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CITY · 2020 ACS

Madrid

New Mexico · 247 residents · 1.39 sq mi
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The short version

The city has grown rapidly, with population up 66% since 2000. 63% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $191,700. With a median age of 55.2, the population is older than the US median of 38.8. The poverty rate of 69.2% is well above the national figure.

At a glance
Older
median age 55.2
US median: 38.8
More educated
63% hold a bachelor's degree
US average: 33%
Less affordable
home values up 34%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
247
+66%since 2000
from 149 in 2000
2000 – 2024
Population density
178 / sq mi
+66%since 2000
from 107 / sq mi in 2000
US average: 280
Median age
55.2
+42%since 2000
from 38.9 in 2000
US average: 38.8
Population, 2000 – 2024
351051752453152000201020202024Madrid
2024292
2000201020202024
Section 02

Income & economy

Per capita income
$14,102
−30%since 2000
from $20,025 in 2000
US average: $35,364
Households earning $100K+
2.3%
+2.3 ptssince 2009
from 0.0% in 2009
US average: 43.9%
Poverty rate
69.2%
+49.3 ptssince 2000
from 19.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Information19.2%
US avg: 11.1%
Finance & insurance9%
US avg: 5.5%
Education & health services9%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Wholesale trade0%
US avg: 6.7%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Professional, scientific, technical0%
US avg: 4.7%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$191,700
+34%inflation adjusted, since 2000
from $95,000 in 2000
US average: $265,253
2000 – 2024
Owner-occupied
75.9%
+12.4 ptssince 2000
from 63.4% in 2000
24.1% rent
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)
2020
White, non-Hispanic85.8%(212)
Black3.6%(9)
Hispanic / Latino2%(5)
Asian0%(0)
Other0%(0)
Diversity Score14.7%(36)
Diversity Score
15
−68%since 2000
from 46 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
63.2%
+12.6 ptssince 2000
from 50.6% in 2000
US average: 32.9%
High school or higher
100.0%
Unchangedsince 2000
from 100.0% in 2000
US average: 88.5%
Graduate degree
14.6%
−24.0 ptssince 2000
from 38.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
30.7 min
+56%since 2000
from 19.7 min in 2000
US average: 26.9
Drive alone to work
51.3%
+30.6 ptssince 2009
from 20.7% in 2009
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
8.2%
+8.2 ptssince 2011
from 0.0% in 2011
US average: 5.4%
Labor force participation
29.5%
−62.9 ptssince 2011
from 92.4% in 2011
US average: 63.4%
Management & professional
43.6%
−56.4 ptssince 2009
from 100.0% in 2009
US average: 39.3%
Section 08

People & community

Male
51.1%
−38.6 ptssince 2009
from 89.7% in 2009
Female
48.9%
+38.6 ptssince 2009
from 10.3% in 2009
Foreign born
2.2%
+2.2 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
40.2%
−37.3 ptssince 2013
from 77.5% in 2013
US average: 8.8%
Drill deeper

Places similar to Madrid

Floridatown
Pop 293
Harrison
Pop 318
Pinecraft
Pop 305
Gumbranch
Pop 261
Places similar to Madrid
Head to head

Compare Madrid to nearby cities

MADRID VS
Santa Fe
Income$73,482
Home value$444,900+132%
Population89,837+30666%
SEE FULL COMPARISON →
MADRID VS
Bernalillo
Income$63,880
Home value$255,500+33%
Population9,159+3037%
SEE FULL COMPARISON →
MADRID VS
Corrales
Income$102,307
Home value$571,500+198%
Population8,484+2805%
SEE FULL COMPARISON →
MADRID VS
North Valley
Income$61,498
Home value$302,700+58%
Population10,455+3480%
SEE FULL COMPARISON →
Frequently asked

How many people live in Madrid, New Mexico?

Madrid, New Mexico has about 247 residents according to the 2020 American Community Survey.

Is Madrid, New Mexico expensive?

In Madrid, New Mexico, the median home is worth about $191,700.

How educated are people in Madrid, New Mexico?

About 63.2% 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 69.2% 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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