Madison, KS Economy


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United States / Kansas / No Metro Area / Greenwood County / Madison / Zip Codes
Madison, KS is a small town located in Kansas with an estimated population of 2,268. It has a close-knit community that offers an easy commute and plenty of local amenities. The median two bedroom rental cost is $690 which is lower than the national average of $1,430. Madison also has an affordable grocery cost index of 90 compared to the US average of 100. Local businesses include Tucker's Pharmacy & Gifts, Pitzel Chiropractic Clinic, and R&B Auto Care Service Center. The city boasts many shopping areas including the Madison Square Shopping Center and Madison Mall Shopping Plaza. There are also various restaurants offering different cuisines for everyone to enjoy such as Thai Garden Restaurant and Pizza Plus II.

Madison has an unemployment rate of 3.6%. The US average is 6.0%.

Madison has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for Madison
- The Sales Tax Rate for Madison is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Madison is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Madison
- The average income of a Madison resident is $17,328 a year. The US average is $28,555 a year.
- The Median household income of a Madison resident is $43,405 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMadison, KansasUnited States
  3.66
  -5.5%-6.2%
  21.4%33.5%
  7.5%6.2%
  5.7%4.6%
  $31,947$37,638
  $43,405$69,021
  $74,250$85,028
  Population by Occupation
  2.8%1.2%
  3.0%0.5%
  8.6%6.8%
  29.6%10.0%
  1.9%2.5%
  6.7%11.0%
  5.6%4.8%
  0.0%0.8%
  3.0%1.9%
  3.0%4.7%
  0.7%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  13.2%9.3%
  15.5%14.0%
  0.5%2.1%
  1.9%7.0%
  2.8%4.8%
  1.4%4.7%
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