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Madrid city, Iowa

City

Population: 2,803 (2023 estimate)

Located in Iowa , Iowa

Census Bureau data for Madrid city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Madrid city

What is the median household income in Madrid city?
The median household income in Madrid city is $86,915 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Madrid city?
The poverty rate in Madrid city is 4.1% (U.S. Census Bureau ACS 2023).
What is the median home value in Madrid city?
$185,100 (U.S. Census Bureau ACS 2023).
What is the average rent in Madrid city?
The median gross rent in Madrid city is $1,034 per month (U.S. Census Bureau ACS 2023).
What percentage of Madrid city residents have a college degree?
22.6% of adults in Madrid city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,803
Median Income
$86,915
Median Home Value
$185,100
Poverty Rate
4.1%
Unemployment (ACS 2023)
0.8%
Median Age
40.0 yrs
Since 2019 Median Income: +$23,020 (+36%) Home Value: +$49,400 (+36.4%) Poverty Rate: -5.5 pp (-57.3%) Bachelor's+: -2.9 pp (-11.4%) Unemployment: -2.4 pp (-75%)

Demographics

Total Population 2,803
Median Age 40.0
Female 50.2%
Race & Ethnicity
Hispanic or Latino 3.3% White (non-Hisp.) 94.6% Two or More 2.7% Other 0.2%
Hispanic Subgroups (% of total pop.)
Mexican
2.7%
Puerto Rican
0.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $86,915 ±$5,448
+$13,768 vs. state
Per Capita Income $96,004
Median Family Income $98,669
Poverty Rate 4.1%
-2.8 pp vs. state
Child Poverty Rate 8.3%
Working-Age Poverty Rate
SNAP Recipients 4.5%
Social Security Income
Retirement Income 25.5%
Household Income Distribution
< $10k
1.9%
$10–15k
1.7%
$15–25k
5.6%
$25–35k
4.8%
$35–50k
10.9%
$50–75k
17.3%
$75–100k
20.8%
$100–150k
28.5%
$150–200k
6.3%
$200k+
2.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,217
Owner-Occupied 82.0%
Renter-Occupied 18.0%
Vacancy Rate 6.7%
Median Home Value $185,100
-$10,800 vs. state
Median Gross Rent $1,034
Owner Cost Burden (30%+) 10.1%
Renter Cost Burden (30%+) 27.8%
Home Value Distribution
< $50k
4.1%
$50–100k
8.4%
$100–200k
22.5%
$200–300k
35.6%
$300–500k
5.9%
$500k–$1M
0.3%
$1M+
1.8%
Gross Rent Distribution
< $500
7.8%
$500–1k
38.2%
$1–1.5k
45.1%
$1.5–2k
3.4%
$2–2.5k
1.5%
$3.5k+
3.9%
Vehicle Availability
No vehicle
2.1%
1 vehicle
28.4%
2 vehicles
36.5%
3+
32.9%
Housing Type
Single-fam. det.
75.7%
Single-fam. att.
4.4%
2–4 units
2.7%
5–19 units
4.5%
20+ units
5.9%
Mobile home
4.6%
Housing Age
Pre-1940
36.2%
1940–1969
2.1%
1970–1999
15.6%
2000–2009
9.6%
2010+
6.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 89.6%
Bachelor's or Higher 22.6%
-8.3 pp vs. state
Graduate Degree 4.6%
Some College / Associate 20.0%
Less Than High School 0.7%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 63.0%
Unemployment Rate 0.8%
-2.8 pp vs. state
Work from Home 14.5%
Self-Employed 6.3%
Government Workers 9.9%
Private For-Profit 83.4%
Industry
Edu/Health
23.7%
Retail
15.7%
Construction
12.7%
Finance
10.7%
Prof. Services
9.1%
Manufacturing
8.3%
Wholesale
5.4%
Transportation
5.1%
Agriculture
2.5%
Public Admin
1.9%
Information
1.7%
Arts/Entmt.
0.3%
Occupation
Management
30.7%
Sales
25.6%
Construction
16.3%
Food Prep
14.8%
Production
12.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 25.9 min
Drove Alone 74.0%
Carpool 9.9%
Public Transit 0.1%
Work from Home 14.5%
Walked 0.8%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,136
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 43.2%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 17.1%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
4.8%
5–9
6.3%
10–14
4.8%
15–19
5.1%
20–24
5.4%
25–34
16.3%
35–44
12.1%
45–54
10.3%
55–64
6.1%
65–74
8.3%
75–84
10.0%
85+
5.7%
Under 18: 19.9% Working age (18–64): 80.1% 65 and over: 20.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 0.0%
Naturalized Citizen
Speaks English Less Than Very Well 0.0%

Veterans & Disability

Veteran 6.1%
With a Disability 10.7%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 93.8%
Uninsured 6.2%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 90.7%
Has a Computer 94.7%
Same House 1 Year Ago 82.6%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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