Madrid
Madrid has notably lower household income than the US average, with a median household income of $39,750. Population has fallen 27% since 2000, a loss of 83 residents. 10% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has roughly tripled since 2000, reaching $122,500. With a median age of 54.6, the population is older than the US median of 38.9. Households here earn about 38% less than the Alabama median.
Population & growth
PEP 2025 EST:263 residents (Census Bureau Vintage 2025, released March 2026)
Income & economy
Housing
Race & ethnicity
Education
Commute & transportation
Work & employment
People & community
Places similar to Madrid
Compare Madrid to nearby cities
How many people live in Madrid, Alabama?
Madrid, Alabama has about 220 residents according to the 2024 American Community Survey.
What is the median household income in Madrid, Alabama?
The typical household in Madrid, Alabama earns about $39,750 a year. Half of households make more than that, and half make less.
Is Madrid, Alabama expensive?
In Madrid, Alabama, the median home is worth about $122,500, and the typical rent is about $1,000 a month.
How educated are people in Madrid, Alabama?
About 10.0% of adults age 25 and over in Madrid, Alabama hold a bachelor's degree or higher.
What is the poverty rate in Madrid, Alabama?
About 14.2% of people in Madrid, Alabama live below the federal poverty line.
Has Madrid, Alabama grown since 1990?
Yes, Madrid, Alabama has grown since 1990. The population has added about 25 residents, a change of about 13 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024