Northeast Madison, PA is an area known for its economic stability and affordability. The average 2 bedroom rent in Northeast Madison is $1,010, which is significantly lower than the US 2 bedroom rent of $1,430. Additionally, Northeast Madison has a Grocery Cost Index of 102 versus the US average of 100. This area also has many local companies that provide good paying jobs to locals such as Johnson & Johnson, JCPenney Corporation, and UPMC Susquehanna. With lower rent prices and grocery cost index compared to the US average, Northeast Madison is a great place to live with a low cost of living.
Northeast Madison has an unemployment rate of 5.5%. The US average is 6.0%.
Northeast Madison has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Northeast Madison
- The Sales Tax Rate for Northeast Madison is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Northeast Madison is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Northeast Madison
- The average income of a Northeast Madison resident is $22,193 a year. The US average is $28,555 a year.
- The Median household income of a Northeast Madison resident is $68,611 a year. The US average is $69,021 a year.