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Madison Heights is considered a Large Town with a population of 30,050 and 3,760 businesses. 37 in 2018 were added to the Madison Heights Chamber of Commerce business directory which was more than 2017 which had 24.

The economy of Madison Heights employs 19,533 people and has an unemployment rate of 5.1%. Some of the largest industries in Madison Heights are Professional Services (186),Restaurants (125), and Entertainment Agencies & Bureaus (83).
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