Home / Select Cities  /  2024 Comparing Madrid, AL vs. Raleigh, NC

2024 Compare Cities Economy:
Madrid, AL vs Raleigh, NC

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Highlights
- Household income in Raleigh, is 58% more than it is in Madrid and is 5% above the National Average.
- Madrid unemployment rate is 3.4%.
- Raleigh unemployment rate is 4.3%.

Economy
 Madrid, ALRaleigh, NCUnited States
 Unemployment Rate3.4%4.3%6.0%
 Recent Job Growth1.2%3.0%1.6%
 Future Job Growth29.7%44.2%33.5%
 Sales Taxes5.0%7.3%6.2%
 Income Taxes5.0%5.3%4.6%
 Income per Cap.$22,407$42,632$37,638
 Household Income$46,250$72,996$69,021
 Family Median Income$44,167$95,393$85,028
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 Est. Households By Income
 Madrid, ALRaleigh, NCUnited States
 Income Less Than 15K7.1%7.4%9.4%
 Income between 15K and 20K12.1%2.8%3.8%
 Income between 20K and 30K10.1%7.4%8.1%
 Income between 30K and 40K15.2%9.2%8.0%
 Income between 40K and 50K8.1%7.8%7.6%
 Income between 50K and 60K8.1%6.7%7.2%
 Income between 60K and 75K11.1%10.0%9.6%
 Income between 75K and 100K14.1%12.9%12.8%
 Income between 100K and 150K14.1%17.0%16.3%
 Income between 150K and 200K0.0%8.6%7.8%
 Income greater than 200K0.0%10.2%9.5%
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 Population By Occupation
 Madrid, ALRaleigh, NCUnited States
 Management, business, finance13.8%21.6%16.4%
 Engineering, computers, science0.0%10.4%6.5%
 Community, social services0.0%1.7%1.8%
 Legal0.0%1.8%1.2%
 Education, library0.9%6.2%6.2%
 Arts, design, media, sports, entertainment0.9%2.7%2.0%
 Healthcare practitioners and technology11.9%5.8%6.2%
 Healthcare support0.9%2.3%3.3%
 Firefighters, law enforcement9.2%1.4%2.1%
 Food preparation, serving9.2%5.1%5.4%
 Building maintenance0.0%2.8%3.6%
 Personal care0.9%2.4%2.6%
 Sales, office, administrative support17.4%21.7%20.9%
 Farming, fishing, forestry1.8%0.1%0.6%
 Construction, extraction, maintenance/repair14.7%5.7%8.1%
 Production, transportation, material moving18.3%8.2%13.1%

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Reviews for Madrid    0 Reviews

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Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 1 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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ZIPS IN MADRID, ALABAMA
No Zip Codes Here.
ZIPS IN RALEIGH, NORTH CAROLINA
27610, 27603, 27616, 27604, 27606, 27613, 27615, 27612, 27614, 27609, 15 total

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