Madison, AL 35756

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1950 2720 $10,798 $1,138
(6.67% of returns)
$2,257
(3.59% of returns)
$6,342
$25,000 to $50,000 1320 2490 $31,283 $1,527
(8.33% of returns)
$7,111
(12.88% of returns)
$5,112
$50,000 to $75,000 1120 2360 $46,076 $2,180
(13.39% of returns)
$14,405
(15.18% of returns)
$6,387
$75,000 to $100,000 1050 2710 $54,565 $1,522
(20.95% of returns)
$18,666
(14.29% of returns)
$7,256
$100,000 to $200,000 2230 6910 $75,116 $2,297
(32.29% of returns)
$21,550
(10.76% of returns)
$8,766
Over $200,000 560 1760 $159,223 $7,375
(57.14% of returns)
$22,466
(10.71% of returns)
$10,782
For Zip 8230 18950 $59,122

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Income Tax Rates

Rate Minimum Income Maximum Income
0.02 0 500
0.04 500 3000
0.05 3000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.004 49

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.04 0.0522 0.0922 4