Madrid, IA demographics:
population, income, and more

Total population
2,808
0.2% year-over-year change
Median household income
$89,844/yr
3.4% year-over-year change
Housing units
1,204
-1.1% year-over-year change

Madrid population

How many people live in Madrid

Madrid is home to 2,808 residents, according to the most recent Census data. Gender-wise, 49.6% of Madrid locals are male, and 50.4% are female.

Total population
2,808
0.2% year-over-year change
Gender ratio
Male
49.6%
1,392
Female
50.4%
1,416
Value Percent YoY change
Male 1,392 49.6% -0.3%
Female 1,416 50.4% 0.6%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Madrid is 40, with the population distributed as follows: about 16.4% are children under 15, then 9.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 27.4% of the population, while another 26.2% fall into the 45 to 64 bracket. Finally, around 20.2% are 65 or older.

Median age
40.3
Age breakdown
Under 15
16.4%
15 to 24
9.8%
25 to 44
27.4%
45 to 64
26.2%
Over 65
20.2%
Value Percent YoY change
Under 15 461 16.4% 3.6%
15 to 24 276 9.8% -5.8%
25 to 44 768 27.4% -3.5%
45 to 64 737 26.2% 6.2%
Over 65 566 20.2% -1.6%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Madrid, 99.7% of the population are US-born citizens, while 0.3% have gained naturalized citizenship. There’s also a share of 3.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.7%
Non-U.S.-born citizens
0.3%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 2,799 99.7% 0.4%
Non-U.S.-born citizens 9 0.3% -35.7%
Racial breakdown
White
96.6%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
3.2%
Other
0.2%
Value Percent
White 2,713 96.6%
Two or more races 90 3.2%
Other 5 0.2%

Households in Madrid

A peek inside Madrid households

Madrid has 1,116 households, with an average of 2 members in each. Of these, 62.1% are families, while the remaining 37.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,116
-1.8% year-over-year change
Average people per household
2
Non-family households
423
Family households
693
Value Percent YoY change
Non-family households 423 37.9% -6.6%
Family households 693 62.1% 1.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Madrid

The housing landscape of Madrid

Madrid's housing consists of 1,204 units, with 79.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.7% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 3.2% of the housing landscape.

Housing units
1,204
-1.1% year-over-year change
Housing types
Value Percent
1 unit, detached 962 79.9%
1 unit, attached 45 3.7%
2 units 17 1.4%
3 or 4 units 20 1.7%
5 to 9 units 45 3.7%
20 to 49 units 76 6.3%
Mobile home 39 3.2%
Homes built since 2020
0
% year-over-year change

The age of buildings in Madrid

In Madrid, the median construction year is 1955. About 41.4% of homes were built before the 1940s, with another 1.4% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 498 41.4% 13.2%
Built between 1940 and 1949 17 1.4% -34.6%
Built between 1950 and 1959 171 14.2% 3.0%
Built between 1960 and 1969 110 9.1% 15.8%
Built between 1970 and 1979 161 13.4% -15.3%
Built between 1980 and 1989 24 2% -48.9%
Built between 1990 and 1999 55 4.6% 1.9%
Built between 2000 and 2009 107 8.9% -8.6%
Built between 2010 and 2019 61 5.1% -25.6%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Madrid occupancy rates

Out of the 1,116 occupied housing units in Madrid, 84% are owner-occupied, while 16% are lived in by tenants. Meanwhile, 7.3% of all homes on the local market sit vacant.

Occupied housing units
1,116
-1.8% year-over-year change
Occupancy breakdown
Renter occupied
179
Owner occupied
937
Value Percent YoY
change
Renter occupied 179 16% -12.2%
Owner occupied 937 84% 0.5%
Unoccupied housing units
7.3%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Madrid housing costs

Housing costs in Madrid come to a median of $1,215 per month, while tenants specifically pay a median gross rent of $1,029.

Median housing costs per month
$1,215/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Madrid
$1,029/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Madrid

Madrid education at a glance

About 41.9% of the population in Madrid went to high school, while 18.9% pursued college studies. Another 15.7% earned an associate degree and 17.7% hold a bachelor’s. Meanwhile, 4.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 31 1.4% 121.4%
High school diploma 940 41.9% 4.7%
College diploma 424 18.9% -11.7%
Associate degree 353 15.7% -3.3%
Bachelor's degree 398 17.7% 1.0%
Graduate degree 97 4.3% 2.1%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Madrid

How much people earn in Madrid

The average annual household income in Madrid was $91,863 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.1% change from the previous year. At the same time, the median income stood at $89,844, reflecting a +3.4% shift over the same period.

