Madison, GA is a small city located in the northern part of Georgia. It is an up-and-coming area with a growing population and vibrant local businesses. The cost of living in Madison is fairly affordable compared to other cities across the United States. 2 bedroom rent averages at $1,100 per month which is significantly lower than the US average of $1,430. Groceries are also relatively cheaper here with a grocery cost index of 96 versus 100 in the US. \nThe city offers lots of local services from companies like Ace Hardware, G&D Grocery, Madison Cleaners, and more. These businesses provide goods and services that cater to locals while helping to keep costs down for residents. All in all, Madison presents an attractive option for those looking for an affordable yet thriving place to live.
Madison has an unemployment rate of 3.3%. The US average is 6.0%.
Madison has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 46.9%, which is higher than the US average of 33.5%.
Tax Rates for Madison
- The Sales Tax Rate for Madison is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Madison is 6.0%. 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 $26,355 a year. The US average is $28,555 a year.
- The Median household income of a Madison resident is $67,833 a year. The US average is $69,021 a year.