Madison, AL 35756 is a small city located in Madison County. It has a relatively low median 2 bedroom rent cost of $1,510 compared to the US average of $1,430. Additionally, the grocery cost index in Madison is 99 versus the US average of 100. Madison is home to several local companies such as BizTech Corporation, an information technology consulting firm that provides custom solutions for businesses worldwide; Southeastern Security Agency LLC which provides security services for events and businesses; and A2Z Services, an independent residential plumbing service company providing solutions to all types of plumbing problems. With its affordable living costs and ample business opportunities, Madison is a great place to live and work.
Madison (zip 35756) has an unemployment rate of 1.8%. The US average is 6.0%.
Madison (zip 35756) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 43.6%, which is higher than the US average of 33.5%.
Tax Rates for Madison (zip 35756)
- The Sales Tax Rate for Madison (zip 35756) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Madison (zip 35756) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Madison (zip 35756)
- The average income of a Madison (zip 35756) resident is $42,999 a year. The US average is $37,638 a year.
- The Median household income of a Madison (zip 35756) resident is $111,070 a year. The US average is $69,021 a year.