Madrid, Iowa Population 2024

2,782

Madrid is a city located in Boone County Iowa. Madrid has a 2024 population of 2,782. Madrid is currently declining at a rate of -0.36% annually and its population has decreased by -0.61% since the most recent census, which recorded a population of 2,799 in 2020.

The average household income in Madrid is $78,442 with a poverty rate of 9.84%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Madrid is 43.4 years, 38.2 years for males, and 50.6 years for females.

Madrid Demographics

According to the most recent ACS, the racial composition of Madrid was:

  • White: 98.31%
  • Two or more races: 1.44%
  • Black or African American: 0.25%
  • Native American:
  • Asian:
  • Native Hawaiian or Pacific Islander:
  • Other race:
State
Iowa
Land Area (mi²)
1.2 sq mi
Density (mi²)
2,272.30/sq mi
Growth Since 2020
-0.61% (-17)
The current population of Madrid, Iowa is 2,782 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 2,799.

Madrid, Iowa Population 2024

Population by Race

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Race
Population
Percentage (of total)
White2,73798.31%
Two or more races401.44%
Black or African American70.25%
Native American
Asian
Native Hawaiian or Pacific Islander
Other race
showing: 7 rows

White

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Madrid Population by Race

Madrid Population Pyramid 2024

Madrid Median Age

43.4

Total

38.2

Male

50.6

Female

Madrid Adults

There are 2,246 adults, (613 of whom are seniors) in Madrid.

Madrid Age Dependency

70.5

Age Dependency Ratio

37.5

Old Age Dependency Ratio

32.9

Child Dependency Ratio

Madrid Sex Ratio

Female1,41650.86%
Male1,36849.14%

Madrid Population by Age

Madrid Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,1812.288119
Married5113.0693.56.5
Non Family4911.2371.128.9
Female1322.5879.520.5
Male474.0653.246.8
showing: 5 rows

2.79

Average Family Size

2.28

Average Household Size

81.0%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Madrid Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Madrid Educational Attainment by Sex (over 25)

Madrid Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among 2+ races people with a rate of 100%.

The highest rate of bachelors degrees is among 2+ races people with a rate of 66.67%.

Madrid Educational Attainment by Race

All

Male

Female

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$51,223

Average Earnings

$54,760

Average Male

$46,569

Average Female

Madrid Earnings by Educational Attainment

Madrid Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Madrid Language

96.88% of Madrid residents speak only English, while 3.12% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.22% of the population.

Madrid Language

Madrid Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White2,5592369.22%
Hispanic602440%
showing: 2 rows

9.84%

Overall Poverty Rate

8.48%

Male Poverty Rate

11.24%

Female Poverty Rate

Poverty in Madrid

The race most likely to be in poverty in Madrid is Hispanic, with 40% below the poverty level.

The race least likely to be in poverty in Madrid is White, with 9.22% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 1.96%. Among those working part-time, it was 21.93%, and for those that did not work, the poverty rate was 15.03%.

Madrid Poverty

rate

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Rate
Poverty
Some College13.09%
High School8.69%
Less Than 9th Grade
Bachelors or Greater
showing: 4 rows

Madrid Poverty Rate by Education

rate

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Rate
Poverty
Male Employed6.63%
Female Employed4.7%
Male Unemployed
Female Unemployed
showing: 4 rows

Madrid Poverty Rate by Employment Status and Sex

Madrid Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Madrid Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

44.6%

Overall Marriage Rate

42.8%

Male Marriage Rate

46.5%

Female Marriage Rate

Madrid Married by Age and Sex

male

female

Madrid Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 55-64.

Madrid Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Madrid Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

170

Number of Veterans

148

Male Veterans

22

Female Veterans

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Madrid Veterans by War

count

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Madrid Veterans by Age

count

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Madrid Veterans by Race

Madrid Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

Veteran Poverty Rate

23.46%

Veteran Disability Rate

Madrid Veterans by Education

LaborForceParticipation

60.3%

Labor Force Participation

59.6%

Employment Rate

1.1%

Unemployment Rate

Madrid Employment by Age

LaborForceParticipation

Madrid Employment by Race

LaborForceParticipation

Madrid Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

81.21%

Born in Madrid

100%

Native Born

Foreign Born

Non Citizen

Naturalized

Place of Birth

100% of Madrid residents were born in the United States, with 81.21% having been born in Iowa. of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Madrid Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20292,732-10-0.36%
20282,742-10-0.36%
20272,752-10-0.36%
20262,762-10-0.36%
20252,772-10-0.36%
20242,782-10-0.36%
20232,792-10-0.36%
20222,802-10-0.36%
20212,812130.46%
20202,7992389.29%
20192,561-4-0.16%
20182,565-30-1.16%
20172,595160.62%
20162,579-7-0.27%
20152,58620.08%
20142,584261.02%
20132,558150.59%
20122,543-19-0.74%
20112,56210.04%
20102,561
showing: 20 rows

Madrid Population by Year