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2024 Compare Cities Economy:
Madison, WI vs Springfield, MA

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Highlights
- Household income in Springfield, is 39% less than it is in Madison and is 59% below the National Average.
- Madison unemployment rate is 3.3%.
- Springfield unemployment rate is 11.2%.

Economy
 Madison, WISpringfield, MAUnited States
 Unemployment Rate3.3%11.2%6.0%
 Recent Job Growth1.0%3.6%1.6%
 Future Job Growth37.9%31.7%33.5%
 Sales Taxes5.5%6.3%6.2%
 Income Taxes6.3%5.1%4.6%
 Income per Cap.$42,693$23,161$37,638
 Household Income$70,466$43,308$69,021
 Family Median Income$101,190$54,646$85,028
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 Est. Households By Income
 Madison, WISpringfield, MAUnited States
 Income Less Than 15K10.1%19.7%9.4%
 Income between 15K and 20K3.0%6.6%3.8%
 Income between 20K and 30K7.5%11.0%8.1%
 Income between 30K and 40K7.6%9.9%8.0%
 Income between 40K and 50K7.2%8.3%7.6%
 Income between 50K and 60K7.1%6.6%7.2%
 Income between 60K and 75K10.4%8.6%9.6%
 Income between 75K and 100K14.1%11.0%12.8%
 Income between 100K and 150K16.9%11.5%16.3%
 Income between 150K and 200K8.0%4.1%7.8%
 Income greater than 200K8.0%2.6%9.5%
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 Population By Occupation
 Madison, WISpringfield, MAUnited States
 Management, business, finance17.0%8.8%16.4%
 Engineering, computers, science15.5%3.7%6.5%
 Community, social services2.2%4.4%1.8%
 Legal1.4%0.8%1.2%
 Education, library9.9%5.2%6.2%
 Arts, design, media, sports, entertainment2.6%1.6%2.0%
 Healthcare practitioners and technology7.4%5.2%6.2%
 Healthcare support3.1%11.8%3.3%
 Firefighters, law enforcement1.1%2.4%2.1%
 Food preparation, serving6.4%5.8%5.4%
 Building maintenance2.4%3.9%3.6%
 Personal care2.1%3.5%2.6%
 Sales, office, administrative support16.8%19.1%20.9%
 Farming, fishing, forestry0.1%0.5%0.6%
 Construction, extraction, maintenance/repair3.9%5.9%8.1%
 Production, transportation, material moving8.1%17.2%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 Springfield    15 Reviews

Over 5 years ago

Springfield is experiencing a rejeuvenation. Does the city have issues? Of course, what medium-sized city doesn't? During the past year, a new $1 billion MGM  More

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This city has a bad rep that is unwarranted. I just bought a terrific little house in a quiet and friendly neighborhood. Everywhere I go in this town, people are  More

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Over 10 years ago

I just moved to Springfield almost a year now. I moved there because I know the housing stock there is plentiful. It's also very affordable. The most affordable place to  More

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Compare Madison, Wisconsin Cost of Living vs Springfield, Massachusetts Cost of Living: Taxes, Childcare, Groceries, Health...
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ZIPS IN MADISON, WISCONSIN
53711, 53704, 53719, 53703, 53705, 53713, 53716, 53714, 53715, 53718, 13 total
ZIPS IN SPRINGFIELD, MASSACHUSETTS
01109, 01108, 01104, 01118, 01119, 01105, 01107, 01151, 01129, 01128, 11 total

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