Madison, Indiana 

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Economy in Madison, Indiana

Madison has an unemployment rate of 4.9%. The US average is 5.2%.

Madison has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 38.0%.

Tax Rates for Madison
- The Sales Tax Rate for Madison is 7.0%. The US average is 6.0%.
- The Income Tax Rate for Madison is 3.7%. The US average is 4.6%.

Income and Salaries for Madison
- The average income of a Madison resident is $24,581 a year. The US average is $28,555 a year.
- The Median household income of a Madison resident is $45,569 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYMadison, IndianaUnited States
  Unemployment Rate4.9%5.2%
  Recent Job Growth2.5%1.6%
  Future Job Growth40.2%38.0%
  Sales Taxes7.0%6.0%
  Income Taxes0.03650.046
  Income per Cap.$24,581$28,555
  Household Income$45,569$53,482
  Family Median Income$53,417$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.7%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction3.0%6.2%
  Manufacturing26.3%10.4%
  Wholesale trade1.9%2.7%
  Retail trade8.9%11.6%
  Transportation and warehousing2.8%4.1%
  Utilities00
  Information0.9%2.1%
  Finance and insurance2.2%4.7%
  Real estate, rental, leasing0.5%1.9%
  Professional, scientific, technical services2.3%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs0.8%4.3%
  Educational services7.5%9.3%
  Health care and social assistance15.9%13.8%
  Arts, entertainment, recreation2.6%2.2%
  Accommodation, food services8.7%7.4%
  Other services5.1%4.9%
  Public administration7.6%4.8%
ECONOMY MAP
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    Reviews for Madison    5 Reviews
    Madison is a great Place To Live - 6/24/2010
    We have one of the best schools in Indiana (Shaw) and a great downtown area, with something going on all the time. Come join the... Read More

    Start Your Review of Madison


    Great shop in downtown Madison, excellent prices - 5/31/2009
    We visited downtown Madison over the weekend and had a great, great time! One of the court house which had burned down was sad, but ran into a few great stores. One... Read More

    Madison, In - 8/8/2008
    Nothing much to do. Low crime... Read More


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    MAPS OF MADISON, INDIANA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Madison,Indiana Map
    ZIP CODES IN MADISON, INDIANA

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