Madrid, NY demographics:
population, income, and more
Madrid population
How many people live in Madrid
Madrid is home to 641 residents, according to the most recent Census data. Gender-wise, 52.1% of Madrid locals are male, and 47.9% are female.
Age demographics
The median age in Madrid is 36, with the population distributed as follows: about 26.8% are children under 15, then 5.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.5% of the population, while another 33.4% fall into the 45 to 64 bracket. Finally, around 9.7% are 65 or older.
Racial makeup
In Madrid, 95.3% of the population are US-born citizens, while 1.1% have gained naturalized citizenship. At the same time, 3.6% of residents are non-citizens. There’s also a share of 4.7% that includes residents with two or more races.
Households in Madrid
A peek inside Madrid households
Madrid has 216 households, with an average of 3 members in each. Of these, 67.6% are families, while the remaining 32.4% 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 236 units, with 68.6% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 4.7% 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 2.5% of the housing landscape.
The age of buildings in Madrid
In Madrid, the median construction year is 1947. About 48.3% of homes were built before the 1940s, with another 2.5% going up by 1949. Most development happened in the second half of the 20th century.
Madrid occupancy rates
Out of the 216 occupied housing units in Madrid, 74.1% are owner-occupied, while 25.9% are lived in by tenants. Meanwhile, 8.5% of all homes on the local market sit vacant.
Madrid housing costs
Housing costs in Madrid come to a median of $905 per month, while tenants specifically pay a median gross rent of $800.
Education in Madrid
Madrid education at a glance
About 36% of the population in Madrid went to high school, while 23.4% pursued college studies. Another 7.6% earned an associate degree and 18.3% hold a bachelor’s. Meanwhile, 13.8% 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 $84,428 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -4% change from the previous year. At the same time, the median income stood at $68,333, reflecting a -22.8% shift over the same period.
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 $89,063. Those with someone between 45 and 64 in charge, often well established professionally, earn $89,500 overall. Overall, 79.7% of the locals in this community live above the poverty line.
Average renter income in Madrid
To get a better sense of what renters earn on average in Madrid, their median household income was $37,969 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 25.3%, shows what portion of their earnings goes toward housing expenses.
Employment in Madrid
Workforce and job types in Madrid
The job market in Madrid is powered by 268 working residents, spread across a range of industries and roles. 84.7% of the working population are employed in professional or administrative positions, while 15.3% are in hands-on or service-based jobs. Also, 4.5% run their own businesses, 41.4% are employed by private companies, and 44.8% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Madrid stands at 6.6%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Madrid
How people get around in Madrid
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FAQs about Madrid demographics
What is the total population of Madrid?
What is the gender ratio in Madrid?
- 52.1% males (334 residents)
- 47.9% females (307 residents)
What is the median age in Madrid?
What is the age distribution of the population in Madrid?
- Under 15: 26.8% (172 residents)
- Ages 15-24: 5.6% (36 residents)
- Ages 25-44: 24.5% (157 residents)
- Ages 45-64: 33.4% (214 residents)
- Over 65: 9.7% (62 residents)
What is the racial and ethnic makeup of Madrid?
- White: 94.8% (608 residents)
- Black or African American: 0.5% (3 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: 4.7% (30 residents)
- Other: 0% (0 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: 84.7% (227 residents)
- Blue-collar workers: 15.3% (41 residents)
Places of employment:
- Self-employed: 4.5% (12 residents)
- Private companies: 41.4% (111 residents)
- Governmental workers: 44.8% (120 residents)
- Not-for-profit companies: 9.3% (25 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.