Madison, NC County is a great place to live with plenty of local amenities. There are many local businesses that offer a variety of services, including shopping, dining, entertainment and more. The cost of living in Madison, NC County is affordable; with an average two bedroom rent at $1,470 per month and grocery costs indexing at 99 compared to the US average of 100. Local businesses include stores such as Walmart, Target and Food Lion as well as eateries such as Mac's on Main and Wok & Roll Chinese Restaurant.
Madison County has an unemployment rate of 4.1%. The US average is 6.0%.
Madison County has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Madison County
- The Sales Tax Rate for Madison County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Madison County is 5.5%. 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 $29,070 a year. The US average is $37,638 a year.
- The Median household income of a Madison County resident is $51,396 a year. The US average is $69,021 a year.