Madrid
Spain
Madrid pulses with a vibrant energy, a city where history and modernity dance in the same rhythm. Imagine strolling along grand boulevards, the scent of tapas wafting from bustling restaurants, and the sounds of laughter echoing from lively plazas – this is the daily experience in Spain's capital. Despite its cosmopolitan allure, Madrid offers a surprisingly accessible lifestyle. While the median home value sits at 290.000 €, notably higher than the national average, the cost of living is tempered by a median rent of 1100 € per month, making it a viable option for a range of budgets. The city's air quality is moderate, and with a noise level that is quiet, it provides a pleasant backdrop for daily life.
From an investment perspective, Madrid presents a compelling case. The unemployment rate, while slightly above the national average at 12.2%, is offset by the city's robust economy and cultural draws. Property crime is relatively low, and violent crime is rare, with only 1.7 incidents per 1,000 residents, ensuring a safe environment for residents. This is a city that welcomes expats and investors alike with open arms. Whether you're drawn to the historical charm of the city center or the modern developments in the newer districts, Madrid offers a diverse range of housing options, from traditional apartments to contemporary lofts, catering to various tastes and preferences. Madrid is a city that offers a unique blend of culture, opportunity, and quality of life.
Madrid, Spain at a Glance
Madrid is a city in Spain with a population of approximately 3,305,408. The median home value is 290.000 € and the median household income is 20.676 €.. The violent crime rate is 1.7 per 1,000 residents. Air quality is rated Moderate. Median rent is 1100 € per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
290.000 €
Median Income
20.676 €
Population
3,305,408
Walk Score
N/A
Air Quality
AQI 56
Moderate
Climate Risk
N/A
Fair
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- Population
- 3,305,408
- Median Age
- N/A
- Median Household Income
- 20.676 €
31% below ES avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 20.2%
Near ES avg
- Median Home Value
- 290.000 €
71% above ES avg
- Median Rent
- 1100 €
69% above ES avg
- Homeownership Rate
- N/A
- Violent Crime Rate
- 1.7 per 1K
32% below ES avg
- Property Crime Rate
- 7.4 per 1K
54% below ES avg
- AQI
- 56
47% above ES avg
- Category
- Moderate
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- Quiet
- Road Traffic
- 40 dBA
23% below ES avg
- Aviation
- 22 dBA
27% below ES avg
- Rail
- 22 dBA
27% below ES avg
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 12.2%
3% above ES avg
- Poverty Rate
- 20.2%
Near ES avg
Weather & Climate in Madrid
Avg High
71°F
Avg Low
51°F
Annual Rainfall
21.8"
Avg Humidity
59%
Culture & Things to Do in Madrid
San Isidro Festival
A week-long festival celebrating Madrid's patron saint with music, dance, and traditional food.
Fiestas del 2 de Mayo
Celebrates the Dos de Mayo uprising with parades, historical reenactments, and cultural events.
Madrid Pride (Orgullo de Madrid)
One of the largest LGBTQ+ pride celebrations in Europe with a massive parade and numerous events.
Veranos de la Villa
A summer festival featuring a diverse program of music, theater, dance, and film.