Madison, AL is a beautiful city located in the northern region of Alabama. With its close proximity to Huntsville and Decatur, Madison has become increasingly popular for those looking to rent an apartment in the area. The average 2 bedroom rent in Madison is $1,190 which is slightly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Madison stands at 99 compared to the US average of 100. Madison is home to some great local companies such as Optus Solutions LLC, Ambs Call Center and Tessa Information Systems LLC. Each company contributes significantly to the local economy and provides plenty of job opportunities for residents of Madison.
Madison (zip 35758) has an unemployment rate of 1.8%. The US average is 6.0%.
Madison (zip 35758) has seen the job market increase by 3.6% 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 35758)
- The Sales Tax Rate for Madison (zip 35758) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Madison (zip 35758) 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 35758)
- The average income of a Madison (zip 35758) resident is $42,385 a year. The US average is $28,555 a year.
- The Median household income of a Madison (zip 35758) resident is $94,132 a year. The US average is $69,021 a year.