Madrid, NM

New Mexico

Madrid is a small town in New Mexico with a population of 248.

5.0 /5.0
A+ Excellent
248 Population 178/sq mi density
N/A Median Income $26,818 per capita
$380,000 Home Value
N/A Median Rent
50°F Avg Temperature
A+
Overall
5.0 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Education
5.0 / 5.0
91.9% bachelor's degree or higher
Home Value $380,000
35% higher than US avg
Bachelor's+ 91.9%
173% higher than US avg
Obesity Rate 23.9%
26% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 0.0%
100% lower than US avg

How Madrid Compares to the U.S. Average (100% = U.S. avg)

People

Population248
Median Age59.6 yrs
Density178/mi²
Male / Female65% / 35%
Largest GroupWhite 87%

Economy

Median IncomeN/A
Per Capita$26,818
Unemployment0.0%
Poverty0.0%
County GDP$3,815M

Housing

Home Value$380,000
RentN/A
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

Obesity23.9%
UninsuredN/A
Depression28.7%
Heart Disease4.9%

Climate

Avg Temp50°F
AQI37 (Good)
Elevation6,124 ft

Education

A+
Bachelor's+91.9%
High School+100.0%
School Score4.65

Community

2024 VoteR 33% / D 63%
CommuteN/A
Libraries2

Is Madrid a Good Place to Live?

Based on current data, Madrid receives an overall livability score of 5.0 out of 5.0, earning a grade of A+. Key strengths include low unemployment, a highly educated population, a low poverty rate. Madrid stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The job market is very strong with unemployment at just 0.0%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%.

Cost of Living & Housing

The median home value in Madrid is $380,000, 35% above the national median.

Education

Madrid is a highly educated community — 91.9% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 100.0% have completed high school. Area schools have an average test score of 4.7/10.

Climate & Weather

Madrid experiences four distinct seasons with an average temperature of 50°F. Winters average 31°F in January while summers reach 68°F in July. Air quality is rated Good with a median AQI of 37.

Madrid has a population of 248 with a density of 178 people per square mile. The median age is 59.6 years, 53% older than the national median of 38.9. The city is predominantly White (87.1%).

Population

248
Total Population
178
People / sq mi
59.6yrs
Median Age
53% above US avg
1.4mi²
Land Area

Gender Distribution

Male 65.3%
Female 34.7%

Race & Ethnicity

Madrid vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Madrid vs U.S. Average

The median household income in Madrid is N/A. The unemployment rate is 0.0% (below the 3.6% US average). 0.0% of residents live below the poverty line.

Income: Madrid vs U.S.

Commute Mode

Income

Per Capita Income$26,818
Avg Weekly Wage$2,191
IRS Avg AGI$130,620

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)606
County GDP$3,815M

Business (County)

Restaurants34
Healthcare72
Retail30
Manufacturing8

Tax & Cost of Living

Property Tax (IRS)$3,973
14% above US avg
Effective Tax Rate1.05%

Commute & Transportation

Work from Home0.0%

Walkability

The median home value in Madrid is $380,000, 35% above the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$380,000
35% above US avg
Median List Price$500,000

Real Estate Market (Redfin)

Median List Price$500,000
$/Sq Ft$346
Homes Sold1
Sale-to-List Ratio93.7%
Price Drops0.0%
Inventory2

Rental Costs

HUD Fair Market Rent

Studio$828
1 Bedroom$927
2 Bedrooms$1,129
3 Bedrooms$1,496
4 Bedrooms$1,758

Ownership & Property

Owner-Occupied23.8%

Property Tax

Avg Tax (IRS)$3,973
14% above US avg
Effective Rate1.05%
In Madrid, 23.9% of adults are obese (below the 32.1% national rate). 28.7% report depression. 13.9% are physically inactive.

Health Metrics: Madrid vs U.S. Average (%)

Chronic Conditions

Obesity23.9%
26% below US avg
Diabetes7.0%
Heart Disease4.9%
High Blood Pressure24.8%
Asthma11.0%
COPD4.7%
Stroke2.5%

Behaviors & Mental Health

Binge Drinking15.7%
Physical Inactivity13.9%
Depression28.7%
Mental Distress16.7%
Physical Distress11.1%

Healthcare Access

Insurance Rate59.9%
Checkup Rate68.4%
Premature Death3,583/100K

Food & Exercise

Food Environment9.3/10
Exercise Access99.3%
Healthcare Facilities72

Crime Rates: Madrid vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Safety Score

Madrid has an average annual temperature of 50°F (10°C). Winters average 31°F in January while summers reach 68°F in July. Air quality is rated Good with a median AQI of 37.

Temperature

31°F Jan (-0°C) 68°F Jul (20°C)
Annual Average49.5°F
8% below US avg
January Average31°F (-0°C)
July Average68°F (20°C)

Precipitation & Snow

Air Quality

AQI Median37.0
RatingGood

Geography

Elevation6,124 ft (1,867 m)
Area1.4 sq mi (3.6 km²)
Population Density178/sq mi
Coordinates35.4033°N, 106.1538°W
County FIPS35028
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 91.9% of residents hold a bachelor's degree or higher (173% above US avg). In the 2024 election, the county voted Democrat by a 30.2-point margin.

2024 Presidential Election (County)

R 33.2%
D 63.4%

Winner: Democrat by 30.2 points

Education

Bachelor's Degree+91.9%
173% above US avg
High School+100.0%
School Test Score4.65
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density178/sq mi
Total Area1.4 sq mi

Infrastructure & Services

Public Libraries2
Healthcare Facilities72
Restaurants34
Retail Stores30

Safety & Disasters

Commute & Transportation

Work from Home0.0%

Nearby Cities

Compare Madrid with another city: