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CITY

Madrid

New York · 641 residents · 3.727 sq mi
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The short version

Madrid has lower-than-average household income, with a median household income of $68,333. Population has declined 15% since 2023. Median home value is $139,100. The poverty rate of 20.6% is well above the national figure.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 36.1
US median: 38.9
Average education
32% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

641
−15%since 2023
from 753 in 2023
2010 – 2024
172 / sq mi
−15%since 2023
from 202 / sq mi in 2023
US average: 281
36.1
−1%since 2023
from 36.4 in 2023
US average: 38.9
Population, 20102024
623677732786840201020202024Madrid
2024641
201020202024
Age distribution, 2024
Under 57.3%(47)
US avg: 5.6%
5 to 914.4%(92)
US avg: 6%
10 to 145.1%(33)
US avg: 6.4%
15 to 192.2%(14)
US avg: 6.6%
20 to 243.4%(22)
US avg: 6.5%
25 to 3417%(109)
US avg: 13.7%
35 to 447.5%(48)
US avg: 13.2%
45 to 5420.3%(130)
US avg: 12.2%
55 to 6413.1%(84)
US avg: 12.7%
65 to 745.6%(36)
US avg: 10.2%
75 to 842.3%(15)
US avg: 5.1%
85 and over1.7%(11)
US avg: 1.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02

Income & economy

$68,333
−25%inflation adjusted, since 2023
from $88,500 in 2023
US average: $82,259
2010 – 2024
$28,267
−2%since 2023
from $28,987 in 2023
US average: $44,673
Households earning $100K+
46.3%
−7.7 ptssince 2023
from 54.0% in 2023
US average: 53.3%
20.6%
+7.1 ptssince 2023
from 13.5% in 2023
US average: 12.5%
0.369
+13%since 2023
from 0.327 in 2023
US average: 0.476
Workforce by industry, 2024
Information14.6%
US avg: 10.8%
Other services8.2%
US avg: 6.7%
Finance & insurance7.5%
US avg: 5.9%
Retail trade7.1%
US avg: 9.9%
Public administration6.3%
US avg: 4.8%
Education & health services4.1%
US avg: 0.9%
Professional, scientific, technical3.4%
US avg: 5.1%
Arts, entertainment, food1.9%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03

Housing

$139,100
−1%inflation adjusted, since 2023
from $136,700 in 2023
US average: $376,019
2010 – 2024
$800
−9%inflation adjusted, since 2023
from $850 in 2023
US average: $1,442
74.1%
+1.5 ptssince 2023
from 72.6% in 2023
25.9% rent
8.5%
+0.3 ptssince 2023
from 8.1% in 2023
US average: 10.0%
11.9%
+9.7 ptssince 2023
from 2.2% in 2023
US average: 22.9%
32.1%
−9.0 ptssince 2023
from 41.2% in 2023
US average: 47.4%
2.0
+32%since 2023
from 1.5 in 2023
2010 – 2024
Our index: median home value divided by median household income. Lower is more affordable.
68
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
RELATED:See current rent listings in Madrid on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic94.3%(710)
Black0.4%(3)
Hispanic / Latino2%(15)
Asian0.8%(6)
Other2.5%(19)
2024
White, non-Hispanic94.9%(608)
Black0.5%(3)
Hispanic / Latino1.2%(8)
Asian0%(0)
Other3.4%(22)
12
−10%since 2023
from 14 in 2023
2011 – 2024
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins

Detailed origins & ancestry

Hispanic origin
Mexican1.2%(8)
Ancestry
Irish26.4%(169)
English14.2%(91)
French14.2%(91)
American11.5%(74)
German7.2%(46)
Scottish6.2%(40)
Italian2.5%(16)
Dutch1.2%(8)
Canadian0.3%(2)
Hungarian0.3%(2)
+ 1 more ancestry group with data
Norwegian0.3%(2)
RANKED:Largest Irish population · Largest English population · Largest French population · Largest American population · Largest German population
Section 05

Education

31.9%
+5.6 ptssince 2023
from 26.2% in 2023
US average: 35.6%
High school or higher
99.1%
+3.4 ptssince 2023
from 95.6% in 2023
US average: 89.6%
14.5%
+2.2 ptssince 2023
from 12.3% in 2023
US average: 14.0%
Section 06

Commute & transportation

18.9 min
−8%since 2023
from 20.6 min in 2023
US average: 26.5
78.3%
−2.2 ptssince 2023
from 80.4% in 2023
US average: 68.9%
11.5%
+1.5 ptssince 2023
from 9.9% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
10.3%
+0.6 ptssince 2023
from 9.6% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
9.3%
+2.0 ptssince 2023
from 7.3% in 2023
US average: 8.3%
Section 07

Work & employment

6.6%
+2.0 ptssince 2023
from 4.6% in 2023
US average: 5.2%
61.7%
−5.1 ptssince 2023
from 66.8% in 2023
US average: 63.5%
29.5%
+5.9 ptssince 2023
from 23.6% in 2023
US average: 13.1%
48.1%
+4.4 ptssince 2023
from 43.8% in 2023
US average: 42.5%
Section 08

People & community

52.1%
−0.6 ptssince 2023
from 52.7% in 2023
47.9%
+0.6 ptssince 2023
from 47.3% in 2023
3.6%
−1.7 ptssince 2023
from 5.3% in 2023
US average: 14.1%
6.8%
−1.4 ptssince 2023
from 8.2% in 2023
US average: 6.2%
13.1%
+0.6 ptssince 2023
from 12.5% in 2023
US average: 13.3%
3.6%
−0.3 ptssince 2023
from 3.9% in 2023
US average: 8.4%
90.3%
−5.3 ptssince 2023
from 95.6% in 2023
US average: 91.0%
96.8%
+2.9 ptssince 2023
from 93.9% in 2023
US average: 77.7%
1.9%
−1.0 ptssince 2023
from 2.8% in 2023
US average: 13.6%
Marital status
Men 15+
Never married30%(74)
Married59.1%(146)
Widowed0%(0)
Divorced10.9%(27)
Women 15+
Never married19.4%(43)
Married56.8%(126)
Widowed9%(20)
Divorced14.9%(33)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
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Frequently asked

How many people live in Madrid, New York?

Madrid, New York has about 641 residents according to the 2024 American Community Survey.

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

The typical household in Madrid, New York earns about $68,333 a year. Half of households make more than that, and half make less.

Is Madrid, New York expensive?

In Madrid, New York, the median home is worth about $139,100, and the typical rent is about $800 a month.

How educated are people in Madrid, New York?

About 31.9% of adults age 25 and over in Madrid, New York hold a bachelor's degree or higher.

What is the poverty rate in Madrid, New York?

About 20.6% of people in Madrid, New York live below the federal poverty line.

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

How we source and harmonize this data →