Madison (zip 22727), Virginia 

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United States / Virginia / No Metro Area / Madison County / Madison / Madison (zip 22727)

Economy in Madison (zip 22727), Virginia

Madison (zip 22727) has an unemployment rate of 3.3%. The US average is 5.2%.

Madison (zip 22727) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 38.0%.

Tax Rates for Madison (zip 22727)
- The Sales Tax Rate for Madison (zip 22727) is 5.3%. The US average is 6.0%.
- The Income Tax Rate for Madison (zip 22727) is 5.8%. The US average is 4.6%.

Income and Salaries for Madison (zip 22727)
- The average income of a Madison (zip 22727) resident is $23,835 a year. The US average is $28,555 a year.
- The Median household income of a Madison (zip 22727) resident is $48,348 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYMadison, VirginiaUnited States
  Unemployment Rate3.3%5.2%
  Recent Job Growth0.7%1.6%
  Future Job Growth38.0%38.0%
  Sales Taxes5.3%6.0%
  Income Taxes0.05750.046
  Income per Cap.$23,835$28,555
  Household Income$48,348$53,482
  Family Median Income$55,568$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting4.2%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction10.1%6.2%
  Manufacturing7.6%10.4%
  Wholesale trade1.6%2.7%
  Retail trade13.3%11.6%
  Transportation and warehousing2.2%4.1%
  Utilities00
  Information0.0%2.1%
  Finance and insurance1.2%4.7%
  Real estate, rental, leasing2.7%1.9%
  Professional, scientific, technical services3.3%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs11.9%4.3%
  Educational services5.9%9.3%
  Health care and social assistance7.9%13.8%
  Arts, entertainment, recreation2.9%2.2%
  Accommodation, food services4.7%7.4%
  Other services10.5%4.9%
  Public administration7.1%4.8%
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