Madison, NY County is a great place to live for those who want to find affordable housing. The two bedroom rent in this county is only $1,110 compared to the US figure of $1,430. Additionally, grocery cost index in Madison is 98 versus the US average of 100. The area has many local businesses that offer diverse services. For example, S&P Distributors specializes in vending machine supplies, while Shatzel Farms provides fresh produce from local farms. There are also plenty of leisure activities and cultural sites to explore in Madison. The city's Civic Orchestra offers free concerts throughout the summer months and nearby Chenango Valley State Park boasts over 2200 acres of trails and wildlife. No matter what your interests are, Madison has something for everyone.
Madison County has an unemployment rate of 6.3%. The US average is 6.0%.
Madison County has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Madison County
- The Sales Tax Rate for Madison County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Madison County is 6.5%. 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 $34,302 a year. The US average is $37,638 a year.
- The Median household income of a Madison County resident is $63,312 a year. The US average is $69,021 a year.