2025 Compare Cities Economy:
New Hope, AL vs Madison, AL

Change Cities
Highlights
- Household income in Madison, is 46% more than it is in New Hope and is 34% above the National Average.
- New Hope unemployment rate is 2.5%.
- Madison unemployment rate is 1.8%.
 New Hope, ALMadison, ALUnited States
 Unemployment Rate  Unlock1.8%6.0%
 Recent Job Growth  Unlock3.6%1.6%
 Future Job Growth40.8%  Unlock33.5%
 Sales Taxes5.5%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$26,633  Unlock$37,638
 Household Income  Unlock$105,335$69,021
 Family Median Income$86,750  Unlock$85,028
 space
 Est. Households By Income
 New Hope, ALMadison, ALUnited States
 Income Less Than 15K  Unlock4.3%9.4%
 Income between 15K and 20K4.5%  Unlock3.8%
 Income between 20K and 30K  Unlock3.2%8.1%
 Income between 30K and 40K5.6%  Unlock8.0%
 Income between 40K and 50K  Unlock7.9%7.6%
 Income between 50K and 60K4.5%  Unlock7.2%
 Income between 60K and 75K  Unlock6.9%9.6%
 Income between 75K and 100K9.8%  Unlock12.8%
 Income between 100K and 150K  Unlock20.8%16.3%
 Income between 150K and 200K3.6%  Unlock7.8%
 Income greater than 200K  Unlock13.2%9.5%
 space1
 Population By Occupation
 New Hope, ALMadison, ALUnited States
 Management, business, finance6.7%  Unlock16.4%
 Engineering, computers, science  Unlock23.3%6.5%
 Community, social services0.5%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library1.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.1%2.0%
 Healthcare practitioners and technology14.9%  Unlock6.2%
 Healthcare support  Unlock0.5%3.3%
 Firefighters, law enforcement1.4%  Unlock2.1%
 Food preparation, serving  Unlock2.8%5.4%
 Building maintenance4.4%  Unlock3.6%
 Personal care  Unlock1.3%2.6%
 Sales, office, administrative support24.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair6.3%  Unlock8.1%
 Production, transportation, material moving  Unlock9.2%13.1%
Reviews for New Hope    0 Reviews

Start Your Review of New Hope

Reviews for Madison    11 Reviews

Over 1 years ago

My wife and I moved from Atlanta, GA area in 2016 when I retired. We have now lived in Huntsville for 4 years and now in Madison for almost 4 years. We were thinking  More

   |    Reply

Low crime. Traffic not too bad even during peak times. Covert classim and racism. A stick with our own mentality. Not very diverse primarily just blacks and whites.  More

   |    Reply

Madison is nice. The schools are excellent, which is why we chose to live here. The job market is good for anyone with an engineering degree or ex military, but for  More

   |    Reply

Start Your Review of Madison


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.