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    Madrid

    Madrid city, Iowa

    Affordable
    About Madrid

    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

    Kurby Score
    64
    B

    Good

    Walkability & Transit12/100
    Affordability84/100
    Safety95/100
    Economy80/100
    Environment37/100
    Education: Unavailable

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    Demographics
    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

    Housing
    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
    Safety
    Violent Crime Rate
    4.0 per 1K

    11% above nat'l avg

    Property Crime Rate
    34.5 per 1K

    82% above nat'l avg

    Livability
    Walk Score
    0 / 100

    100% below nat'l avg

    Transit Score
    N/A
    Bike Score
    24 / 100

    25% below nat'l avg

    Want a detailed report for a specific address in Madrid?

    Air Quality
    AQI
    39

    7% below nat'l avg

    Category
    Good
    GoodModerateUnhealthy
    Climate Risk
    Overall Risk
    Relatively High
    Risk Score
    89.69

    Top Hazards

    Drought
    Relatively High
    Strong Wind
    Relatively High
    Tornado
    Very High
    Noise Levels
    Overall
    Quiet
    Road Traffic
    N/A
    Aviation
    N/A
    Rail
    47.5 dBA

    58% above nat'l avg

    Utility Costs
    Electricity Rate
    14.0¢/kWh

    16% below nat'l avg

    Est. Monthly Electric
    $126

    8% below nat'l avg

    Employment
    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%

    Monthly Temperature (°F)
    Monthly Precipitation (inches)

    Political Landscape

    Political Leaning
    Leans Republican
    DemocratRepublican

    ↗ Trending more Republican

    Based on Marshall County county-level presidential election data

    Presidential Election Results

    Culture & Things to Do in Madrid

    Attractions & Landmarks
    🏛️Madrid Historical Museum(museum)
    🏗️High Trestle Trail Bridge(landmark)
    🌳Big Creek State Park(park)
    📜Boone & Scenic Valley Railroad(historic)
    🏗️High Trestle Trail Bridge(landmark)
    📜Madrid Community Building(historic)
    Local Events & Festivals

    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.

    Things to Know Before Moving

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