Madison, MD 21648 is an ideal location for those looking for a quiet suburban atmosphere. The two bedroom rent in the area is $1,020, which is significantly lower than the US average of $1,430. As a bonus, the grocery cost index in Madison is 99 compared to 100 in the US.
The area offers plenty of local companies and amenities such as Basket Run Farms for fresh produce, Nanticoke Veterinary Clinic when your furry friends need care, and Irvington Deli & Beer Garden for delicious eats and drinks. There are also many activities to keep busy with such as fishing at nearby Gibson Park or weekend beach days at Murray’s Beach. Residents of Madison can take full advantage of its peaceful environment and plethora of recreational opportunities.
Madison (zip 21648) has an unemployment rate of 6.3%. The US average is 6.0%.
Madison (zip 21648) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 18.5%, which is lower than the US average of 33.5%.
Tax Rates for Madison (zip 21648)
- The Sales Tax Rate for Madison (zip 21648) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Madison (zip 21648) is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Madison (zip 21648)
- The average income of a Madison (zip 21648) resident is $44,708 a year. The US average is $37,638 a year.
- The Median household income of a Madison (zip 21648) resident is $140,694 a year. The US average is $69,021 a year.