Madison, NJ's Data
About Madison, NJ's
Madison, often referred to as 'The Rose City,' is a borough located in Morris County, New Jersey. It was originally formed as Bottle Hill on December 27, 1715, and later renamed Madison in 1834, in honor of President James Madison. This suburban borough is situated approximately 25 miles west of downtown Manhattan, making it part of the New York metropolitan area. Madison is known for its charming downtown area, historic architecture, and the presence of Drew University and Fairleigh Dickinson University's Florham Campus.
City: Madison
State: New Jersey
Country: United States
Population: 16450
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Madison, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Madison, NJ
Drew University - A picturesque university known for its beautiful campus and strong liberal arts programs.
Museum of Early Trades & Crafts - Houses collections that reflect New Jersey’s history through the display of over 8,000 artifacts.
Shakespeare Theatre of New Jersey - One of the leading Shakespeare theatres in the nation, offering performances and educational programs.
Madison Train Station - A historic site that serves as a hub for commuters and features charming early 20th-century architecture.
Rosedale Park - Offers scenic walking trails and recreational facilities, perfect for family outings and leisure activities.
The Economy of Madison, NJ
Madison's economy is supported by a mix of educational institutions, small businesses, and corporate entities. The presence of higher education institutions like Drew University and Fairleigh Dickinson University contributes significantly to local employment and economic activity. Additionally, the borough benefits from its proximity to major corporations in the surrounding areas, which helps sustain local businesses and services.
Madison, NJ Inflation
Understanding the BLS and Inflation in Madison, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Madison, NJ. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Madison, NJ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Madison, NJ using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Madison, NJ when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Madison, NJ
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