All Countries
Madrid, NE
Full City Profile · Nebraska · Perkins County County
Madrid, NE
At a Glance
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)
Is Madrid a Good Place to Live?
Economy & Jobs
Madrid residents earn a median household income of $71,750 , which is 5% below the national average of $75,149. Per capita income is $27,271. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 7.8% of residents live below the poverty line. The area is home to 152 business establishments, including 5 restaurants.
Housing & Cost of Living
The median home value in Madrid is $101,300 , 64% below the national median of $281,900. Zillow estimates the typical home at $192,435. Median rent is $850/month, with 16.7% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1959.
Safety & Crime
Madrid reports 66 violent crimes per 100,000 residents , which is 83% below the national average of 380/100K. Property crime is 2,579/100K.
Education
12.9% of adults in Madrid hold a bachelor's degree or higher (62% below the national average). 77.6% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Madrid has an average annual temperature of 50°F (10°C). Winters average 27°F in January while summers reach 75°F in July. The area gets 308 sunny days per year. Annual precipitation totals 21.5 inches. Air quality is rated Good with a median AQI of 32.