Madrid is a city located in Boone County, Iowa. Madrid has a 2026 population of 2,836. Madrid is currently growing at a rate of 0.21% annually and its population has increased by 1.29% since the most recent census, which recorded a population of 2,800 in 2020.
The median household income in Madrid is $89,844 with a poverty rate of 6.27%. The median age in Madrid is 40.3 years: 37.9 years for males, and 45.4 years for females. For every 100 females there are 98.3 males.
Data after 2023 is projected based on recent change
Overall: 40.3 years
Female: 45.4 years
Male: 37.9 years
There are 2,243 adults, (566 of whom are seniors) in Madrid.
Female: 1,416 (50.4%)
Male: 1,392 (49.6%)
The racial composition of Madrid includes 96.62% White, and smaller percentages for other race and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 2,713 | 96.62% |
| Two or more races | 90 | 3.21% |
| Other race | 5 | 0.18% |
Madrid 's average per capita income is $52,747. Household income levels show a median of $89,844. The poverty rate stands at 6.27%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $106,462 | - |
| Families | $102,350 | $104,482 |
| Households | $89,844 | $91,863 |
| Non Families | $51,648 | $62,015 |
Average Income
Median Household Income
Poverty Rate