Madison is a small town located in Virginia with a population of 22727. The average rent for a two bedroom apartment is $960, which is much lower than the national average of $1,430. Similarly, grocery costs are slightly higher compared to the US index with an index score of 105. Madison boasts many popular local businesses including Moe's Barbecue, Cave Mountain Brewpub & Eatery, and a variety of antique stores. Notable attractions in Madison include Skyline Drive, Rapidan Wildlife Management Area, and Belle Grove Plantation. Whatever your interests are, you're sure to find something exciting to do nearby when living in Madison!
Madison (zip 22727) has an unemployment rate of 3.2%. The US average is 6.0%.
Madison (zip 22727) has seen the job market decrease by -4.1% 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 Madison (zip 22727)
- The Sales Tax Rate for Madison (zip 22727) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Madison (zip 22727) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Madison (zip 22727)
- The average income of a Madison (zip 22727) resident is $34,178 a year. The US average is $37,638 a year.
- The Median household income of a Madison (zip 22727) resident is $61,410 a year. The US average is $69,021 a year.