,022$68,507$37,638
 Household Income$152,346$141,845$69,021
 Family Median Income$193,125$176,010$85,028
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 Est. Households By Income
 Madison, NJDavidson, NCUnited States
 Income Less Than 15K4.3%4.9%9.4%
 Income between 15K and 20K0.7%3.0%3.8%
 Income between 20K and 30K2.8%2.5%8.1%
 Income between 30K and 40K3.5%2.2%8.0%
 Income between 40K and 50K4.3%6.0%7.6%
 Income between 50K and 60K3.8%4.8%7.2%
 Income between 60K and 75K6.1%5.8%9.6%
 Income between 75K and 100K7.3%7.7%12.8%
 Income between 100K and 150K15.7%15.6%16.3%
 Income between 150K and 200K14.8%10.4%7.8%
 Income greater than 200K36.5%37.0%9.5%
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 Population By Occupation
 Madison, NJDavidson, NCUnited States
 Management, business, finance26.4%35.1%16.4%
 Engineering, computers, science9.1%5.8%6.5%
 Community, social services0.7%1.8%1.8%
 Legal3.1%2.3%1.2%
 Education, library12.5%11.6%6.2%
 Arts, design, media, sports, entertainment3.5%2.0%2.0%
 Healthcare practitioners and technology2.7%6.1%6.2%
 Healthcare support0.2%0.5%3.3%
 Firefighters, law enforcement2.3%0.5%2.1%
 Food preparation, serving1.8%3.2%5.4%
 Building maintenance1.9%1.7%3.6%
 Personal care3.5%3.2%2.6%
 Sales, office, administrative support23.0%18.3%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair2.6%2.0%8.1%
 Production, transportation, material moving6.7%5.9%13.1%

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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 11 years ago

Madison is  More

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Over 14 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 Davidson    3 Reviews

We just moved here from Chicago about six months ago after visiting Charlotte several time because our son attends UNCC. We happened to visit Davidson to find a new  More

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Over 12 years ago

Granted we just moved to Davidson just a few weeks ago but we find it to be one of the best all-around cities to live in. Close to Charlotte, you have the benefit of  More

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Over 18 years ago

Moved to NC from  More

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ZIPS IN MADISON, NEW JERSEY
07940
ZIPS IN DAVIDSON, NORTH CAROLINA
28036

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