The Madrid, AL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Madrid is $16,042, which is 35% lower than than the Alabama average and 46% lower than than the national average. The median household income is $39,792, which is 11% lower than than the Alabama average and 28% lower than than the national average. The unemployment rate in Madrid is 1%, which is 72% lower than than the national average. The poverty rate in Madrid is 23% which is 51% higher than than the national average.
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am i middle class
$26,525$39,792$79,584
City
$29,835$44,758$89,516
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.
Did you know?
The income per capita in Madrid is 46% lower than the national average.
The median household income in Madrid is 28% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Madrid is 72% lower than the national average.
The poverty level in Madrid is 51% higher than the national average.
