Business and Economy in Madison, WI
Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Madison, WI is $54,896, and check out the following articles to get an inside look at its key industries and job opportunities.
Need to make some cheddar? Wisconsin should be your next move
Discover how business leaders and educators are working to keep pace with growing job market.
Learn how air travel to Madison, WI is made easy by Dane County Regional Airport.
Learn why financial services firms in Madison, WI, such as American Family Insurance, are drawn to the region.
Discover how Raven Software, Human Head Studios and SkyShip Studios have made Madison WI fertile ground for video game software development
Learn why major industries in Madison, WI region include food production, manufacturing, financial services, health care and health information technology.
Learn how the University of Wisconsin-Madison’s research and development efforts help create jobs and economic investments throughout the region.
While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Madison’s economy.
|Employment Armed Forces||0.1%|
|Employment Civilian Labor Force||72.5%|
|Employment Not in Labor Force||27.5%|
|Employment Total in Labor Force||72.5%|
|Agriculture, Forestry, Fishing and Hunting and Mining||0.5%|
|Transportation and Warehousing, and Utilities||2.3%|
|Finance and Insurance, and Real Estate and Rental and Leasing||7.3%|
|Professional, Scientific and Management and Administrative and Waste||14.7%|
|Educational Services and Health Care and Social Assistance||31.7%|
|Arts, Entertainment and recreation and Accommodation and food Services||10.7%|
|Other Services, Except Public Administration||4.3%|