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CITY · 2010 ACS

Madrid

New Mexico · 204 residents · 1.39 sq mi
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The short version

Madrid has notably lower household income than the US average, with a median household income of $7,353. Population has grown 37% since 2000. 61% of adults hold a bachelor's degree or higher, well above the national rate of 28%. With a median age of 47.6, the population is older than the US median of 37.2. The poverty rate of 38.6% is well above the national figure. Households here earn about 83% less than the New Mexico median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 47.6
US median: 37.2
More educated
61% hold a bachelor's degree
US average: 28%
Renter-heavy
37% owner-occupied
US average: 45%
Section 01

Population & growth

Total population
204
+37%since 2000
from 149 in 2000
2000 – 2024
Population density
147 / sq mi
+37%since 2000
from 107 / sq mi in 2000
US average: 261
Median age
47.6
+22%since 2000
from 38.9 in 2000
US average: 37.2
Population, 2000 – 2024
351051752453152000201020202024Madrid
2024292
2000201020202024
Section 02

Income & economy

Median household income
$7,353
−73%inflation adjusted, since 2000
from $21,905 in 2000
US average: $52,703
2000 – 2018
Per capita income
$15,870
−21%since 2000
from $20,025 in 2000
US average: $27,286
Households earning $100K+
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 33.3%
Poverty rate
38.6%
+18.8 ptssince 2000
from 19.8% in 2000
US average: 13.8%
Income inequality (Gini)
0.453
US average: 0.461
Workforce by industry, 2010
Wholesale trade7.7%
US avg: 7.2%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Retail trade0%
US avg: 10.9%
Transportation & warehousing0%
US avg: 3.1%
Information0%
US avg: 11.5%
Finance & insurance0%
US avg: 5.1%
Professional, scientific, technical0%
US avg: 4.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 2.4%
Other services0%
US avg: 7%
Public administration0%
US avg: 4.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median gross rent
$907
+36%inflation adjusted, since 2000
from $525 in 2000
US average: $853
Owner-occupied
37.3%
−26.1 ptssince 2000
from 63.4% in 2000
42.5% rent
Vacancy rate
37.9%
+37.9 ptssince 2009
from 0.0% in 2009
US average: 12.1%
Owner cost-burdened
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 30.9%
Renter cost-burdened
88.1%
+13.7 ptssince 2009
from 74.5% in 2009
US average: 46.8%
RELATED:See current rent listings in Madrid on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic73.8%(110)
Black2%(3)
Hispanic / Latino20.8%(31)
Asian0%(0)
Other0%
Diversity Score46.2%(69)
2010
White, non-Hispanic93.1%(190)
Black0%(0)
Hispanic / Latino3.4%(7)
Asian0.5%(1)
Other33%(67)
Diversity Score52.7%(108)
Diversity Score
53
+14%since 2000
from 46 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
61.4%
+10.8 ptssince 2000
from 50.6% in 2000
US average: 27.9%
High school or higher
100.0%
Unchangedsince 2000
from 100.0% in 2000
US average: 84.9%
Graduate degree
53.4%
+14.9 ptssince 2000
from 38.6% in 2000
US average: 10.2%
Section 06

Commute & transportation

Drive alone to work
55.4%
+34.7 ptssince 2009
from 20.7% in 2009
US average: 76.2%
Carpooled to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
44.6%
−15.7 ptssince 2009
from 60.3% in 2009
US average: 4.1%
Walked to work
0.0%
−19.0 ptssince 2009
from 19.0% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 12.9%
Management & professional
92.3%
−7.7 ptssince 2009
from 100.0% in 2009
US average: 35.2%
Section 08

People & community

Male
72.7%
−16.9 ptssince 2009
from 89.7% in 2009
Female
27.3%
+16.9 ptssince 2009
from 10.3% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 12.8%
Veterans
5.7%
−84.0 ptssince 2009
from 89.7% in 2009
US average: 9.9%
Drill deeper

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Compare Madrid to nearby cities

MADRID VS
Santa Fe
Income$73,482+899%
Home value$444,900
Population89,837+30666%
SEE FULL COMPARISON →
MADRID VS
Bernalillo
Income$63,880+769%
Home value$255,500
Population9,159+3037%
SEE FULL COMPARISON →
MADRID VS
Corrales
Income$102,307+1291%
Home value$571,500
Population8,484+2805%
SEE FULL COMPARISON →
MADRID VS
North Valley
Income$61,498+736%
Home value$302,700
Population10,455+3480%
SEE FULL COMPARISON →
Frequently asked

How many people live in Madrid, New Mexico?

Madrid, New Mexico has about 204 residents according to the 2010 American Community Survey.

What is the median household income in Madrid, New Mexico?

The typical household in Madrid, New Mexico earns about $7,353 a year. Half of households make more than that, and half make less.

Is Madrid, New Mexico expensive?

In Madrid, New Mexico, the typical rent is about $907 a month.

How educated are people in Madrid, New Mexico?

About 61.4% of adults age 25 and over in Madrid, New Mexico hold a bachelor's degree or higher.

What is the poverty rate in Madrid, New Mexico?

About 38.6% of people in Madrid, New Mexico live below the federal poverty line.

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

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