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The total population of Madrid is estimated to be 259 with 115 males (44.40%) and 144 females (55.60%). There are 29 more females than males in Madrid.
The median household income in Madrid was $49,992 in 2021, which marked an a decrease of 15,164(23.27%) from $65,156 in 2020. This income is 67.01% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Madrid sees its highest median household income among householders in the age group of 25 to 44 years old, at $82,420. Overall, the median household income for the town of Madrid stands at $49,992.
In Madrid, while the Census reported a median income of $17,951 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,694 for males and $31,617 for females.
In Madrid, population is primarily represented by White households, reporting a median income of $50,443.
In 2022, the population of Madrid was 264, a 0.38% increase year-by-year from 2021. Previously, in 2021, Madrid's population was 263, a decline of 0.75% compared to a population of 265 in 2020.
The median age in Madrid, AL is 46.4, as per 2021 ACS 5-Year Estimates. Of the total population, 15.83% were under the age of 15, 12.59% aged 15 to 29, 52.88% aged 30 to 64, 16.55% aged 65 to 84, and 2.16% were 85 years of age and older.
Racial distribution of Madrid population: 80.22% are White, 18.71% are Black or African American, 0.72% are some other race and 0.36% are multiracial.