Average household income in Madrid
$91,863/year
2.1% year-over-year change
Median household income in Madrid
$89,844/year
3.4% year-over-year change

Madrid income by age

In Madrid, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $94,250. Those with someone between 45 and 64 in charge, often well established professionally, earn $104,219 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $61,481, while those led by someone over 65, many of whom may be retired, have about $61,250 in earnings. Overall, 94% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $61,481 4.0%
25 - 44 $94,250 7.6%
45 - 64 $104,219 -6.6%
Over 65 $61,250 8.9%
Above poverty level
2,518
Below poverty level
161
Value Percent YoY
change
Above poverty level 2,518 94% 1.7%
Below poverty level 161 6% -16.1%

Average renter income in Madrid

To get a better sense of what renters earn on average in Madrid, their median household income was $50,714 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 24.3%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$50,714
Rent-to-income ratio
24.3%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Madrid

Workforce and job types in Madrid

The job market in Madrid is powered by 1,493 working residents, spread across a range of industries and roles. 67.8% of the working population are employed in professional or administrative positions, while 32.2% are in hands-on or service-based jobs. Also, 10.5% run their own businesses, 76.6% are employed by private companies, and 6.2% work in the public sector.

Workforce demographics

Working population
1,493
2.7% year-over-year change
White collar
1,013
Blue collar
480
Value Percent YoY change
White collar 1,013 67.8% -1.9%
Blue collar 480 32.2% 14.0%
Employer type
Self employees
10.5%
Private companies
76.6%
Governmental workers
6.2%
Not for profit companies
6.7%
Value Percent YoY change
Self employees 157 10.5% -3.7%
Private companies 1,143 76.6% 8.7%
Governmental workers 93 6.2% -35.4%
Not for profit companies 100 6.7% 5.3%
Unemployment rate
1.7%
116.7% year-over-year change

Available workforce

The unemployment rate in Madrid stands at 1.7%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Madrid

How people get around in Madrid

Commuting methods vary: 81.4% of residents travel by personal vehicle and 0.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,210 81.4% -0.4%
Bus or trolleybus 2 0.1% 0.0%
Walk 8 0.5% -33.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Madrid by zipcode?

Zipcode Population Number of households Median income Average income
50156 4,575 1,791 $98,054 $113,294

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FAQs about Madrid demographics 

What is the total population of Madrid?

Madrid has a total population of 2,808 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.2% compared to a year ago.

What is the gender ratio in Madrid?

The gender ratio in Madrid is as follows:
  • 49.6% males (1,392 residents)
  • 50.4% females (1,416 residents)

What is the median age in Madrid?

The median age in Madrid is 40.3.

What is the age distribution of the population in Madrid?

The age distribution in Madrid is as follows:
  • Under 15: 16.4% (461 residents)
  • Ages 15-24: 9.8% (276 residents)
  • Ages 25-44: 27.4% (768 residents)
  • Ages 45-64: 26.2% (737 residents)
  • Over 65: 20.2% (566 residents)

What is the racial and ethnic makeup of Madrid?

The racial and ethnic makeup of Madrid is as follows:
  • White: 96.6% (2,713 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 3.2% (90 residents)
  • Other: 0.2% (5 residents)

What percentage of the population in Madrid are U.S.-born citizens?

U.S.-born citizens represent 99.7% of the population in Madrid.

How many housing units are there in Madrid?

There are 1,204 housing units in Madrid, reflecting a -1.1% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Madrid and what is the average household size?

Madrid has a total of 1,116 households, with an average of 2 people in each.

What is the median household income in Madrid?

Madrid has a median household income of $89,844, representing a +3.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Madrid?

The employment rate is 98.3% in Madrid, with a workforce of 1,493 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 67.8% (1,013 residents)
  • Blue-collar workers: 32.2% (480 residents)

Places of employment:
  • Self-employed: 10.5% (157 residents)
  • Private companies: 76.6% (1,143 residents)
  • Governmental workers: 6.2% (93 residents)
  • Not-for-profit companies: 6.7% (100 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.

Page last updated: September 2025