Madison, Indiana 

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Economy in Madison, Indiana

Madison has an unemployment rate of 3.7%. The US average is 3.7%.

Madison has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower 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 3.6%. 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 $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

  ECONOMYMadison, IndianaUnited States
  3.7%3.7%
  -0.5%1.6%
  22.3%33.5%
  7.0%6.2%
  3.6%4.6%
  $24,128$31,177
  $46,444$57,652
  $56,622$70,850
  POPULATION BY OCCUPATION
  0.7%1.3%
  0.0%0.6%
  3.0%6.2%
  26.3%10.4%
  1.9%2.7%
  8.9%11.6%
  2.8%4.1%
  2.0%0.9%
  0.9%2.1%
  2.2%4.7%
  0.5%1.9%
  2.3%6.7%
  0.0%0.1%
  0.8%4.3%
  7.5%9.3%
  15.9%13.8%
  2.6%2.2%
  8.7%7.4%
  5.1%4.9%
  7.6%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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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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