All Countries
Madrid, IA
Full City Profile · Iowa · Polk County County
3.8
/5.0
B+
Good
2,803
Population
2,298/sq mi density
$86,915
Median Income
$37,322 per capita
$185,100
Home Value
$275,847 Zillow
$1,034
Median Rent
20.8% income on rent
50°F
Avg Temperature
275 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$86,915 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$185,100 home value, $1,034/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.8 / 5.0
22.6% bachelor's degree or higher
Income Overview
Median Household Income
$86,915
16% above
US avg: $75,149
Per Capita Income
$37,322
4% below
US avg: $39,052
Unemployment Rate
0.5%
86% below
US avg: 3.6%
Poverty Rate
4.1%
67% below
US avg: 12.4%
Income Comparison: Madrid vs. U.S. Average
Each bar shows Madrid’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$86,915
116%
Per Capita
US: $39,052
$37,322
96%
IRS Avg AGI
US: $72,000
$93,610
130%
Avg Weekly Wage
US: $1,432
$1,395
97%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,395
3% below US avg ($1,432)
Mean Commute Time
26 min
6% below US avg (28 min)
Work From Home
14.5%
5% below US avg (15.2%)
Drive Alone
74.0%
1% above US avg (73.2%)
Public Transit
0.1%
97% below US avg (5.0%)
County GDP
$63,823M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
74%
Public Transit
0.1%
Work From Home
14.5%
Other
11.4%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
20,581
Restaurants
1,227
Healthcare
1,513
Retail
1,606
Manufacturing
341
Tax & Financial
IRS Avg Adjusted Gross Income
$93,610
30% above US avg ($72,000)
Avg Property Tax
$6,943
98% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $86,915 |
| Per Capita Income | $37,322 |
| IRS Avg Adjusted Gross Income | $93,610 |
| Avg Weekly Wage | $1,395 |
| County GDP | $63,823M |
Hardship Indicators
| Unemployment Rate | 0.5% |
| Poverty Rate | 4.1% |
| Gini Coefficient | 0.433 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 74.0% |
| Public Transit | 0.1% |
| Work From Home | 14.5% |
Businesses
| Total Establishments | 20,581 |
| Restaurants | 1,227 |
| Healthcare | 1,513 |
| Retail | 1,606 |
| Manufacturing | 341 |
Tax
| IRS Avg AGI | $93,610 |
| Avg Property Tax | $6,943 |