At a Glance
Median Income
$38,750
$26,511 per capita
Home Value
$129,500
Zillow: $157,485
Median Rent
$825/mo
29.2% of income on rent
Bachelor's Degree+
11.4%
79.3% high school+
Unemployment
1.1%
12.8% poverty rate
Obesity Rate
38.9%
17.8% smoking rate
How Madrid Compares to the U.S. Average
Each bar shows Madrid's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Madrid a Good Place to Live?
B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Madrid residents earn a median household income of $38,750 , which is 48% below the national average of $75,149.
Per capita income is $26,511. The unemployment rate stands at 1.1% (69% below the U.S. rate of 3.6%). 12.8% of residents live below the poverty line. The area is home to 3,720 business establishments, including 295 restaurants.
Housing & Cost of Living
The median home value in Madrid is $129,500 , 54% below the national median of $281,900.
Zillow estimates the typical home at $157,485. Median rent is $825/month, with 29.2% of renters spending more than 30% of income on housing. The cost of living index is 88.8 (100 = national average). The median home was built in 1990.
Education
11.4% of adults in Madrid hold a bachelor's degree or higher
(66% below the national average).
79.3% have completed high school. Local schools score 5.0/10 in standardized testing.
Climate & Weather
Madrid has an average annual temperature of 67°F (20°C).
Winters average 51°F in January while summers reach 82°F in July. Annual precipitation totals 57.6 inches.
Data Overview
People
Population253
Median Age46.4 yrs
Density145/mi²
Male / Female46% / 54%
Foreign Born0.0%
Veterans10.7%
Economy
B
Median Income$38,750
Per Capita$26,511
Unemployment1.1%
Poverty12.8%
County GDP$8,043M
Avg Weekly Wage$1,029
Housing
A+
Home Value$129,500
Rent$825
Ownership89.0%
Zillow$157,485
Housing Units134
Rent Burden29.2%
Health
Obesity38.9%
Diabetes12.3%
Smoking17.8%
Heart Disease6.7%
Premature Death11,251/100K
Climate
Avg Temp67°F
Rain57.6 in/yr
Elevation181 ft
Education
D
Bachelor's+11.4%
High School+79.3%
Graduate+2.8%
School Score5.0/10
Community
2024 VoteR 73% / D 26%
Commute29 min
Broadband81.7%
Internet Speed62 Mbps
EV Stations15
Libraries4
Did You Know?
The median home in Madrid was built in 1990.
The nearest airport is Dothan Regional (20 miles).
The Gini coefficient (income inequality) is 0.483 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
25.3% of the population has a disability.
There are 295 restaurants in the area.
The county recorded 17 fatal vehicle crashes.
91 declared natural disasters on record.