Madison County, MO is a great place to call home. With an average two bedroom rent of $750, it's much more affordable than the US average of $1,430. Additionally, the grocery cost index in Madison County is 93 while the US average is 100, so groceries can be found at relatively low prices. Local companies include Walmart, Dollar General, Post Office, Ace Hardware and McBride Home Center to name a few. All in all, Madison County offers a great quality of life at an affordable cost of living.
Madison County has an unemployment rate of 4.5%. The US average is 6.0%.
Madison County has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Madison County
- The Sales Tax Rate for Madison County is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Madison County is 5.9%. 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 $17,459 a year. The US average is $28,555 a year.
- The Median household income of a Madison County resident is $50,529 a year. The US average is $69,021 a year.