Madison, WI is a great place to live! The average two-bedroom rent in Madison is $1,500 which is much lower than the US average of $1,430. To top it off, the grocery cost index in Madison is 100 which matches the US average. This means that groceries don't cost you more money if you decide to move to Madison from any other place in the US.
There are plenty of amazing local companies and businesses in Madison such as Epic Systems Corporation, American Family Insurance Group, Exact Sciences Corporation, Sub-Zero Group Inc., CUNA Mutual Group and Lands’ End Inc. These companies offer ample job opportunities for locals and attract talent from around the world, making Madison an attractive place for those looking to jumpstart their career.
Madison (zip 53717) has an unemployment rate of 3.3%. The US average is 6.0%.
Madison (zip 53717) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Madison (zip 53717)
- The Sales Tax Rate for Madison (zip 53717) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Madison (zip 53717) is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Madison (zip 53717)
- The average income of a Madison (zip 53717) resident is $49,204 a year. The US average is $28,555 a year.
- The Median household income of a Madison (zip 53717) resident is $86,700 a year. The US average is $69,021 a year.