Madison, IA County is a great place to live with plenty of opportunities. The county offers low rental rates for 2 bedroom apartments at only $1,070 compared to the US average of $1,430. It also has a competitive grocery cost index of 96 versus the US average of 100. Additionally, Madison boasts many businesses and infrastructures such as local restaurants like Momma's Diner and La Hacienda Mexican Restaurant, professional services such as Madison County Clinic and Olson Insurance Agency, and recreational activities like Cedar Valley Bike Trail and Waveland Golf Course. With all these amenities available in Madison County it is no wonder why so many people choose to call this county their home.
Madison County has an unemployment rate of 5.0%. The US average is 6.0%.
Madison County has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Madison County
- The Sales Tax Rate for Madison County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Madison County is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Madison County
- The average income of a Madison County resident is $39,024 a year. The US average is $37,638 a year.
- The Median household income of a Madison County resident is $79,306 a year. The US average is $69,021 a year.