Madera Metro Area, CA Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / California / Madera Metro Area / Counties / Cities / Zip Codes
Madera, CA Metro Area is a great place to live for those looking for an affordable alternative to larger cities. The two-bedroom rent in Madera is much lower than the US average at $1,260 compared to $1,430. It also has a Grocery Cost Index of 101, which is higher than the US index of 100. Because of this, residents can get more bang for their buck when it comes to grocery shopping. Living in Madera also offers access to many local companies such as Autowest Dodge Chrysler Jeep Ram FIAT, Madera Volkswagen VW Audi Toyota and Mid Valley Auto Center. There are plenty of activities available with close proximity to Yosemite National Park and recreational areas like Hensley Lake and Madera County Fairgrounds. All these factors contribute to a high quality of life in Madera, CA Metro Area.

Madera Metro Area has an unemployment rate of 9.7%. The US average is 6.0%.

Madera Metro Area 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 32.8%, which is lower than the US average of 33.5%.

Tax Rates for Madera Metro Area
- The Sales Tax Rate for Madera Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Madera Metro Area is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Madera Metro Area
- The average income of a Madera Metro Area resident is $24,759 a year. The US average is $37,638 a year.
- The Median household income of a Madera Metro Area resident is $66,709 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMadera, CaliforniaUnited States
  9.76
  -4.6%-6.2%
  32.8%33.5%
  7.8%6.2%
  8.0%4.6%
  $24,759$37,638
  $66,709$69,021
  $70,576$85,028
  Population by Occupation
  14.5%1.2%
  0.0%0.5%
  8.4%6.8%
  9.5%10.0%
  1.8%2.5%
  9.0%11.0%
  4.1%4.8%
  0.7%0.8%
  1.0%1.9%
  2.7%4.7%
  1.8%1.9%
  3.1%7.6%
  0.1%0.1%
  3.7%4.2%
  10.5%9.3%
  12.0%14.0%
  1.3%2.1%
  7.1%7.0%
  3.6%4.8%
  5.1%4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.