Madison, OH County is a great place to live and work. There is plenty of affordable rental housing available with an average two bedroom rent of $1,160, which is much lower than the national average of $1,430. Grocery shopping in the area is also economical with a grocery cost index of 98 compared to the national benchmark of 100. Madison offers many big-city amenities within a small town atmosphere. The county boasts several popular businesses such as Ashland University, Farmers Insurance Group and The Interchurch Social Services. It also has numerous tourist attractions such as Richland Carrousel Park, Malabar Farm State Park, and Gorman Nature Center. Whether you’re looking for a place to live or visit, Madison is an excellent option for both!
Madison County has an unemployment rate of 3.9%. The US average is 6.0%.
Madison County has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 27.0%, 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 4.2%. 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 $31,493 a year. The US average is $37,638 a year.
- The Median household income of a Madison County resident is $72,811 a year. The US average is $69,021 a year.