2025 Compare Cities Economy:
Madison, WI vs Lake City, FL

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Highlights
- Household income in Lake City, is 38% less than it is in Madison and is 59% below the National Average.
- Madison unemployment rate is 3.3%.
- Lake City unemployment rate is 4.9%.
 Madison, WILake City, FLUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth37.9%  Unlock33.5%
 Sales Taxes5.5%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$42,693  Unlock$37,638
 Household Income  Unlock$43,396$69,021
 Family Median Income$101,190  Unlock$85,028
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 Est. Households By Income
 Madison, WILake City, FLUnited States
 Income Less Than 15K  Unlock19.0%9.4%
 Income between 15K and 20K3.0%  Unlock3.8%
 Income between 20K and 30K  Unlock15.3%8.1%
 Income between 30K and 40K7.6%  Unlock8.0%
 Income between 40K and 50K  Unlock9.2%7.6%
 Income between 50K and 60K7.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.3%9.6%
 Income between 75K and 100K14.1%  Unlock12.8%
 Income between 100K and 150K  Unlock8.9%16.3%
 Income between 150K and 200K8.0%  Unlock7.8%
 Income greater than 200K  Unlock3.4%9.5%
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 Population By Occupation
 Madison, WILake City, FLUnited States
 Management, business, finance17.0%  Unlock16.4%
 Engineering, computers, science  Unlock5.9%6.5%
 Community, social services2.2%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library9.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.8%2.0%
 Healthcare practitioners and technology7.4%  Unlock6.2%
 Healthcare support  Unlock6.1%3.3%
 Firefighters, law enforcement1.1%  Unlock2.1%
 Food preparation, serving  Unlock8.8%5.4%
 Building maintenance2.4%  Unlock3.6%
 Personal care  Unlock3.2%2.6%
 Sales, office, administrative support16.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair3.9%  Unlock8.1%
 Production, transportation, material moving  Unlock13.3%13.1%
Reviews for Madison    78 Reviews

Unfortunately, a number of these reviews are politically based. Madison remains the only shining star in Wisconsin’s economy. The economy is broadly based, with  More

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Have been living in Madison for almost 3 years. It’s very safe, ppl generally friendly and for a town of its size it has fair number of good restaurants and interesting  More

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Lacks balance and zero accountability.   More

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Reviews for Lake City    6 Reviews

I have been here 7 years and until Covid hit, I thought is was okay despite a large number of Confederate flags. Covid brought the worst in people. I have been  More

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Over 16 years ago

You can always build a place of worship or build Jewish community. The Muslims just build their place of worship here and many Christians have their churches. Why  More

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I have lived all over the country from Missouri, Pennsylvania, and have finally found my niche here in Lake City, Florida. I love it here, and with the church I  More

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