Madison, AL (35757) is a great place to call home. With its proximity to Huntsville, it has become a hub for medical care, shopping, and dining. The cost of living in Madison is slightly above the national average. Median rent for two bedrooms stands at $1,470 compared to $1,430 across the US. Grocery prices are also higher than average with an index of 98 compared to 100 nationally. From big box stores such as Walmart and Target to local businesses like P J's Coffee Roasters & Cafe and Bob's Bar-B-Q & Grill, Madison has something for everyone when it comes to retail shopping or dining out.
Madison (zip 35757) has an unemployment rate of 3.1%. The US average is 6.0%.
Madison (zip 35757) 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 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Madison (zip 35757)
- The Sales Tax Rate for Madison (zip 35757) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Madison (zip 35757) 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 35757)
- The average income of a Madison (zip 35757) resident is $39,267 a year. The US average is $37,638 a year.
- The Median household income of a Madison (zip 35757) resident is $95,239 a year. The US average is $69,021 a year.