Zip 93638 (Madera, CA) Economy


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Madera, CA (zip code 93638) is an affordable place to rent with 2 bedroom apartments costing around $1,250 compared to the US average of around $1,430. The grocery cost index for Madera is 99 compared to 100 in the US, making it an economical choice when it comes to food shopping. Madera is a welcoming city that offers a variety of businesses and attractions to its residents. Local employers include Sierra Vista Mall, Miguel's El Rey Mexican Restaurant, and Valley Children's Hospital. Popular events include the annual Madera Wine Trail Tour, in which visitors can explore local wineries and taste a selection of fine wines from the area. Other popular events include the Madera Speedway Race Weekend and the monthly Arts Alive event, featuring local artists' works.

Madera (zip 93638) has an unemployment rate of 10.0%. The US average is 6.0%.

Madera (zip 93638) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Madera (zip 93638)
- The Sales Tax Rate for Madera (zip 93638) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Madera (zip 93638) 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 (zip 93638)
- The average income of a Madera (zip 93638) resident is $12,405 a year. The US average is $28,555 a year.
- The Median household income of a Madera (zip 93638) resident is $52,399 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMadera, CaliforniaUnited States
  106
  -4.6%-6.2%
  33.0%33.5%
  8.3%6.2%
  8.0%4.6%
  $18,191$37,638
  $52,399$69,021
  $50,561$85,028
  Population by Occupation
  25.7%1.2%
  0.0%0.5%
  6.6%6.8%
  10.6%10.0%
  0.6%2.5%
  10.4%11.0%
  4.4%4.8%
  0.6%0.8%
  0.3%1.9%
  1.4%4.7%
  0.6%1.9%
  2.3%7.6%
  0.0%0.1%
  3.8%4.2%
  8.1%9.3%
  9.2%14.0%
  1.6%2.1%
  6.6%7.0%
  4.0%4.8%
  3.2%4.7%
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