At a Glance
Home Value
$380,000
Zillow: $812,179
Bachelor's Degree+
91.9%
100.0% high school+
Unemployment
0.0%
0.0% poverty rate
Obesity Rate
23.9%
10.1% 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?
A+
5.0 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Housing & Cost of Living
The median home value in Madrid is $380,000 , 35% above the national median of $281,900.
Zillow estimates the typical home at $812,179. The cost of living index is 92.2 (100 = national average). The median home was built in 1938.
Education
91.9% of adults in Madrid hold a bachelor's degree or higher
(173% above the national average).
100.0% have completed high school. Local schools score 7.3/10 in standardized testing.
Climate & Weather
Madrid has an average annual temperature of 52°F (11°C).
Winters average 32°F in January while summers reach 73°F in July. Annual precipitation totals 14.8 inches.
Data Overview
People
Population248
Median Age59.6 yrs
Density178/mi²
Male / Female65% / 35%
Foreign Born3.2%
Veterans0.0%
Economy
Median Income
Per Capita$26,818
Unemployment0.0%
Poverty0.0%
County GDP$3,815M
Avg Weekly Wage$2,191
Housing
Home Value$380,000
Rent
Ownership23.8%
Zillow$812,179
Housing Units286
Rent Burden17.5%
Health
Obesity23.9%
Diabetes7.0%
Smoking10.1%
Heart Disease4.9%
Premature Death3,583/100K
Climate
Avg Temp52°F
Rain14.8 in/yr
Elevation6,124 ft
Education
A+
Bachelor's+91.9%
High School+100.0%
Graduate+23.8%
School Score7.3/10
Community
2024 VoteR 33% / D 63%
Broadband31.7%
Internet Speed38 Mbps
EV Stations82
Libraries2
Did You Know?
The median home in Madrid was built in 1938.
The nearest airport is Santa Fe Regional (14 miles).
The Gini coefficient (income inequality) is 0.391 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
4.8% of the population has a disability.