At a Glance
Median Income
$86,915
$37,322 per capita
Home Value
$185,100
Zillow: $275,847
Median Rent
$1,034/mo
20.8% of income on rent
Violent Crime
0/100K
825/100K property
Bachelor's Degree+
22.6%
89.6% high school+
Unemployment
0.5%
4.1% poverty rate
Obesity Rate
41.3%
13.2% smoking rate
Avg Temperature
50°F
275 sunny days/yr
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+
3.8 / 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 $86,915 , which is 16% above the national average of $75,149.
Per capita income is $37,322. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 4.1% of residents live below the poverty line. The area is home to 20,581 business establishments, including 1,227 restaurants.
Housing & Cost of Living
The median home value in Madrid is $185,100 , 34% below the national median of $281,900.
Zillow estimates the typical home at $275,847. Median rent is $1,034/month, with 20.8% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1962.
Safety & Crime
Madrid reports 0 violent crimes per 100,000 residents
, which is 100% below the national average of 380/100K.
Property crime is 825/100K.
Education
22.6% of adults in Madrid hold a bachelor's degree or higher
(33% below the national average).
89.6% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Madrid has an average annual temperature of 50°F (10°C).
Winters average 22°F in January while summers reach 75°F in July. The area gets 275 sunny days per year. Annual precipitation totals 36.2 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population2,803
Median Age40.1 yrs
Density2,298/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans6.1%
Economy
A+
Median Income$86,915
Per Capita$37,322
Unemployment0.5%
Poverty4.1%
County GDP$63,823M
Avg Weekly Wage$1,395
Housing
A+
Home Value$185,100
Rent$1,034
Ownership82.0%
Zillow$275,847
Housing Units1,259
Rent Burden20.8%
Crime
C+
Violent0/100K
Property825/100K
Health
Obesity41.3%
Diabetes8.3%
Smoking13.2%
Heart Disease4.7%
Premature Death7,653/100K
Climate
Avg Temp50°F
Sunny Days275/yr
Rain36.2 in/yr
AQI43 (Good)
Elevation1,018 ft
Education
C+
Bachelor's+22.6%
High School+89.6%
Graduate+4.3%
School Score5.7/10
Community
2024 VoteR 44% / D 55%
Commute26 min
Broadband90.7%
Internet Speed130 Mbps
EV Stations1
Libraries19
Did You Know?
Madrid was founded in 1846.
The median home in Madrid was built in 1962.
The nearest airport is Des Moines International (27 miles).
The Gini coefficient (income inequality) is 0.433 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
11.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 130 Mbps.
There are 1,227 restaurants in the area.
The county recorded 33 fatal vehicle crashes.
91 declared natural disasters on record.
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