Madrid, NM demographics:
population, income, and more

Total population
292
17.7% year-over-year change
Median household income
$/yr
% year-over-year change
Housing units
290
5.5% year-over-year change

Madrid population

How many people live in Madrid

Madrid is home to 292 residents, according to the most recent Census data. Gender-wise, 63% of Madrid locals are male, and 37% are female.

Total population
292
17.7% year-over-year change
Gender ratio
Male
63%
184
Female
37%
108
Value Percent YoY change
Male 184 63% 13.6%
Female 108 37% 25.6%
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

Finally, around 25.3% are 65 or older.

Median age
59.4
Age breakdown
Under 15
0%
15 to 24
0%
25 to 44
0%
45 to 64
74.7%
Over 65
25.3%
Value Percent YoY change
45 to 64 218 74.7% 29.8%
Over 65 74 25.3% -7.5%
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, 53.8% of the population are US-born citizens, while 41.8% have gained naturalized citizenship. At the same time, 4.4% of residents are non-citizens. There’s also a share of 10.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
53.8%
Non-U.S.-born citizens
41.8%
Non-citizens
4.4%
Value Percent YoY change
U.S.-born citizens 157 53.8% 33.0%
Non-U.S.-born citizens 122 41.8% 0.0%
Non-citizens 13 4.4% 62.5%
Racial breakdown
White
89.7%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
10.3%
Other
0%
Value Percent
White 262 89.7%
Two or more races 30 10.3%

Households in Madrid

A peek inside Madrid households

Madrid has 228 households, with an average of 1 members in each. Of these, 16.2% are families, while the remaining 83.8% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
228
12.9% year-over-year change
Average people per household
1
Non-family households
191
Family households
37
Value Percent YoY change
Non-family households 191 83.8% 9.8%
Family households 37 16.2% 32.1%
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 290 units, with 85.5% being detached single-family homes ideal for those wanting space.

Housing units
290
5.5% year-over-year change
Housing types
Value Percent
1 unit, detached 248 85.5%
2 units 33 11.4%
5 to 9 units 9 3.1%
Homes built since 2020
0
% year-over-year change

The age of buildings in Madrid

In Madrid, the median construction year is 1938. About 53.1% of homes were built before the 1940s, with another 10.3% 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 154 53.1% 8.4%
Built between 1940 and 1949 30 10.3% -6.2%
Built between 1980 and 1989 106 36.6% 5.0%
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 228 occupied housing units in Madrid, 33.3% are owner-occupied, while 66.7% are lived in by tenants. Meanwhile, 21.4% of all homes on the local market sit vacant.

Occupied housing units
228
12.9% year-over-year change
Occupancy breakdown
Renter occupied
152
Owner occupied
76
Value Percent YoY
change
Renter occupied 152 66.7% -1.3%
Owner occupied 76 33.3% 58.3%
Unoccupied housing units
21.4%
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

Median housing costs per month
$1,625/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.

Education in Madrid

Madrid education at a glance

About 13.7% of the population in Madrid went to high school, while 3.4% pursued college studies. Another earned an associate degree and 66.1% hold a bachelor’s. Meanwhile, 16.8% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 40 13.7% 233.3%
College diploma 10 3.4% 25.0%
Bachelor's degree 193 66.1% 28.7%
Graduate degree 49 16.8% -37.2%
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 $59,123 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +106.6% change from the previous year.

Average household income in Madrid
$59,123/year
106.6% year-over-year change

Madrid income by age

Overall, 55.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Above poverty level
162
Below poverty level
130
Value Percent YoY
change
Above poverty level 162 55.5% 37.3%
Below poverty level 130 44.5% 0.0%

Employment in Madrid

Workforce and job types in Madrid

The job market in Madrid is powered by 106 working residents, spread across a range of industries and roles. 84% of the working population are employed in professional or administrative positions, while 16% are in hands-on or service-based jobs. Also, 36.8% run their own businesses, 52.8% are employed by private companies, and 10.4% work in the public sector.

Workforce demographics

Working population
106
96.3% year-over-year change
White collar
89
Blue collar
17
Value Percent YoY change
White collar 89 84% 93.5%
Blue collar 17 16% 112.5%
Employer type
Self employees
36.8%
Private companies
52.8%
Governmental workers
10.4%
Not for profit companies
0%
Value Percent YoY change
Self employees 39 36.8% 95.0%
Private companies 56 52.8% 180.0%
Governmental workers 11 10.4% -21.4%

Transportation in Madrid

How people get around in Madrid

Commuting methods vary: 31.1% of residents travel by personal vehicle and 51.9% 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 33 31.1% 106.2%
Walk 55 51.9% 44.7%
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.

Explore more communities

FAQs about Madrid demographics 

What is the total population of Madrid?

Madrid has a total population of 292 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 +17.7% compared to a year ago.

What is the gender ratio in Madrid?

The gender ratio in Madrid is as follows:
  • 63% males (184 residents)
  • 37% females (108 residents)

What is the median age in Madrid?

The median age in Madrid is 59.4.

What is the age distribution of the population in Madrid?

The age distribution in Madrid is as follows:
  • Under 15: 0% (0 residents)
  • Ages 15-24: 0% (0 residents)
  • Ages 25-44: 0% (0 residents)
  • Ages 45-64: 74.7% (218 residents)
  • Over 65: 25.3% (74 residents)

What is the racial and ethnic makeup of Madrid?

The racial and ethnic makeup of Madrid is as follows:
  • White: 89.7% (262 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: 10.3% (30 residents)
  • Other: 0% (0 residents)

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

U.S.-born citizens represent 53.8% of the population in Madrid.

How many housing units are there in Madrid?

There are 290 housing units in Madrid, reflecting a +5.5% 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 228 households, with an average of 1 people in each.

What is the job market overview for Madrid?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 84% (89 residents)
  • Blue-collar workers: 16% (17 residents)

Places of employment:
  • Self-employed: 36.8% (39 residents)
  • Private companies: 52.8% (56 residents)
  • Governmental workers: 10.4% (11 residents)
  • Not-for-profit companies: 0% (0 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