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2024 Compare Cities Economy:
Madison, WI vs Ramsey, NJ

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Highlights
- Household income in Ramsey, is 122% more than it is in Madison and is 56% above the National Average.
- Madison unemployment rate is 3.3%.
- Ramsey unemployment rate is 7.4%.

Economy
 Madison, WIRamsey, NJUnited States
 Unemployment Rate3.3%7.4%6.0%
 Recent Job Growth1.0%-0.5%1.6%
 Future Job Growth37.9%25.3%33.5%
 Sales Taxes5.5%6.6%6.2%
 Income Taxes6.3%5.5%4.6%
 Income per Cap.$42,693$74,281$37,638
 Household Income$70,466$156,473$69,021
 Family Median Income$101,190$180,402$85,028
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 Est. Households By Income
 Madison, WIRamsey, NJUnited States
 Income Less Than 15K10.1%1.2%9.4%
 Income between 15K and 20K3.0%0.9%3.8%
 Income between 20K and 30K7.5%3.2%8.1%
 Income between 30K and 40K7.6%2.8%8.0%
 Income between 40K and 50K7.2%2.2%7.6%
 Income between 50K and 60K7.1%2.0%7.2%
 Income between 60K and 75K10.4%7.5%9.6%
 Income between 75K and 100K14.1%11.2%12.8%
 Income between 100K and 150K16.9%16.5%16.3%
 Income between 150K and 200K8.0%15.4%7.8%
 Income greater than 200K8.0%37.3%9.5%
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 Population By Occupation
 Madison, WIRamsey, NJUnited States
 Management, business, finance17.0%35.5%16.4%
 Engineering, computers, science15.5%5.6%6.5%
 Community, social services2.2%1.5%1.8%
 Legal1.4%2.4%1.2%
 Education, library9.9%9.6%6.2%
 Arts, design, media, sports, entertainment2.6%3.1%2.0%
 Healthcare practitioners and technology7.4%4.4%6.2%
 Healthcare support3.1%0.3%3.3%
 Firefighters, law enforcement1.1%2.1%2.1%
 Food preparation, serving6.4%2.1%5.4%
 Building maintenance2.4%1.9%3.6%
 Personal care2.1%2.4%2.6%
 Sales, office, administrative support16.8%18.5%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair3.9%2.7%8.1%
 Production, transportation, material moving8.1%7.8%13.1%

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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 Ramsey    4 Reviews

Upside: Ramsey is a great town in Bergen County with so much to offer. Schools are good and there is a pretty, compact shopping district. It is less congested than towns  More

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Over 16 years ago

Ramsey has been a great place to have our children grow up in, very low crime rate, top education & close to everything one might  More

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Live here since 1983; brought up my kids here. Want to leave because the it's just too expensive to maintain a decent lifestyle here. My kids don't want to stay either.  More

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ZIPS IN MADISON, WISCONSIN
53711, 53704, 53719, 53703, 53705, 53713, 53716, 53714, 53715, 53718, 13 total
ZIPS IN RAMSEY, NEW JERSEY
07446

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