Madrid, AL demographics:
population, income, and more
Madrid population
How many people live in Madrid
Madrid is home to 220 residents, according to the most recent Census data. Gender-wise, 47.3% of Madrid locals are male, and 52.7% are female.
Age demographics
The median age in Madrid is 55, with the population distributed as follows: about 14.1% are children under 15, then 13.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 20% of the population, while another 28.6% fall into the 45 to 64 bracket. Finally, around 24.1% are 65 or older.
Racial makeup
In Madrid, 99.1% of the population are US-born citizens, while 0.9% have gained naturalized citizenship. There’s also a share of 0.4% that includes residents with two or more races.
Households in Madrid
A peek inside Madrid households
Madrid has 87 households, with an average of 3 members in each. Of these, 78.2% are families, while the remaining 21.8% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Madrid
The housing landscape of Madrid
Madrid's housing consists of 114 units, with 71% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 27.2% of the housing landscape.
The age of buildings in Madrid
In Madrid, the median construction year is 1994. About 9.6% of homes were built before the 1940s, with another 1.8% going up by 1949. Most development happened in the second half of the 20th century.
Madrid occupancy rates
Out of the 87 occupied housing units in Madrid, 85.1% are owner-occupied, while 14.9% are lived in by tenants. Meanwhile, 23.7% of all homes on the local market sit vacant.
Madrid housing costs
Housing costs in Madrid come to a median of $567 per month, while tenants specifically pay a median gross rent of $1,000.
Education in Madrid
Madrid education at a glance
About 48.3% of the population in Madrid went to high school, while 21.7% pursued college studies. Another 10% earned an associate degree and 10% hold a bachelor’s. Meanwhile, 2.8% went even further, earning a master’s or doctorate.
Income in Madrid
How much people earn in Madrid
The average annual household income in Madrid was $66,353 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +7.8% change from the previous year. At the same time, the median income stood at $39,750, reflecting a +2.6% shift over the same period.
Madrid income by age
Overall, 86.6% of the locals in this community live above the poverty line.
Employment in Madrid
Workforce and job types in Madrid
The job market in Madrid is powered by 73 working residents, spread across a range of industries and roles. 83.6% of the working population are employed in professional or administrative positions, while 16.4% are in hands-on or service-based jobs. Also, 8.2% run their own businesses, 68.5% are employed by private companies, and 9.6% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Madrid stands at 2.7%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Madrid
How people get around in Madrid
What is the median and average household income in Madrid by zipcode?
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FAQs about Madrid demographics
What is the total population of Madrid?
What is the gender ratio in Madrid?
- 47.3% males (104 residents)
- 52.7% females (116 residents)
What is the median age in Madrid?
What is the age distribution of the population in Madrid?
- Under 15: 14.1% (31 residents)
- Ages 15-24: 13.2% (29 residents)
- Ages 25-44: 20% (44 residents)
- Ages 45-64: 28.6% (63 residents)
- Over 65: 24.1% (53 residents)
What is the racial and ethnic makeup of Madrid?
- White: 90.9% (200 residents)
- Black or African American: 7.3% (16 residents)
- American Indian and Alaska Native: 0.4% (1 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 0.4% (1 residents)
- Other: 0.9% (2 residents)
What percentage of the population in Madrid are U.S.-born citizens?
How many housing units are there in Madrid?
How many households are in Madrid and what is the average household size?
What is the median household income in Madrid?
What is the employment rate and job market overview for Madrid?
Job types:
- White-collar workers: 83.6% (61 residents)
- Blue-collar workers: 16.4% (12 residents)
Places of employment:
- Self-employed: 8.2% (6 residents)
- Private companies: 68.5% (50 residents)
- Governmental workers: 9.6% (7 residents)
- Not-for-profit companies: 13.7% (10 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.