Page 65 - MACC Guide 2019/2020
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EconomicProfile





                                               TAXES                        EMPLOYMENT
                                               Sales Tax 7%                 OPPORTUNITIES
                                               County Income Tax 0.35%       From entry level manufacturing
                                                                              or clerical work to engineers and
                                                                              other skilled professionals
                                               WORKFORCE                     Strong local industry sectors
                                                                              include: health care, automobile
                                               15,100                         industry, energy delivery, public
                                               Total Resident                 and vehicle safety equipment,
                                               Labor Force                    construction, tourism, and retail
                                                               3.4    %      Working in the Madison area can
                                                                              also connect you with regional,
                                                    Unemployment Rate         national, and global opportunities

                                                                            TOP EMPLOYERS
            POPULATION                      EDUCATION                        King’s Daughters’ Health
            IN 2-HOUR RADIUS                LEVELS
                                                                             Arvin Sango, Inc.
            n  25 miles 113,732                                              Madison Precision Products, Inc.
                                            89    %  High School             Grote Industries, LLC
            n  50 miles 1,7272,942                  Graduate                 Madison State Hospital
                                                    or higher (age 25+)
            n 75 miles 4,739,735                                             Madison Consolidated Schools
                                            or higher (age 25+)  17.4        Vehicle Service Group
            n 100 miles 8,110,667           Bachelor’s Degree          %     Walmart Supercenter
            n 125 miles 9,829,641                                            Indiana-Kentucky Electric Corp. (IKE)
                                                                             Madison Tool & Die
                                            TOURISM SPENDING
            TRANSPORTATION                  Lodging, Entertainment, Dining  ONLINE JOB LISTINGS
            ASSETS                                                           www.madisonindiana.com/jobs
                                            $41.1 Million                    www.courierareajobs.com

            I-71 12 miles                        Spending  7.2%              www.indianacareerconnect.com
                                                 Tourism
            I-65 17 miles                        Growth                     EMPLOYMENT SERVICES
            Distance from Interstate                                        Manpower, Inc. | WorkOne – South-
                                                                            east Indiana Workforce Investment
                                            $19.9 Million                   Board | Malone Staffing Solutions |
            MADISON MUNICIPAL                          Economic Impact      Crown Services, Inc. | Resource MFG
            AIRPORT (KIMS)


                 MADISON RAILROAD            ECONOMIC DEVELOPMENT CONTACTS
                 (812) 273-4248
            Madison Railroad operates a 25-mile    Jefferson County Industrial   ALL IN ONE
            mainline from Madison to North      Development Corporation         CONVENIENT LOCATION:
            Vernon, IN. Daily train service is   (812) 265-4769                 301 E Main Street,
            available and interchange is accom-   Madison Area Chamber of      Madison, IN 47250
            plished with CSX Transportation at   Commerce (812) 265-3135
            North Vernon. The Madison Railroad
            owns and operates 15 miles of      Madison Main Street Program     SEE LAST PAGE
            railroad track within a 3,400-acre   (812) 274-0195                 FOR MORE CONTACTS:
            industrial park, offering team track    ISBDC (812) 379-4457       City of Madison, Town of Hanover,
                                                                                Jefferson County . . .
            and railcar storage facilities.

            SOURCES: 2017 Rockport Analytics, stats.indiana.edu                       MADISONINDIANA.COM    63
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