Industry in Madison, Wisconsin

Madison has depended on the manufacturing, services, government, and agriculture industries to form the base of its diverse economy. Currently, Madison's economy is changing into a consumer services and high-tech base. The city has been enjoying an economic boom since the early 1990's, and many new businesses are being attracted to the area, especially those in the high-tech sector.

The most common industries for employees in Madison are educational services, health care, professional services, scientific services, technical services, finance and insurance, and accommodation and food services. The largest employers are the University of Wisconsin-Madison, the State of Wisconsin, the U.S. government, American Family Insurance, the Madison Metropolitan School District, and WPS Insurance.

A few of the numerous companies that have their headquarters in Madison are Spectrum Brands, Oscar Mayer, Alliant Energy, Netconcepts, Promega, the Credit Union National Association, and Famous Footwear.

The median income for a household in Madison in 2000 was $41,941 and the unemployment rate in 2005 was 2.5%, well below the national average.