Madrid
Madrid city, Iowa
Madrid, Iowa, is a hidden gem for those seeking a tranquil and affordable lifestyle. With a population just shy of 3,000, this charming community offers a close-knit atmosphere where neighbors know each other and the pace of life moves at a comfortable rhythm. The real draw? Madrid's remarkable affordability. The median home value of $164,900 is a steal, significantly below the national average, making homeownership a realistic goal for many. The median household income of $74,375 nearly mirrors the national average, showcasing the remarkable value this town offers.
From an investment perspective, Madrid presents a compelling opportunity. The housing market is stable, and the town's welcoming vibe makes it ideal for families and individuals looking to escape the hustle and bustle of city life. While specific employment data isn't readily available, the town's proximity to larger employment centers provides residents with ample job opportunities. Madrid offers a safe environment, perfect for raising a family or enjoying a peaceful retirement. If you're seeking a blend of affordability, community, and a slower pace, Madrid, Iowa, is a place where you can truly thrive.
Madrid, Iowa at a Glance
Madrid is a city in Madrid city, Iowa with a population of approximately 2,784. The median home value is $164,900 and the median household income is $74,375. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 4.0 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $897 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$164,900
Median Income
$74,375
Population
2,784
Walk Score
0
Air Quality
AQI 39
Good
Climate Risk
Relatively High
Good
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- Population
- 2,784
- Median Age
- N/A
- Median Household Income
- $74,375
Near nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 9.8%
21% below nat'l avg
- Median Home Value
- $164,900
42% below nat'l avg
- Median Rent
- $897
23% below nat'l avg
- Homeownership Rate
- 81.0%
23% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 4.0 per 1K
11% above nat'l avg
- Property Crime Rate
- 34.5 per 1K
82% above nat'l avg
- AQI
- 39
7% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 89.69
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- 47.5 dBA
58% above nat'l avg
- Electricity Rate
- 14.0¢/kWh
16% below nat'l avg
- Est. Monthly Electric
- $126
8% below nat'l avg
- Unemployment Rate
- 1.1%
70% below nat'l avg
- Poverty Rate
- 9.8%
21% below nat'l avg
Weather & Climate in Madrid
Avg High
60°F
Avg Low
42°F
Annual Rainfall
34.1"
Avg Humidity
68%
Political Landscape
↗ Trending more Republican
Based on Marshall County county-level presidential election data
Culture & Things to Do in Madrid
Madrid Days
Annual community celebration with a parade, carnival, and various activities.
Madrid Farmers Market
A weekly market offering local produce and goods during the summer months.
High Trestle Trail Run
An annual running event that takes place on the High Trestle Trail.
Madrid Christmas Tree Lighting
An annual event to kick off the holiday season.
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