Madison Heights CDP: Unemployment Rate Trend
How Madison Heights CDP's unemployment rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
8.3%
2023
4.4%
Total change
-3.9 pp
% change
-47%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.3% | — |
| 2019 | 5.6% | -2.7 pp (-32.5%) |
| 2020 | 6.6% | +1.0 pp (17.9%) |
| 2021 | 6.3% | -0.3 pp (-4.5%) |
| 2022 | 5.1% | -1.2 pp (-19%) |
| 2023 | 4.4% | -0.7 pp (-13.7%) |