Madison, MT County is a charming place to live. It has a low cost of living with an average 2 bedroom rent of $1,000 and a Grocery Cost Index of 101, which is slightly higher than the national average of 100. Madison offers its residents numerous recreational activities and attractions such as hiking trails, fishing spots, ski resorts, parks, and more. There is no shortage of fun things to do in the area! Additionally, the local economy is thriving with major companies such as Direct Supply Network Solutions Inc., BYK USA Inc., Community Natural Foods Inc., Wilderness Resort Management LLC, and many more providing employment opportunities to the citizens. All this makes Madison one of the most desirable places to live in Montana.
Madison County has an unemployment rate of 3.9%. The US average is 6.0%.
Madison County has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Madison County
- The Sales Tax Rate for Madison County is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Madison County is 6.9%. 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 $36,692 a year. The US average is $37,638 a year.
- The Median household income of a Madison County resident is $56,410 a year. The US average is $69,021 a year.