Madrid, IA
December 23, 2024
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Madrid, IA




Madrid is located in Boone County, Iowa and has a population of 2,784. The poverty rate in Madrid is 9.8% and is lower than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Madrid is 1.1% while the Boone County unemployment rate is 1.3%.

 Population  
Male
 
49.1%
Female
 
50.9%

 Median Age (city/county) 
Madrid
 
43.4
Boone
 
42

 Median Household Income (city/county) 
Madrid
 
$74,375
Boone
 
$75,759

 Median Home Value (city/county) 
Madrid
 
$162,396
Boone
 
$171,513

 Median Rent (city/county) 
Madrid
 
$897
Boone
 
$852

 Poverty Rate (city/county) 
Madrid
 
9.8%
Boone
 
7.5%


Races and Ethnicity


White 98.3%
Black or African American 0.3%
Asian 0%
Native 0%
Pacific 0%
Other 0%
Hispanic 2.9%




ZIP Codes in Madrid: 50156