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CITY · 2020 ACS

Madrid

Nebraska · 242 residents · 1.132 sq mi
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The short version

Madrid has lower-than-average household income, with a median household income of $53,571. Population has declined 9% since 2000. 10% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $70,800. Poverty is rare here, at 5.0% of residents.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 42.0
US median: 38.8
Less educated
10% hold a bachelor's degree
US average: 33%
Less affordable
home values up 50%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
242
−9%since 2000
from 265 in 2000
1990 – 2025
Population density
214 / sq mi
−9%since 2000
from 234 / sq mi in 2000
US average: 280
Median age
42.0
+7%since 2000
from 39.3 in 2000
US average: 38.8
Population, 1990 – 2024
1802272743213681990201020202024Madrid
2024226
1990201020202024
Section 02

Income & economy

Median household income
$53,571
Unchangedinflation adjusted, since 2000
from $35,536 in 2000
US average: $66,278
1990 – 2024
Per capita income
$25,782
+65%since 2000
from $15,607 in 2000
US average: $35,364
Households earning $100K+
26.1%
+8.0 ptssince 2009
from 18.1% in 2009
US average: 43.9%
Poverty rate
5.0%
−6.6 ptssince 2000
from 11.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade20.9%
US avg: 10%
Wholesale trade15.5%
US avg: 6.7%
Information12.7%
US avg: 11.1%
Agriculture, forestry, fishing10%
US avg: 1.7%
Construction10%
US avg: 1.2%
Transportation & warehousing1.8%
US avg: 2.5%
Finance & insurance1.8%
US avg: 5.5%
Education & health services1.8%
US avg: 0.8%
Arts, entertainment, food1.8%
US avg: 2%
Other services0.9%
US avg: 6.6%
Public administration0.9%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Professional, scientific, technical0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$70,800
+50%inflation adjusted, since 2000
from $31,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$900
+88%inflation adjusted, since 2000
from $319 in 2000
US average: $1,124
Owner-occupied
84.2%
+5.4 ptssince 2000
from 78.8% in 2000
15.8% rent
Afford Score
1.3
+50%since 2000
from 0.9 in 2000
1990 – 2024
RELATED:See current rent listings in Madrid on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.5%(245)
Black0%(0)
Hispanic / Latino7.2%(19)
Asian0%(0)
Other0%
Diversity Score16.7%(44)
2020
White, non-Hispanic88.4%(214)
Black1.2%(3)
Hispanic / Latino6.2%(15)
Asian0.4%(1)
Other0%(0)
Diversity Score19%(46)
Diversity Score
19
+14%since 2000
from 17 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
10.2%
−5.6 ptssince 2000
from 15.8% in 2000
US average: 32.9%
High school or higher
77.7%
−6.5 ptssince 2000
from 84.2% in 2000
US average: 88.5%
Graduate degree
1.9%
−1.9 ptssince 2000
from 3.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
20.0 min
+79%since 2000
from 11.2 min in 2000
US average: 26.9
Drive alone to work
85.8%
+9.1 ptssince 2009
from 76.8% in 2009
US average: 75.1%
No vehicle available
1.1%
+1.1 ptssince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.8%
−6.0 ptssince 2011
from 7.8% in 2011
US average: 5.4%
Labor force participation
65.1%
+8.3 ptssince 2011
from 56.9% in 2011
US average: 63.4%
Management & professional
21.8%
−35.8 ptssince 2009
from 57.6% in 2009
US average: 39.3%
Section 08

People & community

Male
46.8%
−6.7 ptssince 2009
from 53.6% in 2009
Female
53.2%
+6.7 ptssince 2009
from 46.4% in 2009
Foreign born
7.7%
+7.7 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
10.4%
−71.9 ptssince 2013
from 82.3% in 2013
US average: 8.8%
Drill deeper

Places similar to Madrid

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Pop 239
Lexington
Pop 218
Ebro
Pop 249
Brinson
Pop 215
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Head to head

Compare Madrid to nearby cities

MADRID VS
North Platte
Income$58,097+8%
Home value$169,100+139%
Population22,524+9364%
SEE FULL COMPARISON →
MADRID VS
Sterling
Income$43,283−19%
Home value$217,400+207%
Population13,054+5385%
SEE FULL COMPARISON →
MADRID VS
Lexington
Income$67,666+26%
Home value$159,100+125%
Population11,176+4596%
SEE FULL COMPARISON →
Frequently asked

How many people live in Madrid, Nebraska?

Madrid, Nebraska has about 242 residents according to the 2020 American Community Survey.

What is the median household income in Madrid, Nebraska?

The typical household in Madrid, Nebraska earns about $53,571 a year. Half of households make more than that, and half make less.

Is Madrid, Nebraska expensive?

In Madrid, Nebraska, the median home is worth about $70,800, and the typical rent is about $900 a month.

How educated are people in Madrid, Nebraska?

About 10.2% of adults age 25 and over in Madrid, Nebraska hold a bachelor's degree or higher.

What is the poverty rate in Madrid, Nebraska?

About 5.0% of people in Madrid, Nebraska live below the federal poverty line.

Has Madrid, Nebraska grown since 1990?

Yes, Madrid, Nebraska has shrunk since 1990. The population has lost about 50 residents, a change of about -17 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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