The median household income in Madrid, IA in 2022 was $73,339, which was 5.1% greater than the median annual income of $69,588 across the entire state of Iowa. Compared to the median income of $39,706 in 2000 this represents an increase of 45.9%. The per capita income in 2022 was $35,122, which means an increase of 30.0% compared to 2000 when it was $24,576.
Whole page based on the data from 2000 / 2022 when the population of Madrid, Iowa was 2,264 / 2,794
Income statistics for all residents
Median household income in Madrid, IA in 2022:
Madrid:
$73,339
State:
$69,588
Change in median household income between 2000 and 2022:
Madrid, Iowa:
+84.7%
State:
+76.3%
Number of households with income < $10k:
Madrid:
4.0% (49)
Iowa:
4.3% (57,792)
Number of households with income $10k - 20k:
Madrid:
4.2% (51)
State:
7.1% (94,476)
Number of households with income $20k - 30k:
Madrid:
8.4% (103)
State:
7.5% (99,451)
Number of households with income $30k - 40k:
Madrid:
7.4% (90)
Iowa:
7.9% (105,366)
Number of households with income $40k - 50k:
Madrid:
4.8% (58)
State:
8.3% (110,374)
Number of households with income $50k - 60k:
Madrid:
10.4% (127)
State:
8.0% (106,753)
Number of households with income $60k - 75k:
Madrid:
12.4% (151)
Iowa:
10.3% (137,637)
Number of households with income $75k - 100k:
Madrid:
22.0% (268)
State:
14.2% (188,515)
Number of households with income $100k - 125k:
Madrid:
9.5% (116)
Iowa:
10.3% (136,469)
Number of households with income $125k - 150k:
Madrid:
10.1% (123)
State:
7.1% (94,270)
Number of households with income $150k - 200k:
Madrid:
6.2% (76)
Iowa:
7.8% (103,165)
Number of households with income > $200k:
Madrid:
0.6% (7)
Iowa:
7.3% (96,727)
Aggregate household income in Madrid in 2022: $96,240,199
Median family income in Madrid in 2022:
Madrid:
$92,828
State:
$90,851
Number of families with income < $10k:
Madrid:
6.7% (48)
State:
2.5% (20,874)
Number of families with income $10k - 20k:
Madrid:
2.3% (16)
State:
3.2% (26,365)
Number of families with income $20k - 30k:
Madrid:
3.3% (24)
Iowa:
4.3% (35,635)
Number of families with income $30k - 40k:
Madrid:
2.1% (15)
State:
5.4% (44,304)
Number of families with income $40k - 50k:
Madrid:
8.4% (59)
State:
6.8% (55,757)
Number of families with income $50k - 60k:
Madrid:
3.6% (25)
Iowa:
6.7% (55,443)
Number of families with income $60k - 75k:
Madrid:
11.4% (81)
State:
10.2% (83,983)
Number of families with income $75k - 100k:
Madrid:
29.4% (208)
State:
16.5% (135,546)
Number of families with income $100k - 125k:
Madrid:
14.2% (101)
Iowa:
13.2% (108,552)
Number of families with income $125k - 150k:
Madrid:
9.7% (69)
Iowa:
9.7% (79,659)
Number of families with income $150k - 200k:
Madrid:
8.9% (63)
State:
11.0% (90,640)
Median non-family income in Madrid in 2022:
Madrid:
$54,840
State:
$41,504
Change in median non-family income between 2000 and 2022:
Madrid, Iowa:
+108.6%
Iowa:
+84.8%
Median per capita income in Madrid in 2022:
Madrid:
$35,123
State:
$38,917
Change in median per capita income between 2000 and 2022:
Madrid, Iowa:
+42.9%
State:
+97.8%
Income statistics for White residents
Median household income in Madrid, IA in 2022:
Madrid:
$73,719
Iowa:
$71,725
Change in median household income between 2000 and 2022:
Madrid, Iowa:
+85.1%
Iowa:
+79.7%
Number of households with income < $10k:
Madrid:
4.1% (49)
State:
4.0% (47,459)
Number of households with income $10k - 20k:
Madrid:
4.1% (49)
Iowa:
6.7% (78,901)
Number of households with income $20k - 30k:
Madrid:
8.3% (99)
Iowa:
7.1% (83,759)
Number of households with income $30k - 40k:
Madrid:
7.3% (87)
State:
7.7% (90,779)
Number of households with income $40k - 50k:
