Madison, Connecticut Unemployment

Madison, Connecticut has a population of 18,469, with a median household income of $115,432.

Current unemployment data for Madison.

3.30%

👥

Population

18,469

💰

Median Income

$115,432

📉

Unemployment

3.30%

🏠

Housing Price

$845,231

🚨

Crime Rate

1.80

🌐

Internet Speed

240.00 Mbps

Madison is a small local community located in Connecticut. The city has a population that is below the average city population in Connecticut, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Connecticut, Madison provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Madison has a population of 18,469, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Madison is $115,432, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Madison average around $845,231, which is relatively high compared to other cities in Connecticut.

Employment and Safety

The unemployment rate in Madison is 3.30%, which is lower than the state average, indicating a relatively strong job market. Madison has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Connecticut, Madison shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Connecticut, Madison contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Madison

What is the population of Madison?

The population of Madison is approximately 18,469.

Is Madison a good place to live?

Madison offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Madison?

The median household income in Madison is around $115,432.

How expensive is housing in Madison?

The average housing price in Madison is approximately $845,231.