Madison, AL 35757

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2010 2830 $11,102 $1,700
(6.47% of returns)
$1,954
(5.47% of returns)
$5,788
$25,000 to $50,000 1400 2600 $30,377 $2,191
(8.57% of returns)
$7,159
(19.29% of returns)
$5,735
$50,000 to $75,000 1080 2250 $44,406 $2,035
(15.74% of returns)
$14,515
(18.52% of returns)
$6,230
$75,000 to $100,000 900 2130 $54,831 $2,505
(22.22% of returns)
$18,305
(20% of returns)
$6,997
$100,000 to $200,000 1790 4950 $75,112 $3,011
(34.08% of returns)
$22,210
(15.64% of returns)
$7,991
Over $200,000 380 1050 $150,027 $6,878
(50% of returns)
$22,600
(15.79% of returns)
$9,379
For Zip 7560 15810 $53,108

`

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