Madrid:
4.7% (56)
State:
8.0% (93,777)
Number of households with income $50k - 60k:
Madrid:
10.6% (126)
State:
8.0% (94,176)
Number of households with income $60k - 75k:
Madrid:
12.5% (149)
Iowa:
10.5% (123,053)
Number of households with income $75k - 100k:
Madrid:
21.8% (260)
State:
14.4% (168,483)
Number of households with income $100k - 125k:
Madrid:
9.6% (115)
State:
10.6% (124,515)
Number of households with income $125k - 150k:
Madrid:
10.2% (122)
State:
7.4% (87,043)
Number of households with income $150k - 200k:
Madrid:
6.1% (73)
State:
7.8% (91,953)
Number of households with income > $200k:
Madrid:
0.6% (7)
State:
7.6% (88,587)
Aggregate household income in Madrid in 2022: $94,265,968
Median family income in Madrid in 2022:
Madrid:
$93,133
State:
$93,591
Number of families with income < $10k:
Madrid:
6.5% (45)
Iowa:
2.1% (15,266)
Number of families with income $10k - 20k:
Madrid:
2.2% (15)
State:
2.7% (19,465)
Number of families with income $20k - 30k:
Madrid:
3.5% (24)
Iowa:
4.0% (28,678)
Number of families with income $30k - 40k:
Madrid:
2.1% (14)
State:
5.0% (36,249)
Number of families with income $40k - 50k:
Madrid:
8.2% (56)
State:
6.3% (45,169)
Number of families with income $50k - 60k:
Madrid:
3.6% (25)
State:
6.7% (48,577)
Number of families with income $60k - 75k:
Madrid:
11.6% (80)
State:
10.4% (75,030)
Number of families with income $75k - 100k:
Madrid:
29.2% (200)
State:
16.7% (120,450)
Number of families with income $100k - 125k:
Madrid:
14.5% (100)
Iowa:
13.8% (99,746)
Number of families with income $125k - 150k:
Madrid:
9.9% (68)
Iowa:
10.2% (73,833)
Number of families with income $150k - 200k:
Madrid:
8.8% (60)
State:
11.3% (81,189)
Median non-family income in Madrid in 2022:
Madrid:
$54,890
Iowa:
$41,981
Change in median non-family income between 2000 and 2022:
Madrid, Iowa:
+108.8%
Iowa:
+85.4%
Median per capita income in Madrid in 2022:
Madrid:
$35,853
Iowa:
$41,266
Change in median per capita income between 2000 and 2022:
Madrid, Iowa:
+45.7%
State:
+105.0%
Income statistics for Hispanic or Latino residents
Median household income in Madrid, IA in 2022:
Madrid:
$91,639
Iowa:
$64,447
Change in median household income between 2000 and 2022:
Madrid, Iowa:
+7.2%
State:
+95.5%
Number of households with income < $10k:
Madrid:
0.0% (0)
State:
5.6% (3,540)
Number of households with income $10k - 20k:
Madrid:
0.0% (0)
Iowa:
6.3% (3,979)
Number of households with income $20k - 30k:
Madrid:
0.0% (0)
Iowa:
6.1% (3,857)
Number of households with income $30k - 40k:
Madrid:
0.0% (0)
State:
9.7% (6,099)
Number of households with income $40k - 50k:
Madrid:
0.0% (0)
Iowa:
11.1% (6,971)
Number of households with income $50k - 60k:
Madrid:
0.0% (0)
State:
8.0% (5,046)
Number of households with income $60k - 75k:
Madrid:
21.4% (3)
State:
11.6% (7,267)
Number of households with income $75k - 100k:
Madrid:
78.6% (11)
State:
16.6% (10,454)
Number of households with income $100k - 125k:
Madrid:
0.0% (0)
State:
8.3% (5,202)
Number of households with income $125k - 150k:
Madrid:
0.0% (0)
State:
6.9% (4,319)
Number of households with income $150k - 200k:
Madrid:
0.0% (0)
State:
5.9% (3,708)
Number of households with income > $200k:
Madrid:
0.0% (0)
Iowa:
3.8% (2,363)
Aggregate household income in Madrid in 2022: $996,076
Median per capita income in Madrid in 2022:
Madrid:
$19,886
State:
$23,112
Change in median per capita income between 2000 and 2022:
Madrid, Iowa:
+66.0%
Iowa:
+113.1%
Income statistics for Multirace residents
Median per capita income in Madrid in 2022:
Madrid:
$12,523
Iowa:
$24,977
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